What Is Forex


Forex Mindset

What Is Forex

 

 

What Is Forex, forex or foreign exchange is the buying and selling of international currency pairs o different countries. An good tool for passive income.

 

 

Flow Centre Passive Income

What Is Forex

 

 

 

Receive 2 FREE chapters from ‘Flow Centre’

 

Simply Enter your First Name and Email

 

Also the wealth classic ‘Think and Grow Rich’


What Is Forex

 

 

 

 

What Is Forex

 

 

 

 

 

 

 

What Is Forex

What Is Forex

What Is Forex DAILY MARKET REPORT
December 28th 2016

EUR/USD What Is Forex

What Is Forex

Major pairs are little changed when compared to their Friday’s closes this Tuesday, with trading volume reduced to its minimum expression in this last shortened week of the year. The EUR/USD pair trades in the 1.0450 region, unchanged, despite better-than-expected US data, showing that manufacturing activity expanded in December in two districts according to different surveys. The Richmond index came in an 8 from previous 4, whilst the Dallas one printed 15.5 from previous 10.2. Also, consumer confidence increased to the highest level since August 2001, as the Conference Board Consumer Confidence  Index hit 113.7 in December, beating expectations of 109.0, and above a previous upwardly revised 109.4.

From a technical point of view, the pair has made little progress, still contained below 2015 yearly low, although maintaining a strong neutral stance short term, amid reduced volumes all through the financial world. In the 4 hours chart, the price continues developing below a bearish 20 SMA, currently at 1.0530, while the Momentum indicator has continued correcting higher within negative territory, and the RSI indicator remains flat around 40, suggesting that the upward potential remains limited. The risk of  a steeper upward move is also limited by fundamentals, given that macroeconomic data support the positive sentiment towards the greenback. Also, little downward action is to be expected as long as the price holds above 1.0420.

Support levels: 1.0420 1.0390 1.0350

Resistance levels: 1.0465 1.0500 1.0530

What Is Forex

What Is Forex

 

USD/JPY What Is Forex

The USD/JPY saw a modest uptick this Tuesday, advancing up to 117.61 in the US session following the release of encouraging US data manufacturing and confidence data, with this last at its highest in over 15 years. In Japan household spending fell in November by 1.5%, down for tenth month in-a-row, while inflation fell for ninth consecutive month, also in November, as the core CPI, which excludes volatile fresh food prices, slipped 0.4% when compared  to a year earlier, against a median market forecast for a 0.3% fall, with the economy still struggling with deflationary pressures, despite Kuroda’s encouraging outlook for 2017. The pair continued trading within a well-defined wedge, clear in the daily chart, although the price is approaching to the vertex, and if current range trading continues, the figure will become invalid. In the 4 hours chart, technical indicators are neutral, still heading nowhere around their mid-lines, whilst the price holds well above bullish 100 and 200 SMAs, all of which indicates that the dominant bullish trend remains in place, despite the absence of activity seen these days.

Support levels: 117.10 116.55 116.20

Resistance levels: 117.60 117.95 118.30

What Is Forex

What Is Forex

 

GBP/USD What Is Forex

The GBP/USD pair traded marginally lower this Tuesday, with UK banks closed amid the Christmas public holiday, moved from Sunday to Tuesday due to the Boxing Day bank holiday taking place as usual on Monday 26th. That left the macroeconomic calendar empty since the release of Q3 GDP revision last Friday. For this Wednesday, the only piece of relevant data will be November Mortgage Approvals. The pair remains sideway, although pressured lower by renewed fears over a hard landing once Theresa May pulls the Brexit trigger, and while trading activity is likely to remain subdued for the rest of the week, chances of an upward correction are scarce. The line in the sand for the ongoing downward  trend comes at 1.2330 a major static resistance now. Technical readings in the 4 hours chart, despite lacking directional strength, maintain the risk towards the downside, given that the 20 SMA maintains a sharp bearish slope above the current level, whilst technical indicators have corrected higher, but remain within negative territory. Below 1.2228, the risk of a steeper decline increases, as the level stands for the monthly low.

Support levels: 1.2228  1.2200 1.2170

Resistance levels: 1.2300 1.2330 1.2385

What Is Forex

What Is Forex

 

AUD/USD What Is Forex

The Aussie posted some modest gains against its American rival this Tuesday, underpinned by a sharp advance in gold prices, due to some strong psychical demand in India, and firmer oil prices. The AUD/USD pair settled around 0.7185 after meeting selling interest on an approach to the 0.7200 level. The pair can see a larger recovery on a break above 0.7210, the 61.8% retracement of the early year rally, and despite being quite close, such movement seems unlikely short term, as technical readings continue supporting a bearish case. In the 4 hours chart, the 20 SMA has accelerated its slide below the mentioned resistance, whilst the Momentum indicator retreats within bearish territory after failing to surpass its 100 level, and the RSI indicator remains flat near 30. Despite limited intraday volumes, a steeper slide can be seen on a break below 0.7145, May monthly low, with scope to extend sub-0.7100 during the upcoming sessions.

