Whether Brexit has affected the economy of United Kingdom

United Kingdom-quarter GDP data two years 2016 released yesterday showed an increase far beyond estimation. With the rate of GDP 0.6% QoQ exceeded expectations of 0.4%, it is clear that the United Kingdom referendum staged Brexit in terakselerasi economic conditions. But, now, a month after the referendum States that more than some people want out of the EU, whether the United Kingdom economy is still primed, or are already starting to hit?

Ahead of the BoE meeting next week, it is worth re-evaluating a few economic reports the latest United Kingdom.

1. The manufacturing sector and services
A package of business survey results report the Markit/CIPS held last week indicated that the United Kingdom's manufacturing and services sectors are experiencing the fastest decline since the year 2009, due to the shock caused by the results of the referendum on 23 June. PMI Manufacturing collapsed to 49.1 from 52.1 previously, whereas PMI services slumped to 29.5 from previous 52.3. It is clear that business sentiment in the country are based in London that was devastated.

The business sentiment in turn will be reflected in the decisions of the business in the aggregate economy imposes potentially United Kingdom, particularly in the sector of employment.

2. Consumer Sentiment
On the other hand, the consumer confidence index in July, according to the YouGov survey results and the Centre for Economics and Business Research (CEBR) "next →" to the lowest level in three years at 106.6. The community is mainly worried about what will happen to the value of their property after being reduced due to the increasing difficulty for people who want to move from continental Europe to the United Kingdom.

"If the concern of the owners will price their property to become a reality, then there could be very serious consequences for the housing sector as well as the economy in General," said CEBR Managing Director, Scott Corfe.

Economists initially hoping consumer spending could provide a way for the United Kingdom to avoid recession. However, retail sales turned out to be no less of a sharp fall after the referendum, as shown by the CBI Distributive Trades survey results the Survey yesterday. The index recorded the survey results of the activities of sales in the company's retail and wholesale 150 United Kingdom was experiencing, much lower than expectations 1 numbers the previous index 4.


3. The construction sector
In the construction sector, activity of any observed slowing down post Brexit. A survey held by the Royal Institution of Chartered Surveyors (RICS) predicts growth in construction activity will only reach 1% in the next 12 months, down from a previous estimate of 2.8%.

Meanwhile, the property market was the hardest hit sector since the referendum of 23 June Brexit. In addition to the income projection jeleknya ahead, stocks in this sector shrank and some mutual funds related had to disuspensi because of the hectic action selling.

4. Employment
The number one of the consequences of poor sentiment in the third sector is that companies trim their work force recruitment plans. Up to now, at least the construction companies and retail has indicated would act that way.

It's not just a new recruitment, salaries for employees suffered any threatened jammed. A survey from a human resources company XperHR and reviewed Reuters Thursday showed that the median salary in the quarter II/2016 only rose 1.8%, whereas over the last two years have been at 2% or more.

Sheila Attwood has from XperHR says, "it remains to be seen how the uncertainty surrounding the impact of options Brexit imposes on the salary, but we likely will see salaries remain low for months to come."

Conclusion
From the reports, it can be concluded that the results of the referendum of the current Brexit are primarily promoted business sentiment, both from the side of the producers as well as consumers. With poor expectations of market participants then the projected course of the economy in the future will be a drag, but the real effect on actual economic Brexit United Kingdom yet to be seen.

With a summary of the case, then unclear also whether the Bank of England's Policy Committee next week will consider an economy already requires the "buffer" or not. Though analysts widely mengekspektasikan BoE to slash interest rates at a meeting on 4 August, but the Regent Office still refuses commitment.

The Governor Mark "untrusted boyfriend" Carney has indeed been declared its readiness to trim interest rates or other policies in order to cope with running economic slowdown, but in the actual current slowdown has yet to happen (or at least, the evidence of impending slowdown has yet to appear). Martin Weale, a member of Netanyahu's MPC in BoE, in one interview last weekend says that the economy is worse than the conjecture, but he still refused to answer questions about when he thought (if needed) the stimulus will start took place.

The FOMC Doesn't Raise Interest Rates In July, The Dollar Widened

U.s. dollar stepped back in Asian trading session Thursday (07/28/2016) this morning after the US Federal Reserve interest rate rise signals stop in the near future as a result of the FOMC meetings which have been held since two days ago. The Yen's strength in picking any expectations that Japan's Central Bank will not launch a stimulus by previous investors.

Netanyahu's Belief Is Not Enough For The FED
After the FOMC yesterday, the FED said that it was already not too worrisome possibility of shaking against the US economy, and pointed out that a rise in interest rates in September were still possible.

"Short-term risks to the economic outlook has faded," said policy makers of The Fed. However, an increase in the "mood" of the central bank that apparently is not enough to establish the expectations will increase interest rates soon.

The dollar index, which measures the strength of the US dollar against six major currencies, stood at 96,591, below the high level 97,530 on the range last night. Earlier this week, the dollar index climbed as high as 97,569, the highest since March.

Euro surges to form a 1 percent against the U.S. dollar, from low level night became 1.0960 1.0725 this morning. Meanwhile against the Yen, the dollar slipped 0.3 percent to 104.91 yen.


Most Likely December
"If the US economy continues to grow despite the high increase in the problems and gaps in the labour market will fade, and we estimate that the Fed will still endeavour to increase interest rates once more before the end of the year especially in December," said Rabobank strategist cited by Reuters.

"However, the rise in interest rates in December we mean is to record, the risks taken into account by the FOMC not go up substantially in the year 2016," continued the Rabobank.

Gold Prices Rise, After Announcement Interest Rate U.S.

The price of gold in the Asian session on Thursday (07/28)2016 rising along with investors further digest the latest view of the Fed and back focusing on monetary policy announcement by the central bank of Japan's Friday tomorrow. When this news was revealed, XAU/USD traded in a range of price levels 1.338 u.s. dollars.

Meanwhile, on the Comex, the New York Mercantile Exchange, the price of gold futures for December delivery increased by 0.91 percent to 1.346 dollars per troy oz. While the price of silver futures for delivery in September experienced significant increases of 1.58 percent to as low as the price of 20 u.s. dollars per troy ounce and the price of copper futures for delivery in September became 2,195 dollars per pound thin ride i.e. of 0.46 percent.

During the trading session Wednesday evening yesterday, the price of gold was able to remove his descent in the midst of the U.S. economic data releases which only showed a rise of thin and the FOMC meeting last night.

Since experiencing a sharp rise in 28 months at the beginning of last July, the price of gold out of two percent as investors took the risk in equities globally. Even so, the price of the precious metal gold is still capable of creeping up 25 percent and is price its strongest in a decade.


The Results Of The FOMC Policy Meeting
On Wednesday night yesterday, the Fed's policy makers have decided to keep interest rates let between 0.25 percent up to 0.50 percent. However, the Fed also stated, the risks-the risk to the outlook of the economy in the U.S. have been reduced. This condition is open opportunities there will be tightening policy this year.

In addition, the U.S. central bank also said the economy in the U.S., has already begun to develop on the level of employment data and there are also showed a strengthening in June. In addition, the Fed policy makers also stated, they will still continue to keep an eye on inflation data and the global economy as well as the development of the financial markets as the basis of a consideration of decision-making at meetings later.

Now the Fed officials were waiting for the initial estimate of GDP data for the second quarter are forecast to indicate the economy is in the United States will rebound from the previous quarter. Meanwhile, a Reuters poll exposes that the Fed would likely await until December to start raising the interest of the tribe.

As already known, the gold price will tend to be bearish when the Fed raises interest rates. It will also be weighing down gold prices gold precious metals and lead compete with asset berimbal behind the flowers.

Learn Forex Trading From an experienced Trader

There are various reasons why people want to trade on the forex market, for example to get an experience in trading currency. In addition, there are usually people who are tempted by a promotion, stories from close friends, or see for yourself the activities carried out by a senior trader and successful.

After learning that success, often from those who do try actions for the sake of getting profit opportunities. Steps like this are certainly not correct, in order to become a successful trader should refer to the descriptions below.

