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Introduce Yourself / Re: Daily analysis from instaforex
« Last post by Instaforexbuk on Today at 03:15:52 AM »
Wave analysis of the USD/JPY currency pair for December 13, 2017

Analysis of wave counting:

Only in the second half of yesterday's trading was the USD/JPY pair able to update the previously reached high (113.70) and stabilize at the mark of 113.75. The resulting wave situation makes it possible to assume that the currency pair remains in the formation stage of the increasingly complex form, the 3rd wave, in a, in c, in a, in (C). If this is the case, then in the process of development of the wave structure of this third wave, in a, in c, in a, in (C), the currency pair may continue to rise in the direction of its projected targets located in the range between the levels of 114th and 115 figures.

Targets for a downward wave option:

112.97 - 23.6% by Fibonacci


Targets for an upward wave option:

113.67 - 100.0% by Fibonacci

114.13 - 127.2% by Fibonacci

General conclusions and trading recommendations:

The trading instrument continues to build the upward section of the trend. The assumed wave b, in a, in (C) has completed its construction near the mark of 111.01, which corresponds to 50.0% of Fibonacci. If this assumption is correct, then the increase in quotations will continue with the targets near the marks 113.67 and 114.13, which corresponds to 100.0% and 127.2% of the Fibonacci, within the wave a, in c, in a, in (C).
Introduce Yourself / Re: Wave Analysis by InstaForex
« Last post by InstaForex Gertrude on Yesterday at 11:39:55 PM »
BTC/USD reacting off our selling entry perfectly, remain bearish

Bitcoin has reached our selling area and is reacting off it nicely. We remain bearish looking to sell below 17459 resistance (Fibonacci extension, bearish price action, bearish divergence) for a drop towards at least 14739 support (Fibonacci retracement, horizontal overlap support).

Stochastic (34,5,3) is seeing major resistance below 98% and also displays bearish divergence vs price, signaling that a reversal is impending.

Reason for the trading strategy (fundamentally):

Bitcoin January futures (which are contracts that let investors buy or sell something at a specific price in the future) price are about $17,800 which is rather close to where we forecast major resistance. This is in line with the immediate resistance we're seeing on the technical side so it would be safe to start looking to short Bitcoin for a correction.

Sell below 17459. Stop loss is at 18770. Take profit is at 14739.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Analysis are provided byInstaForex.
Introduce Yourself / Re: Forex News from InstaForex
« Last post by InstaForex Gertrude on Yesterday at 11:13:21 PM »
South Korea Money Supply Growth Accelerates Slightly

South Korea's money supply growth accelerated marginally in October after remaining stable in the previous month, preliminary figures from Bank of Korea showed Wednesday.

M2, a broad measure of money supply climbed 4.7 percent year-over-year in October, just above the 4.6 percent rise in the prior month.

On a monthly basis, M2 money supply rose 0.8 percent in October, following a 0.2 percent increase in September.

The annual growth in liquidity moderated to 6.0 percent in October from 6.7 percent a month ago.

Liquidity of financial institutions grew at a stable rate of 5.9 percent yearly in October.

News are provided byInstaForex.
Introduce Yourself / Re: Forex News from InstaForex
« Last post by InstaForex Gertrude on Yesterday at 10:37:23 PM »
Bitcoin Scales New Record High in Rally Towards $20, 000

The digital currency Bitcoin reached another record peak on Tuesday, two days after the debut of the bitcoin futures on a U.S. exchange and before the launch of another futures contract next week, raising investors' hope that the Bitcoin is nearing the $20, 000 mark.

On Sunday, Cboe Global Markets introduced bitcoin futures, allowing investors to experience trading with the cryptocurrency through a large, regulated exchange. On December 17, CME Group is expected to launch its own futures contract.

The biggest cryptocurrency in the world was priced at $17, 310 on Bitstamp exchange, up 5.1 percent on the day. Early on Tuesday, bitcoin rose to a record high of $17, 428.42, recording an almost 20-fold rise in its value for the year as it attracted millions of new investors.

