Forex and others markets: ноября 2013

AUDUSD: Investment Decline Presses Aussie

The investments in Australia's mining sector seems to be declining, thereby creating more problems for the Australian economy. According to experts, the country's mining sector has shifted from the investment stage to the production stage.

Apparently, lower commodity prices along with higher expenses deteriorate the investment environment. This leads to fewer investment projects in the mining sector.

The project completed over the last 12 months have increased the mining capacity and are able to supply bigger export volumes in the future. Therefore, there is less need in more mining projects at this point.

Forex

According to Masterforex-V Academy, the Australian Dollar keeps weakening against the US Dollar. The experts report that AUDUSD is forming wave 3/С inside a bigger-scale upswing represented by a wave of level Weekly.

A further downswing below the 0.9087 low will probably give way to 0.9080, 0.9161/41, 0.8993, 0.8965/53. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 0.9202. (as shown below).

NZDUSD: ANZ's Report on New Zealand Reassures Investors

The New Zealand Dollar is weakening under the influence of external factors, ANZ experts assume. In general, the domestic economic figures are pretty strong, which should ensure the strengthening of the nation la currency.

According to the results of the survey conducted by ANZ, the share of the respondents that anticipate an improvement in the local business conditions within 12 months increased up to 60,5% in November. According to the survey conducted a month before, the figures were around 53,2%. Investors always watch the data since they reflect the current state of affairs in the New Zealand industry.

Talking about the near-term prospects, the experts assume the currency is about to stay in the range or to show a slight increase against the US Dollar.

According to Masterforex-V Academy, the New Zealand Dollar keeps weakening against the US Dollar. The experts report that NZDUSD is forming wave 3/С inside a bigger-scale upswing represented by a wave of level Weekly.

A further downswing will probably give way to 0.8089/78, 0.8056, 0.8034/15 . The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 0.8210. (as shown below).

Million Into Skilled Hands 2 by Forex Trend. Contest Leaders Double Up

They say independence requires confidence while dependence requires hope. As a rule, successful people belong to the former while most of people unfortunately belong to the latter. Common people are constantly facing various obstacles and deterrents, including the dependency on the boss, constant income-related headaches, inflation, endless bills to be paid in time. Sometimes, bosses abuse their subordinates, forcing them to work overtime so as to not lose the promised premium or bounty.

Alpari: Aluminum Futures and Alcoa's Stock – Promising Investment Assets

A broker's ability to determine assets for profitable investing is one of the key factors when considering the consistency of its analytic department. This aspect of broker activities is getting increasingly popular since more brokers start giving their own predictions and analytic outlooks to help their clients earn more money in the long run, simultaneously helping them make more decent trading and investment decisions. Forex brokers start giving their predictions on stocks, indices and commodities without limiting themselves to currencies.

Alpari is one of such companies. Alpari is a heavyweight in the international Forex arena. It can boast one of the best analytic teams in the industry. Today, those guys will share with us some of their promising investments…

ZTE Is Ready to Start Producing a Low-Cost Smart Watch

ZTE is reported to be planning to start the production of its own smart watch in the near future. Market Leader reports that the devices may come into market in Q2 2014.

According to the official representatives of ZTE, the smart watch will be able to make rival to Galaxy Gear. Still, the major benefit will be the lower cost of ZTE's device.

If the sales are successful in the domestic (Chinese) market, the company will definitely start the sales in the EU and the USA.

The device will probably be compatible only with ZTE smartphones. However, the developers assure us that the smart watch will become compatible with all Android- powered mobile devices in the near future.

Meanwhile, the company’s stock is consolidating after a major rally. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of ZTCOY:

Hewlett Packard Shows Amazingly High Sales

Hewlett Packard's stock gained 7% after the company published a quarterly sales report. This report reassured investors, simultaneously making them more loyal towards the company’s anti-crisis plan.

According to Market Leader, several market analysts had anticipated much poorer financial performance. In Q4, HP’s net profit reached $1,414bn or 73 cents per share. In 2012, it was a 6,85bn loss! Therefore, the financial performance has improved drastically since then.

Meanwhile, the company’s stock is consolidating after a major rally. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of HPQ:

Acer to Start Selling Chromebooks in December

Western sources report that Acer, a major manufacturer of computer electronics, is about to start the sales of its chromebook called Acer C720P. The sales will start in December. This will be the first such device with a 11-6-inch touchscreen form the Taiwanese vendor.

The device is reported to be powered by Intel Celeron 2955U (the Haswell series). The dual core CPU will be energy-saving in order to ensure more hours of standalone work (up to 7,5hrs). It will also have an SSD from 32Gb to 100Gb of storage capacity.

