Anna Mon

Fundamental analysis from New Forex: The Asia-Pacific region Orders for the Japanese machine equipment fell to its minima of seven months that indicates the prospects of reducing capital expenditures. For today, indexes in the region are traded only with a minute increase accepting its attention comments from Trump in the relation of trade policy and performance of FRS officials this week. The MSCI index added 0.1% while the Japanese shares lost 0.3%. Wall Street indexes are traded in different directions: Nasdaq Composite added 0.5%, S&P 500 grew up by 0.2% and Dow Jones weakened for 0.3% because of the weakened demand for manufactured goods. The Australian ASX and TSX in Canada added 0.5%. In November orders for the Japanese machine equipment dropped by 5.1% in comparison with October indicators which considerably exceeded its average forecasts at 1.7%. The dollar grew up by 0.2% to the level of 101.390 relatively to its two-month maxima against a basket of principal currencies but it is traded more weakly than the Japanese yen, at the level of 114.24. The Japanese yen consisting in highly notable correlation with the stock index of Nikkei grew up against the majority of principal currencies having limited the trade potential of exporters. The Canadian and Australian dollars hold defensive positions against the background of low demand in the raw markets. The markets are concerned by the future inauguration of Trump during which the prospects of new administration trade policy can clear up including the relation of the Asian region and corresponding rates. Fundamental analysis from New Forex: Europe For today, the European stock indexes are traded quite inertly with a turn on bank shares and continuously growing British FTSE on the agenda. In the European markets with new forces there is a Brexit-panic connected with the speech of the prime minister of Great Britain, Theresa May approaching this week within which she will inflame the set of certificates towards «hard landing» of regional economy following the results of a gap many trade relations with the single market. Earlier on Friday the all-European Stoxx Europe 600 closed with growth at 0.6% while the European bank index grew up by 2% which was promoted by prospects of an interest rate development in the USA while the European index of car makers grew up by 0.8% having recovered after scandal over the Fiat Chrysler and the nature protection organizations. The chief executive of Fiat declared that the broken laws of emissions won’t have any influence on the purposes of the current business plan of the car maker. The British pound is traded at the level of its three-months minima because of feeling anxious about Brexit and speech of the Bank of England head Carney which will take place today and most likely will be bearish in the relation to monetary policy. The European currency weakened against most of its competitors and is traded at the level of 1.0610 against the greenback. The Swiss franc is still stable and received a boost for growth because of growing prices on gold which opened with a surplus in 0.5% today. This week world trade promises to be weak waiting for more exact reference points of development which can emerge after the inauguration of the newly elected U.S. President on Friday. NewForex Analyst Alex Vergunov The Biggest Divorce of the year This year the divorce proceedings between the U.K. and the European Union’s will begin. It’s the end of a four-decade relationship. What has happened? In June 2016, British voters insisted on the referendum ending up with a breakup. Still there’s no blueprint of how to unwind the relationships. What is going to happen next? The U.K. Prime Minister Theresa May set a deadline, after which the two sides are supposed to have two years to reach a settlement. It can easily drag on even to the next decade. The U.K. Prime Minister Theresa May hasn’t specified what she wants to achieve, but she has sent signals that her priorities are: immigration control, getting out of the European courts jurisdiction and cutting back or eliminating money to Brussels. She may even will to give up access to the bloc’s single market for goods and services. On the other side of the bottle, the EU leaders have warned Theresa May that she won’t be able to participate in tariff-free trade without allowing the EU citizens to work and live in any country that’s a member of the club. Showing that the government knows just what it’s up against, Brexit Secretary David Davis has described the talks the most «complicated negotiation of all time». NewForex Analyst David Fineberg

Forex News from New Forex: Technical analysis of EUR/USD The trades on Monday proceed with small decline in the rate during the Asian trading session and the price remains within the current levels of support at 1.0601 and resistance at 1.0647. General medium-term and long-term tendencies keep a bullish spirit since December 12 of last year that is confirmed by moving averages with the period of 20 and 55 which surely grow. For today depreciation of single European currency is expected in the short term. The MACD histogram though is in a positive zone that confirms the serious ascending potential of this market but began to reduce and left below the alarm line creating a signal for sale. The Stochastic oscillator decreases and creates a similar signal while the %К line is lower the %D line. Forex News from New Forex: Technical analysis of GBP/USD The sterling has updated its historical minima against the greenback again. For today while opening the trades in Asia the fall constituted 101 point and the price continues to fall. At hour time frame the chart fell much below than moving averages with the period of 20 and 55. The MACD histogram is in a negative zone having fallen below the alarm line that is a management for an entrance to the market with short positions. The Stochastic oscillator decreases and enters an oversold zone having created a similar signal for sale while the %К line is lower than the %D line. Forex News from New Forex: Technical analysis of USD/JPY During the trades in Asia the Japanese national currency continued to strengthen against the greenback returning quotations to the level of the first days of last year’s December and now it is traded within the closest levels of support at 114.01 and resistance at 115.61. On the four-hour chart the technical analysis mainly bearish one which is confirmed by the MACD histogram which is in a negative zone and reached today the level below the alarm line that is a signal for dollar sale. The Stochastic oscillator decreases in an oversold zone and gives a similar signal. Forex News from New Forex: Technical analysis of USD/CHF On Monday, at opening of the trades in Europe, in the short term, the pair is traded with a small advance in price remaining within the closest levels of support at 1.0075 and resistance at 1.0167. The long-term trend remains bearish. On the four-hour chart the MACD histogram remains in a negative zone that indicates the remaining bearish potential of the market, but appeared to the area above the alarm line. The Stochastic oscillator also gives a signal on purchase of dollar against Swiss franc as the %К line is higher than the %D line. NewForex Analyst Sara Rosenstein

Completion of the promotional action "Welcome" Dear clients of the company, We report you that our promotional action «Welcome» during which the client who opened the First Stream bonus account could receive $50 for trading came to a full stop. The clients who joined this promotional action till 15th January, 2017 remain its participants. We care for our clients and constantly gain efficiency of our services. For this reason the creative team of NewForex company prepares for you new and at the same time interesting offers. Сheck out our latest news and we wish you a happy trading! With Best Regards, NewForex Group Department of Information The change in the tender schedule in connection with celebration of the Martin Luther King Day in the US Dear clients and partners of the company, Please, pay attention to the following trading schedule for the period of the celebration. The schedule of NewForex Dealing Department on 16 January 2017. Early closing on the following tools: metal spot XAGUSD closing at 19:30; metal spot XAUUSD closing at 19:30. There will be no trade on the group of the CFD tools. In the schedule there is a server time of GMT+2 (it is displayed in the trading terminal). The changes in the timetable carry an informational nature and can be corrected. With Best Regards, NewForex Group Department of Information Online consultation on the NewForex website Dear clients of NewForex company! Recently on our website we added chat for online consultation. It is the most convenient and operational way of getting answers about services and offers of NewForex company. Consultation is available on Russian, English and Indonesian languages during working hours of the company. The widget of the chat is available in the lower right corner of the website. With Best Regards, NewForex Group Department of Information

