Stone and McCarthy: the restoration of the euro should be confirmed

Although short-term trend in the euro / dollar bearish, it is corrective in nature rather than impulsive, with such a view does not exclude the pair falling to $ 1.4447. In the short term break week downtrend channel to ease pressure on the single currency, but in order to be able to talk about the possibility of more active growth (the fourth wave of growth from $ 1.3834), bulls need a confident break above $ 1.4674.

Resistance
$ 1.4723 61.8% from the movement of $ 1.4844 - $ 1.4527, the area of consolidation
50% $ 1.4686 $ 1.4844 from motion - $ 1.4527,
$ 1.4674 neckline of the head and shoulders on the hourly chart

Current euro / dollar: $ 1.4633

Support:
$ 1.4601 20-day moving average
$ 1.4576 former resistance of the channel, at least on Sept. 30
$ 1.4527 at least September 29

PriceTrender MT4 Indicator

the indicator used to check the price location instead of moving average. price tender is fully adjustable so u can change price, period, moving average type and timeframe.

Download

PriceTrender.mq4

NRMA MT4 Indicator

NRMA is the famous indicator by Konstantin Kopyrkin, it produced numerous realizations of the indicator NRTR. In this variant we see a moving average (line) and trailing stops NRTR (points).

Access to other intermediate Omega indicators (NRTR_Oscillator, NRatio, NRTR_DT) is available throug calls of iCustom(NULL,0,"NRMA",parameters,index_number, shift).

More detailed information is on the author's website

Download

NRMA.mq4

bias_LineHisto MT4 Indicator

Download

bias_LineHisto.mq4

Pound grow by another 2.8% against the dollar before the end of the year

According to analysts, the ruble will continue to rise this year against a background of more expensive raw materials and increase investment, despite the fact that the Central Bank of Russia continues to cut rates. Russia currency can be strengthened by 2.8% to 29.2 against the dollar. At the same time the Bank of Russia yesterday lowered the refinancing rate by 0.5% to 10% and is likely to reduce it by another half percentage point before year end. At the very least, the reduction may be more ambitious: to 2.5% to 7.5%. In the second quarter of net inflow of capital in Russia amounted to $ 7.2 billion after the outflow of $ 35 billion in the first quarter. This is due to the fact that rising prices for raw materials again increased the attractiveness of assets denominated in rubles.

Commerzbank expects further weakening of the dollar

Analysts said Commerzbank, the dollar may continue to decline if the current report will indicate a slowdown in economic recovery. "Euro / dollar will be difficult to penetrate the area of support at 1.4500-1.4530. Moreover, if today's data will be worse than expected, the pessimism generated against the backdrop of yesterday's publication of an adverse report on consumer sentiment, only worse, resulting in the euro / dollar to 1.4780"

Euro / dollar raised after ADP report

Euro / dollar strengthened slightly after the ADP report on the labor market in the United States. It is expected that the pressure on the dollar will continue today against the background of fixed positions, with the ADP data do nothing to alleviate their fate. Couple holding in the previous session highs at 1.4673. Offer noted at 1.4680/85.

AMkA MT4 Indicator

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AMkA.mq4

Hi-Lo MT4 Indicator

Download

Hi-Lo.mq4

Line Regresion D MT4 Indicator

Download

Line Regresion D.mq4

Silver-MACD MT4 Indicator

Download

Silver-MACD.mq4

ZeroLAG Moving Average MT4 Indicator

The Indicator ZeroLAG MA is a moving average with zero delay. The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time.

ZeroLAG MA calculates on formula:

ZeroLAG MA(i) = 2*MA(Price, P1, i) - MA(MA(Price, P1, i), P2, i);

where:
MA - moving average;
Price - an applied price;
P1 - a period of the moving average under the first smoothing
P2 - a period of the moving average under the second smoothing

Download

ZeroLAG MA.mq4

UBS revised its outlook on the dollar / yen

UBS has revised one-month and three-month forecasts for the U.S. dollar against the Japanese yen. According to analysts of foreign exchange bank, one month U.S. dollar falls against the currency of Japan, to 85 yen per dollar, and after three months will be restored to the level of 90 yen per dollar. At the moment the U.S. dollar against the Japanese yen traded at 89.84.

