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Forex Analytics Forex trading plan for March 22 21 March 2016 By Elizabeth Belugina Global stock markets showed mixed picture, as investors were unsure. On the one hand, the US Federal Reserve’s more dovish approach is good for the market’s sentiment. On the other hand, oil was under pressure...

Forex Analytics EUR/USD: sell target -1.1150 21 March 2016 By: Dmitriy Chernovolov -EUR/USD reversed from pivotal resistance level 1.1340 -Next sell target -1.1150 EUR/USD recently reversed down from the pivotal resistance level 1.1340, which previously reversed the price strongly at the...

Forex Analytics AUD/CAD: buy target – 1.0000 21 March 2016 By: Dmitriy Chernovolov -AUD/CAD reversed from support area -Next buy target – 1.0000 AUD/CAD continues to rise – following the earlier upward reversal from the support area lying at the intersection of the support level 0.9900, the...

Forex Analytics USD/JPY: new "engulfing bearish" 18 March 2016 Galina Svetlova There’re a couple of reversal patterns such as a “High Wave” and an “Engulfing Bullish”, so it’s possible that we’ll see an upward movement towards the nearest resistance line. Yesterday’s bearish candle was...

Forex Analytics EUR/USD: bear's "pole star" 18 March 2016 Galina Svetlova The price has found a resistance, which brought some reversal patterns such as a “High Wave” and a “Tweezers”. The last candles are bearish, so the current correction is likely going to the nearest support line...

Forex Analytics GBP/USD: bearish correction 18 March 2016 Sergey Logachev The market was rising yesterday and finally bulls reached a resistance at 1.4515, which led to the current correction. It’s likely to see the pair lower. If the price finds a support at 1.4436 – 1.4393, then buyers are...

Forex Analytics EUR/USD: correction in a range of "flag" 18 March 2016 Sergey Logachev The market has faced a resistance at 1.1337, which led to the current correction. It’s likely that the downward movement is going to reach a support area between the levels 1.1305 – 1.1273. If bears be...

Forex Analytics USD/CAD: sell target - 1.2850 17 March 2016 By: Dmitriy Chernovolov -USD/CAD reached sell target 1.3200 -Next sell target - 1.2850 USD/CAD recently broke sharply below the support level 1.3200, which was set as the sell target in our previous forecast for this currency pair...

Forex Analytics GBP/AUD: sell target - 1.8600 17 March 2016 By: Dmitriy Chernovolov -GBP/AUD reached sell target 1.9000 -Next sell target - 1.8600 GBP/AUD has been falling sharply in the last few trading sessions - breaking through the support levels 1.9280 and 1.9000 (previous sell target...

Forex Analytics USD/JPY: bear's "stars" 17 March 2016 Galina Svetlova There’s an “Evening Star” at the last high, which led to the current bearish movement. It’s likely to see a local correction, but then the market is probably going to fall even lower. As we can see on the Daily chart, the...

Forex Analytics EUR/USD: "window" played into buyers hands 17 March 2016 Galina Svetlova The really strong “Window” has acted as a support, which led to a “Harami” pattern, so we’ve got an upward rally. The last candles are bullish and there aren’t any reversal patterns. It’s likely that the...

Forex Analytics GBP/USD: thud of hoofs after the "V-Bottom" 17 March 2016 Sergey Logachev There’s a “V-Bottom” pattern at the local low, which led to the current upward movement. Finally, bulls faced a resistance at 1.4282, so it’s likely that a correction is coming soon. If the price finds...

Forex Analytics EUR/USD: bulls rip the "wedge" to shreds 17 March 2016 Sergey Logachev The consolidation in a support zone at 1.1145 – 1.1032 was finally ended by the really fast upward movement yesterday, so we’ve got a new high. The price faced a resistance at 1.1245. It’s likely that a...

Forex Analytics GBP/USD: sell targets - 1.4000 and 1.3840 16 March 2016 By: Dmitriy Chernovolov -GBP/USD falling inside intermediate impulse wave (5) -Next sell targets - 1.4000 and 1.3840 GBP/USD recently reversed down from the resistance zone lying between the resistance level 1.4400...

Forex Analytics GBP/CAD: sell targets - 1.8800 and 1.8660 16 March 2016 By: Dmitriy Chernovolov -GBP/CAD completed minor ABC correction 4 -Next sell targets - 1.8800 and 1.8660 GBP/CAD continues to fall after the earlier sharp downward reversal from the resistance zone lying at the...

Forex Analytics 3 currencies to buy this spring 15 March 2016 Analysts at Morgan Stanley have picked 3 currencies as the best investments for spring. 1. Japanese yen. Japanese investors have large assets abroad and will repatriate their funds. As a result, demand for the yen will increase and...

Forex Analytics GBP/USD: V-top stopped the bulls 15 March 2016 Sergey Logachev There’s a local “V-Top”, which led to a decline towards to the 89 Moving Average line. It's likely that the current downward movement is going to be deeper. If bears be stopped by the support at 1.4234 – 1.4193...

Forex Analytics EUR/USD: consolidation continues 15 March 2016 Sergey Logachev We’ve got a “V-Top” pattern at the last high, which led to the current downward movement. It’s likely that the market is going to reach a support at 1.1067. If we see a pullback from this level, then bulls might...

Forex Analytics GBP/USD: technical analysis 14 March 2016 Sergey Logachev The market was correcting last Friday. Previously, bulls faced a resistance at 1.4444 and a “V-Top” pattern arrived afterwards. Anyway, it seems like we’ve got a local upward trend here, so the current downward...

Forex Analytics GBP/USD: forecast for March 14-20 By Kira Iukhtenko The UK currency extended the upside last week, breaking above 1.4250. The pair holds in a bullish channel since late February and has potential for more recovery next week. Break above 1.4300 will open the way to 1.4350...