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[Antony_NPBFX]

XAG/USD: technical analysis 14.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the XAG/USD for a better understanding of the current market situation and more efficient trading.

XAG/USD, D1

On the daily chart, the instrument is correcting up from the lower line of the Bollinger Bands. The price remains below its moving averages that start turning down. The RSI is growing, having left the oversold zone. The Composite is growing as well. Both indicators have formed a Bullish divergence with the price.

XAG/USD, H4

On the 4-hour chart, the instrument is trading on the upper line of the Bollinger Bands. The price remains on the level with the EMA65 and below the EMA130, SMA200 that are directed down. The RSI is testing its strong resistance just below the border of the overbought zone. The Composite has reached its critical overbought levels as well.

Key levels

Support levels: 15.60 (December 2016 lows), 15.32 (March 2015 lows), 15.20 (July lows).

Resistance levels: 16.10 (August lows), 16.30 (October lows), 16.42 (local highs).

Trading tips

The price has retested its strong support near 15.60. The growth is likely to continue.

Long positions can be opened from the level of 16.10 with targets at 16.30, 16.42 and stop-loss at 15.95.

Short positions can be opened from the level of 15.60 with targets at 15.32, 15.20 and stop-loss at 15.76.

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 XAG/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

The US dollar collapsed after the Fed meeting: make profit on it with NPBFX

Good afternoon, dear forum visitors!

The US dollar fell sharply to the major currency basket after the recent Fed meeting, the last one of this year. The currency tried to recover yesterday, showing mixed dynamics, and today the US dollar index fell by 0.14% to 93.50 again, moving away from the Friday's top of the two weeks 94.08. The results of the meeting didn’t become a surprise for the market: the US interest rate was increased by a quarter of a percentage point up to the level of 1.25-1.50%. And plans to raise it further for 3 times the next year also remained the same. The regulator maintains positive expectations concerning the economy, raising its prognosis for the GDP growth from 2.1% to 2.5% in 2018. At the same time according to the Central Bank, the next year’s inflation will be below the target value of 1.9%, that gives a chance for a higher rate of interest rate increase.

Why is it important for traders to keep an eye on the interest rate and how does it affect currency?

An interest rate increase in the US leads to dollar strengthening, and this instrument can be used for early forecasting the situation and making a correct trading decision. Also, the interest rate affects the amount of swaps for position transferring.

Many traders practice trading on waiting of changing in the interest rate and make significant profit on it. Now the hope of tax reform realization may become a good support for the dollar. And the Federal Reserve System made it clear that it has nothing against it.

It is very convenient to monitor changes in the US interest rate on the NPBFX analytical portal. Traders can see online the current interest rate (1.5%), as well as the probability of its change in percentages (4.6%) on the graph by months.

The probability chart reflects market expectations about the possible tightening of the FOMC US monetary policy and is calculated on a base of the price of 30-Day Federal Funds Futures on the Chicago Mercantile Exchange. The probability of above 50% indicates that more market participants assume the Fed will increase the interest rate by 0.25% at the upcoming meeting. Probabilities below 50% indicate that market participants do not expect the rate to be increased at the nearest meeting. Now the market probability of raising rates more than 50% falls on the March meeting the next year.

Use instruments of the portal and the current situation on the US dollar to assess favorable trading terms for pairs with USD and others in NPBFX.

Advantages of trading in NPBFX

1. The output of all clients’ deals to the interbank market through the major liquidity providers.
2. STP technology - reliable and instant execution of deals with a speed of up to 100-300 ms.
3. 0% commission, narrow spreads – the average spread of one of the most popular pairs EURUSD on the Master account is from 1.2 points, Expert - 1.0 and VIP - 0.8 points.
4. Possibility to use leverage up to 1: 500.
5. Professional consultations and support on the analytical portal.

Free and unlimited access to all the useful instruments of the NPBFX portal is available to all registered users.

 

[Antony_NPBFX]

USD/JPY: wave analysis 18.12.2017

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

The trend is upward.

On the 4-hour chart the wave C of the higher level, within which the formation of the wave 3 of C has begun, is developing. At the moment the first wave of the lower level i of 3 has formed, and the downward correction ii of 3 has ended. If the assumption is correct, the pair will grow to the levels of 114.50–114.95. The level of 112.00 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 112.00 with the targets at 114.50–114.95.

Alternative scenario

The breakdown and the consolidation of the price below the level of 112.00 will let the pair go down to the level of 110.84.

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 USD/JPY and trade efficiently with NPBFX.

 

[Antony_NPBFX]

AUD/USD: the pair is trading in the flat 20.12.2017

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

Australian dollar showed moderate growth against US dollar during yesterday’s trading but then moved back to the opening level in view of the release of optimistic macroeconomic data from the USA.

