Forex Analytics
Forex trading plan for November 25
Elizabeth Belugina
The Dollar Index (DXY) remains near the 8-month high in the 100.00 area, though American currency was undergoing a slight correction on Tuesday. The US released lower housing and manufacturing PMI data released on Monday...
Forex Analytics
CHF/JPY: sell target - 120.00
24 November 2015
By: Dmitriy Chernovolov
CHF/JPY broke pivotal support level 121.30
Next sell target - 120.00
CHF/JPY has been falling sharply in the last few trading sessions – following the earlier breakout of the pivotal support level 121.30...
Forex Analytics
Danske Bank: trade signals for November 24
Open positions:
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0766
GBP/USD: Hold SHORT at 1.5170, TAKE PROFIT 1.5000, STOP LOSS 1.5235
USD/JPY: Hold LONG at 123.00, TAKE PROFIT 124.63, STOP LOSS 122.19
USD/CHF: Hold...
Forex Analytics
EUR/USD: forecast for November 23-29
Elizabeth Belugina
Last week EUR/USD once again reversed to the downside sliding to 7-month lows just above 1.0600.
The focus remains on the monetary policy divergence between the Federal Reserve and the European Central Bank. The ECB...
Forex Analytics
USD/JPY: forecast for Novemver 23-29
Elizabeth Belugina
USD/JPY remains supported by the US yields, which, in turn, are higher on the expectations that the Federal Reserve will soon tighten its policy. The large speculators once again increased their net short positions on...
Forex Analytics
AUD/CAD: buy target - 0.9560
20 November 2015
By: Dmitriy Chernovolov
AUD/CAD broke resistance zone
Next buy target - 0.9560
AUD/CAD continues to rise after the recent breakout of the resistance zone lying at the intersection of the resistance level 0.9550 (which reversed...
Forex Analytics
EUR/JPY: sell target - 130.00
20 November 2015
By: Dmitriy Chernovolov
EUR/JPY reversed from resistance level 132.00
Next sell target - 130.00
EUR/JPY continues to fall after the recent sharp downward reversal from the pivotal resistance level 132.00 (former strong support...
Forex Analytics
Forex trading plan for November 20
By Kira Iukhtenko
US Dollar retraced lower on Thursday on the back of the “less-hawkish-than-expected” policy meeting minutes. Generally, the document still remains quite hawkish and leaves the door open for a rate hike in December. Beware...
Forex Analytics
GBP/CHF: buy targets - 1.5600 and 1.5800
19 November 2015
By: Dmitriy Chernovolov
GBP/CHF reached buy target 1.5400
Next buy targets - 1.5600 and 1.5800
GBP/CHF has been rising sharply in the last few trading sessions – following the earlier breakout of the pivotal resistance...
Forex Analytics
AUD/CHF: buy target - 0.7400
19 November 2015
By: Dmitriy Chernovolov
AUD/CHF reached buy targets 0.7130 and 0.7200
Next buy target - 0.7400
AUD/CHF has been rising strongly in the last few days inside the accelerated minor impulse wave (iii) – which belongs to the sharp...
Forex Analytics
Danske Bank: trade signals for November 19
Open positions:
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
USD/JPY: Hold LONG at 123.35, TAKE PROFIT 124.63, STOP LOSS 122.79
GBP/USD: Hold SHORT at 1.5256, TAKE PROFIT 1.4960, STOP LOSS 1.5330
USD/CHF: Hold...
Forex Analytics
USD/CHF: buy target - 1.0200
18 November 2015
By: Dmitriy Chernovolov
USD/CHF reached buy target 1.0100
Next buy target - 1.0200
USD/CHF continues to rise after the recent breakout of the resistance zone lying between the resistance levels 1.0000 and 1.0100 (which was set as...
Forex Analytics
CAD/CHF: buy target - 0.7700
18 November 2015
By: Dmitriy Chernovolov
CAD/CHF broke pivotal resistance level 0.7560
Next buy target - 0.7700
CAD/CHF continues to rise– following the earlier sharp breakout of the resistance zone lying at the intersection of the pivotal...
Forex Analytics
Danske Bank: trade signals for November 18
Open positions:
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
GBP/USD: Hold SHORT at 1.5256, TAKE PROFIT 1.4960, STOP LOSS 1.5330
USD/CHF: Hold LONG at 0.9820, TAKE PROFIT 1.0310, STOP LOSS 1.0039
AUD/USD: Hold...
Forex Analytics
Forex trading plan for November 18
By Kira Iukhtenko
US Dollar remained well-supported on Tuesday: USD Index hovers slightly below the historical highs at 99.60 as we write. Demand for the greenback is propelled by the Fed's rate hike expectations and the increased social and...
Forex Analytics
EUR/USD: sell target - 1.0600
17 November 2015
By: Dmitriy Chernovolov
EUR/USD reached sell target 1.0700
Next sell target - 1.0600
EUR/USD continues to fall after the recent breakout of the support level 1.0700, which was set as the sell target in our previous forecast for...
Forex Analytics
Danske Bank: trade signals for November 17
Open positions:
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
GBP/USD: Hold SHORT at 1.5256, TAKE PROFIT 1.4960, STOP LOSS 1.5330
USD/CHF: Hold LONG at 0.9820, TAKE PROFIT 1.0240, STOP LOSS 0.9833
AUD/USD: Hold...
Forex Analytics
Forex trading plan for November 17
Elizabeth Belugina
Stock markets moved down on the increased geopolitical risk and the market’s risk aversion. The focus this week will be on the minutes of the Federal Reserve’s more hawkish meeting on Wednesday. On Tuesday the US will...
Forex Analytics
EUR/GBP: buy target - 0.7100
16 November 2015
By: Dmitriy Chernovolov
EUR/GBP reached sell target 0.7040
Next buy target - 0.7100
EUR/GBP today reversed up sharply - after the price reached the pivotal support level 0.7040, which was set as the sell target in our previous...