AUD/USD Analysis 31/5/2014

Australian dollar technically is trading in range of 92-94 US cents.Fundamentally speaking  Inflation in Australia increased from 2.7 to 2.9% in 1st quarter of this year, due to increase in inflation rate i forecast Aussie to stay in range or break range on upside.

Back to blogging

Its been long when I last posted on this blog. Lot of things have changed in meantime, when I started this blog I used to trade only GBP/USD . I was new in forex trading, I didnt understand markets much, importance of money management and long term trading were strange concepts to me.. but i was in process of discovery , I was learning fast. Now I am much confident about my trading. I analyse many pairs, I have become more of a fundamental trader.
Things have changed in market as well. FED is tapering it QE program. UK is growing economically but Scotland independence vote is a concern for me, Scotland choice of independence may create panic in British markets. New Zealand is expected to become 1st developed country to raise interest rates but its currency is trading at all time historical highs. will it continue to increase in value? I think it will be stable to lower over long term. Europe on average is growing, its pmi's are in expansion territory, its inflation is low, but production increase will take it higher sooner or latter. china performance hasn't been so impressive lately japan also wants to bring inflation rate to 2%. Interest rate in japan should stay at current levels for long due to its debt/gdp ratio. Increase in interest rates will effect badly on local debt. I am forecasting top ten currencies to stay at stable levels for this year. My recommendation is to buy currencies with higher interest rates, diversify your investments, and don't buy at one price. break your trade in parts and buy at different prices.        

Muhammad Fazil Panhwar 

FORECAST FOR OCTOBER

MY FORECAST FOR OCTOBER CLOSE IS BULLISH.

GBPUSD 9/25/2013

YAHOO STOCK ANALYSIS

yahoo is technology company, listed on NASDAQ stock market.

It isin bullish trend, moving averages are making bullish pattern, there is golden crossover in moving averages 5 and 20.

rsi and bollinger bands are also in bullish pattern.

 

GOOGLE STOCK ANALYSIS 23-9-2013

Google is technology firm listed on NASDAQ Stock Market.
Following is stock analysis of google.
technical studies used in this analysis: TREND ANALYSIS, MOVING AVERAGES, RSI, BOLLINGER BANDS

Google is in bullish trend from 30august 2013, google stock price is above lower, middle bands, lower,middle and upper bands are in upward direction, RSI value is above its mid point, its current value is 62.
Moving average 5 and 20 are in upward direction, moving average 5 and 20 are in golden crossover.

FB ANALYSIS 23-9-2013

Face Book is a social networking site. It is listed on NASDAQ.
Below is my technical analysis of FB stock.
TECHNICAL TECHNIQUES USED IN ANALYSIS: TREND ANALYSIS, MOVING AVERAGES, RSI, BOLLINGER BANDS.

FB is in bullish trend from 15august2013, face books stock price is above middle band. lower,middle and upper bands are in rising in upward direction, RSI is above its midpoint of 50 and currently its 74 conforming strength of stock.  Moving average 5 and 20 are moving in upward direction, Moving average 5 is above 20  moving average.
CONCLUSION: FB price is in bullish trend.
RECOMENDATION: buy this stock.

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