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internationallove
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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. EUR/USD: news from the battlefield EUR/USD bounced back above the $1.2900 mark on positive Spanish GDP data after having hit $1.2885 earlier in the day. The pair remains in the same $1.3150/1.2800 flat range. Resistance is seen at $1.3000, $1.3072 (October 5 high), $1.3139 (October high) and $1.3171 (September high). A break higher would pave the ground for further growth. Strong support lies at $1.2885 (today’s low, 50-week MA) and in the 1.2850/30 (200- and 50-day MAs, October minimums) area. The pair remains below the important trend line resistances. A break below $1.2800 would confirm a complete bearish reversal. Commerzbank: Greek problems will come into the limelight. EUR/USD will gradually to the lower boundary of the $1.3150/1.2800 range. 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/2012-10-30/19834-eurusd-news-battlefield -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. October 30: forex news USD/JPY recoiled up yesterday from the 200-day MA at 79.50 to the levels around 79.90. We’re still waiting for the Bank of Japan’s decision. Another bunch of poor data was released in Japan with household spending and industrial production below expectations. EUR/USD slipped to $1.2900. The euro-sentiment is likely to remain negative until Spain doesn’t request aid. Greek problems are also weighing on the single currency: the country needs resolution on an austerity package to receive its next tranche of aid before it runs out of money in just a few weeks. Today watch the Mario Draghi’s speech and Spanish flash Q3 GDP at 8:00 GMT. Italy holds a 10-year bond auction today. US releases, scheduled for today, are cancelled. AUD/USD is squeezed between the daily MAs around $1.0330. Australian new housing starts fell by 3.7% for September after contracting by 5.3% in August. NZD/USD is at $0.8200. USD/CAD finally broke above parity and reached a record three-month high of 1.0018. GBP/USD hovers around $1.6030 after a 2-day drop. Hurricane Sandy – one of the biggest storms ever to hit the United States – remains in the center of attention. It lashed the densely populated East Coast on Monday, shutting down transportation, forcing evacuations in flood-prone areas and interrupting the presidential campaign. It seems that the worst has passed, though it’s questionable whether the US markets will open today. Now the news will be about damage evaluation. 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/2012-10-30/19832-october-30-forex-news -
FBS “999” contest results!!! Dear traders! On the 26th of October «999» demo contest was over. While checking the contest results a trader from Ukraine (contest account 320755) was accused of breaching 999 Contest Rules by trading on several contest accounts. For that reason the participant was disqualified. Thus the contest winners for the 999 Demo Contest are: First place and 555 USD is given to a contestant from Latvia with the contest account number 320595. His balance reached 192321.41 USD by the end of the contest. Second place is taken by a participant from Latvia with the contest account number 322178 (Balance: 114803.53 USD). The trader receives 333 USD from FBS. Third place and 111 USD are given to a trader from Indonesia with the contest account number 323827. He earned 107671.06 USD during the contest. FBS MasterCard as a consolation prize is taken by a contestant from Malaysia with the contest account number 320340. FBS congratulates the winners and thanks all the participants for the intensive trading and inexhaustible will to win. We are happy to inform you that the registration for the next “999” Contest has already started. Don’t miss your opportunity to enjoy trading with FBS and get worthy prizes for it. FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) 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. October 29: forex news Demand for safe havens increase. Emergency situation in US: stock trading will be closed on Monday and possibly Tuesday in response to Hurricane Sandy, which is expected to slam into the US East Coast on Monday night, so trading volumes will be smaller than usually which increases the risk of volatile moves. Asian stocks erased gains made earlier today. AUD/USD returned to 50- and 200-day MAs in the $1.0350/40 area. NZD/USD remains in the $0.8250/8135 zone. EUR/USD trades slightly on a downside below $1.2950. On Sunday Greek finance minister said they will not make any further changes to labor laws, which threatens the receipt of the next tranche of aid. Note that the country will run out of cash in the middle of November. Greek government remains between