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Pound exchange rate movements of the Asian session (05:00:35 GMT / 12.00) is strengthening against the US dollar, after opening higher at 1.3193 in early trade (00.00 GMT). Pound exchange rate end of the Asian session remained in a technical rebound by positive sentiment coming from Q2 2016 GDP data released later in the day, data showed that economic conditions are still unstable post Brexit. However, the rate of the pound overshadowed by pidatoJanet Yellen tonight to lift the US dollar if the Fed rate hike a strong signal is given. Technically GBPUSD rose again to around 1.3237-1.3284, but if not managed to achieve this range then the pair will be a correction down towards the 1.3165-1.3125 . So the normal range of GBPUSD pair is estimated to have the support level at 1.3101 and the resistance level at 1.3329.

Euro exchange rate movements of the Asian session (05:15:35 GMT / 12:15 GMT) strengthened against the US dollar after opening higher at 1.12822 . Euro's exchange rate since the beginning of the Asian trading session moves rally that rests on the momentum of the weakening US dollar sentiment whicih is pessimist of the possibility of Janet Yellen's hawkish speech in Jacksion Hole symposium tonight. For economic drivers this afternoon came GfK survey on German consumer sentiment, the data dissemination M2 money where all of this data expected provides positive data. Technically, EURUSD rose steadily to around 1.13500-1.13672, but if it does not reach this range then the pair will move back down to the range of 1.1284-1.1246. And today is expected to have the support level at 1.12089 and the resistance level at 1.13420.

The fate of the US dollar and next weekend will be determined after Janet Yellen's speech tonight while speaking at the Jackson Hole Symposium which provides the signal whether the Fed's benchmark rate is still able to be raised or not at all this year. Collectors dollars still expect Janet Yellen give a strong signal even though many opinions which weakens the signal. Reason various opinions which weakens the signal is still away to weigh the current US inflation rate to the inflation target set Fed, in addition to global economic conditions helped give consideration. Observed in the Asian session on Friday (26/8) US dollar weakened against all major rivals by pessimism hawkish signals from Janet Yellen later that night. Fundamental data mover for the dollar throughout the day in addition to Janet Yellen's speech there was also prelim Q2 2016 GDP, trade balance, and the revised UoM consumer sentiment and the outlook for US inflation. These data are expected to provide negative sentiment for the US dollar. The dollar index, which measures the strength of the US dollar against six major currencies trading weak after the move to open flat this morning at 94.70 and moving weak this morning at 94.64.

At the end of trading Friday morning (26/08), Rotterdam coal price rise pushed the oil price increase mentah. Crude oil price rose 1 percent in late trading Friday morning earlier triggered expectations the dollar will weaken after the keynote speech Friday by US Federal Reserve Chairman Janet Yellen , making the commodity currencies this dollar more attractive for holders of other currencies. At the end of the trading price of coal Rotterdam futures contract for October 2016 in the position at 60.30 dollars per ton. Commodity prices gained 0.10 dollars or equivalent to 0.17 percent compared to the previous closing. Rotterdam Coal futures prices are expected to rise in line with the dollar potential weakness and the prediction of Yellen's dovish speech tonight. The price of coal futures could potentially test the resistance level at 60.80 dollars and the next resistance level at 61.30 dollars. While the level of support that will be tested if prices decline is actually located at 59.80 dollars.

Gold has been trading sideways for the past two months with a range that continues to decline. Although the fundamentals support further gains but investment flows show the necessary correction in the short term. From Wednesday until now gold ETF has fallen 1:11% and penetrate the boundary line short-term technical support first. This raises the question whether that will be made by the governor of the Fed Janet Yellen on interest rate on this Friday. Whether he will emit a tone more "hawkish" than many on Wall Street had anticipated? Despite the selling pressure in gold and gold mining on Wednesday, the big picture of the movement of gold prices in the long term of one year remains unchanged. Keep rising. In other words, breaches the trend of decline in gold prices over several years remains unchanged and through the lens of view many weeks / months the yellow metal remains in a consolidation phase. Through the lens of view like this, buy gold on the way down is still reasonable but performed only during a "bullish reversal" per day or per week. So the key is not blindly buy gold only because gold has broken through the basic end of the trading range, but waiting for the release of the signs of fatigue sell and exit signs are clearly visible from a purchase. Line support between $ 1300 and 1315 should be maintained.

The price of CPO in Malaysia commodity exchanges in trading Friday (26/08) was observed to fall. A weaker CPO prices this afternoon triggered by weakening of crude oil in the Asian trading session. The decline in crude oil prices to trigger negative sentiment that makes CPO price in the downward trend. The weakening in crude oil prices make alternative fuels such as those made of CPO declined his request. Crude oil prices dipped in early trade on Friday (26/08) in the Asian session with fading hopes of freezing production after Saudi Arabia's energy minister insisted there was strong market intervention is required by the manufacturer during talks next month. CPO price most active contract on the commodity exchanges Malaysia today seems weakened by -13 ringgit or -0.5 percent and traded at 2,548 ringgit per tonne. Therefore, it is estimated that the price movement of CPO futures at the next trade will pay attention to the movement of crude oil prices, which if it continues to weaken will push the price of CPO. Price movements can also be affected by currency movements Ringgit and the global supply and demand conditions. CPO futures contract prices on commodity exchanges November 2016 Malaysia has the potential to test the support level at 2,500 ringgit . While the level of resistance to be tested if there was a strengthening at 2,600 ringgit.