Meanwhile, Acer's stock is still depreciating. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of Acer’s stock:

British Gamers Welcome PlayStation 4

On November 15th, Sony started the US sales of the long awaited game console called PlayStation 4. Now, it is the UK's turn to welcome PlayStation 4. On Friday, British users will be able to purchase the game console. However, this will be only those who preordered the console until August. Those who preordered it after August, will have to wait for the shipment until the Christmas.

At this point, you can purchase PS4 in London if you are ready to wait for endless hours in long lines inside and outside local stores.

It is interesting to note that the stores will be serving pizza and hot drinks to help the fans standing in the line to survive the challenge.

The standard version of PS4 costs 349 pounds (or 569 dollars) in London. As for the US sales, the company managed to sell over 1 million consoles within the first 24 hours. The British sales also promise to be breathtaking as well.

Meanwhile, Sony's stock is still depreciating. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of SNE:

American Sculptor Creates Robot Girl For Apple Gadgets

Mark Ricchi, an American sculptor, has recently created an unusual doc-station for Apple devices. It is called Robot Girl since it resembles a beautiful robot girl. The devices are connected via Bluetooth, that is why the doc-station is compatible with non-Apple devices as well.

The doc-station is available at eBay. The starting price is $6500. The youtube video below shows how the girl is rotating and shining from inside.

Experts say that the gadget will be a success in the long run despite being relatively expensive. Meanwhile, Apple's stock is consolidating after another upswing. The local high is exceeded at this point. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:

Lumia 525 – Successor of Lumia 520

On November 27th, Nokia officially announced a new low-cost smartphones Lumia 525 – the successor of Lumia 520. The event took place in Singapore. This is the new version of the most popular Windows-powered smartphone.

Both the devices (Lumia 525 and Lumia 520) looks almost identical. The hardware specifications have only fe key differences.

Lumia 525 will get a 5-megapixel camera without a flash and shooting HD video. Also, the devices will be equipped with a 4-inch WVGA-display (800 * 400 pixels), a dual-core CPU 1GHz - Qualcomm Snapdragon, and 1Gb of RAM along with 8Gb of external memory.

The biggest difference between the two models is the fact that the latest one will get doubled RAM Gb instead 520Mb. The device will cost some $200.

Meanwhile, Nokia's stock has been gaining value since it announced the decision to sell its mobile business to Microsoft. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of NOK:

Apple to Introduce MaxiPad In Spring 2014

According to several unofficial sources, Apple is planning to introduce another device in spring 2014. At this point, the tech giant is planning to create a new tablet with a wider screen –some 12,9 inches.

At this point the device is said to be called MaxiPad. The production of the new tablet is expected to start in the second quarter of 2014. It seems like Apple has postponed the production of iWatch once again. The sources say that the production of smart watches will start in the second half of 2014.

The sources also assume that MaxiPad will be produced by Quanta Computer, the biggest ODM manufacturer of laptops. It is not accidental since the new devices will be closer to laptops than other iPads.

Meanwhile, Apple’s stock is appreciating and coming closer to the local high. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:

Sugar Market Outlook

The price of the sugar futures is still declining. At this point, sugar is trading around 17,3 cents per pound, Market Leader reports.

Meanwhile, neither the tough harvesting campaign in India, nor other factors can stop the decline caused by oversupply. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of sugar:

Nokia May Continue Manufacturing Mobile Devices

As you know, Nokia will be forced to leave the international market of mobile devices in 2014 since it sold its mobile business to Microsoft. Still, not so long ag, Nokia stated that it may continue manufacturing some devices used to connect people.

Still, the CEO of Nokia say the sale of the mobile business was cussed by some major difficulties in the company. Still, this doesn't mean Nokia is done with making devices. Smartphones are not the only devices that can be made to connect people. At this point, the company is looking for fresh ideas.

Meanwhile, the company's stock is retracing a bit after a strong rally caused by the sale of its mobile business to Microsoft. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of NOK:

HTC Introduces Gold HTC One

A couple of days ago, HTC introduced a new version of its famous smartphone called HTC One. This time the devices has a golden-painted body. The body isn't actually made of gold. The body is just pained gold.

The hardware specifications of the new devices are the same: a 4,7-inch Full HD screen, a quad-core processor – Qualcomm Snapdragon 600 (1,7GHz), 2Gb of RAM, and 32 or 64 Gigs of external memory. The devices is also equipped with NFC, Bluetooth 4.0 и Wi-Fi 802.11a/ac/b/g/n and powered by the latest version of Android.

The recommended sales price is 625 euro. The device is also available in black, silver, blue and red.

