InvestMacro

Analytics by JustForex

The EUR/USD currency pair

• Prev Open: 1.12742
• Open: 1.13249
• % chg. over the last day: +0.50
• Day’s range: 1.13129 – 1.13414
• 52 wk range: 1.1214 – 1.2557

Yesterday, the USD index (#DX) retreated from the monthly maximums and closed in the red. The US/China trading conflict remains in the spotlight. The demand for the high-risk assets grew after the statement by Donald Trump. The US president claimed that he is ready to prolong the truce between the countries. The key support and resistance levels are 1.13000 and 1.13400. You should open positions from these levels. EUR has a tendency to correct further.

The Economic News Feed for 13.02.2019:

• – GDP report (EU) – 12:00 (GMT+2:00);
• – Inflation report (US) – 15:30 (GMT+2:00);

The indicators do not provide precise signals. The price fixed between 50 MA and 200 MA which act as dynamic support and resistance levels.

The MACD histogram is in the positive zone but below the signal line, which gives a weak signal to buy EUR/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which points to a bearish mood.

• Support levels: 1.13000, 1.12600
• Resistance levels: 1.13400, 1.13800, 1.13400

If the price fixed above 1.13400, expect the quotes to recover toward 1.13800-1.14000.

Alternatively, the quotes can fall toward 1.12700-1.12500.

The GBP/USD currency pair

• Prev Open: 1.28535
• Open: 1.28910
• % chg. over the last day: +0.31
• Day’s range: 1.28901 – 1.29227
• 52 wk range: 1.2438 – 1.4378

GBP/USD retreated from the monthly maximums, which was caused by the technical factors. The demand for high-risk assets has grown, which provided the pound with some support. The financial market participants keep watching the Brexit situation. The GBP/USD quotes are consolidating around 1.28850-1.29250. You should open positions from these levels and wait for more reports.

At 11:30 (GMT+2:00) the UK will publish an inflation report.

The indicators do not provide precise signals, the price fixed between 50 MA and 200 MA.

The MACD histogram is in the positive zone and above the signal line, which gives a strong signal to buy GBP/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which points to a bearish mood.

• Support levels: 1.28850, 1.28500
• Resistance levels: 1.29250, 1.29750, 1.30000

If the price fixes above 1.29250, expect the quotes to correct toward 1.29700-1.30000.

Alternatively, the quotes can fall toward 1.28300-1.28500.

The USD/CAD currency pair

• Prev Open: 1.32941
• Open: 1.32360
• % chg. over the last day: -0.55
• Day’s range: 1.31961 – 1.32376
• 52 wk range: 1.2248 – 1.3664

The USD/CAD started to descend. During the last two days of trading, the CAD strengthened against USD by more than 80 points and updated the key extremums. Right now the quotes are consolidating around 1.32000-1.32400. The trading instrument has a tendency for future correction. You should open positions from these levels.

The Economic News Feed for 13.02.2019 is calm.

The indicators do not provide precise signals, the price fixed between 50 MA and 200 MA.

The MACD histogram is in the negative zone but above the signal line which gives a weak signal to sell USD/CAD.

The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which points to a bullish mood.

• Support levels: 1.32000, 1.31600
• Resistance levels: 1.32400, 1.32650, 1.32950

If the price fixes below 1.32000, expect the quotes to fall toward 1.31600-1.31400.

Alternatively, the quotes can recover toward 1.32700-1.33000.

The USD/JPY currency pair

• Prev Open: 110.333
• Open: 110.458
• % chg. over the last day: +0.12
• Day’s range: 110.417 – 110.767
• 52 wk range: 104.56 – 114.56

USD/JPY remains in a bullish mood. Right now the trading instrument is testing the resistance at 110.750. 110.400 acts as the key support. The demand on the high-risk assets remains high. You should open positions from the key levels. Keep an eye on the US economic reports.

The Economic News Feed for 13.02.2019 is calm.

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the positive zone and keeps rising which points to a bullish mood.

The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 110.400, 110.000, 109.600
• Resistance levels: 110.750, 111.000

If the price fixes above 110.750, expect the quotes to grow toward 111.000-11.250.

Alternatively, the quotes can descend toward 110.150-110.000.

Analytics by JustForex

by JustForex

The US dollar weakened against a basket of major currencies. The dollar index (#DX) moved away from monthly highs and closed in the negative zone (-0.27%). Investors assess an agreement between Democrats and Republicans of Congress, which will avoid the next shutdown of government work. The US President, Donald Trump, is not very pleased with this agreement, but he does not want to introduce a new shutdown as well. Donald Trump said that he could push back the deadline for the US and China to conclude a trade deal. It should be recalled that now this date is March 1.

