Thread: Forex News from InstaForex
-
07-04-16, 05:47 #661Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Nikkei Trades in Narrow Range , Good to Buy at Dips
Major Support - 15500
Major resistance - 16300
The index has made a low of 15533 and recovered till from that level. It is currently trading around 15857.Intra day trend is slightly bullish as long as support 15500 holds .
Any break below 15500 confirms minor weakness and decline till 15000/14750 is possible in short term.On the higher side minor resistance is around 15910 and break above targets 16300/16450.
The index short term resistance is around 16450 and break above targets 16800/17000/17300.
Short term bearish invalidation only above 17300.
It is good to buy at dips around 15700 with SL around 15500 for the TP of 16000/16300
News are provided by InstaForex
-
07-04-16, 07:16 #662Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
McDonald's Chairman Andrew McKenna to retire
Chairman Andrew McKenna of fast food chain McDonald's has decided not to join a re-election as a member of the board, the company said. McDonald's said it had named McKenna as Chairman Emeritus following his retirement and would elect a new independent chairman following the election of directors by shareholders at its annual meeting on May 26. McKenna had been part of the company since 1991.
News are provided by InstaForex
-
08-04-16, 03:24 #663Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Usd/sgd Flat in Ny Trading, ahead of 1.3550
USD/SGD found solid resistance overnight, closes in NY at 1.3527
Pair rose 0.4% on Thursday
MAS policy review meeting to be held on Apr 14, no easing forecasted.
News are provided by InstaForex
-
08-04-16, 07:39 #664Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Japan current account surplus rallies to 11-month peak
Japan's current account surplus recuperated in February, touching its highest in nearly a year, as profits from investments and loans almost doubled. Official figures showed the current account was at ¥2.434 trillion ($2.24 billion) from ¥520.8 billion ($80.39 billion) in January. Exports were at ¥5.643 trillion month-on-month, up 5.3%. Imports were at ¥5.218 trillion, down 9.5%. The surplus expanded to ¥1.733 trillion in February, the highest since March 2015. Trade balance recouped to ¥425.2 billion surplus.
News are provided by InstaForex
-
11-04-16, 06:20 #665Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Fxwirepro: Japanese Yen Strengthens on the Back of Higher Than expected Core Machinery Orders
USD/JPY is currently trading around 107.98 marks.
It made intraday high at 108.32 and low at 107.87 levels. Today Japan released core machinery orders data with positive numbers.
Private sector machinery orders excluding ships and utility items fell a seasonally-adjusted 9.2% month-on-month in February, according to data released by Japan's Cabinet Office on Monday, after surging 15% in January. Analysts expected 11.9% decline in machinery orders in February.
A daily close below 107.68 will take the parity down towards 107.43, 107.09 and 105.72 levels.
On the top side, initial resistance levels are seen at 108.05, 109.68, 111.23, and 112.60 marks.
News are provided by InstaForex
-
12-04-16, 06:43 #666Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Obama, Yellen evaluate outlook for economic growth
The White House said US President Barack Obama and Federal Reserve Chair Janet Yellen talked over views on US economic growth amidst improvement. White House spokesperson Josh Earnest mentioned the two leaders looked into the overall condition of the jobs market. Obama and Yellen, who met in the Oval Office, evaluated the measures espoused on during the former's term aimed at boosting the industry and safeguarding consumers. Earnest added both are concentrated on searching better opportunities for America's middle class people.
News are provided by InstaForex
-
14-04-16, 05:36 #667Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Usd/idr to Open Higher Around 13160
Pair eyeing to test 13200 on NDFs rally
1 month NDFs traded 13190-13230 range overnight
News are provided by InstaForex
-
14-04-16, 06:26 #668Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Saudi oil minister downplays prospect of oil output reduction
Saudi Arabia Oil Minister Ali al-Naimi, during a significant meeting in Doha, Qatar, dwindled hopes for the likelihood of oil producers capping their output. When asked about the matter, al-Naimi simply said people should forget this matter. Investors have previously awaited al-Naimi to discuss an output cap, which might be the first step to attaining a collective slash in reducing oil output.
