Page 46 of 107 FirstFirst ... 36434445464748495696 ... LastLast
Results 901 to 920 of 2124
  1. #901
    Join Date
    Jul 2013
    Age
    39
    Posts
    112
    Rep Power
    0

    Default

    EUR/JPY analysis for March 21, 2018



    Recently, the EUR/JPY pair has been trading sideways at the price of 130.48. According to the 30M time frame, I found that price has broken the upward channel (bearish pennant) in the background, which is a sign that buying looks risky. I also found a strong downward leg in the background, which is another sign of weakness. My advice is to watch for potential selling opportunities. Downward targets are set at the price of 130.32 and at the price of 129.60.

    Resistance levels:
    R1: 131.30
    R2: 132.20
    R3: 132.65
    Support levels:
    S1: 129.93
    S2: 129.44
    S3: 128.53

    Trading recommendations for today: watch for potential selling opportunities.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  2. #902
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis of NZD/USD for March 22, 2018

    NZD/USD is expected to trade with bullish outlook. The pair is still showing upward momentum after a break-out from a resistance level at 0.7185 (now a key support). Currently, it is trading at levels above both the 20-period and 50-period moving averages while targeting the first upside target at 0.7260 (around the high of March 19). The relative strength index is well directed in the 70s, indicating strong upward momentum for the pair. Upon crossing 0.7260, the next upside target at 0.7280 would come into sight.

    The black line shows the pivot point. Currently, the price is above the pivot point which is a signal for long positions. If it remains below the pivot point, it will indicate short positions. The red lines show the support levels, while the green line indicates the resistance levels. These levels can be used to enter and exit trades.

    Resistance levels: 0.7260, 0.7305, and 0.7350.
    Support levels: 0.7150, 0.7125, and 0.7100.

    Analysis are provided by InstaForex

  3. #903
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Daily analysis of EUR/JPY for March 23, 2018



    EUR/JPY
    The long-awaited bearish bias has already surfaced on this cross. The price plunged yesterday, breaching the supply zone at 129.50 to the downside. The demand zone at 129.00 was tested before the price bounced upwards (temporarily). The demand zone at 129.00 would be tested once again, and get broken to the downside, as the market moves further downwards.

    There is a Bearish Confirmation Pattern in the market, and it has become clearer as price goes further downwards owing to a bearish outlook on the cross. The EMA 11 is below the EMA 56, and the RSI period 14 is below the level 50.

    Analysis are provided byInstaForex.

  4. #904
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Daily analysis of EUR/JPY for March 26, 2018

    EUR/JPY
    The conditions in the market is quite choppy. Although the market is choppy, the bearish trend has been maintained.Price has been going southward since February 5, having lost almost 800 pips since then. Last week, there was a rally attempt in the context of an uptrend, which was halted once the supply zone at 131.50 had been tested.



    Further upward movement was effectively prevented. The market shed 250 pips following that, to test the demand zone at 129.00, and closed below the supply zone at 129.50. The expected weakness in EUR, as well as the bearish outlook on the market, may enable the demand zones at 129.00, 128.50, and 128.00 to be tested this week.

    Analysis are provided byInstaForex.

  5. #905
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Daily analysis of GBP/USD for March 27, 2018

    The pair stays strong in the short-term as the price action is consolidating above the support zone of 1.4136. Currently, GBP/USD is facing off the resistance level of 1.4225, which is the last hurdle ahead of the 1.4269 level and if it manages to break above such area, the bulls could strengthen in the short-term. MACD indicator remains in the positive territory, favoring to the bulls.



    H1 chart's resistance levels: 1.4225 / 1.4269
    H1 chart's support levels: 1.4136 / 1.4061

    Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.4225, take profit is at 1.4269 and stop loss is at 1.4185.

    Analysis are provided byInstaForex.

  6. #906
    Join Date
    Jul 2013
    Age
    39
    Posts
    112
    Rep Power
    0

    Default

    Technical analysis: Intraday level for USD/JPY, March 28, 2018



    Today Japan will not release any Economic Data, but the US will release some Economic Data such as Crude Oil Inventories, Pending Home Sales m/m, Prelim Wholesale Inventories m/m, Goods Trade Balance, Final GDP Price Index q/q, and Final GDP q/q. So, there is a probability the USD/JPY will move with a low to medium volatility during this day.

    TODAY'S TECHNICAL LEVEL:

    Resistance. 3: 106.13.
    Resistance. 2: 105.92.
    Resistance. 1: 105.72.
    Support. 1: 105.45.
    Support. 2: 105.25.
    Support. 3: 105.04.

    Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  7. #907
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis: Intraday Level For EUR/USD, April 02, 2018



    When the European market opens, the US will release the Economic Data such as ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI, so amid the reports, EUR/USD will move in a low to medium volatility during this day.

