MARKET NEWS
Key option levels
29 June 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
Forex Analytics
Danske Bank: trade signals for June 29
Open positions:*
EUR/USD: Hold SHORT at 1.1235, TAKE PROFIT 1.0887 (revised), STOP LOSS 1.1140 (revised)
GBP/USD: Hold LONG at 1.5710, TAKE PROFIT 1.5930 (revised), STOP LOSS 1.5643
USD/CHF: Hold LONG at 0.9370, TAKE PROFIT 0.9573, STOP...
Forex Analytics
USD/JPY: forecast for June 29 - July 5
USD/JPY keeps trading in a sideways range between 124.50 on theupside and 122.50 on the downside. The minutes of the Bank of Japan’s meeting brought no new surprises to the markets. Inflation in Japan remained subdued. This should keep...
Forex Analytics
EUR/USD: forecast for June 29 - July 5
Euro zone’s finance ministers failed again to reach an agreement about Greece on Thursday. The talks will resume on Saturday, June 27. According to German Chancellor Angela Merkel, it’s “crucial” to finally get the deal this time. For now...
Forex Analytics
USD: forecast for June 29 - July 5
Economic data released in America during the past week was mildly encouraging for the greenback. According to the revised figures, the US economy contracted in Q1, but not as strongly as initially estimated. American housing market showed...
Forex Analytics
Forex trading plan for June 26
EUR/USD is fluctuating around 1.1200 as traders await news from Greece. It looks like the negotiators will take their time. On Friday there will be the second day of the EU Economic summit. Before that there will be more discussions and press...
Forex Analytics
Danske Bank: trade signals for June 25
Open positions:*
EUR/USD: Hold SHORT at 1.1235, TAKE PROFIT 1.1082, STOP LOSS 1.1301
USD/JPY: Hold LONG at 123.75, TAKE PROFIT 125.05, STOP LOSS 123.53
GBP/USD: Hold LONG at 1.5710, TAKE PROFIT 1.5930, STOP LOSS 1.5643
USD/CHF: Hold...
MARKET NEWS
Key option levels
25 June 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
Forex Analytics
Forex trading plan for June 25
Kira Iukhtenko
US Dollar Index stands still after the Tuesday’s rally. United States released final Q1 GDP today – the reading as revised to the upside, but confirmed contraction (-0.2% vs. -0.7% prior). Markets await May consumption sector...
Forex Analytics
Danske Bank: trade signals for June 24
Open positions:*
USD/JPY: Hold LONG at 123.75, TAKE PROFIT 125.05, STOP LOSS 123.19
GBP/USD: Hold LONG at 1.5710, TAKE PROFIT 1.5930 (revised), STOP LOSS 1.5643
EUR/JPY: Hold SHORT at 139.90, TAKE PROFIT 137.42 (revised), STOP LOSS...
MARKET NEWS
Key option levels
24 June 2015
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...
Forex Analytics
Forex trading plan for June 24
US durable goods orders figures released today were mixed. On the one head, core reading increased after previous decline, but on the other head, headline figure came out much lower than expected. Still, the overall sentiment about the American...
Forex Analytics
USD/CAD: buy target – 1.2400
23 June 2015
By: Dima Chernovolov
-USD/CAD reversed from support zone
-Next buy target – 1.2400
USD/CAD recently reversed up sharply from the support zone lying at the intersection of the multiple support levels: the lower daily Bollinger Band...
Forex Analytics
Danske Bank: trade signals for June 23
Open positions:*
EUR/JPY: Hold SHORT at 139.90, TAKE PROFIT 137.99, STOP LOSS 140.75
EUR/GBP: Hold SHORT at 0.7211, TAKE PROFIT 0.7014, STOP LOSS 0.7271
EUR/CHF: Hold LONG at 1.0450, TAKE PROFIT 1.0591, STOP LOSS 1.0395
EUR/CAD: Hold...
Forex Analytics
Trading plan for June 23
Kira Iukhtenko
EUR/USD consolidates in the 1.1300/1.1400 range. Next resistance lies at 1.1430 and 1.1465. Strong sell orders are clustered around 1.1500 – for now the markets lacks energy to break higher. Support is seen at 1.1250. Monday’s...
Forex Analytics
GBP/USD: buy target – 1.6000
22 June 2015
By: Dima Chernovolov
-GBP/USD broke resistance level 1.5800
-Next buy target – 1.6000
GBP/USD has been rising strongly in the last few trading sessions – following the earlier breakout of the round resistance level 1.5000, which was...
Forex Analytics
GBP/CAD: buy targets - 1.9560 and 1.9800
22 June 2015
By: Dima Chernovolov
-GBP/CAD reached buy targets 1.9150 and 1.9400
-Next buy targets - 1.9560 and 1.9800
GBP/CAD recently broke above the resistance levels 1.9150 and 1.9400 – both of which were set as the buy targets in...
Forex Analytics
NZD/USD:sell target – 0.6800
19 June 2015
By: Dima Chernovolov
-NZD/USD falls inside impulse waves 3 and (5)
-Next sell target – 0.6800
NZD/USD has been falling strongly in the last few trading sessions – following the earlier breakout of the strong resistance level 0.7200...