SolidECN's Beiträge - Seite 10

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 10:22

GBPUSD market update by Solid ECN Securities 😄GBPUSD prerequisites for a trend changeThe GBPUSD pair continues the upward trading dynamics, trying to break the resistance level of 1.361 at the moment, which will allow quotes to continue rising to their January highs.Yesterday's UK macroeconomic statistics supported the pound's position, as it supported the further tightening of monetary policy by the Bank of England at its regular meeting in March. Thus, the annual inflation rate was fixed at a new 30-year high of 5.5% (the indicator is growing for the fourth month in a row). ...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 09:29

FTSE 100 Market update by Solid ECN SecuritiesPositive reporting pushes quotes upThe FTSE 100 index is trading near annual highs at around 7570 on the back of positive reports from commodity companies.The world's largest supplier of commodities and rare earths, Glencore Plc, released a strong report, according to which EBITDA increased by 84% for the year to 21.3B dollars, while the company's net income was 5.0B dollars. In turn, net debt decreased by almost 2 times to 6.0B dollars. On the back of positive results, the issuer announced the launch of a new 550M dollar share buyback pro...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 08:13

USDCHF market update by Solid ECN SecuritiesThe US dollar updates local lowsThe US dollar showed a moderate decline against the Swiss franc during the morning trading session, again poised to test the strong support at 0.92. The day before, the instrument also made attempts to approach this level, but then the "bearish" momentum was not enough.It is worth noting that investors practically ignored the strong macroeconomic statistics from the US that appeared yesterday. In particular, the volume of Retail Sales in the country showed a strong growth. The dynamics of Industrial Productio...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 07:41

EURUSD market insight by Solid ECN SecuritiesThe market consolidates to remain neutralThe EURUSD pair moves sideways around the level of 1.1346, correcting after the growth in the previous two trading sessions, which led to the renewal of local highs of February 11 due to positive macroeconomic statistics. Today, the European Central Bank (ECB) will publish its monthly report, which may positively impact the dynamics of the euro.The USD Index is at the week's beginning, around 96. Investors are reacting to the minutes of the January meeting of the US Federal Reserve, published yesterday. T...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 07:22

Silver market update by Solid ECN SecuritiesSilver prices are consolidating near 23.5The instrument still cannot recover to the local highs renewed on February 15. Then the reason for the wave of sales was the weakening of geopolitical tensions in Eastern Europe when it became clear that the forecasts and assumptions about possible military operations on the territory of Ukraine did not materialize. Although investors have turned their attention to the usual macroeconomic background and started predicting the actions of world regulators, certain geopolitical risks remain, and therefore the dem...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 17, 2022 at 06:50

USDCAD market insight by Solid ECN SecuritiesThe instrument develops flat dynamicsThe US dollar is again trading with upward dynamics against the Canadian currency during the Asian session, testing 1.27 for a breakout.Considerable support for the US currency is provided by macroeconomic statistics from the US on consumer inflation published the day before. Support and resistanceIn the D1 chart, Bollinger Bands are reversing horizontally. The price range is changing slightly, but remains rather spacious for the current level of activity in the market. MACD is trying to reverse upwards keeping a...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 16, 2022 at 13:39

AUDUSD Market insight by Solid ECN SecuritiesThere is neutrality between the currencies in the pairThe AUDUSD pair corrects within a sideways trend amid the stabilization of the American currency and is currently trading around 0.7152.The Australian dollar shows relative stability, which was reinforced by yesterday's monetary policy report from the Reserve Bank of Australia (RBA). According to the regulator, the outbreak of the Omicron coronavirus strain affected the pace of economic recovery but did not undermine its growth. The USD Index currency also does not show a directional trend, a...

Crypto Analytics by Solid ECN in Krypto Feb 16, 2022 at 12:40

XRPUSD market insight by Solid ECN SecuritiesThis week, the XRPUSD pair resumed growth after a downward correction towards 0.75 with primary targets at 0.91, and 0.9766.At the moment, the key “bearish” level is 0.75, supported by the middle line of Bollinger bands. Its breakdown will give the prospect of developing a downward movement to the levels of 0.586 and 0.4883. Still, this option seems less likely since technical indicators signal the continuation of the existing trend: Bollinger Bands and Stochastic reverse upwards, the MACD histogram increases in the positive zone.Support...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 16, 2022 at 09:20

Gold market insight by Solid ECN SecuritiesPrice retreated from all-time highsGold quotes are consolidating near the level of 1850 after a noticeable decline yesterday, when the XAUUSD pair retreated from its all-time highs since June 2021. On Tuesday, demand for safe assets declined noticeably after forecasts of upcoming hostilities in Eastern Europe did not come true. The Russian authorities announced the withdrawal of part of the troops to their places of deployment after military exercises in Belarus and diplomatic negotiations with interested parties. Against this background, investors sw...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 16, 2022 at 08:24

GBPUSD Market insights by Solid ECN SecuritiesDevelopment of flat dynamics in the short term.GBPUSD has shown a poor upward trend against the US currency during the morning session, holding near the level of 1.355. Since the beginning of the month, it has been developing a generally flat dynamic in the short term. The instrument reacted insignificantly due to the improvement in the geopolitical situation in Eastern Europe after there were signs of a resolution of the tense situation solely from the standpoint of diplomacy.Yesterday, the market focused on macroeconomic statistics from the UK. T...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 16, 2022 at 08:04

EURUSD market insights by Solid ECN SecuritiesCorrection after lowering geopolitical risksThe EURUSD pair slightly declines during the Asian session, correcting after strengthening positions yesterday, which was due to positive signals about the return of some Russian military personnel to their places of deployment after conducting exercises on the borders with Ukraine, so the risks of further escalation of political tension in the region have noticeably decreased.Investors follow the macroeconomic statistics, which set the dynamics of the movement of the trading instrument earlier. In partic...