Meanwhile, Strategy Analytics reports that the overall sales of smartphones reached the all-time high of 251,4 million devices in Q3 2013.

Official Release of Vivo Xplay 3S Will Take Place on Dec 12th

BBK Electronics, a Chinese company involved in manufacturing computer electronics, is about to introduce a new mobile device. It is called Vivo Xplay 3S. Experts say the devices will be able to make rival to Apple devices, simultaneously winning a big share in the domestic (chinese) market of mobile devices.

Vivo Xplay 3S

Is positioned as the world's first device that has a screen with the 2560 х 1440 resolution! Some Asian sources report that the release is scheduled for December 12^th. Apart form having a high-resolution screen, the devices will get a powerful processor (Snapdragon 800), a 4G module and 3Gb of RAM.

At this point, experts assume that the mobile device is unlikely to come outside of the Chinese market in the near future.

It should be noted that Apple chose China as the first market to introduce its devices since the corporation considers China to be the biggest and most promising market in the world.

Meanwhile, the company's stock is consolidating a bit after a strong rally. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:

Crude Oil Market Outlook

The price of the WTI oil futures keeps fluctuating within the 93,5-96 range, Market Leader reports.

The agreement on the Iranian nuclear program concluded in Geneva didn't cause a major impact on WTI oil prices in the short run. According to the Commodity Trading Department of Masterforex-V Academy, Iran's oil supplies will be played out in mid-term perspective, when the Iranian oil actual comes into market.

GBPUSD Mid-Term Prospects

According to Masterforex-V Academy, the D1 wave started by GBPUSD at 1,5853 is completed. A break out of the 1,5853 - 1,6071 sloping channel confirms that. The mentioned way is a part of bigger-scale move – a(C )/C of level Weekly 1 or 2.

At this point, the actual retracement Fibo grid is built on top of wave D1 (1,5853 - 1,6239). At this point, the price has touched 23%.

The downward targets are:

1,6092 – 38%;
1,6046 – 50%;
1,6000 – 62%.

The downward move has wave A H2 inside. The borders are 1,6239-1,6132. The given wave is the starting point for the mid-term trend.

US Dollar Mid-Term Prospects

According to Masterforex-V Academy, there is a retracement going on against wave A of level Daily2 with the borders at 79.021 and 81,500. The retracement Fibo grid is still actual.

The price has already reached 38%, thereby indicating the making of wave A H8 (81,500 – 80,520) as well as the flattish zone. The starting point for the bearish move is the top of wave B H8 =76% = 81,290.

At this point, there is a bearish move - a(C )/ C of H8 or higher. It contains sub-wave ABC patterns. The second starting point is 81,120. Pivot 2 os located a fe points below it – 81,015.

The mentioned pivot 2 and several sloping channels (81,500 - 81,290 and 81,290 - 81,020.) are defending the bearish move.

The closest bearish target is 80,520. A break below it will complete the FZR.

At the same time, in order to see a major rally, first of all, the price has to start an initial bigger-scale upswing breaking above pivot 2 and the external sloping channel with a full-fledged bullish FZR.

We expect the bearish move to be completed, with a further return to the price range.

Alpari: Aluminum Futures and Alcoa's Stock – Promising Investment Assets

BNP: British Pound Will Keep On Strengthening

The British Pound has recently retraced on negative lending stats. Not so long ago, the British currency showed considerable strength against other majors. But the recent retracement seems to have made experts get divided over the near-term prospects of the British Pound.

The total lending volume declined down to 9.9bn pounds. While the lending based on credit cards increased up to 34 million pounds in October, the amount of mortgage claims declined down to 42808 during the same reporting period. The data disappointed analysts since they had expected 45000 claims.

According to Rabobank's London office, the recent strengthening of the British Pound certainly took into account all the positive figures concerning the British economy. At the same time, BNP Paribas predicts that the British currency will keep strengthening in the near future.

According to Masterforex-V Academy, the British Pound keeps strengthening against the US Dollar, though the price has just retraced against the recent upswing.

A further downswing below 1.6132 will give way to developing wave A/B of Daily. In this case, the closest levels of support will be found at 1.6107, 1.6093/91, 1.6065, 1.6049/47.

A further rally above 1.6240 will probably encounter resistance around 1.6260, 1.6331, 1.6387.

Pro-ts.ru Reveals Elder’s Triple Scree Secrets!

On November 26th at 16:00GMT, the professional trading school called pro-ts.ru is starting a training course. It is called FOREX WITHOUT RISK. According to the representatives of the online school, the webinar will help beginning and intermediate traders to learn the winning tips and techniques for profitable Forex trading as well as to learn the secrets of a low-risk high-yield trading system.

