Ekaterina Fechina
Company Representative
- Messages
- 522
Issue №29 from 27/12/2014
Hello, our forum dear visitors.
The European broker Forex.ee analytical department offers you the Analytics.
Euro
The US economy showed a significant positive trend in the last quarter of 2014 and it is likely to keep it in the first quarter of 2015, as now the consumer takes advantages of the labor market steady state and the low fuel prices.
The euro traders monitor the political instability in Greece. There is a risk of early parliamentary elections, if the Greek Prime Minister Antonis Samaras is not able to get support with a sufficient number of voters on December 29 for the choice of the President, Stavros Dimas.
Trading recommendations
Today the pair euro/dollar is trading at the upper consolidation range boundary. Next, we will consider the decrease continuation for the minimum update. Another decrease target is at the level of 1.2100. Then we expect the growth to the level of 1.2150. Later we will consider a new reduction for the level completion of 1.2050.
Pound
According to the official data from the National Statistics Office, the British workers have demonstrated production increase in the third quarter of this year. Moreover, the growth rate results turned out to be the highest for more than three years.
From the Bank of England statement, it became known that the interest rates increase is unlikely possible in the short term. The indicator points out to level of salaries that began to grow with an accelerated dynamics.
Trading recommendations
Today the pair pound and the US dollar are trading upwards. We consider the growth wave development to the level of 1.5600. Next, we expect a decrease to the level of 1.5520. Only after the such a pattern formation, we will evaluate the structure potential for the growth continuation in the future.
Yen
According to the Japanese yen, we expect the growth continuation to 121.80 only in case of the Japanese stock market growth continuation. Despite the intensive American stock indices growth, Japanese investors have taken profits more often for the last two weeks - before every more or less important event. New Year's Eve, of course, is an important event, so the decrease risk is essential to reach the level of 119.00.
Trading recommendations
Today the pair yen/dollar was trading in the correction to the level of 119.80. Next, we will consider the growth to the level of 121.00. Later, we will consider the new growth to the level of 121.70.
Gold
The precious metals markets are growing up under the influence of a slightly decrease US dollar, but their activity remains low. In Shanghai, the gold price is stable and the trading volumes are low.
The gold prices rose up to the level of $1,186 per ounce under the US dollar depreciation influence and the inactive trading.
Trading recommendations
Today the gold is trading upwards. We consider the wave continuation development with the main target of 1250.00. Structurally to implement such a wave we will consider the first structural growth development for the level testing of 1207.50.
Thank you for using the European broker Forex.ee Analytics! Have a profitable trade!
Our other services, as well as Forex.ee trading conditions you can find at our official website.
Hello, our forum dear visitors.
The European broker Forex.ee analytical department offers you the Analytics.
Euro
The US economy showed a significant positive trend in the last quarter of 2014 and it is likely to keep it in the first quarter of 2015, as now the consumer takes advantages of the labor market steady state and the low fuel prices.
The euro traders monitor the political instability in Greece. There is a risk of early parliamentary elections, if the Greek Prime Minister Antonis Samaras is not able to get support with a sufficient number of voters on December 29 for the choice of the President, Stavros Dimas.
Trading recommendations
Today the pair euro/dollar is trading at the upper consolidation range boundary. Next, we will consider the decrease continuation for the minimum update. Another decrease target is at the level of 1.2100. Then we expect the growth to the level of 1.2150. Later we will consider a new reduction for the level completion of 1.2050.
Pound
According to the official data from the National Statistics Office, the British workers have demonstrated production increase in the third quarter of this year. Moreover, the growth rate results turned out to be the highest for more than three years.
From the Bank of England statement, it became known that the interest rates increase is unlikely possible in the short term. The indicator points out to level of salaries that began to grow with an accelerated dynamics.
Trading recommendations
Today the pair pound and the US dollar are trading upwards. We consider the growth wave development to the level of 1.5600. Next, we expect a decrease to the level of 1.5520. Only after the such a pattern formation, we will evaluate the structure potential for the growth continuation in the future.
Yen
According to the Japanese yen, we expect the growth continuation to 121.80 only in case of the Japanese stock market growth continuation. Despite the intensive American stock indices growth, Japanese investors have taken profits more often for the last two weeks - before every more or less important event. New Year's Eve, of course, is an important event, so the decrease risk is essential to reach the level of 119.00.
Trading recommendations
Today the pair yen/dollar was trading in the correction to the level of 119.80. Next, we will consider the growth to the level of 121.00. Later, we will consider the new growth to the level of 121.70.
Gold
The precious metals markets are growing up under the influence of a slightly decrease US dollar, but their activity remains low. In Shanghai, the gold price is stable and the trading volumes are low.
The gold prices rose up to the level of $1,186 per ounce under the US dollar depreciation influence and the inactive trading.
Trading recommendations
Today the gold is trading upwards. We consider the wave continuation development with the main target of 1250.00. Structurally to implement such a wave we will consider the first structural growth development for the level testing of 1207.50.
Thank you for using the European broker Forex.ee Analytics! Have a profitable trade!
Our other services, as well as Forex.ee trading conditions you can find at our official website.