Page 50 of 50 FirstFirst ... 4047484950
Results 981 to 999 of 999
  1. #981
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for September 12, 2018

    The 1.7820 targets have now been tested. The question is whether this was the top of red wave iii and a correction in red wave iv is needed now? We have seen a quite massive negative divergence being build in the run higher to 1.7820, so it should come as no surprise if a minor correction in red wave iv is about to begin. A break below 1.7738 will indicate this is the case.

    That said, the rally to 1.7820 only represents the minimum extension target of red wave i. Therefore, we have to be equally ready for this extension to continue towards the next extension targets at 1.7954 (the 200% extension of red wave i) or even higher to the 261.8% extension target of red wave i at 1.8184.
    R3: 1.7954
    R2: 1.7900
    R1: 1.7825 Pivot: 1.7738
    S1: 1.7678
    S2: 1.7629
    S3: 1.7590

    Trading recommendation:
    We are long EUR from 1.7330 and we will move our stop higher to 1.7730.

    Analysis are provided by InstaForex

  2. #982
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Intraday technical levels and trading recommendations for GBP/USD for September 13, 2018

    The recent bearish movement of the GBP/USD has shown signs of weakness since September 5 when an ascending bottom was established around 1.2800

    The GBP/USD pair is currently testing the depicted downtrend line which comes to meet the pair around 1.3025-1.3090.

    This price zone (1.3025-1.3090) corresponds to 50% and 61.8% Fibonacci levels where evident bearish rejection should be anticipated.

    As long as sings of bearish rejection are demonstrated below 1.3020 (50% Fibo level), the short-term outlook remains bearish towards 1.2840 and 1.2780.

    On the other hand, successful bullish breakout above 1.3090 will probably hinder the current bearish movement allowing further bullish advancement to occur towards 1.3200, 1.3250 and 1.3315.

    Analysis are provided by InstaForex

  3. #983
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for September 24, 2018

    EUR/NZD should stay above the peak of red wave i at 1.7488 for the next impulsive rally towards 1.8031. If an unexpected break below 1.7488 is seen, the we will have to make a recount of the rally from 1.6534 and count the rally as a series of waves ones and twos. This is not our preferred count, but it remains a possibility as long as re stay below 1.7783. A break above here will confirm that the next impulsive rally is developing higher towards 1.8030 and longer term closer to 1.8369.

    R3: 1.7711
    R2: 1.7680
    R1: 1.7650
    Pivot: 1,7620
    S1: 1.7586
    S2: 1.7539
    S3: 1.7488

    Trading recommendation:

    We are long EUR from 1.7615 with our stop placed at 1.7515. If you are not long EUR yet, the wait and buy a break above 1.7680 and start by using a stop, just below the most recent low.

    *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

  4. #984
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for September 28, 2018

    The daily trading range is getting smaller and smaller, indicating that energy is building for the next larger move towards the upside. A break above minor resistance at 1.7685 will be the first good indication, that the next impulsive rally towards 1.8030 is developing, while a break above resistance at 1.7732 will confirm this rally is well underway. Support at 1.7580 should continue to protect the downside for the expected break above 1.7685 and above.

    R3: 1.7823
    R2: 1.7783
    R1: 1.7732
    Pivot: 1.7685
    S1: 1.7651
    S2: 1.7626
    S3: 1.7580

    Trading recommendation:

    We are long EUR from 1.7615 with our stop placed at 1.7515. Upon a break above 1.7732 we will move our stop higher to 1.7575. We will take profit on half our position at 1.8000.

    Analysis are provided by InstaForex

  5. #985
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Trump won an important victory - concluded a new trade agreement with Canada and Mexico

    At the last moment, one day before the expiration of the NAFTA agreement, the representatives of the USA and Canada managed to reach an agreement. A new trade agreement between the US, Mexico, and Canada was formed - the USMCA agreement (by the names of the participating countries).

    Trump managed to get from Canada concessions on access to the Canadian dairy market for US farmers, as well as, for car manufacturers and on the protection of intellectual property.

    This is a very important success for Trump - before the by-election to Congress in November, against the backdrop of the extremely tough US-China trade war unleashed by Trump. Just a week ago, the United States introduced duties for 200 billion dollars of goods from China in response to 60 billion dollars of goods from the United States.

