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internationallove
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“iPartner2” contest results! Dear friends, The time has come to announce iPartner2 Contest results, which was taking place 01.03.13 - 12.04.13. We would like to thank all the participants for the enthralling struggle. You were keeping all us in tenterhooks and amazed us with your progress day by day. The winners in this fascinating struggle became: >>1 place<< – Mr. Kittipong Pratumrut, FBS IB in Thailand. Mr. Kittipong Pratumrut gained the biggest number of points and tore the victory in a dramatic struggle. His result is incredible 4325 points. This is a pleasure for FBS to presents Mr. Kittipong Pratumrut with MacBook Pro. >>2nd place<< and a new iPhone5 go to FBS IB in Bangladesh Mr. Mahbub Hassan. His final number of points – 4260. >>3rd place<< goes to Mr. Li Mingkun, FBS IB in China, who gained 3980 points in the Contest. FBS presents him with a deserved iPad mini! We would like to congratulate all the winners and thank the participants. Follow FBS News. Secrets of iPartner2 winners will be revealed soon. Get ready for iPartner3. It is coming soon! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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“iPartner2” contest for IBs is over! Dear friends, We are pleased to inform you that after more than a month of a tough struggle for the leadership the contest for IBs has finally finished. More than 650 contestants from all over the globe did their best to receive the BEST IB title and Macbook Pro, iPad mini or iPhone 5 from FBS! Who became the best? We’ll find out soon! After a thorough check the results will be announced. Keep updated! http://www.fbs.com/ipartner FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. April 15: Asian session Weaker-than-expected Chinese data has determined trading picture in Asia. The nation’s GDP came at 7.7% y/y in Q1 (forecast: 8.0%; prev.: 7.9%), while industrial production added only 8.9% in Mar. (forecast: 10.1%; prev.: 9.9%). USD/JPY opened with a 40-pip gap down and is testing levels below 98.00. Yen rose as safe haven against its main counterparts. The US Treasury Department said on Friday that it would watch Japan to ensure its policies were not aimed at weakening its currency. BOJ Governor spoke today, but didn’t say anything new. Kuroda will deliver another speech at 06:15 GMT. Aussie and kiwi dropped by the most in almost 2 months against US dollar. AUD/USD gapped down and slid from the levels around $1.0500 touching $1.0416 during the Asian trade. NZD/USD gapped down and fell to the $0.8500 area. EUR/USD dipped to $1.3065, pressured by the fears of global slowdown. On Friday the pair closed at $1.3100. The euro zone’s economic background remains relatively stable. On Friday EU ministers agreed to give 7 more years to Portugal and Ireland to repay their bailout loans. ESM is expected to grant Cyprus a 10 bln euro bailout on April 24. GBP/USD keeps moving down from the $1.5410 high. The cable tested $1.5310 earlier in the session, but then has rebounded to $1.5330. USD/CHF opened with a gap down at 0.9265, but then rose to 0.9300. USD/CAD rocketed by 70 pips from 1.0130. The upside remains capped by the 1.0200 hurdle. Traders should be aware of the BoC rate statement coming on April 17. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-15/22466-april-15-asian-session -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT). Here are the key options expiring today: EUR/USD: $1.2975, $1.3000, $1.3050, $1.3100, $1.3120, $1.3130, $1.3160; GBP/USD: $1.5275, $1.5325, $1.5375; USD/JPY: 98.00, 98.50, 99.00, 99.50, 99.60, 100.00, 100.20; AUD/USD: $1.0495, $1.0550, $1.0600; USD/CHF: 0.9375. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: Key options expiring today // FBS Markets Inc. -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. April 12: Asian session The greenback weakened versus the majority of its counterparts ahead of data forecast to show US retail sales stalled in March adding to signs the Fed will need to maintain its monetary stimulus. USD/JPY almost reached 100.00 yesterday, but slipped to 99.35 today. Japan released the Tertiary industry index (1.1% vs. 0.8% forecast). The speech of the Bank of Japan’s Governor Kuroda who said that the easing policy may last more than 2 years didn’t move the markets. AUD/USD is trading on the upside, around $1.0550 after forming a spinning top with long shadows yesterday. On Thursday Aussie came to almost a 3-month of $1.0582. NZD/USD reached $0.8676 yesterday. Today kiwi has eased down, but still remains above $0.8600. EUR/USD consolidates around $1.3115, a bit down from yesterday’s high of $1.3135. Yesterday the Eurogroup head Dijsselbloem told that Ireland and Portugal will most probably be granted a 7-year extension on the maturities of their bailout loans. Today watch for more headlines from the Eurogroup and ECOFIN meetings. GBP/USD remains sideways after having tested a two-month high of $1.5410 yesterday. USD/CHF is testing the support of the 100-day MA at 0.9290. USD/CAD hovers around 1.0100 following yesterday’s dip to 1.0080 on the back of growing appetite for risk assets. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-12/22447-april-12-asian-session -
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internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. USD/CHF: not a bright picture USD/CHF is testing levels below 0.9300 (psychological level) and 0.9290 (100-day MA, 50% retracement of the advance from Feb. to Mar.). The pair’s now very close to breaching the weekly Ichimoku Cloud at 0.9268. There’s convergence on H4, so US dollar may try to correct higher. Yet, the outlook for the pair will remain negative until the greenback’s trading below the 200-day MA just above 0.9400. The next downside targets lie at 0.9255, 0.9230 and 0.9200. Resistance lies at 0.9300, 0.9330 and 0.9350/60. Chart. Daily USD/CHF Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-11/22445-usdchf-not-bright-picture -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. AUD/USD dipped on employment figures Australian dollar came under pressure as the negative employment figures fuelled speculation that RBA will lower borrowing costs to support growth. Australia’s unemployment rate unexpectedly rose to 5.6% in March (forecast: 5.4%), while the number of employed people contracted by 36.1K. NAB: The prospect of a rate cut is back on the table, especially if the Q1 CPI (April 24) is well behaved. A May rate cut still looks too early, given the recent strength in retail sales and the small gains in house prices. A June cut is more likely. AUD/USD slipped by 50 pips from the 2.5 months high of $1.0550 following the downbeat data. However, losses were limited by the $1.0500 support. Later in the day Aussie rebounded to $1.0530. The medium-term technical picture remains bullish. A break below $1.0450 is needed to alleviate the upside pressure. The next targets are seen at $1.0600 and $1.0625. Chart. H4 AUD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-11/22437-audusd-dipped-employment-figures -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT). Here are the key options expiring today: EUR/USD: $1.2900, $1.2980, $1.3085, $1.3090, $1.3100, $1.3115, $1.3125, $1.3200; GBP/USD: $1.5050, $1.5200, $1.5300; USD/JPY: 96.90, 98.00, 98.50, 99.00, 99.50, 99.70, 100.00, 100.20; AUD/USD: $1.0450, $1.0480, $1.0485, $1.0500, $1.0525, $1.0550; EUR/CHF: 1.2150, 1.2200, 1.2350; AUD/JPY: 98.60. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-11/22434-key-options-expiring-today -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. April 11: Asian session EUR/USD is trading in the vicinity of $1.3070 after having tested $1.3120 on Wednesday. The downward correction looks natural after 5 days of gains. Portugal woes are also weighing on the sentiment: the country was said to need new budget cuts to unlock longer-term loans from the EU. USD/JPY is trading a bit on the downside, below 99.87. Yen’s decline to the level of 100 yen per dollar halted after official data showed Japanese investors sold foreign bonds. AUD/USD declined from the peaks around $1.0550, but stays above $1.0500. Aussie declined as Australia’s unemployment rate unexpectedly rose to 5.6% in March (forecast: 5.4%), while the number of employed people contracted by 36.1K. NZD/USD almost reached $0.8600, the highest level since July 2011. Kiwi rose after New Zealand’s finance minister English said chances of higher interest rates is more likely should house price inflation stay at current rate. According to English, the country is headed for a budget surplus in 2014/2015, projecting a 20% reduction on debt to 20% by 2020. GBP/USD holds at $1.5330. Cable’s upside remains capped at $1.5350. USD/CHF is trading sideways around 0.9320. USD/CAD slipped to 1.0140. According to Reuters survey, the BoC rate hikes expectations increased. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-11/22432-april-11-asian-session -