However, as bitcoin hit a new record, digital currency exchange operators Coinbase and Bitfinex reported issues with service via their website, causing problems for traders looking to lock in their profits on the latest gains in the value of bitcoin and other cryptocurrencies.

Meanwhile, the one-month bitcoin futures on Cboe Futures Exchange traded slightly tepid, with prices generally stead and volumes around a third of those seen on Monday. Bitcoin futures due on January traded at $18, 450 with around 1,416 contracts traded.

Prime News are provided byInstaForex.
Introduce Yourself / Re: Daily analysis from instaforex
« Last post by Instaforexbuk on Yesterday at 03:38:03 AM »
Fundamental Analysis of GBP/USD for December 12, 2017

GBP/USD is currently quite bearish in nature having strong rejection of the bulls yesterday by bouncing off the weekend gap created in the market. This week, both central banks in the UK and the US are holding policy meetings. The US Fed is widely expected to increase its funds rate to 1.50% from the previous value of 1.25%. Next day, the Bnak of England is going to announce its policy decision, so the key interest rate is expected to remain unchanged at 0.50%. By the end of this week, a good amount of volatility is expected along with a directional bias of the market. This should be analized to track the upcoming direction in this pair. Today, the UK CPI report is going to be published which is expected to be unchanged at 3.0%, PPI Input report is expected to increase to 1.6% from the previous value of 1.0%, RPI report is expected to show a slight increase to 4.1% from the previous value of 4.0%, Core CPI is expected to be unchanged at 2.7%, HPI report is expected to decrease to 5.2% from the previous value of 5.4%, and PPI Output is expected to be unchanged at 0.2%. On the USD side, today the US PPI report is going to be published which is expected to be unchanged at 0.4%, Core PPI report is expected to decrease to 0.2% from the previous value of 0.4%, and NFIB Small Business Index report is expected to increase to 104.6 from the previous figure of 103.8. As for the current scenario, the pair is already quite volatile but with the upcoming high impact economic events and reports, the pair is expected to get a directional bias which is most likely to be on the USD side, taking the price much lower in the coming days. Now let us look at the technical chart. The price is currently showing some bearish pressure off the dynamic level of 20 EMA above the support area of 1.33. The price is expected to break below 1.33 to reach the lower support area of 1.31 area in the coming days. The rate rike decision on Wednesday opens doors for the USD to gain more momentum. As the price remains below 1.35, the bearish bias is expected to continue further.

Read more:
Introduce Yourself / Re: Wave Analysis by InstaForex
« Last post by InstaForex Gertrude on December 11, 2017, 10:52:57 PM »
Pound fled from politics

A busy economic calendar and the departure of political risks into obscurity allows us to hope for the return of investors in actively trading the pound. Semiannual negotiations between London and Brussels, judging by the statements of the latter, were completed successfully, which makes it necessary to shift attention to macroeconomic data. In general, there is plenty of data at the beginning of the second week of the month for the UK. Inflation, the labor market, retail sales and the meeting of the Bank of England will satisfy even the highest demands of trade analysts on the news.

The fall of sterling in response to positive news from the negotiation table on Brexit has become a classic example of the implementation of the principle of "buy on the rumor, sell on the facts." Traders sold the GBP/USD quotes on the factor of harmonizing the conditions of the divorce between Britain and the EU, and the message that the round-the-clock work was over and the issue of the Irish border was resolved. This launched a wave of selling against the backdrop of profit taking. Moreover, popular media referring to competent sources reported that the trade deal before the spring of 2018 will not be achieved. However, the bridgehead is laid, and the bulls on sterling, including Nomura and ING, believe that the reduction of political risks of the UK will push the GBP/USD pair in the direction of 1.4 in 2018 and 1.36 in the near future.

On the contrary, "bears" criticize the agreement that was reached, blaming it for lack of details, and referred to the futures market, where the value of options to sell sterling is higher than the purchase. Derivatives are used for risk insurance, and the current dynamics of an indicator such as the risk of reversal (the ratio of premiums on call and put), indicates that investors still fear the sterling's collapse.

Dynamics of the ratio of premiums on options

Source: Bloomberg.

