Forex Bangladesh - বিডিপিপস

আজকের ট্রেডিং সেশনে ইউরো/ডলার পেয়ারটির প্রাইস ক্রমাগত কমছে। আজ পেয়ারটি ওপেন হয়েছে ১.১২১৩ প্রাইসে । পরবর্তীতে পেয়ারটির প্রাইস ক্রমাগত কমতে ছিল। তবে বর্তমানে পেয়ারটির প্রাইস কিছুটা বাড়তে শুরু করেছে।  পেয়ারটির পরবর্তী টার্গেট হতে পারে ১২৮০ থেকে ৯০ প্রাইস। সুতরাং পেয়ারটির প্রাইস শর্ট-টার্মে বাড়তে পারে।  তবে এটা স্থায়ী হবে বলে মনে হচ্ছে।

পাউন্ড/ডলার পেয়ারটি প্রাইস ডাউনসাইডে রয়েছে এবং পেয়ারটি ১.২৪৫০ প্রাইসের দিকে যাচ্ছে। তবে পেয়ারটি প্রাইস কমার পিছনে যুক্তরাজ্যের রাজনীতিকে দায়ী করা হচ্ছে। প্রধানমন্ত্রী থেরেসা মের পদত্যাগের পর তার আসন নিয়ে বেশ কয়েকবার ভোট হয় এবং এ ভোটে জনসন এবং টোরি এগিয়ে রয়েছে। আগমীকাল অর্থাৎ মঙ্গলবার আকেরটি নির্বাচন হবে। এর মাধ্যমে প্রধানমন্ত্রী নির্বাচিত হওয়ার সম্ভাবনা রয়েছে। সুতরাং যুক্তরাজ্যের এ রাজনৈতিক অস্থিরতাকে কেন্দ্র করে পেয়ারটির প্রাইস কমছে। সুতরাং বর্তমানে পেয়ারটির ক্ষেত্রে সেল পজিশন নেওয়া ভাল হবে।

Date : 22nd July 2019.

MACRO EVENTS & NEWS OF 22nd June 2019.



No deal Brexit risks will continue to unsettle markets next week as the two candidates hardened their rhetoric in end stages of the party elections. The ECB however will stand out as the event of the week,with Brexit uncertainty an important part of the overall outlook. Have a look at the most important events of the coming days in our usual weekly publication.
Tuesday – 23 July 2019
  The announcement of the next Prime Minister of the UK – Event of the week – Original Brexit campaigner Boris Johnson remains the front runner in the race and is widely expected to be confirmed as the new Prime Minister next Tuesday. Housing Data (USD, GMT 14:00) – A steady rate is anticipated for existing home sales in June at the firm 5.340 mln pace seen in May. The median sales price is estimated to ease to $275,000, for a y/y gain of 0.4%, down from 4.8% in May. In Q1, we saw an average sales pace of 5.207 mln. In Q2, a better 5.297 mln pace is expected. Wednesday – 24 July 2019
  Services and Manufacturing PMI (EUR, GMT 07:30) – Preliminary Composite PMIs for Eurozone and Germany are expected to fall in July, to 51.8 and 52.5 respectively, while the Manufacturing PMIs are forecasted at 48.0 and 45.4 respectively. Services and Manufacturing PMI (USD, GMT 13:45) – Preliminary Manufacturing and Services PMIs are expected to decline in July, to 50.4 from 50.6 and 51.0 from 51.5 respectively. Thursday – 25 July 2019
  German IFO (EUR, GMT 08:00) – German IFO business confidence is expected to slip to 96.7, after it held steady the past 2 months around the 97 barrier. Event of the week – Interest rate Decision and Conference (EUR, GMT 11:45) –The ECB is meeting on July 25, – shortly after the confirmation of the new PM in London and ahead of the Fed, which is widely expected to cut rates again at the end of the month. On balance, markets see more merit in keeping official rates unchanged next week, while moving to an official easing bias and promising that rates will be at “current or lower” levels well into next year. ECB Monetary Policy Statement (EUR, GMT 12:30) -The July meeting will clearly be a “live” one with doves and hawks battling it out over when to deliver the now widely expected easing measures. It is expected that the majority will see more merit in keeping policy settings unchanged, but change the guidance to introduce a clear easing bias. Durable Goods (USD, GMT 12:30) – Durable goods orders are expected to rise 1.0% in June, after a -1.3% figure in May. Transportation orders should rise 2.7%. Boeing orders rose to only 9 from just zero in May, with weakness due to the hit from problems with the Boeing 737 Max that prompted buyers to delay new purchase commitments. Vehicle assemblies should ease to 11.1 mln from an 11.3 mln pace in May. Durable shipments are expected to rise 0.5%, and inventories should rise 0.6%. The I/S ratio is expected to hold steady at 1.67 since April. Friday – 26 July 2019
  Gross Domestic Product (USD, GMT 12:30) – Gross Domestic Product is expected to grow 1.8% in Q2, with a sturdy 2.4% growth rate for final sales thanks to solid growth rates of 3.9% for personal consumption and 4.3% for government purchases, alongside a big $27 bln unwind of the Q1 inventory pop. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Please note that times displayed based on local time zone and are from time of writing this report.