According to the US Department of Trade, the number of new houses in November grew by 3.3% against the outlook of reduction by 3.7%. In October growth made up 13.7%. The number of issued construction permits in November reduced by 1.4% which was much better than expected by analysts (-4.9%). The total volume of started housing constructions in November grew to 1.297 mln units which is the biggest value since October 2016.

During today’s morning session the pair is still showing mixed dynamics of trades. Investors are waiting for the occurrence of new market drivers, but on Wednesday the macroeconomic calendar is relatively empty, therefore no considerable growth of activity is expected.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is widening from above. MACD indicator is growing preserving a weak buy signal (the histogram is above the signal line). Stochastic has reversed downwards.

Resistance levels: 0.7678, 0.7693, 0.7728.

Support levels: 0.7652, 0.7636, 0.7625, 0.7606.

Trading tips

Long positions may be opened after the movement of the instrument from the level of 0.7636 with targets at 0.7693, 0.7700 and stop-loss at 0.7600. The period of implementation is 2 days.

Breaking down the levels of 0.7636, 0.7625 may be a signal for further sales with targets at 0.7586, 0.7566 and stop-loss at 0.7652, 0.7665. The period of implementation is 2-3 days.

Use more opportunities of the NPBFX analytical portal: e-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register 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 AUD/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

The schedule of service during the Christmas and New Year holidays from 22.12.2017 to 01.01.2018

Dear Clients! NPBFX Company notifies about changes in the trading schedule during the Christmas and New Year holidays from 22.12.2017 to 01.01.2018.

December 22 2017 (Friday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): trading till 20:00 GMT

December 24 2017 (Sunday):

• FOREX (currency): break in trade
• XAUUSD, XAGUSD (gold and silver): break in trade
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade

December 25 2017 (Monday):

• FOREX (currency): break in trade 00:00-22:00 GMT
• XAUUSD, XAGUSD (gold and silver): break in trade 00:00-23:00 GMT
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade 00:00-23:00 GMT

from December 26 2017 (Tuesday) till December 28 2017 (Thursday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): without changes

December 29 2017 (Friday):

• FOREX (currency): without changes
• XAUUSD, XAGUSD (gold and silver): without changes
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): trading till 20:00 GMT

December 31 2017 (Sunday):

• FOREX (currency): break in trade
• XAUUSD, XAGUSD (gold and silver): break in trade
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade

January 01 2018 (Monday):

• FOREX (currency): break in trade 00:00-23:00 GMT
• XAUUSD, XAGUSD (gold and silver): break in trade 00:00-23:00 GMT
• XBRUSD, XTIUSD, XNGUSD (oil Brent and WTI, natural gas): break in trade 00:00-23:00 GMT

Please consider this information when making trading decisions.

 

[Antony_NPBFX]

EUR/USD: wave analysis 26.12.2017

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The pair can fall.

On the 4-hour chart the downward correction is forming as a wave (2) of the higher level, within which the wave C of (2) is developing. At the moment the local correction has ended as a second wave of the lower level ii of C. If the assumption is correct, the pair will fall to the levels of 1.1735–1.1650. The level of 1.1901 is critical for this scenario.

Main scenario

Short positions will become relevant below the level of 1.1901 with the targets at 1.1735–1.1650.

Alternative scenario

The breakout and the consolidation of the price above the level of 1.1901 will let the pair grow to the level of 1.1970.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities

How can a trader determine if it’s worth buying or selling EUR/USD now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

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 EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

AUD/USD: wave analysis 28.12.2017

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 pair can grow.

On the 4-hour chart the upward correction is developing as a second wave 2 of (5) of the higher level. Locally the wave c of 2, within which the momentum is developing, is forming. If the assumption is correct, the pair will grow to the level of 0.7813. The level of 0.7762 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 0.7762 with the target at 0.7813.

Alternative scenario

The breakdown and the consolidation of the price below the level of 0.7762 will let the pair go down to the level of 0.7714.

Use more opportunities of the NPBFX analytical portal: weekly FOREX forecast

You can learn more about the current situation on AUD/USD and get acquainted with the weekly analytical forecast in the "Video reviews" section on the NPBFX portal. Also weekly video reviews contain trends, key levels, trading recommendations for such popular instruments as EUR/USD, GBP/USD, USD/JPY, Gold. In order to get free and unlimited access to video forecast and other useful instruments on the portal, you need to register 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 AUD/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

EUR/USD: general review 02.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The EUR/USD pair continues to grow against the background of the weakened dollar. Fixing profits on long dollar positions, as well as weak macroeconomic statistics of recent days from the US continue to put pressure on the USD. So, the EUR/USD rate increased by 0.69% per day to the level of 1.2023.