Fundamental analysis from New Forex: The Asia-Pacific region The greenback continues its fall as the taken place Trump’s press conference left many questions without answers for example such as taxes and fiscal policy. The majority of the stipulated questions concerned world trade and a commercial competition were differently displayed in the markets today. So approximate data on rates for the Chinese export pushed the Asian markets up and competitive views of the pharmacological prices undermined the European funds. The MSCI index in the region grew up by 0.63% to its three-months maxima while Shanghai Composite extended for 0.24% and the Japanese Nikkei weakened for 0.92% as the yen got stronger against the background of weak greenback that limited competitiveness of the export companies. Wall Street indexes added from 0.3 to 0.5% while the Australian ASX lost 0.1% and the Canadian TSX added 0.4%. The American dollar continues to dive down showing especially high volatility in recent days. The index of US dollar lost 0.3% and fell to 101.520 — its three-months minima while profitability of treasury bonds fell to 2.334% — minima of October. The Australian dollar grows because of rally on the share of mining companies and here the Canadian dollar trades below most of competitors because of weak oil prices. Fundamental analysis from New Forex: Europe The growth of European stock indexes was on the сhopping bloc after Donald Trump during the press conference repeatedly emphasized the dissatisfaction with a price competition on drugs that led to fall of the European health indexes. For today the European health funds lost 0.74% whereas the all-European Stoxx 600 was closed with losses in 0.22%. Meanwhile, the British FTSE opens new record maxima with a surplus in 0.2%, French CAC lost 0.3% and German DAX weakened for 0.1%. Euro is traded at the level of 1.0602 against the American dollar while the British pound remains unstable to the competition however nevertheless could jump aside from its 10 weeks minima from $1,2048 to 1,2203 against US dollar. The Swiss franc still uses attention of hedgers and the recovered rally to gold that supports him above most of main competitors. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Thursday the pair continues its attempts to overcome the corner of 1.0625-55 which contains the further growth of a rate for the last two weeks. The trades proceed within levels of support at 1.0593 and resistance at 1.0653. The MACD histogram is in a positive zone and above the alarm line, the confirmed signal is on a purchase. Moving averages with the period of 20 and 55 went straight up. The Stochastic oscillator is in an overbought zone but grows and creates a similar signal, the %К line is higher than the %D line. Forex News from New Forex: Technical analysis of GBP/USD On Thursday the pair is traded with a small advance in price and serious bullish potential continuing its growth which began on Tuesday. The levels of support and resistance are the relative marks of 1.2243 and 1.2334. For today we can observe on the four-hour chart moving averages which developed straight up, the MACD histogram is in a negative zone but above the alarm line and gives a signal on purchase. The Stochastics oscillator is in a neutral zone and also created a similar signal with the %К line higher the %D line. Forex News from New Forex: Technical analysis of USD/JPY On Thursday the trades on this currency pair proceed with reduction in price and obvious bearish potential within the closest levels of support at 113.66 and resistance at 115.27. The technical picture on the chart schedule differs in benefit of bears. The MACD histogram is in a negative zone and below the alarm line gives a signal for sale. The Stochastics oscillator in an oversold zone also gives a similar signal the %К line is lower than the %D line. Forex News from New Forex: Technical analysis of USD/CHF On Thursday the pair is traded with reduction in price and a bearish spirit of participants of the market. The rate remains within the closest levels of support at 1.0080 and resistance at 1.0191. The technical picture on the four-hour chart is obviously bearish and the market continues to test the current level of support. The MACD histogram is in a negative zone giving a signal for sale, the Stochastics oscillator creates a similar signal and is in an oversold zone. NewForex Analyst Sara Rosenstein

Fundamental analysis from New Forex: The Asia-Pacific region Tonight the press conference of the U.S. President Donald Trump will take place. It will be for the first time since elections and as it is expected it can turn the markets upside down. During the conference some strategic objectives in the relation to tax policy, trade and budgeted expenses will become clear. Today many participants of the markets are forced to reckon with protectionist sentiment in the American economy which can undermine world trade both in short and in the long term. In the region MSCI Index is traded near its November maxima with a surplus in 0.42% while Japanese shares grew up by 0.4%, and also traded at the pre-election levels of November. Speaking about Wall Street shares are traded with almost zero surplus as investors are afraid of opening line items on traditional assets in anticipation with important political news. In Australia and Canada the ASX and TSX indexes were closed with 1.9 and 2.4% of a surplus. The greenback suffered from the weakening profitability of the treasury bonds which spread out from 2.64% of its two-year maxima. The dollar is traded at the level of 116.10 against yen near a three-week minimum in 115.06 which it reached earlier on the 6th of January. The dollar index also departed from its early 14-year maximum in 103.82 which was reached the 3rd of January. Fundamental analysis from New Forex: Europe The stock indexes grow in Europe, with leading retail companies and also thanks to rally on precious metals and shares of mining companies. Nevertheless, the European growth is limited by the weakened financial sector particularly in such countries as Italy, Greece and well-developing European currency. The all-European Stoxx 600 index grew up by 0.1% while the British FTSE 100 updated its record maxima with a surplus of 0.5% to level of 7.28481 points. The French CAC 40 is at a zero mark while German DAX added 0.2%. Insurance and bank industry indexes dropped by 0.6 and 0.1% relatively with lowering in 0.7 at Commerzbank and for 2.4% at Deutsche Bank. In Lisbon Banco Commercial Portugues fell 11.3% to record-breaking low levels. Euro is traded at the level of 1.0543 against the greenback with a surplus in 0.1%. The American dollar spread out earlier because of hedge moods in the markets while the British pound caught a tendency for growth of traditional assets and fell to 2-1/2-month minima in 1.2107 from the level of 1.2166 against US dollar. The Swiss franc still cuts profit from hedgers, meanwhile receiving a boost from rally on precious metals. We relatively expect Trump’s press conference and new trade reference points later on today. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Wednesday the trades on this currency pair proceed in different directions. After the end of trades in Asia there are bearish moods of its participants which dominate in the market. It is necessary to undermine that following is the results of Tuesday trading session in the corner of 1.0615/25 with strong level of resistance. The current rate is clamped between moving averages with the periods of 20 and 55. On the four-hour chart the MACD histogram is located in a positive zone but below the alarm line continuing to decrease that indicates formation of a signal for sale of single European currency. The Stochastic oscillator of Stochastics is in a zone of an oversold and creates a similar signal. Forex News from New Forex: Technical analysis of GBP/USD On Wednesday the trades on this currency pair proceed with small increase but the price remains within the closest levels of support at 1.2141 and resistance at 1.2281. The chart is located much below than moving averages with the period of 20 and 55 which are directed down and decrease. On the four-hour chart the MACD histogram is in a negative zone creating a signal for sale of the British pound. The Stochastic oscillator is located in the central area and also creates a similar signal, the %К line crosses the %D line top down. Forex News from New Forex: Technical analysis of USD/JPY At the trades on Wednesday it is observed correction of the price and this market is consolidated in the field of support at 115.21 and resistance at 116.56. On the four-hour chart the MACD histogram still remains in a negative zone and creates greenbacks signal on a purchase. The Stochastic oscillator reached border of an overbought zone and gives a similar signal, the %К line is higher than the %D line. Forex News from New Forex: Technical analysis of USD/CHF On Wednesday this currency pair is traded in different directions remaining within support levels at 1.0165 and resistance at 1.0285. The current rate is clamped between moving averages with the period of 20 and 55 which slowly grows and approaches. On the four-hour chart the MACD histogram is in a negative zone and directed up creating a signal on purchase of Swiss franc. The Stochastic oscillator approached an overbought zone of and creates a similar signal while the %К line is higher the %D line. NewForex Analyst Joseph Schwartz