1. Learn the Basics of Forex Trading
One important thing to be the beginning of your core trading is how you can generate profit. From the results it can profit you can use it to meet the needs of life even though you probably was not a full-time trader. That's the goal that might support you to keep learning and have the passion to continue to learn just about anything related to forex trading.

In addition to adding to the information on the website or forum Forex, have a colleague, friend, or a teacher who can provide guidance is an example of the steps and the easiest way to learn forex. Once you've found a match, then people learn what is done by the person. It is not enough just looking from a distance, you need to study more closely and more carefully. That means you should also follow the seminars, or you come home to your mentor.


2. Learn from other traders
The existence of the presumption that most of what you do in life is the result of imitating of people around you may be right. Since childhood starting from practice runs, to be run, it's all thanks to the learning of the people surrounding. So, now, you can talk, work, and do your learning activities are the result of people who are close to you.

In addition, your good actions and behavior in this life is the learning outcomes obtained from filmed people around you. For example, you can study mathematics because there are teachers who teach and you can learn about the ins and outs of Forex trading should also have to have a teacher or traders who could be invited to discuss.


3. Find successful traders around you
All around you there are close friends, relatives, and friends. So too with the profession of each of Your colleagues. There is nothing so officials, employees, traders or entrepreneurs, and also a trader. All have different styles of the profession. You can find a good trader and start to learn some strategy, analysis and their trading opportunities.

In addition, try to understand the principles and ask what kind of trading tips are used so as to make such a successful trader is able to get profit as well as collect the profits. In addition, ask also how the trader trying to achieve it. This can be done after you can find a friend or teacher are suitable and willing to teach their knowledge.

Look for the figure of successful traders who really want to take the time even though only a little for you. After you find it, write down, and listen to what they say. Try to understand and do what was already understood from the explanation so that you can also find profit promises. In addition, you can also learn about forex trading success through stories or story interesting traders about their experiences. Later it could be would be able to add your insights related to the strategies and opportunities in trading for profit.


Conclusion
Learn from an experienced and successful trader course will greatly assist You in finding the style of trading. Still and just wait for a trader comes to you and awaits a tutor approached and teach forex to you will only be a detriment and a waste of time. Search and find successful traders as a reference in forex trading, then the road to success as a trader is wide open.

Top 10 main players in the Forex Industry

Most of you would already know that in the forex market there are a variety of perpetrators. Ranging from small retail traders aka play, then also the multi national corporations, financial institutions other than banks, speculators and a series of other principals.

Of the many players who jumped on the forex market, one of the principals that can be categorized under the major players that are capable of being market movers in the forex industry is a very large bank. Why is it called very large? Yes, if tracing the assets that dimikinya and diputarnya funds in the Forex market is really tremendous. Moreover, when compared with average retail traders.

With an estimated value of transactions (according to a survey in April 2013 by Triennial Central Bank worth 5 trillion u.s. dollars in one day, banks are expected to take a share of about 60 percent more than the total of the transaction. Imaginable is not how active and its massive banks that engage in forex transactions? Let's suppose calculate servings from each of the financial institutions in forex transactions daily.


1. Citi
The portion of the transaction of forex industry 12.9 percent = ± 645 billion us dollars
One of "the Big Four" older than 200 years survived occupied the first place as the financial institutions were actively trading foreign exchange. Despite being the largest portions, it does not mean the bank was able to avoid a crisis. In 2008 then, Citi still took a loss due to the financial crisis. At least 300 billion u.s. dollars of troubled asset value of his ever making Citi collapsed, until finally gets an injection of funds from the U.S. Government. But not long after that (dipertengahan) again managed to tread the ladder of success by going back to obtain savings fund society a number of 420 billion u.s. dollars.


2. JPMorgan Chase
Forex industry transactions share of 8.8 percent = CA. 440 billion u.s. dollars.
The Bank, according to many sources, is the sixth largest bank in the world (in the category of quantity of assets), as well as becoming the largest bank in the US. This makes sense because before formed as now, investment banks have been undergoing share merger. About a thousand more or less two hundreds of institutions have been fused over the career of the establishment became the largest bank in the US. Not without obstacles to become the bank of it, because JPMorgan Chase after ditelisik should also bear the risk of loss due to one of the tradernya doing the manipulation of transaction derivatives. Of those cases, estimated losses reached 9 billion u.s. dollars and has not added a penalty.


3. UBS
Forex industry transactions share of 8.8 percent = CA. 440 billion u.s. dollars.
Companies that confers a benefit on the country Switzerland, this inevitably suffered a storm of financial sector crisis in the U.S. in 2008 and suffered a loss of approximately 50 billion u.s. dollars. Even fines by the Supervisory Commission of financial institutions in the U.S. induced manipulation of transactions made traders who work in it worth 290 million dollars. Remember the bank still needed its existence ("too big to fail"), eventually through government intervention and the inclusion of Switzerland returned investors managed to reverse the losses into profits. Around 2014, the value of assets UBS back soaring to number 1.7 trillion u.s. dollars.



4. Deutsche Bank
The portion of the transaction of forex industry 7.9 percent = CA. 395 billion us dollars.
Banks that have already passed through two world wars, three time world financial depression and able to survive when the separation of Germany is also willing to occupy the position of the second largest bank in the world when it enters the new millennium. In 2009, Deutsche Bank even dominate the position of "foreign exchange dealer" by mastering more or less 21 percent market share. In line with the increasing competitive world of financial services and the development of the era, these achievements are now increasingly degenerated. The bank is rumored to even have to answer themselves suffered losses during the year 2015 yesterday as much as 6 billion euros. But however, the bank still is still operating in 70 countries.



5. Bofa Merrill Lynch
Forex industry transactions share of 6.4 percent = ± 320 billion u.s. dollars.
Previously, the institution was named Bank of America just before the end of 2009 the acquisition of a major financial institution, i.e., Merrill Lynch. The merger of the two giant institutions rumored not as smooth as expected. The drop in stock value more than seventy percent of any inevitable. The heyday of this investment bank recently evidenced by the achievement of extraordinary results in the financial industry with ever to obtain the acceptance of the second-largest in the world in 2011.

6. Barclays
The portion of the transaction of forex industry 5.7 percent = ± 285 billion us dollars
Big name investment banks from the United Kingdom is not free from difficult times. One of them is a result of not being able to return the loans from other banks that had to be repaid in one day as many as 3.2 billion u.s. dollars. The Bank became one of the market makers in the forex industry is apparently also forfeiture of financial supervisory authority in New York as much as 635 million u.s. dollars. Because Barclays caught using special algorithms in the electronic trading system that at its core obstruct or resist orders from users in order to potentially harm the bank.


7. Goldman Sachs
The portion of the transaction of forex industry 2.9 percent = CA. 235 billion u.s. dollars
Large investment bank in the U.S. that employs this person has assets 36,500 861 billion u.s. dollars, though it never separated from the controversy. Since established in 1869, the bank already often perform the action berbuntut is detrimental to his client. The nickname "the most hated bank worldwide" ever pinned on him.

Of them in 1929, the bank never make a system with the base of the pyramid scheme disguised as a mutual fund. The scheme was successfully made losses for its clients amounting to 300 million u.s. dollars. Later in the 1970s, Goldman Sachs was involved again in the manipulation of financing against an industry that is already bankrupt. Has not yet been passed, the bank makes a surprise return by selling products which ultimately deposit the buyer deposits this does not obtain the result because the value of the claims should be paid to the purchaser exceeds the value of the bank itself.

When it comes to the financial crisis in 2008, Goldman Sachs was forced to borrow central bank bailouts from the US amounted to 782 billion u.s. dollars for the sake of saving its existence.


