Chicago Business Barometer Up 7.1 to 63.0 in April

2014-04-30 13:41:20 – Best Cash Back Forex Rebates : Chicago Business Barometer Up 7.1 to 63.0 in April
Short News Excerpts:

•New Orders and Production Expand Sharply to Highes
t Since October
•Employment Rebounds Amid Increased Orders and Prod
uction
The Chicago Business Barometer increased to 63.0 in
April from 55.9 in March, the
fastest pace of growth for six months, led by sharp
rises in New Orders and
Product…

Risks of Trading Forex :
Successful traders are aware of this risk, and carefully plan their trades in order to minimize the risks to their trading capital. Even with implementing risk management tools, the risks of trading Forex remain substantial.:

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Spain’s recovery gains pace but remains hard sell at home

2014-04-30 13:24:42 – Best Cash Back Forex Rebates : Spain’s recovery gains pace but remains hard sell at home
Forex Daily Report:

Spain’s economy grew at its fastest quarterly pace in six years at the start of 2014, but the government is struggling to persuade voters that a solid recovery is underway as unemployment remains sky high and consumer spending anemic.

Gross domestic product rose 0.4 percent from January to March,…

Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors. Any republication or redistribution of Cabafx.com content is expressly prohibited without the prior written consent of Cabafx.com.Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any
doubts.Any opinions, news, research, analyses, prices or other information contained on this story, by Cabafx.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Cabafx.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.:

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Technical analysis of EUR/USD for April 30, 2014

2014-04-30 12:14:23 – Best Cash Back Forex Rebates : Technical analysis of EUR/USD for April 30, 2014
Forex Daily Report:

1398860044_!EU300414.jpg

When the European market opens, some economic news will be released such as German Retail Sales m/m, French Consumer Spending m/m, Spanish Flash GDP q/q, German Unemployment Change, Italian Monthly Unemployment Rate, CPI Flash Estimate y/y, and Italian Prelim CPI m/m. The US will disclose its ADP Non-Farm Employment Change, Advance GDP q/q, Advance GDP Price Index q/q, Employment Cost Index q/q, Chicago PMI, Crude Oil Inventories, FOMC Statement, and Federal Funds Rate. So amid the reports, EUR/USD will move with low to medium volatility today.

Today’s technical levels:

Breakout BUY Level: 1.3881.

Strong Resistance:1.3872.

Original Resistance: 1.3859.

Inner Sell Area: 1.3846.

Target Inner Area: 1.3813.

Inner Buy Area: 1.3780.

Original Support: 1.3767.

Strong Support: 1.3754.

Breakout SELL Level: 1.3745.

Description:

Today EUR/USD has support and resistance at 1.3767 and 1.3859. The rate is accompanied by strong support at 1.3754 and by 1.3872 as strong resistance. In case EUR/USD breaks out and closes below the 1.3745 level today, it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above the 1.3881 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.3780 and SELL position at 1.3846. In this case both targets should be placed at the level of 1.3813.

Best regards,

Arief Makmur

Official Analyst of InstaForex Group

InstaForex Group
http://instaforex.com

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The material has been provided by InstaForex Company – www.instaforex.com

Risks of Trading Forex :
Like any trading or investment vehicle, there is a high level of financial risk in trading Forex. In particular, the increased amount of leverage offered in the Forex market means that a trader can lose all, or a large portion, of his trading capital if the market makes a significant move against the trader’s position.

Successful traders are aware of this risk, and carefully plan their trades in order to minimize the risks to their trading capital. Even with implementing risk management tools, the risks of trading Forex remain substantial.

There are also specific steps that a trader can take to minimize the risks involved in Forex trading, particularly involving safe ways to use the margin. Calculating the Risk-Reward Ratio is one of the most effective risk management tools in Forex trading. But be aware that Forex trading involves a substantial risk of losses.
:

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AUD/USD – Trying to bounce

2014-04-30 11:55:50 – Best Cash Back Forex Rebates : AUD/USD – Trying to bounce
Daily Report:

AUD/USD is trying to bounce near the support area given by 0.9214 and the rising channel (around 0.9210). A break of the hourly resistance at 0.9317 (28/04/2014 high, see also the declining trendline) is needed to improve the short-term technical structure. Another resistance lies at 0.9378 (22/04…

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Successful traders are aware of this risk, and carefully plan their trades in order to minimize the risks to their trading capital. Even with implementing risk management tools, the risks of trading Forex remain substantial.:

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How to be greedy when others are fearful

2014-04-29 18:59:49 – Best Cash Back Forex Rebates : How to be greedy when others are fearful
Cabafx Daily Forex News:

It’s fair to say that most investors today understand that the global economy runs in boom and bust cycles.

