Forex Video Zone

Free Forex Trading Videos

Daily Fundamental Update — November 26th 2014

ADS Securities brings you the latest Daily Fundamental Update for the November 25th in this video.
The Asian session today had only one economic release which had a slight impact on the markets. The Ausralia’s Construction Work Done fell by -2.2% in Q3. The Aussie fell slightly following the news towards 0.8520 from 0.8560. As for the European session today there will be 3 economic releases from UK which may have noteable impact on the British Pound which may continue with upside corections. UK’s Second Estimate GDP is set to remain unrevised at 0.7% in Q3. UK’s Business Investment may ease back to 2.3% in Q3. UK’s CBI Realized Sales set to decline slightly to 28 in November.
Looking at the US session today there will be a collection of economic releases which are likely to have biggest impact on the markets. US Durable Goods set to decline by -0.4% and Core Durable Goods to rise by 0.5% in October. US Jobless Claims may decline to 287K last week. US Personal Spending and Income set to rise by 0.4% in October. US New Home Sales may rise to 471K in October. US Pending Home Sales may rise by 0.9% in October.

GBP/USD — Daily Forecast Technical Analysis — November 26th 2014

Hantec Markets brings you the latest technical analysis on the GBP/USD pair for the November 26th in this video.
GBP/USD — The EUR/USD is in a range and the Cable is in a tigher range over the past couple of weeks. It has been trading sideways and not going anywhere. It gave the momentum indicators a chance to unwind slightly but the downside potential remains. Looking at the hourly chart the 1.5736 level has been providing resistance and today what we are seeing is cable is beginning to gather momentum again to the downside. This is after the GDP data that came out of UK. Like I said yesterday I like to sell at the top of the range. To the downside we are looking at the reaction low at 1.5650 and subseqently at 1.5626. It looks like the sellers are coming back towards cable. The Momentum indicators in hourly chart continue to suggest playing the range. And we see any sort of rebound as a chance to sell.

EUR/USD — Daily Forecast Technical Analysis — November 26th 2014

In this video the Trader Guy looks at currency pair EUR/USD pair for the November 26th session.
EUR/USD — As you can see on the daily chart the Tuesday session saw the markets pulled back slightly and gained. However we still look at this market that has been consolidtating in the general vicinity and we see the 1.26 level to be massively resistive. With that I am looking for some type of resistance candle in order to start selling. With that I feel that in this market I am not interested in buying at the moment. We are looking for resistance candles above in order to do so. Remember this is ThanksGiving week in the United States and liquidity is going to drop off drastically. So having said that we are sellers. We just don’t have a right setup at this point of time.

Daily Fundamental Update — November 25th 2014

ADS Securities brings you the latest Daily Fundamental Update for the November 25th in this video.
Beginning with the Asian session today there were few economic releases which had noteable impact on the markets. The People Bank of China cuts 14 day Repo Rate to 3.2%. Few days ago the PBOC also surprised the markets by cutting the Main Rate. The Bank of Japan Monetary Policy Meeting Minutes came with no big changes while the BOJ Governor noted that the bank will be carefully watching Forex moves and will add more stimulus if needed. New Zealand’s Inflations Expectations eased back to 2.1% in Q4. The Kiwi and Aussie dollar ralled on PBoC Repo Rate cut. However the Japanese Yen remained noteably higher and the AUD/JPY fell by 0.6% and NZD/JPY fell by 0.67%.
As for European session few economic releases will be released from Germany, Italy and UK which may have a slight impact on the market. German Final GDP is set to remain unrevised at 0.1% in Q3. Italian Retail Sales set to rise by 0.2% in September. In UK, BBA Morgate Approvals is set to decline to 38.5K in October. The BOE Inflation Report Hearing will be held at 10:00 GMT+.
Looking at the US session today we are waiting for collection of economic figures from US and Canada which are likely to have significant impact on the markets. Canada’s Retail Sales may rise by 0.6%, Core 0.4% in September. US Revised GDP set to decline to 3.3% in Q3. US CB Consumer Confidence is set to rise to 95.9 in November. US Richmond Manufacturing Index may decline to 17 in November.

GBP/USD — Daily Forecast Technical Analysis — November 25th 2014

Hantec Markets brings you the latest technical analysis on the GBP/USD pair for the November 25th in this video.
GBP/USD — Like the Euro, Cable is moving in a consolidation range and not really moving anywhere. We are in a range of 150 pips over the past couple of weeks. We have not gone anywhere. We are drifting a little bit but ultimately its going to give these momentum indicators an opportunity to unwind for the next leg lower. Thats pretty much what we are seeing at the moment. Looking at the hourly chart the 1.5736 is the reaction high and the momentum indicators look pretty much neutral and moving averages also flattening off. Playing this range in the near term is the only way of trading this pair. So we use any sort of gains in this range as a chance to sell. Anything back towards 1.57 and selling into strength is seen as a chance to sell. We have lots of US data out today that could well have an impact on this market and cause a little bit of spike.

