Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

PaxForex

Members
  • Content Count

    1
  • Joined

  • Last visited

Everything posted by PaxForex

  1. "Trade With Passion" is our motto.We developed our broker for you with the passion for trading. We believe that you are one of those, who want only best trading conditions and who are passionate about Forex as we are.We know all your trading needs and we will do our best to satisfy you with our service. We do not want to be your next "good" broker, we will be your the best trading experience you ever had._____ GBPAUD Fundamental Analysis – September 10th 2019 Here are the key factors to keep in mind today for British Pound trades: UK Jobless Claims Change and Claimant Count Rate: The UK Jobless Claims Change for August is predicted at 29.3K and the Claimant Count Rate is predicted at 3.2%. Forex traders can compare this to the UK Jobless Claims Change for July which was reported at 28.0K and to the Claimant Count Rate which was reported at 3.2%. UK Employment Change, ILO Unemployment Rate and Average Weekly Earnings: The UK Employment Change for the tri-monthly period ending in July is predicted at 55K and the ILO Unemployment Rate is predicted at 3.9%. Forex traders can compare this to the UK Employment Change for June which was reported at 115K and to the ILO Unemployment Rate which was reported at 3.9%. Average Weekly Earnings for the tri-monthly period ending in July are predicted to increase by 3.7% annualized and Average Weekly Earnings Excluding Bonuses are predicted to increase by 3.7% annualized. Forex traders can compare this to Average Weekly Earnings for June which increased by 3.7% and Average Weekly Earnings Excluding Bonuses which increased by 3.9%. Here are the key factors to keep in mind today for Australian Dollar trades: Australian ANZ Roy Morgan Weekly Consumer Confidence Index: The Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of September 8th was reported at 113.3. Forex traders can compare this to the Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of September 1st which was reported at 114.4. Australian NAB Business Conditions and Australian NAB Business Confidence: Australian NAB Business Conditions for August were reported at 1 and Australian NAB Business Confidence at 1. Forex traders can compare this to NAB Business Conditions for July which were reported at 3 and to Australian NAB Business Confidence which was reported at 4. Chinese PPI and Chinese CPI: The Chinese PPI for August decreased by 0.8% annualized and the Chinese CPI increased by 2.8% annualized. Economists predicted a decrease of 0.9% and an increase of 2.7%. Forex traders can compare this to the Chinese PPI for July which decreased by 0.3% annualized and to the Chinese CPI which increased by 2.8% annualized. Should price action for the GBPAUD remain inside the or breakdown below the 1.7920 to 1.8040 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 1.8000 Take Profit Zone: 1.7560 – 1.7700 Stop Loss Level: 1.8075 Should price action for the GBPAUD breakout above 1.8040 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.8110 Take Profit Zone: 1.8335 – 1.8420 Stop Loss Level: 1.8040
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.