Today market participants will pay attention to the publication of Markit Manufacturing PMI in the euro area (11:00 GMT+2), as well as Markit Manufacturing PMI in the US (16:45 GMT+2). In the Eurozone, the indicator is expected to remain unchanged at the level of 60.6 points in December. In the US, the index is expected to grow to 56.1 points in December from 55.0 points a month earlier.

Support and resistance

From the technical point of view, the potential of the upward movement remains. Bollinger Bands are pointing upwards. The volumes of MACD histogram are actively growing in the positive zone, forming a signal for purchase. Breaking through the level of 1.2023 (Murrey [5/8]) and consolidation above will be the indication for the continuation of growth. If it cannot gain a foothold above the level of 1.2023, then we should expect a corrective downward movement to the area of 1.1962 (Murrey [4/8]).

Support levels: 1.9629, 1.1901, 1.1840.

Resistance levels: 1.2023, 1.2085, 1.2146.

Trading tips

Buy positions may be opened above the level of 1.2023 with target at 1.2090 and stop-loss at 1.2005 mark.

Sell positions may be opened below the level of 1.1962 with target at 1.1900 and stop-loss at 1.1980 mark.

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 EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

NPBFX in an interview to China Forex Expo: market trends, results and development plans

Good afternoon, dear forum visitors!

In the beginning of December our company NPBFX took part in the international exhibition China Forex Expo 2017. The exhibition is being successfully held already for the 6th time and gather the world's largest brokers, financial companies, interested traders and investors in its arena. NPBFX was invited to visit China to be awarded in the nomination "Best Execution Broker 2017" for the best quality and speed of execution.

The company’s representative in Asia was Alla Zvereva, the NPBFX regional director. Within the exhibition she gave an interview sharing the opinion about current and future trends in the market, differences of NPBFX from competitors, development plans for the future.

- Tell about the differences between NPBFX and your competitors.

The main feature that makes us different from competitors is our experience and expertise on the market for more than 20 years. We are a mature company, we really know what the market needs, and we give it to our clients. The TOP-3 our priorities are: super-fast execution, developed payment solutions, high level of customer support.

- How do you see the current situation of the market? Are there any opportunities for new companies to enter the market?

Over the last years the industry is growing in a giant progression, and the competition is becoming stronger and stronger. New trends are replaced by others and Forex itself is becoming more accessible. Today almost everyone can start trading and make a profit, even having a minimum deposit. As for the market in Asia, here Forex is still booming. However, the problem is a small awareness of the rural population of the opportunities the market can give, even for those traders who have already entered the market.

- What are the challenges that broker companies on the Chinese market can face?

The Chinese government is making the access of local traders to foreign companies extremely difficult. So it is also more difficult for international companies to access local Chinese traders. However, there are a lot of traders in China who are interested in the better services, better conditions and better products, that only international companies can provide.

Another thing in localization: many companies coming to China use Western approaches but here it does not work, clients want to see the broker more "Chinese", close to traditions and internal understanding of work.

One more issue is the opening of new companies in China that use fraudulent schemes. This greatly undermines the trust of clients to honest and reliable companies.

- Share the plans of NPBFX for the next year.

In conditions of a rapidly changing market only companies that are ready to adapt to changes, adjust their strategy will be able to succeed in the future. Therefore, our key goal is to actively further develop our products and services, to be in line with the high demand of clients.

Another direction is to strengthen our brand on the new Asian market for us. We are going to focus on training workshops, seminars as experts to improve the level of our clients' awareness of Forex and their trading results.

And not less important is that we are usually working on improving and developing our payment systems, providing fast and safe payment solutions to all categories of traders.

2018 in NPBFX is going to be interesting and full of innovations on both the Chinese and Russian markets in general. We managed to achieve a lot in the passing year, and the pleasant award in the prestigious "Best Execution Broker 2017" nomination became a good summary. We believe that in the new year together with our clients we will be able to rise even higher in the quality of the services provided.

 

[Antony_NPBFX]

USD/JPY: wave analysis 05.01.2018

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

The correction has ended; the growth of the pair is expected.

On the 4-hour chart the wave (C) of the higher level, within which the formation of the wave 3 of C has begun, is developing. At the moment the downward correction of the lower level has ended as a wave ii of 3, and the formation of the wave iii of 3 has begun. If the assumption is correct, the pair will grow to the levels of 113.72–114.73. The level of 112.03 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 112.03 with the targets at 113.72–114.73.

Alternative scenario

The breakdown and the consolidation of the price below the level of 112.03 will let the pair go down to the level of 110.87.

Use more opportunities of the NPBFX analytical portal: e-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register 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.