Forex Analytics
EUR/USD: buy target – 1.1500
31 March 2016
By: Dmitriy Chernovolov
-EUR/USD approaching resistance level 1.1380
-Next buy target – 1.1500
EUR/USD continues to rise inside the (c)-wave of the minor ABC correction 2 from the start of this month. The active (c)-wave earlier...
Forex Analytics
USD/JPY: "Hammer" points to a possible correction
31 March 2016
Galina Svetlova
The price has landed on the nearest support line. We haven’t got any reversal patterns so far, but the last bullish candles could be a sign for a local upward correction. If we see a pullback from...
Forex Analytics
EUR/USD: "Three Methods" indicates a path
31 March 2016
Galina Svetlova
The pair has been rising and we've got a possible “Three Methods” pattern in progress. At the same time, it’s a likely possible to see a bearish pattern at the nearest resistance line. If so, a local...
Forex Analytics
GBP/USD: "Double Top" stopped the rise
31 March 2016
Sergey Logachev
There's a “Double Top” pattern, which led to the current downward movement in a range of support zone 1.4343 – 1.4305. It’s likely to see the market even lower, so a support area between the 89 Moving...
Forex Analytics
EUR/USD: "V-Top" frightened the bulls away
31 March 2016
Sergey Logachev
The price faced a resistance at 1.1341, which brought a “V-Top” pattern and a bearish movement afterwards. It’s likely that the market is going to reach a support at 1.1273 near the up-trend line. If we...
Forex Analytics
Forex trading plan for March 31
30 March 2016
By Elizabeth Belugina
US dollar index returned to 8-month lows, where it fell after the Federal Reserve’s March meeting as Janet Yellen said that the Fed should be cautious in raising rates because of external risks including low...
Forex Analytics
EUR/USD: "Mat Hold" is in progress
30 March 2016
Galina Svetlova
The price has been rising since a “Tweezers” formed on last Friday. It’s likely that we have a “Mat Hold” pattern in progress. The upper resistance is still on the table. As we can see on the Daily chart...
Forex Analytics
AUD/USD: buy target - 0.7800
30 March 2016
By: Dmitriy Chernovolov
-AUD/USD approached buy target 0.7700
-Next buy target - 0.7800
AUD/USD has been rising in the last few trading sessions inside the (b)-wave of the minor C-wave, which belongs to the intermediate ABC...
Forex Analytics
EUR/USD: bulls faced the "Triple Top"
30 March 2016
Sergey Logachev
The pair has been rising since a “Double Bottom” pattern arrived at the last low. The price found a resistance in a range between the levels 1.1273 and 1.1341. It’s likely that the market is going to reach...
Forex Analytics
USD/JPY: more bullish pressure
29 March 2016
Galina Svetlova
The bullish movement is still the main direction. Moreover, we’ve got a couple of “Three Methods” patterns, so in the short term the market is likely going to be higher towards the nearest resistance line. As we can...
Forex Analytics
EUR/USD: bears faced a "harami"
29 March 2016
Galina Svetlova
The price finally got a support on the nearest “Window”, which led to form a “Tweezers” pattern afterwards. There’s a “Shooting Star” at the last high, so the market is likely going to be lower. As we can see on...
Forex Analytics
CHF/JPY: buy target – 117.50
29 March 2016
By: Dmitriy Chernovolov
-CHF/JPY broke resistance zone
-Next buy target – 117.50
CHF/JPY continues to rise after the price earlier broke through the resistance zone lying at the intersection of the pivotal resistance level 116.00...
Forex Analytics
AUD/NZD: sell target - 1.1100
29 March 2016
By: Dmitriy Chernovolov
-AUD/NZD reversed from pivotal resistance level 1.1300
-Next sell target - 1.1100
AUD/NZD continues to fall after the price earlier reversed down sharply from the resistance zone surrounding the pivotal...
Forex Analytics
GBP/USD: bulls stopped by the resistance
29 March 2016
Sergey Logachev
The last flat has been ended by the bullish rally. Finally, buyers faced a resistance at 1.4282, which brought a “V-Top” pattern and led to the current decline. It’s likely that the pair is going to reach...
Forex Analytics
EUR/USD: "double bottom" led to the correction
29 March 2016
Sergey Logachev
There was a flat, which finally was ended by the bullish rally towards a resistance at 1.1217. Previously, a reversal “Double Bottom” pattern has been formed. It’s likely to see the market lower in...
Forex Analytics
Forex trading plan for March 29
28 March 2016
By Elizabeth Belugina
Last week US dollar corrected to the upside. Growth in the US core personal consumption expenditures price (PCE) index slowed down from 0.3% in January to 0.1% in February, data showed on Monday. Weak data...
Forex Analytics
EUR/JPY: buy target - 127.30
28 March 2016
By: Dmitriy Chernovolov
-EUR/JPY rising inside minor corrective wave 2
-Next buy target - 127.30
EUR/JPY continues to rise inside the minor corrective wave 2 – which started earlier – when the price reversed up from the support zone...
Forex Analytics
EUR/USD: "window" acted as a strong support
28 March 2016
Galina Svetlova
There's a “Tweezers” pattern at the last low, which has been formed above the nearest “Window” area. So, it’s likely that the price is going to reach the upper “Window”. If we see a pullback from it...
Forex Analytics
GBP/USD: support is waiting
28 March 2016
Sergey Logachev
The pair has been moving in a range along a support at 1.4117. It's likely to see the market lower in the short term. In case of a possible pullback from a support at 1.4042, the price will have a chance to taste a...