SolidECN' s příspěvky - stránky 11

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 14, 2022 at 10:00

GBPUSD market update by Solid ECn SecuritiesUK GDP statistics disappointed the marketThe UK currency continues unsuccessful attempts to consolidate in the uptrend. The ambiguous macroeconomic statistics do not allow the pound to strengthen its positions, and at the moment, the GBPUSD pair is trading within a sideways trend around 1.3543.The asset's dynamics may maintain until the end of the day since the US Federal Reserve announced an extraordinary meeting of the regulator's managers tonight, the results of which will determine the direction of the pair movement. As stated, the meetin...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 14, 2022 at 09:46

USDCAD Market Update by Solid ECN SecuritiesInterest rate hike risks support the US dollarThe US dollar shows ambiguous dynamics of trading against the Canadian currency during today's Asian session, holding near 1.273.The instrument managed to demonstrate a moderate positive trend at the end of last week, which was supported by expectations of a further increase in the interest rate by the US Fed against the backdrop of a sharp rise in inflation in the country by 7.5%, which is the highest level since February 1982.The Canadian dollar, in turn, is still under pressure from a weak report o...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 14, 2022 at 09:20

NZDUSD market insights by Solid ECN SecuritiesThe instrument develops a downward trendThe pressure on the positions of the New Zealand dollar, also to the growth of the US currency, is exerted by poor macroeconomic statistics from New Zealand. At the beginning of the new week, the macroeconomic background remains mostly negative. Thus, the index of activity in the services sector from Business NZ for January fell from 49.8 to 45.9 points, which was worse than the average expectations of analysts.Support and resistanceOn the daily chart, Bollinger bands smoothly reverse into a horizontal plane....

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 14, 2022 at 08:20

EURUSD market update The euro weakens after the statements of the President of the ECBThe European currency shows an uncertain growth against the US dollar during the Asian session, trying to correct after a sharp decline last Friday, when the instrument updated the local lows of February 3.The sharp weakening of the single currency was facilitated by the words of the President of the European Central Bank (ECB), Christine Lagarde, that raising the rate at the moment will not help reduce price pressure, but will only lead to a further slowdown in the economy and, ultimately, simply harm it. In...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 11, 2022 at 14:19

NZDUSDThe US dollar takes the lead in the pairThe New Zealand currency continues to trade without pronounced dynamics amid growing tensions caused by coronavirus restrictions. At the moment, the NZDUSD pair is close to 0.6635.At the end of January, New Zealand moved to the maximum "red" alert level due to the discovery of 12 cases of infection with the Omicron strain, as a result of which the government tightened quarantine restrictions. Hundreds of protesters took to the streets in Wellington to blockade the streets leading to the New Zealand Parliament against mandatory vaccination...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 11, 2022 at 11:05

EURUSDThe European currency shows an active decline against the US dollar during the Asian session, developing an extremely uncertain corrective trend that can be traced this week. EUR/USD is testing the level of 1.1380 for a breakdown and is located not far from the local lows of the previous day. The pressure on the instrument's positions intensified yesterday with the publication of statistics on consumer inflation in the US, which strengthened the belief that the US Federal Reserve can act faster in terms of tightening monetary policy. In January, the Consumer Price Index rose by 0.6% ...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 11, 2022 at 10:47

USDCHF market insights by Solid ECNThe US currency received an impetus to growThe US dollar shows active growth against the Swiss franc during the Asian session, testing 0.927 for a breakout. The day before, the instrument had already attempted a steady growth and even updated local highs from January 31 near the level of 0.93, but the dollar failed to consolidate on new highs.Considerable support for the US currency is provided by macroeconomic statistics from the US on consumer inflation published the day before. In January, the Consumer Price Index rose by 0.6% in monthly terms and by 7.5% ...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 11, 2022 at 08:37

GBPUSD market insights by Solid ECN SecuritiesCorrection after the publication of US inflation dataCurrent trendDuring the Asian session, the GBPUSD pair is falling, testing the level of 1.352 for a breakdown.The development of corrective dynamics at the end of the week is due to the appearance of strong US statistics on inflation, which forces investors to act ahead of the curve. There is practically no doubt that the US Federal Reserve will start a cycle of raising interest rates during the March meeting. Now the whole question is how fast the US regulator will tighten its monetary policy an...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 11, 2022 at 07:11

AUDUSD market insight by Solid ECN SecuritiesAustralian currency updates local lowsThe Australian dollar is developing a strong "bearish" momentum in tandem with the US currency, testing the level of 0.7120 for a breakdown and updating local lows from February 8.In addition to technical correction factors at the end of the week, the downtrend was facilitated by strong macroeconomic statistics on inflation in the US, published the day before. The data showed a further acceleration in domestic consumer inflation to 7.5%, which is likely to require the US Federal Reserve to tighten mone...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 10, 2022 at 14:54

GBPUSD Market insight by Solid ECN SecuritiesConsolidation ahead of the release of statistics from the USANow the price of the GBPUSD pair is trying to gain a foothold above 1.355, but a serious increase will be possible if the asset leaves the descending channel, breaking through the level of 1.361. At the same time, the targets of the upward dynamics will be 1.3732 and 1.3793. If the level of 1.3488 breaks down, the decline may continue to 1.3366 and 1.3300. The indicators still do not give a single signal: the Bollinger Bands are horizontal, the MACD histogram is near the zero zone, its vol...