8. HSBC
The portion of the transaction of forex industry 2.9 percent = ± 230 billion u.s. dollars.
HSBC built by the Scots who migrated to Hong Kong while still a colony of the United Kingdom. In its history, the bank managed to occupy a position as the fourth largest bank in the world seen from the quantity of assets that reached 2.67 billion u.s. dollars. This may be one of the great achievements of HSBC because in the event of a financial crisis that hit the U.S., the bank was thus able to survive and are able to meet the demand of the Government of the United Kingdom in order to increase capital adequacy. Proven shortly after the regulation is implemented, HSBC has been able to deposit additional funds worth 750 million pounds.



9. XTX
The portion of the transaction of forex industry 3.9 percent = ± 195 billion us dollars
XTX non banking institution is the only one that became a phenomenon in the world of Finance (transaction currency) in this year. A company stub which positioned itself as a "market maker" in the forex industry managed to shift the banks like Deutsche Bank for transactions in the spot market and become the fourth largest in the world by taking a share of about 7.5% to the spot market. Although still belongs to the new company, but its appeal managed to hook the top brass from many major world financial institutions to join in the managerial XTX.



10. Morgan Stanley
The portion of the transaction of forex industry 3.2 percent = ± 160 billion u.s. dollars.
Do you know how his horrendous events Google's IPO in 2004? Know the financial institution who also launched the process? Right, none other than Morgan Stanley No. However, this is not a seasoned bank escaped scandal. Like other banks in the U.S., the bank should be willing to accept the offer from the Government if it is to avoid bankruptcy due to the crisis of 2008. Eventually the Fund about 107.3 billion u.s. dollars (being the largest penghutang among banks at the time) for maintaining the sustainability of digelontorkan Morgan Stanley.

That's the 10 financial institutions are a major player in the forex industry. The steps they have always been the spotlight market, either when they were involved in the scandal as well as affected by the crisis, as can-can save a systemic impact. For that reason, analysis-analysis of the banks it was frequently quoted in news forex and heard by many market participants.

U.S. Company oil reserves decline, oil prices go up

Analysis Of The Trend Of Major Oil
1. Again oil companies in the U.S. is declining, the company can only supply about 2.3 million barrels for the production of the goods, this affects the production of goods at commercial companies because the majority of the industry use energy from petroleum products. Therefore, this may affect the country's production report as the USD in the US. After briefly predicted down on previous oil analysis, USD is predicted to be down again due to the activities of the perdaganggannya who experience barriers. in the point of view of oil prices, oil is also increasingly ride with the reason oil supply that is increasingly hard to come by.

2. with the reasons above predicted oil would go up and down so that the opportunity buy USD appear on oil.

 Analysis Of Trend Of Minor Oil
1. Oil experienced a very short pulses rose although quite small, but it can be a awakl rise in the price of oil for the long term if strong 43.45 level who also became a stop loss on the previous analysis, capable of reflecting the price back up. rising oil is also supported with the fundamental data as has been spelled out on a major trend analysis. buy diharga now can be opened with the limitations of the already formed on the minor trend of oil.

2. Buy can be opened at the price now with stop loss at the level of 42.36 and take profit at level a is the strong level of 43.36 closest above the current price. If the trader does not want to limit the profit with the take profit, then SL plus can be used when traders encountered the opportunity when prices are already pretty far from open positions in profit. Exclusively for users of the martingale which refers to oil journal, the position is still terfloating and trader must wait for a chance buy improvements.

3. Recommendation buy at current prices with stop loss at the level of 42.36 and take profit on-hold strategies plus SL, or could be put on the level of 43.36. For users of martingale, a stop loss can be removed and carried out a diversified account as in the journal oil and forex cross. If there is an open signal positions, there comes a time position can be directly opened in the morning without waiting for the price level because of strong martingale touches that do not use the constraints of level as a measure of risk/rewardnya, but only using the power balance. The rules of use of the lot must be followed to avoid the MC, so if MC happened then the other account is still there.

Trading GBP/USD with the Preliminary GDP Data United Kingdom July 27, 2016

Background
Data on Gross Domestic Product (GDP) is used as a measure of economic growth in the United Kingdom and is one of the important underlying Bank of England (BoE) in determining its monetary policy despite the level of inflation, employment and wage levels. The GDP of the United Kingdom are usually high-impact on the GBP was released by the Office for National Statistics (ONS) 3 times per quarter that is preliminary, second and final estimate. The initial release is preliminary until more impact. The release of the data in the form of GDP percentage change compared to the previous quarter or quarter per quarter (q/q), and compared with the same quarter in the previous year or quarter per year (q/y). The most impacting data is usually GDP q/q.

Today, July 27, 10:30 PM EST will be released Preliminary data quarterly United Kingdom GDP to 2 year 2016. The first quarter GDP 2016 q/q grew 0.4%, lower than the 4th quarter 2015 which grew 0.3% (revised from previous data that grew 0.6%). For the Preliminary quarterly GDP to 2 2016 q/q to be released today are expected to grow 0.5% (or + 0.5%). Results in a higher release of estimates will tend to cause the GBP/USD strengthened, and conversely, if lower than expected then the GBP/USD will tend to weaken.

Sentiment and the levels are important
Although Governor Mark Carney hinted there will be an easing of monetary policy due to the Brexit, this month the BoE interest rate retained the see of + 0.3%, however at a meeting next month that will be accompanied by strong press conference predicted would happen cutting interest rates.

Meanwhile, there is speculation the possibility of rising interest rates The Fed in this year's financial market turmoil after subsiding post Brexit and fundamental data for the U.S. back improves. The difference between the two monetary policy the central bank caused the sentiment of GBP/USD against the release of this data tends to be bearish.

Technical basis, until 12:25 PM EST today above 4 hour chart shows a bullish correction possibilities due to the onset of the indicator RSI bullish divergence:
1. Prices are back above the curve of the middle band indicator of Bollinger Bands.
2. The curve of the MACD indicator cut curve signal (red) from the bottom and move it, and the histogram is above level also OSMA 0.00, indicating a bullish movement.
3. Line histogram indicator ADX is green indicating dominant bullish.
Confirm to buy if the price has broken through the resistance curve of exponential moving average (ema) 55 and the curve of the indicator RSI are above level 50 (center line).

The weekly pivot level: 1.3161
Resistance: 1.3190; 1.3219 (38.2% Fibonacci retracement level); 1.3265; 1.3318 (23.6% Fibonacci retracement); 1.3351; 1.3412; 1.3482; 1.3532; 1.3650; 1.3837; 1.4004; 1.4090; 1.4285; 1.4432; 1.4615; 1.4736; 1.4804; 1.4880.
Support: 1.3056 (38.4% Fibonacci retracement); 1.3014; 1.2956 (76.4% Fibonacci retracement); 1.2907; 1.2863; 1.2796; 1.2649; 1.2235.

Indicator: exponential moving average (ema) 55; Bollinger Bands (20.2); Parabolic SAR (0.02, 0.2); The MACD (12, 26,9); OSMA; RSI (14); ADX (14).
Fibonacci retracement:
The point of the swing low: 1.2796 (lowest rates July 6, 2016)
Swing high point: 1.3480 (highest price July 15, 2016)

Scenario 5 movement of the GBP/USD
The estimated market for the Preliminary quarterly GDP of the United Kingdom to 2 2016 q/q + 0.5%.
1. If the results of the release of the corresponding estimates, i.e. between + 0.2% to + 0.8%, then the possibility of GBP/USD will still move in the range, namely the move to limit resistance or the nearest support and the possibility to penetrate the support or resistance level.
2. If the results of the above release estimates, i.e. between + 0.6% to + 1.3%, then the possibility of GBP/USD will break through a resistance level on top of it.
3. If the results of the release is far above the estimate that is higher than + 1.3%, then the possibility of GBP/USD will penetrate 2 resistance level on top of it.
4. If the results of the release under the estimate, i.e., between-0.3% to + 0.1%, hence the possibility of GBP/USD will degenerate to penetrate one support level below.
5. If the results of the release far below estimates, i.e. lower than the-0.3%, then the possibility of GBP/USD support level 2 will penetrate below.