News are provided by InstaForex
-
15-04-16, 03:46 #669Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Usd/cad Tech Neutral in Asia Trading, Wti down 0.1%
Neutral momentum studies, 5, 10 & 20 daily & weekly MAs trend lower NY 1.2782 low & London 1.2897 high initial support/resistance
News are provided by InstaForex
-
19-04-16, 04:18 #670Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Usd/jpy Bounce to 109.16 from Yesterday Low 107.75
USD1.1 bln option expiries 110.00 today, USD 1.847 bln tomorrow
Crude oil bounce post-Doha
News are provided by InstaForex
-
20-04-16, 04:30 #671Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Fxwirepro: Japanese Yen Gains in Early Asia on Kuroda’s Comments
USD/JPY is currently trading around 109.11 marks. It made intraday high at 109.31 and low at 109.04 levels. Japan's trade surplus expanded from ¥242.8 billion in February to ¥775.0 billion last month, the highest since February 2011 but lower than the market forecast of a ¥834.6 billion surplus. In addition BOJ Kuroda said that, “He will scrutinise risks to economy, prices and won't hesitate taking more easing steps if needed to hit price target.” He added, “BOJ added negative rate policy to QQE to achieve inflation target at earliest date possible.” Intraday bias remains bearish till the time pair holds key resistance at 109.48 marks. A daily close below key support 108.68 will take the parity down towards 108.18, 107.43 and 105.72 levels. On the other side, a sustained break above 109.48 will take the parity towards 111.30/112.60 levels. On the top side, initial resistance levels are seen at 109.68, 111.30, and 112.60 marks respectively.
News are provided by InstaForex
-
20-04-16, 07:44 #672Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Japanese exports slide for six consecutive months as yen surges
Japan's exports declined for sixth straight months last month, attributing it to disappointing demand for electronic parts, sluggish Chinese economic growth, and firmer yen. The Ministry of Finance said exports skidded 6.8% in March from 4.0% slide in February. Year-over-year, exports to the United States slid 5.1%, to Asia 9.7%, and China 7.1%. But exports to the European Union rose 12.1%, its highest since February 2011. The US dollar has erased about 10% versus the yen on speculations the Federal Reserve would slowly raise interest rates, prodding cautions from BOJ policymakers against investors on gliding the currency too swiftly.
News are provided by InstaForex
-
21-04-16, 04:50 #673Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Usd/cnh Closes up 0.2& 6.4824 in Ny
Pair trade 6.4695-6.4824 offshore SHCOMP index down 2.3% on risk aversion, led by small caps drop
News are provided by InstaForex
-
21-04-16, 07:13 #674Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
China halts new registration of finance institutions - Caixin
China stopped the registration of new finance companies as authorities have begun restraining online finance, according to Caixin. Citing sources privy to the matter, entities with finance-related names can no longer register with the State Administration for Industry & Commerce. Instead, companies will first have to secure approvals from Chinese regulators. Clearing the Internet finance, which commenced on April 14 and will end by January 2016, seeks to eradicate fraudulent acts by some peer-to-peer lenders that endanger financial soundness nationwide. Caixin said the Chinese government will recall licenses for current finance companies that fail inspections during the process.
News are provided by InstaForex
-
22-04-16, 05:43 #675Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Fxwirepro: Usd/jpy Breaks Key Support at 109.48, Japan’s Flash Manufacturing Pmi Data Eye
USD/JPY is currently trading around 109.38 marks.
It made intraday high at 109.49 and low at 109.27 levels.
Intraday bias remains neutral till the time pair holds key support at 109.48 marks.
A daily close below key support 109.48 will take the parity down towards 108.68, 107.86 and 105.72 levels.
On the other side, a sustained close above 109.89 will take the parity up towards 111.30/112.60 levels.
On the top side, initial resistance levels are seen at 109.88, 111.30, and 112.60 marks respectively.
Japan will release flash manufacturing PMI data at 0200 GMT. Market anticipates reading around 49.6 m/m vs 49.1 m/m previous release.
