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[Antony_NPBFX]

USD/CAD: general analysis 08.01.2018

Good afternoon, dear forum visitors!

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

Current trend

The USD/CAD pair has been falling for the fourth week in a row.

Last Friday the instrument lost around 80 points after the negative US employment market publications: in December Nonfarm Payroll indicator reached 148K, which was worse than expected by 42K. US Labor Force Participation Rate stayed on the same level of 62.7%, while experts suggested the growth by 0.1%. Meanwhile, Canadian employment market data exceeded the forecasts, and the Unemployment rate unexpectedly decreased by 0.2%.

Concerning long-term growth of Canadian economy and strengthening of oil, the fall of the pair to the area of 1.2300–1.2270 is expected.

Today Bank of Canada Business Outlook Survey release is expected at 17:30 (GMT+2). Concerning the growth of consumer confidence and Canadian economy’s success in 2017, the publication will make the pair fall further. Also, US Consumer Credit Change release is worth traders’ attention today at 22:00 (GMT+2).

Support and resistance

On the 4-hour chart, the correction of the downward movement is seen. Key support level is 1.2355, the breakdown of which will give a strong sell signal.

Bollinger Bands are pointed downwards. The price range has significantly widened, which confirms the development of the downward trend. MACD histogram is in the negative zone, keeping strong sell signal. Stochastic is in the correction near the border of the overbought area and do not give a clear signal.

Resistance levels: 1.2435, 1.2460, 1.2490, 1.2555, 1.2595, 1.2660, 1.2705.

Support levels: 1.2265, 1.2320, 1.2355, 1.2375, 1.2400.

Trading tips

Short positions can be opened at the current level with the targets at 1.2315, 1.2300 and stop loss at 1.2435. Implementation period: 1 –2 days.

Long positions can be opened at the level of 1.2450 with the targets at 1.2500, 1.2530 and stop loss 1.2425. Implementation period: 1 –2 days.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

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/CAD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

XAU/USD: gold is getting cheaper 10.01.2018

Good afternoon, dear forum visitors!

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

Current trend

The prices for gold noticeably decreased following the results of trades on January 9, having retreated under pressure of growth of optimistic moods concerning the USD.

In particular, investors are still counting on further growth of the Fed's interest rate, starting at the March meeting of the regulator. In addition, traders count on the positive effect of the tax reform, approved by the US Congress in December.

Additional pressure on gold was provided by trading in stock markets, where there was a recovery in activity after the long holidays, as well as political instability in Europe. Among other things, investors are alarmed by the difficulties in forming the government in Germany, the upcoming elections in Italy and the rather difficult process of Brexit.

Support and resistance

The Bollinger Bands in D1 chart show moderate growth. The price range is actively narrowing, reflecting the emergence of corrective dynamics in recent days. It should be considered the possibility of sales within the channel trading strategy with the nearest levels of take-profit in the middle of the indicator line.

MACD is going down having formed a sell signal (being located under the signal line). There is an opportunity for planning sales in the short term.

Stochastic shows a similar dynamics, confidently declining at the trading on Tuesday. One should follow the scenarios with the further development of the "bearish" dynamics.

Resistance levels: 1315.65, 1325.59, 1334.32.

Support levels: 1305.65, 1300.00, 1292.00, 1283.77.

Trading tips

Long positions should be opened if the price moves away from the level of 1305.65, as from support, followed by the breakout of 1315.65 mark. Take-profit at 1334.32. Stop-loss – 1305.65. Implementation time: 2-3 days.

A confident breakdown of the level of 1305.65 or 1300.00 may be a signal to further sales with targets at 1283.77 or 1276.87 marks. Stop-loss – 1315.65. Implementation time: 2-3 days.

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

How can a trader determine if it’s worth buying or selling Gold 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 XAU/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

NPBFX mobile analytical portal - always fresh analytics in your smartphone!

Good afternoon, dear forum visitors!

NPBFX is pleased to announce that one of the most popular services among our client’s, the analytical portal is available in a version of a mobile app. Now professional instruments for trading, fresh news and analytics are always near at hand! In the NPBFX Analytics application traders can find the main functionality of the analytical portal web version in a convenient usability.