    Trump is critical that Republicans win in November and retain a majority in the lower house of Congress. Otherwise, Trump will become a "lame duck" two years before the US presidential election and the mood of voters is determined by the economy.

    The US-Canada-Mexico market is huge, amounting to $ 1 trillion of Import-exports per year.

    Analysis are provided by InstaForex

  6. #986
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for October 8, 2018



    There was no time for a correction and EUR/NZD is moving directly higher towards the next target at 1.8030. Support is now seen at 1.7800 and again at 1.7758, only a break below the later support will indicate a deeper correction towards 1.7643 unfolding, before the next advance towards the 1.8369 target.

    R3: 1.8100
    R2: 1.8030
    R1: 1.7900
    Pivot: 1.7800
    S1: 1 7758
    S2: 1.7692
    S3: 1.7642

    Trading recommendation:
    We are long half a position from 1.7500 and we will move our stop higher to 1.7725.

    Analysis are provided byInstaForex.

  7. #987
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for October 11, 2018



    The break above resistance at 1.7847 told us that the corrective decline from 1.7929 had completed prematurely and a new impulsive rally towards 1.8030 and 1.8369 should be unfolding.

    Despite our expectation of a new impulsive rally towards 1.8030, we should be aware of the possibility of a more complex correction unfolding, but the minimum upside target should be 1.7929 if a larger flat correction is in the making.

    R3: 1.8030
    R2: 1.7960
    R1: 1.7929
    Pivot: 1.7882
    S1: 1.7835
    S2: 1.7800
    S3: 1.7774

    Trading recommendation:
    We are long EUR from 1.7847 and we will place our stop at 1.7780. Upon a break above 1.7882 will will move our stop to break-even at 1.7847.


    Analysis are provided byInstaForex.

  8. #988
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/JPY for October, 2018

    EUR/JPY has seen a low at 129.12 and we are now looking for a break above minor resistance at 129.80 and more importantly a break above short-term important resistance at 130.51. It will confirm that blue wave (2) has completed and blue wave (3) towards 138.10 is developing.
    Support is now seen at 129.34 and then at 129.12.
    R3: 130.85
    R2: 130.51
    R1: 130.05
    Pivot: 129.80
    S1: 129.34
    S2: 129.12
    S3: 128.99

    Trading recommendation: We will buy EUR at 129.10 or upon a break above 129.80.

    Analysis are provided by InstaForex

  9. #989
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    GBP/USD. October 15th. Results of the day. The fate of the pound may be decided at the summit on October 17-18

    4-hour timeframe

    The amplitude of the last 5 days (high-low): 105 p-117 p-79 p-66 p-111 p.

    Average amplitude over the last 5 days: 96 PT (97 p). The British pound opened today with a large "gap" down, but managed to close it during the day.

    In principle, the technical picture of the last two days for EUR/USD and GBP/USD pairs is the same. The only difference is that the pound is more volatile. At the moment, the price has consolidated back above the Kijun-sen line, which may mean the completion of a deep correction and the resumption of an uptrend. However, the MACD indicator is still pointing down (!!!), which is due to the formation of a "gap" at the opening of the market. Thus, the indicator readings are simply incorrect now. As for the fundamental component, in addition to the report on retail sales in the US, which slightly increased the demand for the pound during the day, there is nothing to note today. Even no new rumors about Brexit has not been received. Thus, market participants are fully focused on the summit, which will be held on 17-18 October, and which is highly likely to be either signed an agreement or negotiations will fail completely. Of course, everyone, especially traders, now believe that the "deal" will be signed. But we think the odds are about 50/50. If the parties could easily concede on the Northern Ireland border, they would have done so long ago. Nobody wants to give in, and Britain needs the "deal" first. But additional concessions to the European Union will lower Theresa May's political ratings even more. Not everyone is happy with her rule and negotiations in the UK.

    Trading recommendations:

    The GBP/USD currency pair seems to have completed the correction, but the breakdown of the Kijun-sen line may be false, given the nature of the next bar. Thus, now it is recommended to hurry with the opening of new longs, it is better to wait for clarification of the situation.

    Sell positions are relevant as long as the price is below the Kijun-sen line. But MACD did not react to the upward correction and now can not signal its completion with a turn down.

    In addition to the technical picture should also take into account the fundamental data and the time of their release.

