Thread: Nzdusd

Gold Holds $1,355 as Uncertainty Grows
Gold bugs were offered a temporary reprieve from having to make a potentially painful break at $1,355. The 2.0 percent drop by the precious metal over the opening 48 hours of the week contradicted the growing financial threat that surrounded Syria as well as the benchmark US dollar’s steady drop.
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Dollar Extends Longest Drop in a Month, Momentum Still Absent
With equities on the rise and the US 10-year Treasury yield easingback from its Taper-driven surge to 3.00 percent, it comes as little surprise that the USDollar suffered its fourth consecutive daily drop. While this is only the longest series of losses in a month, it is all the more remarkable for the fact that it has made serious progress in tracing its way down from the earl-July highs.
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Results of MASTER SCALPER contest

Results of 5 round of “Master Scalper”

Position	Accont Number	Contestant Login	Balance
1	2774475	wored1	2 851.02
2	2774459	Fern	2 080.00
3	2774489	ANDI	1 956.17
4	2774476	sela10	1 745.57
5	2774462	Andoff	1 480.00
6	2774481	jackal	1 426.86
7	2774456	271088	1 425.94
8	2774478	jaju	1 256.65
9	2774252	Grancio	1 245.41
10	2774505	man2forex	1 230.51

Sep 12 2013. 14:30 terminal time – Demo
http://accentforex.com/contest/demo-...calper-contest

GBPJPY
The SSI indicator is a contrarian signal and suggests additional gains may be in store for the British Pound…even if those gains are solely against the US Dollar and Japanese Yen. However, I expect the bullish movement on the Pound if the GBPUSD exchange rate trades up to 1.6000 or if the GBPJPY pair trades up to 161.00.
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Interest Rate

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1.1. By getting a monthly bonus (by loyalty program), you are agree to these rules
1.2. All active real trading accounts are get AccentForex’s bonus in amount of 8% per annum to the current balance.
1.3. All inactive accounts are get AccentForex’s bonus in amount of 2% to the current balance.
1.4. All credited funds are credited to the balance of trade account and are fully accessible for trade and / or withdrawal without any restrictions
1.5. Charges are made on a monthly basis (from 1st to 7th of the month following the reporting period)
1.6. The funds are available for withdrawal to the payment props used by the client for deposit its live account (or in proportional parts – in the case of multiple deposit props)
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Demands for U.S. Durable Goods are expected to contract another 0.2% in August and the slowdown in private sector consumption may drag on the dollar as it limits the Fed’s scope to taper the asset-purchase program at the October 29-30 meeting.
Expectations:
Primary Pair Impact: EURUSD
Expected: -0.2%
Previous: -7.3%
DailyFX Forecast: -1.0% to 1.0%
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GBPUSD:
If the pair breaks the level 1.5960 than bearish movement will start. And to my mind it is better to sell to the 1.5898 level and the next level will be1.5795.
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Results of 5 round of “Master Scalper”
Position Accont Number Contestant Login Balance
1 2775698 Slavka 5 400.15
2 2776362 fax 3 696.79
3 2774459 Fern 2 930.00
4 2774867 Tijnar 1 810.25
5 2774512 betzkie 1 199.62
6 2774252 Grancio 1 181.29
7 2775335 yingyutexun 1 166.64
8 2776763 pollob001 1 150.05
9 2774490 27111974 1 063.24
10 2776767 mbahforex 996.98
Sep 20 2013. 14:00 terminal time – Demo
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USDJPY:
· A Bullish Engulfing candle pattern above trend line support hints at a rebound
· Near-term resistance is at 99.59 (38.2% Fib); break higher targets 100.15 (50% Fib)
· Support is at 98.89 (23.6% Fib); a reversal beneath that eyes the trend line at 97.89

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Both GBPUSD and NZDUSD have enjoyed strong rallies recently and both have flagged into the end of this past week. Technicals offer tempting scenarios of heavy trend or sharp reversal depending on how we interpret them. Adding fundamentals to our checklist can help us better gauge breakout versus follow through. Amongst the myriad of factors that go into determine an exchange rate, there are two key fundamental dynamics that guide the market most of the time. Today's Forex Strategy video explains the importance of risk trends and interest rates using the appealing cable and NZDUSD as examples.
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