fxpublisher.com(5 years LIVE statement) Omówić

Hello There,

From Today we are going to give you an Idea about the direction of our trade hope could be useful:

Our long position for eur/usd activated with target of 1.31 and 1.313. If the uptrend remains, the third target for intraday trading will be 1.3201.our weekly outlook for eur/usd is up.

eur/jpy Long position opened
The price might rebound from the first resistance level at 104.70, so we are planning to close some of our long positions near this level. The immediate support line is at 103.5

Please note that we don't want to send any buy or sell signal here and using them without knowing our strategy may cause you a big loss.


Regards

Fxpublisher Group

Hello There,

eur/jpy:

The gap between the shares of long and short positions has narrowed to 12%. Nonetheless, SWFX traders’ sentiment
remains bullish, as the single currency is the most popular currency at the moment among its major counterparts and we have some long positions too.

We should pay close attention to the identified resistance levels for the pair at 103.60, 104.4 and 104.9.

Regards

Fxpublisher Group

Hello there,

we are not going to close our positions this week and we let our positions be open for next week.
We have buy positions for eur/usd,eur/jpy and aud/usd .

Hope till this moment you have had a great week with a lof pips.

Regards

Fxpublisher Group

Hello fxpublisher
ed
I am interested in the pamm cause i am not good in trading but want to invest money into the business but i have a question for you.
Why is it that your etoro system should be manage different from your Pamm account with instaforex. you said is not automated that means it will not bring the same income and benefit derived by etoro

The system sound discouraging, if there is preferential treatment in the management, means that my investment to your instaforex can be blown away in no time. Since i don't have big capital like 5k, 10k 20k. Any business oriented person should be able to management is business whether small or large
what do u have to say about this
thank you

   kenosky posted:
   Hello fxpublisher
ed
I am interested in the pamm cause i am not good in trading but want to invest money into the business but i have a question for you.
Why is it that your etoro system should be manage different from your Pamm account with instaforex. you said is not automated that means it will not bring the same income and benefit derived by etoro

The system sound discouraging, if there is preferential treatment in the management, means that my investment to your instaforex can be blown away in no time. Since i don't have big capital like 5k, 10k 20k. Any business oriented person should be able to management is business whether small or large
what do u have to say about this
thank you

Dear Kenosky,

About your question we should say that,first of all the eToro doesn't let us to trade with PAMM,and the min trade size with etoro is 10000 units(1 pip=1 $) . In our trading we don't use a big leverage so if we want to trade with small amount with big lot size mean over leverage and don't do that. This is the reason that the etoro account should be min 20k. BUT in instaforex they let to trade with 1 pip=1 cent. I means we can trade with small amount + all the small amount can go in one account and then we can trade with bigger amount.
Hope you understand our limitation about insta and etoro.

Please fell free to contact us if you have more questions.

Regards

Fxpublisher Support Team

Hello All,

In the view of many analysts, the Euro is likely to head lower in the coming weeks, as they expect that the European Central Bank (ECB) may eventually adopt further monetary easing steps to support the region's economy.

The Euro had earlier slipped to $1.2878, its lowest level since the 23rd of January, and it fell 0.1% to 103.17 Yen.

The safe haven Dollar, on the other hand, has risen broadly, as currencies sensitive to shifts in risk appetite had come under pressure.

The U.S. Dollar had edged up 0.1% to the Yen to 79.98 Yen. The Greenback had been supported by Dollar buying by Japanese importers and following Japanese Prime Minister, Yoshihiko Noda, having told The Wall Street Journal over the weekend, that all options were on the table for dealing with the strong Yen. He stopped short though, of saying that the currency was overvalued.

The Greenback earlier touched $1.0012 to the Aussie.

The Australian Dollar had declined even after the People's Bank of China had announced that reserve ratios will fall 50 basis points, effective from May 18th. This is the third reduction in six months and is significant for Australia, seeing that China is its largest trading partner.

The People's Bank is expected to release an estimated 400 billion Yuan ($63.5 billion) for lending, to avert the risk of a sudden slowdown in what is the world's second largest economy.

Regards

Fxpublisher Support Team

Hi All,

The Euro today slipped to a new four month low to the Dollar. The political impasse in Greece raised continues to raise concerns in the markets about the possibility that Greece may renege on bailout pledges and in so doing, exit the currency bloc.