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Andria Pichidi
Market Analyst
HotForex

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ইউরো/ইয়েন পেয়ারটি ১২১.০০ প্রাইসে রিবাউন্ড করার চেষ্টা করছে। অপরদিকে ইয়েনের প্রাইস কমতে শুরু করেছে। পেয়ারটি বর্তমানে ১২০.৮০/৭৫ সাপোর্ট লেভেলের দিকে যাচ্ছে। এটা ২০১৮ সালের জুন/জুলাই মাসের সর্বনিন্ম প্রাইস। পেয়ারটির সেলিং প্রেসার বৃদ্ধি পাচ্ছে। ২০১৯ সালের জানুয়ারি মাসের শুরুর দিকে পেয়ারটির সর্বনিন্ম প্রাইস এসেছিল ১১৯.০০। ৫৫ দিনের এসএমএ অনুযায়ী পেয়ারটি ১২২.১৩ প্রাইসের নিচে আসতে পারে।  সুতরাং পেয়ারটির ক্ষেত্রে সেল পজিশন নেওয়া ভাল হবে। ইউরো/ইয়েনের প্রতিদিনের চার্ট  

Technical Overview of EUR/USD, AUD/NZD and EUR/JPY Currency Pair

EUR USD

EUR traded higher against USD and closed at 1.1220.

Below 200 and 50 EMA with the trend towards the down side.
Making a series of Lower Highs and Lower Lows.
Stalling in the Weekly Inside bar Pattern.
Break on either side may lead the trend.
The most important factor is the Fed rate cut.

According to the Analysis, pair is expected to find support at 1.1214 and a fall through could take it to the next support level of 1.1207. The pair is expected to find its first resistance at 1.1226, and a rise through could take it to the next resistance level of 1.1231.

AUD NZD

AUD traded lower against NZD and closed at 1.0401.

Below 200 and 50 EMA with the trend towards the down side.
Making a series of Lower Highs and Lower Lows.
Broke the Weekly inside Bar Pattern to the down side.
Broke the low of Monthly candle,
Any Selling opportunity may be good option.

According to the Analysis, pair is expected to find support at 1.0383 and a fall through could take it to the next support level of 1.0376. The pair is expected to find its first resistance at 1.0396, and a rise through could take it to the next resistance level of 1.0402.

EUR JPY

EUR traded lower against JPY and closed at 120.77.

Bears in control as they broke the Weekly In sidebar and are to target the bearish ABCD Pattern, heading towards minimum 127 extension.

ECB steers the market towards more easing later in the year.
Quantitative Easing and Further rate cut by 10 Basis Points will weaken the EURO.
This rate cut may occur in September.
Until then EURO may remain sideways.

According to the Analysis, pair is expected to find support at 120.94 and a fall through could take it to the next support level of 120.86. The pair is expected to find its first resistance at 121.10, and a rise through could take it to the next resistance level of 121.20.

For Detailed analysis visit XtreamForex YouTube Channel.