AUD/USD broadly higher after positive reports on the Employment change. The unemployment rate in Australia also did not reach the expected level and additional support was offered by Chinese CPI data. The pair is traded at 0.7465 with support levels at 0.7320, 0.7338 and 0.7357. The resistance level is at 0.7483.
NZD/USD rebound to above 0.67 currently quoted at 0.6730 after positive news from New Zealand’s top trade partner China. The pair was on a strong bullish trend in the last three weeks, so the current correction is somewhat a vulnerable move. Further losses are expected ahead for the Kiwi.
GBP/USD was erasing yesterday’s losses ticking up to 1.5420 earlier in Asia. Ahead in the day, BoE will decide on the interest rate, which is expected to stay at the current level of 0.50%. At the moment, the cable is quoted at 1.5384 against the greenback.
USD/JPY was much stronger after the sharp fall of yesterday, although, Japanese data was positive with Core Machinery orders (YoY) reading at 19.3% – higher than expected. The ongoing correction might signify the beginning of a more or less consolidated trade as the recent highs of the pair were considered negative for the yen by the BoJ.
EUR/USD hit one-week highs of 1.1124 amid Greeks requesting a new three-year bailout. The pair’s fluctuation continues to lack confidence as markets are getting ready for the next developments in Greece. The market price is 1.1034.
Ahead in the day, we will monitor the Canadian Housing Starts and series of reports from the U.S.
Interested in getting unparalleled offer? Register an ECN account at Forex.ee and get $1 commission per lot until the end of summer.
Your European ECN-broker,
One Click Trading is a very important and useful tool developed on the basis of Level2 application. One Click Trading makes it very easy to monitor the markets and react to the market changes on time. One click is enough to catch the best price and make a beneficial trade.
To install OCTL2P you should download setup file to your computer and run it to start the installation. Click Next in the installation dialog box. Before installing OCTL2P we suggest you close all running applications including MT4 terminals.
Read the license agreement, select the check box I accept the agreement and click Next to proceed.
Indicate directory where you previously installed MetaTrader 4. To start the installation click Install.
When the installation process is finished, the Next button will be activated.
Click Finish to close the installation dialog box. Activate Launch MT terminal option if you want MT4 launched after you click Finish.
Before you activate OCTL2P, please, check the settings: launch the MT4 trading platform, from main menu choose Tools → Options, in the opened window select the Expert Advisors tab and switch on the Allow automated trading and Allow DLL imports options and click OK.
To activate the Expert Advisor in the Navigator window, click Expert Advisors. Installed EA should be seen in the list. Double-click on OneClickTradingLevel2 or simply drag and drop it onto the chart. Click OK.
If the EA is activated successfully, a smiley will be seen in the top right corner of the chart.
Metatrader 4 is a modern and easy-to-use trading platform for online trading. It ensures round-the-clock access to financial markets and market information as well as quick order execution. With Metatrader 4 traders may take advantage of using Expert Advisors, Indicators and develop their own trading strategies.
To install Trading platform ForexEE MT4 you should download setup file to your computer and run it to start the installation. Click Next in the installation dialog box.
Read the license agreement, select the check box Yes, I agree with all terms of this license agreement and click Next to proceed.
Please indicate installation directory for MetaTrader4 and choose name for Start Menu folder Start → All Programs. We recommend using the default installation settings. Also select a relative check box if you want to Create a desktop shortcut, Оpen MQL5.community website or Launch program after successful installation. Click Next.
Now the program is downloading all necessary files from our server and installing them on your PC. Click Finish when installation is complete. Congratulations! MT4 has been successfully installed on your computer.