Fundamental analysis from New Forex: The Asia-Pacific region The US dollar unexpectedly appeared under pressure during an Asian session. Being traded with a quite good surplus at the beginning of the session the dollar started to rise later and began to fall, having lost 0.3% against main competitors. Both the Australian and New Zealand dollars together with Japanese yen and euro became stronger on these news. The Asian markets are stable, meanwhile the prices of the Chinese producers grew because of the strengthened staple prices. The MSCI index in the region grew up by 0.3% while the American indexes were closed in different directions: Nasdaq Composite added 0.19%, Dow Jones and S&P 500 decreased by 0:35 and 0.38% relatively. The Canadian TSX and Australian ASX decreased by 0.7 and 0.8%. Shanghai Composite lost 0.2%. Today oil prices grew up by 0.12% on the average. The US dollar weakened in relation to the basket from six principal currencies having lost 0.3% on an index and having fallen to the level of 101.64. At the same time the greenback is traded poorly against the Japanese yen at the level of 115.585 expecting Trump’s press conference which will be the first one since elections. The Australian dollar became stronger at the level of 0.7367 against US dollar and the Canadian weakened to 0.7565. Today we also expect news from the labor market which can show bullish moods on the American dollar and affect market moods in general. Fundamental analysis from New Forex: Europe Meanwhile, representatives of the EU declared that Britain won’t be able to provide necessary 500 million external consumers to the market without accepting the principles of free economic and political movement. Similar moods pressed for the British pound sterling having provided growth of FTSE 100 to record maxima. In general the European indexes are traded poorly because of severe losses in the banking sector developed after positive start at the beginning of a year. Pan-European Eurofirst 300 decreased by 0.35% while the banking sector weakened for 1.7%. But in general the sector grew within the last weeks because of hopes for a financial incentive counting upon January 20 promising growth of bond yield because of Trumps inauguration. Gold became stronger because of the growing interest in a hedging having added 0.3%. Euro became stronger against US dollar at the level of 1.06075 having added 0.3% while the British pound is traded at the level of its two-month minima having taken defensive positions against all principal currencies. The Swiss franc traditionally grows because of special attention to hedging instruments of financial risks and is traded with a 0.03-% surplus against competitors. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Tuesday the trades proceed with a strong benefit of bulls. The market tests resistance is about a mark of 1.0608. It is necessary to notice that in the corner of 1.0525 there was formed a stable and strong support. The technical analysis on the four-hour chart confirms an overwhelming benefit of bulls. The MACD histogram is located in the positive angle, above the alarm line and grows creating a strong signal on purchase of euro. The Stochastic oscillator is in an overbought zone and gives a signal on purchase as the %К line is higher than the % line. Therefore, in the short term we can expect continuation of this market growth with the potential purposes for bullish strategy in the area 1.0625.75. Forex News from New Forex: Technical analysis of GBP/USD At the trades on Tuesday there is a considerable consolidation of the price in the area of 1.2110 — 1.2167. The mood of participants of the market has obviously bearish potential. On the four-hour chart the Stochastic oscillator gives a strong signal for sale of sterling as the %К line crosses the %D line top down. Forex News from New Forex: Technical analysis of USD/JPY The trades on Tuesday differ in bearish potential among participants of the market. The rate resumed movement down and the market was fixed below the Ichimoku cloud. Thus the purpose for the descending movement is the first level of support at 115.35 which was tested more than once. The level of 116.98 acts as resistance. If the price is fixed above the Kijun-Sen line (116.83) the descending movement will be cancelled and the closest level of resistance will become the purpose. The MACD histogram is directed down giving a signal for sale. The Stochastics oscillator is in an oversold zone at the stage of signal forming. Forex News from New Forex: Technical analysis of USD/CHF On Tuesday the pair resumed its descending movement having jumped aside from Ichimoku cloud. The purpose for the descending movement acts the closest level of support at 1.0022. Relevance of the participants of the market bearish spirit should be considered until the price is below the Kijun-Sen line (1.0188). The MACD histogram is located in a negative zone and gives a signal for sale. The Stochastics oscillator of is close to an oversold zone and created a signal for sale, the %К line is lower than the %D line. NewForex Analyst Sara Rosenstein

