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Today Mario Draghi, President of the European Central Bank, said that they needed monetary expansion and that they needed to be patient for the first interest rate hike. On the other hand, the failure of German coalition partners to agree on the issue of immigrants is one of the key issues that put pressure on euro assets as well as the question of whether the coalition is deteriorating on the market side. In addition, economically problematic countries such as Italy and Spain are among the fact…
Blog de la Communauté FX
I wrong on my idea...
I wrong on my idea bet on high yield currencies , maybe. In fact today it is a real blood-bath for USDZAR , USDTRY and ZARJPY. They was used as proxy to follow the rout on the stock market , but this correlation it was very low in the past years so if the market should enter in a real bearish phase it could to be a smart idea make some bet on a pair as the ZARJPY
In this chart you can see as such pair it was market-neutral in the past
In this chart you can see as such pair it was market-neutral in the past
Brent oil
British Petroleum (BP), 2018 World Energy statistics view and recent reports compiled according to the U.S., oil and petroleum products production in the summit took place last year. According to the report, the United States was the world's largest producer of oil and oil products for four consecutive years. In January 2017, Saudi Arabia and Russia, which went to restrict crude oil production levels to lower the supply surplus in the global oil market, dropped oil production last year. The eyes…
GBPusd overview
Recent reports on Ireland have put pressure on sterling assets. In particular, it was important to mention that Michael Barnier, the chief negotiator of the European Union Brexit yesterday, had to respect the Common Market and Customs Union integrity of the UK's proposal on the Irish border. On the other hand, following the statements of the British Minister of Finance Philip Hammond today, he pointed out that Britain is not a normal country like Liechtenstein and that it wants a special partner…
EURUSD overview
The European Central Bank (ECB) has recently announced that after significant announcements from officials about the bond buying program, expectations that the Bank may take significant steps towards the purchase of assets at the next meeting are causing positive prices on euro assets. On the other hand, Italy and Spain are currently supporting the euro side in positive news from the political arena. However, developments from countries should be closely monitored. On the US side, while tensions…
ZARjpy
The ZARJPY bullish trend , began in the Q3 of 2016 , is below its last peak by 5% but however is up by 41 % from its start and still above the moving average of long period
Taking in account of the bullish signal coming by the CCI oscillator ( a valid signal for medium period trend ) seems easy foresee a further increase , at least up the next resistance , provided by the Fibonacci expansion
Taking in account of the bullish signal coming by the CCI oscillator ( a valid signal for medium period trend ) seems easy foresee a further increase , at least up the next resistance , provided by the Fibonacci expansion
ZARjpy
The ZARJPY increased about 50% since Q2 of 2016 , growth that seems fading this year with the pair unable to breach the resistance placed to 9.2 . At the moment you can see the first signals of bearish trend , with the pair that went below the MA of long period
If this trend ( bearish) will continue in the coming weeks the pair could to follow the path provided by the Pitchfork channel
If this trend ( bearish) will continue in the coming weeks the pair could to follow the path provided by the Pitchfork channel
ZARJPY
ZARJPY increased by 45% since Q3 of 2016 , a strong bullish trend ( red channel ) that faded when the pair reached the static resistance placed around 9
With the RSI oscillator to 43 the pair should record a slight correction in the coming days , maybe following the bearish channel present in this chart
With the RSI oscillator to 43 the pair should record a slight correction in the coming days , maybe following the bearish channel present in this chart
ZARJPY
ZARJPY bullish trend continue , with the pair well above the MA of long period ( 200) and the RSI oscillator to 54. From the minimum touched in the Q3 of 2016 the pair increased by 40%
I foresee further in crease in the coming period , with the pair that could reach the resistance provided by Fibonacci Expansion (61,8%) for April
I foresee further in crease in the coming period , with the pair that could reach the resistance provided by Fibonacci Expansion (61,8%) for April
#ZARJPY Predicción #forex 1 Marzo 2018
- horizonte temporal de gráficos analizados: Semanal y Diario
- Método del análisis: Soportes & resistencias, Retrocesos.
- Figuras técnicas analizadas: Triángulos, patrón de la trampa, patrón de giro en forma de "W", figura hombro/cabeza/hombro
Durante el cuarto trimestre 2017 se confirma una trampa bajista, el precio tras superar el nivel 8,25 se dispara como un cohete hasta el nivel 9,20 el soporte de referencia semanal yace sobre el nivel 9,00 siempre y cuando el precio se mantenga p…