Crude oil prices dipped in early trade on Friday (26/08) Asian session with fading hopes of freezing production after Saudi Arabia's energy minister insisted there was strong market intervention is required by the manufacturer during talks next month. As a result of this case crude oil price of West Texas Intermediate (WTI) fell 7 cents to $ 47.26 per barrel. While the price of Brent oil traded at $ 49.55 per barrel. Saudi Arabia Energy Minister Khalid Al-Falih told Reuters on Thursday that "we do not believe that a significant intervention in the market is necessary but to let the forces of supply and demand to work," adding that "the market is already moving in the right direction". Members of the Organization of Petroleum Exporting Countries (OPEC) will meet on the sidelines of the International Energy Forum (IEF), between groups of producers and consumers, in Algeria from 26 to 28 September. The comments put a damper on expectations freezing production deal with the excess supply for more than two years. For it is estimated the price of crude oil at the next trade potentially weak if sentiment waning clotting production expectations continued to strengthen. However, if the US dollar continues to weaken ahead of Yellen's speech in Wyoming, could lift oil prices. Prices are expected to penetrate the support range of $ 46.80 - $ 46.30, and if the price will go up through the resistance in the range of $ 47.80 - $ 48.30.

Euro is strong because the market see that is the way they are. If their economy start to crumbling only few who still believe in EU or if EU crumbling you will see that thing will happens to the market itself. EURO is great because there are some big countries behind them such as France, Italy, and Germany. Not to mention turkey as growing power also joins them.

I don't see any correlation of your posts with this thread, but let me tell you forex and gambling has some similarity which makes them looks like, the speculation and guessing is closely related, even i must admit that speculation is more accurate and more scientific and has its ground than just guessing which make fx somehow legit.

Don't forget to be low profile, don't be arrogant, focusing on trading, make sure that you always think of how to manage the risk before thinking about the profit because it is better to get small profit than huge loss, also be realistic, i never cannot stress how much is this , you need to be realistic with your target. I think growing $100 to $1000 in one week is pretty much impossible.

It is just copying the social trading into forex trading, it is like social media plus forex trading nothing breakthrough about it and if earning money in forex is pretty much easy through that way then why big brokers don't use it? Why they don't apply all the copy trading to their platform so we can use it out of the box?

Who will be crazy? I am not crazy buddy but let me tell you spend your time in demo account will give us better environment to trade, as this will lower your change to lose. I must admit that it will waste your time but do it right you won't waste any single drop of your time in here, i can say it is good place to learn and experimenting.

I thought this one is dead because that there are few representatives here. It should be bad thought i have here but payweb surely one of the best but not into my standard because it is not widely accepted by exchangers in my country and what is the use of Payweb if there aren't lots of exchangers accepted payweb as one of the payment processor?

Let me elaborate what i mean as alternative. The alternative which i mean is that where you can substitute paypal for around 80% of your commercial activity which conducted through paypal. Payeer is not up to it even i must admit that each days payeer is keep growing more and more thus make it more formidable then other typical payment processor.

I also want to use it for STEAM but that is not possible, why? Because if you try to check it throughly you will find that my country is not accepted for that Webmoney payment. My country right now is Indonesia so i cannot use Webmoney for steam, maybe you should check it too where do you come from and is Webmoney acceptable in Steam through your country. At first when Webmoney accepted by Steam i am quite surprised.

Pound exchange rate movements in the Asian session moving weak against US dollar, after opening lower at 1.32300 in early trading (0000 GMT), and now GBPUSD seems having some bullish sentiment from the market. Pound naturally do a profit taking on Asian session after a successfully rally for 4 consecutive days ignoring the fundamental strength of the US dollar. Profit taking in conjunction with the global market optimism will be a strong hint Fed rate hike at the meeting of the Jackson Hole Symposium which begins today. Technically it seems that GBPUSD expected to decline further to around 1.32075-1.31823, but when it comes to the range, it can happen upside correction towards the range between 1.32700-1.32952 . So based on that fundamental analysis and some issue about this currency then it could be estimated that the normal range of GBPUSD pair is estimated to have the support level at 1.31590 and the resistance level at 1.33452.

That is make sense they provide something like that because as far as i know many newcomers or even experts still need demo account. Forex is vast and keep growing and just less than 40% of total population in the world that actively trade in foreign exchange. My own thought about this one is that demo account is a good place to do nearly anything one trader need

I agree with you sir, just because we are on the top then without considering we prefer to invest more and more. There is a trick for that. Investment means that we must get return all of it plus some profit on it. Anyway, this forex is popular now and i don't see any reason why people shouldn't join beside of that so called risk, but as long as we able to manage it then it won't be an issue.

That is all up to anyone who want to trade with it, side job or main job doesn't change the fact that we must be careful with our trading, also we need to remember that foreign exchange is a risky business and one wrong step you could be done with your account despite of your view about fx as main or part time job.