    TODAY'S TECHNICAL LEVEL:

    Breakout BUY Level: 1.2372.
    Strong Resistance:1.2365.
    Original Resistance: 1.2353.
    Inner Sell Area: 1.2341.
    Target Inner Area: 1.2312.
    Inner Buy Area: 1.2283.
    Original Support: 1.2271.
    Strong Support: 1.2259.
    Breakout SELL Level: 1.2252.

    Analysis are provided byInstaForex.

  8. #908
    Join Date
    Jul 2013
    Age
    39
    Posts
    112
    Rep Power
    0

    Default

    USD/CAD Approaching Support, Prepare For A Bounce.

    USD/CAD is approaching its support at 1.2711 (61.8% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect a bounce, pushing price all the way up to its resistance at 1.2936 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance). We do however have to take note of the intermediate resistance at 1.2830 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance).

    Stochastic (89, 5, 3) is approaching its support at 5.7% where we expect to see a bounce. A bullish divergence in the price has also been identified which contributes to our bullish bias.

    Buy above 1.2711. Stop loss at 1.2636. Take profit at 1.2936.


  9. #909
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Sensation from North Korea

    AUD / USD
    On Friday, the Australian dollar did not give rise to the speculative sentiment of the European and American traders and was fundamentally declined by 10 points on the general unfavorable background of foreign markets. Oil lost in price slightly more than 2%, iron ore -0.08%, copper -0.7%.

    This morning, investors were satisfied with the growth in the construction sector activity from AIG in the March assessment, the growth came in from 56.0 to 57.2 points. The NAB business confidence index will be release tomorrow, as the March forecast showed results of 12 against 9 in February. Also, the stock markets of the APR failed to grow badly today despite the Friday drop in the US market, with the Nikkei 225 + 0.68%, S & P / ASX 200 + 0.37%, and China A50 + 0.26%. The possible optimism is related to Kim Jong-un's statement about the readiness to test the nuclear weapons and to conduct a denuclearization of the Korean Peninsula. The "Australian" currency could possibly grow in the range of 0.7760 / 75.

    * The presented market analysis is informative and does not constitute a guide to the transaction.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  10. #910
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for April 16, 2018

    EUR/NZD is following the expected path and is correcting. The minimum corrective target at 1.6793 has already been tested, but we expected a little more correction closer to the 1.6835 - 1.6860 area will be seen before lower again towards the ideal target near 1.6620. The test of 1.6620 will ideally complete the corrective decline from 1.7162. That said it's possible that a larger correction is developing and if this is the case, a decline to 1.6220 should be expected before a more firm bottom is in place.

    R3: 1.6860
    R2: 1.6820
    R1: 1.6793
    Pivot: 1.6736
    S1: 1.6676
    S2: 1.6620
    S3: 1.6580

    Trading recommendation:
    We are looking for an EUR-selling opportunity at 1.6845.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  11. #911
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Fundamental Analysis of EUR/USD for April 17, 2018

    EUR/USD has been quite impulsive with the bullish gains recently which engulfed the recent bearish pressure with a daily candle yesterday. The volatility in the EURUSD is still quite high and expected to have no definite trend momentum until 1.25 is broken above or 1.21 is broken below. Despite having worse economic reports EUR gained good momentum over USD recently which is expected to push higher in the coming days. Today EUR German ZEW Economic Sentiment report is going to be published which is expected to decrease to -0.8 from the previous positive figure of 5.1, Italian Trade Balance report is expected to show an increase to 2.23B which previously was at -0.09B and ZEW Economic Sentiment report is expected to decrease to 7.3 from the previous figure of 13.4. On the other hand, today USD Building Permits report is going to be published which is expected to increase to 1.33M from the previous figure of 1.30M, Housing Starts is also expected to increase to 1.27M from the previous figure of 1.24M, Capacity Utilization Rate is expected to have slight decrease to 77.9% from the previous value of 78.1% and Industrial Production report is expected to decrease to 0.3% from the previous value of 1.1%. Moreover, today FOMC Member Williams and Quarles is going to speak about the nation's interest rate and monetary policy which is expected to be neutral in nature. As of the current scenario, both currencies in the pair is expected to have mixed economic results today and this week there is no further high impact economic reports or events to push the price into a definite trend but as the EUR is quite stronger in comparison to USD with the market sentiment, further bullish momentum is expected after certain retracement along the way in the coming days.