The British pound was a stimulus for growth

The rapid growth of pound / dollar, provoked by the report data of the Confederation of British producers that go out much better than expected (the balance of sales in September +3% vs -16% in August), as well as anything unsubstantiated rumors that the Bank of England does not endorse the idea of negative interest rates, while suspended in the area of $ 1.5960. Euro / pound has fallen to a sessional maximum on the level stg0.9210 to a minimum at around stg0.9110, but small bids near stg0.9120 yet remain an obstacle to the further reduction couples.

Central Bank of Russia lowered the refinancing rate by 0.5%

Department external and public relations of Bank of Russia informs, that the Board of Directors of Bank of Russia, 29 September 2009 decided to reduce from 30 September 2009 the Bank of Russia refinancing rate by 0.5 percentage points to 10%, as well as interest rate cuts by the Bank of Russia Operations at 0.25-0.75 percentage points.

Over two decades in September 2009 consumer prices in Russia remained stable, which corresponds to the accumulated since the beginning of this year, inflation of 8.1% compared to 10.2% during the same period in 2008. During the period this month, inflation continued to decline in annual terms: on September 21 its level was 11.0% (in August - 11.6%). Given that the factors associated with constraints on the part of domestic demand and the ruble money supply will continue to exert a positive influence on the dynamics of consumer prices, and because of substantial lessening of devaluation expectations, the Bank of Russia continues to assess the tendency to reduce the rate of inflation as stable in the absence of fundamental reasons, which could accelerate the growth of prices in the remaining months of 2009 compared to their dynamics in 2008.

Although the Bank of Russia made the decision to reduce the refinancing rate, which reduced the interest rates, interbank market, interest rates on loans to real sector of the economy remain relatively high. Index of industrial production fell in August compared to July 2009. Total credit economy in September this year, virtually unchanged. Thus, interest rate policy of Bank of Russia aimed at developing positive trends in the economy and, above all, in the credit activity of the banking sector. Follow the Bank of Russia to reduce interest rates will be determined by the need to create conditions for the expansion of credit and stimulate economic growth with the development of inflationary trends.

Rate Russia's ruble has responded to this event growing in relation to the dollar. On the interbank market has been tested by a mark 30.05. Currently, however, the dollar / ruble rebounded by 5 cents and climbed to 30.10.

ThinkOrSwim PaperMoney - a Complete Installion and Using Guide

Thinkorswim - an innovative trading platform with advanced functionality. News flow from Reuters, access to trading volumes, traders community, the scanner of financial instruments on the stock market, financial television, emu trades, advanced charts, trading strategies, analysis of volatility - all of these features provide ample opportunities for successful trading.

Trading platform Thinkorswim has two modifications - PaperMoney (demo Trade) and thinkDesktop (for real trading). This article will be reviewed version PaperMoney.

It should be noticed that the software is quite complex. Its interface differs substantially from the common trading platform and to deal with it, you will need a lot of time and effort, and confident command of English.

Installing Thinkorswim PaperMoney

Download the platform on the link below

Register on the link provided email, which you can access:

Copy the verification key of the letter and go to VERIFY EMAIL sent you a letter.

Insert the verification code and click Submit. Your registration will be confirmed.

Then you can run the program and enter your username and password.

Connect possible to paperMoney, and Live Trading - practically no difference. True, there PaperMoney Level2, and in LiveTrading, in demo mode, it is not.

Gadgets Thinkorswim

In PaperMoney there is such a thing as a gadget - internal application that performs any function. Among the gadgets:

1) News from Reuters
2) Radio
3) CNBC (works only during the American stock market trading)
4) Calculator (no time he was required before the deal)
5) Games (sapper, Tetris, Lines)


Graphs (Charts)

Trade tab, you can configure your working place - there are only 4 types - All Products, Forex Trader, Future Trader, Active Trader. They differ from each other by a set of tools on the Advanced tab, and temporal scale of the displayed data. In the Active Trader present 5-minute charts. While Forex Trader displays 12 charts popular currency pairs.

Charts tab is similar to tab Trade, they are very similar and different initial settings and templates for these settings. Under Charts - 6 charts, and tab Trades - 2 graphics, glasses and table deals. In general, both tabs can lead to the same species.

Working with charts is somewhat different from the usual all Metatrader. To get to any tool, there are a few steps through the context menu, or a few buttons in the main menu, which is not very convenient. Irregular grid - that is not composed of identical squares, as in MT4. Graphic tools (Drawing) about the same, but the indicators (Study) is much greater. For convenience, the indicators have a dual partition - alphabetically and by application (the force of the market, trend, etc.)