    Explanation of the illustration:

    Ichimoku indicator:

    Tenkan-sen - the red line.

    Kijun-sen - the blue line.

    Senkou Span A - light brown dotted line.

    Senkou Span B - light purple dotted line.

    Chinkou Span - green line.

    Bollinger Bands indicator:

    3 yellow lines.

    MACD Indicator:

    Red line and histogram with white bars in the indicator window.

    News are provided by InstaForex

  10. #990
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    GBP/USD: turned away from the pound

    Wednesday's trading day is marked by uncertainty. The dollar is gaining momentum ahead of the publication of the latest minutes of the Federal Reserve, and the pound and defensive instruments are waiting for the outcome of the EU summit. General nervousness plays in favor of the US currency, especially after the recovery of the US stock market. The British currency, in turn, is not only under the pressure of negative rumors about Brexit, but also due to the slowdown of inflation indicators. There was no trace of yesterday's optimism, after which the GBP/USD pair headed towards the 30th figure.

    Meanwhile, there are no results of the key summit yet: only a working dinner will be held tonight, while Theresa may is holding bilateral meetings with its participants. Therefore, the main statements will be announced or closer to the night or (most likely) by tomorrow. But the pound is already getting cheaper throughout the market, as negative forecasts regarding the Brussels meeting began to prevail in the information field. For example, German Chancellor Angela Merkel said today that Germany has begun preparations for a chaotic Brexit, as the issue of the Irish border remains an insurmountable stumbling block. The head of the European Council Donald Tusk yesterday took a similar position, adding that the probability of "hard" Brexit is high as ever.

    Representatives of other countries are less categorical, but most of them are wary of the upcoming negotiations. Increasingly, there are thoughts that the parties need a time gap until November, December or even January. It is difficult to say whether the rhetoric of the Europeans is a "strategic maneuver" on the eve of the main negotiations, but, apparently, the parties do not really expect any breakthrough from the October meeting.

    According to a number of experts, there is an elementary "game of nerves": despite the fact that the parties planned to reach a compromise in September, the so-called "red line" is still relatively far away. Therefore, so far it is possible to exhaust each other with threats of chaotic Brexit with all the ensuing consequences. Such behavior is a risk, as after another failure in Brussels under Theresa May could once again stagger the prime minister's chair, not only in opposition to the labour, as there are many representatives of the Conservative Party who oppose her.

    Analysis are provided by InstaForex

  11. #991
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Elliott wave analysis of EUR/NZD for October 22, 2018



    EUR/NZD dipped to 1.7356 (just below our possible downside target at 1.7357). We will now be looking for a break above the resistance-line near 1.7495, and more importantly, a break above the resistance at 1.7557 to confirm that the red wave ii/ has completed and the red wave iii/ towards 1.8345 is developing. Support is now seen at 1.7381 and at 1.7356.

    R3: 1.7598
    R2: 1.7557
    R1: 1.7495
    Pivot: 1.7475
    S1: 1.7450
    S2: 1.7409
    S3: 1.7381

    Trading recommendation:
    We will buy a break above the resistance at 1.7495, while our stop will be placed at 1.7345.

    Analysis are provided byInstaForex.

  12. #992
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    GBP/USD. Pound stumbled over Brexit again

    The pound paired with the dollar after a slight recovery has once again collapsed into the area of the 29th figure, reacting to the negative news background around Brexit.

    The immediate reason for the decline in the GBP/USD was the news that the deputies from the Democratic Unionist Party (DUP) together with the conservatives (or rather – some of them) will vote for the draft law that will make the EU proposals on the Irish border illegal. In this case, negotiations on Brexit are highly complicated, and the probability of a chaotic "divorce" from the EU without a deal will increase.

    Let me remind you that Brussels is lobbying for the idea of leaving Northern Ireland within the framework of a single European market and a customs union – temporarily, until the parties come to a compromise on this issue. In Britain, many do not agree with this scenario – according to some conservatives, such a decision would be contrary to the constitutional principles of the country and would de facto violate its territorial integrity. Theresa May and the deputies who support her are also not happy with this idea, but are discussing this option among others. Therefore, representatives of the most "hawkish" wing of the Parliament plan to exclude such a scenario at the legislative level. Previously, only a few dozens of conservatives were discussed, but today it has become known that the Democratic Unionist Party will support this legislative initiative.

