Recent content by NDUKA VIVIAN CHINWE

Hello all, Hope you made some pips yesterday? The pound is gaining grounds over the GreenBack in this early hours of trading, the momentum is quite strong but I see it coming short close to 1.5275 level. When it gets to 1.5270, take a SELL and take profit at 1.5170 for 100 pips. Happy...

Hello all, The FED Chairman Ben Bernanke said that the Federal Reserve is working to beef up oversight of financial companies to better protect the nation from another financial crisis in the future. For instance, the Fed is working to strengthen capital requirements for banks...

Hello all, Bank of England Governor Mervyn King said officials will probably raise interest rates before selling bonds when they decide to remove stimulus in the economy, which is still struggling to shake off the effects of the recession. The Monetary Policy Committee “will not...

Hello all, We will be focusing on Core CPI release today. As we know its one of the inflation indicators and a good reading will be positive for the economy and see the FED increase rate in the nearest future because the US economy depends mainly on consumer spending and CPI which...

Hello all, Retail sales statistics will be out in UK today, as we know this is very important because it helps determine the health of the Economy through consumer spending which accounts for the majority of overall economic activity. Higher Retail Sales shows that the Economy is...

Hello all, The USD/CAD bearish trend continued this week and presently the pair is in range. We will take little pips long or short to avoid being burnt during break which I think will not occur this week. Happy trading.:)

Hello all, The Greenback has been deppreciating against the Swissy since this week. The only thing that will make the bearish trend continue is if the outcome of SNB press conference is HAWKISH, . I will advise traders to enter on this one around 9.15am London time on a bullish trend if...

Hello all, The EURO has been appreciating over the GREENBACK since this week even after the poor sentiment in Germany. I see the EUR/USD on a bearish trend today but it is going to be limited to the 1.2180 level, a break below this level will see the EURO reaching the 1.2070 level this...

Hello all, We have seen the GPB/USD in bullish trend since the begining of this week, but that bullish trend will be cut short today as bearish pressure will start. I advise that you spot a very good sell entry and ride your way in pips.

Hello all, This is another week and we thank God for the gift of life. We pray that this week will become profitable too. The GPB/USD is on the uptrend and I see above level 1.4700 today, failure to do so will see a downward reversal towards levels 1.4450. Goodluck to all:)

Hello all, Today was another good day but it would have been better if both ECB and BOE increased shocked us by increasing their rates or ASSET PURCHASE FACILITY. Tomorrow we will be looking at Manufacturing Production in England and Manufacturing makes up around 80% of total...

Hello all, The BOE and ECB decided to keep interest rates at record lows as expected thereby making making little impact in the market. The BOE also decided to leave its ASSET PURCHASE FACILITY at 200B and during the ECB press conference its President (Jean-Claude Trichet) said interest...

Hello all, We will be focusing on the BOE and ECB rate decisions today. We expect both central banks to keep their rates at 0.50% and 1.00% respectively but any hike in these rates which we don't anticipate will see the market moving with great momentum. Incase BOE surprises all and...

Hello all, Buy GBP/USD at 1.4530 and place your take profit at 1.4610. :)

Hello, Watch USD/JPY when it gets to 91.85 take a SELL with TAKE PROFIT at 91.10. All the best :)