Forex Analytics
Danske Bank: trade signals for Sept 30
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 1.5265...
Forex Analytics
Forex trading plan for September 30
By Elizabeth Belugina
The market’s risk sentiment remain unstable and will more likely swing to the negative than to the positive side. Traders continue trying to guess when and how fast the Federal Reserve will be raising interest rate...
Forex Analytics
GBP/USD: forecast for Sep 28-Oct 4
By Kira Iukhtenko
GBP/USD remains under selling pressure and formed a “bearish engulfing” candle. However, be the end of the week the pair found support at 1.5160. We don’t recommend selling the pair before it fixes below this mark.
Next...
Forex Analytics
US Dollar: forecast for Sept 28-Oct 4
By Kira Iukhtenko
Hawkish comments of the Fed’s chief Janet Yellen pushed the US Dollar higher on the past week. USD index strengthened above 96 points on the increased expectations of the Fed’s hike in 2015. Fix above 100 points will open...
Forex Analytics
USD/JPY: forecast for Sep 28-Oct 4
By Elizabeth Belugina
Hawkish comments from the Federal Reserve support US dollar kept USD/JPY above 119.00. At the same time, the market’s poor risk sentiment and moderate comments from the Bank of Japan didn’t let the pair to settle above...
Forex Analytics
EUR/USD: forecast for Sep 28-Oct 4
By Elizabeth Belugina
EUR/USD found support in the 1.1100/15 area. However, we do not see potential for any sizeable increase in the single currency: it seems that what we are seeing is nothing more than consolidation. On the upside...
Forex Analytics
GBP/CHF: buy target - 1.5100
25 September 2015
By: Dmitriy Chernovolov
-GBP/CHF reversed from support area
-Next buy target - 1.5100
GBP/CHF recently reversed up strongly from the support area lying between the support level 1.4900 (former upper boundary of the sideways price...
Forex Analytics
EUR/USD: sell target - 1.1100
25 September 2015
By: Dmitriy Chernovolov
-EUR/USD reversed from resistance area
-Next sell target - 1.1100
EUR/USD continues to fall after the recent sharp downward reversal from the resistance zone lying between the resistance level 1.1300 and...
Forex Analytics
Euro losing ground
23 September 2015
Tataiana Norkina, FBS analyst
The major currency pair on Forex continued its decline yesterday. The European currency began sharply giving ground since the very morning, after the Tenkan and Kijun lines had formed a dead cross on the...
Forex Analytics
Danske Bank: trade signals for September 22
Open positions:*
USD/CHF: Hold LONG at 0.9690, TAKE PROFIT 0.9861, STOP LOSS 0.9640
AUD/USD: Hold LONG at 0.7100, TAKE PROFIT 0.7373, STOP LOSS 0.7095
EUR/CAD: Hold SHORT at 1.4970, TAKE PROFIT 1.4598, STOP LOSS 1.5090
GBP/JPY...
Forex Analytics
EUR/USD: sell targets - 1.1100 and 1.1000
22 September 2015
By: Dmitriy Chernovolov
-EUR/USD reversed from resistance level 1.1400
-Next sell targets - 1.1100 and 1.1000
EUR/USD continues to fall after the recent downward reversal from the resistance level 1.1400 (which is...
Forex Analytics
Forex trading plan for September 22
By Elizabeth Belugina
The Federal Reserve’s meeting came and went, but investors remain undecided about the global currency picture. On the one hand, the Fed delayed a rate hike. On the other hand, traders look at the other central banks for...
Forex Analytics
Danske Bank: trade signals for September 21
Open positions:*
GBP/USD: Hold LONG at 1.5585, TAKE PROFIT 1.5819, STOP LOSS 1.5470
EUR/JPY: Hold LONG at 136.10, TAKE PROFIT 140.03, STOP LOSS 134.98
EUR/GBP: Hold LONG at 0.7303, TAKE PROFIT 0.7483, STOP LOSS 0.7213
EUR/CHF...
Forex Analytics
USD/JPY: weekly wave analysis
20 September 2015
Roman Petuchov
Weekly. The price keeps on growing in a long-term bullish impulse. Correction (IV) is now being formed. Growth will continue afterwards. Let's review the markup in details.
H4. Bearish impulse C is the final...
Forex Analytics
GBP/USD: weekly wave analysis
20 September 2015
Daily. After British pound had completed the complex triple , we saw the beginning of the new downtrend. The pair has formed impulse (1) and correction to it (2). This week we expect the bearish trend to resume.
H4. Zigzag (2)...
Forex Analytics
EUR/USD: weekly wave analysis
20 September 2015
Daily. The market keeps moving within corrective (4), which is taking form of a double triple. When this wave is over, the pair’s decline will continue in impulse (5).
H4. Here is the detailed layout of the last section. At...
Forex Analytics
GBP/USD: forecast for September 21-27
Kira Iukhtenko
British pound extended the upside on the past week. Inflation slipped back to 0% in August, but the currency got support from the upbeat employment and retail sales figures. The market still expects the Bank of England to...
Forex Analytics
EUR/USD: forecast for September 21-27
By Elizabeth Belugina
EUR/USD found support at 1.1215 and energetically rebounded to the levels above 1.1400. The weakness of the US dollar as the Federal Reserve has left policy unchanged provides the euro with potential to strengthen to...
Forex Analytics
USD/JPY: forecast for September 21-27
By Elizabeth Belugina
US dollar declined versus Japanese yen as the Federal Reserve refrained from raising interest rate and gave a dovish statement to the market. USD/JPY slid to 119.00.
In our view, US dollar will be a subject of the...