    Now let us look at the technical view. The price is currently residing above 1.2350 which was recently broken below with a daily close showing good evidence of price proceeding lower. As of yesterday, after having a daily close above 1.2350 does signify previous bearish move as a false break which is currently expected to push the price much higher in the coming days with the target towards 1.2450-1.25 price area. As the price remains above 1.2350 area, the further bullish pressure is expected in this pair.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  12. #912
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis: Intraday Level For EUR/USD, April 19, 2018

    When the European market opens, some Economic Data will be released such as Spanish 10-y Bond Auction and Current Account. The US will release the Economic Data too, such as Natural Gas Storage, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

    TODAY'S TECHNICAL LEVEL:
    Breakout BUY Level: 1.2438.
    Strong Resistance:1.2431.
    Original Resistance: 1.2419.
    Inner Sell Area: 1.2407.
    Target Inner Area: 1.2378.
    Inner Buy Area: 1.2349.
    Original Support: 1.2337.
    Strong Support: 1.2325.
    Breakout SELL Level: 1.2318.

    Disclaimer:
    Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  13. #913
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis: Intraday Level For EUR/USD, April 23, 2018

    When the European market opens, some Economic Data will be released such as German Buba Monthly Report, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. The US will release the Economic Data too, such as Existing Home Sales, Flash Services PMI, and Flash Manufacturing PMI, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

    TODAY'S TECHNICAL LEVEL:
    Breakout BUY Level: 1.2333.
    Strong Resistance:1.2326.
    Original Resistance: 1.2314.
    Inner Sell Area: 1.2302.
    Target Inner Area: 1.2273.
    Inner Buy Area: 1.2244.
    Original Support: 1.2232.
    Strong Support: 1.2220.
    Breakout SELL Level: 1.2213.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  14. #914
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Daily analysis of USDX for April 24, 2018

    USDX is posting fresh multi-day highs above the 200 SMA at H1 chart and the resistance zone of 91.75 could be challenged in coming days, as we're watching a possible breakout of the 90.63 level, which has been proven to be a tough resistance to crack. However, a retracement at the current stage should be limited by the moving average mentioned above.

    H1 chart's resistance levels: 90.63 / 91.75
    H1 chart's support levels: 89.36 / 87.88

    Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bearish candlestick; the support level is at 90.63, take profit is at 91.75 and stop loss is at 89.49.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  15. #915
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis: Intraday Level For EUR/USD, May 02, 2018

    When the European market opens, some Economic Data will be released such as Unemployment Rate, Italian Prelim GDP q/q, Prelim Flash GDP q/q, Italian Monthly Unemployment Rate, Final Manufacturing PMI, Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will release the Economic Data too, such as Federal Funds Rate, Crude Oil Inventories, and ADP Non-Farm Employment Change, so, amid the reports, EUR/USD will move in a medium to high volatility during this day.

    TODAY'S TECHNICAL LEVEL:
    Breakout BUY Level: 1.2050.
    Strong Resistance:1.2043.
    Original Resistance: 1.2031.
    Inner Sell Area: 1.2019.
    Target Inner Area: 1.1991.
    Inner Buy Area: 1.1963.
    Original Support: 1.1951.
    Strong Support: 1.1939.
    Breakout SELL Level: 1.1932.

    Analysis are provided by InstaForex

  16. #916
    Join Date
    Jul 2013
    Age
    39
    Posts
    112
    Rep Power
    0

    Default

    Technical analysis on USDX for May 4, 2018

    The Dollar index has broken out of the bullish channel. Price has been giving bearish divergence signs in the RSI for the last few days while it was making higher highs and higher lows. With Non Farm Payrolls expected today, traders should be very cautious and wait to act until after the announcement.



    Blue lines - bullish channel

    The Dollar index above the Ichimoku cloud. Trend remains bullish. However we have two warning signs. The break below the channel and the bearish divergence in the RSI. Short-term support is at 92.15 and next at 91.40. I expect a major trend reversal to occur today or early next week to the downside. I would not be buying the index around current levels but look for selling.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  17. #917
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Pound and the euro continue to fall

    Despite good industrial production figures in Germany for March of this year, the European currency continued its decline against the US dollar and a number of other world currencies on Tuesday morning. The speech of the chairman of the Fed was taken by traders with a certain optimism. Although, Powell did not touch on the conditions of monetary policy but instead spoke more about its impact on other developed economies of the world.

    According to the report of the Federal Bureau of Statistics of Germany, industrial production in March 2018 grew by 1.0% compared with February, while economists expected an increase of 0.8%. As stated in the report, the main reason for the growth was the increase in production of capital goods. Compared with March 2017, industrial production in Germany increased by 3.2%.

    Good data from Germany, after the disastrous beginning of the year, instilled some optimism in investors, but, as we see on the EURUSD chart, this is not enough.

    The morning speech by the Chairman of the Federal Reserve, Jerome Powell, had a positive effect on the quotes of the US dollar. Powell said that despite the Fed's repeated increase in rates since December 2015, financial conditions in the US have become less stringent, while monetary stimulus has had only a relatively limited impact on the flow of capital in emerging economies in recent years. He also noted that the Fed, as much as possible, clearly intends to talk about the prospects of politics in order to avoid unrest in the markets.