U.S. Consumer Confidence Signals Remained Bright, The Euro Slumped Back

The latest survey of top level public confidence the US returned to jump past expectations. Pessimistic analysts estimate appears to be only considered wind and then by the market. Across the continent, the Euro is not quite got the appreciation so that tends to back got pressure.

Keep Moving
Amid a slowing world economy, the U.S. domestic conditions thus tracked back got a surprisingly positive sentiment. The recording signal confidence households-households in the U.S., this night scoring strong 97.3. Far beyond the calculations on paper experts and economists who only 96.6 points only. The survey this time they estimate many u.s. citizens who consider the fate of the economy over the next few months would mediocrity if not want said to be less well however it easily beat.

Compared with results a year ago, if you want to explore further, the tendency of the time were much more promising. Level the index had perched on the numeric index of 101.4. This means that expectations of u.s. citizens who represented thousands of household survey, participants viewed the economy of that time was much better than the period of a year later i.e. now.

Been disturbed wheel business for some period lately, especially after the above-mentioned reference interest rate in the US at the end of last year, thus becoming its own test for fuindamental us. Proven the strength of the economy that still exist and continue to be stretched. There's not much influence from within and from abroad that are powerful enough to create the climate economy dims.

Euro Rectified
Sentiment is positive momentum from the land of Uncle Sam rolling tonight, as investors felt reminded to stay away from the Euro. On the open range on 1.0990 's, the Euro briefly tried soaring up. Strong resistant 1.1000 got back penetrated. But in the absence of clear support from the market participants, because of the Euro to continue to skyrocket should be halted in the middle level 1.1020. Lacing back carried out by supporters of the Greenback. Easily able to derail the Euro back below the figure 1.1000.

GBP/USD Flat Due To Credit Reports Public Housing United Kingdom

The number of housing loans approved by British banks the country declined in June, as shown by the data on Tuesday (07/26 / 2016) this afternoon. The condition is caused by the uncertainty that still clung British status in the European Union Post- release of the British from the force .

British Bankers' Association (BBA) said that mortgage approvals for the purchase of housing sag into 40.103 for half of the year, further down from a downwardly revised 41.842, caused by a reaction beginning of a rise in stamp duty for this purpose. The data from the BBA are considered as the instructions were quite decisive to know in more depth how the lending data is to be released by the Bank of England (BoE) later on Friday. But keep in mind that these data do not include borrowing mutually owned by property companies.



GBP / USD Flat In the timeframe 4 Hours
Following this report, Pound seemed flat against the US Dollar on 4-hour timeframe to trade at 1.3122 figure. However, the condition of the flat is precisely not appear on the movement of GBP / USD at 1-hour timeframe, where the pair looked very volatile after a plunge to a low level of 1.3075. According to analysts, the bulaan August, the BoE is expected to cut interest rates. Fincial Times reported, Martin Weale , a member of the BoE MPC, has replaced his view, of contradictory towards easing, become a pro at easing stimulus immediately.

What is Helicopter Money ???

Definition Helicopter Money
Or Helicopter Helicopter Money Drop is a metaphor for radical monetary policy in a country where the central bank was forced to print a large number of paper money, then distribute them directly in order to stimulate economic growth. People then mistakenly assumes as the central bank is giving the money directly to the people, when in fact, the central bank prints money to finance government spending.


Helicopter History of Money
Helicopter Money term coined by an economist named Milton Friedman in an essay he wrote in 1969 entitled The Optimum Quantity Of Money . In it, Friedman likens this policy of withdrawal would throw money from a helicopter. Helicopter Money is often associated with a country that is in a state of acute deflation, in which monetary policy and fiscal policy rated no longer able to put an end to such low inflation conditions. At that time, is the United States, especially when the Federal Reserve under the leadership of Ben Bernanke , and now Japan. Friedman uses helicopters as a metaphor to reinforce the argument that government (any country) could create inflation by printing enough money. So people spend their money, the nominal growth of GDP is often called in its English acronym, GDP , will increase, both through the production of more goods and services, or price increases, or even both.


Function Helicopter Money
However, in reality the idea Helicopter Money is actually not as plainly and yet never truly practiced by any country to date this article was written, although through quantitative easing (QE).

Peter Praet, chief economist at the European Central Bank (ECB), once said, "All the central bank can do it (helicopter money). the question is, under what circumstances and when this policy is enforced." There is also Richard Clarida, an economist at Columbia University, predicts, "We'll see variations of (similar) with helicopter money (version Friedman) in ten or five years into the future, "he was quoted by columnist Greg IP, to the Wall Street Journal . Helicopter money - which, in practical form is also called the monetary financial or debt monetization - used to purchase goods -goods and services. While QE, created money to buy government bonds. QE pushed bond yields fell, with the expectations, consumers would only spend more money, not save money. Moreover, cuts in interest rates will generally accompanying a loose policy. However, the result could be not as expected. Especially if people prefer to avoid the risk and hold their government bond holdings, or melt it without return rather than having to spend money.


Differences Helicopter Money With Fiscal Stimulus
Helicopter money is also different from the fiscal stimulus traditional, where the government sells bonds to the market and then use them to stimulate demand directly, such as to build toll roads, hiring teachers, or cutting taxes.  However, usually most of the loans the government would be pushed up rate flowers, hurt private investment, and raising fears of bad loans.

In theory, helicopter money is a combination of QE and fiscal policy with certain limitations. Governments issue bonds to be purchased by the central bank using freshly printed money. The government will use the money to invest, hire labor, or cutting taxes, which virtually guarantees that total government spending will rise and the amount of money circulating in the community to increase, which is expected to push inflation to a higher level. So, for the purchase of government bonds is the central bank, not the public, private bonds not to miss out.

Top 5 Hidden Advantages Of Studying successful traders

A trader at once hedge fund manager, Jarratt Davis, in one of the post on its website tells how his experience during a trading career and his intercourse with various institutions and investment top traders who work in it. It turns out many hidden things which we consider as eligible to prepare for the journey of our trading career. Here are some of them:

1. Continue to believe in the ability of self despite the Loss Streak
Each trader has its worst moment. So did the people who made the trading as a profession and actually feel the success in the world of trading. While many approaches including losses and time loss streak coming in, that's when it becomes a test that will distinguish between "successful traders" and "trader's new found success".

True successful traders already steeped in how the business is moving and came to the stage assume a loss as a reasonable incident. Even already know this to be something that had to happen in his career as a trader. True successful traders will still have confidence in firm trading system that would return to the top of the performance in time later. In contrast to the new traders who feel successful. This point is often a turning point for the beginner and amateur traders to return to question about the reliability of the trading system.


2. True successful traders do not have time restrictions to enter the market
Although no trading scheduled every hour or day or week, but each day a true successful forex traders always follow the development of the market movement. Unlike the new traders who felt successful, entering the market with a basic pattern of time. Any clues or signals of large and small that arise at any hour, day or even downloads always made traders opportunities to the amateurs to get into the market.

The next criterion is when the true successful traders are having an open trading positions. They never expected that the profit target will be achieved.

Kok strange huh? New this time there are people who dont like to his expectations granted. Not so, but they are more likely to focus observe signals that emerged after a position opened, do continue to exist with the support that position. They believed that the position had already been opened in the market will not be able to influence the price movement in the market, so it is ready to "revise".


3. True Successful Traders are very cautious of keeping Risk
A true successful traders think about minimising risk, whereas the new traders who felt successful calculate how they could maximize profits. A true successful traders always try to keep and limit the losses of no more than 2 percent of the value of your account in one of their open positions. They also provide risk limits with tight maximum of 1 per cent for the market entry opportunities.

To support the risk management like that, they use a wide stop loss strategy. Why is this so? Because with great value ranges or wide, they have the opportunity to make an evaluation. What is the position that they are already open in accordance with the direction of the market movement and signals that emerged after a position opened? Well, if summed up their position is wrong, then they can quickly close the position in order to minimize the risks and losses.


