Forex Analytics
GBP/USD: technical analysis
3 March 2016
Sergey Logachev
The price has been rising since a “Triple Bottom” was formed at the last low. The local downward trend has been broken, so it’s likely to see a rise towards a resistance area between the levels 1.4148 – 1.4172. If we...
Forex Analytics
EUR/USD: technical analysis
2 March 2016
Sergey Logachev
There's a local downward trend on the four-hour chart, but yesterday we've got a flat, which faced a support at 1.0858. As far as we’ve got a “Rising Wedge”, it’s likely to see more selling presuare towards a support at...
Forex Analytics
Forex trading plan for March 2
By Kira Iukhtenko
US Dollar gained additional support on Tuesday after the unexpectedly strong US manufacturing PMI release. USD index keeps on rising above the 98 figure and we see space for more USD upside this week. Watch the ADP NFP and crude...
Forex Analytics
GBP/СHF: buy target - 1.4000
1 March 2016
By: Dmitriy Chernovolov
-GBP/СHF reversed from strong support zone
-Next buy target - 1.4000
GBP/СHF continues to rise after the earlier upward reversal from the strong support zone surrounding the long-term support level 1.3800...
Forex Analytics
EUR/USD: technical analysis
1 March 2016
Sergey Logachev
The market had been falling down since last Friday. The price found a support at 1.0858, which entered the price into a consolidation phase. As far as we’ve got a “Rising Wedge” and a broken up trend, it’s likely to see...
Forex Analytics
GBP/USD: technical analysis
1 March 2016
Sergey Logachev
The pair has a downward trend, which faced a support at 1.3878 and the price started a correction afterwards. There’s a “Flag” pattern, so it's likely to see a downward movement to a support area between the levels...
Forex Analytics
EUR/USD: candlestick analysis
1 March 2016
Galina Svetlova
The price faced a support at the last “Window” zone, where a “Hammer” was formed previously. It’s likely to see an upward correction towards the level of “Three Methods” pattern and continue the main bearish trend...
Forex Analytics
USD/JPY: candlestick analysis
1 March 2016
Galina Svetlova
There’s a “Bullish Harami” at the last low, so the current correction will probably go higher. It’s likely to see any bearish candle patterns on the 55 Moving Average. As we can see on the daily chart, there’s a...
Forex Analytics
Forex trading plan for March 1
The meeting of G20 finance ministers brought no big results disappointing the market. The People’s Bank of China cut the reserve requirement ratio in order to calm down the markets and improve sentiment. US data releases were negative on Monday...
Forex Analytics
EUR/USD: forecast for Feb. 29 - Mar. 6
By Elizabeth Belugina
EUR/USD made a breakthrough below 1.0960 on Friday (trend line support from December and 50% Fibo). German retail sales increased, but import prices fell – a sign of deflation pressure. Flash inflation figures for...
Forex Analytics
USD/JPY: forecast for Feb. 29 - Mar. 6
By Elizabeth Belugina
USD/JPY for the second time managed to jump up from 111.00. The advance was triggered by the good US data on Friday – GDP growth for Q4 was revised up, and consumer sentiment was favorable. In Japan industrial...
Forex Analytics
GBP/USD: forecast for Feb 29 - Mar 6
By Kira Iukhtenko
British pound fell dramatically last week, breaking below the 1.3900 mark (lowest since 2010). The cable is losing ground amid increased uncertainty about the June referendum outcome. According to the most recent polls...
Forex Analytics
US Dollar: forecast for Feb 29 - Mar 6
By Kira Iukhtenko
Last week the US Dollar extended the upside for a second week in a row, supported by the strong USD figures. According to the second estimate, the US economy rose by 1% in Q4. What’s more, personal spending and durable...
Forex Analytics
NZD/JPY: buy targets - 76.80 and 78.00
26 February 2016
By: Dmitriy Chernovolov
-NZD/JPY reversed from strong support zone
-Next buy targets - 76.80 and 78.00
NZD/JPY recently reversed up sharply from the strong support zone lying between the support levels 74.40 and 73.20...
Forex Analytics
Forex trading plan for February 25
Oil went under renewed selling pressure as Saudi Arabia ruled out any production cuts. US dollar index is recovering. Watch American durable goods and unemployment claims figures on Thursday. The forecast is rather good.
GBP/USD breached...
Forex Analytics
GOLD: weekly wave analysis
24 February 2016
Daily. The pair keeps forming the final wave [E] of the sloping triangle. Let’s review the internal structure of this wave at Н4.
H4. The pair is likely forming a usual zigzag (Y). Within this zigzag the pair finished the wave A...
Forex Analytics
GBP/USD: sell target - 1.3800
24 February 2016
By: Dmitriy Chernovolov
-GBP/USD reached sell target 1.4100
-Next sell target - 1.3800
GBP/USD recently fell sharply – after the earlier breakout of the support level 1.4100 (low of the previous minor impulse wave from January)...
Forex Analytics
EUR/JPY: sell targets - 122.00 and 121.00
24 February 2016
By: Dmitriy Chernovolov
-EUR/JPY reached sell target 126.00
-Next sell targets - 122.00 and 121.00
EUR/JPY has been under strong bearish pressure lately – following the earlier breakout of the support zone lying...
Forex Analytics
GBP/CAD: sell target - 1.9200
23 February 2016
By: Dmitriy Chernovolov
-GBP/CAD falling inside primary impulse wave ③
-Next sell target - 1.9200
GBP/CAD recently fell sharply – following the earlier sharp downward reversal from the resistance zone lying between the resistance...
Forex Analytics
GBP/JPY: sell target - 155.00
23 February 2016
By: Dmitriy Chernovolov
-GBP/JPY reached sell target 160.00
-Next sell target - 155.00
GBP/JPY continues to fall after the recent breakout of the round support level 160.00 (which stopped the previous minor impulse wave (i) and...