News are provided by InstaForex
-
22-04-16, 07:04 #676Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Japan manufacturing hits lowest since 2013 on recent quakes
Japan's manufacturing sector tumbled the most since 2013 due to recent earthquakes that struck the country, based on official figures. Earlier this month, two major quakes hit Kyushu island, disrupting activity throughout the area. Exporters are also contending with a stronger Japanese yen. Markit reported the manufacturing purchasing managers index declined to 48 in April from 49.1 in March, the lowest since January 2013.
News are provided by InstaForex
-
25-04-16, 06:53 #677Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Fxwirepro: Japanese Yen Recovers from 3 –week Low in Early Asia, Fomc and Boj in Focus for the Week
USD/JPY is currently trading around 111.35 marks.
It made intraday high at 111.88 and low at 111.25 levels. Intraday bias remains bearish till the time pair holds key resistance at 111.88 marks.
A sustained close above 112 will take the parity higher towards 112.60 and 113.42 levels.
Alternatively, a daily close below 109.89 will drag the parity down towards key supports at 109.48 and 107.87 levels respectively.
This week will be important as U.S. and Japan both will release monetary policy statements.
News are provided by InstaForex
-
25-04-16, 07:24 #678Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Mitsubishi Motors keeps sustaining losses following rigged pollution data
Mitsubishi Motors Corp. shares continued suffering losses Monday as the automaker previously admitted manipulating fuel efficiency tests. Shares slid by around 2.6% following it sustained two-digit declines in the previous week. The Japanese automaker is scheduled to report annual results Wednesday despite reports it will postpone its release.
News are provided by InstaForex
-
28-04-16, 05:06 #679Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Fxwirepro: Kiwi Rises Sharply Against Major Peers As Rbnz Stands Pat
AUD/NZD is trading around 1.0987 marks.
Pair made intraday high at 1.1064 and low at 1.0948 marks.
Today RBNZ left interest rates on hold after cutting the OCR to a record-low 2.25% just last month.
Intraday bias remains bearish till the time pair holds immediate resistance at 1.1062 marks.
A daily close below 1.1062 will take the parity down towards 1.0934 and 1.0890 marks respectively.
On the other side, a sustained close above 1.1062 will drag the parity higher towards 1.1123/1.1298/1.1317/1.1352/1.1590 levels.
We prefer to take short position in AUD/NZD around 1.1025, stop loss 1.1062 and target 1.0890 marks.
News are provided by InstaForex
-
29-04-16, 06:30 #680Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Comcast Buys DreamWorks for $3.8 Billion, Aims to Dethrone Disney
Comcast Corporation's latest acquisition will surely give Walt Disney a run for its money. Comcast's entertainment division NBCUniversal inked a deal to purchase DreamWorks Animation Inc. for $3.8 billion. Comcast is the creator of hit movie Despicable Me and the Minions, while DreamWorks' roster include Shrek, Kung Fu Panda, Madagascar, and Casper the Friendly Ghost. Once the transaction is finalized, DreamWorks' beloved characters are expected to appear at Comcast's Universal Studios theme park. The Walt Disney Company is now facing tougher competition with Comcast's purchase. This also indicates that Comcast, the US' largest cable distributor, is adapting to consumers' shift to online content, leaving television behind. DreamWorks provides family-friendly content to Netflix.
News are provided by InstaForex
Similar Threads
-
Instaforex Analysis
By InstaForex Gertrude in forum Advertisement PlaceReplies: 2139Last Post: 18-04-24, 08:51 -
Trading Strategies based on the Forex Trading News.
By Markcummings in forum Advertisement PlaceReplies: 8Last Post: 02-07-17, 13:51 -
Do you watch the news in SEO?
By Casoom in forum Search Engine OptimizationReplies: 5Last Post: 15-12-12, 04:58 -
Forex-Metal Presents Forex News Websites, Optimized for Mobile Devices
By Anonymous25 in forum Advertisement PlaceReplies: 0Last Post: 13-02-12, 00:29
Bookmarks