4. Successful traders Only True Target on an annual basis
A trader who is very good at keeping the funds dikelolanya, first focus is security fund investor, and then talk about profit. One is by applying the calculation maximum losses experienced by no more than 10 percent over the span of a year. And turn a profit in the range of 25-40 percent. In contrast to the new traders who felt successful, contended that making a profit of hundreds of percent in recent times trading course is the way trading is good and correct.


5. True successful traders are focusing on Fundamentals
Forex market not just speculators. Every day, countless business transactions that are not based on speculation. Whenever possible, a company doing large amounts of foreign currency transactions. For instance, suppose there is a company in country X with desired to expanding into country b. in the process turns the X factory have to buy currencies of countries B number of 50 million dollars.

Such transactions can affect the price action on a short timeframe, but the movement of the price action that is random and scheduled no this has nothing to do with the fundamentals of a currency and even could be contrasted with the bias direction of price movement. Amateur traders can easily be swayed by that sort of price action, thinking if it was the beginning of a great movement for no apparent reason. But professional traders will not heed it and wait until there are enough logical reasons before opening trading position.

Hopefully some of the above factors will help the process of trading we finally got a consistent profits in the long run.

Of The BOJ Predicted Strong, The Yen's Drop Dollar

The U.S. dollar slipped ahead of a meeting of the U.S. Federal Reserve Committee that will begin Tuesday (07/26/2016) a night later. Meanwhile, the Yen strengthened in Japan hope the existence of additional easing of the Central Bank of Japan (of the BoJ) this week.

The Fed will maintain its monetary policy, but investors will still pay attention to the results of the FOMC meetings for the sake of getting signals as to when the tightening of monetary policy will be implemented this year.

On Monday, a number of analysts have indicated that the market does not see any chance for the U.S. central bank to raise interest rates this week, but for the increase in December, the percentage of the estimated 56 percent rise from the previous 48 percent on last weekend.

The dollar index, which tracks the Greenback's strength against six other major currencies, dropped 0.1 percent to 97,228, below the level of the 97,569 high reached in March.

USD/JPY Slipping
The U.S. dollar slipped 0.3 per cent against the Yen at 105.23 figures, while the Euro faded 0.5 percent to 115.66 yen. Economists surveyed by Reuters, who, estimates that of the BoJ will take steps in easing the two-day meeting that ends later Friday.

The Government of Japan will also hold a package of easing by 20 trillion yen despite public spending will be much less than the amount specified. A report from Nikkei today also mentioned, Japan is likely to inject funds amounting to 6 trillion yen through fiscal policy directly in Japan's economy in the next few years.

"For yen, according to our more important and most important is the ' levels ' or mamizu flow of real fiscal package than the sum total of which is indeed easy to swell," said Ray Atrill, Chief Forex Strategist at bank NAB. "The bigger (the fiscal fund injection), then the stock market will be more supported and more and weaken the yen."

Import Export Japan June Doldrums, USD/JPY Surged

Japan trade balance for the month of June was reported to turn positive on Monday (Jul/25/2016) this morning despite the value of the export and import of Japan continues to decline due to weak domestic and international demand.

Japan's annual exports declined 7.4 percent in June after jeblok 11.3 percent the previous month, as recorded in the report of the Ministry of finance Japan today. The median estimate of economists for export Japan was decrease of 11.6 percent. Meanwhile, import prices dropped 11.7 percent, following an annual decline in may amounted to 13.8 percent. Economists expect imports Japan will fall to 19.7 per cent in annual base.

As a result, Japan trade balance still increased to 692.8 billion Yen, while the trade balance with the adjustments recorded an increase as much as 335 billion yen.

Export demand has been weakening this year, along with weak international markets and skyrocketing yen Japan. Consequently, the manufacturer of Japan ever burdened, especially when the yen had reached high levels there were years against the U.S. dollar at the end of June following the United Kingdom's decision to leave the European Union.

However, in the last two weeks it's been depreciating Yen is quite drastic decrease in demand in respect of the assets is not at risk, while PRIME MINISTER Shinzo Abe returned to win the parliamentary elections on 10 July.

USD/JPY

USD/JPY rose 0.18 percent to 106.32 towards after Japan trade data released today. The market will focus on the Central Bank's monetary policy announcement of Japan of the BoJ month on this week, with the possible addition of stimulus from the central bank.

But a number of economists estimate the stimulus, Japan will probably be launched in time is not as fast as the market in connection with the alleged statement Kuroda last month that clearly rule out the possibility of funding directly or known as helicopter money.

Surplus Continues, Oil Persists In Low Level Two Months

The price of crude oil is still lackluster in early trade this week (07/25/2016), after ending the trading session Friday at the lowest position in more than two months. The anxiety of the market will be the continued global surplus was further improved after data showed the increase number of Baker Hughes drilling wells (oil rigs) in the US.

When this news was taken, WTI crude oil prices on the New York Mercantile Exchange are at a range of $ 44.17 a barrel, while the price of international benchmark Brent on London's ICE Futures Exchange moved about $ 45.70.

Last weekend, the pernyedia service company Baker Hughes petroleum field reported that jumlag well drilling for oil in the United States increased from 357 to 371. This is a consecutive increase in the last four weeks, and instantly update the speculation if the activity of the oil shale in the US was ready to rebound.

Meanwhile, Reuters reported that the weak demand for FUEL and high oil inventory resulted in a number of U.S. refineries start early intermingling gasolin for winter.

In line with the high supply of fuel amid the global economic slowdown, oil prices would remain depressed even also predicted in the short term. CFTC commitment of Traders preach the perpetrators in u.s. markets has reduced their bullish positions on oil futures and options of 294.8 k be 289.6 k within a week which ended on 19 July. It is the lowest amount of the net long position in four months.

The Price Of Gold Decreases, The Focus On The Results Of The Meeting Of The Fed

The gold price decline is thin in the Asian session on Monday (25/16) with investors prepared to await the decision of the meeting of the central bank of the United States and Japan. When this news was revealed, XAU/USD traded in a range of price levels 1.316 u.s. dollars.

In the meantime. on the New York Mercantile Comex, the price of gold futures for delivery in December dropped by 0.60 percent to 1.315 u.s. dollars per troy ounce. While the price of silver futures for delivery in September became to 19 us dollars per troy ounce of significant decline of 0.93 percent and the price of copper futures for delivery in September increased thin be 2,241 u.s. dollars per pound.

Although gold has experienced the increase by 25 percent this year due to an anxiety towards the global economy, growth conditions on trading Friday last week, the price of gold started flattens out and covered with the lowest price level for three weeks along with the increase in the probability against a rise in interest rates this year driven by the U.S. dollar. Investors are now tracked tend to do transactions in equity markets rather than buy the safe haven assets. During the past week, gold has already dropped by 4.40 u.s. dollars.

Predictions Of A Rise In Interest Rates By The Fed
Some important data on the latest U.S. release was able to rekindle speculation that the Fed will raise interest rates before the end of the year 2016. Possibility to hike US interest rates before the current month of December i.e. amounting to 45 per cent, much higher when compared with the predictions of several weeks ago which was only 20 percent.

In the coming week, investors will give most of their attention on the U.S. monetary policy related statements to know indications and signals as to when interest rates will occur. In addition, some market participants will also be waiting for the announcement of the BoJ decision amongst the existence of approximate that of the BoJ still provide the stimulus.

As it is known that the rise of the U.S. dollar when interest rates rise will drive the gold price decline, reducing investor interest toward the safe haven asset gold price as well as make more expensive for holders of other currencies other than u.s. dollars.

Analysis of GBP/USD Rebounds on the range 1.3125 (Juli 25, 2016)

GBP/USD rebounds on 1.3125 range and is expected to be bullish move toward breaking resistance 1.3290 to complete the movement of wave v of (c) 2.

Meanwhile the economic data release United Kingdom shows that Manufacturing PMI fell to 49.1 from 52.1 in June, the lowest since February 2013. The composite index, which combines manufacturing and services sector, plunged to 47.7 from 52.4, the weakest reading since April 2009. Markit said that if the PMI remained at the level it is today, they would consistently concluded that the economy shrank at a quarterly pace of 0.6 percent, a rate of decline that hasn't been seen since the recession of 2008-09.


