Daily Market News & Analytics

US Stocks Keep On Rising

Last Friday, DJIA was closed on 17213.31 level. In other words, it had 1.3% of rise. On the other hand, S&P 500 rose to 1.6% or 2022.19. The closings of both indices were recorded to be on the highest level since last 2015. The rise of S&P 500 was pushed by the energy sector as it advanced to 2.2%. Not only by it alone, but it was also supported by the increase of oil price that reached the highest level of last three months...

Click here for full details http://brokerarena.com/news/us-stocks-keep-on-rising/

Investors Expecting Bank Of Japan’s Policy

What would BOJ do following the easing and negative interest rate policy earlier this year? BOJ might not implement any significant policy two months in a row. At the moment, witnessing the impact of the implemented policy has become a priority as investors being eager to see BOJ’s view on its own policy.

By now, Japanese Yen is being traded on 113.75 per USD. Market’s reaction is quite similar to what happened during the ECB’s interest rate cut. Without any new policy coming, does it mean that Japanese Yen is strengthening?

For full details, click here http://brokerarena.com/news/investors-expecting-bank-of-japans-policy/

GBPUSD Weekly Outlook

Earlier this week, GBPUSD was opened on 1.4379 level. On a daily basis, this particular pair is in an uptrend. The rise of GBPUSD started on February 28th 2016 where the GBPUSD was right on its lowest point on 1.3835 level. At the moment, this pair is strengthening to 1.4326. Will it keep getting stronger? What exact price could this pair actually reach?

For full details, click here http://brokerarena.com/news/analytics/gbpusd-weekly-outlook/

The Dovish Fed, Where Would US Dollars Go?

The Fed’s statement last night sounded like a dovish tone. The Fed is believed to be in need of further confirmation if an interest rate is about to hike. One of the The Fed’s considerations is the labor market as The Fed is still waiting for the strengthening of the labor market in order to state that US economy is in line with the recovery target. The other considerations are the inflation and the slow going growth of global economy. Will the inflation rate hit the target this year?

For full details. click here http://brokerarena.com/news/the-dovish-fed-where-would-us-dollars-go/

Education Alert :)

Trend Line, A Basic Analysis

The decision to buy or sell should go according to the ongoing trend most of the time. Why does it matter? Placing a buy order in a bearish trend would be dangerously risky as it would be more likely to hit the stop loss than when the trend is followed. How is the trend formed? There are several ways to form it.

For full details. click here http://brokerarena.com/education/trend-line-a-basic-analysis/

World Crude Oil Price, Next Rumor In April

Questions on when the world oil producers will held a meeting regarding oil problems are answered. The meeting of the Organization Petroleum Exporting Countries (OPEC) and other oil producing countries will take place on April 17 in Doha. However, the list of attending countries is yet to be announced.

For further details, click here http://brokerarena.com/news/world-crude-oil-price-next-rumor-in-april/

Education Alert :)

Chart Pattern Types: Part 1

As a continuance of the technical analysis learning, now we will learn about Chart Pattern. Beforehand, it is suggested that you learn the Trend Line and Support & Resistance topic because basically, Chart Pattern is formed by concepts of those prior topics. The nature of Chart Pattern is somewhat pretty similar to what has been discussed on those topics.

As mentioned above, Chart Pattern is a graphic pattern which is made of concepts of the Trend Line and Support & Resistance. This pattern is basically formed by the understanding of traders throughout the world in identifying and responding the happening situation and condition.

For full details, click here http://brokerarena.com/education/chart-pattern-types-part-1/

April Rate Increase Still In The Business, Dollar Climbs

US Dollars has soared for two consecutive days as The Fed officials hinted that the interest rate hike would take place as early as April, resulting a boosting of assets appeal denominated in the US currency. The officials post-meeting statement sounds to be reiterating Chair Janet Yellen statements that the rate would hike in April...

For full details, click here http://brokerarena.com/news/april-rate-increase-still-in-the-business-dollar-climbs/

Exchange Rates Are To Be Pushed Down Deeper By ECB & BOJ

The negative interest rates are used by the European Central Bank and Bank Of Japan in order to push down their currencies value deeper. However, there are certainly limits to the effectiveness of such rates. At the moment where rest of the world is not growing normally, pushing down the exchange rate has become essential. Nonetheless, The ECB and BOJ representatives argued that the aiming for weaker currencies with policies aimed at bolstering growth and inflation is not a deliberate matter...

For full details, click here http://brokerarena.com/news/exchange-rates-are-to-be-pushed-down-deeper-by-ecb-boj/