Forex Analytics
Forex trading plan for February 2
Chinese data showed that manufacturing slowed last month at its fastest pace in more than 3 years. The news worsened the mood of the market players. In addition, oil prices declined on reports in the media that the Organization of the Petroleum...
Forex Analytics
EUR/USD: weekly wave analysis
1 February 2016
Daily. The market keeps moving in the final part of the double three (4), forming an upward zigzag Z. Let’s review the layout at Н4.
H4. The pair keeps forming corrective wave , which is taking form of the double three. The pair...
Forex Analytics
GBP/USD: weekly wave analysis
1 February 2016
Daily. The pair is currently forming the final part of the downtrend [C]. Let’s review the layout in detail, to determine the point where the decline will continue.
H4. The wave (4) is taking form of a double triple. After a...
Forex Analytics
USD/JPY: weekly wave analysis
1 February 2016
Daily. In line with the forecast we saw the development of the rapid upward impulse (V). Growth will resume in the near term. We recommend considering only long positions.
H4. The pair is currently building an upward impulse III...
Forex Analytics
AUD/USD: weekly wave analysis
1 February 2016
Daily. The pair keeps forming corrective wave [2], which is an upside pullback to the impulse [1]. When this wave is completed, the decline will resume.
H4. The wave [2] is taking form of the triple zigzag. This week a new...
Forex Analytics
US Dollar: forecast for February 1-7
By Kira Iukhtenko
Market sentiment towards the US Dollar worsened significantly after the Federal Reserve meeting on January 27. FOMC left interest rates unchanged and softened the overall rhetoric, pointing to increased global and internal...
Forex Analytics
EUR/USD: forecast for February 1-7
By Elizabeth Belugina
EUR/USD traded within the range of the past 2 months. Dovish minutes of the Federal Reserve’s meeting allowed the euro to rise to 1.0950, although improved market sentiment on the recovery in oil prices and the Bank of...
Forex Analytics
USD/JPY: forecast for February 1-7
By Elizabeth Belugina
The Bank of Japan reduced the deposit interest rate to the negative level of -0.1% and left the door for more cuts open.
The regulator’s decision to turn to an even more aggressive loose monetary policy is caused by the...
Forex Analytics
CAD/JPY: buy target - 87.30
29 January 2016
By: Dmitriy Chernovolov
-CAD/JPY reached sell targets 80.00 and 79.00
-Next buy target - 87.30
CAD/JPY continues to rise strongly inside the 4th minor correction 4 – which started previously – when the pair reversed up with the daily...
Forex Analytics
AUD/JPY: buy target - 88.00
29 January 2016
By: Dmitriy Chernovolov
-AUD/JPY rising inside minor corrective wave (iv)
-Next buy target - 88.00
AUD/JPY continues to rise sharply inside the 4th minor corrective wave (iv) – which started earlier – when the pair reversed up from...
Forex Analytics
Forex trading plan for January 29
28 January 2016
By Kira Iukhtenko
EUR/USD is trying to recover on the back of the overall USD weakness, but remains capped by the 1.0950 mark (trend line). Weak German CPI and ECB easing expectations are a limiting factor. However, we could...
Forex Analytics
EUR/AUD: sell target - 1.5200
28 January 2016
By: Dmitriy Chernovolov
-EUR/AUD falling inside primary impulse wave ③
-Next sell target - 1.5200
EUR/AUD continues to fall inside the 3rd primary impulse wave ③ - which started earlier – when the pair reversed down sharply from...
Forex Analytics
USD/JPY is positive
28 January 2016
Tatiana Norkina, FBS analyst
Yesterday during the trading the USD/JPY currency pair escaped to a positive zone. Bulls managed to break through the upper Ichimoku cloud boundary resistance which was held since the beginning of week. But, in...
Forex Analytics
AUD/NZD: buy targets - 1.1000 and 1.1100
28 January 2016
By: Dmitriy Chernovolov
-AUD/NZD broke resistance zone
-Next buy targets - 1.1000 and 1.1100
AUD/NZD recently broke sharply through the resistance zone lying between the resistance level 1.0800, resistance trendline of...
Forex Analytics
Aussie is going to grow
28 January 2016
Tatiana Norkina, FBS analyst
A currency pair of AUD / USD continues to trade within a four-hour Ichimoku cloud, but the short-term bullish mood still remains relevant. Yesterday bulls managed to test the cloud top level, but Senkou Span B...
Forex Analytics
Forex trading plan for January 28
By Kira Iukhtenko
EUR/USD attempted to recover some ground on Wednesday, but was capped by the 1.0900 mark for now. The FOMC announcement could support the bulls later in the day, though. Technically, the pair remains in a bullish channel...
Almost 1 000 000 clients of FBS, we will fulfil a dream of our millionth trader!
27.01.2016
Dear clients!
The number of FBS traders is fast drawing near the 1 000 000 mark! We simply could not let it rest and decided to make the dream of our millionth registered client come true! The lucky one...
Forex Analytics
AUD/CHF: buy targets - 0.7200 and 0.7300
27 January 2016
By: Dmitriy Chernovolov
-AUD/CHF rising inside minor wave 2
-Next buy targets - 0.7200 and 0.7300
AUD/CHF continues to rise inside the second minor corrective wave 2 – which started earlier – when the pair reversed up...
Forex Analytics
GBP/AUD: sell target - 2.0200
27 January 2016
By: Dmitriy Chernovolov
-GBP/AUD falling inside impulse waves 3 and (C)
-Next sell target - 2.0200
GBP/AUD has been falling in the last few trading sessions inside the 3rd minor impulse wave 3 – which started earlier this month –...
Forex Analytics
Forex trading plan for January 27
By Elizabeth Belugina
The main event on Wednesday will be the Federal Reserve’s rate decision and statement at 19:00 GMT. The central bank is expected to keep monetary policy unchanged. The most important thing will be how the Fed regards...