Please be aware that other site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab. Please be aware that the external site policies will differ from our website terms and conditions and privacy policy.
Credit facilities Back.
Week Ahead: Where do we start?
Trade services Back. Getting Started Back. Insights and Awards Back. Support and Resources Centre Back. HSBC websites Back.
Week Ahead: Where do we start?
Skip to: Country and language selector Primary navigation Main Content. Personal Business Corporate Search. Hong Kong. Bahasa Indonesia.
Currencies/Events to Watch this Week
New Zealand. Sri Lanka. Channel Islands and Isle of Man. Czech Republic. South Africa. About Commercial Cards Enjoy free access to over 70 Plaza Premium Lounges worldwide and other card privileges for making business travel more rewarding. About Deposit and Investment Maximise returns from surplus funds with time deposit accounts and capitalise on market opportunities by trading securities online. About Exports Get faster access to payments and improve cash flows while also managing the risks associated with international trade more effectively.
About Imports Get access to working capital and provide suppliers payment assurances to keep sales and supply chains moving smoothly. About Receivables Finance Trade on open account terms with confidence and turn receivables into cash faster by collecting a percentage of invoices upon issuance. About International and Domestic Payments Make payments at home and around the world with a range of convenient domestic, cross-border and Asia Pacific specific options. About Receivables Services Accelerate funds availability and improve cash flows with multiple collection channels while consolidating information to simplify reconciliation and improve decision-making.
About Fixed Income Earn regular interest income and preserve capital with Certificates of Deposit CDs and bonds available in a variety of currencies.
Juan Manuel carries out research and analysis focused on G currencies for the Foreign Exchange Strategy group. With more than 10 years of experience in Hong Kong, Shanghai, and most recently Singapore, Gao brings profound knowledge of regional FX markets and a deep understanding of the complex factors driving them. He is also well known in the currency markets for his frequent media commentaries and often earns top rankings by Bloomberg. He is also a certified Financial Risk Manager. Below, find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook.
Global Foreign Exchange Market Reports. And trading against the trend, needless to say, is a recipe for disaster.
- Market News.
- inside bar trading strategy in hindi.
- Forex Blog | Weekly Forex Analysis?
A weekly trading system is likely to produce better results. Forex trading is ultimately about trading with the trend or momentum, and using specific technical indicators on a weekly chart can help you stay on top of the direction of momentum and not get caught up in trading on minor shifts within the bigger trend. If you take a look at any given forex chart, you'll notice a currency pair rarely oscillates up and down statically.
Technical Analysis
There's almost always some larger overall rising or falling trend. This larger trend is the forex equivalent of Newton's First Law of Motion: objects that are in motion tend to stay in motion unless acted upon by some external force. A currency that's rising in value will probably have many small ups and downs along the way but will do so within a larger, more consistently rising trend that continues until some market event or external political or economic event brings the trend to a halt.
A winning trade involves a certain momentum that doesn't guarantee but suggests that the next move will be in the same direction. In addition to enabling traders to better see the larger trend picture, weekly charts have the added advantage of being less labor-intensive than daily or intraday charts.
NY Fed's Williams speaking
Traders who develop a weekly trading system can spend more time away from their monitors. Four technical indicators can be especially helpful in identifying trends and trading opportunities in a weekly forex chart.
It's not terribly common for all momentum indicators to point in the same direction on a given weekly chart; sometimes you'll need to wait to make a trade until they're more favorable in aggregate.