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A look at EUR/USD

VAIBS1991 Posted 21 Aug.  in #Trader's blog #Trendlines #Andrew's Pitchfork
EUR/USD is likely to trade sideways with a downward bias till Wednesday in absence of any fundamental trigger of course except any unforeseen event. I will be looking for shorting opportunities with a stop loss of 1.1800 for the target of 1.1680. To make the risk reward ratio more favorable I think it will be better to enter into short trades around the levels of 1.1760 to 1.1770.
Happy trading week to all !
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Gonchar 8 Sep.

вроде похоже на правду

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EUR/JPY is searching for a direction.

VAIBS1991 Posted 19 Aug.  in #Trader's blog #Andrew's Pitchfork
EUR/JPY is one of my favorite pair to trade simply because of large predictable moves. It has mostly traded in lower highs lower lows formation since the start of this month of August which is exactly opposite of higher highs higher lows formation of last month of July 2017. I don't see any fundamental trigger which may change the course of EUR/JPY in near term. Nonetheless we should watch out for Jackson Hole Symposium speeches of worlds most influential central bankers with Jenet Yellen being …
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Gonchar 8 Sep.

круто

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NZD/JPY is likely to rebound.

VAIBS1991 Posted 11 Aug. as Analysis on NZD/JPY, Target: 82.84, Date: 2nd of October, 12:00 GMT  in #Technical analysis #NZD/JPY #Fibo Expansion #Andrew's Pitchfork
NZD:
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
JPY:
There are quite positive developments going on in Japanes economy. Japan's e…
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VAIBS1991 24 Sep.

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

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VAIBS1991 27 Sep.

The Bank of Japan left the interest rate unchanged at -0.1 percent at it's September 2017 monetary policy meeting. Policymakers also deciding to maintain it's 10-years government bond yield target around zero percent and are viewing a moderate recovery trend in the economy is continuing while exports are picking up. The Bank of Japan will continue with "Quantitative and Qualitative Monetary Easing (QQE) with a Negative Interest Rate,"aiming to achieve the price stability target of 2 percent, as long as it is necessary for maintaining that target in a stable manner.

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VAIBS1991 28 Sep.

The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on September 28th, 2017. Major economic challenges such as persistent surplus capacity and extensive political uncertainty are yet to subside. GDP growth in the March quarter was lower than expected, with weaker export volumes and residential construction partially offset by stronger consumption. Headline inflation has increased over the past year in several countries, but moderated recently with the fall in energy prices. Nevertheless, the growth outlook remains positive.

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Will EUR/USD resume the Rally?

VAIBS1991 Posted 10 Aug.  in #Trader's blog #Trendline #Andrew's Pitchfork
Well, the answer is 'only CPI can tell'.
Tomorrow we will have the inflation data of Europe's major economy Germany and the United States. Given the recent spate of weak inflation number it will be closely watched for any indication to contrary.
As far as technical are concerned the EUR/USD is taking support near the levels of 1.170 which is also trendline support. If the CPI numbers come favorable I think it will resume the rally.
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Waiting for RBNZ rate decision.

VAIBS1991 Posted 9 Aug.  in #Trader's blog #Andrew's Pitchfork
All eyes are now on Reserve Bank of New Zealand for further cues on the direction of NZD/USD. The Reserve Bank of New Zealand is widely expected to keep its official cash rate unchanged at record low of 1.75 percent on August 9th, 2017. Major economic challenges such as persistent surplus capacity and extensive political uncertainty are yet to subside. GDP growth in the March quarter was lower than expected, with weaker export volumes and residential construction partially offset by stronger co…
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AUD/JPY to consolidate.

VAIBS1991 Posted 9 Aug. as Analysis on AUD/JPY, Target: 87.24, Date: 2nd of October, 12:00 GMT  in #Technical analysis #AUD/JPY #Rsi #Trendlines #Andrew's Pitchfork
AUD:
In Australia the Reserve Bank of Australia is expecting the Australian economy to grow at an annual rate of around 3 percent over the next couple of years and inflation is estimated to pick up gradually as the economy strengthens. Employment growth has been stronger over recent months, and has increased in all states. The unemployment rate is expected to decline a little over the next couple of years.
JPY:
There are quite positive developments going on in Japanes economy. Japan's economy ha…
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VAIBS1991 27 Sep.

In the meeting held on 5th September the RBA kept the interest rates unchanged at 1.5 % but gave much more positive indications about growth in economy.  As per recent economic data, inflation is expected to rise gradually, business investments is picking up, employment growth has become stronger, though labor hours remains week. The various forward-looking indicators point to continued growth in employment over the period ahead. Economic growth is still expected to increase gradually over the next couple of years to a little above 3%.

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VAIBS1991 28 Sep.

The Unemployment rate in Japan is expected to remain steady at 2.8 % in August same as previous month. Rise in labor force is being absorbed by rising job opportunities in improving Japanese economy. Among people aged 15 to 24 years old, the jobless rate is likely to fall 4.9 % from 5.1%. A lower jobless rate translates into more income-earning workers and greater consumption. Such increased expenditure accelerates economic growth, but can also heighten inflationary pressures. However, such inflationary pressures are missing in Japanese economy despite Unemployment rate reaching 28 year low

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AUD/USD rally to continue.

VAIBS1991 Posted 2 Aug. as Analysis on AUD/USD, Target: 0.8235, Date: 2nd of October, 12:00 GMT  in #Technical analysis #AUD/USD #Trendlines #Fibo Retracement #Andrew's Pitchfork
AUD:
In Australia the Reserve Bank of Australia is expecting the Australian economy to grow at an annual rate of around 3 percent over the next couple of years and inflation is estimated to pick up gradually as the economy strengthens. Employment growth has been stronger over recent months, and has increased in all states. The unemployment rate is expected to decline a little over the next couple of years.
USD:
US GDP Growth rose to 2.6 % (YoY) in second quarter of 2017 which marks a robust impr…
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Predicting NZD/USD

VAIBS1991 Posted 14 July as Analysis on NZD/USD, Target: 0.7480, Date: 1st of September, 12:00 GMT  in #Technical analysis #NZD/USD #Fibonacci Retracement #Andrew's Pitchfork
NZD
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD
In the United States the Federal Reserve has a much more positive outlook abou…
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VAIBS1991 4 Aug.

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

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Predicting AUD/USD

VAIBS1991 Posted 14 July as Analysis on AUD/USD, Target: 0.8185, Date: 1st of September, 12:00 GMT  in #Technical analysis #AUD/USD #Fibonacci Retracement #Trendlines #Andrew's Pitchfork
AUD
In recent meeting held on 4th July RBA though kept interest rates unchanged but gave much more positive indications about growth in economy. Governor Lowe said, business investments have picked up, employment growth has become stronger, though Wage growth remains low, however, and this is likely to continue for a while yet. Inflation is expected to increase gradually as the economy strengthens. The various forward-looking indicators point to continued growth in employment over the period ahe…
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VAIBS1991 4 Aug.


National Australia Bank's Business Confidence is likely to come at 7 this month which will give much more positive indications about growth in economy. As per recent National Australia Bank's Business Confidence data inflation is expected to rise gradually, business investments is picking up, employment growth has become stronger, though labor hours remains week. The various forward-looking indicators point to continued growth in employment over the period ahead. Economic growth is still expected to increase gradually over the next couple of years to a little above 3%.

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