Next week trade

This is a discussion on Next week trade within the Forex forums, part of the Markets category; The Japanese currency has had a good year so far, partly because of increased speculation that the country's Central Bank ...

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Old Apr 16, 2018, 12:40pm   #46
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The Japanese currency has had a good year so far, partly because of increased speculation that the country's Central Bank will begin to abandon the huge economic stimulus that it began to apply five years ago. But the bears on the yen, insisting on the fact that the Bank of Japan (BOJ) too early start thinking about the tapering of its monetary easing, in the coming days, unable to cause for celebration. Yujiro goto, currency strategist at Nomura Holdings Inc. in London, they call it"the decisive two weeks to observe BOJ."

Here are events that could affect the opinion of the regulator, which goto wrote in a note to customers on April 16.

Meeting of Japanese Prime Minister Shinzo Abe and US President Donald trump, which will be held on April 17-18. The key here is the degree to which trump will push vis-à-vis trade negotiations. If Japan will be able to circumvent the cornerstone of the movement towards a bilateral free trade agreement — the Japanese currency will avoid unnecessary pressure on the part of sellers.

A semi-annual report on the financial system of the Bank of Japan will be presented on April 19. This is the first report since the head of the Central Bank, Haruhiko Kuroda, raised in November the question that excessively low interest rates can be counterproductive, harming the banking sector. Then such comments greatly excited the bulls on the yen and bond traders. Pointing to the healthy state of the banking system will reduce the risk of BOJ policy changes, says goto.

And finally: the decision on monetary policy on April 27. It goes without saying that there will be no change in policy, and the focus should be on the Bank of Japan's updated economic projections, including new projections for fiscal year 2020, the expert says. Less optimistic – and, in all likelihood, more realistic – inflation forecasts will show that the Bank of Japan is still far from its 2% target.

"This would be a clearer signal that the exit (from ultra-liberal politics) will not happen soon," says goto.

If the bears take over the yen situation, the USDJPY could rise to 110, he said.
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Old Apr 16, 2018, 1:40pm   #47
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Sterling continues to strengthen steadily. On April 5, for the first time in a few weeks, it closed below $1.40, but investors who sold on the breakthrough down quickly capitulated, markets analysts say. Sterling is growing, not looking back. Before the weekend, it reached its best level since January 25, when it reached a minimum after the referendum on Brexit (~ $1.4345). The maximum level reached on the day of the referendum was about $1.50.

The Euro fell to its lowest level since may last year against the pound sterling (~ GBP0.8630). Nevertheless, the fall was excessive, as the pair closed below the lower border of the Bollinger channel for the last two sessions, the markets experts emphasize. In addition, from the point of view of candlestick technical analysis, the previous price dynamics can talk about the potential formation of the "bullish (for the Euro) hammer" model, they add. Region GBP0.8700 may, at least initially, to limit the recovery of the Euro.

Unlike the Eurozone, British economic data have consistently surprised us positively in recent weeks. This has strengthened the market's confidence that the Bank of England (BOE) will raise interest rates next month. Investors are leaning toward another rate hike in the fourth quarter. At the same time, Britain's confrontation with Russia, which also pushed out Brexit as the main topic of discussion, reduced the risk of a possible political crisis following the local elections, which will be held next month, the analysts added.
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Old Apr 27, 2018, 12:21pm   #48
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Originally Posted by Bumer View Post
Sterling continues to strengthen steadily. On April 5, for the first time in a few weeks, it closed below $1.40, but investors who sold on the breakthrough down quickly capitulated, markets analysts say. Sterling is growing, not looking back. Before the weekend, it reached its best level since January 25, when it reached a minimum after the referendum on Brexit (~ $1.4345). The maximum level reached on the day of the referendum was about $1.50.

The Euro fell to its lowest level since may last year against the pound sterling (~ GBP0.8630). Nevertheless, the fall was excessive, as the pair closed below the lower border of the Bollinger channel for the last two sessions, the markets experts emphasize. In addition, from the point of view of candlestick technical analysis, the previous price dynamics can talk about the potential formation of the "bullish (for the Euro) hammer" model, they add. Region GBP0.8700 may, at least initially, to limit the recovery of the Euro.

Unlike the Eurozone, British economic data have consistently surprised us positively in recent weeks. This has strengthened the market's confidence that the Bank of England (BOE) will raise interest rates next month. Investors are leaning toward another rate hike in the fourth quarter. At the same time, Britain's confrontation with Russia, which also pushed out Brexit as the main topic of discussion, reduced the risk of a possible political crisis following the local elections, which will be held next month, the analysts added.
Nice post Bumper . Been busy a bit last week.
I am intraday trader but sometimes i like to predict a huge move.
Fundamentals is the key for investor to position e traders .
Thanks again.
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Old May 17, 2018, 1:57am   #49
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winer3 started this thread Buy Kiwi .


Sell eurusd, eurnzd.
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Old May 17, 2018, 5:22pm   #50
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Buy Kiwi .


Sell eurusd, eurnzd.

What data or change in sentiments do you expect which will affect kiwi? thanks.
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Old May 17, 2018, 8:19pm   #51
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Originally Posted by hatemypips View Post
What data or change in sentiments do you expect which will affect kiwi? thanks.
No change in fundamentals, Kiwi is in downtrend, Annual budget release confirm the sell, but to continue down trending you need a bridge to broke the bottom 0.6781$ this bridge is actual bottom 0.6853$. they called correction or testing till maybe 0.71$ or 070$.
The financial market is searching the easy ways to liquidity.???
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