The New Zealand dollar strengthened significantly after the RBNZ meeting. As expected, the regulator left the key interest rate unchanged at 1.75%. During the press conference, the RBNZ representatives said that the interest rate would remain the same during 2019-2020. The level of employment is close to its most stable level. However, core consumer price inflation is still below the target level of 2%, which requires the continuation of a supporting monetary policy. Despite the weaker global growth, the regulator expects that low interest rates help to accelerate New Zealand’s GDP growth in 2019.

The British pound weakened against the US dollar after Theresa May had asked parliamentarians to postpone the vote on the transfer of control over the Brexit procedure for 2 weeks. The Prime Minister has only 45 days until the Brexit, but now it’s not clear what the exit will be.

The “black gold” prices have increased significantly. At the moment, futures for the WTI crude oil are testing the mark of $53.50 per barrel. At 17:30 (GMT+2:00), a report on the US crude oil inventories will be published.

Market Indicators

Yesterday, aggressive purchases were observed in the US stock market: #SPY (+1.29%), #DIA (+1.43%), #QQQ (+1.48%).

The 10-year US government bonds yield has increased slightly. Currently, the indicator is at the level of 2.67-2.68%.

– Consumer price index in the UK at 11:30 (GMT+2:00);
– Industrial production in the Eurozone at 12:00 (GMT+2:00);
– Statistics on inflation in the US at 15:30 (GMT+2:00).

by JustForex

By TheTechnicalTraders.com

Our research team has warned that the precious metals market would enter a 30~45 day rotational price trend on January 28, 2019.  On January 16, 2019, we suggested that the upside price move in the US stock market had reached initial upside target zones and suggested that price pullback would be healthy near these levels. Today, we are warning that the markets are poised for a momentum breakout move that is setting up after the minor pullback in most US stock sectors the past week.

There are a number of news factors which support both or our analysis of the precious metals market and result in a failure of our analysis of the US stock market.  First, the opportunity for the US government to agree to and pass a funding bill that removes uncertainty for many months.  If the US government is able to pass a longer-term funding bill that eliminates pricing pressures and fears in the markets, the US stock market could breakout to the upside on a new momentum move very quickly.  Second, if the US/China trade issues are resolved, in any substantial form, and trade begins to normalize over the next 6+ months, this could add even more fuel to the upside of the market and create a boost of momentum for almost all sectors.

The big question remains, which side of the fence will this news fall into and what will the likely outcome be in the US Stock market?

We continue to believe a massive capital shift is taking place throughout the globe.  Investors and traders are continually seeking safety and returns for their capital.  Even the emerging markets present a unique opportunity right now, they also present a high degree of risk.  We believe any news related to the US government funding and/or the US-China Trade issues will result in a new momentum rally in the US stock market potentially resulting in a 4~8% upside rally.

Right now, unless some news solidifies regarding either of this two-news event, we believe a downside price rotation is still in the cards starting next week and could last 15~25 days.  Should some news hit the wires that alleviates the uncertainty and concerns, then the downside expectations we have may be muted or failed expectations.

Take a look at this Daily NASDAQ chart with our Adaptive Fibonacci price modeling system.  It is easy to see the Fibonacci projected target levels clustering near the $6700 level.  It is also easy to see the upside (RED) projected level near $7000.  Fibonacci theory teaches us that price is constantly seeking out new highs or new lows.  Over the past few days, the price has settled into a range between $6840 and $7038.  Given Fibonacci price theory rules, price MUST attempt either a new high or a new low outside this range.

Our research suggests that a new price low is the highest probability outcome at this time (unless news hits to change the environment within the markets).  Therefore, we still believe the downside price levels near $6700 are the immediate target levels for the NQ with an “exception” being the “Upside Breakout Zone”.  This upside breakout/rally zone qualifies as the opposite condition to our expectations.  If news breaks and the market does begin a momentum rally based on this news, then this upside zone will qualify for a Long Entry Zone with a potential for a very quick 2~5% upside potential.

This Daily TECL chart with our Fibonacci price modeling system suggests the same type of outcome.  Barring any news events that change the investing environment, there is a strong potential for price to rotate lower towards the $99 level.  Remember, price rotation is very healthy and essential.  If we think about the primary rule of Fibonacci price theory, the price must always attempt to seek out new price highs or new price lows, it makes sense that price will trend while creating rotational zones.  Thus, a move to $99 would qualify as a new price low (breaking more recent low-price levels) and rotation back to the upside would qualify as a price direction change where new price highs will be attempted.