"FBS Pro" Contest! come and take part Participate in “FBS Pro” Demo Contest and train your mastery. Become a true professional of Forex and learn how to trade only profitably Each participant gets a demo-account with $10000 balance and 1:100 leverage. During a whole month participants are trading using all the trading skills and strategies they know. The goal is to finish with the highest balance. Registration Participants Contest conditions: Terms of “FBS Pro” reward: We wish you success and financial freedom with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. AUD/USD is testing $1.0520 On Wednesday Australian dollar printed a fresh 10-week high of $1.0520 despite the fact that Westpac consumer sentiment dropped by 5.1% in April. Late Tuesday the RBA member John Edwards said the elevated currency was hurting the economy but not at a level that required an interest rate cut. Aussie was also supported by data that showed exports to China, the country's largest trading partner, rose by 18.4% over the last year. The pair is moving up for three days in a row after having bounced from the $1.0350 support on Monday. Yesterday AUD/USD managed to break above $1.0500. However, this level acted as a resistance: the pair closed the day at $1.0490. Note that yesterday the 50-day EMA crossed the 100-day EMA bottom up (bullish sign). A break above $1.0520 (2011-2013 trend line) would be a strong buying signal. However, we concede some consolidation here. One may see a MACD divergence on a daily chart. Our next target lies at $1.0600. On Thursday traders will focus on Australian labor market data. Economists expect the unemployment to remain steady at 5.4%, while number of employed people is forecasted to contract by 6.7K (negative factor for AUD/USD). Negative employment figures are very likely to slow AUD/USD growth. Chart. Daily AUD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-10/22420-audusd-testing-10520 -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT). Here are the key options expiring today: EUR/USD: $1.2900, $1.2980, $1.3085, $1.3125, $1.3200; GBP/USD: $1.5200, $1.5300; USD/JPY: 98.00, 98.50, 99.00, 99.50, 100.00, 102.00; AUD/USD: $1.0350, $1.0400, $1.0415, $1.0450, $1.0550; EUR/CHF: 1.2150, 1.2200, 1.2350; AUD/JPY: 98.60. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-10/22417-key-options-expiring-today -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. April 10: Asian session USD/JPY is consolidating above 99.00. The market is bearish on yen due to the bank of Japan’s excessive monetary stimulus. The BOJ Governor Haruhiko Kuroda will speak at a Yomiuri newspaper event on Apr. 12. Asian shares rose after Wall Street closed at a record high overnight and Chinese trade data signaled a recovery in the world’s second largest economy was gathering strength – the nation’s imports increased more than expected, gaining 14.1% y/y, while annual exports added 10.0%, in line with forecasts. AUD/USD rose above $1.0500. NZD/USD tested levels above the Feb. high of $0.8533. EUR/USD continues its gradual appreciation, holding at $1.3090 after having tested $1.3100 yesterday. Market sentiment improved as risk of negative headlines from periphery countries declined. Buyers were inspired by yesterday’s positive German trade figures. GBP/USD holds a bit below the yesterday’s 6-week high of $1.5340. Demand for the pound was supported by positive UK industrial production figures, released yesterday. USD/CHF is trading on the downside, trying to hold above yesterday’s low of 0.9307. USD/CAD remains sideways around 1.0150. Image: WSJ Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-10/22415-april-10-asian-session -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. UBS: comments on FX majors Analysts at UBS point out that last week’s USD strength seems to be declining. EUR/USD: Bearish view. Broader picture is still bearish and upside should be limited. Resistance is at $1.3048 and $1.3115, while support is at $1.2858 and $1.2746. GBP/USD: Neutral view. Important resistance is at $1.5424. A close above this level will allow sterling to rise to $1.5606. Support lies at $1.5200 and $1.5034. USD/JPY: Bullish view. There’s an important resistance at 99.85. A break above this level will open the way to 101.45. Support is at 95.77. USD/CHF: Neutral view. Critical support is at 0.9230. A break below this level will make the pair vulnerable for a slide to 0.9150. Resistance is at 0.9434 and 0.9567. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-08/22393-ubs-comments-fx-majors -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. CFTC: speculators raised USD longs Here are the essentials of the latest Commitments of Traders (COT) report, released on Friday, April 5, by the Commodity Futures Trading Commission (CFTC) for a week ended April 2. Large speculators raised the value of USD net long positions from $24.8 bln to $26.3 bln (new high since July 2012). The players significantly increased their net bearish bets against EUR, while JPY shorts were reduced. It’s necessary to note that the figures cited above are always a week old at the time of their release. Never the less, CFTC data gives a good oversight into how the market is positioned and if/how these positions are being unwound. Although the CME speculators represent a small fraction of trading in the currency markets, their trades are widely seen as typical of hedge fund investors' currency movements. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-03-18/22013-cftc-usd-longs-8-month-high -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. AUD/USD: technical picture AUD/USD opened the week with a gap down and tested the key support at $1.0350, but then rebounded to $1.0395. We would recommend waiting a little bit: the current technical picture remains unclear. Rise above $1.0500 is needed to return the bullish scenario. In this case it would make sense to buy AUD/USD with a target at $1.0600 and a stop at $1.0450. However, the current picture counts in favor of sales. A slide below $1.0350 would confirm a double top formation and pull Aussie into the daily Ichimoku. Offers are seen at $1.0400, $1.0440/50 and $1.0480, while bids - at $1.0350/40 and $1.0300. Chart. Daily AUD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-08/22389-audusd-technical-picture -
“Predict NFP” (March 2013): results of the contest! “Predict NFP”: contest results Monday, April 8, 2013 According to Bureau of Labor Statistics, U.S. Department of Labor data Nonfarm Payrolls indicator for March 2013 amounted to 88K. Indisputable winner of "Predict NFP" contest is Eko Gober, who gave the only correct answer. The contestant gets an exclusive T-shirt from FBS. You can check all the guesses given here. Congratulations to the winner. Kind regards, FBS FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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Expanded opportunities with payment system DIXIPAY ! Dear traders! FBS constantly works on making your working with us as much comfortable and profitable as possible. We keep enhancing our trading conditions and implementing new services. We are happy to announce that now payment system DIXIPAY is available. Choosing DIXIPAY as your deposit and withdrawal option you may take advantage of low commission and instant performance. Now owing to this payment system transactions via Western Union, MoneyGram, Anelik and Contact are also available. Deposit options details: http://www.fbs.com/deposit-options Deposit your trading account at FBS and get 30% bonus! http://www.fbs.com/deposit-bonus-30 We wish you success and financial freedom with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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Happy Weekend from entirs FBS team! We wish you success and financial freedom with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. JPY is weakened by the BOJ The Bank of Japan announced new stimulus measures yesterday which will expand its balance sheet by about 15% in 2013. Such aggressive measures impressed the market and USD/JPY reached new 3.5-year high at 97.19. Famous billionaire investor George Soros described the scale of easing as dangerous and warned that it may lead to an avalanche of yen selling. Bank of Tokyo Mitsubishi UFJ also underlines that the BOJ’s easing is now much more prominent than the Fed’s one. UBS says that those who started doubting about Kuroda made a big mistake. In their view, the new BOJ Governor will do absolutely everything to make inflation rise to 2% target. The specialists think that USD/JPY will advance to 100.00 and higher, so one should double the longs. In the near-term, the focus is on resistance at 97.79, ahead of 99.74, and support is at 92.57. Nomura says that taking into account weaker growth in the US, one should better open longs in AUD/JPY expecting the pair to rise from the current levels around 100.00 to 105.00 in 2-3 months. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-05/22366-jpy-weakened-boj -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. EUR/USD: a change in trend? EUR/USD rose from the levels below $1.2750 yesterday and almost reached $1.2950 before easing down to $1.2900 today. UBS: “Yesterday’s sharp advance does not change the bearish theme and the resistance at $1.3048 should hold. Support is at $1.2746, a break below would expose $1.2662”. Commerzbank: “EUR/USD has broken above its 200-day MA and 3-month downtrend. It also charted a key day reversal so at this stage will go with the break higher and allow for a deeper retracement to $1.3050 and then to the $1.3111/80 band.” Support lies at $1.2900, $1.2885/80, $1.2850, $1.2800 and $1.2750. Resistance is at $1.2950, $1.3000, $1.3050. Much will depend on US NFP data (12:30 GMT). Also pay attention to the euro zone’s retail sales figures at 9:00 GMT. Chart. Daily EUR/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-05/22364-eurusd-change-trend -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.2800, $1.2850, $1.2900, $1.2920, $1.2950, $1.2955, $1.3000; GBP/USD: $1.4990, $1.5100, $1.5200; USD/JPY: 94.00, 95.00, 95.50, 96.00, 96.50; AUD/USD: $1.0400, $1.0510, $1.0525; USD/CAD: 1.0100, 1.0290; EUR/JPY: 123.50; EUR/AUD: 1.2550; EUR/GBP: 0.8550. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-05/22362-key-options-expiring-today -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. April 5: Asian session USD/JPY reached new 3.5-year high at 97.19 before easing down to 96.33. Nikkei index of stocks climbed above the 13,000 mark for the first time since August 2008. The Bank of Japan’s Governor Kuroda played down concerns his unprecedented burst of monetary stimulus would create asset-price bubbles. AUD/USD is trading around $1.0420 after testing $1.0400 handle earlier today. Aussie has been sold on weak commodities and local share markets with the Hang-Seng index in Hong-Kong down more than 2.5%. NZD/USD is trading above $0.8400 after testing $0.8387 in Asia. EUR/USD trades sideways around the $1.2930 mark after yesterday’s 200 pips surge on Mario Draghi’s comments during the ECB press-conference. Draghi calmed the markets down by emphasizing that the Cyprus scenario is “no template” for future euro zone bail-outs. “Cyprus is no turning point in euro area policy,” said the ECB head. “I am absolutely sure that the chairman of the Eurogroup has been misunderstood.” He also pointed that Cyprus exit from the euro zone couldn’t resolve the structural economic problems in the block. Draghi revealed that the decision to keep interest rates unchanged was not unanimous for the second month in a row. Today euro zone will publish retail sales data, final Q4 GDP and German factory orders. GBP/USD is trading at $1.5230 following yesterday’s jump from $1.5030. Yesterday the Bank of England left QE at 375 bln pounds and interest rates unchanged at a record low of 0.5%. Today watch the British Halifax HPI (7:00 GMT). MPC member Dale delivers a speech at 8:00 GMT. USD/CHF is fluctuating around 0.9400 after sliding from 0.9500 yesterday. USD/CAD recovered to 1.0130 after yesterday’s test of 1.0105. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-04-05/22358-april-5-asian-session -
"FBS Pro" Contest! come and take part Participate in “FBS Pro” Demo Contest and train your mastery. Become a true professional of Forex and learn how to trade only profitably Each participant gets a demo-account with $10000 balance and 1:100 leverage. During a whole month participants are trading using all the trading skills and strategies they know. The goal is to finish with the highest balance. Registration Participants Contest conditions: Terms of “FBS Pro” reward: We wish you success and financial freedom with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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