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Forex Analytics GOLD: trade ideas and technical levels 18 April 2016 By Kira Iukhtenko Gold price remains stuck in the narrow 1229.0 - 1339.0 range on Monday, April 18. According to our main scenario, the yellow metal will likely develop more upside in the coming sessions. Capital flight to...

Forex Analytics EUR/USD: "Shooting Star" has stopped bulls 18 April 2016 Galina Svetlova We’ve got a confirmation of the previously formed “Hammer” pattern. Moreover, there’s a possible “Three Methods” in progress, so the market is likely going to reach the 34 Moving Average. If price gets a...

Forex Analytics BNP Paribas: buy EUR/USD 18 April 2016 Analysts at BNP Paribas recommend buying EUR/USD at 1.1290 with Take Profit at 1.1600 and Stop Loss at 1.1140. According to the specialists, the euro will benefit in the risk off environment as the euro area has a large current account...

Forex Analytics USD/JPY: key time for 108.00 18 April 2016 Daily. USD/JPY tried to bottom around 108.00 during the past week. The bulls tried to make the pair stay above 109.00. However, on Friday they were stopped by Tenkan-sen, and the pair once again fell to 108.00. As a result, despite...

Forex Analytics GBP/USD: consolidation between the "Thorns" 18 April 2016 Sergey Logachev We’ve got a local “V-Top” pattern, which led to a decline towards a support at 1.4170. The market is likely going to reach the next support at 1.4052. If bears be stopped here, there’ll be a chance to...

Forex Analytics EUR/USD: an intraday "Triple Top" is going to end 18 April 2016 Sergey Logachev There's a “Triple Top” pattern, which led to the current downward movement. The price faced a support at 1.1242, so we’ve got a local correction. Considering a possible “Flag”, the market is...

Forex Analytics US Dollar: forecast for April 18-24 By Kira Iukhtenko Core inflation in United States rose by 0.1% in March, down from 0.3% in February. The weaker readings were driven by a monthly fall in clothing prices and lower healthcare inflation. Below-the-forecast reading adds to...

Forex Analytics EUR/USD: forecast for April 18-24 By Elizabeth Belugina EUR/USD breached down the lower border of its sideways channel at 1.1330 and settled in the new range between 1.1300 and 1.1230. American economic figures weren’t very impressive, so the decline was limited. The...

Forex Analytics AUD/USD: forecast for April 18-24 By Elizabeth Belugina AUD/USD once again rose to 0.7700 as the market’s risk sentiment improved and commodity prices went up. However, this resistance level at 0.7700 will be a hard obstacle for the bulls. Here we find a resistance line...

Forex Analytics USD/JPY: forecast for April 18-24 By Elizabeth Belugina USD/JPY recovered from 107.60, but met resistance in the 109.75 area. The pair was supported by the improved market’s risk sentiment. Investors’ mood became better as Chinese economic figures weren’t as bad as some had...

Forex Analytics GBP/USD: forecast for April 18-24 By Kira Iukhtenko The British pound attempted to recover at the beginning of the new week, but was capped by the 1.4350 mark. The pair is forming a candle with a long upper shadow on the weekly chart. The picture remains bearish and we expect...

Forex Analytics GBP/AUD broke support levels 1.8600 and 1.8500 15 April 2016 By: Dmitriy Chernovolov -GBP/AUD broke support levels 1.8600 and 1.8500 -Next sell target – 1.8000 GBP/AUD continues to decline after the earlier breakout of the support levels 1.8600 (which was set as the sell...

Forex Analytics USD/CHF reached buy target 0.9650 15 April 2016 By: Dmitriy Chernovolov -USD/CHF reached buy target 0.9650 -Next buy target - 0.9800 USD/CHF recently rose sharply breaking through the resistance level 0.9650, which was set as the buy target in our previous forecast for this...

Forex Analytics GBP/USD: one more "Thorn" 15 April 2016 Sergey Logachev We've got one more “Thorn”, which led to the current upward correction. The market is likely going to get a support at 1.4117 – 1.4089 once again. If so, bulls will probably try to reach a resistance at 1.4234, which is...

Forex Analytics EUR/USD: price came back in a range of "Triangle" 15 April 2016 Sergey Logachev The market has came back in a range of the current “Triangle” pattern and finally faced a support on the 89 Moving Average, which brought a local flat. The price is likely going to reach the next...

Forex Analytics FX BAZOOKA trading plan for April 15 By Kira Iukhtenko US Dollar remains rather vulnerable after we’ve seen slower than expected US inflation on Thursday. However, EUR/USD remains under bearish pressure mostly due to the bearish factors: the pair extends correction after...

Forex Analytics EUR/AUD broke support level 1.4730 14 April 2016 By: Dmitriy Chernovolov -EUR/AUD broke support level 1.4730 -Next sell targets - 1.4600 and 1.4470 EUR/AUD recently broke through the support level 1.4730, which was set as the sell target in our previous forecast for this...

Forex Analytics EUR/USD: the stroke of a "Hammer" 14 April 2016 Galina Svetlova There’re a “Shooting Star” and an “Engulfing”at the last high, which have been confirmed. The price reached the nearest “Window”, so in case of a possible pullback from here, it’ll be a chance to see an upward...

Forex Analytics GBP/USD: "Thorn" made bears come back 14 April 2016 Sergey Logachev We've got a “Thorn” on the upper resistance zone, which led to the current decline. The market is going to face a support at 1.4117, so if bears won’t have any issues with this level, we should keep an eye on...

Forex Analytics EUR/USD: bears ripped the "Rectangle" to shreds 14 April 2016 Sergey Logachev The market was trading in a flat for two weeks, which finally led to the current decline. There’s a reversal “Triple Top” pattern, so the pair is likely going to reach a support 1.1217 – 1.1188. If...