There are also a tool such as a strategy. They are small scripts, arrows are placed in places of entry and exit activities online. Bektestinga strategies provided.


Trade in ThinkOrSwim

Trade, as elsewhere, are using warrants. Present warrant 4x types - Market, Stop, Limit, TrailStop. Orders such as Stop and Limit and TralStop hung on Market Order. In addition, orders can be tied into complex OCO pair. OCO (One Cancels All) - all orders in the group will be canceled if one of them is executed. Thus, you can put 2 orders in the breakdown of the channel, and when one of them works, then the other - to undo.

For those who do not anywhere except the MetaTrader trading system warrants PaperMoney may seem complicated - but it's worth to work for a while, and you get used to it.

Incorrectly filled the order will be rejected by the system, and it saves you from mistakes when filling out fields.

When ActiveTrader can see the unique data - the glasses on the instruments, as well as a table of all transactions. This can significantly help in the decision. However, there is a fly in the ointment - for demo data is delayed 20 minutes.

Tools for analysis

A very interesting tool for data analysis. This analysis of volatility, transactions in the past, the risk of a portfolio analysis of returns and so on. In the picture below is a graph of volatility for the S & P500.

Another interesting point is the scanner, which selects the tools under the given conditions. Scan This function has several modes of operation - Stock, Spread and the Book. For example, we shall take action at the cost of more than $ 10, has grown by more than 1% and with a market capitalization of $ million. At the exit get UEM - only one action complies with the conditions.

Filter Results 6 - price, turnover, capitalization of the company, the absolute change for the session, the percentage change for the session, EPS. In addition, there are 22 additional parameter that can be selected in 2 of the lower forms, among them - different price data, the ratio of stock options, volatility, etc.

This scanner easily choose actions that are appropriate for your strategy - low liquidity a cent, undervalued, fast growing, etc.


Market Overview (MarketWatch)

This tab allows you to receive important information about the market - the press conference companies, stock split, dividend information, general information about raw materials and much more.


Traders in your community

In PaperMoney have the opportunity to watch the transaction of other traders, read the analyst, share ideas, and so on. This platform creates a feeling of total immersion in the exchange world. However, all in English.


Programming

In PaperMoney have built a programming language that lets you create your own indicators and strategies. Language is very similar to Easy Language in Omega and much easier mql4, truth, and the possibility of much more modest. Finding your way in programming within the Trading Station allows the built-in dictionary that describes all language constructs, as well as examples of internal indicators and strategies.

Features avtotorgovli in the platform is not provided, but through the program website can be accessed at the online-services companies that provide this service.


Guide and support

Before working with the program, or if you have any difficulties, you can see the program through the tab Help. Opportunity to learn something new host - videos in format. Wmv,. Mov,. Svf - at your service. Duration of commercials is from 5 to 10 minutes.

In addition, there are links to educational sites, radio and email support.

Conclusions

Trading Platform PaperMoney creates all conditions for the analysis and successful trading. This is one of the best software for trading. Significant minus only one - a delay of 20 minutes on a demo account, therefore, to obtain operational data necessary to open a real account.

Open a real account is possible through a broker, whose name matches the name of the program.


Download

Thinkorswim PaperMoney (12.2 MB)

AFIRMA MT4 Indicator

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AFIRMA.mq4

FanSimple4en MT4 Indicator

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FanSimple4en.mq4

LWMA Crossover Signal MT4 Indicator

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LWMA Crossover Signal.mq4

MAMy3 MT4 Indicator

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MAMy3.mq4

SMA Crossover Signal MT4 Indicator

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SMA Crossover Signal.mq4

SMMA Crossover Signal MT4 Indicator

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SMMA Crossover Signal.mq4

SnakeForce MT4 Indicator

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SnakeForce.mq4

TD Securities: U.S. / Canada is still in the range

In the past few weeks, couple dollar / Canada with enviable regularity has been testing the boundaries of the two-month range near the levels of C $ 1.0600 and C $ 1.1100. According to currency analysts TD Securities, in the near future this trend will continue. The bank believes that there is a high probability that within the next week or two dollar / Canada will again test the upper limit trading range in C $ 1.1100. As part of the broader perspectives of bank analysts believe that the general downtrend of the dollar will remain in force, and the bank does not exclude the likelihood of a sharp drop in U.S. currency before the end of this year. At the moment pair dollar / Canada is trading at C $ 1.0863.