On the other hand, speculators in the futures market held a net long position on the pound for 6 of the last 10 weeks, although before that they acted as net sellers for 98 five-day consecutive days.

Lately, there have been too many news with political coloring, and it's time for the sterling to turn its focus on the economy. In general, the outlook for upcoming releases is moderately positive. Bloomberg experts do not expect inflation to exceed the critical level of 3%, while the acceleration of average wages from 2.2% to 2.5% y/y. In addition to that, the exit from the negative territory of retail sales inspires optimism for bulls in the GBP/USD pair. Moreover, it is beneficial for the Bank of England to maintain a strong pound with the help of "hawkish" rhetoric, and the dollar cannot take advantage of strong data on the US.

It is possible that the growth of the fiscal deficit as a result of the implementation of the tax reform, the reluctance of Donald Trump to see the US currency strong and the recovery of the economies of the competing countries will force the USD index to restore the downward trend in 2018.

Technically, the GBP/USD pair is preparing to retest the upper bound of the previous consolidation range at 1.304-1.332. Assuming that it, like the previous one, ends with the defeat of the "bears", the likelihood of a restoration of the uptrend in the sterling will then increase.

GBP/USD, daily chart

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Analysis are provided byInstaForex.
Introduce Yourself / Re: Forex News from InstaForex
« Last post by InstaForex Gertrude on December 11, 2017, 10:14:33 PM »
Canadian Dollar Little Changed Ahead of Fed Meeting, Poloz Speech

The Canadian dollar was nearly flat versus the US currency as investors turned their focus on this week's Federal Reserve interest rate hike decision as well as a speech by Bank of Canada Governor Stephen Poloz.

The loonie fell 1.3 percent the previous week after the central bank delivered a more dovish tone than investors had anticipated. The Bank of Canada kept its benchmark interest rate at one percent.

The Canadian central bank is concerned about a number of uncertainties that could impact the nation's economy, which includes renegotiations on the North American Free Trade Agreement.

NAFTA talks convene in Washington next week for a limited round of negotiations aimed at demonstrating progress toward closing easier chapters.

The U.S. central bank is widely expected to hike interest rates at its two-day policy meeting, and is seen possibly tightening rates two or three times next year.

The Canadian dollar traded in a narrow range of C$1.2832 to C$1.2868. On Friday, it reached its weakest level in a week, at C$1.2880.

According to U.S. Commodity Futures Trading Commission data and Reuters calculations, speculators reduced bullish wagers on the Canadian currency.

Canadian government bond prices were lower across much of a flatter yield curve, with the two-year off by 1.5 Canadian cents to yield 1.512 percent and the 10-year dropping 1 Canadian cent to yield 1.862 percent.

The gap between Canada's two-year yield and its U.S. equivalent widened by 1.5 basis points to a spread of -31.1 basis points.

Prime News are provided byInstaForex.
Introduce Yourself / Re: Forex News from InstaForex
« Last post by InstaForex Gertrude on December 11, 2017, 08:55:23 PM »
Australia Q3 House Prices Ease 0.2% On Quarter

Residential property prices in Australia fell 0.2 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Tuesday.

That missed forecasts for a gain of 0.5 percent following the 1.9 percent jump in the previous three months.

On a yearly basis, house prices were up 8.3 percent - again missing forecasts for 8.8 percent and down from 10.2 percent in the three months prior. The capital city residential property price indexes fell in Sydney (-1.4 percent), Perth (-1.0 percent), Darwin (-2.6 percent) and Canberra (-0.2 percent) and rose in Melbourne (+1.1 percent), Brisbane (+0.7 percent), Adelaide (+0.7 percent) and Hobart (+3.4 percent).

Annually, residential property prices rose in Hobart (+13.8 percent), Melbourne (+13.2 percent), Sydney (+9.4 percent), Canberra (+6.9 percent), Adelaide (+4.8 percent) and Brisbane (+3.5 percent) and fell in Darwin (-6.3 percent) and Perth (-2.4 percent).

"The fall in Sydney property prices this quarter was consistent with market indicators," said ABS Chief Economist Bruce Hockman.

