Friday, April 18, 2014

Dinar Rates by Yemens Forex ---- Iraq Dinar $7 USD

Rates ~ by yemens forex :   A friend shared this with me,  thought id share.  I dont know too much about forex and the numbers but from what i gather its comparing the other currencies to the dinar    

http://i1324.photobucket.com/albums/u610/truckerbabe67/RATES_zps3ef89dfc.jpg

http://i1324.photobucket.com/albums/u610/truckerbabe67/RATES_zps3ef89dfc.jpg


and according to this if its the way im thinking,    showing the us dollar  6.99  buy  and 7  sell     so........ would mean about 7 bucks per dinar?    

3 comments:

Jacob said...

Most banks / markets are closed today. Banks facilitate the majority of trading volume especially in Forex market. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility.

Technically, Bearish pressure on the USD is still active while European currency gaining strength. EUR/USD passed 1.3800 – 1.3850 this morning and expected to keep the up trend for a while, next stop for the pair should be around 1.3900 On the other hand USD/CHF seems in weak position and losing momentum, currently trading slightly below 0.8780 and should keep the down fall towards 0.8740 USD/JPY on the other hand is still holding its breath and resisting the bearish pressure to fall below 102.00 after last down trending move to 101.30 Today’s reports from US will decide if both USD pairs future moves.

EUR/GBP is currently the pair to watch, oversold on 4 hours and daily charts with signs of possible medium term and long term start of a bullish wave. 0.8300 holds strong resistance for any future up trending moves for the pair, passing this level would suggest stronger bullish trend.

Technical Details:

USD/CHF:
Major trend for the pair is still down trend, price is showing strong signs of starting a bearish wave after reaching resistance at 0.8820 This expected move is supported by the formation of bearish Engulfing Pattern on daily chart and price being overbought on 4 hours chart. Support levels for the expected bearish move at 0.8780 and 0.8740

Price Action Alert: Price Overbought On 4 Hours Chart

USD/JPY:
Price under heavy bearish pressure and expected to start a bearish wave after rising to 102.30 However, the pair is still resisting this expected bearish fall and trying to recover and move upwards from current support at 102.00 We still prefer to sell but at the moment it’s best to wait for further confirmation.Especially that we have important US reports today and price oversold after forming a reversal Dpji star on daily chart

Price Action Alert: Doji Star Candle & Price Oversold On Daily Chart

GBP/USD:
Price in strong up trend and showing mixed signals, however, the bearish pressure is still strong. The best action is waiting for more conformation signals to follow the expected bearish wave or wait for a new bullish wave to start. We can see a stong bullish breakout candle on daily chart, while price overbought on 4 hours chart. Support for the pair at 1.6750 and 1.6700 while resistance levels at 1.6850 and 1.6900

Price Action Alert: Price Overbought On 4 Hours Chart

EUR/USD:
Price in up trend and the bullish pressure still active. The pair is oversold on 4 hours chart and looking to fill the Gap on daily chart. We recommend buying the pair and riding the bullish wave while we can expect price to find resistance at 1.3900 and we can see strong support around 1.3800

Price Action Alert: Price Overbought On Daily Chart

AUD/USD:
Major trend is up, price currently overbought on daily chart and suggesting possible long term reversal or strong bearish wave. This expected bearish wave is supported by the formation of bearish double inside bar on daily chart, plus price is currently overbought on 4 hours chart. Support for the pair at 0.9340 and 0.9292

Price Action Alert: Bearish Double Inside Bar Pattern On Daily Chart

Conclusion:
Market should be trading in very low or very high volume due to banks holidays and weekend effect, trading major pairs / assets with extreme money management is highly recommended.

Important Economic News:

Banks Holiday, Most Markets Except Asian Market, Time: All Day

Unknown said...

You are absolutely right. I too stayed away from the market during the easter holidays. Thanks for the price alert. I am looking forward to your speculations for the next week. Happy trading to you and my friends at Greenvault FX .

Unknown said...

thanks for this information it really works on me . it enhance my knowledge in trades. my earning are much better then before . thanks for forex traders and providers .