Barclays Capital expects growth in the euro / dollar in the fourth quarter

Analysts said Barclays Capital, reducing the euro / dollar from the field 1.4810/1.4910 resistance is a normal phenomenon and useful. Thanks to his momentum out of an overbought zone, and the mood of the pair returned to normal levels. The bank expects that this week the euro / dollar will be traded in the range 1.4515 - 1.4730. In a broader perspective, the consolidation above the level of 1.44 would indicate a bullish mood couples and pave the way for the growth of euro / dollar in the 1.4810/1.4910 area in the 4 th quarter of this year. Currently, the euro / dollar traded at 1.4654.

Commerzbank: pound / dollar reduction will continue

According to currency analysts Commerzbank, one-week closure of the pair Pound / dollar below 1.6110 is the confirmation that the summit was reached, and it is now possible to reduce a pair of 1.5690/1.5610, where the level of the Fibonacci Retracement and 55-day moving average. Support levels are at 1.5690, 1.5610 and 1.5270. In the broader perspective of the Bank strategists believe that growth will be stopped following a pair of 1.6110/1.6140, and the end of November couple pound / dollar dropped to 1.5135 marks. At the moment pair Pound / dollar is at 1.5859.

Barclays Capital expects correction in dollar / yen and euro / pound

urrency analysts at Barclays Capital noted that the degree of undervaluation of the dollar / yen and the overvalued euro / pound are now at the annual highs and came close to critical levels. The bank added that, according to the latest CFTC, has accumulated a significant amount of net long positions on the yen against the dollar and net short speculative positions on the pound against the euro. Analysts point to the bank's bias in the pairs of dollar / yen and euro / pound, both in terms of positioning, both in terms of ratings - and this is evidence of a correction in the coming weeks. At the moment pair dollar / yen is at 89.33, the euro / pound - at 0.9222.

wma cross confirm MT4 Indicator

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wma_cross_confirm.mq4

Three Color Moving Average MT4 Indicator

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Three_Color_MA.mq4

Stomach MT4 Indicator

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Stomach.mq4

EMA Crossover Signal MT4 Indicator

Download

EMA-Crossover_Signal.mq4

Commerzbank: pound / dollar awaits further reduction

Yesterday, the British pound fell to 1.6380 marks to levels below 1.6000, breaking the support line of trend - analysts said Commerzbank, it allows you to speak with greater confidence that the peak was reached in a pair of 1.7040/50. The bank noted that yesterday the pound / dollar failed to overcome the 55-day moving average, which takes place at the level of 1.6462, and the couple took up the base of the channel. Bank currency strategist believe that a week-long closure of the pair below 1.6100 will be the basis for reducing the pound / dollar to the 1.5690/55 area, where the level of the Fibonacci Retracement and 55-week moving average - overcoming these levels, the couple rush to a mark 1.5270. The bank also believes that, while a pound / dollar is kept below 55-day moving average, the proposal will dominate the demand. At the moment couple pound / dollar traded at 1.5940.

UniCredit sees buying euro / dollar

The renewed trend away from risk has led to a decrease in the euro / dollar is now below the 1.4650 mark. According to analysts of UniCredit, the weak data on orders for durable goods and new home sales in the U.S. could have a negative impact on the couple, and in case of a breakthrough level of 1.46 euro / dollar can rush to a mark 1.4530. However, currency strategist at Bank believes that such a reduction will be a good opportunity to buy a pair. The bank believes that only a drop below 1.4450 will abort the current upward trend in euro / dollar. Currently, the euro / dollar traded at 1.4666.

Barclays Capital predicts further decline in pound / yen

As the currency analysts Barclays Capital, the closure pound / yen below the minimum in July 2008 at 146.77 was the completion of many months of formation "double top" and evidence of the medium-term reversal of trend. According to the Bank's strategy in the coming weeks may decrease pound / yen to the target level of Fibonacci projections at 136.70, and then to 131.00. At the moment couple pound / yen traded at 144.28, slightly above the 4-month low 144.20.

Commerzbank: dollar / yen may fall to a minimum the beginning of the year

Dollar / yen is persistently trying to penetrate the area of support 90.15/12. According to currency analysts Commerzbank, breach of these levels will open the way to further reduce the pair to a minimum in January 2009 at 87.55 and 87.15. The bank believes that the upward movement of a pair stumble upon a snag in the form of 20-day moving average, which takes place at 91.89 - in case of a breakthrough at this level next resistance area speak 93.05/30. At the moment pair dollar / yen is trading near the 90.20 level.

