Forex Analytics
EUR/JPY: buy target - 134.00
2 November 2015
By: Dmitriy Chernovolov
EUR/JPY reversed from pivotal support level 132.00
Next buy target - 134.00
EUR/JPY recently reversed up sharply from the pivotal support level 132.00 (which also previously stopped the sharp minor impulse...
Forex Analytics
GBP/USD: forecast for November 2-8
By Kira Iukhtenko
British pound had another volatile week. GBP/USD slipped below 1.5250 as the US Federal Reserve turned out to be more hawkish on its meeting. However, sentiment changed to bullish by the end of the week. The pair formed a...
Forex Analytics
EUR/USD: forecast for November 2-8
By Elizabeth Belugina
The more hawkish than expected meeting of the Federal Reserve pulled EUR/USD down, to the new lows since the beginning of August at 1.09. The pair once again fell into trading on the monetary policy divergence between the...
Forex Analytics
US Dollar: forecast for November 2-8
By Kira Iukhtenko
The US Federal Reserve decided to leave interest rates unchanged at its October meeting. However, the policy statement switched into the hawkish territory. As a result, expectations for the Fed’s rate hike in December...
Forex Analytics
USD/JPY: forecast for November 2-8
By Elizabeth Belugina
The Bank of Japan didn’t increase the size of its monetary stimulus package. As a result, USD/JPY failed to make a big break to the upside. The pair remained limited on the upside by the 121.50 area.
However, declines of...
Forex Analytics
AUD/NZD: sell target - 1.0400
30 October 2015
By: Dmitriy Chernovolov
AUD/NZD broke strong support zone
Next sell target - 1.0400
AUD/NZD continues to fall strongly – after the price recently broke through the powerful support zone lying between the support levels 1.0700 and...
Forex Analytics
NZD/CAD: buy target - 0.9000
30 October 2015
By: Dmitriy Chernovolov
NZD/CAD reversed from support zone
Next buy target - 0.9000
NZD/CAD continues to rise after the recent upward reversal from the support zone lying between the support level 0.8830 (former strong resistance...
Forex Analytics
NZD/USD: sell target - 0.6600
29 October 2015
By: Dmitriy Chernovolov
NZD/USD reversed from resistance level 0.6850
Next sell target - 0.6600
NZD/USD continues to fall after the recent double reversal from the resistance zone lying between the resistance level 0.6850 and the...
Forex Analytics
USD/CHF: buy target - 1.0100
29 October 2015
By: Dmitriy Chernovolov
USD/CHF broke pivotal resistance level 0.9900
Next buy target - 1.0100
USD/CHF recently broke above the pivotal resistance level 0.9900 (which stopped the earlier A-wave at the start of August, as can be seen...
Forex Analytics
Danske Bank: trade signals for October 28
Open positions:*
EUR/USD: Hold SHORT from 1.1055, TAKE PROFIT 1.0848, STOP LOSS 1.1143
USD/JPY: Hold LONG from 120.35, TAKE PROFIT 122.13, STOP LOSS 119.59
GBP/USD: Hold SHORT from 1.5365, TAKE PROFIT 1.5201, STOP LOSS 1.5425...
Forex Analytics
Pound at important level
28 October 2015
Tatiana Norkina, FBS analyst
As expected, the GBP/USD currency pair has been trading inside the four-hour Ichimoku cloud recently. The bearish sentiment of the market participants, increasing since the middle of the past week, somewhat...
Forex Analytics
EURUSD hushed before FOMC
28 October 2015
Tatiana Norkina, FBS analyst
EURUSD keeps consolidating in a narrow price range of 1.1020-1.1060, after the past week's collapse. The oversoldness is obvious to prevents bears from increasing pressure, although the four-hour technical...
Forex Analytics
Trading plan for October 28
By Kira Iukhtenko
US Dollar has lost some ground at the beginning of the new week. Weak US data (housing, durable goods) and the expectations of the Fed pressure the US currency. The Fed is widely expected to leave interest rates unchanged this...
Forex Analytics
Danske Bank: trade signals for October 27
Open positions:*
EUR/USD: Hold SHORT at 1.1055, TAKE PROFIT 1.0848, STOP 1.1143
USD/JPY: Hold LONG at 120.35, TAKE PROFIT 122.13; STOP AT 119.59
GBP/USD: Hold SHORT at 1.5365, TAKE PROFIT 1.5201, STOP LOSS 1.5425
AUD/USD: Hold SHORT...
Forex Analytics
USD/CAD: buy target 1.3300
27 October 2015
By: Dmitriy Chernovolov
USD/CAD reached buy target 1.3100
Next buy target 1.3300
USD/CAD has been rising strongly in the last few trading sessions - breaking through the resistance level 1.3100, which was set as the buy target in our...
Forex Analytics
CAD/JPY: sell targets - 91.00 and 90.00
27 October 2015
By: Dmitriy Chernovolov
CAD/JPY reversed from resistance zone
Next sell targets - 91.00 and 90.00
CAD/JPY continues to fall after the price earlier reversed down from the strong resistance zone lying at the intersection...
Forex Analytics
Forex trading plan for October 27
By Elizabeth Belugina
US dollar significantly strengthened during the last week as the ECB gave dovish comments, while the People’s Bank of China reduced interest rates. This week traders are waiting for the results of the Federal Reserve’s...
Forex Analytics
USD/JPY: forecast for October 26-30
By Elizabeth Belugina
USD/JPY rose to the upper border of its September-October trading range in the 121.00 area.
Dovish comments from the European Central Bank’s Mario Draghi improved the market’s risk sentiment, and demand for the yen as a...
Forex Analytics
EUR/USD: forecast for October 26-30
By Elizabeth Belugina
EUR/USD fell below 1.1100 in the past week. The pair was hit both by the negative news from the euro area and revival of the market’s demand for the US dollars.
The European Central Bank’s President Mario Draghi said...
Forex Analytics
GBP/USD: forecast for October 26-30
By Kira Iukhtenko
GBP/USD failed to overcome the 1.5500 resistance on the past week. This is the trend line, connecting August and September highs. Support 1.5410 was broken after the dovish ECB meeting on Thursday. This move negated our...