USD/JPY closed last week below the important 105 - 105.30 support. Calendar-light and holiday-shortened week ahead probably means lower participation and some choppy price action, though a substantial move in either direction wouldn't come as a surprise. 102.5 - 103 remains the next target on the downside.
Community Blog
Aussie into holidays on its lows
Australia kept triple A credit rating this week, according to all there major agencies. That didn't prevent Aussie from falling further, though the momentum has waned noticeably ahead of the holidays.
The pair is finding some support near 61.8% retracement of the December 2015 - April 2016 upswing, the long-term trendline zone, drawn off of 2001, 2008 and 2016 lows, and the May 2016 low. 0.7250 is the initial resistance.
The pair is finding some support near 61.8% retracement of the December 2015 - April 2016 upswing, the long-term trendline zone, drawn off of 2001, 2008 and 2016 lows, and the May 2016 low. 0.7250 is the initial resistance.
01-08 - August, the month of vacation.
This is month and June and Jully normaly is the months when, most people take vacation.
This may affect the markets in different ways for exemple:
- Less liquidity, because the hollidays
- Can afect a particular asset, because there will be more consumption of goods and more circulation of money,
- etc...
Best Months To TradeThe whole year can be divided in thirds, starting with the three terrible months of Summer, the four best months of Autumn, and the four decent months of Winter-Spring.
[lis…
This may affect the markets in different ways for exemple:
- Less liquidity, because the hollidays
- Can afect a particular asset, because there will be more consumption of goods and more circulation of money,
- etc...
Best Months To TradeThe whole year can be divided in thirds, starting with the three terrible months of Summer, the four best months of Autumn, and the four decent months of Winter-Spring.
[lis…
Eat What You Want Day
Проснувшись сегодня утром и посмотрев на календарь, я поняла, что день будет обычным. Ни у кого нет Дня Рождения, никаких (вроде) государственных или семейных праздников, просто еще один хороший день. Приняла душ, сделала себе кофе и залезла в интернет (ну а что же еще делать?!). Листая статьи, наткнулась на одну короткую: 11 мая в США отмечают день, когда можно есть все что угодно. Серьезно! Это большой праздник, национальный, который, кстати, до конца не известно кем и когда открыт) То есть, е…
Sideways start to the week
Currencies started the week sideways, which is not entirely surprising with a very light calendar on Monday and Tuesday plus New Zealand and China on holidays.
There was some USD and JPY buying right at the open but the moves were reversed promptly, producing little follow through so far after the solid U.S. jobs report on Friday.
There was some USD and JPY buying right at the open but the moves were reversed promptly, producing little follow through so far after the solid U.S. jobs report on Friday.
WHAT TO CELEBRATE FROM 1 to 10 OF JANUARY?
HOLIDAYS EVERY DAY:
WHAT TO CELEBRATE FROM 1 to 10 OF JANUARY?
The long-awaited new year holidays has officially begun! Ahead of us are 10 days of rest.
If you still haven't figured out what to do on these days-off, I can give you a hint: celebrate!
Fortunately, almost every day is a holiday!
January 1 is the World Day of Peace!
WHAT TO CELEBRATE FROM 1 to 10 OF JANUARY?
The long-awaited new year holidays has officially begun! Ahead of us are 10 days of rest.
If you still haven't figured out what to do on these days-off, I can give you a hint: celebrate!
Fortunately, almost every day is a holiday!
January 1 is the World Day of Peace!
The Holy Father's message for this day weaves together concerns for peace, poverty and care for creation. The most pacifist holiday is celebrated on 1 January and also
… 
We wish you a merry Christmas
Hello everyone!
Today a 28th of December. A few days and it will be a New Year!
Ho-ho-ho!
Maybe someone had already seen Santa with his deer's?
By the way I want to congratulations people with Christmas, because I think everyone know, that in some regions and countries people celebrate Christmas 25th of December. In Ukraine people celebrate it 7th of January. But its only numbers. In our hearts everyone feel the same when we celebrate it and its doesn't meter in which day.
I hope that most of …
Today a 28th of December. A few days and it will be a New Year!
Ho-ho-ho!
Maybe someone had already seen Santa with his deer's?
By the way I want to congratulations people with Christmas, because I think everyone know, that in some regions and countries people celebrate Christmas 25th of December. In Ukraine people celebrate it 7th of January. But its only numbers. In our hearts everyone feel the same when we celebrate it and its doesn't meter in which day.
I hope that most of …
Праздник приближается))
Для меня новогоднее настроение наступает,
когда весь город, практически каждая улочка и дом начинают светится праздничными огоньками))
когда начинают взрывать петарды и хлопушки))
... хотя это и не самое приятное проявление приближения новогодних праздников))
когда мандарины продаются на каждом углу))
когда в меню кафе появляется имбирный чай))
когда прохожие одевают яркие и забавные шапки и шарфы кутаясь от кусающего холода))
когда везде раздаются рождественские мелодии))
когда яркие и красочн…
когда весь город, практически каждая улочка и дом начинают светится праздничными огоньками))
когда начинают взрывать петарды и хлопушки))
... хотя это и не самое приятное проявление приближения новогодних праздников))
когда мандарины продаются на каждом углу))
когда в меню кафе появляется имбирный чай))
когда прохожие одевают яркие и забавные шапки и шарфы кутаясь от кусающего холода))
когда везде раздаются рождественские мелодии))
когда яркие и красочн…
EURo saw some activity on a slow day
It was a sideways day in the FX markets yesterday and more of the same is expected for today with France, Canada and U.S. on holidays. Chinese data, UK jobs report and ECB president Draghi's speech may liven things up a bit, particularly in case of a bigger deviation from consensus.
Euro, which was relatively vivid, broke below 1.07, trading to as low as 1.0675, before it pulled back. Long term trendline comes in near 1.0650 and, if it goes, April (~1.0520) and March (~1.0460) lows will come int…
Euro, which was relatively vivid, broke below 1.07, trading to as low as 1.0675, before it pulled back. Long term trendline comes in near 1.0650 and, if it goes, April (~1.0520) and March (~1.0460) lows will come int…