Crypto Analytics by Solid ECN in Krypto Feb 15, 2022 at 16:07

ETHUSDTechnical analysisThe ETHUSD pair continues its upward correction against the medium-term downtrend.Last week, the token price fell to the support zone of 2812–2930, the middle line of Bollinger bands, but this week, the growth resumed. The breakout of 3125 allows growth to the levels of 3300, 3575, 3750.The key “bearish” zone is 2812.5–2930, the consolidation below which will allow the cryptocurrency to fall to the levels of 2500 and 2187.50, the lower limit of the ascending channel.Technical indicators, in general, reflect the continuation of the upward trend: B...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 15, 2022 at 08:33

Gold market insight by Solid ECN SecuritiesInvestors build up positions in gold againGold is trading near the three-month high due to increased demand for shelter assets. At the moment, the metal quotes have broken the level of $1,850 per ounce and are trying to consolidate above it.The upward dynamics in the asset is the reaction of investors to the likelihood of an imminent increase in the US Federal Reserve interest rate against the backdrop of rising annual inflation, which last month rose to a record high for 40 years and amounted to 7.5%. Traders fear that instead of the expected 0.25%, ...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 15, 2022 at 07:37

USDJPY market insight by Solid ECN SecuritiesThe US dollar holds its previous positions.The yen continues to be a shelter asset as the situation in Eastern Europe remains tense and forces investors to look for alternatives to their traditional portfolios, which have recently been characterized by high-risk demand. In turn, the US dollar is also quite attractive for market participants, given the prospects for an increase in the US Federal Reserve interest rate this year.The macroeconomic statistics provides moderate support for the yen on Tuesday. Thus, Japan's Q4 GDP grew after a decline ...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 15, 2022 at 06:58

Crude Oil market insight by Solid ECN SecuritiesPrices renew record highsAt the beginning of the week, the quotes of "black gold" approached the level of 96.00 for the first time since October 2014, reacting to a further escalation of tension in Eastern Europe. In particular, due to the situation around Ukraine, there were concerns among traders about the export of Russian oil and the introduction of new Western sanctions.During the day, the US will release statistics on manufacturing inflation and publish the traditional report from the American Petroleum Institute (API) on stocks f...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 14, 2022 at 16:21

Microsoft Corp. market insights by Solid ECN SecuritiesThe price has set new local lowsAt the end of January, Microsoft Corp. reported for Q2 2022. Revenue grew by 20%, exceeding the expectations of The Wall Street analysts. The company sees steady demand for its cloud computing and productivity software. Thus, the Azure cloud infrastructure platform increased revenue by 46%, and commercial revenue from Office 365 increased by 19%. In general, the corporation is becoming more and more profitable, expanding its activities around the world. Operating and net profit increased by 24% and 21%. Earn...

Which Broker to choose for US resident? in Erfahrene Trader Feb 14, 2022 at 16:20

Solid ECN accepts traders from the US.

Crypto Analytics by Solid ECN in Krypto Feb 14, 2022 at 14:58

BTCUSD market insight by Solid ECN SecuritiesThe decline of "digital gold" may continueLast week, the BTCUSD pair had ambiguous dynamics. At first, the price rose above the level of 45800 but then lost the gained positions, returning to the area of 42000.Experts associate the movement of the cryptocurrency market with the release of fundamental American statistics. The rise in prices occurred against the backdrop of positive January data on the US labor market, illustrating the recovery of the national economy, and the decline was the result of poor January data on inflation. This ...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 14, 2022 at 11:07

S&P 500 Market insights by Solid ECN SecuritiesInvestors are waiting for signals from the US FedThe S&P 500 is correcting lower, trading at 4425 amid a disappointing inflation report. Consumer prices in the US rose by 7.5% in annual terms, which is a significant obstacle to the development of national business. Such a high figure cancels out almost all the profits that companies show, and in this regard, today's emergency meeting of the US Federal Reserve is seen as the only support measure.The growth leaders in the index are Newell Brands Inc. (+11.07%), Baker Hughes Co. (...

Technical & Fundamental Analysis by Sold ECN Securities in Erfahrene Trader Feb 14, 2022 at 10:12

USDJPY market insights by Solid ECN SecuritiesUS Fed may raise rates todayDue to the stabilization of the US currency, the USDJPY pair is correcting around the level of 115.5.Yesterday, the Japanese currency made a significant leap after the Bank of Japan announced the first purchase of government debt bonds (JGB) in the last three years. Previously, such an operation was carried out at the end of July 2018. According to the regulator, the buyback will be carried out in an unlimited amount on Monday to keep long-term interest rates under control. The main reason for this move is that the under...

EURUSD	1.13301	GBPUSD	1.33354	AUDUSD	0.63907
USDJPY	144.278	USDCAD	1.38105	USDCHF	0.82681

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