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[Antony_NPBFX]

USD/JPY: wave analysis 18.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the USD/JPY for a better understanding of the current market situation and more efficient trading.

Current trend

The trend is upward.

On the 4-hour chart the wave C of the higher level, within which the formation of the wave 3 of C has begun, is developing. At the moment the first wave of the lower level i of 3 has formed, and the downward correction ii of 3 has ended. If the assumption is correct, the pair will grow to the levels of 114.50–114.95. The level of 112.00 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 112.00 with the targets at 114.50–114.95.

Alternative scenario

The breakdown and the consolidation of the price below the level of 112.00 will let the pair go down to the level of 110.84.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/JPY and trade efficiently with NPBFX.

 

[Antony_NPBFX]

AUD/USD: the pair is trading in the flat 20.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

Australian dollar showed moderate growth against US dollar during yesterday’s trading but then moved back to the opening level in view of the release of optimistic macroeconomic data from the USA.

According to the US Department of Trade, the number of new houses in November grew by 3.3% against the outlook of reduction by 3.7%. In October growth made up 13.7%. The number of issued construction permits in November reduced by 1.4% which was much better than expected by analysts (-4.9%). The total volume of started housing constructions in November grew to 1.297 mln units which is the biggest value since October 2016.

During today’s morning session the pair is still showing mixed dynamics of trades. Investors are waiting for the occurrence of new market drivers, but on Wednesday the macroeconomic calendar is relatively empty, therefore no considerable growth of activity is expected.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is widening from above. MACD indicator is growing preserving a weak buy signal (the histogram is above the signal line). Stochastic has reversed downwards.

Resistance levels: 0.7678, 0.7693, 0.7728.

Support levels: 0.7652, 0.7636, 0.7625, 0.7606.

Trading tips

Long positions may be opened after the movement of the instrument from the level of 0.7636 with targets at 0.7693, 0.7700 and stop-loss at 0.7600. The period of implementation is 2 days.

Breaking down the levels of 0.7636, 0.7625 may be a signal for further sales with targets at 0.7586, 0.7566 and stop-loss at 0.7652, 0.7665. The period of implementation is 2-3 days.

Use more opportunities of the NPBFX analytical portal: e-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

The schedule of service during the Christmas and New Year holidays from 22.12.2017 to 01.01.2018

Dear Clients! NPBFX Company notifies about changes in the trading schedule during the Christmas and New Year holidays from 22.12.2017 to 01.01.2018.

December 22 2017 (Friday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): trading till 20:00 GMT

December 24 2017 (Sunday):

• FOREX (currency): break in trade
• XAUUSD, XAGUSD (gold and silver): break in trade
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade

December 25 2017 (Monday):

• FOREX (currency): break in trade 00:00-22:00 GMT
• XAUUSD, XAGUSD (gold and silver): break in trade 00:00-23:00 GMT
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade 00:00-23:00 GMT

from December 26 2017 (Tuesday) till December 28 2017 (Thursday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): without changes

December 29 2017 (Friday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): trading till 20:00 GMT

December 31 2017 (Sunday):

• FOREX (currency): break in trade
• XAUUSD, XAGUSD (gold and silver): break in trade
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade

January 01 2018 (Monday):

• FOREX (currency): break in trade 00:00-23:00 GMT
• XAUUSD, XAGUSD (gold and silver): break in trade 00:00-23:00 GMT
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade 00:00-23:00 GMT

Please consider this information when making trading decisions.

 

[Antony_NPBFX]

EUR/USD: wave analysis 26.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The pair can fall.

On the 4-hour chart the downward correction is forming as a wave (2) of the higher level, within which the wave C of (2) is developing. At the moment the local correction has ended as a second wave of the lower level ii of C. If the assumption is correct, the pair will fall to the levels of 1.1735–1.1650. The level of 1.1901 is critical for this scenario.

Main scenario

Short positions will become relevant below the level of 1.1901 with the targets at 1.1735–1.1650.

Alternative scenario

The breakout and the consolidation of the price above the level of 1.1901 will let the pair grow to the level of 1.1970.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities

How can a trader determine if it’s worth buying or selling EUR/USD now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

AUD/USD: wave analysis 28.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the AUD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The pair can grow.

On the 4-hour chart the upward correction is developing as a second wave 2 of (5) of the higher level. Locally the wave c of 2, within which the momentum is developing, is forming. If the assumption is correct, the pair will grow to the level of 0.7813. The level of 0.7762 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 0.7762 with the target at 0.7813.

Alternative scenario

The breakdown and the consolidation of the price below the level of 0.7762 will let the pair go down to the level of 0.7714.