Higher yielding currencies were also driven down on concerns about slowing Chinese and global growth. This has though boosted the safe-haven Yen and Dollar.

Greek Party leaders would convene at 11:00 GMT but the expectation is that President Karolos Papoulias's proposal to form a technocrat government, would bring an end to the stalemate and make a new election the most likely outcome.

Most analysts are of the view that a fresh election will make it more likely for Athens to abandon its bailout pledges. As a result there is a strong expectation should that occur that Greece will abandon the Euro too.

In France, Francois Hollande will be sworn in today as president of the second-biggest Euro economy. This represents France's first power shift to the Socialists since 1981.

Earlier today the Euro stood at $1.2825, having fallen as low as $1.2814 which was its lowest level in almost four months.

Most market players are of the opinion that the Euro will, at least in the short to medium term, be headed down. Any rally from here will likely be a chance to go short.

The Dollar index rose to a four month high of 80.739 above its March peak.

Despite the Dollar's gains, speculation abounds that the U.S. Federal Reserve is willing to take additional easing steps should the U.S. economy deteriorate and this has curbed its rise somewhat.

U.S. retail sales and consumer inflation data are due out later in the day and are in focus, mainly because they could change the current expectations.

The Dollar moved only a little against the Yen to 79.86 Yen.

The Australian Dollar was hovering around a five month low against Greenback. The Aussie had briefly fallen to a five-month low of $0.9945, after the Reserve Bank of Australia's minutes of its May policy meeting had highlighted, that concerns about a cooling in growth and inflation were the reasons behind its unexpected 50 basis point rate cut earlier in the month.

The Aussie has also been pressured by concerns over slowing growth in China and other emerging economies, which have been the main drivers of global growth.

Regards

Hi all,

BREAKING NEWS:

(GR) Independent Greeks Party Leader Kammenos: There is no deal on coalition govt, new elections are likely to take place (as expected)- Follow up: Greece President's office confirms statements by Kammenos, fresh elections will take place- Caretaker government to be appointed on Wednesday,May 16th. Greece will pay holdouts €430M of a Euro bond
maturing today.

WHAT DOES THIS MEAN? This means more uncertainty in Greece
and more uncertainty in the Euro.

Regards

Forex Market Review And Upcoming Forex Calendar (May 21 ~ 25, 2012)

Here are some headlines that dominated the market for the week: Euro exacerbated its loss on further worries over Greece and France, the much anticipated Facebook IPO’ed this Friday but failed to boost the market, fear contagion and banking woes spread into Spain and Portugal.

In Greece, due to the failure to form a new coalition government, new elections are now scheduled for June 17th, with intense uncertainty surrounding the fate of Greece and the future of the pro- and anti-bailout parties. The situation in Athens deteriorated further, and fears led to a run on peripheral euro zone banks that on Monday alone (day after the election results), depositors withdrew €700M from Greek banks (since the beginning of the crisis, withdrawals have averaged between €2B and €3B a month).

In Spain, there were reports that depositors had withdrawn more than €1B from Bankia following its partial nationalization last week. Moody’s cut the ratings of 16 Spanish banks by 1-3 notches with the top two banks, Santander and BBVA, bore the brunt of the action with a 3-notch downgrade to A-3, as the credit rating agency noted deteriorating asset quality and little expectation of improvement for the sovereign economy.


In the US, while April industrial production rose on a yearly basis the most since December 2010, along with both strong April housing starts and building permits, the lowest Philadelphia Fed (-5.8 v 10.0E) reading in nine months and April Leading Indicators (-0.1% v 0.1%E) canceled out any positive data momentum. While the Feds are still reluctant to launch another round of Quantitative Easing and the fact that the above are second and third tier data, USD demand may remain mixed against other major currencies in the coming week.

In UK, BOE Posen stated that he might have been premature to say BOE had done enough on QE and that he never discussed keeping the powder dry on policy, and that there was less impact from latest round of QE than expected. This apparent flip flop of positions reminds me of John Kerry during his election campaign where he said “I voted for it before I voted against it…” In my opinion, this is confusing and when in doubt, sell the pound.


In the equity market, after two weeks of hype and some trading glitches at Nasdaq, which briefly delayed the opening of Facebook, the IPO started trading at $42.05 on Friday morning and finished the day at $38, right where the IPO was priced the day before. The market remains unimpressed at the moment, reflecting the general risk adverse sentiment.

