Forex Analytics
US Dollar: forecast for September 21-27
Kira Iukhtenko
Market sentiment towards the US Dollar worsened significantly following the FOMC decision to leave rates unchanged on Thursday. The Fed’s policy statement turned out to be more dovish than expected, referring to the...
Forex Analytics
AUD/CAD: buy target - 0.9550
18 September 2015
By: Dmitriy Chernovolov
-AUD/CAD broke resistance zone
-Next buy target - 0.9550
AUD/CAD continues to rise after recently breaking above the strong resistance zone lying between the resistance levels 0.9440 and 0.9400. This is...
Forex Analytics
USD/CHF: sell target - 0.9500
18 September 2015
By: Dmitriy Chernovolov
-USD/CHF reversed from resistance level 0.9800
-Next sell target - 0.9500
USD/CHF recently reversed down from the resistance level 0.9800 - which is the lower boundary of the strong resistance zone lying...
Forex Analytics
Trading plan for September 17
Kira Iukhtenko
Bearish pressure on the US Dollar increased after the US inflation figures confirmed price growth slowdown. As a result, market doubts about a potential rate hike on tomorrow’s meeting declined. Fed’s decision will be announced on...
Forex Analytics
Danske Bank: trade signals for September 16
Open positions:*
EUR/USD: Hold SHORT at 1.1315, TAKE PROFIT 1.1087, STOP LOSS 1.1402
GBP/USD: Hold LONG at 1.5340, TAKE PROFIT 1.5563, STOP AT 1.5280
AUD/USD: Hold LONG at 0.7100, TAKE PROFIT 0.7250, STOP AT 0.7030
USD/CAD: Hold...
Forex Analytics
Euro kept inside cloud
16 September 2015
Tatiana Norkina, FBS analyst
As expected, EUR/USD bounced off the cloud's upper border resistance at 1.3440-1.3460 and, as a result, remained within the four-hour Ichimoku cloud. The short-term upward trend is yet maintained since the...
Forex Analytics
Pound weakened against dollar
16 September 2015
Tatiana Norkina, FBS analyst
The British currency showed weakness against the American again during yesterday's trading. The bulls have failed to break through the 1.5460 resistance to the four-hour Ichimoku cloud upper border...
Forex Analytics
Forex trading plan for September 16
By Elizabeth Belugina
Data released in the United States on Tuesday showed that US retail sales growth has slowed down in August, but the previous figures for July were revised to the upside. Overall, the report provides positive view of the...
Forex Analytics
Danske Bank: trade signals for September 15
Open positions:*
EUR/USD: Hold SHORT at 1.1315, TAKE PROFIT 1.1087, STOP LOSS 1.1402
EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1186, STOP LOSS 1.0869
USD/CAD: Hold LONG at 1.3185, TAKE PROFIT 1.3467, STOP LOSS 1.3100
NZD/USD...
Forex Analytics
GBP/USD: buy target - 1.5500
15 September 2015
By: Dmitriy Chernovolov
-GBP/USD rises inside minor wave (ii)
-Next buy target - 1.5500
GBP/USD recently reversed up sharply after reaching the support level 1.5200, which was set as the sell target in our previous forecast for...
Forex Analytics
US dollar: forecast for September 14-20
By Elizabeth Belugina
US dollar index showed modest declines in the past week. The greenback declined versus the euro, British pound and Australian dollar, but strengthened against Japanese yen.
The highlight of the next week will...
Forex Analytics
GBP/USD: forecast for September 14-20
By Elizabeth Belugina
The Bank of England left monetary policy unchanged. Only one member of the Monetary Policy Committee (MPC) voted to raise the benchmark interest rate. One of the main things was that the central bank played down the...
Forex Analytics
EUR/USD: forecast for September 14-20
By Elizabeth Belugina
EUR/USD got support from the 100-day MA in the 1.11 zone and managed to creep up to the 1.13 area.
In the medium term, the euro area’s fundamentals look weak, and the European Central Bank’s focus on policy easing...
Forex Analytics
USD/JPY: forecast for September 14-20
By Elizabeth Belugina
Japanese yen has weakened versus the US currency in the past week because of the expectations of the Bank of Japan’s additional monetary policy easing. These expectations revived as the adviser to Japanese premier...
Forex Analytics
EUR/CHF: buy target - 1.1100
11 September 2015
By: Dmitriy Chernovolov
-EUR/CHF reached buy target 1.0950
-Next buy target - 1.1100
EUR/CHF recently broke above the resistance level 1.0950, which was set in our previous report as the buy target for this currency pair. The...
Forex Analytics
Trading plan for September 11
Kira Iukhtenko
US Dollar remains under slight bearish pressure as investors doubt the Fed will dare to hike interest rates in September. USD index slipped below 96 points. On Friday we’ll be watching the US PPI and consumer sentiment index -...
Forex Analytics
AUD/NZD: buy target - 1.1250
10 September 2015
By: Dmitriy Chernovolov
-AUD/NZD reversed from pivotal support level 1.0940
-Next buy target - 1.1250
AUD/NZD recently reversed up sharply from the pivotal support level 1.0940 (which reversed earlier waves A, (b) and (i), as you...
Forex Analytics
Forex trading plan for September 10
By Elizaveta Belugina
EUR/USD slid to 1.1130. Support is at 1.1125 and 1.1090. Decline below these levels will confirm a temporary top and open the way for a fall to 1.1015/00. Early on Thursday the pair’s dynamics will depend on the...
Forex Analytics
EUR/GBP: sell target - 0.7200
9 September 2015
By: Dmitriy Chernovolov
-EUR/GBP falls inside intermediate impulse wave (3)
-Next sell target - 0.7200
EUR/GBP continues to fall after the price earlier reversed down strongly from the resistance zone lying between the resistance...