Forex Trading Education


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Forex Trading Education

 

 

Forex Trading Education, is an important factor in using the foreign exchange market as a tool for passive income growth.

 

 

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Forex Trading Education

 

 

 

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Forex Trading Education

 

 

 

 

Forex Trading Education

 

 

 

 

 

 

 

Forex Trading Education

What Is Forex

Forex Trading Education DAILY MARKET REPORT
December 29th 2016

EUR/USD Forex Trading Education

Forex Trading Education

The American dollar resumed its advance this Wednesday, resulting in the EUR/USD pair falling below the 1.0400 mark. The greenback pared gains early in the US afternoon, following the release of an unexpected disappointing housing report. US Pending home sales declined by 2.5% percent in November, after rising 0.1%  the prior month. Nevertheless, the greenback extended its advance afterwards, and holds on to gains ahead of the Asian opening, barely 20 pips away from the year high posted against the common currency reached this month at 1.0352.

Technical indicators in the 4 hours chart have gathered bearish momentum, maintaining their downward slopes near oversold readings, whilst the price broke through a now bearish 20 SMA, providing a dynamic resistance around 1.0445, the comfort zone from earlier this week, all of which favors a new leg lower for the upcoming sessions. As long as the price remains below 1.0420, now the immediate resistance, the pair has scope to retest its year low of 1.0352, with further declines below it opening doors for a test of the 1.0206 level, July 2002 monthly high.

Support levels: 1.0350 1.0320 1.0290

Resistance levels: 1.0420 1.0455 1.0490

Forex Trading Education

Forex Trading Education

 

USD/JPY Forex Trading Education

Dollar’s demand was not enough to push the USD/JPY pair higher, with the pair down to 117.05 ahead of Wall Street’s close, as falling stocks weighed on the pair. US equities edged sharply lower after the Dow failed to take the 20,000 threshold, forcing speculative interest to book profits ahead of the year-end.  Also, US Treasury yields edged lower after an uptick at the beginning of the day, with the 10-year benchmark settling at 2.55% from previous 2.56%.  During the upcoming Asian session, the Bank of Japan will release its Summary of Opinions, which includes BOJ’s projections for inflation and economic growth. Given Kuroda’s optimistic speech earlier this month, the numbers should converge with his words, that is, suffer modest upward revisions from previous ones, in order to prevent the JPY from appreciating. Technically, the price broke below the base of the  small wedge that dove it for most of this last two weeks, invalidating the continuation figure. In the 4 hours chart, the price remains well above its moving averages, although technical indicators have turned lower, now crossing below their mid-lines, anticipating some further declines ahead, particularly if local share markets also fall.

Support levels: 116.90 116.55 116.20

Resistance levels: 117.40 117.80 118.10

Forex Trading Education

Forex Trading Education

 

GBP/USD Forex Trading Education

The GBP/USD pair plunged to 1.2200, its lowest level since late October, amid a fresh bout of dollar’s demand. Data coming from the UK showed that consumer credit growth continues to be strong, despite falling back a little in November, as a result of strong retail sales in recent months, according to the British Bankers’ Association. The number of Mortgage Approvals in the same month, decreased by more-than-expected, coming in at 40.659K  against a previously revised 40.835K. The downside bias is also being backed up by deteriorating sentiment towards the Pound, amid renewed fears about a “hard Brexit.” The pair bounced modestly from the mentioned daily low, meeting intraday selling interest at 1.2240, now the immediate resistance. Technically, and according to the 4 hours chart, the risk remains towards the downside, given that the price remains contained below a sharply bearish 20 SMA, and that the RSI indicator reached oversold readings before entering a consolidative stage. In the same chart, the Momentum indicator lacks directional strength, holding right below the 100 level, as the pair entered a consolidative phase. Further slides below 1.2200 will expose the 1.2082 level, October 25th daily low.

Support levels: 1.2200 1.2170 1.2140

Resistance levels: 1.2240 1.2285 1.2330

Forex Trading Education

Forex Trading Education

 

AUD/USD Forex Trading Education

The AUD/USD pair advanced at the beginning of the day up to 0.7219, but quickly retreated below the 0.7210 critical Fibonacci resistance. The advance was triggered by a recovery in base metals that boosted local shares, although it was short lived, as the market is still looking to re-buy the greenback at lower levels. The pair resumed its slide with London opening, but held above the monthly low posted last week at 0.7159. There are no macroeconomic releases scheduled in Australia for the upcoming Asian session, so the pair will likely trade on sentiment, tracking local markets’ movements. From a technical point of view, and given the inability of the pair to remain above the mentioned resistance, the risk remains towards the downside, moreover as the 4 hours chart shows that the price is below a bearish 20 SMA, whilst technical indicators hold within negative territory, despite having posted modest recoveries from their daily lows. As commented on previous updates, further declines will depend on a break below 0.7145, May monthly low.

