Forex Analytics
EUR/NZD: sell target - 1.7300
9 September 2015
By: Dmitriy Chernovolov
-EUR/NZD reached buy target 1.7750
-Next sell target - 1.7300
EUR/NZD recently reversed down sharply after the price reached the resistance level 1.7750, which was set as the buy target in our previous...
Forex Analytics
Pound trading within cloud
9 September 2015
Tatiana Norkina, FBS analyst
The GBP/USD currency pair rate has recovered significantly within the last two trading sessions. The pair found support in the 52nd figure area and then began to recover rapidly within the correctional...
Forex Analytics
Forex trading plan for September 9
By Elizaveta Belugina
EUR/USD spiked to 1.1229 on the disappointing Chinese imports data, but then fell to 1.1160. The euro wasn’t impressed by the upward revision of the euro area’s Q2 GDP growth from 0.3% to 0.4%. We stick to the view that...
Forex Analytics
Danske Bank: trade signals for September 8
Open positions*:
EUR/USD: Hold SHORT at 1.1175, TAKE PROFIT 1.1017, STOP LOSS 1.1252
USD/JPY: Hold SHORT at 121.15, TAKE PROFIT 118.26, STOP LOSS 120.80 (revised)
USD/CHF: Hold LONG at 0.9580, TAKE PROFIT 0.9799, STOP LOSS 0.9565...
Forex Analytics
Forex trading plan for September 8
By Elizabeth Belugina
Early on Tuesday China will release August trade balance data, and we’ll find out whether weaker yuan has managed to improve the nation's exports. There’s no specific time of the release, so beware of increased...
Forex Analytics
AUD/USD: weekly wave analysis
Roman Petuchov
Daily. The price keeps on declining in a final part of an impulse A. Wave (5) of [5] of A is now being formed. Let's see the markup in the details.
H4. On the past week we've seen a new 5-wave construction 5 being formed. It will...
Forex Analytics
USD/JPY: weekly wave analysis
7 September 2015
Roman Petuchov
Daily. The market is now trading in the final part of the long-term bullish trend. Correction (IV) has been accomplished. After that the price growth continued. Let's see the chart in the details.
H4. We are now...
Forex Analytics
AUD/USD: weekly wave analysis
7 September 2015
Roman Petuchov
Daily. The price keeps on declining in a final part of an impulse A. Wave (5) of [5] of A is now being formed. Let's see the markup in the details.
H4. On the past week we've seen a new 5-wave construction 5...
Forex Analytics
EUR/USD: weekly wave analysis
7 September 2015
Roman Petuchov
Daily. Bearish trend [C] is now being developped. Complex corrective wave (4) has been finished recently. We're now declining in a new bearish impulse (5). Price decline in this wave will likely continue in the...
Forex Analytics
US Dollar: forecast for September 7-13
Kira Iukhtenko
US labor market data came out mixed on Friday. Non-farm payrolls rose by 173K in August (below the forecast). However, jobless rate declined to the lowest in 7 years and the average hourly earnings increased. Overall, the...
Forex Analytics
USD/JPY: forecast for September 7-13
By Elizabeth Belugina
After topping in the 121.70 area USD/JPY made another top in the 120.70 region. Demand for the yen as a safe haven limited the pair on the upside provoked a selloff to the 119.00 area.
As for the drivers from America...
Forex Analytics
GBP/USD: forecast for September 7-13
KIra Iukhtenko
British pound extended the decline on the past week, hitting the lowest levels since June. The latest news from the United Kingdom disappoint. Services sector PMI fell to a 2-year low, confirming the UK companies are trouble...
Forex Analytics
EUR/USD: forecast for September 7-13
By Elizaveta Belugina
During the past week, EUR/USD didn’t renew high. On the contrary, most time the bias was negative because of the expectations of the dovish European Central Bank. The ECB’s didn’t disappoint the bears. The regulator...
Forex Analytics
Forex trading plan for September 4
By Elizabeth Belugina
On Friday, traders will be focused on the release of the US nonfarm payrolls data (NFP) at 12:30 GMT as it’s the key publication ahead of the Federal Reserve’s September 17 meeting. This publication will determine...
Forex Analytics
Trading plan for September 3
Kira Iukhtenko
US Dollar index consolidates slightly below the 96 points mark on Wednesday. Weak ADP NFP was ignored by the market. It seems that the expectations for the strong official figures on Friday will be supporting the greenback until the...
Forex Analytics
Danske Bank: trade signals for Sept 2
Open positions:*
USD/JPY: Hold SHORT at 121.15, TAKE PROFIT 118.26, STOP LOSS 121.30
USD/CHF: Hold LONG at 0.9580, TAKE PROFIT 0.9799, STOP LOSS 0.9495
AUD/USD: Hold SHORT at 0.7215, TAKE PROFIT 0.6771, STOP LOSS 0.7164
EUR/JPY: Hold...
Forex Analytics
Forex trading plan for September 2
By Elizabeth Belugina
The market’s risk sentiment remains unstable. Worse than expected manufacturing data from China on Tuesday morning once again provoked decline in stocks increasing demand for safe-haven euro and yen. US ISM manufacturing...
Forex Analytics
GBP/AUD: buy target - 2.2000
1 September 2015
By: Dmitriy Chernovolov
-GBP/AUD reversed from support zone
-Next buy target - 2.2000
GBP/AUD recently reversed up sharply from the combined support zone lying at the intersection of the support level 2.1400 (former resistance...
Forex Analytics
Danske Bank: trade signals for Sept 1
Open positions:*
EUR/USD: Hold SHORT at 1.1252, TAKE PROFIT 1.1017, STOP LOSS 1.1317
USD/JPY: Hold SHORT at 121.15, TAKE PROFIT 118.26, STOP LOSS 122.15
EUR/JPY: Hold SHORT at 138.05, TAKE PROFIT 134.33 (revised), STOP LOSS 137.65...
Forex Analytics
Forex trading plan for Sept 1
Kira Iukhtenko
We expect the US Dollar to strenghten this week ahead of the labor market data on Friday (forecasts are upbeat). Given this view, EUR/USD is a SELL these days with a target of 1.0950. Technical picture confirms the ideas as the pair...