Currencies Outlook

[Liquid Markets]

EUR/USD – 1 Hr Chart

A like ‘M’ pattern was thought to be forming as of yesterday as the
correction failed to happen at the C level but carried on upwards instead
following the 1 Hr chart. Prices was supposed to have reached the C point
as of yesterday itself at approximately 1.3053 to 1.3059 and then start moving
downwards. Then didn’t happen. Overall the Euro is still believed to be
in Bullish territory. For longer term traders, the 5-0 Bearish pattern seemed
to still be intact.


Read more: http://www.lqdmarkets.com/blog/currencies-outlook-10th-april-2013/

[Liquid Markets]

Gold Forecast

For a Friday, markets are
hinting towards the dollar and yen’s downward movement while
more investors are betting on the upside move for the Euro, Aussie
and Kiwi. What could
have been the catalyst for the Comm dolls (Aussie & kiwi) moving
upwards? The answer to that is – China’s strong data coming from its
government indicating initiatives in the financial sector proven by the
increased amount of lending or loans. Isn’t it bizarre how local
Australian data such as its labor market report in march didn’t influence it as
much as the Chinese data.

Read More: http://www.lqdmarkets.com/blog/gold-forecast-12th-april/

[Liquid Markets]

EUR/USD Forecast

Despite some high-impact
data due to be released today, the deadly Boston Marathon blasts has
contributed to the decline of the Asian markets together with Japan’s stock
indexes falling (approx.2% drop) as did the whole lot including
Aussie’s , Oil and Gold prices .This would mean that investors would be more
risk averse and be worth for us as traders giving a lookout for less risky
currencies seen as safe heavens like the USD, JPY and CHF. Saying
that, is this the reason for the short term fall for the euro as in both
the 15 min and 1Hr charts below?

http://www.lqdmarkets.com/blog/eurusd-forecast-16th-april-2013/

[Liquid Markets]

EUR/USD
Forecast

The
German ZEW report released yesterday missed expectations by 3.2 basis
points (a lower expectation), which contributed to the euro falling right
after the announcement to levels forecasted following the bearish ‘W’ pattern.
As for the euro zone’s CPI for March figures settled at 1.2% MM poses a neutral
sentiment with no break above or lower to these levels. For a bigger picture on
what is in store for the euro zone, it’s best to see what we concluded from
Draghi’s speech based on the following mentioned topics:

1) Updates in Areas of Economic and
Monetary Policy –
Generic Outlook/ Current Status

Initially, Draghi sounded like a broken record during his speech
where he talked about the start of the euro’s recession in 2012, contributing
to its unprecedented unemployment levels especially amongst young people. The
key point for traders to consider is that gradual recovery is expected
but Downside Risks governs. In summary, bearish sentiments are expected
and we need to see governments efforts working in synergy with the banks as
opposed to just a name and blame game.

Read More: http://www.lqdmarkets.com/blog/eurusd-forecast-17th-april-2013/

[Liquid Markets]

Yesterday, most traders
were hoping for a single answer as to why Euro plunged but that one question
may have multiple answers. As mentioned in my previous analysis, comments
made by Draghi unfolded bearish sentiments while members of the European
Monetary Board (EMU) didn’t sound like they would long the Euro if they were to
trade it. Following more news and comments later that evening, German Central
Bank’s Jean Weidmann contributed to the further fall of the Euro after hinting
the possibility of a ‘rate change’ by the ECB.

Read More: http://www.lqdmarkets.com/blog/currencies-outlook-18th-april-2013/

[Liquid Markets]

EUR/JPY Forecast

Friday again, that’s right
and whilst wrapping the market for the week, we are still wondering whether
volatility for various instruments would provide the persistence in momentum
either towards trend continuation or trend reversals. As for today’s
Economic data, we are awaiting Bank Of Canada’s (BOC) Consumer Price Index due
later on today. However, it would be wise for us to monitor how stocks
and the equities markets are performing. Saying that, the S & P 500
which is giving more hints in its’ breakout downwards concluding a Risk
Aversion move.

Read More: http://www.lqdmarkets.com/blog/eurjpy-forecast-19th-april-2013/

[Liquid Markets]

EUR/JPY Forecast

Today, despite being two
days prior to the close of the trading week, speculations surrounding the
possibility of the European rate cut continues to intensify. Similarly, fear of
a double recession is supposedly no laughing matter for the UK as it waits for
the GDP figures due out later on this afternoon. What a concoction of emotions
and with it being a Thursday, does spice up situations even more as traders
with open positions would wonder whether their TP level would see to some
returns while those itching to trade would feel equally as guilty, despite
whatever their decisions were.