two fires: tough conditions set by the foreign lenders on the one side and striking population on the other. Today keep an eye on a meeting between Italian president Mario Monti and Spanish Prime Minister Mariano Rajoy. USD/JPY slid from the 4-month maximum at 80.38 to the levels just above the 200-day MA (79.50) making the one-day loss in 2 months on Friday. Japanese retail sales rose only by 0.4% y/y in September (cons.: +1.3%). The Bank of Japan meets tomorrow – it’s under pressure to ease policy as consumer prices contracted for a fifth month in a row. The consensus forecast is that the BOJ will add monetary stimulus. Trading range should be tight ahead of the decision. GBP/USD declines for a second day in a row and trades below $1.6100 after having peaked on GDP figures. USD/CAD reached 0.9993, a new three-month high, as demand for natural resources is down for a second week. USD/CHF is trading sideways above 0.9330. Monday won’t be very eventful, so investors already have Tuesday in mind with German unemployment and Spanish GDP. 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/2012-10-29/19783-october-29-forex-news -
FBS opened new office in Bandung (Indonesia)!!! FBS Banner Collection is now available Dear partners! Now it is even more convenient and easy to attract clients with FBS! We have created FBS Banner Collection, where you can find all FBS banners. The Banner Collection is available on FBS official website as well as in your Personal IB Area. You are free to use these banners together with your referral link or without it wherever you like! Use all the advantages with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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FBS withdrawal option!!! FBS Personal Area (my.fbs.com) is an easy and convenient way to deposit funds into your account and to make withdrawals. There is a wide range of deposit and withdrawal options: bank wire, credit and debit cards Visa/Mastercard, LibertyReserve, MoneyBookers, Webmoney, PerfectMoney. You can also make internal transfers between your accounts in your Personal Area. Minimal withdrawal amount Minimal withdrawal amount for bank wire is 50 USD. For all the other payment systems – 1 USD. Withdrawal processing terms Withdrawal requests are processed by FBS Financial Dept. during its opening hours 10 am – 6 pm CET (GMT+2), Mon-Fri. In case your withdrawal request is submitted after 6 pm, it will be processed the next day. Frequently Asked Questions How can I withdraw? How long does it take to withdraw? Is there a minimal withdrawal sum? FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) 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. Some JPY charts: is there a bottom foming? Yen will really weaken if it depreciates versus both the greenback and the single currency. Both USD/JPY and EUR/JPY are now in process of completing important base formations. So, if yen bears succeed in this business, there will be a major change in the market. Until then the risks of failure remain as there is and will be too much uncertainty. For now both pairs are heading in one, upward direction. Chart. Daily USD/JPY Chart. Daily EUR/JPY 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/1970-01-01/19762-some-jpy-charts-there-bottom-foming -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. USD/JPY: levels to watch USD/JPY went down from the 4-month maximum of 80.38 to 80.00. The pair remains within a narrow upward channel and maintains its bullish momentum. H4 Ichimoku Chart shows clear uptrend, though some retracements down are certainly possible taking into account the market’s trimmed risk appetite. Sell orders are clustered up at 80.30/50. Support for the greenback lies at 79.95 (July 12 maximum), 79.80 (38.2% retracement of the decline from March to September), 79.65 (September high), 79.45 (200-day MA), 79.22 (September 19 maximum). The pair’s prospects will stop being bullish below 79.22 and levels around 78.00 and lower will get in sight. Credit Suisse: If USD/JPY breaks above 80.65 (June’s maximum, 50% retracement), it will be able to reach 81.49 (61.8% retracement). Chart. Daily USD/JPY 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/2012-10-26/19759-usdjpy-levels-watch -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. EUR/USD: news from the battlefield Nothing has changed since yesterday: EUR/USD trades in the middle of a flat range, existing since September. The pair consolidates below $1.2950. The 50-day MA approaches the 200-day MA, strengthening the support. EUR/USD trades below the trend line resistance, coming from July lows. Support: $1.2919 (October 24 minimum), $1.29000, $1.2835/00 (200- and 50-day MAs, October minimums). Resistance: $1.3000, $1.3072 (October 5 high), $1.3139 (October high), $1.3171 (September high). Rabobank: We see the risk of a pullback to $1.2836 (200-day MA). The market tension persists, but is slightly calmed by knowledge that the ECB’s OMT awaits. Today watch the US Q3 GDP figures at 12:30 GMT. Positive print is likely to pull the pair down. 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/2012-10-26/19757-eurusd-news-battlefield -