I would not allow myself once again to be alluded with greedy, i know greedy is good sometimes especially to make double profit and i've been done that few times before which gives me nice result, but letting this kind of emotions to overwhelm us is a bad idea. I would prefer to control my emotions including this one.

Long black shadow of a speech on Friday in Jackson Hole sparked gold investors to move to the edge and even take action sales. That is the expression of a thought that says Yellen will give a hint that interest rates will be raised sooner the better. However, we are not sure. Yellen, like most other Fed chief before him, holding on to the script of the minutes of the previous meeting. The decline in gold prices yesterday walked with the strengthening dollar makes the price of gold becomes cheaper. However, not all the causes of the decline in gold prices yesterday. There are more bearish tone also affect the decline in gold prices yesterday. West Texas Intermediate crude fell as much as 3% and seeks to recover slightly towards the afternoon trading. With the economy will begin symposium in Jackson Hole Wyoming tonight, all eyes focused on US dollar. After raising interest rates for the first time in a decade in 2015, the Fed became a bit quiet. However, on this night, expectations began to rise this week in anticipation of a speech that "hawkish" of Yellen in Wyoming. If indeed it is the case, then the price of gold on the resistance could be a point to be seen where there will be a recount of the classic price with market expectations forced to confront the reality is the opposite.

Yen's price until the European session on Thursday (25/8) has been rebounded strongly sought after since the previous trading day until the Asian session weakened by the strength of US dollar. Technically, the movement of the USDJPY pair is very weak, but it is fundamentally tonight economic data to sustain the data is mixed. Yen tried to strengthen even though the global market was expecting a new signal for further Fed rate hikes of Janet Yellen's speech at the Jackson Hole Symposium event that starts tonight. The dollar will strengthen again if tonight there is a strong signal for Fed rate hikes this year. The movement of the yen in early European session (10:00:35 GMT) strengthened against the US dollar, USDJPY opened higher at 100.44 in early trading (0000 GMT) fell slightly and the value pair rolling at 100.40. For the movement of the pair until the end of the evening session trading potentially strong, so USDJPY pair dropped to the range of 100.22 to 99.98. But if it is not up to that range, then the pair can rise back to around 100.80.

The price of CPO in Malaysia commodity exchanges in trading Thursday afternoon (25/08) observed weak. The drop in CPO prices this afternoon triggered strengthening Ringgit exchange rate against US dollar and weaker crude oil prices. Strengthening Ringgit makes the price of commodities traded in the currency is becoming relatively more expensive for overseas buyers so demand decreases. The decline in crude oil prices to trigger negative sentiment that makes the price of CPO in the downward trend. The weakening in crude oil prices make alternative fuels such as those made of CPO declined his request. CPO price most active contract on Malaysia bourse today seems weakened. The November 2016 contract price which is the most active contract ringgit depreciated by -42 or -1.6 percent and traded at 2,558 ringgit per tonne. CPO futures prices at the next trade may decline with the potential for strengthening ringgit. Price movements can also be affected by movements in crude oil prices, global demand and supply conditions. CPO futures contract prices has the potential to test the support level at 2,510 ringgit. While the level of resistance to be tested if there was a strengthening in a position 2,610 ringgit.

Crude oil prices extended losses in late trading on Thursday morning, due to an unexpected rise in US crude inventories that reignited concerns about a supply glut that has weighed on prices over the last two years. US crude oil inventories rose 2.5 million barrels to total 523.6 million barrels in the week to August 19 due to declining refinery inputs and gasoline production fell, according to the Energy Information Administration (EIA). The price of West Texas Intermediate crude oil (WTI) fell at $ 46.77 per barrel. Crude futures global benchmark Brent fell 93 cents at $ 49.03 a barrel, after touching an intraday low of $ 49.07. Brent surged above $ 50 in the previous session after Reuters reported that Iran has sent a positive signal that the state can support joint OPEC action to prop up oil prices. Growth in demand for crude oil has been driven by strong Chinese independent refiners, which began importing crude oil last June after receiving crude oil import quotas and licenses from the government. But Beijing's crackdown on alleged tax evasion in the oil industry, threatening to hit Chinese demand. It looks like the price of crude oil at the next trade potentially weak with potential supply glut concerns and pessimism freezing production meetings. Prices are expected to penetrate the support range between $ 46.30 - $ 45.80, and if the price rises will penetrate resistance range of $ 47.30 - $ 47.80.

Euro exchange rate movements in the Asian session moving strongly against US dollar, after opening lower at 1.12629 at the start of trading. It seems the movement of EURO on Asian session amid consolidation moves prudence global market awaits new clues for a rate hike from the Fed Janet Yellen at the Jackson Hole symposium which starts tonight. But entering the European session a strong move that received a positive sentiment of economic data later this afternoon's German business climate by the IFO survey, which this data will be the data show that increased from the previous period. Technically, EURUSD is expected to rise in the range 1.12840-1.13003, but if it happens corrections can descend towards the range 1.12509-1.12381. Support at 1.1223 and resistance at 1.13172.