LQD Markets Posted April 10, 2013 Share Posted April 10, 2013 EUR/USD – 1 Hr Chart A like ‘M’ pattern was thought to be forming as of yesterday as the correction failed to happen at the C level but carried on upwards instead following the 1 Hr chart. Prices was supposed to have reached the C point as of yesterday itself at approximately 1.3053 to 1.3059 and then start moving downwards. Then didn’t happen. Overall the Euro is still believed to be in Bullish territory. For longer term traders, the 5-0 Bearish pattern seemed to still be intact. Read more: http://www.lqdmarkets.com/blog/currencies-outlook-10th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 12, 2013 Author Share Posted April 12, 2013 New CFDs to trade at Liquid Markets We are pleased to announce that we are now offering you more CFD trading instruments, including CFDs on stock indices, bond and commodity futures using our friendly, innovative MT4 trading platform. In addition, we have revamped our CFDs trading page, complete with the entire list of CFDs we offer and content that’s easy to understand. Read more: http://m.lqdmarkets.com/HS?a=ENX7Cqjj6QL_8SA9MKJtOb3nGHxKLjattfcStGb5lw8W0bBhOG5mpqVsje_HhdB74lKO Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 16, 2013 Author Share Posted April 16, 2013 EUR/USD Forecast Despite some high-impact data due to be released today, the deadly Boston Marathon blasts has contributed to the decline of the Asian markets together with Japan’s stock indexes falling (approx.2% drop) as did the whole lot including Aussie’s , Oil and Gold prices .This would mean that investors would be more risk averse and be worth for us as traders giving a lookout for less risky currencies seen as safe heavens like the USD, JPY and CHF. Saying that, is this the reason for the short term fall for the euro as in both the 15 min and 1Hr charts below? http://www.lqdmarkets.com/blog/eurusd-forecast-16th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 17, 2013 Author Share Posted April 17, 2013 EUR/USD Forecast The German ZEW report released yesterday missed expectations by 3.2 basis points (a lower expectation), which contributed to the euro falling right after the announcement to levels forecasted following the bearish ‘W’ pattern. As for the euro zone’s CPI for March figures settled at 1.2% MM poses a neutral sentiment with no break above or lower to these levels. For a bigger picture on what is in store for the euro zone, it’s best to see what we concluded from Draghi’s speech based on the following mentioned topics: 1) Updates in Areas of Economic and Monetary Policy– Generic Outlook/ Current Status Initially, Draghi sounded like a broken record during his speech where he talked about the start of the euro’s recession in 2012, contributing to its unprecedented unemployment levels especially amongst young people. The key point for traders to consider is that gradual recovery is expected but Downside Risks governs. In summary, bearish sentiments are expected and we need to see governments efforts working in synergy with the banks as opposed to just a name and blame game. Read More: http://www.lqdmarket...7th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 18, 2013 Author Share Posted April 18, 2013 Yesterday, most traders were hoping for a single answer as to why Euro plunged but that one question may have multiple answers. As mentioned in my previous analysis, comments made by Draghi unfolded bearish sentiments while members of the European Monetary Board (EMU) didn’t sound like they would long the Euro if they were to trade it. Following more news and comments later that evening, German Central Bank’s Jean Weidmann contributed to the further fall of the Euro after hinting the possibility of a ‘rate change’ by the ECB. Read More: http://www.lqdmarkets.com/blog/currencies-outlook-18th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 19, 2013 Author Share Posted April 19, 2013 EUR/JPY Forecast Friday again, that’s right and whilst wrapping the market for the week, we are still wondering whether volatility for various instruments would provide the persistence in momentum either towards trend continuation or trend reversals. As for today’s Economic data, we are awaiting Bank Of Canada’s (BOC) Consumer Price Index due later on today. However, it would be wise for us to monitor how stocks and the equities markets are performing. Saying that, the S & P 500 which is giving more hints in its’ breakout downwards concluding a Risk Aversion move. Read More: http://www.lqdmarkets.com/blog/eurjpy-forecast-19th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 25, 2013 Author Share Posted April 25, 2013 EUR/JPY Forecast Today, despite being two days prior to the close of the trading week, speculations surrounding the possibility of the European rate cut continues to intensify. Similarly, fear of a double recession is supposedly no laughing matter for the UK as it waits for the GDP figures due out later on this afternoon. What a concoction of emotions and with it being a Thursday, does spice up situations even more as traders with open positions would wonder whether their TP level would see to some returns while those itching to trade would feel equally as guilty, despite whatever their decisions were. Read more: http://www.lqdmarkets.com/blog/eurjpy-forecast-25th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 26, 2013 Author Share Posted April 26, 2013 EUR/JPY Forecast As we look back at last week’s US economic data, results were overwhelmingly short of expectations. Would the overall bearish sentiment for both the US dollar and the various correlated instruments carry through next week? The implications onto the market from previous as well as upcoming data would most probably show a clearer picture after next week’s Core Consumption Expenditures data. As for the euro zone, Germany is waiting for its’ Consumer Price Index (CPI) figures which would add to the weight of either continuing existing trends or becoming a catalyst to the change of direction. Read More: http://www.lqdmarkets.com/blog/eurjpy-forecast-26th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 29, 2013 Author Share Posted April 29, 2013 Gold Forecast Let us begin this