Fundamental analysis from New Forex: The Asia-Pacific region Expectations in the relation of U.S. Fed support rising rates a tendency to growth of dollar while the Asian market releases the equity to joy of the European shares and American treasury bonds where profitability of two-year bonds grew up to 1,21% having come off the minimum of 1.17% which reached earlier on Thursday. MSCI in the region added 0.5% while the Australian and Canadian markets added 0.9% and lost 0.6% relatively. Wall Street indexes are traded in the positive territory, despite strong dollar: Nasdaq grew up by 0.6%, Dow Jones and S&P added 0.3%. Investors are very cautious before Trump’s press conference on Wednesday which can force investors to fix profit. Meanwhile the US dollar grows in quality of critical threat for Asian assets, extending the equity and toughening fiscal policy on a global and economic background. At the same time the Australian dollar got stronger because of the renewed rally on the share of mining companies and the Canadian colleague sank against the majority of principal currencies because of the developed oil prices. Oil futures dropped on average by 0.3% because of strong dollar and the growing doubts that members of OPEC will adhere to the agreement on reducing production amounts in the current time. Fundamental analysis from New Forex: Europe The European stock indexes opened a week with growth which is promoted by capital outflow from the Asian region to safe assets — precious metals, cyclical stock and perspective bank shares as peripheral, and in the developed markets. At the same time the British shares grow already more than a month, mainly because of weak pound sterling. The all-European Eurofirst 300 is traded near its month maxima and added more than 10% since November because of the dragging-on global tendency on fiscal policy. Meanwhile, capitalization of the companies gold miners grows which is connected with growth of capital costs of many industry members — for the purpose of compensation of the exhausted inventories. But in general growth on gold remains limited because of strong US dollar. The European currency is traded near its six-months maxima above most of competitors. However, it yields to the American dollar at the level of 1.0534 while the Swiss franc became stronger against the background of the short-term rally for gold. The British pound is the weakest than main competitors, but supports by that growth of national exporters — already the fifth week in a row. The European shares promise to grow if the dollar will remain strong further. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Monday the couple is traded with a small bearish spirit of the market participants remaining within support levels at 1.0481 and resistance at 1.0579. The MACD histogram is in a positive zone and goes down having created a signal for sale of single European currency. The Stochastics oscillator is in an oversold zone and also creates a signal for sale, as the %К line is located below the %D line. Forex News from New Forex: Technical analysis of GBP/USD On Monday the currency pair is traded with an overwhelming bearish spirit of market participants. Quotations were fixed much below than moving averages with the period of 20 and 55. The MACD histogram fall below the central line and entered a negative zone giving a signal for sale of sterling. The Stochastics oscillator entered an oversold zone and created a signal for sale, the %К line is below the %D line. Forex News from New Forex: Technical analysis of USD/JPY On Monday the trade on this currency pair proceeds with a small increase and the price remains within the closest levels of support at 116.04 and resistance at 118.17. The market remains above the Ichimoku cloud thus the signal for sale is still weak. The MACD histogram appeared to the positive area above the central line but its growth was slowed down. The Stochastics oscillator is located in an overbought and created a signal for sale. Forex News from New Forex: Technical analysis of USD/CHF At the trades on Monday, the pair remains within the current levels of support at 1.0133 and resistance at 1.0225. In the short term the mood of markets participants is moderately bullish, the MACD histogram remains in a negative zone and gives a signal on purchase. The Stochastics oscillator is in an overbought zone and also formed an identical signal, the %К line is higher than the %D line. NewForex Analyst Luigi Campo

Fundamental analysis from New Forex: The Asia-Pacific region The US dollar is traded near its 14-year maxima against the optimistic background of the global economic data which affected the Wall Street. The strong dollar limited growth of the raw market but helped the Japanese exporters to enter long rally in the stock market towards the largest growth for the last two months. In the first trading day of year the Nikkei index grew up by 2,53% and now it is at the highest level since December 2015 that was promoted also by the factory data which showed considerable acceleration last year. The MSCI index grows already the seventh session in a row with a surplus of 0.2% today. China is kind to corresponding moods, the eurozone and the US have also the same feeling. The index of global investment activity from Barclays grew to the highest level since December 2013. The dollar was traded at the level of 103.82 against the basket of principal currencies on maxima of 2003 before fixing the profit from investors pushed it back to level 103.32. Owing to weak activity for JPY the currency of the US grew up to 118.11 having faced levels of resistance at 118.60/66. Also there are news on Mexican peso which is traded at the lowest level against US dollar. Fundamental analysis from New Forex: Europe The European shares grow with the leading financial and commodity sectors, blue chips of Great Britain beginning new year at record-breaking high level. Especially bullish FTSE served as a reliable support for the European market and investors expect that this tendency will remain. The sector of the main Europe resources and also an oil-and-gas sector grew on 1.3 and by 0.9% relatively because of active support of the primary goods prices. The all-European Stoxx 600 was closed with a 0.7-% surplus having reached the highest level since December 2015 having added 0.5% earlier on Tuesday closing at the level of 7.17789 after an early rally till 7.20545 respectively on the same day. Finance companies were allocated as leaders of growth with growth of 2.8% on the all-European index being closed above its annual maxima at the same time. Profitability of the German 10-year bonds grew up by 10 basis points to two-week maxima in 0.29%. On Tuesday, in the goods markets oil prices were stabilized after lost more than 2% having returned 40 and 43 cents — WTI and Brent relatively. Euro is traded at the level of 1.0402 against US dollar having returned from its minima 1.0342. Depreciation of euro goes despite jump in profitability of domestic bonds after official sources certified growth of the German inflation to the highest levels since January, 2014. NewForex Analyst Alex Vergunov