USD/CAD — Daily Forecast Technical Analysis — November 25th 2014

In this video the Trader Guy looks at currency pair USD/CAD pair for the November 25th session.
USD/CAD — Looking at the daily chart we had a positive move on Monday session struggling to get above 1.13 level. So really at this point of time I am buy only in this pair and obviously we are in this uptrend. There are two ways to see it. If we get above the top of this range I will be a buyer. If I pullback and see support at 1.12 again I am a buyer. However if we breakdown below 1.12 then I have to relook at the entire situation. But I don’t see really this market breaking down significantly. After all the Canadian dollar seems to be very sensitive to the Oil markets and with Oil markets being so soft at the moment it is really difficult to imagine that this pair is going to breakdown any significantly. Having said that it is Thanksgiving week. So its possible that this might be a very quiet week in this pair. Its buy only, I just need to breakout to the upside or pullback with signs of support at 1.12 level.

EUR/USD — Daily Forecast Technical Analysis — November 25th 2014

In this video the Trader Guy looks at currency pair EUR/USD pair for the November 25th session.
EUR/USD — As you can see on the daily chart, we initially fell during the session on Monday. But that being the case really when you look at this really there is consolidation upto 1.26 level. That is really what I am waiting for. We are in a longer term downtrend and that has not changed at all. You guys know that I am very bearish of the Euro. There is nothing on this chart that even remotely suggest buying this pair. Yes there are some people out there who try to buy on the bounce but really at this point it is much easier to sell the Euro and go with the overall trend. I like to sleep at night and also like right more than i am wrong. Thats the whole idea of the game. Yes, there is probably money to be made but it is much easier to sell at 1.26. This is thanksgiving week, so keep in mind that the Americans will probably do a little. So staying with in this range is probably going to do for the next couple of days

GBP/USD — Daily Forecast Technical Analysis — November 24th 2014

Hantec Markets brings you the latest technical analysis on the GBP/USD pair for the November 24th in this video.
GBP/USD — Cable may not have had the selling pressure that Euro experienced on Friday but certainly drifted a bit lower. Looking at the hourly chart it has been in this sideways consolidation range. Interestingly this resistance at 1.5736 is now in place and we have sequence of lower highs over the past few days. We are going to see a retest of the 1.5625 mark. If it gets broken then we could be testing the 1.5588 level and further downside from there. Looking at the daily chart this big downtrend is still intact and even the key bullish reversal that we had before few days has not done anything significant. The Momentum indicators look bearish and indicate rallies are a chance to sell. Below the 1.5588 there is certainly room for further downside in this pair. Hence any rallies in this pair is only seen as a chance to sell.

NZD/USD — Daily Forecast Technical Analysis — November 24th 2014

In this video the Trader Guy looks at currency pair NZD/USD pair for the November 24th session.
NZD/USD — As you can see in the daily chart the market infact had tried to rise during the session on Friday. This provided a shorting opportunity and we fell back to form a perfect shooting star candlestick in the daily chart. That is without doubt my favourite signal that it is time to start selling. With that I am definitely bearish of this pair. We are certainly in a consolidation area. With that it makes sense that we would see a pullback here. With that i am willing to short this pair on a break of bottom of this shooting star. Probably 0.7700 level is where we endup and I think ultimately we go much lower. The New Zealand Central Bank RBNZ suggested that 0.6800 is closer for value in this pair. I don’t know if we get down there but certainly is going to weigh up on this. Looking at this monthly chart we have broken below this uptrend line and come back up to test it. I think we have got weak days ahead of us. So I will continue to short this pair everytime it tries to rally or on fresh new lows.

EUR/USD — Daily Forecast Technical Analysis — November 24th 2014

In this video the Trader Guy looks at currency pair EUR/USD pair for the November 24th session.
EUR/USD — Looking at the daily chart, we obviously blew up on Friday session. This is something keep on repeating, trying to buy this pair fighting the trend and we get punished back and forth. Now we have fallen below the 1.25 level and we are at the lows again. I don’t see anything that would suggest 1.2375 would be the absolute basement in this market. Having said that we are going to go much lower. I think we are going towards 1.2050 which is a roundtrip from the entire upmove we have now. The ECB should have loose Monetary Policy going forward. There is really no reason to think that you should buy this pair. Short term rally will bring in sellers. Ofcourse a breakdown of lows could bring in sellers as well. I am certainly not interested in buying this pair until we get above 1.30 level which is not going to happen anytime soon.

  • Archives

  • Blogroll

  • Meta

Follow Forex Video Zone on Twitter Don't show me this offer ×