Forex Trading Signals for 19th Feburary 2013

                                                                                

Japan (Tokyo)                               United Kingdon (London)                        USA (New York)


BONANZA !!!   BONANZA !!!    BONANZA !!!    BONANZA !!! 

We are offering to the first 100 people who will subscribe for our Forex signals for one month
Subscription Price: N 5,500 naira,     $40
Bonanza closing date:  8th March 2013.

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SELL on the market: GBP/USD

SELL : 
Entry Point : 1.54670
Take Profit:   1.54370
Stop Loss:    1.54970

 2nd,,

SELL on GBP/USD : 

Entry Point : 1.54648
Take Profit:   1.54348
Stop Loss:    1.54948

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We will BUY on the market: EUR/USD
BUY: 
Entry Point : 1.33516

Take Profit:   1.33816
Stop Loss:    1.33216

2nd  Buy on the market,,,

BUY: 
Entry Point : 1.33530

Take Profit:   1.33830
Stop Loss:   1.33230

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OPEN A FOREX TRADING ACCOUNT AND WITHDRAW YOUR PROFIT INTO YOUR NIGERIAN BANK ACCOUNT (NAIRA ACCOUNT).

Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

One Love Brothers

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HIGH RISK INVESTMENT WARNING: Trading foreign exchange, contracts for differences, or spread bets on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the forex market, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. We provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. We recommends you seek advice from a separate financial advisor. 

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Forex - GBP/USD hovering close to 7-month lows

The pound was trading near seven-month lows against the dollar on Monday as fears over the outlook for the faltering U.K. economy curbed investor demand for sterling.

GBP/USD hit 1.5438 during European afternoon trade, the pair’s lowest since July 13; the pair subsequently consolidated at 1.5486, shedding 0.19%.

Cable was likely to find support at 1.5320 the low of June 5 and resistance at 1.5507, the session high.

The pound fell sharply against the dollar on Friday after official data showed that U.K. retail sales dropped 0.6% in January, confounding expectations for a 0.4% increase.

The data fuelled concerns over the health of the U.K. economy, which contracted by 0.3% in the fourth quarter and added to worries that the U.K. may lose its triple-A sovereign rating.

Sentiment on sterling was also hit after Bank of England policymaker Martin Weale said Saturday that a weaker currency was a natural way to reduce the country’s current account deficit and that the central bank should overlook the inflationary impact of the weaker pound.

Last week’s BoE’s quarterly inflation report warned that inflation would remain above target until early 2016 and forecast weaker growth.

Elsewhere, the pound was lower against the euro, with EUR/GBP easing up 0.125 to 0.8620.

Trade volumes were expected to remain light on Monday, with U.S. markets remaining closed for the President’s Day holiday.

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Forex - GBP/USD hits 7-month lows on growth concerns

The pound fell to seven-month lows against the dollar on Monday after Friday’s unexpectedly weak U.K. retail sales data fuelled concerns over the economic outlook.

GBP/USD hit 1.5438 during European morning trade, the pair’s lowest since July 13; the pair subsequently consolidated at 1.5461, shedding 0.35%.

Cable was likely to find support at 1.5320 the low of June 5 and resistance at 1.5507, the session high.

The pound slumped against the dollar after official data on Friday showed that U.K. retail sales dropped 0.6% in January, confounding expectations for a 0.4% increase.

The data fuelled concerns over the faltering U.K. economy, which contracted by 0.3% in the three months to December and added to worries that the U.K.’s triple-A sovereign rating will be downgraded.

Sentiment on sterling was also hit after Bank of England policymaker Martin Weale said Saturday that a weaker currency was a natural way to reduce the country’s current account deficit and that the central bank should overlook the inflationary impact of the weaker pound.

Last week the BoE’s quarterly inflation report warned that inflation would remain above target until early 2016.

Elsewhere, the pound was lower against the euro, with EUR/GBP rising 0.30% to 0.8635.

Trade volumes were expected to remain light on Monday, with U.S. markets remaining closed for the President’s Day holiday.

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European stocks mixed to lower, debt concerns weigh; Dax up 0.14%

European stocks were mixed to lower on Monday, as concerns over the handling of the debt crisis in the euro zone continued to weigh broadly on market sentiment. 

During European morning trade, the EURO STOXX 50 fell 0.29%, France’s CAC 40 slipped 0.19%, while Germany’s DAX 30 edged up 0.14%. 

Market sentiment remained under pressure after data on Thursday showed that the euro zone's economy contracted by 0.6% in the three months to December, compared to expectations for a 0.4% decline.

The weak data fuelled speculation over a possible rate cut by the European Central Bank in the coming months. 

Financial stocks were boradly lower, as French lenders Societe Generale and BNP Paribas and Societe Generale dropped 0.57% and 0.61%, while Germany's Deutsche Bank and Commerzbank retreated 0.81% and 0.07% respectively. 

Peripheral lenders added to losses, with Italian banks Intesa Sanpaolo and Unicredit declining 0.29% and 0.79%, while Spain's Banco Santander and BBVA tumbled 1.52% and 1.57%. 

On the upside, Natixis surged 19.09% after saying it will make a payment to shareholders after selling back stakes in its parent’s banking networks. 

In London, commodity-heavy FTSE 100 slipped 0.24%, weighed by losses in mining stocks. 

Mining giants BHP Billiton and Rio Tinto declined 0.24% and 1.23%, while copper producers Xstrata and Kazakhmys tumbled 1.16% and 0.55% respectively. 

Oil and gas major Anglo American was also on the downside, dropping 0.82%, while BP shed 0.44%. 

Meanwhile, financial stocks traded broadly lower. Shares in Lloyds Banking edged down 0.09% and HSBC Holdings fell 0.33%, while the Royal Bank of Scotland and Barclays retreated 0.44% and 0.43%. 

Trade volumes were expected to remain light on Monday, with U.S. markets remaining closed for the President’s Day holiday.

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