T3 Moving Average MT4 Indicator

The T3 Moving Average was described by Tim Tillson in the January 1998 issue of Technical Analysis of Stocks & Commodities article "Smoothing Techniques for More Accurate Signals". The T3 is a significant improvement over traditional moving averages; it's smoother with much less lag. However, it can "overshoot" price as it attempts to re-align itself with current market prices.

The T3 Moving Average can be used in place of traditional moving averages. Please refer to the "Moving Average" indicator for additional details.

Download

T3MA.mq4

Tim Morris MA (MMA) MT4 Indicator

Created by Tim Morris in 29th May 2004 (version 2).
Converted for MT4 by Nikolay Kositsin in 2005.

Authors' comments:

"use short duration bars e.g. 5min set length to give required speed of response increase damping to eliminate overshooting Lower length will require Higher damping".

Settings:

Length = 10;//inverse of driving coefficient
damping = 5;//smoothing (percent)
maxgap = 30;//maximum week gap ignored (pips)
Shift = 0;
CountBars = 300;//drawn per call - tune this to avoid

Download

MMA.mq4

MAX Moving Average MT4 Indicator

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MAX Moving Average.mq4

wma cross1 MT4 Indicator

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wma cross1.mq4

Magic Oscillator MT4 Indicator

It shows the current situation in the market, that is a trend or correction.
Gives priority to trade lower time frames for the older signals, as well as be placed pending orders in accordance color.

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MagicOscillator.mq4

Ema Angle Zero MT4 Indicator

EMAAngleZero is a filter to keep out of sideways markets when there is no trend. It uses EMA 34 with an angle threshold of .2 to .33 to detect a sideways market. As explained in the comments found in the indicator, when the angle is near zero do not trade.
The angles are measured in Radians where 1 radian is about 57 degrees. So .33 is about 19 degrees and .2 is about 11 degrees.

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EmaAngleZero.mq4

cross MT4 Indicator

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cross.mq4

CCM2 MT4 Indicator

Download

CCM2.mq4

Commerzbank predicts decline of the British pound against the euro

Analysts said Commerzbank, the end of the year, the British pound may fall against the euro to a mark of 0.94 after the announcement of the Bank of England Governor Mervyn King that the weakening national currency "very useful". As noted in the bank, if the central bank considers advantageous weakening its national currency, the currency can hardly be considered an attractive asset for investment. Central bank policy of Great Britain has been criticized even before the King's statement. If the Governor of the Bank of England will continue to adhere to his view of the national currency, it can be considered as evidence that he was not concerned about the loss of trust in this matter. Currently, the euro / pound is trading at 0.9133.

Barclays Capital: the fall of the British pound may continue

The British pound again reduced. Euro / pound set a new five-month high of 0.9130, and, as noted currency analysts Barclays Capital, in the case of a breakthrough at this level a couple may rush to a mark of 0.93. Couple pound / dollar fell from the area above 1.6350 to a minimum below the 1.62 - the bank believe that the pound / dollar may well continue to decline to a level of 1.6130. Couple pound / yen fixed 4-month low at 146.50 - the inability of couples to rise above the 146.70 level will create a foundation for the formation tops. The bank also note that in pair with the Australian dollar, British pound reached a new 25-year low of 1.8505.

UBS recommends to sell pound / franc

According to currency strategists UBS, investors should sell the British pound against the Swiss franc in anticipation of couples to reduce the level of 1.60. As noted in the bank, if economic data continue to be disappointing, at the November meeting, the Bank of England may well decide to expand the program of asset purchases under the policy of quantitative easing another 25 billion pounds. Analysts recommend the bank to sell the British pound against the Swiss currency at 1.6800 and close positions in the case of growth pound / franc to 1.7150 level. At the moment couple pound / dollar traded at 1.6816.

Moving Average ribbon MT4 Indicator

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MA_ribbon.mq4

Moving Average Chanels FiboEnv Mid MT4 Indicator

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MA_Chanels_FiboEnv_Mid.mq4

Moving Average Candles MT4 Indicator

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MA_Candles.mq4

Moving Average All Averages v2.2 mtf MT4 Indicator

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MA_AllAverages_v2.2_mtf.mq4

Moving Average Convergence/Divergence (MACD) MT4 Indicator

Moving Average Convergence/Divergence is the next trend-following dynamic indicator. It indicates the correlation between two price moving averages.

