Forex Analysis by LiteForex

This is a discussion on Forex Analysis by LiteForex within the Daily Analysis forums, part of the Commercial category; Originally Posted by NVP are you guys still offering the currency indexes ..?......I liked that in your platform N Dear ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Nov 30, 2015, 8:16am   #9
 
2 Posts
Joined Aug 2015
Quote:
Originally Posted by NVP View Post
are you guys still offering the currency indexes ..?......I liked that in your platform

N
Dear NVP,

Now in our terminal you can find only such kind of instruments CFD, CFD_RU, Сurrency, Precious metals, World Indices, Oil

Regards,
LiteForex representative
LiteForex_LF is offline Broker   Reply With Quote
Old Nov 30, 2015, 4:55pm   #10
Joined Nov 2015
LiteForexNews started this thread XAG/USD: pair in flat

Current trend

Today the XAG/USD pair is growing.
However, the pair remains under pressure amid investorsí expectations of an interest rates hike in the US in December. According to the Fed Fund Futures, the probability of the rate increase in December is at 78%. On Friday, March futures on silver fell by 12.7 cents, while the WSJ Dollar index remains at 13-year highs.
Investorsí attention is focused on the US labour market data for November that is due on Friday and which is going to play a key role for the decision on interest rates at Fedís December meeting.

Support and resistance

On the daily chart, the XAG/USD pair is falling along a channel with the lower border below the level of 13.85.
Prior to the publication of important data the price will stabilise near the level of 14.00 (year lows). An upwards correction towards the level of 14.60 (ЕМА144, ЕМА200 on the 4-hour chart) is possible. However, a breakdown of the level of 14.00 would accelerate the fall.
On the 4-hour and daily charts, OsMA and Stochastic are turning to purchases.
Support levels: 14.00, 13.80, 13.50.
Resistance levels: 14.35, 14.60, 14.80, 15.30.

Trading tips

Short positions can be opened from current prices with targets at 14.00, 13.80, 13.50 and stop-loss at 14.35.
Long positions can be opened after the price consolidation above the level of 14.60 with targets at 15.30, 15.50.

Click the image to open in full size.
Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Old Dec 2, 2015, 11:50am   #11
Joined Nov 2015
LiteForexNews started this thread EUR/USD: general analysis

Current trend

Yesterday, the European currency strengthened slightly against the US Dollar, which was under pressure from US statistics on ISM Manufacturing PMI. In November, the indicator declined from 50.1 to 48.6 points, while analysts forecasted a growth to 50.4 points.
November Data on Consumer Price Index is due today in the EU. The indicator is expected to come in at 0.2%. Even if the forecast is confirmed, a possible growth in the EUR will be limited as ECB is expected to continue easing its monetary policy at the upcoming meeting.
Later on, Fedís Chair Janet Yellen gives her speech. Market participants might get more confirming evidence that the Regulator will raise its interest rates before the year is out. The futures market is pricing in up to a 75.2% probability of a hike at the December meeting.

Support and resistance

On the 4-hour chart, MACD indicator recommends long positions. Stochastic is giving a sell signal Ė the indicator has left the overbought zone; the %K line has crossed the %D line from top-to-bottom.
A likelier scenario seems to be continuation of downward movement within a descending channel.
The nearest support levels are 1.0555, 1.0500.
The nearest resistance levels are 1.0688, 1.0762, 1.0820.

Trading tips

Long positions can be opened if the price breaks out the level of 1.0640 with the target at 1.0685 and stop-loss at 1.0630.
Short positions can be opened from the level of 1.0590 with targets at 1.0555, 1.0500 and stop-loss at 1.0600.

Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Old Dec 2, 2015, 3:27pm   #12
Joined Nov 2015
LiteForexNews started this thread XAU/USD: price of gold declines

Current trend

Since the opening of the trading day, the prices of gold and other precious metals are declining amid the strengthening in the US Dollar.
The correlation between the price of gold and the EUR/USD pair is nearly 92%. The EUR is under strong pressure ahead of ECB interest rate decision, therefore, a decline in the price of gold is likely to continue.
Demand for the USD, on the contrary, continues growing due to expectations of a hike in US interest rates. At present, gold does not seem to be a profitable investment as borrowing costs of buying and storing it tend to increase.

Support and resistance

Though on the daily chart, OsMA and Stochastic recommend long positions, they are giving sell signals on the 4-hour and weekly charts.
Short positions are preferable. A growth to 1138.00 (38.2% Fibonacci correction and EMA144) seems possible if the price consolidates above the levels of 1085.00 and 1095.00.
Support levels: 1065.00, 1060.00, 1057.00.
Resistance levels: 1075.00, 1085.00, 1095.00, 1105.00, 1118.00.

Trading tips

Short positions can be opened from the level of 1060.00 with targets at 1050.00, 1010.00 and stop-loss at 1072.00.
Long positions can be opened from the level of 1076.00 with targets at 1085.00, 1095.00, 1105.00 and stop-loss at 1073.00.

