Tuesday, December 31, 2013

News Delivered To You: DailyFX For Beginners

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DailyFX Delivered To You: DailyFX For Beginners Article

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  • What is a Pip?
    “PIP” stands for Point In Percentage. More simply though, a pip is what we in the FX would consider a “point” for calculating profits and losses.
  • 2 Patterns in Yen Provide Key Levels to Watch
    USDJPY has moved more than 20% in 2013. Two patterns are revealing themselves to the immediate direction of the pair.

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News Delivered To You: Daily Technical Analysis

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Important message! new year holiday trading hours

Important message!

Duo to new year holiday Real Forex trading platforms will be close today (31.12.13from 23:00 GMT to 2.1.14 at 01:00 GMT

Attention is required around open and closing hours duo to low liquidity

 

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News Delivered To You: Daily Fundamentals Article

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Monday, December 30, 2013

Action Insight Daily Report 12-31-13

ActionForex.com
Action Insight Market Overview Markets Snapshot

Daily Report: Dollar Mildly Lower ahead of Year End, DOW Hit Record High

Markets remain rather quiet just ahead of new year holiday. DOW edged up by another 25.88 pts overnight to close at another record high at 16504.29. But S&P 500 was down slightly by -0.33 pts. Asian equities are generally higher at the time of writing while Japan is on holiday. 10 year yield dripped mildly to close at 2.976%, failing to sustain above 3% mark. In the currency markets, dollar remains soft this week, lost some ground against other major currencies. But the greenback is generally staying above near term support levels. Yen pared back some losses and is mildly higher after being pressured for most of the year.

Full Report Here...


jpyvol.png
nzdusdpiv.png

Featured Technical Report

USD/JPY Daily Outlook

Daily Pivots: (S1) 104.92; (P) 105.17; (R1) 105.36; More...

Further rise is mildly in favor with 104.63 minor support intact. Current up trend from 75.56 would target 38.2% projection of 77.13 to 103.73 from 96.56 at 106.72 next. On the downside, below 104.63 minor support will bring pull back to 102.49/103.37 support zone before staging another rally.

Read more...

Economic Indicators Update

 

GMT Ccy Events Actual Consensus Previous Revised
14:00 USD S&P/Case-Shiller Composite-20 Y/Y Oct 13.40% 13.30%
14:45 USD Chicago PMI Dec 61 63
15:00 USD Consumer Confidence Dec 76.3 70.4
Forex Trade Ideas

Remark: Due to X'mas and New Year holidays, next Candlestick and Ichimoku Trade Idea update will be made on 2nd Jan 2014

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights

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News Delivered To You: DailyFX For Beginners

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News Delivered To You: Daily Technical Analysis

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