Forex Analytics
GBP/USD: the downtrend line is restraining bears
28 April 2016
Sergey Logachev
The price has faced a resistance at 1.4638, which led to form a “Double Top” pattern. The pair was falling down afterwards, but bears has been stopped by a “Thorn”. It’s likely that the market is...
Forex Analytics
EUR/USD: "Flag" brought a flat into the market
28 April 2016
Sergey Logachev
The price has been moving up and down between a resistance at 1.1364 and a support at 1.1269. Also, there's a possible downward “Wadge”, so the market is likely going to reach the 55 Moving Average...
Forex Analytics
Forex trading plan for April 28
By Elizabeth Belugina
A very important event for the US dollar is due on Wednesday: the results of the Federal Reserve’s meeting will be released at 18:00 GMT. The change in the central bank’s interest rate is very unlikely, so the main thing to...
Forex Analytics
Oil: the major trends of the week
27 April 2016
The week is still respectively positive for oil against the background of several crucial factors, including the following key issues: the US dollar easing, the US oil reserve decreasing and OPEC member’s disagreements about...
Forex Analytics
AUD/CAD broke pivotal support level 0.9630
27 April 2016
By: Dmitriy Chernovolov
-AUD/CAD broke pivotal support level 0.9630
-Next sell target - 0.9550
AUD/CAD has been falling in the last few trading sessions inside the intermediate downward impulse wave (3) – which started...
Forex Analytics
AUD/NZD falling inside minor impulse wave 3
27 April 2016
By: Dmitriy Chernovolov
-AUD/NZD falling inside minor impulse wave 3
-Next selltargets - 1.1030 and 1.0960
AUD/NZD continues to fall inside the sharp minor impulse wave 3 - which started earlier – when the price...
Forex Analytics
EUR/USD: bulls has shattered the "Window"
27 April 2016
Galina Svetlova
The last “Three Methods” pattern did a great job as the price has broken the Moving Average lines. Moreover, it's likely to see a new “Three Methods” soon. If so, the market is likely going to move on...
Forex Analytics
EUR/USD storms the cloud
27 April 2016
Tatiana Norkina, FBS analyst
During yesterday's trading session EUR/USD managed to recover at the lower boundary of the four-hour Ichimoku cloud and the whole day tried to break through to the positive area. However, the bulls still...
Forex Analytics
Westpac: why it’s time to buy AUD/USD?
27 April 2016
Analysts at Westpac recommend buying AUD/USD at 0.7585 with Stop Loss at 0.7495 as they expect in to make another bullish attempt to overcome 0.7800 next week and rise above 0.8000 next month.
Australian dollar fell on...
Forex Analytics
Pound continued to recover
27 April 2016
Tatiana Norkina, FBS analyst
Currency pair GBPUSD yesterday updated local maximums to 1.4640 again and gathered up to three-month levels.
On the four-hour time frame, of course, there was a bullish pattern: there is still active gold...
Forex Analytics
GBP/USD: the price took hold under the trend
27 April 2016
Sergey Logachev
The price has been rising dramatically since a “Triple Bottom” was formed in a range of the last Support Zone. Finally, the price got a resistance at 1.4638 under the downtrend line. The market is...
Forex Analytics
EUR/USD: "V-Top" has been formed at the high
27 April 2016
Sergey Logachev
The price has formed a “V-Bottom” pattern, which led to the last bullish movement. Finally, the pair reached a resistance at 1.1341, so we’ve got a “V-Top” at the local high. There’s a possible...
Forex Analytics
Forex trading plan for April 27
By Kira Iukhtenko
Forex market remains calm ahead of the Federal Reserve meeting that will take place on Wednesday. The Fed is widely expected to leave interest rate unchanged tomorrow and there is no press-conference planned. That’s why traders...
Forex Analytics
USD/JPY reversed from resistance zone
26 April 2016
By: Dmitriy Chernovolov
-USD/JPY reversed from resistance zone
-Next sell target - 109.00
USD/JPY recently reversed down from the resistance zone lying between the pivotal resistance level 111.40 (former strong support level...
Forex Analytics
EUR/USD: "Belt Hold" left no chances for bears
26 April 2016
Galina Svetlova
There's a possible ending of the current “Three Methods” pattern, which pushed the price to the 21 Moving Average. Bulls are likely going to move on towards the nearest resistance. Moreover, we've...
Forex Analytics
GBP/USD: "Pennant" as a sign to a new high
26 April 2016
Sergey Logachev
The price has faced a resistance at 1.4513, so currently we've got a local flat under this level. It's likely to see even more bullish pressure that is why we should bearing in mind the next resistance...
Forex Analytics
EUR/USD: bulls will use to advantage the "Flag"
26 April 2016
Sergey Logachev
The pair has found a support at 1.1233, which led to form a local “V-Bottom” pattern, so the price got a resistance by the 89 Moving Average afterwards. The market is likely going to deliver a new...
Forex Analytics
Forex trading plan for April 26
By Elizabeth Belugina
US dollar started the weak under pressure as traders don’t expect any hawkish statement from the Federal Reserve on Wednesday. American new home sales data turned out worse than expected (511K vs. 521K). On Tuesday the US...