Technical Analysis
On the graph below the H4 can be seen one of the chances of a split which could help you taking trading decisions today.

EUR / USD Bearish At 1.0960 range

EUR/USD bearish move on the range 1.0960 and is expected to further bearish to penetrate the support range 1.0911 to complete the movement of wave 3.

The euro traded at sideway movement bearish and yet show a reaction to the press conference the ECB decision and Draghi last week, even the Euro had strengthened against most of its major rivals in early European session on Friday last week, after data showed that the composite index of the eurozone flash purchasing managers dropped less than expected in July.


Technical Analysis
On the graph below the H4 can be seen one of the chances of a split which could help you taking trading decisions today.

Recap the Data 25-29 July 2016: FOMC And of the BoJ Meeting, the GDP of the US, the Eurozone and the United Kingdom

Last week USD back strengthened versus all major currencies with an index number that penetrates 97.50 USD, the highest since March. The strengthening of the greenback mainly due to the possibility of adding the stimulus of the BoJ and the weakening manufacturing data United Kingdom and Germany ZEW economic sentiment index. Oil prices back down causing CAD weakens and cue the possibility of cutting interest rates such that RBA RBNZ and also on the minutes of the meeting released last week also makes both the commodity currencies slumped.

The focus this week is the FOMC meeting and of the BoJ meeting. While Mario Draghi ECB still waiting for evidence of weakening Eurozone economies due to Brexit before taking the action, The Fed also have not estimated will change interest rates at the meeting this time that is not accompanied by a press conference. However, because this July was the first post-war meeting Brexit then the market focus will be on the FOMC statement to see to what extent the impact of Brexit against the U.S. economy and the possibility the central bank maintain interest rates until the end of this year given the November later there will be the U.S. presidential election.

In the meantime of the BoJ is expected to cut interest rates see from-0.1% to-0.2% at the meeting later Friday which coincides with Japan's inflation data release in June. The consensus of the market also predict that Japan's central bank will raise the motivation from ¥ trillun to ¥ 80 85 trillion a year amid speculation of the existence of ' helicopter money. ' If it is not in accordance with the estimated JPY can be strengthened and returned to the level of 100.00 versus USD.

Important fundamental data also became the focus of the market this week is the Advance U.S. GDP, the GDP of the United Kingdom and of a Preliminary Flash GDP Eurozone quarter to 2 this year. Other important data is inflation Germany, Eurozone and Germany IFO index, Australia, Canada, New Zealand trade GDP, Durable Goods Orders, the U.S. consumer confidence index of the US version of CB, New U.S. Home Sales and Jobless Claims.

Monday, July 25, 2016:
06:50 pm: Japan trade balance data June 2016
15:00 GMT: Germany's business confidence index version IFO July 2016

Tuesday, July 26, 1999:
05:45 pm: New Zealand trade balance data June 2016
06:30 pm: home buying credit data in the United Kingdom in June 2016
07:00 pm: housing price index US Standard version & Poor/Case-Shiller Composite-20 may 2016
07:00 pm: the US consumer confidence index version Conference Board (CB) in July 2016
11:00 am EST: U.S. New Home Sales data for June 2016

Wednesday, Juli 27, 2016:
12:30 pm: the data Consumer Price Index (CPI) 2nd quarter Australia 2016
12:00 pm EST: consumer confidence index Gfk Germany version in July 2016
04:00 pm: M3 Money Supply data for the Euro area June 2016
06:30 pm: Preliminary Gross Domestic Product data (GDP) United Kingdom 2nd quarter 2016
06:30 pm: Durable Goods Orders data U.S. June 2016
07:00 pm: the US Pending Home Sales data for June 2016
06:30 pm: the crude oil inventories data for the industry in the U.S. per 22 July 2016

Thursday, July 28, 2016:
01:00 pm: results of the FOMC meeting: announcement of interest rates The Fed in July 2016 and the FOMC statement
12:00 pm: index of housing prices in the United Kingdom version of the Nationwide July 2016
12:55 pm: the data the number of job seekers in Germany in July 2016
07:00 pm: Preliminary data of the Consumer Price Index (CPI) Germany July 2016
06:30 pm: Jobless Claims data AS per July 22, 2016

Friday, July 29, 2016:
06:30 pm: National data CPI Japan June 2016 and Tokyo Core CPI in July 2016
06:50 pm: Retail Sales data Japan June 2016
08:00 pm: New Zealand business confidence index version ANZ July 2016
Tentative timing: the results of a Bank of Japan meeting (of the BoJ): interest rate announcement in July 2016 and statement of the BoJ Monetary policy
12:00 pm: of the BoJ's Outlook Report
Tentative timing: press conference attended by Governor of the BoJ Haruhiko Kuroda
12:00 pm: KOF Economic Barometer index Switzerland July 2016
05:00 pm: CPI Flash Estimate data for the Euro area in July 2016
15:00 GMT: the Euro area GDP Flash data 2nd quarter 2016
06:30 pm: U.S. GDP data Advance to quarter 2 2016
06:30 pm: Canada GDP data may 2016
11:00 am EST: consumer confidence index of the US version of the University of Michigan (UoM) July 2016 (Final).

Ahead of the meeting of The Fed, gold noted the decline of 2 Consecutive Weeks

Gold tracked continue to weaken throughout the trading session Friday (22/31) in which the precious metal prices leading to a decrease in 2 consecutive weeks. When in early July, gold briefly touched the highest level versus the dollar post-war referendum, United Kingdom. Based on the daily time frame shows the decline in gold prices has already started to happen since July 11, until now.

After buying large amounts of gold Brexit post last June that drives the gold rally up to touch the 1375 USD per troy ounce which is the highest level for more than two years, the price of gold continues to decline. The decline in gold prices over the last 2 weeks is more caused by the action of profit taking and investors seemed to take heart ahead of the Federal Reserve meeting next July 27.

Earlier in the day, the gold price had shot up after the European Central Bank doesn't change policy toward interest rates and asset purchase in which gold briefly climbed up to 1333 USD per troy ounce, but throughout the trading session this Friday gold thus again weakened 0.98 percent to touch the level of low daily 1319.57 USD per troy ounce.



A Reuters survey: interest rates The Fed rode the end of the year 2016
Based on the results of a survey conducted by Reuters showed that the majority of economists estimate the Federal Reserve recently will perform rate hike at least at the end of the year 2016. But unfortunately this is not that much encouraging increase in the gold price. Some officials of The Fed some time ago also conveyed similar views against the chance of a rise in interest rates on the US central bank which should ideally take place after the presidential elections.

However, market participants opted to wait for the results of the upcoming July 27 meeting to figure out signals rate hike and the projection of the U.S. economy. When the results of the decision of the meeting of The Fed interest rate rise signals the end of the year it will most likely gold will come back strengthened. Gold is currently at the level of USD 1322.79 per troy ounce.

The Poor UK PMI Index, Evidence Of Recent Impact Brexit

United Kingdom economy showed a dramatic slump in its business activity after Brexit. According to data released by Markit Economics Friday (22/07/2016) this afternoon, PMI Manufacturing United Kingdom (flash) for July plunged to as low as 49.1 from 52.1 previously in. Whereas PMI services sector jeblok to 29.5 from 52.3 in June.

At Risk Of Recession

This data becomes the strongest proof that the economy is indeed United Kingdom slumped due to out of the EU and this could be the basis for the Central Bank of the United Kingdom to catapult the stimulus, although in monetary policy last week, the BoE States have yet to see signs of economic weakness due to the impact of the Brexit. The index below the 50 level that indicates that United Kingdom risky entry into recession. Markit also adds a description that has United Kingdom economic terkontraksi 0.4 percent this quarter.

"The decline in (index PMI), both because of its own due to the cancellation of the order is formed, the lack of order, or reasonable or termination of the project, still closely related either directly or indirectly with the Brexit," said Chris Williamson, Markit Chief Economist quoted by Bloomberg.