Read more: http://www.lqdmarkets.com/blog/eurjpy-forecast-25th-april-2013/

[Liquid Markets]

EUR/JPY Forecast

As we look back at last
week’s US economic data, results were overwhelmingly short of expectations.
Would the overall bearish sentiment for both the US dollar and the various
correlated instruments carry through next week? The implications onto the
market from previous as well as upcoming data would most probably show a
clearer picture after next week’s Core Consumption Expenditures data. As for
the euro zone, Germany is waiting for its’ Consumer Price Index (CPI) figures
which would add to the weight of either continuing existing trends
or becoming a catalyst to the change of direction.

Read More: http://www.lqdmarkets.com/blog/eurjpy-forecast-26th-april-2013/

[Liquid Markets]

Gold Forecast

Let us begin this week with
gold’s movement in the market and match it with its recent performances from a
technical or chart patterns point of view. Gold, after its 26 month low,
rallied last week driven by retail shoppers in India and China who were shopping
for physical gold and jewellery.

Read More: http://www.lqdmarkets.com/blog/gold-forecast-29th-april-2013/

[nathanielzane2]

When we talk about a Canadian dollar parity forecast in this article, we are referring to parity between the Canadian currency and the US dollar.

[Liquid Markets]

Midday Currency

In Asia, activities
concerning the major currencies seemed to be on a halt or on a sideways
backburner for now. Hence, it would be wise to explore the other continents
particularly the euro zone for possible trading opportunities. Yesterday, we
witnessed the euro’s rally against the dollar which was backed up by some
fundamental drivers starting with some “positive” developments following the
formation of Italy’s government.

Get the full analysis here: http://www.lqdmarkets.com/blog/midday-currency-outlook-30th-april-2013/

[Liquid Markets]

USD/CHF Forecast

Most talks this week would
be whether the US Dollar rally would persist and what are the ideal take profit
and stop loss levels if one is to still ride along the uptrend. Some
traders however, are parking their sell target by entering at the correction
phase of the Dollar’s existing trend. The current economic situation of the US
should be closely connected to what is happening in Japan where the rate cuts
has been implemented and the so called ‘Abenomics’ method of running the
country is causing quite a stir in various countries as for other currencies.
It looks like Japan could be tempted to copy what the US has implemented
instead which to have its manufacturing industry is benefited from its exports
due to the lower dollar. Is this what maybe happening in Japan?

Read More: http://www.lqdmarkets.com/blog/usdchf-forecast-13th-june-2013/

[Liquid Markets]

Currencies Outlook

The markets seemed to be
triggering more impulsive moves for various currency pairs since the beginning
of the week with most fingers pointing to Japan. Today’s news headlines read
“Markets could be on a verge of a blowup, thanks to Japan”. For FX traders,
what would you think the sentiments are in the markets at present following
that statement? I would say, chaos flooded with an increased amount of uncertainties
would describe the present market conditions. Despite the Bank of Japan’s
previous move of flooding the markets with printed money and the given impact
on the market today, the Governor of the Bank of Japan, Haruhiko Kuroda, made a
statement saying that the rising stock prices does not present a bubble at the
moment.

Full technical analysis
here: http://www.lqdmarkets.com/blog/category/technical-analysis/

[Liquid Markets]

MARKET ANALYSIS -
Intraday Analysis

GBP/USD: If we take

a look in the short term time frame, the price is heading close to the
downtrend trend line for a retest at 1.5131 (R1). Technically, a close above
1.5171 (R2) would be a very bullish development for the...

http://technicalanalysis.lqdmarkets.com/technical-analysis-28-05-2013/

[Liquid Markets]

EUR/USD



Summary

Target Level

1.3731

Target Period

6 days

Stop Level

1.31045

Analysis

Ascending Triangle has broken through the
resistance line at 18-Sep-23:00 GMT+1. Possible bullish price movement forecast
for the next 6 days towards 1.373.



Supporting Indicators

Upward sloping Moving Average



Resistance Levels

Support Levels

(A)

1.31045

Last support turning point of
Ascending Triangle.

View more pairs here: http://technicalanalysis.lqdmarkets.com/

[alexM]

After breaking the pound strong resistance at 1.5500 and the subsequent passage of virtually all nearby levels, we can talk about the beginning of a global trend pivot and began a period of revaluation

[Umama Rana]

As a newcomer, I have to depend on EURUSD trading currency. Because, I am able to predict its foregone conclusion with certainly, because of its slow motion. On the other hand, I trade lots of currency in my demo trading with MXTrade for increasing my trading performance. Here, I am also able to trade spot metal and CFDs. Therefore, I am getting very narrowest trading spread for trading all currency pair.