Fundamental analysis from New Forex: The Asia-Pacific region The Asian stock markets were closed in 2016 with positive disposition while the participants of the markets fixing profit pushed dollar and euro to its two-week maxima. Commodity trade deficit in the US extends and the labor market is overheated. The widest regional MSCI index grew up by 0.5% dispersing from Wall Street which suffers insignificant losses today. However, this year industrial Dow Jones added even 14% having shown the best growth in the region for the last four years. Thailand added 20% this year and the Japanese Nikkei weakened for 0.4% having lost nearly 22% this year and is traded near five-year minima. Gold is traded near two-week maxima, thanks to hedgers having added 0.1% to $1.15931 for ounce today, having headed for a 9.3-% surplus this year, having escaped at the same time from three-year minima. Oil prices grew up by 51% this year, and are traded near maxima of the beginning of 2015. This year, the US dollar grew up by 10.5% against JPY but managed to lose 0.2% today, being traded at the level of 116.44. The index of US dollar lost 0.35% today to 102.28 after it weakened for 0.6% earlier on Thursday. In general, the index grew up by 3.7% this year. The JPY closes year more weakly with decrease by 7.1% against US dollar. Profitability of treasury bonds in the USA completely changed a course for the last two weeks as investors looked for shelters from financial risks. Profitability fell to 2.4659 and trades slightly above the two-week minima which was reached during the trading session. Fundamental analysis from New Forex: Europe On Thursday, the British FTSE was closed at the highest level in the world against the background of rally on precious metals and higher prices of gold in spite of the fact that the weakened banks limited growth of the all-European index and holidays noticeably diluted global trade. The all-European Stoxx 600 index was closed with decrease because of weak appetites to risk. At the same time, the British shares added 0.2% being closed at the level of 7.12026 pips, record already the second session in a row and less than 10 points below than the historical maxima at 7.12983 reached earlier in October. Gold Miner Randgold Resources jumped up for 4.8% having shown the most large increase on the FTSE 100 index after gold reached two-week maxima because of the weakening dollar. Euro added nearly 2% today having shown the most large increase since November 8 before returning to a 0.6-% surplus and to be closed at the level of 1.0527 against US dollar. Today, the market is very sluggish: offers weakened and short-term players pushed euro and stopped having left common currency with 3-% decrease this year. The Swiss franc is stable and trades above the majority of currencies against the background of the growing demand for gold. But despite demand in relation to precious metals the European index of fixed assets dropped by 0.9% with considerable decrease in market value of copper and aluminum. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Friday, the pair is traded with a small bearish spirit of the market after night jump during the Asian session of the trades. The market updated the current levels of support and resistance having overcome level of 1.0500 and reached testing 1.0650. Now the flowing support is located around 1.0448 and resistance level at 1.0544. On the four-hour chart the MACD indicator of a discrepancy of moving averages is left in a positive zone and continues to grow giving a signal on purchase. Stochastic is in a neutral zone and creates a signal for sale, thus correction with kickback to the current level of support and an area of an arrangement of moving averages 20 and 55 is quite possible. The entrance to the market with long positions is most probable and higher than 1.0500 with the purposes of fixing the profit to the corner of 1.0550-70 with short positions lower than 1.0450 with the purposes 1.0430-10. Forex News from New Forex: Technical analysis of GBP/USD The strengthening of dollar against sterling which begun on December 14 fades away. On Thursday, weak statistical data on the US made the contribution to dynamics of the trades on this currency pair and now, on Friday, the sterling is traded within the current level of support at 1.2257 and resistance at 1.2291. In the long term the general trend remains descending. The market stays lower moving average with the period of 55 with support level of moving average with the period of 20. In the short term, the MACD histogram still remains in a negative zone but decreases and gives a signal on purchase of sterling. The Stochastic oscillator stays in a neutral zone and created an identical signal, the %K line is higher than the %D line. Forex News from New Forex: Technical analysis of USD/JPY On Friday, the pair is traded with a small bullish spirit in the short term and within support at 116.35 and resistance at 116.79 with attempts of testing of the last one. On the hour chart the rate was clamped between moving averages with the period of 20 and 55. The general long-term trend is clearly not determined so far but on the day chart it is possible to notice. Levels of Japanese purchase of the national currency approach to the price of 116.20 that can be determined as a platform for a rebound above. The level to sales can be the mark of 116.80 if the Central Bank of Japan doesn’t take the stimulating measures for depreciation of national currency. The technical analysis on the four-hour chart speaks well for growth of currency pair and further strengthening of the greenback against the Japanese yen. The MACD histogram indicates fortification of buyers strength and created the corresponding signal. The Stochastic oscillator develops with the %K line above the %D line that demonstrates strengthening of a consumer capability of bulls in the short term. Forex News from New Forex: Technical analysis of USD/CHF On Friday, at the beginning of the Asian trade session the greenback seriously weakened in relation to Swiss franc but since then it only partially recovered the line items and now the pair is traded within the current levels of support at 1.0172 and resistance at 1.0238. On the four-hour chart contradictory indications of indicators of the technical analysis are observed. The MACD histogram appeared in a negative zone and the signal for sale was also created. The Stochastic oscillator progresses in a neutral zone having created the signal on purchase which can be false. However, if to look at the day price chart the turn of the current trend for benefit of sellers is observed. Thus, correction in the current ascending market movement is possible. Therefore we don’t consider an entrance to the market with long or short positions until the price is return and won’t fixed above the critical Senkou Span line and Ichimoku cloud when force of warring parties becomes clearer while current level of support 1.0172 won’t be overcomed. NewForex Analyst Luigi Campo

Fundamental analysis from New Forex: The Asia-Pacific region The Asian markets suffer losses following Wall Street indexes which fell after investors began to fix results of weeks-long profit. At the same time by the end of a financial year and also as a result of profitability kickback of treasury bonds. The Japanese Nikkei lost 1.3% against the background of the strengthened JPY while Toshiba Corp lost 16% because of news about mass write-offs which led to decrease in credit ratings of the company. S&P reported about expectations of sharp reducing capital stock that it can undermine financial stability of conglomerate. The MSCI index in the Pacific Rim dropped by 0.19% however in some markets, for example in Australia there is a considerable surplus to 17-month maxima while shares in Shanghai added 0.2%. The Wall Street slightly sank: Dow dropped by 0.56% while S&P 500 lost 0.84% and Nasdaq Composite weakened for 0.89%. The US dollar lost 0.5% against JPY but is still 12% higher this month. Bonds of the USA showed record rally in combination with surprisingly great demand on 5-year-old earlier treasurer while profitability of 10-year bonds fell to the lowest levels in two weeks having lost 2,492%. Economic data are concentrated on the US, unemployment benefits and oil inventories. Fundamental analysis from New Forex: Europe Eurozone profitability is falling against the background of the concerns connected with destabilization of a bank system in combination with low investment activity which characterizes these days. The British pound loses because of the real estate market. Profitability of the Italian bonds falls against the weakness background of the basic indexes FTSE/MIB correlating with euro and the British pound. In general — investors are concerned by the Italian financial stability. At the same time tendency of participants to close line items in holiday time leads to delay of trade reactions in the markets. The expanding yield gap fixed euro at the level of 1.0450 against USD after approached maxima of two months at 1.2243. The British pound shared lot of common currency in relation to dollar but at the same time received a considerable rebound in Asia earlier and is traded at the level of 1,2200. In Great Britain housing prices promise to continue growth in 2017, however by much slower rates and according to the researches Halifax. The weak economy in combination with the low level of availability will entail reduction of sales. In the merchandise market oil loses because of growth expectations in US inventories — about 26 cents for $53,80 for barrel while Brent trades on 4 cents below for $56,18. NewForex Analyst Alex Vergunov