Support: levels: 0.7145 0.7100 0.7065

Resistance levels: 0.7210 0.7250 0.7290

Forex Trading Education

Forex Trading Education

 

GBP/CAD Forex Trading Education

The GBP/CAD cross fell to the lower end of its latest range, as the Pound weakened whilst the Canadian dollar advanced, against the greenback. The cross printed a daily high of 1.6688 during the past Asian session, but suffered a technical retracement, as the price eased from its recent highs around the 38.2% retracement of the latest bullish run at 1.6660. The cross has made little progress during most of this December, as the FX market has been all about the USD ever since Trump won the US Presidential election, situation later exacerbated by US Federal Reserve dot-plot, anticipating three rate hikes for 2017, against September projection of just two. There are no major macroeconomic releases scheduled in these economies for the upcoming days, which means that the cross will likely continue trading range bound. Nevertheless, the risk is towards the downside, as in the 4 hours chart, technical indicators have accelerated into negative territory, reaching fresh weekly lows and maintaining their sharp bearish slopes, whilst the price is now below a still flat 20 SMA.

Support levels: 1.6540 1.6490 1.6450

Resistance levels: 1.6600 1.6660 1.6720

Forex Trading Education

Forex Trading Education

 

Dow Jones Forex Trading Education

Wall Street edged lower with the Dow Jones Industrial Average shedding 111 points to close at 19,833.68. The Nasdaq Composite lost 48 points and closed at 5,438.56, while the S&P ended 0.84% lower at 2,249.92. Stocks started the day with a positive tone, but losses in the tech sector dragged US majors’ benchmarks lower. Also, sentiment among stocks’ traders deteriorated after the Dow failed to reach the 20,000 level, with only one component closing in the green, Travelers Cos., up by 0.08%. Caterpillar on the other hand, was the worst performer, down by  1.48%.  Profit taking may have also had something to do with the sharp intraday decline ahead of the year-end. From a technical point of view, the daily chart shows that the index is still above a bullish 20 DMA, currently at 19,781, while the Momentum indicator heads lower and is about to cross its 100 level towards the downside, and the RSI indicator finally retreated from overbought territory, having been above 70 since early November. In the 4 hours chart, technical indicators head sharply lower within bearish territory, whilst the index moved below a horizontal 20 SMA, supporting some further declines on a break below the mentioned support.

Support levels: 19,781 19,740 19,688

Resistance levels: 19,856 19,931 19,978

Forex Trading Education

Forex Trading Education

 

FTSE Forex Trading Education

The FTSE 100 reached a new all-time closing high this Wednesday, up daily basis by 38 points or 0.54% to 7,106.08. A weaker Pound and strong gains in the mining sector led the benchmark higher after a long holidays weekend. Silver miner Fresnillo topped winners’ list, gaining 5.22%, followed by gold producer Randgold Resources which added 4.88%. A modest advance in oil prices backed the energy sector, with BHP Billiton also within the best performers, up by 4.29%. The Footsie, however, trimmed most of its daily gains in futures trading, undermined by falling US stocks. Technically, the index maintains a positive tone in its daily chart, as the Momentum indicator eased modestly within bullish territory, whilst the RSI indicator continues heading higher around 65 and the 20 DMA maintains its upward slope below the current level. In the 4 hours chart, a bullish 20 SMA stands at 7,054, providing an immediate support, while the RSI indicator retreated within positive territory, suggesting the benchmark may ease further on a break below the mentioned support.

