Forex Analytics
GBP/USD broke resistance zone
3 May 2016
By: Dmitriy Chernovolov
-GBP/USD broke resistance zone
-Next buytarget - 1.4800
GBP/USD continues to rise following the earlier breakout of the resistance zone lying between the resistance level 1.4650 (which stopped the previous...
Forex Analytics
GBP/USD: "Pennant" strongly supports buyers
3 May 2016
Sergey Logachev
The pair entered into a consolidation phase since the downtrend line was broken. The price found a resistance at 1.4692, but it’s likely that the market is going to reach the next resistance at 1.4797 in...
Forex Analytics
EUR/USD: bulls are inside the "Wedge"
3 May 2016
Sergey Logachev
The market has been rising since the upper side of the last “Wedge” was broken. The price faced a resistance at 1.1533, which led to the current local correction. Anyway, it’s likely possible to see an upward...
Forex Analytics
Key option levels: May 2-8
2 May 2016
Grigory Zverev
EUR/USD
o the closest resistance levels: 1.1472; 1.1560; 1.1637; 1.1706
o the closest support levels: 1.1305; 1.1240; 1.1164/25; 1.1053
o the range of upside risks: 1.1472-1.1871
o the range of downside risks...
Forex Analytics
USD/JPY: "Three Methods" have ruined bulls at all
2 May 2016
Galina Svetlova
There're two “Three Methods” patterns, so the price found a lodgement under the last “Window”. Despite of the last “Three Methods” is unideal, the market is likely going to reach the nearest support...
Forex Analytics
EUR/USD: "Window" restrained bearish correction
2 May 2016
Galian Svetlova
As much as four “Three Methods” patterns were formed last week, which led to the current bullish price movement. Considering that a “Harami” at the local high hasn’t been confirmed, the market is...
Forex Analytics
NZD/USD rising inside impulse waves (v) and (C)
2 May 2016
By: Dmitriy Chernovolov
-NZD/USD rising inside impulse waves (v) and (C)
-Next buy target - 0.7050
NZD/USD has been rising sharply in the last few trading sessions inside the minor impulse wave (v), which belongs to...
Forex Analytics
AUD/NZD falling inside impulse waves 3 and (3)
2 May 2016
By: Dmitriy Chernovolov
-AUD/NZD falling inside impulse waves 3 and (3)
-Next selltarget - 1.0800
AUD/NZD has been falling sharply in the last few trading sessions – breaking through the two consecutive support levels...
Forex Analytics
GBP/USD: bulls has stopped by the "Double Top"
2 May 2016
Sergey Logachev
The market has been moving in a range of a flat since the downtrend line was broken. It's likely to see a local correction during the day. If the price gets a support at 1.4576 – 1.4513, there'll be a...
Forex Analytics
EUR/USD: "Wedge" has worked fine
2 May 2016
Sergey Logachev
The market has been rising since the “Wedge’s” upper side was broken. The price faced a resistance at 1.1464, so there’s a chance to see a local downward correction. Anyway, bulls are still have enough power to...
Forex Analytics
GBP/USD: more growth ahead?
29 April 2016
Kira Iukhtenko
British pound pushed higher on the new week, breaking above the neckline of an inverse “head-and-shoulders” formation. The pair reached the next strong resistance at 1.4670 by Friday (this is the February 2016 high). A...
Forex Analytics
US Dollar: Fed on hold; wait for NFP
29 April 2016
Kira Iukhtenko
As we expected, the Fed decided to leave interest rates unchanged at the April 27 meeting. The Fed’s statement didn’t change significantly and leaves the prospects of the June 15 rate hike pretty uncertain. Of...
Forex Analytics
USD/JPY: bears broken all "Windows"
29 April 2016
Galina Svetlova
The price has broken two “Window” in a row, but bears were stopped by the lower “Window”. So, we’ve got a “High Wave” pattern, but it hasn’t confirmed yet. The market is likely going to a local bullish...
Forex Analytics
EUR/USD: "Star" discriminate in favour of bears
29 April 2016
Galina Svetlova
We’ve got the fourth “Three Methods” pattern in a row, which led to the new high yesterday. The price reached the upper resistance and formed a “Harami” on this level, which points to a possible...
Forex Analytics
USD/JPY broke support levels 109.00 and 107.70
29 April 2016
By: Dmitriy Chernovolov
-USD/JPY broke support levels 109.00 and 107.70
-Next sell target - 106.00
USD/JPY recently broke through the support level 109.00, which was set as the sell target in our previous forecast...
Forex Analytics
EUR/USD broke daily down channel
29 April 2016
By: Dmitriy Chernovolov
-EUR/USD broke daily down channel
-Next buytarget - 1.1460
EUR/USD continues to rise inside the minor impulse wave (iii) – which started earlier, when the pair reversed up from the support zone lying...
Forex Analytics
GBP/USD: bears were hit like a ton of bricks
29 April 2016
Sergey Logachev
The pair has been rising dramatically since a “Double Bottom” was formed at the last low. Moreover, the downtrend line was broken yesterday, so bears were hit like a ton of bricks. The market is likely...
Forex Analytics
EUR/USD: bulls has broken the "Wedge"
29 April 2016
Sergey Logachev
The price has broken the upper side of the last “Wadge” pattern, which led to the current rise. Despite of a resistance at 1.1397, the market is likely going to move on towards a resistance at 1.1412 –...
Forex Analytics
FTSE 100 reversed from resistance zone
28 April 2016
By: Dmitriy Chernovolov
-FTSE 100 reversed from resistance zone
-Next sell target - 6160.00
FTSE 100 continues to fall inside the minor corrective wave 2 – which started earlier – when the index reversed down from the strong...
Forex Analytics
GBP/JPY completed minor ABC correction 4
28 April 2016
By: Dmitriy Chernovolov
-GBP/JPY completed minor ABC correction 4
-Next sell target - 155.00
GBP/JPY recently reversed down sharply from the resistance zone located between resistance level 162.30 (which also previously...