Signals Articles

AUDUSD – Hits Target 1 as USD gains ground

Forex Analysis
2016-05-09_15-14-06

AUDUSD, Daily    

On Friday (May 6th) I identified a low risk, high probability trade based on both the fundamental news and a coincidence of technical indicators. The RBA had cut interest rates on Tuesday May 3rd and then had also cut Inflation expectations for 2016 on Thursday May 5th.  The initial Target 1 (0.7330) saw a confluence of the Daily and Weekly Fibonacci levels, together with a key psychological area that was likely to be tested.

Additionally, the uncertainty surrounding the Australian federal election (the 54 day campaign started today for the July 2nd election) is likely to hang over the AUD.

The USD strengthened in the Asian session and has gained ground in the European session today as USDJPY trades north of 108.00 and EURUSD falls to nine-day lows at 1.1380.

Further down we have 200 DMA, support and Target 2 at 0.7260.  The Monthly chart turned down during April and shows support at 0.7050 and then 0.7000.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Crude oil hits Target 1 as Canada fires rage

Forex Analysis
Chart_16-05-09_09-33-18

Crude Oil, 240 min

On May 5th I wrote about wildfires in Canada’s oil producing regions and about US oil production dropping to lowest level since Sept 2014, sinking by more than 100k barrels a day in the week up to April 29th. Based on the fundamentals suggesting less supply and technicals indicating that the prices could move higher I said that I’d be interested in long entry signals inside my buy area at $43.20 – $44.00 with Target 1 at $45.00 – $45.50 and Target 2 at $46 – $46.70.

Crude oil retraced to my buy area on Friday, gave a buy signal and hit target 1 on the same day. Now price has rallied further and has almost touched the target 2. According to Reuters oil producers and refiners braced today for further supply constraints from the wildfires that have shut one half of Canada’s vast oil sands capacity and forced BP and other big oil firms to warn they would not be able to deliver on some contracts.

Price is currently trading near the upper daily Bollinger Bands and the recent highs. Therefore resistance levels of the recent trading range are near but at the same time the price of oil has created two higher reaction lows in the 4h chart. The higher lows increase the probabilities of this market breaking higher.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

AUDUSD – Bearish on RBA Inflation Forecast

Forex Analysis
2016-05-06_10-19-59

AUDUSD, Daily    

The RBA cut its forecast for underlying inflation in 2016 to 1-2% from 2-3% in the Statement on Monetary Policy. The Bank’s forecasts for growth and the labour market were little changed from the February Statement on Monetary Policy. Further rate cuts look likely this year amid increased risk that inflation expectations remain persistently lower for longer than the Bank currently expects. AUDUSD fell 0.8% to 0.7400 from 0.7460 as the Australian dollar lost value against the U.S. dollar following the release of the Statement.

I last updated the AUDUSD pair April 27th before the RBA meeting last week and the rate cut and last night’s reduction in the inflation target. My headline then was  “Australia Where  has the inflation gone?” yesterday’s announcement  cemented my thoughts. I also suggested that the 0.7450 level was a key support level; this was robustly and significantly broken in the last 24 hours.

Technically we now have Daily support and downside Target 1 at 0.7330 – the 50% Fib level, which also coincides with the Weekly retracement levels.  Further down we have 200 DMA, support and Target 2 at 0.7260.  The monthly chart turned down during April and shows support at 0.7050 and 0.7000.

2016-05-06_12-55-37

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

EURUSD attempts to rally from support

Forex Analysis
Chart_16-05-06_09-36-54

EURAUD, 60 min

US Employment for April is out later and should reveal a 210k (median 208k) headline for the month following larger increases of 215k in March and 245k in February. Initial claims improved dramatically during April which could help lift the headline but consumer confidence measures and ADP were subdued.

Two days ago while EURUSD was still trading at 1.1490 I wrote that “the 1.1532 to 1.1570 should be a challenge for the bulls and this Sell Area has potential to turn the pair down again. We will follow the price action to see if market supplies us with sell signals. Should this happen my target one is at 1.1480 and target two at 1.1410.”

The pair rallied almost to my sell area but turned lower 4 pips below it. Market then moved down to hit both of the targets and is now reacting higher from a support created by the April 20th and 21st highs.

After moving considerably lower in last three days it seems that EURUSD is now likely to retrace some of the move which might provide us with entries on the short side after a rally. In the event that the rally I’m anticipating takes price all the way up to my sell aera I will be looking for sell signals between 1.1453 and 1.1474 with T1 at 1.1409 – 1.1425 bracket and T2 at 1.1360 – 1.1377 range.