The one thing we have to remember as we are navigating this 15~25 expected rotational price range is that external news events can have dramatic results in the markets.  Our research team continues to scan news sources for sentiment and other market conditions.  Gold fans are expecting prices to rally above $1320 very quickly.  Most equity traders are very concerned about the current price rotation in the US stock market and the massive range that has setup.  Very few people have any real understanding of the future direction of these markets – everyone seems to be waiting for the next move.

We believe 2019 and 2020 will be incredible years for skilled traders and we are executing at the highest level we can to assist our member’s profit from our trades with us. In fact, we are about to launch our newest technology solution for our members that is unparalleled anywhere else.

We’ve recently shown you what our predictive modeling systems believe is the likely outcome for the SP500 and NASAQ over the next few months and we are waiting for the proper “setup” to reposition our members for the next move.  If you want to join a group or professional traders, researchers and friends, then visit TheTechnicalTraders.com to learn how we can help you find and execute better trades.  We recently close GDXJ for a 10.5% profit, ROKU 8.1%, and are currently up another 9% and 14.6% on two other positions.

Chris Vermeulen
Technical Traders Ltd.

Article By RoboForex.com

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD is trading close to the support level and forming Inverted Hammer and Harami reversal patterns. Judging by the previous movements, at the moment it may be assumed that after finishing another pullback the instrument may resume moving to the downside.

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY has broken the resistance level; right now, it is still trading close to it and forming Harami and Hanging Man reversal patterns. Judging by the previous movements, at the moment it may be assumed that after completing this correction the instrument may continue its ascending tendency.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.7081; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7120 and then resume moving downwards to reach 0.6990. Another signal to confirm further descending movement is the price’s rebounding from the channel’s downside border. However, the scenario that Implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.7185. In this case, the pair may continue growing towards 0.7285.

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6729; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the downside border of the cloud at 0.6775 and then resume moving downwards to reach 0.6610. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that Implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.6835. In this case, the pair may continue growing towards 0.6955.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3286; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the upside border of the cloud at 1.3220 and then resume moving upwards to reach 1.3440. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be cancelled if the price breaks the downside border of the cloud and fixes below 1.3175. In this case, the pair may continue falling towards 1.3065.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Analytics by JustForex

The EUR/USD currency pair

• Prev Open: 1.13191
• Open: 1.12742
• % chg. over the last day: -0.40
• Day’s range: 1.12723 – 1.12877
• 52 wk range: 1.1214 – 1.2557

EUR keeps showing a strong descending trend. Yesterday the quotes fell by more than 50 points. The trading instrument set the new yearly minimums and is now consolidating around 1.12700-1.13000. The currency pair has prospects for further descend. The financial market participants should keep an eye on the US/China negotiations and open positions from the key levels.

At 17:00 (GMT+2:00) the US will publish the JOLTS report. Also, check out the statements by the head of the Federal Reserve.

The price fixed below 50 MA and 200 MA which points to the power of the sellers.

The MACD histogram is in the negative zone but above the signal line which gives a weak signal to sell EUR/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line which points to the correction of EUR/USD.

• Support levels: 1.12700, 1.12300, 1.12000
• Resistance levels: 1.13000, 1.13300, 1.13600

If the price fixes below 1.12700, expect the quotes to fall further toward 1.12300-1.12000.

Alternatively, EUR/USD can correct toward 1.13300-1.13500.

The GBP/USD currency pair

• Prev Open: 1.29289
• Open: 1.28535
• % chg. over the last day: -0.56
• Day’s range: 1.28493 – 1.28848
• 52 wk range: 1.2438 – 1.4378

Yesterday GBP/USD saw some aggressive sell-offs due to the weak GDP report. In the fourth quarter of 2018 the economic growth of the country fell from 0.6% (quarter-to-quarter) to 0.2%. The quotes fell by 75 points and updated the monthly minimums. An additional pressure is caused by the Brexit conundrum. Right now the quotes are consolidating around 1.28500-1.28900. You should open positions from these levels.

The Economic News Feed for 12.02.2019 is calm. You should keep an eye on the statements by the Head of the Bank of England.

The price fixed below 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the negative zone but above the signal line which gives a weak signal to sell GBP/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line which points to a bullish mood.

• Support levels: 1.28500, 1.28000
• Resistance levels: 1.28900, 1.29350, 1.29750

If the price fixes below 1.28500, expect the quotes to fall toward 1.28200-1.28000.

Alternatively, the quotes can recover toward 1.29300-1.29500.