The NewForex company wishes you a Happy New Year! Dear clients and partners of the company, The NewForex team warmly compliments you on the coming New Year! On this bright and magic holiday we wish you pleasant emotions and joyful mood. We hope that 2017 will become the year of new achievements and bring only joy and happiness to all of us! We wish you not to lose self-confidence and not to be afraid of difficulties. Let all tribulations bypass you! We wish you to be on a hot streak all the time! Let the New Year bring you joy and material wealth! Best regards, Information bureau of NewForex Group The change in the tender schedule for the period of New Year’s celebration Dear clients and partners of the company, The schedule of NewForex Dealing Department: December 30, 2016 — early close of trading session. Trade will be performed on all groups of trade instruments in the regular mode till 19:00 northward timing-wise (GMT+2). January 2, 2017 — late opening of trading session. Trade will be resumed on all Forex tools from 9:00 northward timing-wise (GMT+2). Trade on group of the Metals and CFD tools won’t be made. January 3, 2017 and the next days — trading sessions will return to normal schedule. The changes in the timetable carry an informational nature and can be corrected. With Best Regards, NewForex Group Department of Information

Fundamental analysis from New Forex: The Asia-Pacific region For today, the regional stock markets grow headed by Wall Street condensing activity during the period between holidays. But in the majority participants of the markets are hedged against holiday risks and review investment portfolios in such days while the dollar became stronger against yen against the background of positive economic data from the USA. The MSCI index added 0.42%, the Japanese Nikkei lost 0.05% having been late in defensive line items. The Australian shares grew more than by 1% because of rally for primary goods while the Indonesian assets added 1.9% and Shanghai lost 0.1%. The Wall Street grows: industrial Dow added 0.06% while S&P 500 and Nasdaq Composite grew at 0:22 and 0.45% correspondingly. In December, The American dollar became stronger at the level of 117.670 against the JPY having added 0.25% against the background of the growing consumer activity which showed the best results for the last 15 years. CAD also became stronger because of rally on primary goods and AUD was by the same token beaten out in leaders of growth today having overtaken all main competitors. Later on today we expect data on contracts from the real estate market which as expected can specify the bullish direction for US dollar. Fundamental analysis from New Forex: Europe In Great Britain the number of private house on individual household was reviewed on lowering from Resolution Foundation to 51% in a section with official assessment in 64%. RF analysts proved recalculation by the fact that many house owners are inclined to accept lodgers or to lease apartments that led to errors in official statistics. At the same time the European Central Bank agreed to allocate €8.8 billion for recapitalization of one of the largest and at the same time the oldest Banks of Italy — Monte dei Paschi. The European stock indexes were closed with growth earlier. On Tuesday, the British FTSE 100 added 4.49 pips or 0.06% to the level 7,06817 while French of CAC 40 grew at 8.60 points or 0.18% and is traded at the level of 4,84828. German DAX added 22.31 pips or 0.19% to the level of 11,47224, and the Switzerland market index of Switzerland grew up at 26.81 points or 0.33% to the level of 8,25945. Altogether the all-European Eurofirst 300 was closed with a surplus of 0.11%. For today, the European currency grew up 0.1% against US dollar and is traded near the level of 1,04662 whereas the British pound having recovered from the early losses received at the beginning of a week recovered 0.2% and traded at the level of 1,22902. The Swiss franc is stable and trades above most of its competitors. The strong demand for primary goods grows day by day and many economists expect that this tendency will dominate in the markets at the beginning of 2017. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Wednesday, we can observe continuation of slow but stable strengthening of single European currency against the greenback is expected. For today the slow growth which began on December 20 continued during the Asian trading session. The market tests the closest level of resistance at 1.0469 once again meanwhile the price remains within support at 1.0434 and strong resistance in the corner of 1.0490. On the four-hour chart the technical analysis of the market is characterized by the ascending potential. Redistribution of forces between buyers and sellers is almost complete, the moving average with the period of 20 crossed average with the period of 55 from below up. The MACD histogram is at a zero mark and moves along time axis. Stochastic is in an overbought zone and creates a signal on purchase, the line %К is higher than the %D line and both are growing at the moment. Forex News from New Forex: Technical analysis of GBP/USD On Wednesday, during the Asian trade session the sterling was traded with small strengthening against the greenback. On the four-hour chart it is possible to see that this market found intermediate support at 1.2243 and now the price, rests against resistance on a mark 1.2292 having made a start from this local level. Concerning technical analysis in the short term, the MACD Histogram remains in a negative zone, but today gives a signal on purchase. The Stochastic oscillator is in a stage of growth and approaches an overbought zone, creating a signal for an entrance to the market with long positions. Continuation of the ascending tendency is possible if the price will be fixed above the current level of resistance. Then we will be able to see the growth up to 1.2370 and perhaps further grow up to 1.2425. In case of opposite succession of events the rate of sterling can fall to the mark of 1.2110 which is the strong level of support. Forex News from New Forex: Technical analysis of USD/JPY This week we continue to observe consolidation of this market with support at the level at 117.22 and with a resistance at 117.87. On Wednesday, the pair is traded with a small advance in price during the Asian trade session however the technical analysis of the market in the short term has bearish tendencies of development according to indicators indications of the technical analysis. On the four-hour chart the MACD histogram is located in a positive zone, slightly higher than the central line and grows poorly. The Stochastic oscillator created a signal for sale, the %К line crosses the %D line from top downward and decreases. Moving averages with the period of 20 and 55 were slowed down crossing from top downward. Forex News from New Forex: Technical analysis of USD/CHF At the Wednesdays trades the Swiss franc is traded with a small advance in price against the greenback remaining within flowing supports at 1.0266 and resistance at 1.0297. In the short term this market is more susceptible to bullish moods of its participants and its schedule is located above the Ichimoku indicator. The next purpose for the ascending movement is the corner of 1.0319 (max. of 20.12.2016) and further 1.0342 (max. of 15.12.2016) where the strongest area of resistance is located. The MACD histogram on the four-hour chart remains in a positive zone and began to grow poorly but doesn’t create a signal yet. Stochastic is located in the central area and only begins to create a signal on purchase. Speaking about a long-term outlook we have already updated an intra annual maxima and even more. We returned to the price level of August, 2010 that allows to assume that the ascending movement can continue. On the day schedule MACD grows creating a signal on purchase, as well as Stochastics, the %К line which is above the %D line grows. NewForex Analyst Luigi Campo

