Forex Analytics
CHF/JPY: buy target - 123.00
16 November 2015
By: Dmitriy Chernovolov
CHF/JPY reversed from support level 121.30
Next buy target - 123.00
CHF/JPY continues to rise after the recent sharp upward reversal from the support level 121.30 (which also previously reversed the earlier...
Forex Analytics
Danske Bank: trade signals for November 16
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...
Forex Analytics
GBP/USD: forecast for November 16-22
By Kira Iukhtenko
British currency remains highly volatile: GBP/USD has recovered 50% Fibonacci from the early November rally. Buyers faced resistance at 1.5250. You may see a symmetrical triangle on the H4 chart.
We see two ways to trade...
Forex Analytics
US Dollar: forecast for November 16-22
13 November 2015
By Kira Iukhtenko
US Dollar retraced a little lower on the past week, but we review this move as a wave of profit taking. The Fed’s officials stepped into the market with a bunch of comments, but there was nothing limiting...
Forex Analytics
EUR/USD: forecast for November 16-22
Elizabeth Belugina
EUR/USD remained under bearish pressure, but found some support just below 1.0700 as investors’ risk sentiment was not very bright, and demand for lower-yielding euro increased in comparison with the demand for the US...
Forex Analytics
USD/JPY: forecast for November 16-22
Elizabeth Belugina
USD/JPY corrected down from 123.60 to the 122.50 area. Demand for Japanese yen as a safe haven increased after Chinese data this week renewed concerns about the global economy. On such background the approaching US rate...
Forex Analytics
USD/CHF: buy target - 1.0100
13 November 2015
By: Dmitriy Chernovolov
USD/CHF reversed from parity
Next buy target - 1.0100
USD/CHF recently reversed down from the upper resistance trendline of the wide daily up channel from May.The subsequent downward correction today...
Forex Analytics
USD/CAD: buy target - 1.3420
13 November 2015
By: Dmitriy Chernovolov
USD/CAD reached buy target 1.3300
Next buy target - 1.3420
USD/CAD recently reached the resistance level 1.3300, which was set as the buy target in our previous forecast for this currency pair. The active...
Forex Analytics
Danske Bank: trade signals for November 13
Open positions:*
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
USD/CHF: Hold LONG at 0.9820, TAKE PROFIT 1.0240, STOP LOSS 0.9833
USD/CAD: Hold LONG at 1.3150, TAKE PROFIT 1.3457, STOP LOSS 1.3190 (revised)...
Forex Analytics
AUD/NZD: buy target - 1.1000
12 November 2015
By: Dmitriy Chernovolov
AUD/NZD reversed from support zone
Next buy target - 1.1000
AUD/NZD has been rising sharply in the last few trading sessions inside the 3rd primary impulse wave ③, which started at the end of October - when...
Forex Analytics
EUR/AUD: sell targets - 1.5000 and 1.4800
12 November 2015
By: Dmitriy Chernovolov
EUR/AUD reached sell targets 1.5200 and 1.5100
Next sell targets - 1.5000 and 1.4800
EUR/AUD continues to fall after the recent breakout of the support zone lying between the support levels...
Forex Analytics
Danske Bank: trade signals for November 12
Open positions:*
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
USD/JPY: Hold LONG at 123.22, TAKE PROFIT 125.28, STOP LOSS 122.62
USD/CHF: Hold LONG at 0.9820, TAKE PROFIT 1.0240, STOP LOSS 0.9833
AUD/USD: Hold...
Forex Analytics
Trading plan for November 12
Kira Iukhtenko
FX market volatility remains subdued on Wednesday as the US and Canadian markets are closed due to the Veteran’s day celebration. US Dollar Index holds above 99 points, but lacks momentum to extend the rally for now. What to expect...
Forex Analytics
EUR/GBP: sell target - 0.70400
11 November 2015
By: Dmitriy Chernovolov
EUR/GBP falling inside intermediate impulse wave (3)
Next sell target - 0.70400
EUR/GBP continues to fall inside the 3rd intermediate impulse wave (3), which is a part of the primary impulse wave ③ from...
Forex Analytics
GBP/CHF: buy target - 1.5400
11 November 2015
By: Dmitriy Chernovolov
GBP/CHF reversed from pivotal support level 1.5100
Next buy target - 1.5400
GBP/CHF recently reversed up sharply from the pivotal support level 1.5100 (former strong resistance level which reversed earlier...
Forex Analytics
Danske Bank: trade signals for November 11
Open positions:*
EUR/USD: Hold SHORT at 1.0720, TAKE PROFIT 1.0458, STOP LOSS 1.0835
USD/JPY: Hold LONG at 123.22, TAKE PROFIT 125.28, STOP LOSS 122.62
USD/CHF: Hold LONG at 0.9820, TAKE PROFIT 1.0240, STOP LOSS 0.9833 (revised)...
Forex Analytics
Trading plan for November 11
By Kira Iukhtenko
US Dollar extends the upside after a short-term pause on Monday. USD index returned to the Friday’s post-NFP high of 99.40 on Tuesday. We remain bullish for the USD this week. Watch the FOMC members’ comments on Thursday and the...
Forex Analytics
NZD/CAD: sell targets - 0.8600 and 0.8500
10 November 2015
By: Dmitriy Chernovolov
NZD/CAD broke daily up channel
Next sell targets - 0.8600 and 0.8500
NZD/CAD recently fell sharply - breaking through the support trendline of the daily up channel from September (which has...
Forex Analytics
Danske Bank: trade signals for November 10
Open positions:*
EUR/USD: SELL at 1.0825, TAKE PROFIT 1.0571, STOP LOSS 1.0903
GBP/JPY: BUY at 184.25, TAKE PROFIT 190.00, STOP LOSS 183.65
NZD/USD: Possibly SELL
Trade ideas:
USD/JPY: Hold LONG at 123.22, TAKE PROFIT 125.28, STOP...
Forex Analytics
Forex trading plan for November 10
By Elizabeth Belugina
The advance of the US dollar after the release of strong labor market data in America on Friday paused on Monday as the market participants took profit.
EUR/USD recovered from Friday lows just above 1.0700 to resistance...