Crypto Analytics by Solid ECN v Krypto Feb 10, 2022 at 12:17

ADAUSD technical analysis by Solid ECN SecuritiesSince the beginning of this month, the ADAUSD pair has been growing in line with the general market trend.At present, the price has risen to the level of 1.1718 but cannot consolidate above it yet. The asset is in consolidation, waiting for more serious movement drivers. The key "bullish" level is 1.2700. Its breakout allows growth to the levels of 1.47 and 1.5625. The breakdown of 1.0742, supported by the middle line of Bollinger bands, will ensure the resumption of decline to the levels of 0.9675, 0.8789, 0.7812.Currently, the market...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 10, 2022 at 11:22

AUDUSD market insights by Solid ECN Securities Australia's economy is recovering steadilyThe Australian currency demonstrates relative stability against the background of the neutrality of the US dollar, currently forming a local uptrend and trading around 0.7172.Macroeconomic statistics coming from Australia indicate that the country's economy continues to recover from the effects of the coronavirus pandemic confidently.The index of building permits issued for January added 8.2%, which coincided with preliminary market estimates and exceeded the December increase of 2.6%. Thus, the pr...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 10, 2022 at 10:02

NZDUSD market insights by Solid ECN SecuritiesThe pair is consolidation at local highsThe New Zealand dollar traded flat against the US dollar during the Asian session, holding near 0.668. The day before, NZDUSD showed active growth, updating local highs from January 26, in response to a general improvement in market sentiment. In addition, the US currency remains under pressure ahead of today's publication of statistics on consumer inflation, as well as the monthly report on the state of the US budget for January. The market expects confirmation of a moderate increase in price pressure in...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 09, 2022 at 16:01

USDJPYThe pair is aiming for the January highDue to the difference in approaches to regulating monetary processes by the Bank of Japan and the US Federal Reserve, the USDJPY pair is strengthening its position and has now reached the level of 115.4, preparing to continue its upward trend towards 116.10.The long-term trend is upwards. Yesterday, the price broke through the resistance level of 115.40, and the next growth target was 116.1, which breakout allows the quotes to rise to the 117 area.The medium-term trend is upwards. Last week, the price reversed at the support level of 114.45. It rene...

Crypto Analytics by Solid ECN v Krypto Feb 09, 2022 at 15:58

Ripple technical analysisCurrent trendThe XRPUSD is trading within a long-term descending channel, however, since the beginning of this month, there has been a corrective growth in quotations.Currently, the price is testing the 0.91 mark (Fibonacci retracement 50.0%) and in case of consolidation above it, it will continue to grow to the upper boundary of the descending channel (1.0000 area) or to the 1.0742 level (Murray [7/8], Fibo retracement 38.2%). The key support zone for the bears remains 0.7812–0.7500 (Murray [4/8], 61.8% Fibo retracement). Its breakdown will give the prospect of ...

Crypto Analytics by Solid ECN v Krypto Feb 08, 2022 at 10:59

ETHUSD Market Analysis by Solid ECN Securities upward correction may endCurrent trendThis week, the ETHUSD pair continues to add value and has now risen to the area of 3235.00, which corresponds to four-week highs.Experts do not have a consensus on the drivers of the current upward dynamics, but many of them believe that the growth is caused by the enthusiasm of investors against the background of the release of January data from the American labor market. The indicators turned out to be significantly better than preliminary estimates and confirmed the overall resilience of the American econom...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 08, 2022 at 09:35

USDCHF Market Analysis by Solid ECN SecuritiesConsolidation in anticipation of new driversYesterday, the quotes were supported by the publication of data on unemployment. At the end of January, the indicator fell from 2.4% to 2.3%, better than the market's neutral forecasts. The report on the labor market for January also surpassed the preliminary estimates of experts. In particular, Nonfarm Payrolls amounted to 467K, which was more than three times better than market expectations. Wage data also added optimism: hourly wages rose by 0.7% MoM and 5.7% YoY for January, which was better than ...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 08, 2022 at 09:21

USDCAD market update by Solid ECN SecuritiesThe pair is testing 1.2700 for a breakoutCurrent trendThe US dollar demonstrates active growth in pair with the Canadian currency during the trading in Asia, once again testing the level of 1.27 for a breakout. The US currency received short-term support on Friday after the publication of a strong report on the labor market for January, which turned out to be much better than investors' forecasts. Strong data reinforced the belief of market participants that the US Fed may act more aggressively in choosing the vector of monetary policy. In partic...

Technical & Fundamental Analysis by Sold ECN Securities v Zkušení obchodníci Feb 07, 2022 at 14:53

NZDUSD Market Update by Solid ECN Securities Upward correction is likely to continueCurrent trendAfter the January decline to the levels of 0.654, the NZDUSD is being corrected with the target at 0.67 due to the emergence of investor interest in risky assets.Reserve Bank of New Zealand governor Adrian Orr is likely to revert to a plan to tighten monetary policy by scaling back quantitative stimulus and raising interest rates to keep inflation from rising. The next meeting of the board of governors of the regulator will be held on February 23. Until then, the instrument will probably trade in a...

Crypto Analytics by Solid ECN v Krypto Feb 07, 2022 at 11:33

BTCUSD Technical Analysis by Solid ECN SecuritiesCurrent trendThe BTCUSD pair attempted to rise last week and is currently testing the level of 42000 (Fibonacci retracement 38.2%), but for the “bullish” momentum to develop, the quotes will have to break the resistance zone of 42000–43750. In this case, the trading instrument may reach the level of 50000.The key “bearish” level is the middle line of Bollinger bands around 38500. The consolidation below it allows a decrease to the levels of 34375 and 31250. In general, despite the correction, the downside potential ...

EURUSD	1.13281	GBPUSD	1.33256	AUDUSD	0.64021
USDJPY	142.962	USDCAD	1.37897	USDCHF	0.8246

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