Article Library

7/57
Ranking

Before the RBNZ
The NZD started off the week strong against the USD despite the NFP jobs report that came in with over 70K above the expected. All eyes were on the Reserve Bank of New Zealand (RBNZ) and more importantly the Top Boss Graeme Wheeler as to whether the RBNZ would maintain its rates or follow the BOE, RBA, and BOJ which had adjusted their interest rates in the week earlier.
All traders were expecting a rate cut due to;
  • The decrease in the oil prices that weren’t enough to push the inflation higher as expected by the RBNZ estimates in June.
  • The expectations of the FED rate hike didn’t drag NZD/USD lower but rather strengthened it.
  • The RBNZ also tightened its mortgage lending restrictions as a possible indication of rate cut.

Furthermore RBNZ Chieftain Wheeler said in the June RBNZ statement that:
At this stage it seems likely that further policy easing will be required to ensure that future inflation settles near the middle of the target range

After the RBNZ
The RBNZ cut its cash rate by 0.25% to a record low 2.0%.
CHART 1- The RBNZ interest rate since April 1st 2015 to July 1st 2016
Contrary to what experts thought, the NZD/USD shoot up by over 130pips within 30minut…
Read article
Translate to English Show original
fx211pips avatar

superb article

geoma avatar
geoma 16 Sep.

Very interesting, keep up the good work.

Brezhnyulia avatar

you are really great  in it

paglu avatar
paglu 4 Oct.

nice article

DONCEVCLARK avatar

great!

orto leave comments
15/47
Ranking
Review of the last week
Last week began with a somewhat higher CPI in China than expected, giving a signal that prices are due to the labile monetary policy in China are beginning to grow rapidly. In the euro area other than individual data on inflation countries did not have significant data, however, what was interesting is meeting of finance ministers in the EU which has led to new strategies in the new situation that followed the brexit.
Japanese yen in the last week had a significant decrease in relation to all currencies due to the normalization of the political situation in the EU and also because of poor data in industrial production which in May fell by 2.6 per cent, the second consecutive month of decline.
Probably the most interesting event in the past week has been leaving interest rates in the UK, although the market is prepared to cut the 0.25 percentage. Unchanged interest rate is strongly influenced by the pound and this currency has made a significant correction against the dollar and also in other currencies.
One more decisions in the interest rate occurred in Canada, where the Bank of Canada left rates unchanged at a level of 0.5%. In the US we have had the most…
Read article
Translate to English Show original
WallStreetBlog avatar

Genial!!!

Natalia_Kisenko avatar

well done!

yellownight avatar

good luck

valeryfedorova avatar

Very good

Natali_Niyazova avatar

good work Amer! :)

orto leave comments
17/52
Ranking
Review of the last week
Beginning last week marked the continuation of pressure on the dollar for the last nfp who was disappointed and I went out to the data of only 38k in relation to the expected 165k. But as Sunday progressed dollar is coming back all the losses and the finals Sunday press the advantage in relation to other currencies.
Although the euro was one of the currencies that have strengthened the most against the dollar in the nfp despite good data that marked last week and especially more than expected gdp in the EU, euro is start to loosing momentum on the end of the week. Reason for that we can find in brexit polls where Britons will decide to stay in EU or not. Last polls shows that ,,leave” have some advantage and that bring risk for both UK and EU. Because of that euro and pound was on the big pressure on the two last days of the week.
Usdcad was very choopy last week and the main reason for that is that oil was on the crucial resistance and some false breakout and bouncing from resistance level of 51.6$ lead huge volatility on usdcad. This pair fall around 150 pips last week but that can be worst for usd because in the last two days usd recover on almost all …
Read article
Translate to English Show original
Sennna88 avatar
Sennna88 16 June

Great and detailed analysis. What is your opinion of this pair after Australian employment report ?

