FtradeFXArabic

FtradeFXArabic Updated  Oct 4, 2024

Introduction The EUR/NZD currency pair represents the exchange rate between the Euro and the New Zealand Dollar. Shorting this pair implies betting on the Euro weakening relative to the New Zealand Dollar. This report outlines professional reasons to short EURNZD to target 1.75, based on recent technical and fundamental analyses. Technical Analysis Downtrend...

FtradeFXArabic Updated  Sep 9, 2024

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Trading involves risk. Always conduct your own research or consult with a financial advisor before making investment decisions. The AUDNZD pair is exhibiting a compelling bearish setup, suggesting a potential opportunity for short-term traders. A confluence of...

FtradeFXArabic Updated  Sep 5, 2024

Dive into our latest analysis of the USD/JPY currency pair as we explore the intricate dynamics influencing its movement. Uncover the impact of recent economic data, central bank policies, and geopolitical events on this pivotal exchange rate. Gain insights into potential market trends and strategies to navigate the fluctuations in one of the forex market's most...

FtradeFXArabic Updated  Aug 29, 2024

The release of Australia's CPI index on the upcoming Wednesday, July 31st, is anticipated to have a significant impact on the foreign exchange market. Specifically, a negative CPI figure is likely to weaken the Australian Dollar, thereby strengthening the EUR/AUD currency pair. Traders may consider selling this pair from clearly defined resistance levels above the...

FtradeFXArabic Aug 4, 2024

In the world of forex trading, going long on USDCHF presents a strategic advantage for savvy investors. The USDCHF currency pair represents the United States Dollar and the Swiss Franc, two of the world's most stable and reliable currencies. Going long, or buying with the expectation that the USD will strengthen against the CHF, is a strategy that requires careful...

FtradeFXArabic Jul 31, 2024

Fundamental Analysis Economic and Geopolitical Factors Interest Rate Differentials: The Bank of England (BoE) is set to raise rates to 4.75% as inflation remains high, while the Swiss National Bank (SNB) has recently cut interest rates and may continue to loosen monetary policy . This interest rate differential favors the British Pound over the Swiss Franc,...

FtradeFXArabic Updated  Jul 31, 2024

Here are some potential rationales to consider: Diverging Monetary Policies: The Bank of England (BoE) and the Swiss National Bank (SNB) have historically maintained different monetary policy stances. If there's a significant divergence in interest rate policies, with the BoE adopting a more dovish stance compared to the SNB, it could weaken the GBP relative to...

FtradeFXArabic Jul 25, 2024

1. Economic Calendar: The economic calendar provides valuable information about upcoming economic events and data releases that can impact currency pairs like AUD/CHF . By staying informed about these events, traders can anticipate potential market movements and make more informed trading decisions. 2. Macroeconomic Data: Macroeconomic data, such as GDP,...

FtradeFXArabic Jul 25, 2024

Introduction: In the complex world of Forex trading, one of the most intriguing currency pairs to consider is the EUR/JPY. As a Smart Assistant, I am here to provide you with a compelling argument as to why going long on EUR/JPY might be a lucrative trade opportunity. While it's important to conduct thorough research and analysis before making any trading...

FtradeFXArabic Jul 25, 2024

There could be several rational reasons to consider a long position on the GBP/JPY currency pair, targeting a value of 204.36. However, it's important to note that these are hypothetical scenarios and should not be considered as financial advice. Always conduct your own thorough research and consider consulting with a financial advisor before making trading...

FtradeFXArabic Updated  Jul 24, 2024

Technical Factors Chart Patterns: Bearish chart patterns such as head and shoulders, double tops, or descending triangles can signal potential downside in EURJPY. Technical Indicators: Overbought conditions on oscillators like RSI or Stochastic can indicate a potential reversal. Conversely, bearish divergences between price and indicators can also be a bearish...

FtradeFXArabic Jul 24, 2024

Technical Outlook: According to the technical outlook for CADJPY, the current trend is bullish, and the sentiment is oversold based on the 7-period RSI indicator . The market is approaching a significant support area at 115.742, which indicates a highly probable bullish movement . Another technical analysis suggests that CADJPY is very bullish . However, it's...

FtradeFXArabic Jul 24, 2024

Going Long on AUDJPY Going long on the AUDJPY pair means that you expect the Australian Dollar (AUD) to rise in value against the Japanese Yen (JPY). Here are some reasons why you might consider this position: Economic Strength of Australia: If Australia's economy is performing well, this could strengthen the AUD. Factors to consider include GDP growth,...

FtradeFXArabic Jul 24, 2024

Technical Analysis Technical analysis also supports a long position in NZD/JPY: Market Bottom Formation: Recent technical analysis indicates that the short-term downtrend has halted, and the price is starting to create a market bottom. A recent market high has been broken, suggesting a potential bull run . Key Structure Levels: The pair is about to retest a key...

FtradeFXArabic Jul 23, 2024

Once upon a time, in the world of Forex, there was a currency pair named USDJPY. It was a tumultuous relationship, filled with ups and downs, highs and lows. But recently, things had been going south. The USD was losing its strength, and the JPY was gaining ground. It was a nightmare for those who had long positions on USDJPY. But then, something happened. The US...

FtradeFXArabic Jul 23, 2024

I've always wanted to be a part of a thrilling Kiwi-Swiss adventure, and what's more thrilling than a 0.55 target? 1. Risk-On Sentiment and Economic Recovery The New Zealand Dollar (NZD) is often considered a risk-correlated currency, meaning it tends to perform well during periods of global economic optimism and growth. As the global economy shows signs of...

FtradeFXArabic Updated  Jul 23, 2024

Fundamental Reasons: Diverging Monetary Policies: A significant factor influencing currency pairs is the divergence in monetary policies between the two countries. If the Reserve Bank of New Zealand (RBNZ) adopts a more dovish stance compared to the Bank of Japan (BoJ), it could weaken the NZD relative to the JPY. Commodity Prices: As a commodity-driven economy,...

FtradeFXArabic Updated  Jul 22, 2024

Rationale for a Short GBP/CAD Position A short GBP/CAD position might be considered under the following conditions: Diverging Monetary Policies: If the Bank of England adopts a more dovish stance compared to the Bank of Canada, it could weaken the GBP relative to the CAD. Weakening UK Economic Outlook: A slowdown in the UK economy, or a deterioration in economic...