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EUR/USD: bearish "Flag" 1/9//2017 There’s a “Double Top”, which has been confirmed, so we’ve got an upward price movement. The Moving Averages are acting as a support. Therefore, the market is likely going to decline towards the next support at 1.0461 – 1.0427. If a pullback from this area...

EUR/USD: bears are launching an attack 1/9/2017 On the daily EUR/USD chart, another attempt of the bulls to break above the descending channel has failed. Return to support at 0.0480 and further decline below it will strengthen the chance of falling towards 1.0390 and 1.0230 (113% and 127.2%...

NZD/USD: bears are restorting control 1/9/2017 On the daily NZD/USD chart, after the pair has recoiled to 23.6% Fibo it keeps forming the "Ideal butterfly" pattern. The bears remain in control. This is confirmed by the fact that the quotes stay within the descending channel. On H1, the bulls...

EUR/USD ahead of German data (November): 200 SMA as the next key support 1/9/2017 Today at 07:00 GMT will be released a bunch of data from Germany, headlined by the Trade Balance (November), which should see an increase to 21.2B from 20.5B. The retail sales can register today a significative...

Key option levels for Monday, January 9th 1/8/2017 * Data about changes in the open interest will be available on Monday after 12:00 CT (Central Time) EUR/USD Main trend Short-term period Medium-term period Bearish Neutral Changes in the open interest + 206 835 ? + 333 594 ...

Your volatility calendar for January 1/6/2017 January 6, 15:30 MT time US Nonfarm Payrolls This report is the strongest Forex market mover. The indicator shows how many jobs were created in the US during the past month. Along with NFP the US Department of Labor will publish unemployment rate...

USD/JPY: bears going to test the nearest support once again 1/6/2017 We’ve got a “Shooting Star”, a “High Wave” and a “Harami”, which all have been confirmed. Therefore, the market is likely going to test a support by the 21 Moving Average. If a pullback from this line happens, there’ll be an...

EUR/USD: zigzag in wave (ii) 1/6/2017 Wave (ii) seems to be ended, so if we have a pullback from 3/8 MM Level, there’ll be an opportunity to have another bearish impulse in wave (iii). The main intraday target is still -1/8 MM Level. As we can see on the one-hour chart, wave (ii) took form...

AUD/USD reached buy target 0.7320 1/6/2017 AUD/USD reached buy target 0.7320 Next buy target - 1.0060 AUD/USD continues to rise sharply after the recent breakout of the resistance level 0.7320 (which was set as the buy target in our earlier forecast for this currency pair). The breakout of...

NZD/USD broke resistance level 0.698 1/6/2017 NZD/USD broke resistance level 0.6980 Next buy target - 0.7100 NZD/USD continues to rise strongly inside the c-wave of the minor ABC correction 4 from the end of December. The price earlier broke through the resistance level 0.6980 (top of the...

EUR/USD: "Window" going to act as a resistance 1/6/2017 We’ve got a “High Wave” and an “Engulfing”, which both have been confirmed. So, the price is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there’ll be an opportunity to have a local...

USD/JPY: bears tested SSB’s support 1/6/2017 Technical levels: support – 115.80, 115.15; resistance – 116.40, 116.80. Trade recommendations: 1. Sell — 116.80; SL — 117.00; TP1 — 115.80; TP2 — 115.15. Reason: narrowing bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen...

EUR/USD: Euro tries to breakout SSB 1/6/2017 Technical levels: support – 1.0550; resistance – 1.0610, 1.0655. Trade recommendations: 1. Buy — 1.0550; SL — 1.0530; TP1 — 1.0655; TP2 – 1.0700. Reason: narrow bearish of Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and...

Key option levels for Friday, January 6th 1/6/2017 EUR/USD Main trend Short-term period Medium-term period Neutral Neutral Changes in the open interest + 44 152 ? + 112 422 ? Closest resistance levels 1.0624; 1.0648; 1.0669/79; 1.0703 Closest support levels 1.0558...

GBP/USD: bears going to test Moving Averages 1/6/2017 Bulls found a resistance at 1.2418, which is straightened by the 89 Moving Average. Also, there’s a “Double Top”, so the price is likely going to reach the 34 Moving Average in the short term. At the same time, if a pullback from this line...

EUR/USD: "Double Top" stopped bullish rally 1/6/2017 There’s an upward correction, which is taking place on the four-hours chart. Bulls have broken the downtrend, so the price is consolidating. Therefore, the market is likely going to decline towards a support at 1.0552 – 1.0524 in the short...

USD/JPY & US NFP (December): Will the USD restart the bullish bias today? 1/6/2017 Today at 13:30 GMT will be released the numbers from the Non-Farm Payrolls for December. The NFP data comes strong following a strong gain posted in November, where the US economy added 178,000 jobs, while the...

Your volatility calendar for January 1/5/2017 January 6, 15:30 MT time US Nonfarm Payrolls This report is the strongest Forex market mover. The indicator shows how many jobs were created in the US during the past month. Along with NFP the US Department of Labor will publish unemployment rate...

USD/CHF reached sell target 1.0200 1/5/2017 USD/CHF reached sell target 1.0200 Next sell target - 1.0060 USD/CHF continues to fall after the recent breakout of the support level 1.0200, which was set as the sell target in our previous forecast for this currency pair. The breakout of this...

EUR/USD reversed from strong support level 1.0400 1/5/2017 EUR/USD reversed from strong support level 1.0400 Next buy targets - 1.0600 and 1.0660 EUR/USD continues to rise after the recent upward reversal form the support zone lying between the strong round support level 1.0400 and the lower...