The USD/CAD currency pair

• Prev Open: 1.32630
• Open: 1.32941
• % chg. over the last day: +0.13
• Day’s range: 1.32768 – 1.33145
• 52 wk range: 1.2248 – 1.3664

USD/CAD has an ambiguous technical picture. The quotes are in a flat with the key range being 1.32650-1.32950. The trading instruments has prospects for further correction after a long rally. Keep an eye on the oil quotes dynamics and open positions from these levels.

The Economic News Feed for 12.02.2019 is calm.

The indicators do not provide precise signals, the price has crossed 50 MA.

The MACD histogram is close to 0.

The Stochastic Oscillator is in the oversold zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 1.32650, 1.32300, 1.32000
• Resistance levels: 1.32950, 1.33250

If the price fixes below 1.32650, expect the quotes to correct toward 1.32300-1.32000

Alternatively, the quotes can grow toward 1.33250-1.33500.

The USD/JPY currency pair

• Prev Open: 109.736
• Open: 110.333
• % chg. over the last day: +0.53
• Day’s range: 110.333 – 110.651
• 52 wk range: 104.56 – 114.56

USD/JPY started to grow. During the last two days, the yen got weakened against the USD by more than 85 points. The trading instrument updated the key maximums. Right now the quotes are testing the resistance of 110.650 with 110.350 being the local support. The currency pair has prospects for further growth. Open the postions from the key levels.

During the Asian trading session, Japan published weak reports regarding the business activity in the service industry.

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the positive zone and keeps rising which points to the further growth of USD/JPY.

The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 110.350, 110.000, 109.600
• Resistance levels: 110.650, 111.000

If the price fixes above 110.650, expect the quotes to grow toward 111.000.

Alternatively, the quotes can correct toward 110.000-109.800.

Analytics by JustForex

By TheTechnicalTraders.com

On January 28, 2019, our research team issued a research post indicating we believed that Precious Metals would rotate lower over the next 45+ days in preparation for a momentum base/breakout that would initiate sometime near the end of April or early May. Recent price weakness in Gold has begun to confirm our analysis and we believe this price weakness will continue for the next 2~4 weeks while traders identify a price bottom and hammer out a momentum base/support level.

Gold is currently down another -1% this week and testing the $1307 level after rotating back to near $1320.  Our analysis continues to suggest price weakness in the Precious Metals markets going forward for at least 2~3 more weeks.  We are expecting the price of Gold to fall below $1290 and ultimately, potentially, test the $1260 level where we believe true support will be found.

If you’ve been following our analysis, you were alerted the day of when we signaled the top as it formed near $1330 and to close out our GDXJ position for a quick 10.5% profit as we had been preparing for this top and rotation for a couple weeks.

This 240-minute Gold chart highlights our Adaptive Fibonacci price modeling system and suggests the $1295~1302 could become immediate support for this current downside price move.

Please take a minute to review some of our most recent research by visiting TheTechnicalTraders.com and to learn why our team of researchers, software developers, and traders provide insight and knowledge that you just can’t get anywhere else on the planet.  The link to our research post, above, highlights our ADL predictive modeling system that is capable of identifying price moves many months in advance. Our most recent US stock market forecast highlights the power and capabilities of our proprietary price modeling tools.  As a member of our newsletter, you gain insights, training, daily market videos and many more resources that will help you identify and execute for greater success in 2019.

Chris Vermeulen
Technical Traders Ltd.

Phishing is one of the most common forms of cybercrime, so if you’re online, you’ve likely been targeted by a phishing attack—and you might not even know it. So what is phishing exactly? It’s the act of collecting personal information—including bank account numbers, passwords, and usernames—through electronic means, such as deceptive email messages and phone calls. According to RSA’s report for the third quarter of 2018, phishing attacks made up 50 percent of cyber attacks this year, and that number is a huge increase from last year. That’s why it’s important to learn what the most common types of phishing attacks are, and how you can reduce your odds of falling for them.

Common Types of Phishing Attacks

Snowshoeing

One type of phishing is called snowshoeing, where scammers send messages to several IP addresses and domains, with the intention of avoiding spam filters. This ensures that at least some of the emails make it to the inbox before the filters start to identify them as spam. This is much like how snowshoes distribute weight evenly over a large area, so you don’t sink into the snow.

Spear Phishing

Another type of phishing is spear phishing, in which the message is targeted toward one person, not just anyone. Spear phishers put their target’s name in the message and try to make it look like it’s coming from a friend or colleague using a spoofed email address. They might get this information from social media, such as LinkedIn. For instance, a spear phishing email might look like it’s coming from the accounting department at work, requesting your bank account number or home address. It might also look like it’s coming from your bank or favorite store, with a link asking you to input sensitive information, such as a password.

