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Forex Analytics Forex trading plan for April 14 13 April 2016 By Elizabeth Belugina Chinese trade balance have diminished traders’ concerns about the economic outlook for Asian and global economy. Even the reduction in the IMF’s world growth forecast didn’t seem important in these...

Forex Analytics USD/JPY: "Window" made a good job 13 April 2016 Galina Svetlova The pair has been rising since a lot of reversal patterns were formed on the nearest “Window”. So, the market is likely going to reach the 34 Moving Average. As we can see on the Daily chart, there're an...

Forex Analytics EUR/USD: "Three Methods" helped to bears 13 April 2016 Galina Svetlova Despite of a “Shooting Star” and an “Engulfing” at the last high, the current decline looks like just a local correction. The price has reached the 55 Moving Average, which could act as a support, so a...

Forex Analytics Trading plan for April 13: beware the Chinese dragon By Kira Iukhtenko US Dollar still remains vulnerable with the USD Index holding below 95 points. Investors remain skeptical about the Fed’s tightening prospects on the April 27 meeting. What’s more, the US currency is hurt...

Forex Analytics AUD/USD rising inside minor impulse wave (v) 12 April 2016 By: Dmitriy Chernovolov -AUD/USD rising inside minor impulse wave (v) -Next buy targets – 0.7720 and 0.7800 AUD/USD continues to rise inside the minor impulse wave (v) - which started earlier – when the price reversed...

Forex Analytics EUR/USD: "Harami" played into the bulls hands 12 April 2016 Galina Svetlova The market has been rising, which just brought a new high. Previously, the pair got a support on the 21 Moving Average and a “Three Methods” pattern has been formed afterwards. So, the price is likely...

Forex Analytics EUR/AUD falling inside minor correction 2 12 April 2016 By: Dmitriy Chernovolov -EUR/AUD falling inside minor correction 2 -Next sell target - 1.4730 EUR/AUD continues to fall inside the minor correction 2 – which started earlier - when the price reversed down from the...

Forex Analytics XAU/USD: gold is targeting higher levels 12 April 2016 Daily. It seems that corrective wave [E] still wasn’t finished. At the final section we see the formation of the final part of the upward triple Zigzag – wave (z). H4. We assume that after the wave (X) was over the pair...

Forex Analytics GBP/USD: bulls took a cue from the Double Bottom 12 April 2016 Sergey Logachev The price formed a “Double Bottom” pattern, which has been confirmed. Finally, a resistance at 1.4283 was achieved, which led to the current decline. So, the market is likely going to get a support...

Forex Analytics EUR/USD: price take hold above the Triangle 12 April 2016 Sergey Logachev The main trend is a still bullish one. The market has been moving in a flat since the upper side of the last “Triangle” pattern was broken. So, currently the flat is likely going to be continued. At the...

Forex Analytics Forex trading plan for April 12 By Elizabeth Belugina US dollar index fell to 94.00. Later on Monday the Federal Reserve will hold a closed meeting on interest rates. The last time the Fed conducted such meeting was in November 2015, ahead of the rate hike. However, given the...

Forex Analytics USD/JPY: "Window" is still holding back bears 11 April 2016 Galina Svetlova There’re a package of candle patterns on the nearest “Window” level. We’ve got a couple of “Tweezers” and “Hummers”, but all of them haven’t a confirmation yet. However, if a confirmation arrives...

Forex Analytics EUR/CAD: reversed from resistance zone 11 April 2016 By: Dmitriy Chernovolov -EUR/CAD reversed from resistance zone -Next sell target –1.4660 EUR/CAD continues to decline inside the second intermediate correction (2) – which started previously - when the price reversed down...

Forex Analytics EUR/USD: the flat is rich of candle patterns 11 April 2016 Galina Svetlova The market has been moving up and down in the current flat's range. The price achieved the nearest resistance once again and started declining afterwards. We’ve got an “Engulfing Bullish” on the 21...

Forex Analytics CHF/JPY: broke support level 114.00 11 April 2016 By: Dmitriy Chernovolov -CHF/JPY broke support level 114.00 -Next sell target - 112.30 CHF/JPY continues to fall inside the accelerated impulse wave 5, which belongs to the sharp extended downward impulse wave (3) from the...

Forex Analytics GBP/USD: bulls has broken the downtrend line 11 April 2016 Sergey Logachev The price has been moving in a range since the downward trend line was broken. We've got a “V-Bottom” pattern above a support at 1.3995, which led to the current flat. The pair is likely going to get a...

Forex Analytics EUR/USD: flat above the broken "Triangle" 11 April 2016 Sergey Logachev We’ve got an upward trend on the four-hour chart. Currently, there's a flat in progress above the breaking point of the last “Triangle’ pattern. Therefore, the market is likely going to get a resistance...

Forex Analytics NZD/JPY reversed from long-term support level 73.20 8 April 2016 By: Dmitriy Chernovolov -NZD/JPY reversed from long-term support level 73.20 -Next buy target – 74.60 NZD/JPY recently reversed up sharply from the long-term support level 73.20, which is the lower boundary of...

Forex Analytics AUD/NZD reversed from pivotal support level 1.1080 8 April 2016 By: Dmitriy Chernovolov -AUD/NZD reversed from pivotal support level 1.1080 -Next buy target - 1.1200 AUD/NZD recently reversed up from the support zone lying at the intersection of the pivotal support level...

Forex Analytics EUR/USD: "Engulfing" brought correction to naught 8 April 2016 Galina Svetlova The current flat is going on, which has a support by the 21 Moving Average. There's a “Harami” at the local low, so the market is likely going to reach the nearest resistance line. As we can see on...