Lastly, President Obama is hosting the G8 in Maryland this weekend, and while no major policy developments are expected, there has been plenty of chatter this week that leaders will discuss potential plans to calm markets and cope with potential Greece exit scenarios. Former ECB President Trichet commented on Friday that “In case a particular country does not apply the recommendations that are coming from the European Commission and the EU Council, and it appears it is impossible for that particular country to proceed…then it seems to me we should have the activation of federal government by exception.“

In conclusion, EURO may linger around the current levels with 1.2600 in sight, although some consolidation may take place pending on more negative news out of EU. With the Greek election scheduled for mid June, unless we get unexpected news out of Europe, EURUSD could remain range bound.
 CAD is likely to be driven by USD strength but should correct itself soon, it is probably best to stay out of CAD as its fundamental is diverging with its demand…
 AUD and NZD are likely to remain weak, although some consolidation over recent losses may take place.

Traders’ Sentiment :

Among the market participants in SWFX marketplace the most popular currency is the Euro, which was bought 71% of times
against the rest of the currencies. Situation with EUR/USD currencypair is very much similar, as 64% of positions opened are presently bullish and 36% of them are bearish, signifying increased conviction of the market the single currency will commence appreciation.

EUR

European manufacturing and services industries contracted in May.
A composite index based on a survey of purchasing managers in
manufacturing and services sectors declined to 45.9 from 46.7 in
April, said the Markit Economics on Thursday.
“The euro zone is being buffeted by major headwinds, notably
increased fiscal tightening in many countries and markedly rising
unemployment,” said Howard Archer, chief European economist at
IHS Global Insight in London.
“The heightened Greek crisis is magnifying the problems by weighing
down on already weak and fragile business and consumer
confidence, adding to uncertainty about the outlook.”
The Stoxx Europe 600 Index added 1.00 per cent to 241.91.
Germany’s DAX Index rose 0.48 per cent and France’s CAC 40 Index
gained 1.16 per cent. The U.K.’s FTSE 100 Index climbed 1.59 per
cent to 5,350.05.

Regards

[BREAKING NEWS]

(US) US Fed's Bullard commented that he continued to see US
2012 GDP at 3%. He did note that additional Quantitative
Easing was possible if the US economy deteriorated but that
scenario was unlikely at this time. He forecasted end-2012
US Unemployment Rate at 7.8%. He noted that Europe was in a
grave situation and that the ECB liquidity injections were
not a fundamental solution. He stated that any Greece exit
the euro could occur without much damage to the European
Union but safe haven flows were affecting FX markets.

(US) Q1 PRELIMINARY GDP Q/Q ANNUALIZED: 1.9% V 1.9%E;
PERSONAL CONSUMPTION: 2.7% V 2.9%E.

(US) MAY ADP EMPLOYMENT CHANGE: 133K V 150KE- Prior revised
down from +119K to +113K

How to interpret this?

US Economy continues to show resilience despite global
slowdown and European Sovereign Debt Crisis. Fed. Bullard
commented today that U.S. GDP is likely to reach 3% by the
end of the year and that further Quantitative Easing is on
the table although not likely. Bullard's position is the
reflection of the majority at FOMC and I believe QE3 will
probably not happen this year, especially considering that
the economy has not deteriorated to a point that would
require further Fed action, especially considering the low
bar (NFP 100K) that Bernanke set during his last FOMC Press
Conference.

Dear all,

This link providing excellent information about Europe / Euro:

https://europa.eu/abc/12lessons/index_en.htm

Regards

Fxpublisher Support Team

Hello All,

ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact on the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.00%

Here´s the link to watch the Webcast Live at 8:30am EST – Highly recommended!
https://www.ecb.int/press/tvservices/webcast/html/webcast_120503.en.html

Regards

(US) Renewed risk appetite helped to weaken the USD and JPY currencies against the European currencies.

(AU) AUSTRALIA Q1 GDP Q/Q: 1.3% V 0.6%E; Y/Y: 4.3% V 3.3%E (multi-year high).

(AU) Australia Treasurer Swan reiterated that the budget surplus gives the RBA plenty of scope and he still expects strong investment into the country.

(CN) China Securities Journal in a front page piece said the PBoC should cut rates in order to boost confidence and prevent overly large swings in domestic economic growth.