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 (2 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.2900, $1.2910, $1.3000, $1.3075 (500 mio); GBP/USD: $1.6000, $1.6140; USD/JPY: 79.30, 80.00, 80.20; AUD/USD: $1.0250, $1.0350, $1.0400; NZD/USD: $0.8185; EUR/GBP: 0.8135, 0.8150; EUR/JPY: 103.45, 103.50. 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/2012-10-26/19755-key-options-expiring-today -
Market Analytics:FBS Markets Inc. October 26: forex news Market’s sentiment worsened on discouraging corporate reports. Fanuc Corp. and China Unicom (Hong Kong) Ltd. reported earnings below the forecasts. Apple Inc.’s profit was also less than expected. Asian stocks slid (MSCI Asia Pacific Index of shares lost 0.9%), demand for safe havens increased. AUD/USD slid below the 100-day MA at $1.0318 after spiking close to $1.0400 yesterday. NZD/USD is moving sideways in the $0.8250/8135. USD/JPY returned from the 4—month maximum to 80.00. Japanese core CPI fell last month by 0.1% y/y (forecast: -0.2%; prev.: -0.3%). This is still well below the Bank of Japan’s target. The BOJ is seen increasing monetary stimulus next week. EUR/USD is compressed around the opening price of $1.2930. Today watch for German Gfk consumer climate (06:00 GMT) and Spanish unemployment rate (07:00 GMT). Analysts think that the latter rose to more than 25% in 3 months to September 30. GBP/USD is slightly down, but remains above the $1.6100 hurdle. Yesterday the pair rallied to $1.6143 after positive UK GDP figures pulled the nation out of recession. USD/CAD trades above 0.9950. Later today in the US pay attention to the advance Q3 GDP and the final readings of October University of Michigan survey of consumers. 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/2012-10-26/19752-october-26-forex-news
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BNI Bank as a new deposit and withdrawal option in IDR Dear traders, We at FBS constantly improve our services. Now we are glad to offer you a new payment option in IDR via BNI Bank. The most convenient and secure payment options are always at your service with FBS! You may get FBS BNI account details within your FBS Personal Area: https://my.fbs.com/payments/auto/idrbank Best regards, FBS Markets Inc FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) 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. 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 (2 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.2920, $1.2950, $1.3000, $1.3100, $1.3200; GBP/USD: $1.6100, $1.6200; USD/JPY: 78.95, 79.00, 80.00; AUD/USD: $1.0240, $1.0350, $1.0390, $1.0400; NZD/USD: $0.8100; EUR/GBP: 0.8155. 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/2012-10-25/19725-key-options-expiring-today -
FBS was entitled as “The best MT4 Platform Award” FBS entitled as “The best MT4 Platform Award” Annual International Investment & Finance Expo in China is a very significant even that covers best investment projects, top companies and organizations in the fields of finance, insurance, applied services and technologies. The 9th China (Guangzhou) International Investment & Finance Expo was launched from 21 to 23 of September. It gathered tens of leading companies and more than 140 000 visitors in 3 days. FBS took an active part in Investment & Finance Expo. Equipped stand of our company contained thorough information on various offers. Visitors had an opportunity to get to know more about trading conditions, diverse promotions and unique services, ask our representatives any questions about FBS and Forex. The culmination of the exhibition was Investment & Finance Expo Awards to honor companies – leaders in their fields. FBS was entitled as “The best MT4 Platform Award”. One of our main goals is to provide our customers with the most convenient and advantageous trading conditions and services. Therefore, we take a pride in this award and express our deepest thanks to organizers of Investment & Finance Expo and to those who’ve chosen FBS as their Forex trading broker. Have a profitable trading with FBS! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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FBS makes you a unique offer!!! New FBS promotion: Liberty Reserve +3%! FBS makes you a unique offer! FBS grants withdraw able 3% deposit bonus to all its clients at every trading account deposit made via Liberty Reserve. Compensate your deposit and withdrawal expenses via Liberty Reserve and enjoy electronic currency advantages with FBS ! Promotion Rules: Each deposit via Liberty Reserve is granted with 3% bonus Bonus is granted to all account types You may withdraw your bonus funds in 1 month after deposit In order to withdraw your bonus funds you should trade 30 orders or more Each case is considered individually FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
