Forex Analytics
GBP/USD: forecast for February 22-28
Kira Iukhtenko
UK currency attempted to recover some ground over the past week, but failed to overcome the 1.4400 mark. UK retail sales surprised the market to the upside, but the fears of Brexit are dominating the scene. Cable fell below...
Forex Analytics
USD/JPY: forecast for February 22-28
By Elizabeth Belugina
The recovery of USD/JPY stalled ahead of the psychological level of 115.00. The level of 110.00 is an important mark. Here traders will expect more action from the Bank of Japan.
Dovish FOMC meeting minutes confirmed...
Forex Analytics
EUR/USD: forecast for February 22-28
By Elizabeth Belugina
EUR/USD eased down from the 1.1375 area. The minutes of the European Central Bank’s January meeting showed that some policymakers believe that the ECB should act rather sooner than later because of the new risks to...
FBS company got “Best Safety of Client Funds Asia” award!
Dear traders!
FBS company has exceeded all expectations again! We have received the so longed-for award – “Best Safety of Client Funds Asia 2015”! The trophy was awarded to us by the reputable house СFI.co, highly influential in the...
Forex Analytics
Trading plan for February 19
By Kira Iukhtenko
US Dollar turned to be rather strong on Thursday despite all the Fed’s attempts to limit the upside.The greenback was supported by the labor market figures: number of unemployment claims came out below the forecast.On Friday...
Forex Analytics
EUR/JPY: sell target - 126.00
18 February 2016
By: Dmitriy Chernovolov
-EUR/JPY reversed from resistance level 128.00
-Next sell target - 126.00
EUR/JPY recently reversed down sharply from the resistance level 128.00 (former support level and the sell target set in our...
Forex Analytics
AUD/JPY: sell targets - 80.00 and 78.00
18 February 2016
By: Dmitriy Chernovolov
-AUD/JPY reversed from resistance zone
-Next sell targets - 80.00 and 78.00
AUD/JPY recently reversed down twice from the resistance zone lying between the resistance level 82.00 and the 50%...
Forex Analytics
EUR/USD: technical analysis
18 February 2016
Sergey Logachev
The main trend on the EUR/USD pair is a still bullish. There’s the price movement in a range between the 55 Simple Moving Average and the resistance level 1.1214. In the short term we can expect a rise to a...
Forex Analytics
GBP/USD: technical analysis
18 February 2016
Sergey Logachev
The GBP/USD pair has broken the upward trend. The price started a flat correction from the support line 1.4229. It's likely that the upward movement will go higher to a resistance area between the levels 1.4346 -...
Forex Analytics
GBP/CAD: sell target - 1.9720
17 February 2016
By: Dmitriy Chernovolov
-GBP/CAD broke pivotal support level 1.9900
-Next sell target - 1.9720
GBP/CAD continues to fall inside the minor (c)-wave of the active minor ABC correction 2 from last December. The active (c)-wave...
Forex Analytics
GBP/JPY: sell target - 160.00
17 February 2016
By: Dmitriy Chernovolov
-GBP/JPY reversed from resistance zone
-Next sell target - 160.00
GBP/JPY recently reversed down from the resistance zone lying between the resistance level 165.00 (former strong support from January, which...
Forex Analytics
GBP/USD: forecast for February 15-21
By Elizabeth Belugina
British pound traded sideways versus its American counterpart during the past week. Data from the UK showed that trade deficit narrowed a bit, but manufacturing production kept declining.
Next week there will be more...
Forex Analytics
EUR/USD: forecast for February 15-21
By Elizabeth Belugina
EUR/USD rose to 3-month high. The main bullish driver of the single currency was the covering of trades funded in the euro. Data released in the euro area have been relatively weak. The region’s economy rose by 0.3% in...
Forex Analytics
USD/JPY: forecast for February 15-21
Elizabeth Belugina
USD/JPY broke to the downside crushing support at 116.00, 115.00 and 114.00. Japanese yen strengthened as a safe haven amid falling stock markets, concerns about global growth and central banks’ ability to revive the...
Forex Analytics
US dollar: forecast for Februaty 15-21
By Elizabeth Belugina
US dollar index fell to the lowest levels since October. The Federal Reserve’s Chairwoman Janet Yellen said that she still expected the central bank to increase interest rates gradually this year. At the same time...
Forex Analytics
GBP/JPY: sell targets - 160.00 and 157.50
11 February 2016
By: Dmitriy Chernovolov
-GBP/JPY broke support level 165.00
-Next sell targets - 160.00 and 157.50
GBP/JPY continues to fall after the recent sharp breakout of the support level 165.00, which stopped the previous sharp...
Forex Analytics
CAD/JPY: sell targets - 79.00 and 78.00
11 February 2016
By: Dmitriy Chernovolov
-CAD/JPY broke support level 80.00
-Next sell targets - 79.00 and 78.00
CAD/JPY continues to fall inside the intermediate impulse wave (5) of the primary downward impulse wave ③ from last June...
Forex Analytics
USD/JPY: candlestick analysis
10 February 2016
Galina Svetlova
The bullish rally become slower after a “Hummer” and a “Inverted Hummer” have been formed at the last minimum. At the same time, there’s a bearish “Three Methods” pattern as well, so it’s likely that we’ll see...
Forex Analytics
EUR/USD: candlestick analysis
10 February 2016
Galina Svetlova
The price has formed a “High Wave” pattern near the last maximum. It's likely that the correction will go further to the level of previously formed a “Tweezers” pattern. There's a possibility to form a "Bearish...
Forex Analytics
USD/CHF: sell target - 0.9700
10 February 2016
By: Dmitriy Chernovolov
-USD/CHF reached sell target 0.9900
-Next sell target - 0.9700
USD/CHF recently fell sharply, breaking through the three consecutive support levels – 1.0000, 0.9900 (this support level was set as the sell...