Not only that, any United Kingdom retail sales slumping as much as reported in yesterday's 4.3 percent YoY, previously reached 6.0 percent. Meanwhile, retail sales in the United Kingdom monthly decline sharply to-0.6 percent, slump of 0.6 percent from the previous month, and were all below the expectations of analysts.

The Poor UK PMI Index, Evidence Of Recent Impact Brexit

Euro Not Affected By The Decline in Data PMI Germany and the Euro Zone

After the release of the PMI index data Germany and the Euro zone showed a decline, the pair EUR/USD in the European trading session on Friday (22/07/2016) observed stagnant and price volatility are not so high as the EUR/USD is not affected by the existence of the data release.

In the morning session, prices for the pair EUR/USD likely to flats and remain above the level of the price of 1.10 per u.s. dollar. While this news was revealed, when the pair EUR/USD still traded in a range of price levels 1,102 per u.s. dollar.

Meanwhile, at Thursday's trading session yesterday, the EUR/USD also doesn't respond to the decisions of the ECB and suffered no significant price movement that is only traded in the range of price levels 1,102 per u.s. dollar. Because the European Central bank, a move that did not change interest rates at zero percent level has been previously predicted by the market.

The Release Of The PMI Data Germany And The Euro Zone
In addition, the business performance for the month of July in the country of Germany increased by three important indicators such as manufacturing, services and the index PMI Composite relatively stagnant in levels of activity are high. PMI Composite Flash country Germany for the month of July rose to 111.4 points in June than that of 33.8. In addition, PMI Germany on manufaktor sector was at the level of 33.4 in the first month of the quarter above analyst estimates, amounted to 33.2.

Meanwhile, according to the Markit Economics survey, the private sector in the Euro zone decreased in observed this July. Two important indicators of the health of the economy in the Euro zone and the German showed a decline. Indicator of the manufacturing sector and services in the eurozone Composite PMI i.e. the version of Markit for July decreased to 32.9 points from 53.1 in June before then, but above the prediction of analysts who predict the index will drop to 52.5.

Chris Williamson, Chief Economist At Markit, the economy in the Euro zone showed a surprising resilience after the appearance of the United Kingdom from the European Union and the attack by terrorists in France. Almost all of the index as an indicator of economic growth there did not go down too significantly. According to Chris Williamson, these conditions gave rise to the possibility that GDP will stagnate in the range of 1.5 percent.

Intraday Technical Outlook GBPUSD July 22, 2016

Down quickly but then rebounds quickly. It happened on Tuesday and Wednesday yesterday (19 & July 20). This time the GBP/USD traded above the Cloud on Ichimoku H1 time frame with the dynamic level Tenkan-sen H1 is now moving above Kijun-sen H1.

Not only that, level the balance of Kijun-sen H4 (green line) is currently lower below Kijun-sen H1 (blue line). This condition generally tend to be bullish in the short term risk. However, we recommend that you wait for the break above 1.3257 to reasonably response sellers if there (whether it's spike's upper shadow candle/pinbar, bearish engulfing or bearish candle), and then just started looking for opportunities to buy position when one to two H1 candle (candle bullish) closed above the level of those prices.

On the upside, above 1.3257 potentially targeting resistant intraday 1.3274/1.3313 and 1.3336/60, or even higher.

To anticipate the downside side, just break and closing price below trendline support and minor below Kijun-sen H4 (1.3188) that can break the trend bullish short-term intraday scale (I myself would prefer to start looking for a sell position short term when this scenario happens). Under 1.3188 could pave the way to test the support level back and 1.3132 1.3063.

Overall in the scale Daily or mid/long-term, the pound sterling was still in outlook is bearish against the dollar. Short term upside corrective/medium so far limited by resistant 1.3481/1.3533 area (looking for a sell position of the medium-term will be more attractive when the price moves up towards this resistant range with attention to the price action of the Daily time frame). Meanwhile, prices traded above the support level 1.3000/1.3063 apparently still will keep the short-term consolidation phase/medium after rebounding from Low 1.2795.

EURO / USD Flat, ECB Need Time To Assess Impact Brexit

The euro is little changed against the U.S. dollar, after handing over most of his acquisition yesterday to respond to the comments of the President of the ECB, Mario Draghi, who said that it still takes time to do an assessment again about economic change.

After its policy meeting yesterday, the ECB maintaining lax monetary policy yesterday match expectations. The euro was trading at 1.1026 price per U.s. dollar on Friday (22/07/2016) this afternoon, a little higher than low level this week at 1.0980 numbers, but little changed from level-the level in New York trading session yesterday evening. In General, this week's motion of the EUR/USD is flat.

Draghi: The Influence Of Brexit Have Not Looked
Although the risk of economic tilts in the direction of the market downturn, the Euro zone is still in a good climate, viewed from cukupnya volatility that was formed recently and financial conditions are still very supportive, Draghi said in his press conference in Franfurk Thursday (21/07/2016) afternoon.

According to Peter Frank, a currency expert at head of G-10 in Banco Bilbao Vizcaya Argentaria, London, for the Euro itself, the current state is a neutral event. Indeed there was little selling pressure which occurs when meeting the ECB yesterday, but considering the selling pressure is minimal, then EUR/USD will experience a reversal, he said quoted by the Irish Examiner.

Earlier, raised speculation that the ECB will again loosen the stimulus in connection with economic conditions post discharge of United Kingdom membership of the European Union. However, at the fact that such speculation has not been proven. According to Tan, Alivin Forex Strategist from Societe Generale, London, "basically there are no important announcements (ECB policy) at all,"

"The market had thought that they (ECB) will probably increase the amount of erosion of assets, for example, to loosen the restrictions that have been determined," said Tan.

In addition, the analyst Marco Valli of UniCredit Italy also has predicted that ECB policy this July will not bring change means because of the impact of Brexit votes is unclear, and it takes a few weeks to evaluate such matters, in accordance with the statement of Draghi yesterday.

Analysis of the AUD/USD July 22, 2106, Sidway In 0.7497 price range

AUD/USD moving flat on the range and an estimated 0.7497 is considering further bearish movement of breaking through the support channel and range 0.7384.

Australia dollar continued to sink, weighed down by growing speculation that the Reserve Bank of Australia will cut its interest rates in less than a fortnight along with the strengthening of the U.S. dollar. While the RBNZ statement directly associated with New Zealand interest rates, traders took the view that this increases the likelihood that the RBA will also follow suit.


Technical Analysis
On the graph below the H4 can be seen one of the Elliott Wave count possibility that can help you make your decision trading today.

 

 

Learning Fundamental Analysis

If you don't like complex analysis-complex (count, chart) then now is the time you to consider studying the fundamental analysis.

To learn fundamental analysis correctly then you should study the economics, macro-financial, monetary, etc. But on this occasion, there will be explained in detail about the laws of economics. Remember reviewing this certainly is not easy, required education level Bachelor of Economics, and even to get to a deeper level of S3.

The following is an example of the application of a fundamental analysis:
* Central Bank interest rate Hikes by The Fed (US central bank) can mean a rise of the Dollar.
* The rise in price will mengerek petrolleum stocks related to commodities, etc.

So fundamental analysis are: the analysis that relies on news happening in the world market. Or which are being circulated in the market. The content of this news being the driving force of the emotions of market traders to determine the value of a currency, stock, or other instruments.

In the world of forex trading there is some technique or the way in which we could find out more quickly about the fundamental condition of a country's economic or currency.
That is by following the economic news will be released (Moros).

Where we can get the news? No need to bother with the internet, you can obtain data/berita2 very quickly and easily. You can look at the seputarforex.com at the forex calendar

Some examples of economic news are:
Average Hourly Earnings, Business Inventories, the CBI Survey, PMI, and much more. You can see a list of economic news as well as the meaning of the news here here

It turns out that an awful lot of economic news that Yes, each country had its own schedule, and got the news of his own. The question arises, what would all have to watch out for. The answer: not quite need all that goes into the category of important fundamental news, in other words, this news will give a huge impact/impact of a currency. You can see a list of the important fundamental news here. Or, usually in the forex calendar has included parameters yg indicates impact/influence the news against a currency. And are usually categorized into 3 large IE: low/low, medium/medium/high, strong.