week with gold’s movement in the market and match it with its recent performances from a technical or chart patterns point of view. Gold, after its 26 month low, rallied last week driven by retail shoppers in India and China who were shopping for physical gold and jewellery. Read More: http://www.lqdmarkets.com/blog/gold-forecast-29th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted April 30, 2013 Author Share Posted April 30, 2013 Midday Currency In Asia, activities concerning the major currencies seemed to be on a halt or on a sideways backburner for now. Hence, it would be wise to explore the other continents particularly the euro zone for possible trading opportunities. Yesterday, we witnessed the euro’s rally against the dollar which was backed up by some fundamental drivers starting with some “positive” developments following the formation of Italy’s government. Get the full analysis here: http://www.lqdmarkets.com/blog/midday-currency-outlook-30th-april-2013/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted May 15, 2013 Author Share Posted May 15, 2013 Currencies Outlook The markets seemed to be triggering more impulsive moves for various currency pairs since the beginning of the week with most fingers pointing to Japan. Today’s news headlines read “Markets could be on a verge of a blowup, thanks to Japan”. For FX traders, what would you think the sentiments are in the markets at present following that statement? I would say, chaos flooded with an increased amount of uncertainties would describe the present market conditions. Despite the Bank of Japan’s previous move of flooding the markets with printed money and the given impact on the market today, the Governor of the Bank of Japan, Haruhiko Kuroda, made a statement saying that the rising stock prices does not present a bubble at the moment. Full technical analysis here: http://www.lqdmarkets.com/blog/category/technical-analysis/ Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted October 8, 2013 Author Share Posted October 8, 2013 EUR/USD Summary Target Level 1.3104 Target Period 11 days Stop Level 1.35685 Analysis Channel Up identified at 26-Sep-23:00 GMT+1. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.31 within the next 11 days. Resistance Levels Support Levels (A) 1.31045 Last support turning point of Channel Up. View more currency pairs here: http://technicalanalysis.lqdmarkets.com/ EUR/USD retreats from peaks Markets are tilted to the risk-off trade on Tuesday amidst increasing concerns regarding the US government shutdown and the debt ceiling negotiations. Data wise, the most relevant release will be German Factory Orders, expected to have expanded at a monthly pace of 1.2% in August. Get daily forex news here: http://www.lqdmarkets.com/ForexNews Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted October 21, 2013 Author Share Posted October 21, 2013 USDJPY A US shutdown occurred and after 16 long days, the government was back on its’ feet. Consequently, the debt ceiling was raised with a green light from the President and simultaneously extensive talks of threat to default came about. Additionally, the intense drama has resulted in a temporary 2 to 3 months deal, so what’s next we may wonder but the real question is, what will happen after the short term deal comes to an end? - See more at: http://www.forexnews.com/blog/2013/10/20/top-trade-idea-october-20th-21st-usdjpy/ #EURUSD Summary Target Level 1.3104 Target Period 12 days Stop Level 1.36455 Analysis Channel Up identified at 09-Oct-23:00 GMT+1. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.31 within the next 12 days. Resistance Levels Support Levels (A) 1.31045 Last support turning point of Channel Up. View more #currencies here: http://technicalanalysis.lqdmarkets.com/ #AUDUSD amidst a tight range after a week of stellar gains, ahead of crucial data The AUD/USD is trading at a confined range since the early opening on Sunday, as it is more than plausible that due to a slight profit taking and to the general recover of the American dollar, the cross eases a bit. Read more #forexnews here: http://www.lqdmarkets.com/ForexNews Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted October 24, 2013 Author Share Posted October 24, 2013 EUR/USDSummary Target Level 1.3666 Target Period 4 days Stop Level 1.37885 AnalysisFlag identified at 23-Oct-11:00 GMT+1. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.367 within the next 4 days.Resistance Levels ( 1.37885 Last resistance turning point of Flag. Support Levels (A) 1.36655 Last support turning point of Flag. View more currency pairs here: http://technicalanalysis.lqdmarkets.com/ Chinese PMI data came out better-than-expected The Chinese PMI numbers came out at 50.9 vs 50.5 expected and 50.2 last. The data represents a seven-month high. The news gave risk currencies like the Aussie and New Zealand Dollars enough of a tailwind that they were able to re-trace a whopping 38.2% of Wednesday’s decline. Read more forex news here: http://www.lqdmarkets.com/ForexNews Quote Link to comment Share on other sites More sharing options...
LQD Markets Posted November 11, 2013 Author Share Posted November 11, 2013 USDJPY Summary Target Level 100.5645 Target Period 8 days Stop Level 96.218 Analysis Broke through Resistance level of 99.185 at 07-Nov-16:00 GMT+1 GBPUSD Summary Target Level 1.6257 Target Period 4 days Stop Level 1.5904 Analysis Flag identified at 06-Nov-00:00 GMT+1. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.626 within the next 4 days. Supporting Indicators Upward sloping Moving Average Resistance Levels ( 1.6257 Last resistance turning point of Flag. Support Levels (A) 1.5904 Last support turning point of Flag. View more #currency pairs here: http://technicalanalysis.lqdmarkets.com/ AUDJPY off Monday – may have more downside to endure before correction is over; 92.10 target With the Asian equity markets on the rise (“risk-on”), the natural thought is that the Yen would be tumbling – thereby boosting the AUD/JPY. Click here to read more forexnews: http://www.lqdmarkets.com/ForexNews/Market/FX/Item/34462 Quote Link to comment Share on other sites More sharing options...
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