Click the image to open in full size.
Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Old Dec 3, 2015, 1:34pm   #13
Joined Nov 2015
LiteForexNews started this thread USD/CHF: safe-haven currency

Current trend

Since the beginning of the week, the USD/CHF pair was declining.
The pair was falling despite the publication of poor data in Switzerland that came out significantly worse than forecasts and strong statistics on the US labour market. The Swiss GDP in the third quarter failed to show any growth, Real Retail Sales shrank by 0.8%, while the SVME Purchasing Managersí Index fell to 49.7 points.
The main pressure on the pair resulted from increased cautiousness on the market prior to the publication of key statistics in the US that pushed investors to switch their funds into the safe-haven Franc.
Today attention needs to be paid to the ECB Press conference and its Interest Rate Decision, Fedís Yellen testifies, FOMC Member Mester speech, and Markit and ISM PMIís in the US.

Support and resistance

On the 4-hour chart, the pair is moving along an ascending channel with the lower border near the level of 1.0185 and upper border above the level of 1.0340.
A downward correction can continue to the levels of 1.0180, 1.0130. At the same time, a growth in the pair can go up to the level of 1.0600 (ЕМА144 on the monthly chart).
On the daily chart, OsMA and Stochastic recommend short positions, while on the 4-hour chart they are turning to purchases.
Support levels: 1.0230, 1.0185, 1.0130, 1.0000, 0.9880, 0.9800.
Resistance levels: 1.0300, 1.0340, 1.0400.

Trading tips

Pending sell orders can be placed at the level of 1.0180 with targets at 1.0100, 1.0080, 1.0000 and stop-loss at 1.0220.
Pending buy orders can be placed at the level of 1.0240 with targets at 1.0300, 1.0340, 1.0400, 1.0600 and stop-loss at 1.0190.

Click the image to open in full size.
Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Old Dec 3, 2015, 3:25pm   #14
Joined Nov 2015
LiteForexNews started this thread AUD/USD: general analysis

Current trend

The AUD/USD pair is strengthening, though, according to macroeconomic statistics, Australiaís trade balance deficit grew to 3.305 billion.
The Australian Dollar is under pressure due to a fall in iron ore prices and uncertainty about Chinaís economic outlook.
Today, attention needs to be paid to Initial Jobless Claims and ISM Non-Manufacturing PMI statistics. The ISM Non-Manufacturing PMI is expected to decline from 59.1 to 58.0 points that might affect the US Dollar.

Support and resistance

On the 4-hour chart, the pair is trading between the upper and the middle MAs of Bollinger Bands. The price remains above the MA50, MA100 and MA144, all directed up. MACD histogram is in the positive zone, while ADX indicates downward movement.
Today, the price is expected to trade within the range of 0.7330-0.7287.
Support levels: 0.7287, 0.7261 (MA50).
Resistance levels: 0.7330, 0.7342 (local high), 0.7360, 0.7400.

Trading tips

Long positions can be opened after the consolidation above the level of 0.7330 with the target at 0.7360 and stop-loss at 0.7315.
Short positions can be opened from the level of 0.7287 with the target at 0.7250 and stop-loss at 0.7300.

Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Old Dec 3, 2015, 6:33pm   #15
NVP
 
NVP's Avatar
Joined Jun 2004
Quote:
Originally Posted by LiteForex_LF View Post
Dear NVP,

Now in our terminal you can find only such kind of instruments CFD, CFD_RU, Сurrency, Precious metals, World Indices, Oil

Regards,
LiteForex representative
excellent - all the best guys ..........some nice and exotic instruments there
NVP is offline Coach/Trainer   Reply With Quote
Old Dec 4, 2015, 3:35pm   #16
Joined Nov 2015
LiteForexNews started this thread Brent: general review

Current trend

Yesterday the price of Brent crude oil significantly corrected due to a Dollar decline and prior to the OPEC meeting, which is due today.
According to the majority of experts, OPEC is not going to reduce quotes despite some speculation that Saudi Arabia can reduce its output. Contrary to that, there is a possibility that quotes will be increased due to Indonesia joining the cartel and Iranís plans to increase output after sanctions are lifted. Therefore, total output could increase to 31 million barrels instead of todayís 30 million barrels a day. In this case, the price of oil might decline below year lows near the level of 42.46.

Support and resistance

The nearest support level is at 42.46 (yesterday low).
The nearest resistance level is at 44.66 (yesterday high).

Trading tips

Short positions can be opened from current prices with the target at 42.46 and stop-loss at 44.66.
If OPEC decides to reduce quotes at the meeting today, open long positons with the target at 46.44 and stop-loss at 44.00.

Click the image to open in full size.
LiteForexNews is offline Broker   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Farewell letter - LiteForex LF adviser Forex Brokers 0 Mar 22, 2010 7:25pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)