Posts Tagged ‘Forex’

Japan’s Economy in the News!

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The recent rise in the Yen is a phenomenon adversely affecting the share prices of Asian banks, as well as Sony, Toyota and Mitsui, all of whic have lost ground. The yen rose about 100 pips against the dollar and closed at 97.29. Against the euro, the currency was highlighted Japan and gaining 200 pips to close at 132.23. However, against the pound were higher gains, advancing about 250 pips to close at 147.08. This comes as the global economic fear seems to fade.

If the stock market continues to correct, the yen may continue to rise at least the medium term. Maybe in the coming days the USD / JPY reaches 96.00. Today it would be advisable to follow the publication of the current account and the Bank Lending, to be published at 23:50 GMT. Clayton morris may also support this cause. Oil – Oil fell short of the $ 60 oil again failed to reach the $ 60. Only managed to move 30 pips to close at $ 58.31 a barrel. However, considering that the stock market fell, the result can say it was good. The main reason why oil is stable is that there are signs that major industrial economies are on their way to recovery. And consequently, the demand for oil could rise.

Crude may continue rising as long as the major developed economies continue to show signs of recovery. However, if for the third quarter this is not observed, crude could drop below $ 50. Is it advisable to follow the economic releases of both the United States, Japan and China, for the purpose of having a broad economic outlook and greater certainty. Technical News EUR / USD 4-hour chart, the RSI shows an area of excess purchases, so that a downward correction would take place. In the daily chart, the Slow Stochastic supports this notion. Going short would be wrong today. GBP / USD In hourly chart, Bollinger bands begin to narrow. In the daily chart, the RSI is in oversold, but suggests the slow stochastic, we could see a significant drop. Going short would be wrong today. USD / JPY The pair downtrend seems to end. Figure 4 hour Slow Stochastic suggests an upward movement. In the 4 hour chart, the RSI is in oversold. Also on the daily chart, the Slow Stochastic suggests a hike, go on long could be successful. USD / CHF chart in 4 hours and daily RSI is in excess of sales. In the hourly chart, on the other hand, Bollinger bands begin to narrow and volatile movement could be bullish. Going along would be successful. The letter of the day Petroleum Following the recent uptrend, this commodity is in excess purchases in figure 4 hours, daily and weekly, with respect to RSI, so that a downward correction was imminent. Additionally, daily chart with the Slow Stochastic supports this notion. Investors can exploit and maximize earnings entering the bearish look likely.


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But the license and governed fairly principled reason for choosing DC. Should be given to attention to the site of a broker complete postal and banking details. Professional popularity selected broker look at blogs, ratings of financial institutions and conferences. It is also very important to hear views of more experienced traders. Clearly the network is fully customized reviews and ratings, but if the DC with reguyarnym constancy goes vlidery of bad faith from forum to forum, it's an excuse to think about Raisonne work with this firm. I think needless to say that working with him is better not to start. Carefully read all the papers, which will need to sign up. Pay special attention to the terms of trade.

Quite often, unscrupulous brokers introduce additional restrictions in trade. The most popular items are the mandatory number of transactions over a certain period of time. Or it may have a point regulating the duration trade deal before its closing. Eslikompaniya abroad and provides a contract in English only, it is not greedy and use the services of professional translators. Heed to the signing contract. The terms of trade are not important enough. By the rules of trade are: the exact quotes and Competitive spreads, trading with guaranteed execution of pending orders, advanced trading platform, a wide tools, charge% on the balance of free funds.

Novice traders in the selection of DC in the first place paying a look at the size of the spread. A broker that enjoy and lured traders advertising that "only we have the spread on Basic setup is very small. " I think a serious and sustained a broker is unlikely to be dempingovat at this point. Simply spread is the main income of the broker. I think that a wide range of tools that is available for Trade customers to the company, plays an important role. Evaluate all these factors need to trade terminal company to open a demo account. I think the presence of frequent requotes, slippage, breakage of communication and other such moments or their absence will help you to choose.

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