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AUD/NZD broke support level 1.0600 11/2/2016 AUD/NZD broke support level 1.0600 Next sell target - 1.0470 AUD/NZD continues to fall sharply inside the minor impulse wave (iii), which belongs to impulse 3 - which started earlier – when the pair reversed down from the resistance zone lying...

Markets are kindly disposed towards Aussie, but for how long? 11/2/2016 The Aussie is trading higher against other major currencies. There are at once several contributors to the recent AUD growth. Perhaps the most significant one is tremendous commodity prices rises that delivered a boost to...

GBP/USD: flat inside "Rectangle" 11/2/2016 There’s a “Rectangle”, so the current consolidation is likely going to be continued in a range of this pattern. So, bulls are likely going to test the 55 Moving Average. If a pullback from this line arrives, there’ll be an opportunity to have a...

EUR/USD: bulls broke Moving Averages 11/2/2016 The price is rising, but bulls faced a resistance at 1.1087, so we’ve got a local correction. Therefore, the market is likely going to reach the next resistance at 1.1103 in the short term. If a pullback from this level happens, there’ll an...

Key option levels for Wednesday, November 2nd 11/2/2016 EUR/USD Main trend Short-term period Medium-term period Bullish Bearish Changes in the open interest + 233 858 ? + 80 666 ? Closest resistance levels 1.1097; 1.1136; 1.1170; 1.1211 Closest support levels 1.1046...

USD/JPY: prices are back into the Cloud 11/2/2016 Technical levels: support – 103.35, 103.00; resistance – 104.00, 104.30. Trade recommendations: 1. Buy — 103.35; SL — 103.15; TP1 — 104.00; TP2 — 104.30. Reason: narrowing bullish Ichimoku Cloud and rising Senkou Span B; new dead cross of...

AUD/USD: on strong support 11/2/2016 Technical levels: support – 0.7590, 0.7620; resistance – 0.7640. Trade recommendations: 1. Buy — 0.7630; SL — 0.7600; TP1 — 0.7710; TP2 — 0.7740. 2. Sell — 0.7610; SL — 0.7630; TP1 — 0.7540; TP2 — 0.7510. Reason: narrow weak bullish Ichimoku Cloud; new...

EUR/USD: euro may return into the Cloud 11/2/2016 Technical levels: support – 1.1050, 1.1000; resistance – 1.1060, 1.1090. Trade recommendations: 1. Sell — 1.1090; SL — 1.1110; TP1 — 1.1050; TP2 – 1.1000. Reason: golden cross of the rising Tenkan-sen and Kijun-sen; bearish character of...

Morning brief for November 2, 2016 11/2/2016 The US dollar has weakened yesterday in relation to other major currencies on the investors’ anxiety over a possible Trump victory. Recent polls showed that sharp-tongued Republican drew ahead of Hillary Clinton by 1-2 points. US economic data were...

EUR/USD: bears retreat, but don't give up 11/2/2016 On the EUR/USD daily chart, "bulls" managed to test the important resistance levels at 1,096 and 1,104. However, "bears" will continue to keep the situation under control as long as quotes remain below the 1,1255-1,131 range (78,6-88,6%...

GBP/USD: pound took up "let's wait and see" attitude 11/2/2016 On the GBP/USD daily chart, quotes continue to consolidate in the range of 1,211-1,232. Breakout of the upper boundary of this range will create prerequisites for correction in the direction of 1,248. Alternatively, a successful...

EUR/USD & Fed interest rate decision: Will we see a top in the Euro today? 11/2/2016 Today at 18:00 GMT we’ll have the latest Federal Reserve interest rate decision’s meeting before US elections due on next week. Markets had been pricing a possible rate hike by the central bank in...

AUD/JPY broke round resistance level 80.00 11/1/2016 AUD/JPY broke round resistance level 80.00 Next buy target - 81.40 AUD/JPY continues to rise after the earlier breakout of the round resistance level 80.00, which has been steadily reversing the pair from the middle of last month (as can be...

AUD/USD reversed from support area 11/1/2016 AUD/USD reversed from support area Next buy targets - 0.7720 and 0.7800 AUD/USD recently reversed once again from the support area lying between the support level 0.7600 (which stopped the earlier (a)-wave in October) and the 50% Fibonacci correction...

“What if analysis” of markets after presidential election 11/1/2016 As the most acrimonious US election is drawing to a close, financial markets keep fingers crossed for Hillary Clinton as she could maintain the status quo, whereas Trump’s victory would resemble the aftermath of the UK’s vote...

USD/JPY: consolidation going to move on 11/1/2016 There’s a “Harami” pattern, which has been confirmed enough. Therefore, the market is likely going to test the closest resistance. If a pullback from this level arrives, bears will probably try to deliver a local decline. As we can see on the...

EUR/USD: "Advance Block" stopped buyers 11/1/2016 We’ve got a bullish “Three Methods” pattern, so the market is likely going to continue rising in the short term. As we can see on the Daily chart, there isn’t any reversal pattern so far. In this case, bulls are likely going to move on towards...

GBP/USD: "Rectangle" going to move on 11/1/2016 We’ve got a “Rectangle” pattern, so the current consolidation is likely going to be continued. The main intraday target is the 55 Moving Average. If this line acts as a resistance, bears will have a chance to reach a support at 1.2089...

EUR/USD: bulls going to deliver new high 11/1/2016 The 55 Moving Average acted as a resistance, so the price is consolidating. Therefore, the pair is likely going to rise towards the nearest resistance at 1.1001. If a pullback from this level happens, there’ll be an option to have a bearish...

Your volatility calendar for November 11/1/2016 Wednesday, Nov. 2 at 20:00 EET (Eastern European Time (EET) is time displayed in MetaTrader4. During Daylight-Saving Time, EET is 3 hours ahead of Greenwich Mean Time (GMT +3). During Standard (Winter) Time, EET is 2 hours ahead of GMT (GMT +2))...