shopify stats

Articles by: Aftab Alimm
Technical and Fundamental Analysts. Start Daily FX Guide since Jan 01, 2012. I am Professional Trader and Analyst. My aim is to provide Professional Forex Knowledge and Advance concept of Fundamentals of Economics and Technical studies. I am also update economic news and technical expected range of instruments.

U.S ISM Non-Manufacturing PMI for Feb, Understanding

March 3, 2016 6:18 pm

Today the US Dollar Index in bearish trend, due to yesterday crude oil inventories. Now recently announced the Challenger Job Cuts (YoY) i.e. measures the change in the number of job cuts announced by employers. Job cuts sub component of NFP,  so the event help us to determine the NFP […]

Read more ›

Today’s Focus on Crude Oil Inventories

March 2, 2016 6:13 pm

Today’s Focus on Crude Oil Inventories except ADP employment change, because the FED Policy Makers focused on inflation, so that the crude oil inventories have high importance.

Read more ›

ISM Manufacturing PMI (Feb) Updates

March 1, 2016 7:01 pm

Today we are expecting that the high importance event ISM Manufacturing PMI (Feb) of U.S will be positive, but not to much. The EURUSD  pair is also under pressure so due to economical reasons the best buying range to near key support level 1.0813.

Read more ›

Canada’s Economy and Q4 GDP

6:25 pm

In the fourth quarter Canada’s economy stalled but stable, so the Canadian Dollar strengthen against the majors in short term basis. Canada’s GDP growth of Q4 is stable as compare overall outlook, so enjoy the selling trade in USDCAD.

Read more ›

EURUSD Under Pressure Outlook for 01 March 2016

February 29, 2016 11:52 pm

Today EURUSD pair was in bearish trend and move lower 1.0858 due to negative eurozone CPI (YoY) of February. Furthermore U.S Pending Home Sales (MoM) (Jan) also negative to -2.5% from 0.9%, so the pair under pressure. As per overall outlook tomorrow pair will move to near resistance level 1.930 […]

Read more ›

US GDP Grew Slower in Q4

February 26, 2016 6:26 pm

Today U.S Commerce Department will announce the GDP report of Fourth Quarter of 2015,  in Q4 the GDP growth slower but better from Q1 to Q3, now the effect is positive for U.S Dollar. Enjoy the Sell Trading in EURUSD.

Read more ›

U.S Policy Makers Worried about Inflation

February 25, 2016 12:12 am

U.S economy is still slowed, but stable and not improve more due to inflation near to zero. If we exclude the energy prices then U.S inflation near to around 1.7% (round figure) but after exclude the major prices of energy. Chair of the Board of Governors of the Federal Reserve […]

Read more ›

Investors Less Attractive for Sterling Pound

February 24, 2016 5:56 pm

Investors less attractive for sterling pound due to the major weakness in recent time period and further chances of downward impact. The biggest opportunity due weak pound for exporters getting pound cheaper and British goods cheaper by trades and also best for tourists. Furthermore, cheaper pound imports more expensive. Important […]

Read more ›

Pound Almost Six Years Low again Dollar

5:37 pm

The pound fell more against dollar, today drop in almost six years low and also lower against the euro. The downward movements by reason UK’s membership of the European Union. London Mayor Boris Johnson’s take the decision to join party to leave the EU,  expectations raised that the results of […]

Read more ›

EURUSD Uptrend Ended Around 1.1034

10:52 am

Today expected range from 1.1034 to 1.0956. So may be uptrended ended around 1.1034, overall bearish trend continue.  

Read more ›