The Moving Average Convergence/Divergence Technical Indicator is the difference between a 26-period and 12-period Exponential Moving Average (EMA). In order to clearly show buy/sell opportunities, a so-called signal line (9-period indicators` moving average) is plotted on the MACD chart.

The MACD proves most effective in wide-swinging trading markets. There are three popular ways to use the Moving Average Convergence/Divergence: crossovers, overbought/oversold conditions, and divergences.
Crossovers

The basic MACD trading rule is to sell when the MACD falls below its signal line. Similarly, a buy signal occurs when the Moving Average Convergence/Divergence rises above its signal line. It is also popular to buy/sell when the MACD goes above/below zero.
Overbought/oversold conditions

The MACD is also useful as an overbought/oversold indicator. When the shorter moving average pulls away dramatically from the longer moving average (i.e., the MACD rises), it is likely that the security price is overextending and will soon return to more realistic levels.
Divergence

An indication that an end to the current trend may be near occurs when the MACD diverges from the security. A bullish divergence occurs when the Moving Average Convergence/Divergence indicator is making new highs while prices fail to reach new highs. A bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. Both of these divergences are most significantwhen they occur at relatively overbought/oversold levels.

Calculation of MACD

The MACD is calculated by subtracting the value of a 26-period exponential moving average from a 12-period exponential moving average. A 9-period dotted simple moving average of the MACD (the signal line) is then plotted on top of the MACD.

MACD = EMA(CLOSE, 12)-EMA(CLOSE, 26)

SIGNAL = SMA(MACD, 9)


Where:

EMA — the Exponential Moving Average;
SMA — the Simple Moving Average;
SIGNAL — the signal line of the indicator.

Download

MACD.mq4

HSBC expects growth in the dollar / yen to 100.00 by the end of the year

Analysts said HSBC, by year-end pair dollar / yen may rise to a mark of 100.00 in the fading effect of optimism created by last month's elections in Japan. As noted in the bank, fundamentals have remained the same - domestic demand is still low, and current-account surplus extremely small. The bank believed that the Japanese yen could again become the currency of the financing transactions with other currencies, as interest rates in Japan are likely to remain low for a long time. Thus, first a rollback in the pair dollar / yen, and then grow other crosses with the Japanese currency - the euro / yen, and others. At the moment pair dollar / yen is trading at 91.40, the euro / yen - at around 135.00.

Mizuho: the dollar may continue to fall

Dollar over the past six months against all major currencies, in particular at 27%, he sank a pair with the New Zealand dollar. Dollar Index on ICE during this period lost 15%, falling towards historic lows near 70.80 in March 2008. At Mizuho note that, although the latter now looks as oversold as it was then, the current technical picture still does not give reason to talk about the prospect of a change of direction. According to the bank's strategy, confident break below 76.00 (the current index holds about 76.35) will open the way to 72.00, whereas at similar developments in the fourth quarter can be expected to shy testing support near 70.00 points. At Mizuho note that review their expectations about the future prospects of the U.S. currency will make their weekly closing above 79.00 points.

Calyon continues to sell euro / pound

Reversal pattern that had started on the chart euros / pounds on Tuesday, according to strategists Calyon, is a signal about the potential of the medium peaks form, with the confirmation of their fears was the fall of a pair of lower support at stg0.9024. In addition, the bank drew attention to the fact that today's minutes of the meeting of the Bank of England rates was not as negative for the pound, as many expected, but the fundamental factors and does appear to be more positive than before. At Calyon notes that the model estimates the fair value of the British currency at purchasing power parity basis points to a strong pound undervalued, and they prefer to continue its purchases against the euro.

Commerzbank holds a positive forecast for the euro / franc

Euro / franc today reached a new weekly low of 1.5121, however, according to currency analysts Commerzbank, it does not alter the positive outlook for the pair. Bank strategists believe that in future the couple are unlikely to fall below the minimum 9 July, at the level of 1.5110 - the bank expected growth in the euro / franc to the maximum of 27 August at 1.5244 and then to the maximum on Aug. 10 at around 1.5340. Now the euro / franc traded at 1.5125.