Support levels: 7,054 7,010 9,972

Resistance levels: 7,080 7,136 7,175

Forex Trading Education

Forex Trading Education

 

Gold Forex Trading Education

Gold prices extended their gains this Wednesday, with spot closing the day at $1,141.90 a troy ounce. Bright metals enjoyed some demand during the Asian session, retreated on dollar’s intraday strength, and later recover amid falling equities in the US. The recovery seems barely corrective, as the price remains far below the 23.6% retracement of its latest daily slump, at 1,173.25. From a technical point of view, the daily chart shows that the price remains capped by a bearish 20 DMA, currently at 1,147.05, providing an immediate resistance for this Thursday. In the same chart, technical indicators have corrected further higher within bearish territory before turning flat, indicating diminishing buying interest. In the shorter term, and according to the 4 hour chart, the commodity presents a limited upward potential, as the price has been holding above a modestly bullish 20 SMA, whilst technical indicators are aiming higher within positive territory, still far below their previous weekly highs.

Support levels: 1,132.10 1,127.70 1,122.60

Resistance levels: 1,147.05 1,158.90 1,165.10

Forex Trading Education

Forex Trading Education

 

 

Forex Trading Education

Why The Wellness Clarinet LTD –

 

Branding by Association and Wow!
Committed to helping people achieve their burning intention and critical net worth (CNW), with passion warmth focus and adventure. Luckily with a well established group of successful companies contributing to the process.

 

David Jean-Baptiste: Executive Chairman and inventor of Flow Centre, a successful clarinettist, saxophonist, trader and entrepreneurial creative thinker. With endorsements as an artist from Henri Selmer Paris  and d’Addario

 

 

THE CLARITIQUE QUESTIONNAIRE

 

 

Forex Trading Education

(for people desiring to squeeze more juice from life)

 

Forex Trading Education

 

1. Can you share one Intention you most desire to achieve?

2. Imagine some likely future situation, what happens when you see yourself making your Intention
come real?

3. Can you imagine your favourite place in the world to relax and feel good? Some people say their
own home and this is good, can you think of another?

4. Being appreciated and respected is a human need, we can all remember at least one time when
we felt appreciated and respected. What happens as you begin to feel loved and respected?

5. What drives your passion positively? Passion sometimes reaches boiling point. What happens
when your passion for something, someone or a situation in your life was so intense it was on
fire, burning inside you with life?

6. When you learn new ways to do act on intention, beautifully your chances of making it come real
multiplies. What else happens as you begin to learn new possibilities?

7. Having a deep sense of fulfillment from within is the best elixir imaginable, magically bringing
you freedom, happiness and satisfaction. It’s good to know that people find different things
fulfilling. Can you remember a time when you felt totally fulfilled?

8. Wow moments often come unexpectedly and are often amazing thrilling us to bits. Can you
describe five different wow moments in your life?

9. The word enrichment conjures up a colourful palette of positive emotions in us. Can you tell me
what the word enrichment means to you?

10. Music is an incredible healing force, enriching the human spirit, also opening and
strengthening the connection between the body and mind. Is there any music giving you
strong feelings?

 

David Jean-Baptiste

 

Forex Trading Education

 

 

Time v Income Reality Check

How much income do you earn per hour of work?
How many hours do you work on business that are currently non-income producing?
Where do you have time-leaks?
What impact are they having on your life?
Can you leverage the time that you work?

 

 

Open to Change Check

What would your ideal scenario be?
What hours would you like to work?
What income would you like to produce?
Do you prefer one good income stream with potential for growth, or do you prefer a few different income streams?
How closely does your current income stream, hours of work, and type of work correlate to this ideal?

 

 

Three Steps to Get Started Now!

1. Get clear, utilize your power of focus and act through your own self knowledge.
2. Get the tools, a workable plan, and include the services of a coach or a consultant. Non-action will cost you. How much?
3. Understand your own pain verses pleasure continuum. People will do more to move away from pain than they will do to move towards pleasure.
Get clear on your vision and mission. Your vision being what you desire at a level of your identity, and mission being why you want it.

What is money? Money is perceived value of something, plus creativity, plus passion.

 

 

7 Steps to Wealth Creation

1. Decide what is holding you back and deal with it.
2. Understand what money is.
3. Plan for wealth
4. Decide what you desire to attract into your Flow Centre and why you want it.
5. Understand financial concepts and the skills to create money.
6. Work with the support team you need.
7. Take ‘massive’ consistent wealth action.

 

 

4 Ways to Accelerate Your Journey to Financial Freedom

1. Increase your income
2. Save more
3. Invest more
4. Compound it, so to increase your rate of return.

 

 

Forex Trading Education


Forex Trading Education
 

 

Forex Trading Today

Music and Trading

Best Relaxation Time

Metabolism Raising

 

 


Forex Trading Education

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

 

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

Forex Trading Education

 

 

 





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