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Trading

We publish trading ideas on forex pairs and crypto pairs. The authors combine fundamental factors with technicals to predict potential price movement. Although we can’t guarantee 100% accuracy every time, we are hoping for you to get some fresh trading ideas with our help. Traders can use the ideas for binary options trading and forex trading.

GBP/USD trading - US housing starts - 19 Jul 2017

GBP/USD chart 19 July 2017
5
In June, the Core CPI fell from 2.6% y/y to 2.4% y/y. The total CPI fell from 2.9% y/y to 2.6% y/y vs. the forecast of maintaining unchanged. The retail prices declined from 3.7% y/y to 3.5% y/y, against the expectations of 3.6% y/y. The housing prices showed better than expected, but they also fell: 4.7% y/y versus 5.3% y/y.

GBP/USD trading - Janet Yellen's speech - 12 Jul 2017

GBP/USD chart 12 July 2017
5
The deputy head of BOE Ben Broadbent believes that the trading conditions for England will worsen with the withdrawal from the EU. The pound lost 33 points. Representatives of the Federal Reserve Leonid Breinard and P. Harker spoke out for caution in the rate hikes, but both believe that it is necessary to begin to reduce the Fed's balance sheet and raise the limit of the national debt.

GBP/USD trading - G-20 summit - 07 Jul 2017

GBP/USD trading chart 7 July 2017
5
The break of the upper border 1.2974 of the channel, in which GBP/USD spent most of the week, will lead to the activation of Call option’s buyers with the update at 1.3018. If the pair falls in the first half of the day to support 1.2925, we recommend buying Call options only after an unsuccessful attempt to consolidate below.

GBP/USD trading - US Non-Manufacturing PMI - 06 Jul 2017

GBP/USD trading chart 6 July 2017
5
In the US, the volume of factory orders fell by 0.8% in May. The published minutes showed that members of the committee are ready to continue raising rates even if inflation is below the target level and agreed that the reduction in the Fed's balance sheet will have a limited impact on the markets.

GBP/USD trading - US ISM Manufacturing PMI - 03 Jul 2017

GBP/USD trading chart 3 July 2017
5
In the US, the personal income increased by 0.4% against the forecast of 0.3%. The personal spending increased by the expected 0.1%. The Chicago PMI increased from 59.4 to 65.7 in June, which gives a good precondition for the national ISM Manufacturing PMI to exceed the forecast.

GBP/USD trading - US durable goods orders - 26 Jun 2017

GBP/USD trading chart 26 June 2017
5
So it happens, only PMI indexes were weaker in the US. The Services PMI declined from 53.6 to 53.0, against the expectations of growth to 53.9. The Manufacturing PMI declined from 52.7 to 52.1 against the forecast of 53.1. The new home sales showed 610K against the forecast of 599K.

GBP/USD trading - US existing home sales - 21 June 2017

GBP/USD trading chart 21 June 2017
4.5
In yesterday's speech at breakfast at the Mansion House, Mark Carney said that it isn’t the time to begin the "adjustment" for the rates since it is necessary to take into account the Brexit negotiation process. On these words, the pound collapsed by 80 points in 15 minutes, and by the close of the day, the decline was 106 points.
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