(UK) Morgan Stanley sees BOE increasing its Asset Purchase Target by £50B to £375B in tomorrow meeting

(UK) Deutsche Bank and Citi also expect the BoE to expand its Quantitative Easing at Thursday’s meeting. Some believe that the release of services PMI out of the UK (due Thursday before the BoE meeting) could be a factor which determines whether or not the BoE eases further.

(US) Fed’s Williams (FOMC voter): Must maintain stimulatory monetary policy stance (Quantitative Easing), Fed must be ready to do more if needed.

(EU) Fitch commented on Spain that the country to significantly miss its 2012 and 2013 deficit targets and that the Spanish bank aid was a critical step in reducing sector concerns.

(EU) Fitch cautioned that unless Euro Zone found new solutions, the break-up risk rises; and that sovereign ratings were under strong downward pressure. A potential Greek EMU exit could lead to AAA sovereign downgrades (Note: Fitch Asia-Pacific chief previously stated that any Greek exit from EMU would probably lead to sovereign downgrades of Italy, Spain, Ireland, Portugal and Cyprus).

(EU) It was reported Cyprus may require a bailout before the end of the month (June 30th is the regulatory deadline to recapitalize Cyprus Popular Bank). The CPB needs €1.8B to fund its shortfall (approx 10% of GDP). In addition, Cyprus also has €2B of sovereign short-term debt maturing next year. It was suggested that an aid request to the EU may be seen this weekend or next.

(US) Fitch: US, France and UK AAA rating under pressure and respective debt ratios must stabilize fairly soon.

US Facing Significant Downside Risks Economic Outlook:

US Facing Significant Downside Risks Economic Outlook (US) MAY ADVANCE RETAIL SALES: -0.2% V -0.2%E RETAIL SALES LESS AUTOS: -0.4% V 0.0%E (largest ex-autos decline since May 2010) Sales Ex Auto & Gas: -0.1% v 0.4%e Prior Advanced Retail Sales revised lower from +0.1% to-0.2 % Prior Less Autos revised lower from +0.1% to -0.3% Prior Ex Auto & Gas revised lower from +0.1% to -0.1% (US) MAY PRODUCER PRICE INDEX M/M: -1.0% V -0.6%E (US) PPI EX-FOOD&ENERGY M/M: 0.2% V 0.2%E (weakest Y/Y PPI since March 2009) PPI Y/Y: 0.7% v 1.2%e – PPI Ex Food & Energy Y/Y: 2.7% .

The Netherlands “is affected by the ongoing euro area debt crisis and regional economic weakness”
- Moody’s Investors Service

EUR

Moody’s Investors Service cut credit ratings of ING Groep NV, KBC Groep NV, and Rabobank on concern that the debt crisis makes them vulnerable.
“Dutch banks will face difficult operating conditions throughout 2012 and possibly beyond,” Moody’s said in the statement. The Netherlands “is affected by the ongoing euro area debt crisis and regional economic weakness,” it said.
“If a Greek exit became Moody's central scenario, further rating actions on European banks could well be needed,” it added.
European stocks gained on Friday. The Stoxx Europe 600 Index rose 0.98 per cent to 244.21. Germany’s DAX Index edged higher 1.48 per cent and France’s CAC 40 Index increased 1.82 per cent.

What Happen After Greek Elections?

(EU) Optimistic markets rallied higher after Greece pro-austerity New Democracy party won the parliament Greek elections, they are expected to create a coalition by Wednesday and secure 179 of the 300 seats. Note the Greek parliament released official election results putting the ND party at 29.7% of the votes (129 seats), and the Syriza party at 26.9% votes (71 seats). The winning wining party is awarded extra 50-seat bonus in the parliament, making the ND party the majority with 179 seats). Following the Greek elections, an article by the Telegraph’s Evans-Pritchard commented that Greece will eventually have to leave the EMU regardless ...

(GR) Greece coalition government expected to be announced later today, coalition to include New Democracy, Pasok and Democratic Left parties - Greek press notes these three parties are currently meeting to form the coalition, with New Democracy’s Samaras as PM. (ES) Bank of Spain (BOS) was said to have asked auditors to delay their reports in order to conduct a more thorough study. Press reported the central bank asked the four auditors (Deloitte, KPMG, PwC and Ernst & Young) to delay their reports until after the summer instead of by July 31st. The auditors are conducting the second phase of an ...