Support: levels: 0.7145 0.7100 0.7065

Resistance levels: 0.7210 0.7250 0.7290

What Is Forex

What Is Forex

 

GBP/CAD What Is Forex

The Canadian dollar fell against all of its major rivals, despite oil prices rallied to fresh 2-week highs, with the local market closed amid an extension of Christmas holidays. Better-than-expected US data alongside with rising US stocks weighed on the Loonie, still hurt by poor local data released last week, after the country’s GDP declined 0.3% in October from a month earlier, according to the Statistics Canada report released on Friday before the holidays. which increases the divergences within the US and Canada.  The GBP/CAD cross edged modestly higher this Tuesday, ending the day right below the 1.6660 level after a negative start to the day. Still trading within its usual range, the 4 hours chart presents a bullish tone ahead of the Asian opening, as the price advanced above a bullish 20 SMA, while technical indicators head north above their mid-lines, all of which supports some further advances, although a firmer extension beyond 1.6660, a key Fibonacci resistance, is required to confirm such additional gains for this Wednesday.

Support levels: 1.6595 1.6540 1.6490

Resistance levels: 1.6660 1.6720 1.6780

What Is Forex

What Is Forex

 

Dow Jones What Is Forex

US major indexes closed the day with gains, as strong manufacturing readings fueled hopes for steadier growth during 2017 in the US. Nevertheless, trading remained subdued, with the Dow Jones Industrial Average closing  the day up by just 11 points at 19,945.04, whilst the S&P added 5 points and ended at 2,268.88. The Nasdaq Composite advanced to a new record high before settling at 5,487.44, up by 24 points or 0.45%. As for the DJIA technical picture, the benchmark advanced up to 19,978 intraday, barely 6 points away from the all-time high posted this December, and still poised to test the 20,000 threshold, and still bullish, as the 20 DMA continues advancing below the current level and well above the larger ones, whilst the RSI indicator turned modestly higher around 76. The Momentum indicator in the mentioned chart has pulled further lower within positive territory, as a consequence of diminished volumes rather than the absence of buying interest. Shorter term, and according to the 4 hours chart, the neutral stance persists, with the index now a few points above a horizontal 20 SMA and technical indicators heading modestly lower within positive territory.

Support levels: 19,884 19,823 19,746

Resistance levels: 19,984 20,020 20,065

What Is Forex

What Is Forex

 

FTSE What Is Forex

There was no activity in the Footsie this Tuesday amid the Christmas holiday, with the latest registered close at 7,068.17. Given Pound’s weak tone, the index may continue advancing this Wednesday, albeit gains are expected to be limited amid the ongoing winter holidays. As commented on previous update, the benchmarks stands not far away from this year high of 7.136, posted last October, and in the daily chart, technical readings support further gains as the index stands at its highs for the month, while the 20 DMA has crossed above the 100 DMA, both below the current level, and the RSI indicator continues heading higher around 65. In the 4 hours chart, the technical outlook is also positive, as a bullish 20 SMA continues providing intraday support, now around 7,037, while technical indicators lack directional strength, but hold within positive territory.

Support levels: 7,037 7,000 9,972

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

What Is Forex

What Is Forex

 

Gold What Is Forex

Spot gold jumped to a fresh two-week high of $1,150.74 a troy ounce, boosted during the past Asian session by physical demand in India, the world’s largest consumer of gold. The movement was exacerbated by extremely thin volume, although the commodity trimmed most of its daily gains during the US afternoon, on the back of better-than-expected manufacturing and consumer sentiment figures, to settle around 1,137.80. The daily chart for the bright metal shows that the rally stalled around a bearish 20 DMA, while technical indicators have recovered from oversold levels, but remain within negative territory. In the 4 hours chart, spot broke above the upper end of the descendant channel that contained the price since mid November, and completed a pullback to the descendant trend line before settling above it. Also, the price is above a directionless 20 SMA, while technical indicators have retreated within positive territory. All in one, the downside seems limited short term as long as the price holds above the 1,132.00 region, although intraday gains will likely continue attracting speculative selling interest.

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

Resistance levels: 1,142.60 1,150.75 1,158.90

What Is Forex

What Is Forex

 

 

What Is Forex

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

 

 

What Is Forex

(for people desiring to squeeze more juice from life)

 

What Is Forex

 

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

 

What Is Forex

 

 

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.

 

 

What Is Forex


What Is Forex
 

 

Forex Trading Today

Music and Trading

Best Relaxation Time

Metabolism Raising

 

 


What Is Forex

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

 

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

What Is Forex

 

 

 





Tags: , , , , , , , , , , ,

Leave a Reply