    As for the technical picture of the EURUSD pair, the downtrend persists and so far there are no prerequisites for a reversal. The breakdown at the support level of 1.1890 opens up new prospects for updating the lows in the areas of 1.1830 and 1.1790. The main goal now will be the level of the minimum of December 12, 2017 which is the level of 1.1717.

    The British pound grew reluctantly but returned to the lower boundary of the side channel, which also indicates the continued downward trend in the trading instrument. Pressure on the pound in the first half of the day could be formed by statements of British Foreign Secretary Boris Johnson. During the interview, Johnson expressed his dissatisfaction with the plan of the customs agreement, which was proposed by Prime Minister Theresa May and which should enter into force after Brexit.

    According to the minister, the variant of the customs agreement contradicts everything that the UK aspired to by agreeing to Brexit and leaving the EU, since the preservation of import duties in favor of the EU will retain control over trade policy and laws.

    Analysis are provided by InstaForex

  18. #918
    Join Date
    Jul 2013
    Age
    39
    Posts
    112
    Rep Power
    0

    Default

    GBP/JPY Reversed Nicely Off Resistance, Remain Bearish

    GBP/JPY reversed off its resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect prices to drop to its support at 147.14 (horizontal swing low support)

    Stochastic (89, 5, 3) is reversed off its resistance at 96% where it has a lot of corresponding downside potential.

    Sell 149.20. Stop loss at 150.01. Take profit at 147.14.




    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  19. #919
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Correction potential in the euro can be restrained

    The upward correction in the European currency continued on Friday amid a lack of good fundamental statistics on the US economy, as well as rather restrained statements by the representatives of the Federal Reserve, in particular James Bullard, who stated that it was necessary to "slow down" with the increase in rates.

    According to the University of Michigan, consumer sentiment in the US in May remained unchanged. Despite the fact that the index is preliminary, the lack of growth in consumer confidence could negatively affect the economy in the second quarter of this year.

    Thus, the leading index of consumer sentiment at the University of Michigan in May this year was 98.8 points, unchanged from April. Economists had expected the index to be 98.0 points. Let me remind you that in March the mood index rose to 101.4 points, and then began its decline.

    As noted above, the speech of the representative of the Fed Bullard was of a rather interesting nature. Despite the fact that the US economy is in very good condition and there are no problems with inflation growth above 2% the regulator will not, Bullard is concerned that two more rate hikes this year could lead to a coup in the yield curve of government bonds.

    In his view, it is wrong to assume that a reversal of the yield curve will not lead to serious changes in the market. In this connection, the official of the Federal Reserve indicated that he will express his disagreement with the further increase of interest rates this year.

    His colleague in the role, Loretta Mester, was more optimistic. In her opinion, the Fed may have to make their policies deterrent, as the neutral interest rate increases. However, improving economic prospects will be a strong argument in favor of further tightening of monetary policy, as this will prevent overheating of the economy.

    Mester is sure that the prospects for the economy are positive, and the level of full employment has been reached in the labor market.

    As for the technical picture of the EURUSD pair, buyers of risky assets have already formed a fairly large upward wave, which led the trading instrument to the resistance level area of 1.1980. Only its breakthrough will serve as a new impetus to the opening of long positions in the expectation of updating the highs of 1.2020 and 1.2070.

    If the bulls are not so persistent, and in the resistance area 1.1980 there will be a drop in demand for risky assets, another attempt to return to the market of large sellers with the removal of stop orders of buyers below the support of 1.1930 is not ruled out.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided by InstaForex

  20. #920
    Join Date
    Jun 2013
    Age
    38
    Posts
    4,044
    Rep Power
    0

    Default

    Technical analysis of GBP/JPY for May 17, 2018

    The GBP/JPY at 4-Hour Charts seem already making higher highs and higher lows after the MACD Divergence with the price but this pair now getting struggles with the Support Become Resistance level at 149.11 events now this pair already breakout above those level now the GBP/JPY must test the 149.11 level first as their new Support before they can go up, this condition already confirmed by the William %R(14) already at Overbought side. So this pair in a short time manner will be going down to test the 149.11 level.

    Analysis are provided by InstaForex

Similar Threads

  1. Forex News from InstaForex
    By InstaForex Gertrude in forum Advertisement Place
    Replies: 2103
    Last Post: 16-02-24, 10:27
  2. Forex Technical & Market Analysis FXCC
    By alayoua in forum Advertisement Place
    Replies: 4
    Last Post: 07-07-16, 00:25
  3. Weekly technical analysis for 3 - 7.12, 2012
    By bellalca in forum Affiliate program networks
    Replies: 0
    Last Post: 04-12-12, 07:09

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
webmaster forums webmaster resource forum webmaster money forums