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[img]https://www.******.com/media/media/2016/04/15/eurusd.png[/img]


The IMF doubted Greece's creditworthiness

EURUSD
April 15, 2016, 09:19
Sell on a level breakthrough of 1.1250 with 1.1150 target. Stop loss = 1.1300.

Reason for the trading strategy

The head of the IMF Christine Lagarde questioned the Greek authorities' ability to maintain a budget surplus of 3.5% of GDP during a few decades. In the future, Greece's lenders will probably have to review the existing financial assistance programs for Greece.



EURUSD, H1

[img]https://www.******.com/media/media/2016/04/15/eurjpy.png[/img]



The oil producers meeting in Doha, which will affect the value of the world's reserve currency in the EURUSD and USDJPY pairs, will probably serve as a factor that can take the EURJPY pair out of the range of 122.55-124.21.

The decision made by Saudi Arabia and Russia supported the Loonie
Reason for the trading strategy
Yesterday the WTI oil prices broke through the important resistance level of $42.5 per barrel on the news of the agreement reached on the freezing of oil extraction between Russia and Saudi Arabia, which would not focus on Iran's position on this issue. Note that the Bank of Canada meeting will be held today, from which we do not expect any surprises.

[img]https://www.******.com/media/media/2016/04/18/eurusd.png[/img]



EURUSD: growth against the background of a weakening dollar

EURUSD
April 18, 2016, 09:35
Buy on a level breakthrough of 1.1340 with 1.1450 target. Stop loss = 1.1290.

Reason for the trading strategy

A negative US macroeconomic statistics were published last Friday, which reduced the likelihood of key interest rate raising in this country. In March, the volume of industrial production in the US fell by 0.6% (m/m), with a forecast of a 0.1% (m/m) decline. In addition, the University of Michigan preliminary consumer confidence index in the US declined from 91 p. to 89.7 p. in April.



EURUSD, H4

[img]https://www.******.com/media/media/2016/04/19/eurjpy.png[/img]



The EURJPY pair is "eyeing" the level of 124.22

EURJPY
April 19, 2016, 10:15
Buy on a level breakthrough of 123.65 with 124.22 target. Stop loss = 123.15.

Reason for the trading strategy

The surplus of the Eurozone's current account on the balance of payments amounted to 19 billion euros in February. The value of the index for January was revised upwards from 25.4 billion to 27.5 billion euros. The statistics is moderately positive and supports the euro cross rates.



EURJPY, H4

[img]https://www.******.com/media/media/2016/04/20/usdchf.png[/img]



USDCHF: consolidation below the resistance level of 0.9635

USDCHF
April 20, 2016, 11:02
Buy on a level breakthrough of 0.9635 with 0.9687 target. Stop loss = 0.9585.

Reason for the trading strategy

If in March the number of home sales in the US secondary real estate market exceeds 5.29 million, the dollar will strengthen. In the short term, the USDCHF pair may test the level of 0.9687, however, in the third ten day period of April, there is a high risk of it dropping below the 0.9584 level.

USDCHF, H

[img]https://www.******.com/media/media/2016/04/21/usdjpy.png[/img]


USDJPY: consolidation below the level of 110

USDJPY
April 21, 2016, 09:48
Buy on a level breakthrough of 109.89 with 110.70 target. Stop loss = 109.39.

Reason for the trading strategy

The upward rally in the oil market has supported the risky assets, which puts pressure on the protective yen. At a breakthrough of the 109.89 level, opening long positions for the USDJPY pair is worth considering.

USDJPY, H4

[img]https://www.******.com/media/media/2016/04/22/usdjpy.png[/img]




USDJPY: growth against the background of weakening yen

USDJPY
April 22, 2016, 09:03
Buy on a level breakthrough of 110.70 with 111.50 target. Stop loss = 110.20.

Reason for the trading strategy

Today, the Japanese currency is actively weakening against the background of speculations that the Bank of Japan will soon announce additional measures to stimulate the economy. The next Bank of Japan meeting will be held next week.



USDJPY, H4

Bringing to you the Economic Calendar for the week.
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[img]https://www.******.com/media/media/2016/04/25/usdjpy.png[/img]



USDJPY: consolidation in the range of 110.65-111.91

USDJPY
April 25, 2016, 08:49
Buy on rebound from 110.65 level with 111.91 target. Stop loss = 110.00.

Reason for the trading strategy

Last Friday, the Japanese currency weakened substantially against the background of rumors about the possible introduction of negative interest rates on loans in Japan. An adjusting growth of the yen can be observed today. Market participants are trying to assess the possible outcome of the regulator's meeting which will be held on April 28th.


USDJPY, H4

[img]https://www.******.com/media/media/2016/04/26/the-growth-wagon.png[/img]



****** Group announces verified funds report, confirming US$83.78 million of own funds


****** Group today released a Report of Factual Findings on ******' funds conducted by Deloitte, reinforcing its stand for greater transparency in the forex industry and confirming the Group to have US$83.78 million of own funds.

In its lead and establishment of transparency practices, ****** is publishing annual funds audit on top of quarterly publications of assurance reports on trading volumes, clients' withdrawals, and partners' commissions.

On its campaign for transparency, ****** Group's CEO, Petr Valov, said, "Every client and partner of ****** Group should have access to factual information about the Group's financial indicators. When we announce our leading positions in the industry, we support it with figures confirmed by independent experts."

Conducted in accordance with the International Standard on Related Services (ISRS 4400), the report on ******' funds balance by Deloitte, dated April 14, 2016, confirms the "existence and accuracy of ******' own and clients' funds". In less than a year (from January 20 to December 31, 2015), ******' total funds grew by 60.7% to US$106.68 million, with a 63.9% and 50.2% increase in own and clients' funds respectively. The report also shows majority of funds being ******' own - totaling to US$83.78 million (78.5% of total funds) - with clients' funds at US$22.90 million.

[img]https://www.******.com/media/media/2016/04/27/audusd.png[/img]




AUDUSD: collapse after the publication of the inflation report in Australia

AUDUSD
April 27, 2016, 09:48
Sell on a level breakthrough of 0.7603 with 0.7500 target. Stop loss = 0.7653.

Reason for the trading strategy

Consumer price inflation in Australia was 0.2% (q/q) and 1.3% (y/y) in Q1 2016, with a forecast of 0.2% (q/q) and 1.7% (y/y). The sharp decline in inflationary pressures has increased the probability of Australia's base interest rate reducing from 14% to 40%.



AUDUSD, H4

[img]https://www.******.com/media/media/2016/04/28/usdcad.png[/img]




USDCAD: consolidation above the level of 1.2525

USDCAD
April 28, 2016, 10:21
Sell on a level breakthrough of 1.2525 with 1.2450 target. Stop loss = 1.2575.

Reason for the trading strategy

The US Federal Reserve's soft rhetoric and the decline in the oil production in the US last week provide support to oil prices. At the moment, a WTI barrel is $45.25 already. The USDCAD pair may test the level of 1.2450 in the short term



USDCAD, H4

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EURUSD

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