Remember to manage the risks adequately and avoid highly geared positions when the US Non-Farm Payrolls are published. If you don’t know how to manage your risks professionally we recommend you attend our educational and interactive webinars.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

US Initial Jobless Claims Surge

Forex Analysis
2016-05-05_16-07-46

EURUSD, 240    

U.S. initial jobless claims surged 17k to 274k in the week ended April 30, the highest level in five weeks. The 17k U.S. initial claims pop to 274k in the final week of April extended the 9k rise to 257k from a 42-year low of 248k in the April BLS survey week, as claims nearly return to the 276k recent peak in the week of Good Friday. Despite the sharp rise, the extremely tight mid-month readings signal upside risk for our 210k April payroll estimate.  The claims roller-coaster ride since late-March, with high readings then and now with a deep trough in between, is likely due at least partly to the difficulties of seasonal adjustment with this year’s early Easter. Note that non-seasonally adjusted (NSA) claims fell 2k alongside the 17k seasonally adjusted (SA) rise. Claims averaged a lean 259k in April despite the late-month climb, versus higher recent averages of a still-lean 265k in March, 261k in February, 282k in January and 277k in December. The 248k April BLS survey week reading undershot recent already-tight BLS readings of 259k in March, 260k in February, 291k in January and 275k in both November and December.

EURUSD remains rather unmoved by the data,  with support around the 1.1400 level and resistance at 1.1470-1.1480. All eyes now on tomorrows Non-Farm Payroll (NFP) figures.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

UK Services PMI – Another weak number

Forex Analysis
2016-05-05_11-59-27

GBPUSD, Daily    

UK Services PMI growth the weakest in over three years: This is a full set of three big misses in the three PMI surveys for April. The headline services number fell to 52.3, the lowest level since February 2013, and well off both the median for 53.5 and the 53.7 reading in the previous month. The manufacturing PMI unexpectedly dove to a contractionary 49.2 reading, the weakest level seen since February 2013, and the construction PMI fell to its weakest level since June 2013. The composite PMI worked out at 51.9, down from 53.6 in March. Markit estimates that the UK GDP fell to just 0.1% q/q growth in the three months to April, down from 0.4% growth in Q1. Markit notes that the early timing of Easter this may have affected the service sector, but also notes that “April also saw an increase in the number of companies reporting that uncertainty about the EU referendum caused customers to hold back on purchases,” which is exacerbating already shaky demand amid fiscal tightening and global uncertainties.

Technically, GBPUSD has come off its 2016 highs, with support at 1.4418 and 1.4283 (50 DMA) and resistance at the recent 2016 high at 1.4667 and 1.4700.

Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

US oil production at lowest levels since September 2014

Forex Analysis
oil

Crude Oil, 240 min

Crude oil rallied over 4% after reversing at 43.22 in yesterday’s trading. Recent news article from Reuters associates the move higher with a huge wildfire in Canada’s oil sands area while fighting in Libya threatens the North African output. Traders said that WTI prices were driven up by uncontrolled wildfires in Canada that disrupted oil production in the province of Alberta. This morning Kuwait News Agency reports that US oil production drops to lowest level since Sept 2014, sinking by more than 100k barrels a day in the week up to April 29th.

Last three month’s rally has taken the price of crude oil (US Oil) to levels it tried to find support in January – March 2015 period. Price has trended higher strongly in the daily timeframe with some lack of momentum creeping in lately. However, as long as price trends higher it makes sense to look for opportunities in the direction of the trend. Yesterday’s trading created a narrow range candle which at a support indicates that prices are likely to move higher but there’s another narrow range candle (a Doji) created on April 29th which could mean prices are likely to range a while before it’s able to break into new highs.

Should the market create a range it could trace back to the recent lows. I’m therefore looking for long entry signals inside my Buy Area at $43.20 – $44.00 with Target 1 at $45.00 – $45.50 and Target 2 at $46 – $46.70. The area between $45.20 and $46.20 could be a challenge for the bulls and therefore cause intra-day volatility. However the trend is higher in the daily timeframe and should support the buyers’ efforts in the long run. This means that those looking for swing trades might want to look for moves to a Target 3 in $50 – $51 range.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

EURUSD finding support at April 4th high

Forex Analysis
Chart_16-05-04_14-22-18

EURUSD, 60 min

EURUSD created a bearish shooting star candle in yesterday’s trading. The day was rather volatile with the pair running up by X% and then closing below the opening price and near the session lows. Today we’ve seen some sideways action which is typical after market moves significantly on the day before. EURUSD has also found support from the proximity of April 4th high at 1.1465. Today’s low at the time of writing has been 1.1469. Market participants are also waiting for the US employment numbers for April from ADP which are due to be released at 12:15 GMT. No major change is expected to March numbers.