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FBS makes you a unique offer!!! New FBS promotion: Liberty Reserve +3%! FBS makes you a unique offer! FBS grants withdraw able 3% deposit bonus to all its clients at every trading account deposit made via Liberty Reserve. Compensate your deposit and withdrawal expenses via Liberty Reserve and enjoy electronic currency advantages with FBS ! Promotion Rules: Each deposit via Liberty Reserve is granted with 3% bonus Bonus is granted to all account types You may withdraw your bonus funds in 1 month after deposit In order to withdraw your bonus funds you should trade 30 orders or more Each case is considered individually FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) 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. EUR/GBP: technical picture EUR/GBP slipped below 0.8100 and came back below the 200-day MA. A close below these levels would signal a return into the downward trend formed in 2011. However, a failure to resume the downward movement may confirm the inverse “head-and-shoulders” pattern (head at 0.7755). In this case we would expect EUR/GBP to reach 0.8400. One may see that the pair remains far above the daily Ichimoku Cloud. As can be seen from the weekly chart, EUR/GBP bounced back from the 50-week MA. Here the bears prevail: we see a thick descending Cloud. Support: 0.8021 (October 10 minimum), 0.8000/7970 (50- and 100-day MAs, upper boundary of the Ichimoku Cloud), 0.7935/22 (lower boundary of the Ichimoku Cloud, September 27 minimum) Resistance: 0.8163 (October high), 0.8200 (psychological) Chart. Daily EUR/GBP Chart. Weekly EUR/GBP 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/2012-10-24/19721-eurgbp-technical-picture -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. USD/CHF: technical picture USD/CHF is rising for the second day in a row. Today the pair rose to the maximal level in more than a week at 0.9350 and took out resistance at 0.9330 (61.8% retracement of the advance from February minimum to July maximum) and MAs at H4. There’s a bearish conversion on the daily MACD. However, we still think that bulls don’t have enough room to keep pushing the prices up for long. The important resistance represented by the 200-day MA (0.9387), October maximums (0.9438) and the daily Ichimoku Cloud gets closer and closer. As a result, it seems reasonable to try selling USD/CHF on the rallies. Look at the pullbacks from 200-day MA for the entry or even the lower levels. The pair may slide to the recent minimums (0.9215) and then to the upper border of the weekly Cloud and the 100-week MA (0.9105), which, in their turn, should provide good support. Yet, once below there, the greenback’s decline may accelerate. Watch out for American new home sales and the Fed’s statement later today. 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/2012-10-24/19718-usdchf-technical-picture -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. USD/JPY: yen’s selling is slowing down USD/JPY is consolidating after its impressive advance to 80 yen, the key resistance level: today it has slid to the levels around 79.80. Investors are now wondering if USD/JPY is able to sustain bullish momentum. Analysts at Bank of New York Mellon warn of “a sharp deceleration in the ongoing net selling of the Japanese yen.” In their view, this may be explained by discouraging earnings reports coming out of the United States. The bank says that yen may begin to garner some support despite a weak domestic economy as global risk appetite declines. Support for the pair lies at 79.65 (September high), 79.45 (200-day MA), 79.22 (September 19 maximum). Chart. H4 USD/JPY 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/2012-10-24/19712-usdjpy-yens-selling-slowing-down -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. AUD/USD: daily analysis AUD/USD rose to the 100-day MA around $1.0310. The fundamental factors which caused the increase include encouraging data from China (higher HSBC flash manufacturing PMI) and stronger Australian CPI. The odds that the RBA will cut rates in November declined. Standard Chartered: “The inflation data may have reduced the risk for rate cuts in the immediate term. In the short term, we may see the Aussie run back up to $1.04.” Note, though, that the pair has reached an area where might be a lot of sell orders set in place. Buying interest is seen in the $1.0280/00 zone. Resistance: $1.0310 (100-day MA), $1.0330/55 (38.2% retracement of the decline from September maximum to October minimum; 200-day MA; 50-day MA), $1.0410 (October maximum), $1.0440 (61.8% retracement), $1.0625 (7-month high). Support: $1.0260 (23.6% retracement), $1.0235 (yesterday’s minimum) – 2 key levels of short-term support, $1.0200 (October 15 minimum), $1.0150 (3-month minimum), $1.0000, $0.9560 (2012 minimum). JP Morgan’s medium-term model for AUD/USD, which is based on a 10-year spread, Chinese manufacturing PMI, global manufacturing PMI, and the RBA commodity index, estimates AUD/USD at $0.9000, about 13% below today’s level. 