Fundamental analysis from New Forex: The Asia-Pacific region For today, the Asian stock markets move in different directions while many of the regional markets are still closed for Christmas holidays thereat the US dollar received a fresh boost to growth having railed from the early losses which were received in the early part of the week. The MSCI Asia-Pacific index is traded in a flat while Nikkei added 0.32% because of the weakened yen. The Wall Street grows: industrial Dow Jones added 0.07% whereas Nasdaq and S&P 500 grew up at 0.28 and 0.13% relatively. The Canadian TSX was closed with losses in 0.05%. The Chinese shares lost on average about 0.2%. The Canadian and Chinese indexes weakened despite of positive market data that testifies the low investment activity in real sector significantly weakened by the growing dollar. The US dollar grew up by 0.1% to the level of 103.13 against main competitors in compliance with an index of the American currency which is not far from 13-year maxima today. The Japanese currency weakened against the background of the low consumer prices which showed weakness the ninth month in a row while expenses of households fell even in spite of the fact that the number of new workplaces grew up to its 25-year maxima. The Canadian dollar became stronger against the majority of principal currencies because of the developed oil prices. Fundamental analysis from New Forex: Europe The European economy is going to close 2016 with a notable surplus in the main markets such as Germany, France and Great Britain with the same notable easing on the periphery particularly in Italy, Portugal and Greece. Some markets didn’t manage to get out of credit debts even despite activation of the program of quantitative mitigation from the European Central Bank by the end of the year. Today, strong consumer moods and weak euro allowed the European markets to increase its growth. The all-European Eurofirst 300 grew up by 0.4% and for 0.1% since Monday, against the background of the growing banking sector which added also about 0.1% since the beginning of week. Polls on behalf of scientifically research institute of GfK showed growth of consumer and investment confidence for the future year. The European currency is traded with lowering of 0.2% against US dollar at the level of 1.0435 whereas the Swiss franc still uses appeal in the opinion of the investors needing protection of assets against New Year’s Eve financial risks. Oil prices were developed against the background of reductions OPEC and other manufacturing countries, such as Russia meanwhile and grew up by 0.1% today. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD In virtue of statistical data publications lack and Christmas days off this currency pair is traded in a lateral channel since the end of last week. The lower bound of the channel serves a support at 1.0431 and upper bound serves the current level of resistance at 1.0454. Moving averages with the period of 20 and 55 were slowed down and are close to crossing. As for Stochastic and MACD oscillators there are no signals. Before clarification of watting parties force and manifestation of their potential we prefer to be out of this market for a while. Forex News from New Forex: Technical analysis of GBP/USD In virtue of statistical data publications lack and Christmas days off this currency pair is traded in a lateral channel since the end of last week. At the thades on Tuesday the price remains within the closest levels of support at 1.2273 and resistance at 1.2287 which didn’t change in comparison with last trading session. In a four-hour time frame the MACD Histogram remains in a negative zone, but rose slightly above the signal line that can speak about small increase in bullish potential of this market that makes insignificant redistribution of forces of sellers and buyers. The Stochastic oscillator is located in a neutral zone and at the moment it doesn’t give accurate signals. Nevertheless, the price chart remains below moving averages with the period of 20 and 55 that indicates perseverance of the descending tendency in the long term. Forex News from New Forex: Technical analysis of USD/JPY The statistical data on Japan which appeared during the Asian trading session didn’t give support to the Japanese national currency however it also didn’t worsen its situation against the greenback. The pair still remains in a side corridor with the lower bound at the level of support at 117.01 and upper on a mark of resistance at 117.84. Yesterday, on the four-hour chart the MACD histogram went to a negative zone but today it was developed and creates a signal on purchase. The Stochastic oscillator grows up in a neutral zone, giving a signal on purchase so the %K line is higher than the %D line. Moving averages with the period of 20 and 55 are close to crossing up that indicates the remaining bullish potential of this market in the long term. Forex News from New Forex: Technical analysis of USD/CHF On Tuesday, the pair is traded with an advance in price remaining within support level at 1.0250 and the level of resistance at 1.0294. Today the market is characterized by a moderate bullsh spirit and numerous but unsuccessful attempts to test the current resistance. The technical analysis on the four-hour chart indicates for a turn of the ascending tendency. The MACD histogram goes up remaining in a positive zone and creates a weak signal on purchase that belongs to the medium term. However the Stochastic oscillator is located in an overbought zone and creates a strong signal for an entrance to the market with short positions, the %K line crosses the %D line from the bottom upwards in the border of an overbought zone. Concerning a long-term outlook, we expect that this market will continue its growth. NewForex Analyst Luigi Campo

Fundamental analysis from New Forex: The Asia-Pacific region For today, the majority of the key markets is closed for Christmas holidays while the American dollar weakened against yen thanks to the weakened profitability of treasury bonds and multidirectional economic data from the USA. Investors are hedged through safe assets, the trade was slowed down, the markets drew up the balance of the expiring year and pledge prospects on future. On Friday, profitability of 10-year treasury bonds fell, having departed from 27-month maxima against the background of the economic indicators which showed strong housing sector, consumers activity and reduced an income on a family. The foreign exchange market lacks activity in Asia, Europe and North America because their markets are closed for today. The greenback is traded at the level of 117.300 against the JPY, having lost 0.2%. On Friday, the Australian dollar stabilized at the level of 0.7178 against the American dollar, having weakened to level of 0.7160 because of weak data from the Chinese market, which is the largest partner of Australia. The Canadian dollar was also slowed down and traded at the level of 0.7400 against the American colleague. At the same time, Trump appointed Peter Navarro, the famous Chinese hawk, the head of neogenic National trade council that was estimated by investors as the first step to a condensation of the protectionist measures declared by the American president. Fundamental analysis from New Forex: Europe Previously on Friday the European shares could return in general its positive territory that was promoted by a turn in the banking sector of the region after large creditors took measures of the claim settlement of the US Department of Justice raising the questions of manipulations with mortgage securities during crisis of 2008. On Friday, the all-European Eurofirst 300 was closed with a surplus in 0.03% and can show the best month for two years in a row if it wouldn’t suffer considerable losses until the end of current. The German DAX weakened at 0.05%, and both the French CAC 40 and the British FTSE 100 added 0.1% and 0.06% appropriately. These days the Deutsche Bank is the leader of the European growth and added about 80% this month having developed from catastrophically low levels after agreed to meet requirements of the American Ministry of Justice having cut off benefits amount approximately in the middle of $7.2 billion. The European currency is traded at the level of 1.0457 against the greenback while the British pound went to strong defense while the Swiss franc trades below most of its competitors but still stays afloat thanks to cyclically renewable interest in precious metals and bank shares from the investors inclined to diversify a portfolio and to hedge risks at the end of the financial year. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Monday the trades on this currency pair proceed quite steadily. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Japan was the only one who had news. Thus, today euro is traded against the American dollar in a lateral channel with a small advance in price within the closest levels of support at 1.0435 and resistance at 1.0469. Only fixing of the market above a mark of 1.0500 will be the foundation for a talk on increase in demand for single European currency. On the four-hour chart the technical analysis develops mainly for benefit of bulls, the MACD histogram was reduced to zero and now is ready to appear in a positive zone, the Stochastic oscillator grows with the %K line above the %D line creating a signal for long positions in the short term. Forex News from New Forex: Technical analysis of GBP/USD At the trades on Monday the small ascending correction of the price is observed on this trading instrument. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Thus, it determines low volatility of the market today. On the four-hour chart the MACD indicator remains in a negative zone moving along time axis without creating any accurate signals. Stochastic grows giving a signal on purchase while the %K line is higher than the %D line. As the technical analysis isn’t obviously expressed and determined within intra day trade in the short term, it is recommended to remain out of this market until emergence of accurate signals. As for a long-term outlook, this market still keeps bearish potential. Moving averages with the period of 20 and 55 continue to decrease. Forex News from New Forex: Technical analysis of USD/JPY The ascending trend of this market is slowed down and fade away. On the four-hour chart the MACD histogram passed to a negative zone and gives a signal for sale having fallen below the signal line. In the short term the price remains within the closest levels of support at 117.01 and resistance at 117.65 with intention of bears to punch support level. The Stochastic oscillator created a signal for sale, the %K line crosses the %D line from the bottom upwards to the border of an oversold zone. Concerning an average and long-term outlook the chart still remains above the Ichimoku indicator that indicates the current trend is hold true, however there is a redistribution of warring parties forces. Forex News from New Forex: Technical analysis of USD/CHF From the middle of a current month growth of this market stopped and duting the last two weeks the pair is traded in a side trend with a corridor of 1.0217 and 1.0319. On Monday, the trades proceed with low volatility. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Japan was the only one who had news.Thus, quotations on this trade instrument remain within support levels at 1.0246 and resistance at 1.0269. The technical analysis on the four-hour chart indicates bearish market potential. The MACD histogram came up with the axial line, Stochastic created a signal for sale. Moving averages with the period of 20 and 55 were slowed down and now approach to the prospect of crossing. NewForex Analyst Luigi Campo

