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Forex Analytics Forex trading plan for October 7 By Kira Iukhtenko Financial markets are enjoying risk-on sentiment as the US labor market figures last week decreased expectations for a rate hike in 2015. Traders now await the FOMC meeting minutes release on Thursday – the publication could...

Forex Analytics Danske Bank: trade signals for October 6 Open positions:* EUR/USD: Hold SHORT at 1.1269, TAKE PROFIT 1.1017, STOP LOSS 1.1333 GBP/USD: Hold LONG at 1.5160, TAKE PROFIT 1.5318, STOP LOSS 1.5085 USD/JPY: Hold LONG at 120.20, TAKE PROFIT 123.13, STOP LOSS 119.66 USD/CHF: Hold...

Forex Analytics Dollar recovered against yen 6 October 2015 Tatiana Norkina, FBS analyst The USD/JPY currency pair recovered into the 120.20 resistance area again during yesterday's trading session. Trading started quite positively, with the prices consolidating within the four-hour Ichimoku...

Forex Analytics Aussie breaking through cloud 6 October 2015 Tatiana Norkina, FBS analyst The AUD/USD currency pair grew up to the Ichimoku cloud upper border on the four-hour time frame yesterday morning, testing the powerful resistance of 0.7090. However, the bulls felt confident after...

Forex Analytics Forex trading plan for October 6 By Elizabeth Belugina US dollar was hit by weak US labor market data (primarily, NFP) on Friday. However, technically American currency has managed to hold its ground after the initial selloff. Traders still see that the Federal Reserve will...

Forex Analytics EUR/USD: weekly wave analysis Daily. The pair keeps moving within the upward corrective wave (4). This wave is taking form of a rather complicated double triple. Currently EUR/USD is forming its final part y. Let’s view the layout at Н4. H4. We are probably seeing the...

Forex Analytics GBP/USD: weekly wave analysis 5 October 2015 Daily. After a powerful decline within the impulse [A], we saw a complicated correction , which took form of an atypical triple three. It seems that at the last section the decline within the new trend [C] has already started. H4...

Forex Analytics USD/JPY: weekly wave analysis 5 October 2015 Weekly. Here’s the layout of the multi month uptrend. Let’s review the layout of the wave (IV) at the more detailed chart. H4. The market is moving in the ‘endless’ sideways triangle [iv]. This week we may see the end of the wave...

Forex Analytics AUD/USD: weekly wave analysis 5 October 2015 Daily. Development within the long downtrend A is over. At the last section we see the formation of the initial phase of the upward correction B. Weekly. This week we will likely see the pair’s growth, in line with the current...

Forex Analytics Danske Bank: trade signals for Oct. 5 Open positions:* EUR/USD: Hold SHORT at 1.1269, TAKE PROFIT 1.1017, STOP LOSS 1.1333 USD/CHF: Hold LONG at 0.9695, TAKE PROFIT 0.9903, STOP LOSS 0.9639 EUR/JPY: Hold SHORT at 134.85, TAKE PROFIT 131.30, STOP LOSS 135.45 EUR/CHF: Hold...

Forex Analytics US Dollar: forecast for October 5-11 By Kira Iukhtenko US Dollar was hit by the weak labor market data released on Friday. US economy added only 142K new jobs in September, while the October reading was revised down to 136K. Average hourly earnings showed zero growth...

Forex Analytics EUR/USD: forecast for October 5-11 By Elizabeth Belugina During the past week lower-than-expected euro zone’s September inflation figures were welcome by the euro bears, as they strengthened expectations of more monetary stimulus from the European Central Bank. According to...

Forex Analytics GBP/USD: forecast for October 5-11 By Kira Iukhtenko GBP/USD broke above the 1.5160 resistance on the downbeat US labor market data on Friday. The pair confirmed a reversal “rising wedge” pattern on the daily chart. It seems that the bearish trend has finally ended. The pair is...

Forex Analytics USD/JPY: forecast for October 5-11 By Elizabeth Belugina The main event for Japanese yen next week will be the Bank of Japan’s meeting on Wednesday. The central bank’s Tankan survey showed that sentiment among big Japanese manufacturers slipped in Q3. At the same time, other...

Forex Analytics CAD/JPY: buy target - 92.00 2 October 2015 By: Dmitriy Chernovolov CAD/JPY reached sell target 90.00 Next buy target - 92.00 CAD/JPY has been rising sharply in the last few days – following the earlier upward reversal from the strong support zone lying between the support...

Forex Analytics Forex trading plan for October 2 By Elizabeth Belugina Concerns about a sharp slowdown in the global economy somewhat declined as China’s manufacturing data for September were largely steady from the previous month (49.8 vs. 49.7). This helped US dollar against the refuge...

Forex Analytics Danske Bank: trade signals for Oct 1 Open positions:* EUR/USD: Hold SHORT at 1.1269, TAKE PROFIT 1.1017, STOP LOSS 1.1333 USD/JPY: Hold LONG at 119.80, TAKE PROFIT 123.13 (revised), STOP LOSS 118.95 GBP/USD: Hold SHORT at 1.5275, TAKE PROFIT 1.4973, STOP LOSS 1.5220 (revised)...

Forex Analytics Forex trading plan for October 1 By Kira Iukhtenko US Dollar remains supported after the release of ADP NFP on Wednesday (200K versus 192K expected). The figures increase expectations for the upbeat official NFP on Friday (forecast 202K). However, it is not all so bright in...

Forex Analytics EUR/CHF: buy targets - 1.1000 and 1.1050 30 September 2015 By: Dmitriy Chernovolov EUR/CHF completed intermediate wave (4) Next buy targets - 1.1000 and 1.1050 EUR/CHF continues to rise – following the earlier sharp upward reversal from the support zone lying between the...

Forex Analytics GBP/USD: sell targets - 1.5100 and 1.5000 30 September 2015 By: Dmitriy Chernovolov GBP/USD broke pivotal support level 1.5200 Next sell targets - 1.5100 and 1.5000 GBP/USD continues to decline after the recent breakout of the pivotal support level 1.5200 (which reversed...