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/2012-10-24/19706-audusd-daily-analysis -
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 (2 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.2915, $1.3000, $1.3100; GBP/USD: $1.6000; USD/JPY: 79.00, 79.65, 80.00; USD/CHF: 0.9350; AUD/USD: $1.0215, $1.0235, $1.0250, $1.0285, $1.0300, $1.0350; AUD/NZD: 1.2600; USD/CAD: 1.0000; EUR/GBP: 0.8155, 0.8160. 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/2012-10-24/19703-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. GBP/USD consolidates around $1.6000 GBP/USD consolidates above the $1.6000 and the last Fibonacci fan line. On Monday the pair tried to strengthen above $1.6050 on the optimism, created by the Spanish regional elections, but quickly slid back. Apart from $1.6000, key support for the cable is seen at $1.5980 (October lows, 50-day MA). A break lower would be a bearish sign and open the way for a further decline to $1.5900 and $1.5820/05 (200- and 100-day MAs) and to $1.5750 (August 28 low). From a long-term view the pair may slide towards $1.5234 (lower boundary of a sideways channel, existing since 2010). Resistance lies at $1.6080, $1.6120, $1.6178 (October 17 high), $1.6216 (October 5 high), $1.6271 (September 28 high) and $1.6300 (2012 maximum). Today traders will be watching a speech the BoE Governor Mervin King for any hints on further policy easing in November (19:00 GMT). The UK economy remains weak, while the inflation is low, so the regulator has enough reasons to extend the asset purchasing program. This week the cable is not expected to move much ahead of the Friday’s Q3 GDP release. Figures are expected to show the economy grew by 0.6% after three straight quarters of contraction. Chart. Daily GBP/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/2012-10-23/19692-gbpusd-technical-fundamental -
FBS.com - Daily/Weekly Analysis / Market News
internationallove replied to internationallove's topic in Technical Analysis
Market Analytics:FBS Markets Inc. EUR/USD: direction - sideways EUR/USD has been moving sideways in the recent month between $1.3170/40 on the upside and $1.2820/00 on the downside. Sellers are active at $1.3070, while buyers – around $1.3010 and $1.2890. Such dynamics may be explained by the absence of game-changing news and may persist for now. The key events of this week include the FOMC meeting, Chinese HSBC flash manufacturing PMI and US advance GDP, but they probably won’t cause large volatile moves. Analysts at JPMorgan think that the corrective manner of the market “is still consistent with the view that this rally from the July low is incomplete.” Resistance for EUR/USD lies at $1.3080, $1.3140, $1.3172 (September high), $1.3280 (May maximum), $1.3385/1.3485 (March & February maximums). For support watch the MAs on H4 chart ($1.3005, $1.2972 and $1.2943) as well as the Fibonacci fan lines. 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/2012-10-23/19687-eurusd-direction-sideways -
Current update of FBS 999 Demo Contest!!! Dear traders! Current update of your exiting and marvelous FBS 999 Demo Contest. Top three contestants details are below. >>Current Top 3 Positions<< Account#320755 Position: 1st Country: Ukraine Balance/Equity: 215949.95 USD Account#320595 Position: 2nd Country: Latvia Balance/Equity: 145091.41 USD Account#323889 Position: 3rd Country: Ukraine Balance/Equity: 114939.84 USD The whole month of exciting trading is waiting for our participants and we will follow the competition. Click and Check other contestants ranking Go to the scoreboard: FBS wishes all the participants good luck! The contest will take place during26.09.12 - 26.10.12 Contest details: http://www.fbs.com/999-demo-contest FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) 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. FX majors from top forecasters Here are the forecasts for EUR/USD, GBP/USD, USD/JPY, USD/CHF and EUR/JPY from top forecasters. Data were submitted on October 19. Source: FX Week 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/2012-09-03/19035-fx-majors-top-forecasters