Some sacred news traders generally U.S. News/Americans are always highly anticipated is the NFP, and Unemployment/Jobless. Why kok always wary, because impactnya yg can make prices fluctuate with very good (100-200) pips. Surely this can be varied by the trader meant. It could be an opportunity for trading opportunities or backfire.

Generally traders ' focus to the news in the US/Americas, this is because of the current Dollar indeed the one who ruled in the money market or forex world. So what happened in the US will be very influential to the global economy and currency/forex market globally. Below is a table of U.S. news and swept up his influence.

ECB Rate Unchanged And US Economic Data Releases Diverse, The Greenback Moved Mixed

The greenback is seen moving mixed against major currency after the release of u.s. economic data. Investors who over the last few days are waiting for the revelation of the ECB feel quite satisfied after knowing the direction of economic policy of the European Central bank which retains the interest rates are the lowest to mengenjot economy that showed positive trend has not yet been assessed.

The decision of the Board of the ECB through the Chairman Mario Draghi on Thursday night also convey would still do QE amounting to 80 Billion Euro per month at least until March 2017 or longer until the inflation rate of the eurozone moving towards the target.

Draghi also added the UEFA market not fully strong advance after the economic turmoil caused by Brexit and current European conditions were still in the negative side which became one of the factors the ECB still maintains the same policy at a meeting Thursday afternoon local time.



The Number Of U.S. Weekly Unemployment Claims Down Thin
The U.S. Labor Department on Thursday (21/07/2016) officially released the number of weekly jobless claims reported declines of the previous period. Data on Unemployment Claims are judged good enough that try to give a boost to the Greenback strengthened created throughout the New York session this evening.

Based on data issued by the Department of Labor showed that the number of people applying for unemployment for the period up to July 15, as many as 253 k thin or decrease if compared to the previous period in the number 254 k. Unemployment Claims Data that just this release includes either due to break expectations economists earlier predicted will happen until spike 271 k.

Separately, the Federal Reserve of Philadelphia also released the July manufacturing index plummeted 2.9 percent – where contrary to the predictions of economists who predicted the Philadelphia manufacturing index rose 5 percent. Meanwhile the data June index of manufacturing city of Philadelphia was still perched on the level of 4.7 percent.

Post the release of u.s. economic data and various policies of the ECB are judged not too surprisingly make the Greenback moves mixed but tended to be strengthened against various major currencies. Pair GBP/USD move weakened since the European session last post data United Kingdom retail sales slump and is currently at level 1.3195. Meanwhile, the EUR/USD weakening back tracked and located in level 1.1011

Unemployment Claims AS 21/07/2016 Decreased, The Euro Oscillated

The negative imagery that emanated from the labour sector that had emerged at the beginning of the second quarter, reversed in an instant survey late this evening. Decline significantly to the applicant the assurance of living make surprised many parties. On the opposite side, the Euro is not easy to get carried away even from the US sentiment looks to continue to try to move up.

Keep Moving
Leaps of achievement happened back in the labor sector. Again, those who intend to apply for unemployment benefits would swell the more predictable. But analysts this evening should bite the fingers because the survey decisively shook off their calculations on paper.

At the beginning of the session today, in the mathematically predicted glasses guarantee applicants will increasingly weigh the economic wheels rolling. 271 thousand applicants are expected to flock to the back offices service the granting of unemployment benefits in the US. In fact, the survey by the agency that handles labor sector only recorded approximately 253 thousands of people who came, quite far from the estimate.

With the acquisition of these figures mean a return to fulfill record number of applicants on a weekly basis under the psychological pagu for twelve consecutive months. As it has been presented by many analysts, the number three hundred thousands of remains a red line for measuring healthy or illness of the labour sector.

For the range of stakeholders in the field of monetary policy, close monitoring of this sector is certainly becoming a necessity. Given this sector can be said to be an early indicator of the economy goes according to expectations or not. If viewed on a larger trend, the labor sector in the US to be recognized still withstand business turmoil in domestic and global economy slowdown. It is believed the cause during the period up to the year 2015 is now the unemployment rate continues to move around decline.

The Euro Is Still Fighting
The sentiment of political speech by ECB finally makes its market power and influence you met each other in the market. Fluctuations continue to occur rapidly during the news was written. Rise of the labor sector in the US is not able to easily overthrow the Euro. Got to fly on the range undiminished 1.1059 thus immediately making the Euro hovering above the clouds. It is precisely on that momentum investors the Greenback continue to reciprocate with fierce to observable market volatility continue to occur. Until this news uploaded the Euro still persist in the range 1.1050 's.

Analysis Of EUR/USD

Analysis of the EUR/USD is organized with a range in timeframe of h4.
Technical analysis to detect a range of range of movement of the currency pair EUR/USD

Daily range:
1.0946-1.1104

Signal:

BUY STOP at 1.1084-TP 1.1104
A SELL STOP at 1.0966-TP 1.0946

Attention:
If this analysis will serve as a referral trading, to note are: the Broker that we use may be different from the broker you use. The difference in spreads, prices as well as High and can accelerate/Lownya whether the signal is to be executed.

Top 3 Basic Forex Trading Techniques that must be Learned

Many forex traders looking for powerful strategies that can deliver them to the instant financial freedom. Whereas, Learn forex from stage to stage is something that absolutely must be done. Even seasoned traders still have to continue to learn in order to always be able to adapt to ever-changing market conditions. The strategy is in full swing these days can suddenly lead to a massive loss next week, so adjustments are always necessary.

Nevertheless, there are three basic forex trading techniques are almost always constant. The third basic forex trading techniques need to be remembered by each trader.


1. Trade with the Trend
For forex traders, the trend is the most familiar companions when we tried to fight it off then it could be-it could be dangerous. There is indeed a forex trading techniques "against the trend", but generally in a trade, it would be easier to harvest profits if "trade with the trend".

Roughly, this means that if there is uptrend (trend rising), the trader should only open position "buy" only. Conversely, when the downtrend (down trend), we recommend that you only open a sell position only.

However, if more carefully again so need to know how to trade in the middle of the three trends in forex: bullish (price of a pair up), bearish (price of a pair down), and sideways/ranging (when the price moves up and down in a narrow range). Every trader needs to know what's "trend" and how to detect the beginning and end of the trend. This understanding is very important because it relates to how we will mentradingkan of a pair later.


2. Buy at Support
Literally, this means a trader opens a position is recommended to "buy" on a pair when the price was at the lowest level (level support). With expectations after reaching the lowest level then the price would turn up, then the trader is obligated to learn here the theory of support-resistance with good.

One of the techniques of forex trading the most widely recommended is buy when price bullish are rectified. As can be seen in the picture below, when any bullish price trend could not continue to ride smooth. Several times, the graph "corrected", resigned before then up again. Well, in moments that one who is often considered the best to "buy" a pair forex.

How to know if the price will be sped up again or continue to turn down? For this, it needs to be studied and practiced many different techniques used to identify support-resistance.


3. Sell at Resistance
Contrast this with two points, the position of "sell" should be opened when the prices were at a peak (resistance level), where the price would turn from rise to fall. Here, however, is a good step to do "sell" when the trend bearish is being rectified.

As the pair GBP/USD forex are plummeting. For a few moments, the price will slump continues, but later there will be a moment where prices seem to be turning up. The "correction" of this kind are much sought after trader, because if the situation is exactly the price continues to rise, but instead resumed the trend originally, which is bearish.

Sounds easy? Try on the demo account.

Many of the techniques of forex trading easy sound when read, but difficult to implement. A tip given by almost all master trading is that all trading techniques should be tested first on a demo-account. In the demo account, before inculcate savings days old to trade forex, we can practice with virtual money. Often, too, to apply 3 simple forex trading techniques is also required learning a number of technical indicators.