klintons avatar
klintons 16 June

Perfect

JuliannaS avatar
JuliannaS 25 June

Detailed and good written .  I like to read it

Olkiss70 avatar
Olkiss70 25 June

very nice

orto leave comments
15/52
Ranking
Review of last week
Last week began with a low-volatility due to the bank holiday in the UK and Memorial Day in the US. On the first day of trading we had data on inflation in Germany, which were in line with forecast and were 0.3%. The same day, but in later times, Japan has demonstrated its unemployment data which were steady at 3.2 which is not much change market.
The first excitement came after the article in Bloomberg that Abe prime minister has made a decision on the delay tax rise, to hit the yen and the yen reached a bottom after that during the last few weeks under all currency pairs. However turnover occurred after confirming the news when became the official, Japanese yen did not fall on the first notice that after a few hours strongly strengthened against the dollar from the 110.70 to 109.
On Tuesday we had confirmation that inflation in the Eurozone was at the expected level in the amount of 0.8%, which is just above last month for 0.1%. GDP in Canada was weaker than expected and the news affected the fall of Canadian dollar despite rising oil prices, which in the last week trading for the first time this year was above $ 50 per barrel. Ends week brought the excitement…
Read article
Translate to English Show original
Forex_champion avatar

great article

ARASHFATHI avatar
ARASHFATHI 29 June

fantastic

amerfx86 avatar
amerfx86 30 June

Thanks a lot all, for your opinion.

klintons avatar
klintons 4 July

Nice

paglu avatar
paglu 2 Aug.

Very important

orto leave comments
23/59
Ranking
Review of last week
Last week began with the BOJ meeting minutes which was not volatile for the yen pairs and we got the conclusion that the economy of Japan improving gradualy, however it did not help the yen to be held in relation to other currencies and was the weakest currency in the last week among the majors. In the EU we had weak data particularly in the industrial production and GDP of EU, which was below expectations, while perhaps the only positive point was that Germany had somewhat better than expected inflation and trade balance that far exceeded expectations. Also, the euro was one of the weakest currencies and compared to usd fell and broke through some key supports.
On Thursday we had the BoE, pound was very choppy but after expectations of lower inflation and moderate dovish stance of Carney continued to decline. Rise of oil prices in the last week did not help commodity currencies and they were all in the red compared to usd. Based on the above, we conclude that the US dollar was the strongest currency in the last week after a week of declined from the low this year.
This week we will analyze one of the commodity currency compared to usd which is now in a very st…
Read article
Translate to English Show original
bokafx avatar
bokafx 29 May

Good view on AUD and nice article

Nika_1952 avatar

Good professional look.

Helena_Prekrasnaj avatar

good analysis and almost a sure forecast))

fxsurprise8 avatar

nice

Govagent avatar
Govagent 1 June

Good article ^_^

orto leave comments
17/59
Ranking
As I have announced in my previous article, I’m still expecting very interesting and surprising developments in the coming months and actually it has been happening in May, but certainly this is not the end of excitement in the forex. In the series of articles titled “Forex Weekly Outlook” will continue to provide my opinion to readers together with detailed information analyzes and forecasts for the currency pairs that they are asking for. Of course, I want to encourage readers to any suggestions, questions or requests to write in the commentary box. Based on the suggestions from Dukascopy community members, this week I will analyze the USDJPY and I expect the biggest volatility in this pair. I want to introduce a novelty – a new subtitle, which will go from now on every week and will represent a review of the last week in which I will try to remind you about the most important events of the last week.
Review of the last week
After several days of weakening dollar, Tuesday was a U-turn day. In almost all USD currency pairs daily candle was inverse hammer or a hammer. Investor’s concerns are that the currency with negative interest rates strengthened against the dollar so that is…
Read article
Translate to English Show original
bokafx avatar
bokafx 29 May

Good technical analysis for USD/JPY, useful article.

Helena_Prekrasnaj avatar

I like your idea for writing several articles!

Govagent avatar
Govagent 1 June

Yup, I'm waiting for the bounce all right ^_^

amerfx86 avatar
amerfx86 6 June

Thanks all  for support!!!!!

amerfx86 avatar
amerfx86 6 June

As we seen in friday and yesterday 106.50 support is in play again and as i mentioned in the article buyers are ready to put the trade on the price range from previous low of 105.4-106.50. Every move in this range we seen after strong bounce.

orto leave comments