Forex Analytics
EUR/USD: "pennant" has become bigger
28 March 2016
Sergey Logachev
There’s a flat along a support line at 1.1156. It’s likely that the market is going to reach a support area between the 89 Moving Average and the level at 1.1079. If we see a pullback from this area, then...
Forex Analytics
EUR/GBP: sell target - 0.7800
25 March 2016
By: Dmitriy Chernovolov
-EUR/GBP reversed from resistance zone
-Next sell target - 0.7800
EUR/GBP recently reversed down from the resistance zone lying between the pivotal resistance level 0.7920 (which reversed the previous impulse...
Forex Analytics
EUR/USD: "harami" are on the both sides
25 March 2016
Galina Svetlova
There's one more “Three-Line Strike” pattern at the local low, so the market is likely going to decline towards the nearest “Window”. As we can see on the Daily chart, we’ve got a “Harami” and a “Three...
Forex Analytics
GBP/USD: "thorn" overset the bear's plans
25 March 2016
Sergey Logachev
The pair has found a support at 1.4052, so currently we've got an upward correction. There's a possible “Thorn” pattern, so a rise is likely going to reach a resistance at 1.4282, but at first the price...
Forex Analytics
EUR/USD: the third "pennant" in a row
25 March 2016
Sergey Logachev
The market has faced a support at 1.1156, which led to the current upward correction. Nevertheless, it’s likely to see the price a little bit lower in the short term. If a pullback from a support at 1.1124...
Forex Analytics
Trading plan for March 25
24 March 2016
Kira Iukhtenko
US currency regained some power during the past couple of days. However, on Thursday the rally was paused by the mixed US data releases. On Friday, European markets will be closed due to the Easter holidays, so liquidity...
Forex Analytics
USD/JPY: buy target - 114.00
24 March 2016
By: Dmitriy Chernovolov
-USD/JPY reversed from major support level 111.00
-Next buy target - 114.00
USD/JPY continues to rise inside the minor corrective wave (ii) – which started earlier, when the pair reversed up from the major...
Forex Analytics
USD/JPY: new "high wave" arrived
24 March 2016
Galina Svetlova
The market has been rising since an “Engulfing” and a “High Wave” arrived at the last low. In case we’ve got a “Mat Hold”, the upward correction has a reason to be continued. It’s a still possible to see a local...
Forex Analytics
EUR/USD: "window" stopped the bearish rally
24 March 2016
Galina Svetlova
There’s a “Three Methods” pattern at the last low, but it’s very likely to see a support on the upper side of nearest “Window” and the 55 Moving Average line. As we can see on the Daily chart, the last...
Forex Analytics
GBP/USD: one more "flag"
24 March 2016
Sergey Logachev
The market has been falling down since a “Double top” pattern formed. Moreover, bears broken a local trend line, but finally a support was found in the area 1.4117 – 1.4052. In the short term the price is likely going to...
Forex Analytics
EUR/USD: bears ready to tear "pennant" to pieces
24 March 2016
Sergey Logachev
The pair has been declining since a “Double Top” pattern arrived at the last high. Despite of a support by the 34 Moving Average, it's likely that the price is going to reach an area near the trend...
Forex Analytics
Forex trading plan for March 24
23 March 2016
By Elizabeth Belugina
Global risk sentiment, which worsened after bomb attacks in Brussels, managed to recover. US dollar index kept correcting up on more hawkish comments from the Federal Reserve officials and has space to get...
Forex Analytics
GBP/CAD: sell target – 1.8400
23 March 2016
By: Dmitriy Chernovolov
-GBP/CAD reached sell targets 1.8800 and 1.8660
-Next sell target – 1.8400
GBP/CAD recently broke sharply through the support levels 1.8800 and 1.8660 (low of the previous minor impulse wave (i)) - both of...
Forex Analytics
USD/JPY: "Window" on focus again
23 March 2016
Galina Svetlova
There’s a local bullish movement on the four-hour chart. Moreover, we’ve got a possible a “Three Methods” pattern in progress. When the current rise ends, the price is likely going to reach the nearest support...
Forex Analytics
GBP/USD: bearish "flag"
23 March 2016
Sergey Logachev
There’s a confirmed “Double Top” pattern, which led to the current downward movement. It’s likely to see the market lower. If a pullback from the level 1.4117 appears, then bulls will probably take a revenge and try to...
Forex Analytics
EUR/USD: "pennant" arrived
23 March 2016
Sergey Logachev
The pair has been declining since a “Double Top” arrived at the last high. The price faced a support at 1.1193, but bears is likely going to reach the next support level at 1.1159. If we see a pullback from here, then...
Forex Analytics
Trading plan for March 23
22 March 2016
By Kira Iukhtenko
Market sentiment turned negative after the Brussels events on Tuesday. EUR/USD dipped to 1.1185, but note that the pullbacks are bought. Euro zone’s economic calendar is rather light, so the market will be driven...
Forex Analytics
EUR/USD: bears broken the "Window"
22 March 2016
Galina Svetlova
There’re a “High Wave” and a “Tweezers” at the last high. The last “Window” has been broken by the huge bearish candle. Therefore, the next “Window” is likely going to act as a support. As we can see on the...
Forex Analytics
GBP/USD: decline after the "Double Top"
22 March 2016
Sergey Logachev
The last flat was finally broken by bears. Previously, a “Double Top” was formed at the last high, which led to current downward movement. The market is likely going to reach a support at 1.4343 – 1.4305...
Forex Analytics
EUR/USD: bears become wedged
22 March 2016
Sergey Logachev
There’s a “Double Top” pattern, which has been confirmed. The price faced a support at 1.1245, so we’ve got a downward correction in progress. It’s likely to see the market lower. If the pair forms a pullback from a...