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Forex Analytics Forex trading plan for October 16 The market’s sentiment is very changeable as it swings by the influence of data releases. US inflation data for September came in line with expectations with the core figures slightly exceeding forecast. All in all, traders were preparing for...

Forex Analytics Danske Bank: trade signals for October 15 Open positions:* EUR/USD: Hold LONG from 1.1320, TAKE PROFIT 1.1561, STOP LOSS 1.1263 (revised) USD/JPY: Hold LONG from 119.46, TAKE PROFIT 120.57, STOP LOSS 118.59 USD/CHF: Hold SHORT at 0.9540, TAKE PROFIT 0.9301 (revised), STOP...

Forex Analytics Forex trading plan for October 15 By Kira Iukhtenko US figures on Wednesday pulled the US Dollar down below the 94.50 support. Retail sales and PPI disappointed the markets and lowered expectations for a rate hike in 2015. On Thursday, we’ll watch the US CPI and the Philly...

Forex Analytics Danske Bank: trade signals for October 13 Trade positions of Danske Bank: not so many changed from Monday. Open positions:* EUR/USD: Hold LONG from 1.1320, TAKE PROFIT 1.1561, STOP LOSS 1.1230 USD/JPY: Hold LONG from 120.10, TAKE PROFIT 121.33, STOP LOSS 119.55 EUR/CHF...

Forex Analytics Aussie at new heights 13 October 2015 Tatiana Norkina, FBS analyst The AUD/USD currency pair formed a new extremum for the past month yesterday. Due to quite agressive actions of the bulls the currency pair rate has soared under the 74th figure, breaking the last week's high of...

Forex Analytics Yen strengthening 13 October 2015 Tatiana Norkina, FBS analyst The USD/JPY currency pair ended up again next to the four-hour Ichimoku cloud during yesterday's trading session. The bears are increasing pressure and trying to break the cloud downwards, which is why, the Senkou...

Forex Analytics Forex trading plan for October 13 By Elizabeth Belugina On Monday there were some hawkish comments from the Fed’s member Lockhart, but with the US banks on holiday and the market being tired of guessing about the timing of the Fed’s rate hike the greenback didn’t react. On...

Forex Analytics Danske Bank: trade signals for October 12 Open positions:* EUR/USD: Hold LONG from 1.1320, TAKE PROFIT 1.1561, STOP LOSS 1.1230 USD/JPY: Hold LONG from 120.10, TAKE PROFIT 121.33, STOP LOSS 119.55 EUR/CHF: Hold LONG from 1.0910, TAKE PROFIT 1.1186, STOP LOSS 1.0865 EUR/CAD...

Forex Analytics EUR/USD: weekly wave analysis 11 October 2015 Daily. The market keeps moving within the final part of a complicated corrective wave (4). The pair has to form the final part – коррекцию [Z] of y of (4). H4. It seems that the wave [X] took form of the converging horizontal...

Forex Analytics GBP/USD: weekly wave analysis 11 October 2015 Daily. After finishing the bullish correction wave , which took form of a triple three, we saw the beginning of a new downtrend [C]. In the coming weeks the pair will likely decline. H4. The final part of the upside Zigzag 2 is...

Forex Analytics USD/JPY: weekly wave analysis 11 October 2015 Weekly. The market keeps forming the multiyear uptrend. The pair is currently forming corrective wave (IV), let us review its inner structure. H4. At the new week, we expect formation of the final part of the converging horizontal...

Forex Analytics AUD/USD: weekly wave analysis 11 October 2015 Daily. In line with the forecast, the formation of the downward impulse wave A was completed. At the final part, we see the beginning of correction. H4. As expected, we saw a powerful movement within the [c]. The pair will likely...

Forex Analytics GBP/USD: forecast for October 12-18 Kira Iukhtenko UK currency jumped by almost 300 pips since early October. The major reason is the weakness of the US currency and technical conditions. The cable reached our target of 1.5330. However, bearish BOE comments on Thursday paused...

Forex Analytics USD/JPY: forecast for October 12-18 By Elizaveta Belugina USD/JPY has spent another week trading sideways. This time the range has narrowed to 120.60/119.60. The pair lacks drivers to move out of the current corridor. The upside is limited as the Bank of Japan (BOJ) didn’t...

Forex Analytics EUR/USD: forecast for October 12-18 By Elizabeth Belugina The past week turned out to be positive for the euro. Despite the weak production data from Germany and the dovish tone of September ECB meeting minutes, the euro held its ground and managed to rise above the...

Forex Analytics US Dollar: forecast for October 12-18 Kira Iukhtenko The Fed’s rate hike timing remains the most important topic for the currency traders. FOMC meeting minutes released last week disappointed. The members discussed the increased economic risks, not the need for a rate hike...

Forex Analytics Forex trading plan for October 9 The trading plan for Friday, October 9, was prepared and released before the end of the US trading session on Thursday, October 8. Traders await the release of the Federal Reserve’s September meeting minutes at 18:00 GMT on Thursday, so the...

Forex Analytics Forex trading plan for October 8 By Kira Iukhtenko Demand for the US Dollar remained subdued on Wednesday - the market is now repricing the chance for the Fed’s rate hike in the year 2015. We’ll be watching US unemployment claims and FOMC meeting minutes on Thursday. The...

Forex Analytics GBP/NZD: sell target - 2.2720 7 October 2015 By: Dmitriy Chernovolov GBP/NZD reached sell target 2.3350 Next sell target - 2.2720 GBP/NZD continues to fall strongly – following the earlier breakout of the support level 2.3350, which was set as the sell target in our previous...

Forex Analytics NZD/CAD: buy target – 0.8700 7 October 2015 By: Dmitriy Chernovolov NZD/CAD reached buy target 0.8600 Next buy target - 0.8700 NZD/CAD today reached the round resistance level 0.8600 – which was set as the buy target in our previous forecast for this currency pair. The price...