Use more opportunities of the NPBFX analytical portal: weekly FOREX forecast

You can learn more about the current situation on AUD/USD and get acquainted with the weekly analytical forecast in the "Video reviews" section on the NPBFX portal. Also weekly video reviews contain trends, key levels, trading recommendations for such popular instruments as EUR/USD, GBP/USD, USD/JPY, Gold. In order to get free and unlimited access to video forecast and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

EUR/USD: general review 02.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The EUR/USD pair continues to grow against the background of the weakened dollar. Fixing profits on long dollar positions, as well as weak macroeconomic statistics of recent days from the US continue to put pressure on the USD. So, the EUR/USD rate increased by 0.69% per day to the level of 1.2023.

Today market participants will pay attention to the publication of Markit Manufacturing PMI in the euro area (11:00 GMT+2), as well as Markit Manufacturing PMI in the US (16:45 GMT+2). In the Eurozone, the indicator is expected to remain unchanged at the level of 60.6 points in December. In the US, the index is expected to grow to 56.1 points in December from 55.0 points a month earlier.

Support and resistance

From the technical point of view, the potential of the upward movement remains. Bollinger Bands are pointing upwards. The volumes of MACD histogram are actively growing in the positive zone, forming a signal for purchase. Breaking through the level of 1.2023 (Murrey [5/8]) and consolidation above will be the indication for the continuation of growth. If it cannot gain a foothold above the level of 1.2023, then we should expect a corrective downward movement to the area of 1.1962 (Murrey [4/8]).

Support levels: 1.9629, 1.1901, 1.1840.

Resistance levels: 1.2023, 1.2085, 1.2146.

Trading tips

Buy positions may be opened above the level of 1.2023 with target at 1.2090 and stop-loss at 1.2005 mark.

Sell positions may be opened below the level of 1.1962 with target at 1.1900 and stop-loss at 1.1980 mark.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

NPBFX in an interview to China Forex Expo: market trends, results and development plans

Good afternoon, dear forum visitors!

In the beginning of December our company NPBFX took part in the international exhibition China Forex Expo 2017. The exhibition is being successfully held already for the 6th time and gather the world's largest brokers, financial companies, interested traders and investors in its arena. NPBFX was invited to visit China to be awarded in the nomination "Best Execution Broker 2017" for the best quality and speed of execution.

The company’s representative in Asia was Alla Zvereva, the NPBFX regional director. Within the exhibition she gave an interview sharing the opinion about current and future trends in the market, differences of NPBFX from competitors, development plans for the future.

- Tell about the differences between NPBFX and your competitors.

The main feature that makes us different from competitors is our experience and expertise on the market for more than 20 years. We are a mature company, we really know what the market needs, and we give it to our clients. The TOP-3 our priorities are: super-fast execution, developed payment solutions, high level of customer support.

- How do you see the current situation of the market? Are there any opportunities for new companies to enter the market?

Over the last years the industry is growing in a giant progression, and the competition is becoming stronger and stronger. New trends are replaced by others and Forex itself is becoming more accessible. Today almost everyone can start trading and make a profit, even having a minimum deposit. As for the market in Asia, here Forex is still booming. However, the problem is a small awareness of the rural population of the opportunities the market can give, even for those traders who have already entered the market.

- What are the challenges that broker companies on the Chinese market can face?

The Chinese government is making the access of local traders to foreign companies extremely difficult. So it is also more difficult for international companies to access local Chinese traders. However, there are a lot of traders in China who are interested in the better services, better conditions and better products, that only international companies can provide.

Another thing in localization: many companies coming to China use Western approaches but here it does not work, clients want to see the broker more "Chinese", close to traditions and internal understanding of work.

One more issue is the opening of new companies in China that use fraudulent schemes. This greatly undermines the trust of clients to honest and reliable companies.

- Share the plans of NPBFX for the next year.

In conditions of a rapidly changing market only companies that are ready to adapt to changes, adjust their strategy will be able to succeed in the future. Therefore, our key goal is to actively further develop our products and services, to be in line with the high demand of clients.

Another direction is to strengthen our brand on the new Asian market for us. We are going to focus on training workshops, seminars as experts to improve the level of our clients' awareness of Forex and their trading results.

And not less important is that we are usually working on improving and developing our payment systems, providing fast and safe payment solutions to all categories of traders.

2018 in NPBFX is going to be interesting and full of innovations on both the Chinese and Russian markets in general. We managed to achieve a lot in the passing year, and the pleasant award in the prestigious "Best Execution Broker 2017" nomination became a good summary. We believe that in the new year together with our clients we will be able to rise even higher in the quality of the services provided.