What functions are available in the NPBFX Analytics app?

- Analytics (technical analysis, fundamental analysis, video analytics)
- Trading signals from the top 10 technical indicators
- Real-time market review shows the percentage of sellers and buyers among traders
- Economic calendar with online updates will allow you to react quickly in accordance with changes in financial markets
- Interest rates of the largest countries
- Holidays when the market is closed
- Currency converter for fast calculation
- Registry fixation dates
- Trading strategies
- Favorites for quick to the most needed functions

All the materials are available for the most popular and most used instruments - EUR, USD, GBR, JPY, CHF, CAD, NZD, AUD, Silver, Gold, BRENT, Stocks.

Custom application settings

A flexible settings system allows to use all the opportunities of the program for your profitable trade in a convenient and easy way. The application is available in Indonesian, Spanish, Portuguese, Thai, English and Russian. You can choose the number of news (10, 20, 30) you want to see, the time zone, individual settings for each section under your individual preferences.

You can also set up and receive notifications as soon as the latest news and analytics appear. There are about 10-20 new materials a day, so you can be sure that you will not miss no one important event.

You can easily and quickly switch between the necessary sections, just swipe screen to the left/right.

The mobile analytical portal is available for free download on Google Play and the App Store for Android and iOS based smartphones.

The app has already collected 4.6 stars from 5 in Google Play reviews. You can make yourself sure in the usability and time savings with the professional instruments of the portal assembled in one convenient and functional NPBFX platform!

 

[Antony_NPBFX]

WTI Crude Oil: oil prices continue to grow 15.01.2018

Good afternoon, dear forum visitors!

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

Current trend

The prices for WTI Crude Oil slightly decreased at the end of last week, having retreated from their record highs in view of the development of corrective moods.

Today, the instrument is once again trading in an upward direction, preparing to update record highs since the end of 2014. As before, a strong support for oil prices is provided by an agreement between the OPEC countries and Russia on the reduction of crude oil production by the end of 2018. In addition, there is gradually growing demand in the market, which, however, is partially offset by increased production of shale oil in the US.

Additional support for the tool is provided by the 8th consecutive decrease in oil reserves in the US. Last week, it became known that reserves for the week on January 5 decreased by 5 million barrels to 419.5 million barrels, which is below the average level for 5 years (420 million barrels).

Support and resistance

The Bollinger Bands in H4 chart show moderate growth. The price range is slightly widening, limiting further growth of the instrument in the short term. The channel trading strategy should be followed.

MACD indicator is growing preserving a stable buy signal (the histogram is above the signal line). There is an opportunity to maintain the existing long positions in the short term, whereas for the opening of new transactions it is better to wait for the appearance of additional signals.

Stochastic reversed horizontally, reaching the maximum values. Current showings of the indicator reflect a strong overbought of the instrument and signal in favor of the development of corrective decline.

Resistance levels: 64.41, 65.00, 65.50.

Support levels: 63.63, 62.82, 61.95, 60.94.

Trading tips

To open long positions, one can rely on the breakout of the current resistance levels of 64.41 or 65.00. Take-profit at 65.50 or 66.00. Stop-loss — 64.00 or 63.63. Implementation time: 2-3 days.

The rebound from the level of 64.41 as from resistance, with the subsequent breakdown of 63.63 mark, can become a signal to the beginning of correctional sales with the target of 61.95-61.70. Stop-loss – 64.50. Implementation time: 2-3 days.

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 WTI and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CAD: wave analysis 18.01.2018

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on the USD/CAD 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 development of the downward correction as a wave 2 of (5), shapes as a flat, has ended. Now the formation of the third wave 3 of (5) has begun, within which the first wave of the lower level (i) has formed, and the correction (ii) has ended. If the assumption is correct, the pair will grow to the level of 1.2920. The level of 1.2353 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 1.2353 with the target at 1.2920.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1.2353 will let the pair go down to the level of 1.2057.

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/CAD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

EUR/USD: wave analysis 22.01.2018

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 pair can grow.