Whale Phishing

Whale fishing is a subset of spear phishing, as it targets “big fish,” such as CEOs and board members. After all, these individuals tend to have more information, such as passwords and bank account numbers, than the average person. While it may take longer for scammers to convince these “big fish” to give up personal information, the payoff is usually better than with regular spear phishing because they often get access to personal information from the entire company, not just one person.

Vishing

Vishing is short for “voice phishing,” so as you might guess, it involves the phone rather than email. If someone is vishing you, you’ll get a phone call with a message from a voice that claims to be a bank. It might ask you for your account number, password, or other sensitive information. The message will usually ask you to press a number to talk to a representative, or it will provide you with a phone number to call so you can give them the information. Either way, you might be tricked into giving a scammer enough personal information to have money taken from your account within minutes, making vishing a dangerous attack if you fall for it.

How to Protect Against Phishing Attacks

Now that you know about the most common types of phishing attacks, you can arm yourself with the information you need to ensure you don’t become a victim. Of course, you can expect to occasionally receive emails and phone calls trying to phish for information from you, but you won’t fall for them once you know the telltale signs of phishing attacks.

Look for spelling errors. Many phishing emails contain several misspellings and grammatical errors. This is because they’re not usually crafted by copywriters and then proofread like a legitimate company’s emails tend to be. In addition, it’s common for phishers to live in other countries where English is not the main language, so look for awkward phrasing that makes it clear the writer is not a native English speaker.

Don’t assume you know the sender. Keep in mind that just because a company or individual knows some information about you doesn’t mean it’s legitimate. There are plenty of easy ways for scammers to get your name, address, and phone number. They might even know where you work, and which bank you use. So, don’t be fooled into thinking they’re legitimate just because they know a few facts or claim to be from a company you’re familiar with. And remember that trusted companies won’t call or email you for personal information anyway

Be wary of links and attachments. If you get an email that claims to be from your bank, work, or credit card company, be suspicious of any links in it. First, hover your cursor over the link to check the URL. If it’s real, the website should be spelled right. But even if it looks correct, there’s a chance you’ll be sent to a different website address once you click on it. The same goes for phone numbers, as scammers can spoof numbers to make it seem like they’re calling from a trusted company. And do not open attachments from email addresses you don’t know, since they might contain viruses. So instead of clicking on a link in an email, type the website address into your browser yourself. And instead of answering personal questions when a possible scammer calls you, hang up and call the number you have for the company.

Report suspicious emails and phone calls. Once you realize the email or call you got it a phishing attempt, contact the company the phisher is trying to mimic. So, if it looks like it’s coming from your bank, call your bank to report the phishing attack. Many companies keep track of these and will inform their customers about them to ensure they’re not the next victim.

Smartly trained people are your best defense against risk. Inspired eLearning offers enterprise-level security awareness education and an anti-phishing simulator, PhishProof,  to organizations of all sizes. Contact us today to find out how we can help your workforce stand strong in the face of ever-changing cyber threats.

by JustForex

The US dollar strengthened again relative to a basket of currency majors. Yesterday, the dollar index (#DX) updated monthly highs and closed in the positive zone (+0.46%). Democrats and Republicans in Congress reached an agreement on the construction of a wall on the border with Mexico, which should prevent another shutdown of the US government next weekend. The agreement would provide $1.38 billion for the construction of 55 miles of the wall along the Mexico border. Now the agreement should be approved by both houses of Congress, and then signed by the US President Donald Trump.

The British pound weakened significantly after the publication of weak economic reports. Thus, GDP (q/q) slowed down in the fourth quarter of 2018 to 0.2% from 0.6%, GDP growth (y/y) counted to 1.3%, while experts forecasted 1.4%. The manufacturing production fell by 0.7%, although investors expected a growth rate of 0.2%. Such weak economic statistics are associated with uncertainty concerning Brexit. Only 7 weeks are left until the Brexit, and Prime Minister, Theresa May, hasn’t been able to agree and approve the deal on the conditions for the country’s exit from the block.

The “black gold” prices have been recovering. At the moment, futures for the WTI crude oil are testing $52.75 per barrel. At 23:30 (GMT+2:00), a report on the API weekly crude oil stock will be published.

Market Indicators

Yesterday, there was a variety of trends in the US stock market: #SPY (+0.06%), #DIA (-0.15%), #QQQ (-0.09%).

The 10-year US government bonds yield fell slightly. Currently, the indicator is at the level of 2.66-2.67%.

– JOLTS job openings in the US at 17:00 (GMT+2:00).

We also recommend paying attention to the speeches by the heads of the Bank of England and the Fed.

by JustForex

By Natalia Milchakova, Alpari