In the hourly chart the EURUSD pair can be seen in a descending channel but as mentioned, the 1.1465 support is not that far and has attracted buyers while it has also kept the bears in check. I expect that traders will tread carefully until the ADP number is out even though no major change is expected. I’m seeing resistance at 1.1500 and 1.1511 with the nearest support at 1.1465. The 4h chart has now a doji candle which suggests the downside momentum has faded and the pair could try to retrace some of yesterday’s losses. However, the 1.1532 to 1.1570 should be a challenge for the bulls and this Sell Area has potential to turn the pair down again. We will follow the price action to see if market supplies us with sell signals. Should this happen my target one is at 1.1480 and target two at 1.1410.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

US PMI held steady while ISM numbers fell

Forex Analysis
Chart_16-05-02_17-41-36

EURUSD, Daily

US Markit manufacturing PMI (final) held steady at 50.8 in April compared to the flash reading (lowest since September 2009), but down from the 51.5 final March print. The final PMI output index also held steady at 50.3 in April vs the flash reading, but down from final March 51.2. The final April employment index settled unchanged vs the flash of 50.2, though down from the 52.2 final March print. Overall, not very compelling, though focus will shift to ISM and construction data shortly.

At the same time US manufacturing ISM fell to 50.8 in April from 51.8 in March. The prices index surged to 59.0 in April from 51.5 in March. New orders eroded to 55.8 in April from 58.3 in March. While the pull-back in the total index was slightly more pronounced than anticipated (median was 51.3), the result was largely as-expected.

US construction spending rose 0.3% in March versus consensus forecasts of a 0.5% gain. February data however, was revised sharply higher to up 1.0% to from -0.5%. The small March miss can be attributed to slower housing starts reported for March.

EURUSD reacted higher at first but has since retraced some of its gains. The nearest 4h support and resistance levels are at 1.1481 and 1.1534 with the next support at 1.1465 (coincides with 0.236 retracement) and 1.1398. EURUSD reaction after the data could lead to market testing the nearest supports before finding direction again. This price action is taking place outside the upper daily Bollinger bands which could mean going gets tougher for the bulls. At the same time however, there is support in the weekly charts around 1.1460 (weekly highs) and could mean that Euro bears are careful with their short positioning and leave more room for the bulls to bid prices higher.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

EURAUD nearing a resistance

Forex Analysis
Chart_16-05-02_13-55-53

EURAUD, 60 min

Eurozone Apr manufacturing PMI released earlier today revised up to 105.7 from 105.5 reported initially and versus 105.6 in the previous month. German and French PMIs were actually revised slightly down with the final release, but the Italian PMI jumped to 53.9 from 53.5 against expectations for a decline in confidence. Further confirmation then that the Eurozone recovery is continuing but at a very modest pace and with core countries remaining weak. Especially France continues to underperform despite the stellar GDP result for the first quarter.

EURAUD has touched an area of resistance at 1.5060 – 1.5200 that has seen the sellers to emerge in the past. At the same time the daily Stochastics is getting overbought. In the 60 min chart price action is looking bearish as the latest reactionary high is lower than the one before. Therefore the pair testing a 0.236 Fibonacci level that coincides with the 30 period SMA and lower Bollinger Bands has now a high significance. If buyers emerge now there is still a chance that price could move higher. However, the recent lower high makes it less likely that the support will hold. If the level holds we could see a new attempt on today’s highs but if the support breaks we have a bearish intraday setup. If price moves below 0.236 Fibonacci level (at 1.5039) on a closing basis I will be looking for sell signals at or inside my Sell Area of 1.5053 – 1.5096 with Target 1 at 1.4997 – 1.5018 and Target 2 at 1.4910 – 1.4952. Please, remember that you should always manage your risks. Do not trade based on our analysis unless your own analysis agrees with it and you know how to manage your risks professionally. Please, attend the webinars if you have troubles in understanding how you should take advantage of the analysis that we provide.

Janne Muta

Chief Market Analyst

If you wish to get the latest forex brokers news,you can visit our Top Forex Brokers official website:

http://www.topforexbrokerscomparison.com

About Janne Muta, HotForex’s Chief Market Analyst

jmutaJanne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.

Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.


“My mission is to help you to become a confident and successful trader”

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.