On the 4-hour chart the fifth wave 5 is forming as a diagonal triangle within the first wave 1 of the higher level. At the moment the fifth wave v of 5 is forming, within which the wave (c) of v is developing. If the assumption is correct, the price will grow to the level of 1.2400. The level of 1.2167 is critical for this scenario.

Main scenario

Long positions will become relevant during the correction, above the level of 1.2167 with the target at 1.2400.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1.2167 will let the pair go down to the levels of 1.2070–1.1918.

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 EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

XAU/USD: technical analysis 24.01.2018

Good afternoon, dear forum visitors!

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

XAU/USD, D1

On the daily chart the pair is moving sideways within the channel, formed by the upper border and middle line of Bollinger Bands, the price range is narrowing. MACD histogram is in the positive zone, keeping a steady signal to open long positions. Stochastic is in the neutral zone, its lines are pointed upwards.

XAU/USD, H4

On the 4-hour chart the instrument is growing along the upper border of Bollinger Bands, the price range is widened, which reflects the possible development of the upward movement. MACD histogram is in the positive zone, its volumes are growing, and the signal line crossed the histogram’s body upwards, forming a signal to open long positions. Stochastic is ready to cross the border of the overbought zone upwards, after which the signal to open ling positions will be received.

Key levels

Resistance levels: 1343.85, 1352.34, 1357.00.

Support levels: 1334.73, 1328.16, 1321.57.

Trading tips

Long positions can be opened at the current level with the target at 1352.30 and stop loss 1337.80. Implementation period: 1–3 days.

Short positions can be opened at the level of 1315.49 with the target at 1293.22. Stop loss is 1328.16. Implementation period: 3–5 days.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

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 XAU/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

NPBFX won the IAFT Awards for «Best STP Broker» for the second time!

Good afternoon, dear forum visitors!

NPBFX Company successfully entered into 2018! The beginning of the year was marked by a victory in the prestigious category "Best STP Broker" at the IAFT Awards. The Award is held by the International Association of Forex Traders for 6 years. The best brokers in the available IAFT Awards nominations are determined by fair voting of traders.

This year more than 200 brokers and financial companies from all over the world took part in the Award. Voting had started on December 1 and the list of winners in 20 nominations appeared on the official website of the IAFT Awards on December 30. NPBFX won gold in the nomination "Best STP Broker 2017" for the second year in a row, which is another confirmation of the high quality of NPBFX services.

The company expresses gratitude and appreciation to all traders who voted for NPBFX. High speed of execution with the output of client’s deals to the interbank market is one of the highest priorities of the company since its foundation. The victory in the prestigious award will help the company to develop further and improve the quality of its services.

NPBFX has big plans for 2018. The company intends to conquer more than one peak of Olympus Forex!

 

[Antony_NPBFX]

USD/CHF: wave analysis 29.01.2018

Good afternoon, dear forum visitors!

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

Current trend

The pair is decreasing.

On the 4-hour chart, the t downward trend is developing within the third wave of the higher level (3). Now the first wave 1 of (3), within which the wave iii of 1 of the lower level is developing, is forming. If the assumption is correct, the pair will fall to the level of 0.9220 and below. The level of 0.9514 is critical for this scenario.

Main scenario

Short positions will become relevant during the correction, below the level of 0.9514 with the targets at 0.9220–0.9120.

Alternative scenario

The breakout and the consolidation of the price above the level of 0.9514 will let the pair grow to the level of 0.9845.

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/CHF and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CAD: wave analysis 31.01.2018

Good afternoon, dear forum visitors!

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

Current trend

The pair can decrease.

On the 4-hour chart, the downward correction is developing as a wave 2 of (5). Now the wave c of 2, within which the development of the fifth wave of the lower level (v) of c has begun, is forming. If the assumption is correct, the pair will fall to the level of 1.2220. The level of 1.2386 is critical for this scenario.

Main scenario

Short positions will become relevant during the correction, below the level of 1.2386 with the target at 1.2220.

Alternative scenario

The breakout and the consolidation of the price above the level of 1.2386 will let the pair grow to the level of 1.2600.

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/CAD and trade efficiently with NPBFX.