    Analysis are provided by InstaForex

  13. #993
    Join Date
    Jul 2013
    Age
    33
    Posts
    60
    Rep Power
    0

    Default

    Technical analysis of Gold for October 24, 2018

    Gold price broke above the triangle pattern as we expected and reached $1,240. Price is now pulling back down towards the break out area. Holding above it is a bullish sign. Breaking below $1,220 would confirm the end of the upward move and the start of a new down trend.



    Green lines - triangle pattern (broken upwards)

    Black rectangle - major support

    Gold price is in a bullish short-term trend. Price broke above the triangle pattern and is now trading above the break out level. Gold price could continue its move higher towards $1,250-60 as long as it does not fall below $1,220. Bulls should raise their stops to protect gains.

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

  14. #994
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Gold spreads its wings

    The high demand for safe-haven assets allowed gold to break a crucial inverse correlation with the US dollar. For a long time, the precious metal was in the shadow of the US currency, but the favorable geopolitical situation and the breakthrough of the upper limit of the medium-term consolidation range of $1185-1215 per ounce allowed the bulls to resist the USD index, which still feels confident. It should show the weakness of the dollar, gold immediately go up. So it was at the auction on October 23, when Donald Trump took the old and criticized the current chairman of the Federal Reserve. The president believes that Jerome Powell is experiencing bouts of happiness when he raises the Federal funds rate. An unusual approach that made financial markets smile.

    Overly inflated net shorts on the precious metal, increased demand for gold as a tool to hedge the volatility of stock indices and moderately negative medium-term prospects of the "greenback" are the key drivers of growth of XAU/USD. As the midterm elections in the U.S. are approaching, the growth of political risk is able to rein in bulls in the USD index. It is likely that the Democrats will celebrate the victory in the house of representatives, which increases the risks of impeachment. This is well understood by Donald Trump, who threw the voters a bone in the form of potential tax cuts for the middle class. I don't think that's gonna be enough to save the Republicans. Uncertainty will contribute to the growth of volatility of the US stock market and will force some speculators to withdraw from the dollar. But it was the strength of the US currency that prevented gold from breathing quietly for most of the year.

    Dynamics of gold and the US dollar

    For a long time, precious metals turned a blind eye to trade wars, Brexit and the Italian political crisis. All these events are regarded as a positive external background for safe haven assets, which investors suddenly remembered in October. As a result, speculative demand for gold, Japanese yen and Swiss franc increased. At the same time, the inability of the analyzed asset to break the lower limit of the consolidation range of $1185-1215 per ounce was the reason for the closure of net short positions by hedge funds. They got rid of them at the fastest pace since March. However, the indicator is not far from the record highs, and its further reduction can raise the quotes of the XAU/USD higher.

    Gold, daily chart

    Analysis are provided by InstaForex

  15. #995
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    GBP/USD Forecast for 29 October 2018

    GBP/USD

    On Friday, the British pound grew by 13 points. The growth was stopped by the downward embedded line in the price channel. At the moment, the price is still testing this line with the support of the upward convergence on the chart of the lower timeframe. If the price manages to overcome this resistance, then a corrective price growth to the level of 1.2936 is possible - this is the low on October 23, and the Krusenstern line converges to this point both on the four-hour chart and on the daily chart.

    The low of yesterday (1.2776) becomes the control level. Its overcoming will lead to a further decline in the price to the lower border of the channel in the area of 1.2618.


    Analysis are provided by InstaForex

  16. #996
    Join Date
    Jul 2016
    Posts
    99
    Rep Power
    0

    Default

    Frankly speaking, it is just not possible to succeed without analysing and that accurately. But then it is no walk in the park either, so great effort goes into this and only then it is realistically a possible thing for anyone to succeed on with.

    I have my measurements easy through gold and silver price forecast 2018 follow up of experts. One should always try to go with system that’s proven and worthy, it is the way towards achieving greater results and that with ease.

  17. #997
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Intraday technical levels and trading recommendations for GBP/USD for November 5, 2018

    Since September 13, the GBP/USD pair has been demonstrating a successful bullish breakout above the depicted daily downtrend line which came to meet the pair around 1.3025-1.3090.