The New Forex company wishes you a Merry Christmas! Dear clients and partners of the company, The NewForex team warmly compliments you on the coming Christmas! We wish you from the bottom of our hearts to have a great mood and steadfast faith in rosy future. We are proud of your strides and are always glad to help with implementation of your plans. We are sure that all your dreams will come true and you will always have luck on your side. We wish you a good stroke of business and never-ending profit! Best regards, Information bureau of NewForex Group

Fundamental analysis from New Forex: The Asia-Pacific region The stock markets in the region are traded obscurely headed by weak American indexes. Dynamics which is traditional for holiday days was aggravated with expectations of important economic data from the USA and Canada which can renew rally on the American and Canadian dollars. The Wall Street shares were slowed down: industrial Dow lost 0.16% while S&P 500 and Nasdaq weakened at 0:25 and 0.23% consequently. Regional MSCI decreased by 0.3%, and the Japanese Nikkei lost 0.2%. TSX in Canada and ASX in Australia extended at 0.08 and 0.54%. The greenback also weakened, having departed from its 2002 maxima at the level of 103.650 to the level of 102.940 on the greenback index. The dollar is traded at the level of 117.58 against yen that doesn’t salvage the Japanese shares. The Canadian dollar became stronger against most of competitors while the Australian dollar strengthened only against yen. Fundamental analysis from New Forex: Europe The index of consumer confidence in the eurozone grew up to its 20-month maxima. Optimystical data served as an impulse for euro, but concerns about political instability still render pressure and will be postponed till the next year. The all-European Stoxx Europe 600 lost 0.35%. In Britain, FTSE 100 lost 0.04%, CAC 40 in France lost 0.33% while German DAX added 0.03%. Strong euro pressed the stock indexes but in general they give potential for further growth, mainly because of the large corporate deals traditional for the end of the year. The European currency grows and is traded at the level of 1.0438 against the greenback with a surplus in 0.2% and separation from 13-year minima in 1.0352. The British pound keeps steadily in anticipation with publication of GDP data while the Swiss franc, almost doesn’t lose in attention thanks to hedgers whose number also grows by the end of a financial year. NewForex Analyst Alex Vergunov

Forex News from New Forex: Technical analysis of EUR/USD On Thursday, during the Asian session and by the opening of trades in Europe this currency pair slightly grew up but then faced resistance in the corner of 1.0450. However, this is not about change of the markets current descending tendency in the long term. Line items of bears are weakened a bit but only in the short term. On the four-hour Stochastic chart it is located rather close to an overbought zone and creates a signal on purchase with the %K line above the %D line. The MACD histogram creates an identical signal but at the same time remains in a negative zone. Moving averages with the period of 20 and 55 were only a little slowed down and continue to decrease. Marks of 1.0355 and 1.0451 act as the closest levels of support and resistance. Forex News from New Forex: Technical analysis of GBP/USD For the current trade week this market was aimed to find some kind of balance. On Thursday, by the time of trades opening in Europe we have a firm level of support in the corner of 1.2315 and at least strong level of resistance in the corner of 1.2381. In the long term this currency pair keeps bearish potential. The market is located below moving averages which continue to decrease. Concerning a short-term outlook, on the four-hour chart it is observed the movement of MACD histogram along time axis but at the same time it remains in a negative zone and gives a signal on purchase, having risen above the signal line. The Stochastic oscillator created a similar signal being in a neutral zone. Forex News from New Forex: Technical analysis of USD/JPY This week pair keeps its ascending tendency, however the bullish market potential was a little slowed down. At the trades on Thursday the price remains within the closest levels of support at 117.46 and resistance at 118.20. In a four-hour time frame the market stays above the Ichimoku indicator, however the MACD histogram almost came up with a central line and has a very weak signal on purchase. The Stochastic oscillator is in the central corner and created a signal for a favorable entrance to the market with long positions, the %К line goes up and rose above the %D line. Forex News from New Forex: Technical analysis of USD/CHF On Thursday, strengthening of the greenback against Swiss franc was a little slowed down and the trades in Europe proceed within support levels at 1.0234 and resistance at 1.0287. Insignificant consolidation of the price is observed in the corner with tendency to preserve the current ascending trend. However, according to indications of technical analysis indicators it is possible to speak about decrease in bullish potential of this market. On the four-hour chart reducing of the MACD histogram is observed. So in the short term it forms a signal for sale. The Stochastic oscillator is also at the stage of similar signal forming. The average directed movement indicator shows preserving of the current trend and its force in the long term, the discrepancy of +DI and — DI is still considerable. The price remains in the current ascending channel. NewForex Analyst Luigi Campo