Trading Reports
 
News
14 / February / 2020 Dear investors and partners of AblyTrade Forex Club. Valentine's day - for many it is a warm and atmospheric holiday, an additional reason to Express sympathy to your loved ones.
Let your life be full of joyful and pleasant events, romantic and inspired adventures. We wish everyone to enjoy this day from the heart in the circle of close people and bask in the warm embrace of their loved ones.
For our part, we will try to provide decent financial support, providing each partner with the most convenient and favorable conditions for investment.
Best regards, the AblyTrade Forex Club!
10 / February / 2020 USD/JPY: Sour outlook USD/JPY is hovering in the 109.70/80 region after Japan released mixed economic data. Technically, the pair is neutral in the short-term, according to Chief analyst at Ably Trade Forex Club Jannet Bednork.
KEY QUOTES
“Japanese data released at the beginning of the day was mixed, as the January Eco Watchers Survey on the current situation came in at 41.9, beating the market’s expectations, although the survey on the outlook deteriorated to 41.8. The December Trade Balance printed a surplus of ¥120.7B, recovering from a ¥-2.5B in the previous month, although the Current Account surplus contracted to ¥524B.”
“The USD/JPY pair is neutral in the short-term, as, in the 4-hour chart, it is above its larger moving averages, but unable to surpass an also flat 20 SMA. A recovery seems unlikely, with sellers aligned around the 110.00 figure.”
“Support levels: 109.40 109.00 Resistance levels: 110.00 110.35”
30 / January / 2020 Recent Forex News: Asian Markets, Brexit and Eurozone. Only the laziest would not speak about coronavirus that made Asian markets the real outsiders of the end of January. The 30th January is not an exception – still new deaths are announced, yen, yuan and Asian safe-haven gold are in danger. As a result of the current situation, today yuan was notable with the lowest trading level (7-key) in comparison with the American dollar. But experts expect that Chinese national currency will demonstrate a clear-cut ascendancy soon.
This day is also notable with the proven fact of Britain’s withdrawal from the bloc. Traders are waiting when all final formalities come to an end. The start of the 1-year transition period for the UK will bring new changes in the world exchange markets.
One more Eurozone headline to take into consideration is German CPI that is almost ready to be announced. Consumer Price Index of Germany will be counted up to the EU-wide statistics that are coming tomorrow (January, the 31st). Insiders are said that the decrease in the CPI in Germany will be stated on Friday. According to the preliminary figures, the German Consumer Price Index has tumbled to 105.2 points (it is 0.6 points fewer than in December 2019).
News Archive