    On September 21, GBP/USD failed to demonstrate sufficient bullish momentum above 1.3296. The short-term outlook turned to become bearish within the depicted H4 bearish channel to test the backside of the broken uptrend.

    Bearish persistence below the price level of 1.2970 (50% Fibo level) enhanced a further decline towards 1.2790 where the lower limit of the movement channel and 79.8% Fibonacci Level were located.

    On H4 chart, the GBP/USD pair looked oversold around the price levels of 1.2700. BUY entries were suggested around the lower limit of the depicted H4 channel (1.2690).

    For the bullish daily breakout scenario to remain valid, bullish persistence above 1.2790 (the depicted channel upper limit) and an early breakout above 1.3000 (50% Fibo level) are needed to maintain sufficient bullish momentum.

    That's why, bullish persistence above the price zone of 1.2970-1.3000 (50% Fibonacci zone) is mandatory for a further rise towards 1.3130 and 1.3200.

    On the other hand, bearish breakout below 1.2970 (50% Fibo level) allows further decline towards 1.2790 and 1.2660.

    Analysis are provided by InstaForex

  18. #998
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    Technical analysis: Intraday level for USD/JPY, Nov 06, 2018

    In Asia, Japan will release the Household Spending y/y and the US will release some Economic Data such as 10-y Bond Auction, IBD/TIPP Economic Optimism, and JOLTS Job Openings. So there is a probability that the USD/JPY pair will move with a low to medium volatility during this day.

    TODAY'S TECHNICAL LEVEL:
    Resistance. 3: 113.88.
    Resistance. 2: 113.63.
    Resistance. 1: 113.43.
    Support. 1: 113.16.
    Support. 2: 112.94.
    Support. 3: 112.72.

    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.

    Analysis are provided by InstaForex

  19. #999
    Join Date
    Jun 2013
    Age
    33
    Posts
    2,225
    Rep Power
    0

    Default

    The Fed's November meeting: waiting for hints about the December hike

    After the announcement of the first results of the elections to the US Congress, the dollar was under considerable pressure, as the lower and upper houses of the legislature were divided between Democrats and Republicans. The dollar index slipped to 95.55 points, reflecting the weakening of the currency in all dollar pairs. The possible imbalance of the American political system has frightened traders - especially against the background of loud statements of Democrats concerning new investigations concerning the president, as its results could even lead to impeachment.

    In other words, on the one hand, he admitted the defeat of the Republicans in the House of Representatives, but on the other hand, hinted that now the Democrats have legislative levers that should be used not for their political purposes ("digging" for the Republican President), but "for the benefit of the American people." The willingness of Trump to dialogue pleased the traders, after which the dollar regained its position - in particular, the EUR/USD pair moved away from daily highs (1,1500) and ended the trading day at 1.1425.

    In particular, we are talking about the weak dynamics of consumer spending, as well as the decline in the US housing market: in September, the pace of housing construction in the US significantly decreased, and the corresponding figures fell to three-year lows in the southern states. Activity in the country's manufacturing sector also decreased: the number of new orders fell to 1-a-year lows. Thus, in October, the ISM index fell to 57.7 points, while in September this indicator came out at the level of 59.8. Strong Nonfarm, on the one hand, speak about the strengthening of the labor market, but, on the other hand, there is its own "fly in the ointment". An analysis of the Fed's recently published Beige Book suggests that there is a shortage of labor (especially skilled labor) in many regions of the country. Although this nuance is secondary, it can still be taken into account by Fed members.

    Thus, the results of the November meeting of the Federal Reserve should: a) confirm the intention of the members of the regulator to raise the interest rate in December; b) outline the future prospects of monetary policy. And if the first point is indicated more or less clearly in the accompanying statement, then the outlines of the long-term prospects will have to be "deciphered" by the traders themselves on the basis of the general tone of the text.

    Analysis are provided by InstaForex

Similar Threads

  1. Forex News from InstaForex
    By InstaForex Gertrude in forum Advertisement Place
    Replies: 1339
    Last Post: Yesterday, 09:50
  2. Forex Technical & Market Analysis FXCC
    By alayoua in forum Advertisement Place
    Replies: 4
    Last Post: 06-07-16, 23:25
  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
  •  
affiliate program forum webmaster forums webmaster resource forum webmaster money forums