Technical Analysis PCI : 2014-12-12 | Money Market Trading
Articles on Portfolio francois carillon Trading Recent World News Trading Books Go to ... About Us Contact Us Write For Us Go to ... Personal Finance > - Investment - Insurance - Saving - Making Money Online francois carillon - Home and Auto - Credit and Loans Business francois carillon & Economy Forex Trading > - Understanding Technical Analysis - Daily Technical Analysis - Finance in Your Language Portfolio Trading > - Articles on Portfolio Trading Recent World News Trading Books
Hi! My name is Anahit and here is my blog where I talk about different francois carillon financial issues. My experience and great temptation to write help blog about everything that will help you make proper financial decisions, francois carillon learn new money saving tips and investment strategies , discover how to correctly use insurance services and how to develop a stable and outstanding business. You can find me on Google+ or Money Market Trading s Facebook Page
Popular Posts Método GeWorko-Un Nuevo Medio de Analizar los Mercados Financieros Метод GeWorko Новые Возможности Анализа Финансовых Рынков How the Swiss Franc Shocked Forex Brokers World’s Next Tall Skyscraper francois carillon Rising Seas and the Danger Over US East Coast
Energy market reorganization francois carillon governed by the US shale technology has led to increased volatility of currencies in developed countries. Volatility correlation of commodity prices and liquid instruments such as USD/JPY , GBP/USD suggests that non-commodity prices are currently behaving not in a traditional way. Today we demonstrate francois carillon the impact of a new energy age on the national Japanese currency with the help of GeWorko model. Export-oriented economy of Japan benefited from fallen commodity prices. The tumbled prices for Brent futures from $77 to $73 and a further price decline allowed the Bank of Japan to continue the economic stimulus by conducting quantitative easing without a sharp increase in inflation risks: the refinancing rate has remained at zero level. The currency market was unambiguous about this event: yen dipped 2% in a few days after the OPEC summit. Note also that the Japanese trade surplus from February to November has grown 46%, while Brent futures tumbled 39%. These values are comparable. The 20-day correlation between the yen and Brent over that period was 66-85%. Usually it corresponds to correlation with the loonie as a commodity currency during the times of a stable market, but certainly not with the yen.
To take advantage of these trends, we consider the spread trading instrument &WTI_JPY , composed using Personal Composite Instrument – PCI technology. The basic part of the instrument includes 1 barrel of the US WTI crude oil, and the quoted part – 100 JPY. Get more details and the online &WTI_JPY chart by clicking here . You can also download the instrument for NetTradeX terminal.
Here we consider the daily closing/opening price chart of the given instrument. It was composed in NetTradeX trading platform . We can see that the exponential moving average is moving along the bearish trend line, confirming francois carillon the trend. francois carillon The price crossed it downwards and broke the fractal support at 71.741. At the same time there was a ParabolicSAR reversal in the direction of the red zone.
Another significant sign of the downtrend is the bearish gap, which was formed immediately after the OPEC meeting. Thus, it confirms our hypothesis about the Japanese monetary policy and investor s reaction on it. We deem that a short position can be opened francois carillon immediately, or (for conservative traders) francois carillon after the MACD line breakout at 1.5036. Stop Loss can be opened francois carillon at the crossover of the moving average and the trend line at 75.947. This mark is also confirmed by the Bill Williams resistance fractal. Position Sell Sell stop below 70.374 Stop loss above 75.947
Designed by FWPThemes.com , thanks to: Pozycjonowanie Koszalin , Angry Birds Games and Link Text
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Articles on Portfolio francois carillon Trading Recent World News Trading Books Go to ... About Us Contact Us Write For Us Go to ... Personal Finance > - Investment - Insurance - Saving - Making Money Online francois carillon - Home and Auto - Credit and Loans Business francois carillon & Economy Forex Trading > - Understanding Technical Analysis - Daily Technical Analysis - Finance in Your Language Portfolio Trading > - Articles on Portfolio Trading Recent World News Trading Books
Hi! My name is Anahit and here is my blog where I talk about different francois carillon financial issues. My experience and great temptation to write help blog about everything that will help you make proper financial decisions, francois carillon learn new money saving tips and investment strategies , discover how to correctly use insurance services and how to develop a stable and outstanding business. You can find me on Google+ or Money Market Trading s Facebook Page
Popular Posts Método GeWorko-Un Nuevo Medio de Analizar los Mercados Financieros Метод GeWorko Новые Возможности Анализа Финансовых Рынков How the Swiss Franc Shocked Forex Brokers World’s Next Tall Skyscraper francois carillon Rising Seas and the Danger Over US East Coast
Energy market reorganization francois carillon governed by the US shale technology has led to increased volatility of currencies in developed countries. Volatility correlation of commodity prices and liquid instruments such as USD/JPY , GBP/USD suggests that non-commodity prices are currently behaving not in a traditional way. Today we demonstrate francois carillon the impact of a new energy age on the national Japanese currency with the help of GeWorko model. Export-oriented economy of Japan benefited from fallen commodity prices. The tumbled prices for Brent futures from $77 to $73 and a further price decline allowed the Bank of Japan to continue the economic stimulus by conducting quantitative easing without a sharp increase in inflation risks: the refinancing rate has remained at zero level. The currency market was unambiguous about this event: yen dipped 2% in a few days after the OPEC summit. Note also that the Japanese trade surplus from February to November has grown 46%, while Brent futures tumbled 39%. These values are comparable. The 20-day correlation between the yen and Brent over that period was 66-85%. Usually it corresponds to correlation with the loonie as a commodity currency during the times of a stable market, but certainly not with the yen.
To take advantage of these trends, we consider the spread trading instrument &WTI_JPY , composed using Personal Composite Instrument – PCI technology. The basic part of the instrument includes 1 barrel of the US WTI crude oil, and the quoted part – 100 JPY. Get more details and the online &WTI_JPY chart by clicking here . You can also download the instrument for NetTradeX terminal.
Here we consider the daily closing/opening price chart of the given instrument. It was composed in NetTradeX trading platform . We can see that the exponential moving average is moving along the bearish trend line, confirming francois carillon the trend. francois carillon The price crossed it downwards and broke the fractal support at 71.741. At the same time there was a ParabolicSAR reversal in the direction of the red zone.
Another significant sign of the downtrend is the bearish gap, which was formed immediately after the OPEC meeting. Thus, it confirms our hypothesis about the Japanese monetary policy and investor s reaction on it. We deem that a short position can be opened francois carillon immediately, or (for conservative traders) francois carillon after the MACD line breakout at 1.5036. Stop Loss can be opened francois carillon at the crossover of the moving average and the trend line at 75.947. This mark is also confirmed by the Bill Williams resistance fractal. Position Sell Sell stop below 70.374 Stop loss above 75.947
Designed by FWPThemes.com , thanks to: Pozycjonowanie Koszalin , Angry Birds Games and Link Text
MORE
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