The total value of residential dwellings in Australia was A$6.779 trillion at the end of the September quarter, rising A$14.843 billion over the quarter.

The mean price of residential dwellings fell A$1,200 to A$681,100 and the number of residential dwellings rose by 40,200 to 9,954,100 in Q3.

Also on Tuesday, the latest survey from National Australia Bank showed that consumer confidence in Australia slowed in November with an index score of +6.

That's down from the upwardly revised +9 in October (originally +8).

Business conditions also slowed in November with index coming in at a score of +12, down sharply from +21 in the previous month.

News are provided byInstaForex.
Introduce Yourself / Nigerian pharmaceutical digital marketing and social media
« Last post by chikito on December 11, 2017, 05:47:54 AM »
Nigerian pharmaceutical digital marketing and social media service provider AdHang is a healthcare communications agency with expertise in medical and healthcare digital marketing. This post is created to enable pharmaceutical companies find out how AdHang can help. Whether pharmaceutical products are prescriptions or over the counter products, AdHang has pharmaceutical digital marketing and social media solutions in Nigeria to achieve the marketing objectives and goals.

Before I list the objectives AdHang can help your company achieve. If this is the first time of coming across the agency AdHang.  AdHang is the first internet public enlightenment agency in Africa,  a world-class, Africa’s based digital marketing and social media  agency, manned by optimization and targeting experts in the digital and social media marketing industry, armed with the very best and most advanced, comprehensive and robust set of technologies and tools. AdHang using its over ten years experience in digital marketing across Africa has helped many pharmaceutical products dealers across the globe to reach Nigerian health care marketplace.

There are numerous pharmaceutical digital marketing and social media objectives AdHang can help you achieve when hired. Listed below are some of the objectives:

1. Create your pharmaceutical brand awareness across Nigeria.
2. Stimulate the company’s pharmaceutical brands demand across Nigeria.
4. Educating doctors, pharmacists, wholesalers and distributors about your brand.
5. Establish your pharmaceutical brand as a leader and trusted source.
6. Inform - raising awareness of the brand’s solutions and establishing a competitive advantage in the Nigerian pharmaceutical sector.
7. Persuade – generating response (driving sales, distributors signups, pharmaceutical stores buying, etc.)
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The list can go on and on, depends on what is important to the company at any momenportant to the company at any moment.

Nigerian pharmaceutical digital marketing and social media service provider AdHang understands that digital marketing and social media of pharmaceutical products are different from other types of products and services as there are series of rules and regulations to maintain from online platforms, regulatory bodies such as NAFDAC, FDA, among others.  AdHang the one and only pharmaceutical digital marketing and social media agency located in Nigeria has the experience, professionals, strategic and tactical approach to enlighten and engage millions of Nigerian buyers and potential customers all over the Nigerian states.  AdHang will plan all the digital marketing and social media creative works, create adverts:  create all the digital advertising tools such as online banners,  advertising articles, email marketing, headlines, info-graph,  demo and explainer videos, online presentations, contextual ads and many more.

For complete approach and steps AdHang takes to carry out Nigeria pharmaceutical digital marketing and social media service, visit

The first Nigerian pharmaceutical internet digital marketing and online social media service provider.
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Professional Social media managers in Nigeria ready for hire from  AdHang can help your organization do many things (depending on the needs of your organization at any given moment), some of the professional works the managers can help you do are: planning the social media campaigns from the beginning to the end, creating sponsored advert, writing effective words, creating exemplifying images, managing adverts, designing fanpage, creating videos, signup in multiple social media sites (not just popular ones), create case studies, preparing online presentations, posting contents, moderating and deleting spamming posts and many more.

With over ten years experience in social media management in Nigeria and around Africa, Professional Social media managers in Nigeria,  AdHang  is a game changing opportunity to effectively position your organization in Nigeria, Africa and across the world. Because AdHang has the tools, professionals and advanced technologies to effectively communicate to your audience and achieve the organization’s objectives and goals.

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The Professional Social media managers in Nigeria ready for hire from AdHang
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