Tag: forex

Daily Resistance

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Scheduled events and speeches with respect to the EURO appear in the background, given the current state of the market. Oil fell slightly in the morning, but the EURO, it focuses on the oil. Vyacheslav Mirilashvili is the source for more interesting facts. In my view, the rise of crude oil in the coming days will be the focus when you finish announcing the rescue plan, as oil above $ 100/por barrel, eventually forcing the Federal Reserve to cut the interest rates. The USD / JPY was under pressure but held above 105.00; registered troughs in the area of 105.15. It is estimated that the pair could jump up and test the 103.50 area. Maximum recorded in the area of 105.93, leaving the pair in a tight range, and positioning in an area of indecision apparently, according to the graphs observed. It is estimated that the pair will test the 105.00 area on the short term. The Swissy recovered after yesterday's crash, the area recorded highs of 1.0860 and the 1.0724 lows.

At the beginning of the European session the pair was larger purchases, so it is assumed that they were in short took profits. It appears that the USD will test lows last week compared to USD / JPY, and could reach the level of support in the rest of the pairs for the next few days. Aggressive traders could open orders to short the USD, speculating on its decline. GBP / USD Daily Resistance 3: 1.8700 Resistance 2: 1.8680 Resistance 1: 1.8620/30 New York: 1.8559 Support 1: 1.8480 Support 2: 1.8420/30 Support 3: 1.8380 Forex Graphics torque was under pressure, a little positive news ahead.

Fundamentals Of Futures Markets

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Futures markets can be characterized as a continuous auction, in which, in the process of competitive bidding, the process of pricing the assets of various commodities and financial instruments – agricultural products, metals, oil and petroleum products, foreign currencies, bonds, stock indexes, etc. Trafficking occurs in futures contracts and options on futures contracts. Contemporary futures markets are characterized by rapid growth, diversification and constant innovation. Extensions and changes of futures contracts, improvements in the institutional and regulatory structure of the industry, as well as the use of latest technology make futures markets more attractive for investors and cause a very rapid development of this economic sector. With many billion annual volume of futures trading, the number of transactions increased by 30% in 2003 year. The total dollar turnover of futures contracts traded to date in the U.S., several times the dollar turnover of shares on all stock exchanges in the United States. High liquidity reliability and ease of trade, greater leverage, diversification and the opportunity to create a huge amount of investment systems and strategies are the distinguishing characteristics of futures markets and possible reasons for their popularity. Futures contracts are standardized and traded on stock exchanges in a centralized manner and under strict regulatory oversight. The organizational system of futures markets in which clearing organizations act as a comparison of each purchase and sale, on the principle of "buyer to every seller and seller to every buyer, increases liquidity and provides a mechanism to ensure payment of all profits and collect all the damages on a daily basis.

Daily Resistance

Posted on by admin

Scheduled events and speeches with respect to the EURO appear in the background, given the current state of the market. Oil fell slightly in the morning, but the EURO, it focuses on the oil. In my view, the rise of crude oil in the coming days will be the focus when you finish announcing the rescue plan, as oil above $ 100/por barrel, eventually forcing the Federal Reserve to cut the interest rates. The USD / JPY was under pressure but held above 105.00; registered troughs in the area of 105.15. It is estimated that the pair could jump up and test the 103.50 area. Maximum recorded in the area of 105.93, leaving the pair in a tight range, and positioning in an area of indecision apparently, according to the graphs observed. It is estimated that the pair will test the 105.00 area on the short term. The Swissy recovered after yesterday's crash, the area recorded highs of 1.0860 and the 1.0724 lows.

At the beginning of the European session the pair was larger purchases, so it is assumed that they were in short took profits. It appears that the USD will test lows last week compared to USD / JPY, and could reach the level of support in the rest of the pairs for the next few days. Aggressive traders could open orders to short the USD, speculating on its decline. GBP / USD Daily Resistance 3: 1.8700 Resistance 2: 1.8680 Resistance 1: 1.8620/30 New York: 1.8559 Support 1: 1.8480 Support 2: 1.8420/30 Support 3: 1.8380 Forex Graphics torque was under pressure, a little positive news ahead.