September 2012 -

Bond Terminology

September 30, 2012 1:37 pm GMT+0  in Bond, Investing

Now when we have covered the basics i.e. “What are Bonds”, before we move further, let us try to see what are the common Bond terminologies or common terms related to bonds. Basically if we see the complete cycle it is as follows: 1) Purchase the bonds when those are issued. 2) Get the yearly […]

GBP/USD Today – 2012/9/28

September 28, 2012 4:15 am GMT+0  in Forex Analysis

GBP/USD Today Today’s outlook for GBP/USD: The currency pair had gone down as low as 1.6137 but found support just above the 22-day EMA (yellow line in the daily chart below). The strong jump from that support took GBP/USD to 1.6258. Please note that the recent high was 1.6309 which was slightly higher than the […]

EUR/USD Today – 2012/9/28

September 27, 2012 10:58 pm GMT+0  in Forex Analysis

EUR/USD Today: Today’s outlook for EUR/USD: Yesterday was another mixed day for EUR/USD. The pair had gone down to 1.2828 i.e. 2 pips below the first profit target mentioned in our daily technical analysis but then had jumped strongly by 100 pips to 1.2928. EUR/USD Daily Chart:   Market Highlights: 1) Greece: Greek Prime Minister […]

What Are Bonds?

September 27, 2012 7:53 am GMT+0  in Bond

This question i.e. “What are bonds” started popping up a lot recently from people who have not been exposed to bonds. Who says that crisis situations do not have any positive side? The debt crisis in Greece and Spain etc and ECB’s plans for unlimited bond purchase has been the reason that the otherwise not […]

EUR/JPY Will The Bullish Mood Continue?

September 26, 2012 9:00 am GMT+0  in Forex Analysis

EUR/JPY – What to Expect EUR/JPY fell strongly from 103.86. The fall had started before testing the 61.8% retracement of the downward move between April 1st to July 24th. EUR/JPY Daily Chart 1: The fall also took place before testing the mid-term upper trend line resistance. EUR/JPY Weekly Chart: The 5-day EMA has crossed below […]

EUR/USD: What to Expect Today? (EUR/USD Outlook – September 26, 2012)

September 25, 2012 11:08 pm GMT+0  in Forex Analysis

EUR/USD Today’s Outlook: This post is in continuation of yesterday’s post i.e. Yesterday (for US it is still today) was a mixed, volatile day for EUR/USD and the currency pair moved like a drunk or a confused person. It stayed in range for some time then jumped up strongly but failed to test the psychological […]

EUR/USD Stuck Between Close Resistance and Support Levels

September 25, 2012 3:13 am GMT+0  in Forex Analysis

EUR/USD is finding resistance exactly at 5-day EMA (green line in the following chart) and support at 22-day EMA (Yellow line). A classical example of supports and resistances. EUR/USD Daily Chart:   Recent Past: ECB President Draghi’s rescue plans followed by German Constitutional court’s favorable decision for German standing for the same had boosted the […]

Technical Analysis Commitment of Traders (COT) Data

September 18, 2012 10:14 am GMT+0  in Forex Analysis

Commitment of Traders (COT) Data Speculators’ Short in USD Futures Soar. The aggregate net short positions in the USD soared to 94,712 contracts, up from a nominal short of only 453 contracts in the previous week. Again, the big increase of USD shorts came against buying of the commodity currencies, specifically the Canadian and Australian […]

HY Markets Trading Championship 2012

September 17, 2012 6:30 am GMT+0  in Miscellaneous

Register Now and Become a Champion The HY Markets Trading Championship 2012 gets underway on October 1st 2012 and runs for eight weeks, until November 30th 2012. With prizes worth a total of over $30,000 including overall and weekly prizes to be given away, do not hesitate to get started on your practice account to […]

EUR/USD – Mid-Term Outlook

September 14, 2012 12:50 am GMT+0  in Forex Fundamentals and News

Mid-Term Outlook of EUR/USD Federal Reserve announced buying of Mortgage Securities in yesterday’s policy meeting. This 3rd round of bonds buying is another effort for the quantitative easing to help the job market and hence the economy of U.S. Though yesterday’s report of “Continuing jobless claims” was better than expected but the Initial Jobless Claims” increased […]

USD/JPY Outlook – September 13, 2012

September 13, 2012 6:20 am GMT+0  in Forex Analysis

USD/JPY : Today’s Outlook USD/JPY had ultimately broken below the key support of 77.91. It happened after a long time and strengthened the bearish outlook. But the real test will be the break of 77.64 of June 1st. The current price is hust hesitating around 77.65 or 1 pip above the key support. Federal Reserve’s […]

EUR/USD Outlook – September 13, 2012

September 13, 2012 6:08 am GMT+0  in Forex Analysis

EUR/USD has been moving in very narrow ranges even though the movement is showing signs of bullishness. The factors which are keeping the move in check are: 1) Psychological resistance of approaching 1.3000 ranges: Since May 8th, 2012 the pair has been trading below this and even had dropped as low as 1.2042. 2) Questions […]