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Forex Analytics Forex trading plan for January 13 By Kira Iukhtenko Economic calendar on Wednesday consists of a couple events, but they are very important in the current market conditions. Watch the Chinese trade balance in the Asian session. Contraction of the trade surplus could become an...

Forex Analytics Societe Generale: trading USD/CHF 12 January 2016 Analysts at Societe Generale point out that in October USD/CHF broke to the upside the triangle, within which it was trading since the beginning of 2015. Then the greenback pulled back to the upper border of the pattern in the...

Forex Analytics GBP/USD: bearish pressure persists 12 January 2016 By Kira Iukhtenko Despite the recent recovery of GBP/USD, the majority of analysts maintain a bearish view for the pair. The current descending channel remains active. For instance, Credit Suisse holds a SHORT position since...

Forex Analytics USD/JPY consolidating 12 January 2016 Tatiana Norkina, FBS analyst Yesterday's trading on the USD/JPY currency pair began with a gapdown of nearly 30 pips below the Friday's close level. At the Asian session, the pair tumbled by about another 50 pips, following the trend, and...

Forex Analytics Forex trading plan for January 12 Last week: Yuan’s devaluation, Chinese stocks decline, oil price falling by more than 11%, good NFP release in the US (+292K), but weak average hourly earnings. Risk sentiment: Mildly negative. European shares made small gains, though Asian...

Forex Analytics CAD/CHF: buy targets - 0.7100 and 0.7150 11 January 2016 By: Dmitriy Chernovolov CAD/CHF reversed from round support level 0.7000 Next buy targets - 0.7100 and 0.7150 CAD/CHF continues to rise – following the earlier sharp upward reversal from the major round support level...

Forex Analytics EUR/CAD: sell target - 1.5200 11 January 2016 By: Dmitriy Chernovolov EUR/CAD reached buy target 1.5400 Next sell target - 1.5200 EUR/CAD today reversed down from the resistance zone lying between the resistance levels 1.5400 (previous buy target set in our earlier forecast...

Forex Analytics EUR/GBP: sell target - 0.7400 8 January 2016 By: Dmitriy Chernovolov EUR/GBP reversed from long-term resistance level 0.7470 Next sell target - 0.7400 EUR/GBP today reversed down from the major, long-term resistance level 0.7470 (which earlier reversed the previous sharp...

Forex Analytics GBP/CAD: buy target - 2.0800 8 January 2016 By: Dmitriy Chernovolov GBP/CAD reversed from support zone Next buy target - 2.0800 GBP/CAD continues to rise inside the 3rd minor impulse wave 3 – which started recently, when the pair reversed up from the support zone lying between...

Forex Analytics GBP/USD: sell target - 1.4500 7 January 2016 By: Dmitriy Chernovolov GBP/USD reached sell target 1.4750 Next sell target - 1.4500 GBP/USD recently fell sharply – breaking through the support level 1.4750, which was set as the sell target in our previous forecast for this...

Forex Analytics USD/JPY: sell targets - 117.00 and 116.20 7 January 2016 By: Dmitriy Chernovolov USD/JPY broke pivotal support level 118.60 Next sell targets - 117.00 and 116.20 USD/JPY today broke below the pivotal support level 118.60 (which has been reversing the price from the end of...

Forex Analytics USD/CAD: buy targets - 1.4200 and 1.4400 6 January 2016 By: Dmitriy Chernovolov USD/CAD reached buy target 1.4000 Next buy targets - 1.4200 and 1.4400 USD/CAD continues to rise after the earlier breakout of the round resistance level 1.4000 – which was set as the buy target in...

Forex Analytics GBP/JPY: sell target - 172.00 6 January 2016 By: Dmitriy Chernovolov GBP/JPY broke pivotal support level 176.00 Next sell target - 172.00 GBP/JPY continues to fall strongly – following the earlier breakout of the pivotal long-term support level 176.00, which has been reversing...

Forex Analytics GBP/USD: sell target - 1.4750 30 December 2015 By: Dmitriy Chernovolov GBP/USD falling inside impulse waves (iii), 3 and (3) Next sell target - 1.4750 GBP/USD has been falling sharply in the last few trading sessions- following the earlier breakout of the round support level...

Forex Analytics CAD/JPY: sell target - 86.30 30 December 2015 By: Dmitriy Chernovolov CAD/JPY reversed from resistance zone Next sell target - 86.30 CAD/JPY today reversed down from the resistance zone lying between the resistance level 87.30(which also previously reversed the earlier minor...

Forex Analytics EUR/CAD: buy target - 1.5400 29 December 2015 By: Dmitriy Chernovolov EUR/CAD reversed from support zone Next buy target - 1.5400 EUR/CAD continues to rise inside the minor impulse wave (iii) – which started earlier this month – when the pair reversed up from the support zone...

Forex Analytics EUR/GBP: buy target - 0.7400 29 December 2015 By: Dmitriy Chernovolov EUR/GBP rises inside impulse wave (3) Next buy target - 0.7400 EUR/GBP continues to rise inside the 3rd intermediate impulse wave (3) - which started earlier this month, when the pair reversed up from the...

Forex Analytics GBP/CHF: buy target - 1.4900 28 December 2015 By: Dmitriy Chernovolov GBP/CHF reversed from powerful support level 1.4600 Next buy target - 1.4900 GBP/CHF continues to rise after the recent upward reversal from the powerful support level 1.4600 (which earlier reversed waves...

Forex Analytics GBP/NZD: sell target - 2.1500. 23 December 2015 By: Dmitriy Chernovolov GBP/NZD reached sell target 2.2000 Next sell target - 2.1500. GBP/NZD recently broke sharply below the support level 2.2000, which was set in our earlier forecast as the sell target for this currency pair...

Forex Analytics NZD/USD: buy target - 0.6900 23 December 2015 By: Dmitriy Chernovolov NZD/USD broke resistance level 0.6800 Next buy target - 0.6900 NZD/USD has been rising in the last few trading sessions inside the 3rd minor impulse wave 3 - which belongs to the intermediate (C)-wave from...