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Forex Analytics USD/JPY: buy target - 118.70 19 January 2016 By: Dmitriy Chernovolov -USD/JPY reversed from support zone -Next buy target - 118.70 USD/JPY continues to rise after the recent sharp upward reversal from the support zone lying at the intersection of the following support levels –...

Forex Analytics Forex trading plan for January 19 Sanctions were lifted from Iran, and oil traded close to 13-year lows, though in general the market has tried to stabilize. On Tuesday the markets will be tested by Chinese statistics. Annual GDP growth rate is expected to stay at 6.9%, while...

Forex Analytics AUD/USD: weekly wave analysis (18.01) 18 January 2016 Roman Petuchov Daily. After the end of the B correction we've seen a strong bearish move in a new descending impulse. H4. Waves and [ii] were built. Wave [iii] is now under construction. On the new week we expect the...

Forex Analytics USD/JPY: weekly wave analysis (18.01) 18 January 2016 Roman Petuchov Daily. As expected, the pair keeps on moving to the downside. The final wave [z] of Y is now being developped. H4. Wave [z] is a simple descending zigzag. We'll now observe the waves (B) and (C). More...

Forex Analytics GBP/USD: weekly wave analysis (18.01) 18 January 2016 Roman Petuchov Daily. After the end of the triangle, we've seen a sharp drop in a descending impulse [C]. H4. The wave [C] hasn't been finished yet, so we expect the market to decline to the downside. Corrective waves are...

Forex Analytics EUR/USD: weekly wave analysis (18.01) Roman Petuchov Daily. The market keeps on forming a corrective wave (4), it is close to its end. The price is expected to grow in a wave Z. H4. Wave Z takes form of a simple ascending zigzag. Wave [c] of Z is now being developped. Price...

Forex Analytics GBP/USD: forecast for January 18-24 By Kira Iukhtenko British currency remains under bearish pressure for a third week in a row: the cable plummeted below 1.44 on the past week. We see potential for more downside in the coming days. However, note that the pair is approaching a...

Forex Analytics EUR/USD: forecast for January 18-24 15 January 2016 By Elizabeth Belugina The single currency has been rather stable versus the US dollar in the recent weeks as last month the European Central Bank did less monetary easing than expected. In addition, the euro was supported as a...

Forex Analytics CAD/JPY: sell targets - 80.00 and 79.00 15 January 2016 By: Dmitriy Chernovolov CAD/JPY reached sell target 82.00 Next sell targets - 80.00 and 79.00 CAD/JPY continues to fall after the earlier breakout of the support level 82.00, which was set as the sell target in our...

Forex Analytics NZD/JPY: sell target - 74.50 15 January 2016 By: Dmitriy Chernovolov NZD/JPY falling inside impulse waves 3 and (3) Next sell target - 74.50 NZD/JPY recently reversed down with the daily Japanese candlesticks reversal pattern Evening Star from the resistance level 77.50...

Forex Analytics USD/JPY: forecast for January 18-24 15 January 2016 By Elizabeth Belugina The Bank of Japan once again pointed out that for now it is not planning to ease monetary policy, though it will do so in case of the risk that inflation won’t reach the target level. Thus, the prospect of...

Forex Analytics Forex trading plan for January 15 By Kira Iukhtenko Markets are trying to recover the recent losses on Thursday, but we have no reasons to believe that the global selloff is over. EUR/USD attempted to grow, but was capped at 1.0940 after the dovish ECB minutes released. It...

Forex Analytics EUR/CAD: buy targets - 1.5800 and 1.6000 14 January 2016 By: Dmitriy Chernovolov EUR/CAD broke strong resistance zone Next buy targets - 1.5800 and 1.6000 EUR/CAD continues to rise strongly – following the earlier sharp breakout of the strong resistance zone lying between the...

Forex Analytics Aussie is bound down again 14 January 2016 Tatiana Norkina, FBS analyst Trading on the AUD/USD currency pair closed on a negative note yesterday. Despite the active buying in the morning, the rate had dropped into the 0.6950 area, to this week's lows, by the end of the day...

Forex Analytics Morgan Stanley: open FX positions 14 January 2016 EUR/AUD: Hold LONG from 1.5780, TAKE PROFIT 1.6200, STOP LOSS 1.4850 (entered on January 7) USD/CAD: Hold LONG from 1.3287, TAKE PROFIT 1.4500, STOP LOSS 1.3930 (entered on November 19) NZD/USD: Limit order to SELL from 0.6740...

Forex Analytics USD/CAD: buy target - 1.4600 14 January 2016 By: Dmitriy Chernovolov USD/CAD approached buy target 1.4400 Next buy target - 1.4600 USD/CAD is currently approaching the resistance level 1.4400, which was set as the buy target in our previous forecast for this currency pair. The...

Forex Analytics Forex trading plan for January 14 Risk sentiment: The market’s sentiment improved on better Chinese data. Demand for the yen and franc – traditional safe havens – and the euro declined pulling down their exchange rates vs. the greenback. As for the US dollar, pay attention...

Forex Analytics NZD/CHF: buy target - 0.6700 13 January 2016 By: Dmitriy Chernovolov NZD/CHF reversed from support area Next buy target - 0.6700 NZD/CHF recently reversed up sharply from the support area located between the support level 0.6500 (which also previously reversed the pair with...

Forex Analytics AUD/USD: buy target - 0.7100 13 January 2016 By: Dmitriy Chernovolov AUD/USD reversed from pivotal support level 0.6940 Next buy target - 0.7100 AUD/USD continues to rise after the recent upward reversal from the pivotal support level 0.6940 (which also previously reversed the...

Forex Analytics Euro remained inside cloud 13 January 2016 Tatiana Norkina, FBS analyst The major currency pair on Forex keeps trading within the four-hour Ichimoku cloud. By the end of yesterday's trading, the pair's rate was sliding to the 08th figure area, testing the cloud's lower border...