Analysts advise selling the euro / pound

The stagnation of the euro / pound in the past few days, and his gradual decline from recent highs does not inspire optimism, some analysts who see the risks that the couple, who currently holds around stg0.9033, will continue to correction after the recent rapid growth. This point of view, in particular, hold a currency strategist BTMU, who counsel attempts to use the growth of a single currency for sales with the expectation of a decline in the short term. At UBS, meanwhile, believe that in the run-up to the nearest meeting of the MPC, which is scheduled for early next month, the British currency is likely to remain under pressure, but in general, they expect the Bank of England will give market participants more clearly understand their position, and advised to seek opportunities for sales of euro / pound.

Bank of New York Mellon: pound at a crossroads

Once the bulls become convinced that Ofer of $ 1.6350/60 were too large to overcome their first attempt, pound felt the weakening of interest in the purchase and planned lower as a result he now holds about $ 1.6320. The nearest support it receives bids close to the figure, while the following series of orders to buy are around $ 1.6285/80 with a greater concentration in the area of $ 1.6360. Currency strategists Bank of New York Mellon does not rule out further attempts to growth, noting that the main resistance is around $ 1.6480, but note that while the question of whether the rebound from the $ 1.6110 the beginning of a new wave of growth or the couple will resume fall, remains open. They note that in the long-term charts have the risk of head and shoulders, and to break below $ 1.6110 will open road to $ 1.5980 and $ 1.5800, while the ultimate goal of a reversal pattern is the area around $ 1.5000.

Barclays Capital: the scenario of the dollar / yen is already written

As the currency analysts Barclays Capital, for a pair dollar / yen story, apparently repeating itself. A pair of rolled from Fibonacci support at 90.20, and this recoil is similar in nature to correctional rally in May and July, also descended from the correction levels of growth in the 1 st quarter of 2009. In case of repetition of the scenario in the remainder of the week possible consolidation near 90.50 and 92.00, after which the growth of couples is likely to continue. At the moment pair dollar / yen is at around 91.41.

Societe Generale: euro / dollar is ready for new challenges

Euro / dollar rose today, breaking the maximum of last week at 1.4770 and reached 1.4800 marks. Analysts said Societe Generale, this indicates that the period of consolidation after the recent growth of the area 1.4175/1.4190 completed. Euro / dollar resumed its medium-term uptrend to the upper boundary of the proposed uplink, which this week takes place at the level of 1.5010. Resistance is at 1.4815 and 1.4865, support levels are 1.4770 and 1.4715. Currently, the euro / dollar is trading at around 1.4808.

BNP Paribas does not exclude the possibility of new interventions in Switzerland Central

As analysts say BNP Paribas, trade-weighted index of the franc reached new highs suggesting that the trade-weighted exchange rate of the Swiss currency is now higher than before the currency interventions of the Swiss National Bank in March 2009. Today the pair dollar / franc reached a new 14-month low of 1.0235. The bank believes that this situation may cause concern to the leadership of the Central Bank and, therefore, quite possible a new series of currency intervention. By euro / franc bank hold bullish forecast and prefer to buy a pair of the decline to a level of 1.5120 to the recent peaks of 1.5350. Now euro / franc was at around 1.5150, the dollar / franc - at 1.0240.

FX FISH MT4 Indicator

If you set the parameter signals=true, the indicator will plot on the shart entry signals. Could be used to confirm an entry.

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FX FISH.mq4

Deutsche Bank expects lower dollar / yen by the end of the year

Dollar / yen today has demonstrated exceptional growth, but currency strategist at Deutsche Bank believe that the medium-term couples are not good, and the remainder of this year, the dollar / yen may rapidly deteriorate. Given the relatively tight monetary policy in Japan compared to unattractive levels of profitability in the U.S., bank analysts predict a decline of U.S. currency to a mark of 85 or even 80 yen per dollar. The bank also reported a low probability of currency intervention by the Bank of Japan. Pair dollar / yen is currently traded at 92.05.

Deutsche Bank predicts growth in the euro against the franc

Euro / Franc and failed to break above if Offered around Chf1.5195, and now he is held around Chf1.5168, demonstrating a willingness to adjust lower. Deutsche Bank currency strategist noted that in the near future such attempts seems likely, however, advised to use them for opening long positions in the pair. The bank believed that the improved prospects for world economic growth paves the way for the next stage of growth in demand for higher-yielding currencies, which would be a bad thing for the franc, while still tough position SNB said in favor of selling the latter to the calculation of the euro / franc Chf1 .5650 by the end of this year.

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