Antony_NPBFX Posted October 5, 2017 Author Report Share Posted October 5, 2017 WTI Crude Oil: general analysis 05.10.2017 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the WTI crude oil for a better understanding of the current market situation and more efficient trading. Current trend Since the beginning of the week the WTI crude oil price has been falling, and now the instrument is trading around key psychological level of 50$ per barrel. Yesterday the EIA Crude Oil Stocks change report was published, which reflected the decrease of the recourses by 6.023 million barrel. On the other hand, the recourses of Cushing, Oklahoma, which is the largest oil market influence center in the USA, grew from 60.9 to 62.5 million barrel. In addition, the oil production in the USA grew to 9.561 million barrel per day in a week, and the total volume of oil and petroleum products export grew by more than 1 million to the record level of 7.02 million barrel per day. Taking into consideration the restoration of the US oil production after the hurricanes, support of strong dollar and the growth of the OPEC oil production in the last month, the falling of the oil prices is most possible. Today the traders should pay attention to the speeches of Fed’s officials Jerome Powell, John Williams, Patrick Harker and Esther George. In addition, tomorrow Baker Hughes US Oil Rig Count data will be published. The possible growth of rig activity in the USA, caused by the significant growth of oil price in September, will make WTI crude oil price to fall further. Support and resistance On the daily chart the instrument is consolidating around the strong resistance level of 50.00. Bollinger Bands are reversing sideways, as the price range stays the same, reflecting the development of the current trend. MACD histogram is in the positive zone, keeping buy signal. Stochastic is in the oversold area, its lines are pointed downwards, the signal to enter the market hasn’t been formed. Resistance levels: 50.40, 50.00, 51.45, 52.80. Support levels: 50.00, 49.70, 49.35, 48.80, 48.50, 48.15. http://businesspr-finance.com/wp-content/uploads/2017/10/wti-12.png Trading tips Short positions can be opened at the level of 49.90 with the targets at 49.35, 49.00 and stop loss at 50.15. Implementation period: 1–2 days. Long positions can be opened at the level of 50.45 with the target at 51.40 and stop loss at 49.95. Implementation period: 1–3 days. 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 WTI crude oil and trade efficiently with NPBFX. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted October 9, 2017 Author Report Share Posted October 9, 2017 Have any questions on trading? Ask an analyst in the online chat on the NPBFX portal! http://businesspr-finance.com/wp-content/uploads/2017/10/chat-0610.png Good afternoon, dear forum visitors! NPBFX provides a unique service for users of its analytical portal: an online chat with an analyst. Let's take a closer look at this service and figure out what real help can it give to traders in different trading situations. Online chat allows traders to directly ask an analyst a question or get a detailed consultation. If you doubt a trading situation, don’t know how to use this or that instrument, you can always use the help of specialists in the online chat. The team of analysts on the NPBFX portal consists of independent experts in the field of financial markets with many years of experience working on Forex. So both a beginner trader and an experienced market player can get a reliable consultation. You can be sure that your question will be considered during a trading day, and you will receive a detailed answer. In the chat you can get a consultation concerning all the trading instruments presented on the portal - currency pairs, metals, commodities. There is an ability to attach photographs or graphics to your question for a better understanding of the situation. What are the most frequently asked questions in the online chat on the portal? - Is it worth buying/selling an instrument now? Example: Is it now buying time for NZD/USD? Analyst's answer: The pair NZD/USD is moving upwards pretty confidently. The closest resistance level is 0.6816, the breakthrough of which will allow the pair to reach levels of 0.6900 and even 0.7000. - What trends and movements can be expected from the instrument through the current events? Example: I want to know the effect of FED interest rates if it un changed the EURUSD will go up in the minutes of the rates come? Analyst's answer: The Federal Reserve is expected to keep interest rates unchanged. Thus, a growth in the EUR/USD pair is a likelier scenario. The Regulator will probably take a wait-and-see attitude, as some indicators of the US economy cannot be considered favorable. Market participants are waiting for the publication of the meeting results which can lead to an increase in market volatility. The Monetary Policy Statement may give information about prospects of monetary policy and chances of a rate increase in June. - How to practically use instruments-assistants on the portal, etc. Example: How to practically follow the information regarding the Pivot points? Analyst answer: Pivot point is the level at which one trend is replaced by another, that is, a reversal occurs. Calculator of Pivot points allows you to calculate the levels of the reversal for the major currency pairs and indices, as well as support and resistance. This instrument allows you to select the period for which the trend is being considered, and provides the Pivot points, resistance levels (R1, R2, R3) and support (S1, S2, S3). According to this information, you can create various trading strategies. For example, if the price reaches the Pivot point, then the trend is likely to have ended, you should close the positions on the trend. http://businesspr-finance.com/wp-content/uploads/2017/10/chat-0610-1.png You can find the "Chat" section by signing in the NPBFX analytical portal, which displays all the questions asked by traders earlier with the analyst's answers to them. Also, there is a separate section "My questions" and "Popular questions" for your convenience. An access to the NPBFX analytical portal and all its functions is free and unlimited after registration on the official broker's website. Ask questions and get competent, reasoned answers: personal help from the market experts is guaranteed on the NPBFX analytical portal. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted October 10, 2017 Author Report Share Posted October 10, 2017 USD/JPY: the pair is trading within the narrow range 10.10.2017 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 US dollar slightly grew against the Japanese yen as a result of trading on Monday, October 9, although “bearish” tendencies dominated through the day. This uncertain dynamics of trading was explained by holidays both in the USA and Japan. During the morning session on October 10 the pair is trading in the flat and investors wait for new market drivers. Yen receives moderate support from the statement of the head of the Bank of Japan Haruhiko Kuroda, as well as the release of the balance of external trades. In August the indicator dropped from 566.6 bln to 318.7 bln yen which was better than expected by analysts (264.9 bln yen). Support and resistance Bollinger Bands in D1 chart demonstrate flat dynamics. The price range remains fixed. MACD indicator is reducing preserving a moderate sell signal (the histogram is below the signal line). Stochastic demonstrates similar dynamics quickly dropping to its minimal values. Resistance levels: 112.81, 113.24, 113.55, 114.00. Support levels: 112.19, 111.64, 111.27, 111.00. http://businesspr-finance.com/wp-content/uploads/2017/10/3-1.jpg http://businesspr-finance.com/wp-content/uploads/2017/10/4-1.jpg Trading tips Long positions may be opened after breaking through the level of 113.24 with targets at 114.00, 114.30 and stop-loss 112.70. The period of implementation is 2-3 days. Breaking down levels 112.19, 112.00 may be a signal for the return to sales with target at 111.00 and stop-loss at 112.50, 112.60. The period of implementation is 2-3 days. Use more opportunities of the NPBFX analytical portal: economic calendar Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted October 12, 2017 Author Report Share Posted October 12, 2017 Trade or invest? Choose the best variant in NPBFX Good afternoon, dear forum visitors! The NPBFX Company offers a trader several ways to earn money on the financial markets. At first, it is a traditional understanding of trading – an independent trading on Forex, when you manage all the deals by yourself and dispose all profit. Secondly, it is investing through ZuluTrade and RoboX platforms. But what is better and more profitable for a trader? Or is it worth using two variants of earning with NPBFX? http://businesspr-finance.com/wp-content/uploads/2017/10/1100.png Independent Forex trading In the NPBFX Company there is a wide pool of popular instruments for independent comfortable trading available for a trader: choose from 38 currency pairs (EUR/USD, USD/JPY, GBP/USD, USD/CHF, etc.), CFDs for metals (gold and silver), crude oil (Brent and WTI), natural gas and make a profit on their prices fluctuation. Some specific features of independent trading: - Only your decisions. You completely regulate and control the situation on your account and make trading decisions by yourself, not depending on anyone. - Experience gained. Trading by yourself on Forex is a powerful engine that makes you develop in this field, giving an invaluable experience. - Individual choice of a strategy. You can choose any available instruments, any suitable trading strategy, work time based on your personal preferences. - 100% responsibility for the process and the result. Independent trading is only your big responsibility, but at the same time there can be an emotional tension that needs to be controlled by you. - "On the wave" with the market. A trader needs to constantly "keep abreast" of the events on the market, follow the news not to miss the profitable opportunities. Investing NPBFX offers its customers two innovative investment platforms - RoboX and ZuluTrade. The first, RoboX service allows to manage an investor's money in an automatic mode and make profit without additional efforts from the investor. ZuluTrade platform provides an opportunity to choose a real trader on the basis of smart efficiency algorithms and copy successful deals on your own trading account. Some specific investment features: - Start from scratch. You can start investing even with a minimal experience or lack of it - just copy successful deals or entrust trading to robots. - Self-learning by example. An ability to learn trading by observing deals that are made automatically. - There is no constant binding to the market. There is no need to be "in the market" every minute, keeping an eye on all news and events. - Limited control. At the same time, there are some restrictions on the full management of a trading account in a counterweight with an independent trading. A detailed comparison of independent trading and investing conditions can be found below in table 1. Table 1. Comparison of trading conditions for independent trading and investing in NPBFX http://businesspr-finance.com/wp-content/uploads/2017/10/777.png As you can see from the comparison, both variants of earnings on the financial markets are similar in many moments, but they have their own peculiarities. You can make a choice on the base of your goals, trading experience, initial deposit and other factors. Both independent trading and investing can be profitable and bring you a stable income regardless of whether you are a professional or a beginner on the Forex market. A trader in NPBFX can use two offers together - open an account for independent trading and separately for investing in ZuluTrade and/or RoboX. Such an approach is optimal from the point of view for diversifying risks, increasing the potential profit. You can start earning from several sources already today by registering trading and investment accounts in NPBFX. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted October 13, 2017 Author Report Share Posted October 13, 2017 NZD/USD: the pair is growing 13.10.2017 Good afternoon, dear forum visitors! NPBFX offers the latest release of analytics on the NZD/USD for a better understanding of the current market situation and more efficient trading. Current trend During the trading session on October, 13, New Zealand dollar is strongly growing against the US one, renewing its highs since October, 5. The instrument is supported by the weak positions of USD, which is waiting for the consumer inflation data publication at 14:30 (GMT+2). The more steady growth was prevented by the US Producer Price Index and Initial Jobless Claims data, published yesterday. The rapid growth of producer price let the investors hope that the consumer inflation will exceed the expectations in September. During the Asian trading session on October, 13, the poor China statistics, which reflected the strong fall of the balance surplus, affect the NZD positions. Support and resistance On the daily chart Bollinger Bands are slightly reversing into flat. The price range is narrowing rapidly, reflecting the change of the trend in the short term. At the moment the indicator doesn’t contradicts with the further growth of the pair, but reflects the strong resistance level around the middle line of the indicator. MACD is growing, keeping a strong buy signal (the histogram is above the signal line). It’s better to keep opened long positions and open new ones in the short or very short term. Stochastic’s dynamics is the same, it’s reaching its highs. Despite the almost vertical growth, short term “bulls” have enough potential to development in the nearest two trading sessions. Resistance levels: 0.7144, 0.7181, 0.7215, 0.7242. Support levels: 0.7100, 0.7053, 0.7035. http://businesspr-finance.com/wp-content/uploads/2017/10/3-2.jpg http://businesspr-finance.com/wp-content/uploads/2017/10/4-2.jpg Trading tips Long positions can be opened after the steady breakout of the current resistance level, such as 0.7144, with the targets at 0.7215–0.7242. Stop loss is 0.7100. Implementation period: 2 days. The rebound at the level of 0.7144 can be a signal to return into sales with the targets at 0.7053–0.7035. Stop loss is 0.7185. Implementation period: 2 days. Use more opportunities of the NPBFX analytical portal: аnalytics 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 NZD/USD and trade efficiently with NPBFX. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
Antony_NPBFX Posted October 16, 2017 Author Report Share Posted October 16, 2017 AUD/USD: the pair starts the week with a correction 16.10.2017 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 AUD is falling against the USD during the morning session on October 16, while on Friday the pair was growing after the release of data from the US on consumer inflation and retail sales. Recall that the consumer price index in September rose by 0.5% MoM, which was the most significant growth in the last 8 months, but did not meet expectations of analysts (0.6% MoM). In annual terms, the growth of the index was 2.2% against the growth of 1.9% in August and with the forecast of 2.3%. Retail sales in September increased by 1.6% MoM after a decrease of 0.1% MoM in August due to the effects of the hurricanes. Experts predicted an increase of 1.7% MoM. Today there are no interesting releases in the economic calendar, so the US dollar may win back the losses. Volatility on the market will increase on Tuesday after releases from US and Eurozone, as well as the minutes of the RBA meeting on interest rate. Support and resistance Bollinger Bands on the daily chart move sideways. The price range does not change. In the short term, a correction may be formed. The MACD indicator keeps the buy signal (the histogram is located above the signal line). Stochastic is approaching the maximum values, which indicates the formation of corrective dynamics in the near future. Resistance levels: 0.7900, 0.7937, 0.7978, 0.7994. Support levels: 0.7873, 0.7832, 0.7807, 0.7769. http://businesspr-finance.com/wp-content/uploads/2017/10/3-3.jpg http://businesspr-finance.com/wp-content/uploads/2017/10/4-3.jpg Trading tips To open long positions, you can rely on a breakout of the level of 0.7900. Take profit – 0.7950-0.7975 or 0.8000. Stop loss – 0.7850-0.7860. Term of realization: 2-3 days. The development of corrective dynamics at the beginning of the week with a breakdown of 0.7832 may become a signal for further sales with the target of 0.7731. Stop loss – 0.7873. Term of realization: 2-3 days. Use more opportunities of the NPBFX analytical portal: glossary Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself. 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. http://npbfx.com/ Quote Link to comment Share on other sites More sharing options...
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