Forex Analytics
USD/CAD: buy targets - 1.4400 and 1.4600
26 January 2016
By: Dmitriy Chernovolov
-USD/CAD reversed from support zone
-Next buy targets - 1.4400 and 1.4600
USD/CAD recently reversed up sharply from the support zone lying at the intersection of the support level 1.4140, 61.8%...
Forex Analytics
NZD/JPY: sell target - 74.50
26 January 2016
By: Dmitriy Chernovolov
-NZD/JPY reversed from resistance area
-Next sell target - 74.50
NZD/JPY recently reversed down strongly from the resistance zone lying between the resistance level 77.50 (which also reversed the (ii)-wave...
Forex Analytics
Aussie at crossroads
26 January 2016
Tatiana Norkina, FBS analyst
The AUD/USD currency pair remains inside the four-hour Ichimoku cloud after the bulls failed to restore the market to the upper border level. Yesterday's trading began rather shaky, with the consolidation above...
Forex Analytics
Trading plan for January 26
By Elizabeth Belugina
At the start of the week traders were reminded that uncertainty isn’t over and that the markets haven’t fully stabilized yet. Selling pressure on oil renewed as Iraq's oil production hit a record in December. Demand for the...
Forex Analytics
AUD/USD: weekly wave analysis
25 January 2016
By Roman Petuchov
Daily. Early part of a bearish impulse C is now being constructed. After the end of the wave [1] we've seen a bullish correction [2]. It will be developped in the nearest future.
H4. It's nit so easy to forecast...
Forex Analytics
EUR/USD: weekly wave analysis
25 January 2016
By Roman Petuchov
Daily. Final part of the corrective wave (4) is now being built. We see a zigzag Z being formed.
H4. Wave is a flat tripple tripple. Wave (z) of will be constructed soon, afterwards the price will increase in...
Forex Analytics
GBP/USD: weekly wave analysis
25 January 2016
By Roman Petuchov
Daily. The market is now building a quick bearish wave [C] of Y. It hasn't been finished yet.
H4. Bullish or flat correction (4) will be developped in the coming weeks. After that the price will continue to...
Forex Analytics
USD/JPY: weekly wave analysis
25 January 2016
By Roman Petuchov
Daily. Corrective wave (IV) has been constructed last week. The bullish impulse (V) began soon afterwards. Prices will return to growth in the coming days.
H4. Wave (IV) has been complete by a bearish zigzag [Z]...
Forex Analytics
USD/JPY: sell target - 117.50
25 January 2016
By: Dmitriy Chernovolov
-USD/JPY reached buy target 118.70
-Next sell target - 117.50
USD/JPY continues to decline after the recent sharp downward reversal from the resistance zone lying between the resistance level 118.70...
Forex Analytics
GBP/CHF: sell target - 1.4300
25 January 2016
By: Dmitriy Chernovolov
-GBP/CHF reversed from resistance area
-Next sell target - 1.4300
GBP/CHF today reversed down strongly from the resistance area lying between the major resistance level 1.4540 (former strong support which...
Forex Analytics
Euro under pressure again
25 January 2016
By Tatiana Norkina, FBS analyst
EURUSD seems to have finally consolidated in the negative area on the four-hour timeframe. Friday's decrease to the lows, after testing of the cloud's lower border levels, triggered a formation of the...
Forex Analytics
EUR/USD: forecast for January 25-31
By Elizabeth Belugina
The ECB left monetary policy unchanged in line with expectations. At the same time, Mario Draghi underlined that the ECB is ready to ease policy on the back of weakening inflation and economic growth. Draghi said that...
Forex Analytics
USD/JPY: forecast for January 25-31
By Elizabeth Belugina
USD/JPY fell to the key support at 116.00 and recoiled upwards. This level limited the downside for the entire 2015 and so it constitutes a serious obstacle for the bears. The prospect of more easing by the European...
Forex Analytics
EUR/GBP: buy target - 0.7800
21 January 2016
By: Dmitriy Chernovolov
-EUR/GBP rising inside impulse waves 3 and (3)
-Next buy target - 0.7800
EUR/GBP has been rising sharply in the last few trading sessions – following the earlier breakout of the long-term pivotal resistance...
Forex Analytics
GBP/CAD: sell target - 2.0360
21 January 2016
By: Dmitriy Chernovolov
-GBP/CAD reversed from resistance zone
-Next sell target - 2.0360
GBP/CAD recently reversed down strongly from the major resistance zone lying between the resistance levels 2.1000 and 2.0800 (this resistance...
Forex Analytics
Trading plan for January 21
EUR/USD is still sold on attempts to approach 1.10, but is holding above the key support of 1.08. The euro needs to go beyond one of these levels in order to emerge from the current sideways trend. Risk aversion is supporting the euro, while the...
Forex Analytics
GBP/USD: sell targets - 1.4100 and 1.4000
20 January 2016
By: Dmitriy Chernovolov
-GBP/USD falling inside accelerated impulse waves 5 and (3)
-Next sell targets - 1.4100 and 1.4000
GBP/USD has been falling sharply in the last few trading sessions – following the earlier...
Forex Analytics
USD/CAD: buy targets - 1.4800 and 1.5000
20 January 2016
By: Dmitriy Chernovolov
-USD/CAD reached buy target 1.4600
-Next buy targets - 1.4800 and 1.5000
USD/CAD continues to rise – after the earlier sharp breakout of the resistance level 1.4600, which was set as the buy...
Forex Analytics
Forex trading plan for January 20
By Kira Iukhtenko
EUR/USD consolidates around the 1.0900 mark. Market volatility remains subdued these days, but we expect the pair to break out of the current range in the coming sessions. The forthcoming ECB meeting on Thursday is a...
Forex Analytics
GBP/CHF: buy target - 1.4530
19 January 2016
By: Dmitriy Chernovolov
-GBP/CHF completed primary ABC correction ②
-Next buy target - 1.4530
GBP/CHF recently reversed up sharply from the strong support zone lying between the lower daily Bollinger Band and the support level...