photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 5 of 5 FirstFirst ... 3 4 5
Results 41 to 42 of 42
Thread: News that moves the market
  1. #41
    My pips hand is weak
    ----
     
    deep786337 is an unknown quantity at this point deep786337's Avatar
    Join Date
    Jul 2018
    Posts
    170
    Accumulated bonus
    46.97 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    The Japanese Yen endured to weaken in opposition to the U.S. Greenback, with the USD/JPY advancing to a sparkling monthly high of eighty three.29, and the change rate might also continue to push higher because it breaks out of the downward fashion from the quit of the previous 12 months. The USD/JPY is sort of 80 points higher from the open after transferring 129% of its ATR, however we're probable to see a corrective retracement spread going into the Asian consultation as the relative power falls returned from a excessive of eighty two. In flip, we may see the dollar-yen look to shut the space from the one hundred twenty-SMA at 82.Forty four, and the pair may additionally consolidate going into the quit of the week as the close to-time period rally appears to be slowing in advance of eighty three.50-70, the 23.6% Fibonacci retracement from the 2010 excessive to low. If the USD/JPY finds resistance on the 23.6% Fib, price movement ought to fashion sideways over the approaching days as guide holds at 81.00, and the greenback-yen may offer an excellent range-change possibility because it breaks out of its current trend.

  2. The Following User Says Thank You to deep786337 For This Useful Post:

    shikho (11-04-2018)

  3. Sonata
  4. #42
    My pips hand is weak
    cool
     
    Hizqeel888 is an unknown quantity at this point Hizqeel888's Avatar
    Join Date
    Sep 2018
    Location
    Lahore Pakistan
    Gender:
    Male
    Posts
    145
    Accumulated bonus
    119.71 USD
    Thanks
    4
    Thanked 4 Times in 3 Posts
    From my point of view there are five news events you need to know those effect the price movement in FX market.Central bank rate decision have high volatile impact on the price movement.Second The Gross Domestic product(GDP) is an important indicator of economic health in a country .When GDP falls below the market expectations then bearish trend prevails and vice versa.Third is Consumer Price Index(CPI) that is used to measure the inflation rate.The central banks monitor this release to take decision for interest rate and to set monitory policies for the best interest of the county's economy. Fourth is the Unemployment rate of the country. This indicator also has importance for central banks' decisions regarding monetary policies Fifth FOMC (America's Federal Open Market Committee) meeting.Although other central banks meetings have also influence on the price movement. But as dollar is the world's reverse currency so meeting of FOMC has more importance on other central bank meetings for the price movement in the FX Market.

  5. The Following User Says Thank You to Hizqeel888 For This Useful Post:

    shikho (11-04-2018)

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.