Search results

Forex Analytics Danske Bank: trade signals for July 8 Open positions:* EUR/USD: Hold SHORT at 1.1057, TAKE PROFIT 1.0819 (revised), STOP LOSS 1.1124 USD/JPY: Hold SHORT at 122.46, TAKE PROFIT 121.05, STOP LOSS 123.20 USD/CHF: Hold LONG at 0.9412, TAKE PROFIT 0.9573 (revied), STOP LOSS...

MARKET NEWS Markets await Greece, FOMC 8 July 2015 Collapse of the Chinese stock market is hurting the global risk sentiment. Shanghai Composite index fell to 3500 points in the opening hours. Chinese government seems to have lost grip over the market. Greece remains another market pain...

Forex Analytics Forex trading plan for July 8 Kira Iukhtenko USD Index jumped above the 97 mark on Tuesday as the Greek issue leaves the market worried. For now, no decision on Greece has been made. Another risk factor for the market is the Chinese stock market collapse. Investors are...

Forex Analytics USD/CAD: buy target – 1.2800 7 July 2015 By: Dmitriy Chernovolov -USD/CAD reached buy targets 1.2560 and 1.2650 -Next buy target – 1.2800 USD/CAD has been rising strongly in the last few trading sessions – breaking through the resistance levels 1.2560 and 1.2650 – both of...

Forex Analytics GBP/AUD: buy target - 2.1000 7 July 2015 By: Dmitriy Chernovolov -GBP/AUD reached buy target 2.0550 -Next buy target - 2.1000 GBP/AUD recently broke sharply above the resistance level 2.0550, which was set as the buy target in our previous technical analysis report for this...

Forex Analytics Forex trading plan for July 7 Kira Iukhtenko Market attention is glued to Greece at the beginning of the new week. Greek people voted against the austerity measures on Sunday. As a result, market expectations for Grexit surged. EU authorities will hold an emergency meeting on...

MARKET NEWS Euro hit by the Greek "No" vote 6 July 2015 On Monday, the market attention is glued to the euro zone’s internal issues. Probability of the Greek exit from the Eurozone surged after 61% of the Greek voters rejected the austerity measures on the referendum on Sunday. European...

Forex Analytics US dollar: forecast for July 6-12 Kira Iukhtenko Mixed labor market data on Thursday capped the US Dollar growth. May Non-farm payrolls came out at 223K – this is solid result. Unemployment fell to 5.3% - this is the lowest level since 2008. However, wage growth and labor...

Forex Analytics USD/JPY: forecast fot July 6-12 By Elizabeth Belugina As expected, USD/JPY had a volatile week. Risk sentiment was negative because of the uncertain future of Greece and decline in Chinese stocks. The pair was also moved by the economic data from America: there were good...

Forex Analytics EUR/USD: forecast for July 6-12 By Elizabeth Belugina Greece remains in the limelight. The nation missed a 1.5 billion euro repayment to the IMF on June 30 and went into a technical default. Greek authorities surprised the market by announcing referendum on austerity measures...

Forex Analytics GBP/USD: forecast for July 6-12 Kira Iukhtenko GBP/USD declined for a second consecutive week in a row. The pair was pressured by the dovish BOE comments – according to the BOE Governor Marc Carney, the rate could stay low for “some time”. What’s more, the Greek factor remains...

Forex Analytics EUR/GPB: buy target – 0.7200 3 July 2015 By: Dmitriy Chernovolov -EUR/GPB reversed from strong support zone -Next buy target – 0.7200 EUR/GPB recently reversed up sharply from the powerful support zone located between the support levels 0.7060 and 0.7000 (this support also...

Forex Analytics EUR/AUD: buy target - 1.4760 3 July 2015 By: Dmitriy Chernovolov -EUR/AUD reversed from pivotal support level 1.4440 -Next buy target - 1.4760 EUR/AUD continues to rise after the recent upward reversal from the pivotal support level 1.4440 (which has been reversing the price...

Forex Analytics Forex trading plan for July 3 US labor market data disappointed those who wanted to price in more of the potential Federal Reserve rate hike. Non-farm payrolls 223K (forecast: +231K). The previous reading was revised down from 280K to 254K. Unemployment rate declined more...

Forex Analytics Forex trading plan for July 2 By Kira Iukhtenko The greenback strengthened after the strong data releases in the United States. According to ADP, June Non-farm payrolls came out at 237K, this is well above the forecasts. As a result, the market sentiment improved ahead of...

Forex Analytics Danske Bank: trade signals for July 1 Open positions:* GBP/USD: Hold LONG at 1.5710, TAKE PROFIT 1.5930, STOP LOSS 1.5643 EUR/JPY: Hold SHORT at 137.50, TAKE PROFIT 133.10, STOP LOSS 138.15 GBP/JPY: Hold LONG at 191.90, TAKE PROFIT 195.88, STOP LOSS 191.15 NZD/USD: Hold...

Forex Analytics Forex trading plan for July 1 Greece remains the center topic for all traders. German Chancellor Angela Merkel said that the deadline for Greece’s bailout runs out at midnight on July 1. Still, the negotiations are expected to continue in the days ahead. EUR/USD is trading in...

Forex Analytics GBP/NZD: buy targets – 2.3270 and 2.3550 30 June 2015 By: Dima Chernovolov -GBP/NZD reversed from support zone -Next buy targets – 2.3270 and 2.3550 GBP/NZD recently reversed up from the support zone surrounding the support level 2.2600 (former resistance level which was set...

Forex Analytics EUR/NZD: buy target - 1.6600 30 June 2015 By: Dima Chernovolov -EUR/NZD reached buy targets 1.6200 and 1.6400 -Next buy target - 1.6600 EUR/NZD recently corrected down after the price reached both of the buy targets set in our previous forecast for this currency pair - 1.6200...

Forex Analytics Forex trading plan for June 30 Kira Iukhtenko The financial market is being dominated by the two major topics on Monday: the “Greek issue” and the Chinese stock market. As a result, the market turned into a risk-off mode. The majority of the global stock markets have spent...