Elder's Triple Screen Trading System

The «Forex Without Risk» online workshop is an ideal training course for beginning Forex traders. This is what Pro-ts.ru thinks on the matter. The biggest benefit of the course that it is absolutely free to participate!!! The ultimate goal of the course is to reveal the secrets of the triple screen trading system developed by Dr. Alexander Elder.

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RBS: Aussie Goes Bearish

A range of last week’s news releases contributed to the current weakness shown by the Australian Dollar. The expert team of RBS assumes that the bearish trend is currently fully reflecting an investment decline in the country’s non-mining sectors.

Another major factor that has been contributing to the weakness of the Australian currency is the stable slowdown seen in the Chinese economy, which has been the major exporter of Australian commodities for decades.

Still, the experts assume that this week the Aussie may see some recovery against the US Dollar. Last week’s decline was caused by mid-term factors. However, at this point, RBS experts see no reasons to expect a further downswing in advance of the RBA’s meeting and the forthcoming GDP report.

According to Masterforex-V Academy, the Australian Dollar is still weakening against the US Dollar. The experts report that AUDUSD is forming wave А/В of level Daily 2.

A further decline will probably give way to 0.9080, 0.8965/53. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 0.9446. (as shown below).

Further Weakening Possibility Presses Yen

The Bank of Japan acknowledges that the reaching the inflation target until 2015 is a fairly ambitious goal. Still, the process is underway and starts brining fruit, the central bank assumes.

In particular, the bank expects the inflation target to be reached either in late 2014 or in early 2015, Mr. Kuroda stated during the EUROPLACE forum. He also confirmed the rumor that the BOJ would make changes to its monetary policy if needed. At the same time, he underlined that the quantitative easing started in April 2013 has had a positive impact on the Japanese economy and financial markets ever since.

At the same time, during the November meeting, the Bank of Japan left its monetary policy unchanged, thereby leaving its economic estimation and forecast at a relatively high level. The bottom line is that the central bank’s major goal is to get rid of the deflation that has been affecting the national economy over the last 15 years.

Forex

According to Masterforex-V Academy, the Japanese Yen is still weakening against the US Dollar. The experts report that USDJPY is forming an upswing represented by wave А of level Weekly.

A further rally will probably encounter resistance around 102.52 and 103.73. The current bullish move will be completed as soon as the price overcomes the bottom of the MF sloping channel and consolidates below 97.60. (as shown below).

Qualcomm Want to Supply All Mobile Devices With Its CPUs

Last week, Qualcomm reassured the public by introducing a new processor form mobile devices – Snapdragon 805. At the same time, the company set an ambitious goal to introduce another powerful processor called Zeroth and to use it to all the future mobile devices.

The company says the structure of the new processor resemble the one of a human brain. The CPU will be more energy-saving and will present excellent scaling. The developer says that the processor will be able to learn and anticipate the user's actions.

The company's stock is currently appreciating on the positive news. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of QCOM:

Microsoft Sells Over 1 000 000 Xbox One Consoles During Day 1

Wester sources report that Microsoft, the world-famous tech giant, managed to sold over 1 million copies of the long–awaited Xbox One game console during the starting sales day.

Market Leader reports that the sales are underway in 13 countries around the globe, including the USA, Italy, Germany, France, Austria and the UK. The game console has been a hit in Los Angeles. All the devices were sold out during the first sales hour.

Microsoft started the sales on Friday. The company's stock is currently consolidating after the recent rally. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of MSFT:

Microsoft Gets Interested In Purchasing Winamp

According to several unofficial sources, Microsoft, the world-famous tech software giant, is reported to be interesting in purchasing Winamp. At this point, Microsoft is having talks with AOL.

Market Leader reports that on top of being interested in the media player, Microsoft seem to be showing great interest in SHOUTcast, audio-video streaming software, which is also owned by AOL. The software was developed by Nullsoft, the same company that developed Winamp.

At this point, the sum of the deal is kept secret since the talks between the two companies are still underway. For informational sake, AOL bought Nullsoft in 1999 for $80 million.

Meanwhile, Microsoft’s stock is consolidating after the recent rally. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of MSFT:

Sony Plans Major Spending Cuts

According to the official representatives of Sony Corporation, the Japanese tech giant is planning major spending cuts in the near future. In particular, Sony wants to cut some expenses on its entertainment business by 250 million dollars within 2 year.

Sony isn’t planning to make it a standalone business with its own budget and will exercise total control over it.

Moreover, according to Sony’s CEO, the corporation is planning to cut down on the amount of movies produced by Columbia Pictures, thereby redistributing funds by paying more attention to media networks and TV production.

Meanwhile, Sony’s stock is consolidating after the recent rally.