 

[Antony_NPBFX]

USD/JPY: wave analysis 05.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the USD/JPY for a better understanding of the current market situation and more efficient trading.

Current trend

The correction has ended; the growth of the pair is expected.

On the 4-hour chart the wave (C) of the higher level, within which the formation of the wave 3 of C has begun, is developing. At the moment the downward correction of the lower level has ended as a wave ii of 3, and the formation of the wave iii of 3 has begun. If the assumption is correct, the pair will grow to the levels of 113.72–114.73. The level of 112.03 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 112.03 with the targets at 113.72–114.73.

Alternative scenario

The breakdown and the consolidation of the price below the level of 112.03 will let the pair go down to the level of 110.87.

Use more opportunities of the NPBFX analytical portal: e-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/JPY and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CAD: general analysis 08.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the USD/CAD for a better understanding of the current market situation and more efficient trading.

Current trend

The USD/CAD pair has been falling for the fourth week in a row.

Last Friday the instrument lost around 80 points after the negative US employment market publications: in December Nonfarm Payroll indicator reached 148K, which was worse than expected by 42K. US Labor Force Participation Rate stayed on the same level of 62.7%, while experts suggested the growth by 0.1%. Meanwhile, Canadian employment market data exceeded the forecasts, and the Unemployment rate unexpectedly decreased by 0.2%.

Concerning long-term growth of Canadian economy and strengthening of oil, the fall of the pair to the area of 1.2300–1.2270 is expected.

Today Bank of Canada Business Outlook Survey release is expected at 17:30 (GMT+2). Concerning the growth of consumer confidence and Canadian economy’s success in 2017, the publication will make the pair fall further. Also, US Consumer Credit Change release is worth traders’ attention today at 22:00 (GMT+2).

Support and resistance

On the 4-hour chart, the correction of the downward movement is seen. Key support level is 1.2355, the breakdown of which will give a strong sell signal.

Bollinger Bands are pointed downwards. The price range has significantly widened, which confirms the development of the downward trend. MACD histogram is in the negative zone, keeping strong sell signal. Stochastic is in the correction near the border of the overbought area and do not give a clear signal.

Resistance levels: 1.2435, 1.2460, 1.2490, 1.2555, 1.2595, 1.2660, 1.2705.

Support levels: 1.2265, 1.2320, 1.2355, 1.2375, 1.2400.

Trading tips

Short positions can be opened at the current level with the targets at 1.2315, 1.2300 and stop loss at 1.2435. Implementation period: 1 –2 days.

Long positions can be opened at the level of 1.2450 with the targets at 1.2500, 1.2530 and stop loss 1.2425. Implementation period: 1 –2 days.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

XAU/USD: gold is getting cheaper 10.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the XAU/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The prices for gold noticeably decreased following the results of trades on January 9, having retreated under pressure of growth of optimistic moods concerning the USD.

In particular, investors are still counting on further growth of the Fed's interest rate, starting at the March meeting of the regulator. In addition, traders count on the positive effect of the tax reform, approved by the US Congress in December.

Additional pressure on gold was provided by trading in stock markets, where there was a recovery in activity after the long holidays, as well as political instability in Europe. Among other things, investors are alarmed by the difficulties in forming the government in Germany, the upcoming elections in Italy and the rather difficult process of Brexit.

Support and resistance

The Bollinger Bands in D1 chart show moderate growth. The price range is actively narrowing, reflecting the emergence of corrective dynamics in recent days. It should be considered the possibility of sales within the channel trading strategy with the nearest levels of take-profit in the middle of the indicator line.

MACD is going down having formed a sell signal (being located under the signal line). There is an opportunity for planning sales in the short term.

Stochastic shows a similar dynamics, confidently declining at the trading on Tuesday. One should follow the scenarios with the further development of the "bearish" dynamics.

Resistance levels: 1315.65, 1325.59, 1334.32.

Support levels: 1305.65, 1300.00, 1292.00, 1283.77.

Trading tips

Long positions should be opened if the price moves away from the level of 1305.65, as from support, followed by the breakout of 1315.65 mark. Take-profit at 1334.32. Stop-loss – 1305.65. Implementation time: 2-3 days.

A confident breakdown of the level of 1305.65 or 1300.00 may be a signal to further sales with targets at 1283.77 or 1276.87 marks. Stop-loss – 1315.65. Implementation time: 2-3 days.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities

How can a trader determine if it’s worth buying or selling Gold now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on XAU/USD and trade efficiently with NPBFX.