Lately, for example, it seems that whenever a technology startup is bought for billions , be it Instagram , Yammer , Viber , Waze , Tumblr , or Whatsapp , financial analysts predict another…

Risks of Trading Forex :
Successful traders are aware of this risk, and carefully plan their trades in order to minimize the risks to their trading capital. Even with implementing risk management tools, the risks of trading Forex remain substantial.:

Link:

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Shocking revelation by FCA Enforcement Director that spot FX is not regulated in the UK

2014-04-29 18:18:07 – Best Cash Back Forex Rebates : Shocking revelation by FCA Enforcement Director that spot FX is not regulated in the UK
News Headline –

Tracy McDermott has categorically stated that spot FX does not fall under FCA remit, having come to light after it emerged that some of the traders being investigated for FX rate rigging were not registered yet worked for major financial institutions

A great many retail FX firms have invested vas…

Risks of Trading Forex :
There are also specific steps that a trader can take to minimize the risks involved in Forex trading, particularly involving safe ways to use the margin. Calculating the Risk-Reward Ratio is one of the most effective risk management tools in Forex trading. But be aware that Forex trading involves a substantial risk of losses. –

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EUR Positions Wait For Guidance

2014-04-29 13:27:06 – Best Cash Back Forex Rebates : EUR Positions Wait For Guidance
Short News Excerpts:

With no further deterioration in the Russian/Ukraine crisis, coupled with a quiet day ahead in terms of limited economic data being released stateside, only leaves geopolitical factors and the ongoing release of US quarterly earnings news to provide investors and dealers direction in the market. US…

Risks of Trading Forex :
Successful traders are aware of this risk, and carefully plan their trades in order to minimize the risks to their trading capital. Even with implementing risk management tools, the risks of trading Forex remain substantial.:

Source:

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Home-Price Gains in 20 U.S. Cities Cooled in Year Ended February

2014-04-29 13:07:17 – Best Cash Back Forex Rebates : Home-Price Gains in 20 U.S. Cities Cooled in Year Ended February
Forex Market News:

Home prices in 20 U.S. cities rose at a slower pace in the year ended February as the residential real-estate market cooled.

The S&P/Case-Shiller index of property values increased 12.9 percent from February 2013, the smallest 12-month gain since August, after rising 13.2 percent in the year end…

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EUR/NZD analysis for April 29, 2014

2014-04-29 13:04:41 – Best Cash Back Forex Rebates : EUR/NZD analysis for April 29, 2014
Best Forex News:

eurnzddaily29.png

eurnzdh429.png

Overview:

Since our previous
analysis, the EUR/NZD pair has been trading upwards, the price tested and
rejected from the level of 1.6280 on volume above the average. We can observe
that our Fibonacci expansion level 100% at the price of 1.6244 held
successfully, so buying at this stage looks risky. There is an also previous
swing low zone (1.6240), which is another good resistance zone. As we already
wrote in the previous analysis, EUR/NZD is in short- and mid-term bearish
trend, so watch for selling opportunities after retracement. According to the
4H timeframe chart, we can observe that strong supply has entered the market at
at the price of 1.6260, which is a good sign for the further bearish movement.

Daily pivot Fibonacci points:

Resistance levels:

R1: 1.6247

R2: 1.6282

R3: 1.6339

Support levels:

S1: 1.6134

S2 : 1.6099

S3: 1.6043

Trading recommendation: Be careful with buying the EUR/NZD
and watch for selling opportunities.

The material has been provided by InstaForex Company – www.instaforex.com

Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors. Any republication or redistribution of Cabafx.com content is expressly prohibited without the prior written consent of Cabafx.com.Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any
doubts.Any opinions, news, research, analyses, prices or other information contained on this story, by Cabafx.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Cabafx.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.:

Read article here:

https://www.instaforex.com/forex_analysis/44779/