Forex Analytics
GBP/AUD: buy target - 2.0600
19 June 2015
By: Dima Chernovolov
-GBP/AUD reached buy target 2.000
-Next buy target - 2.0600
GBP/AUD has been rising steadily in the last few trading sessions – following the earlier breakout of the major round resistance level 2.000 (which...
Forex Analytics
Trading plan for June 19
Kira Iukhtenko
The US Dollar is depreciating after the dovish Fed’s meeting on Wednesday. Inflation data released on Thursday added pressure: core CPI rose by only 0.1% in May. DXY fell below 94 points. Next support is seen at 93 points – these are the...
Forex Analytics
NZD/CAD: sell target - 0.8300
18 June 2015
By: Dima Chernovolov
-NZD/CAD approached support level 0.8400
-Next sell target - 0.8300
NZD/CAD has been falling sharply in the last few trading sessions – after breaking the support level 0.8700, which was set as the sell target in...
Forex Analytics
GBP/NZD: buy target - 2.2600
17 June 2015
By: Dima Chernovolov
-GBP/NZD reached buy targets 2.2200 and 2.2400
-Next buy target - 2.2600
GBP/NZD has been rising strongly in the last few trading sessions breaking through the resistance levels 2.2200 and 2.2400 – both of which...
Forex Analytics
Danske Bank: trade signals for June 17
Open positions:*
EUR/USD: Hold SHORT at 1.1265, TAKE PROFIT 1.1050, STOP LOSS 1.1352
USD/JPY: Hold SHORT at 123.52, TAKE PROFIT 121.78, STOP LOSS 124.20 (revised)
GBP/USD: Hold LONG at 1.5447, TAKE PROFIT 1.5700, STOP LOSS 1.5483...
Forex Analytics
Danske Bank: trade signals for June 16
Open positions:*
EUR/USD: Hold SHORT at 1.1265, TAKE PROFIT 1.1050, STOP LOSS 1.1352
USD/JPY: Hold SHORT at 123.52, TAKE PROFIT 121.78, STOP LOSS 124.65
GBP/USD: Hold LONG at 1.5447, TAKE PROFIT 1.5700, STOP LOSS 1.5415
USD/CHF: Hold...
Forex Analytics
Danske Bank: trade signals for June 15
Open positions:*
USD/JPY: Hold SHORT from 123.52, TAKE PROFIT 121.78, STOP LOSS 124.65
GBP/USD: Hold LONG from 1.5447, TAKE PROFIT 1.5700, STOP LOSS 1.5415 (revised)
AUD/USD: Hold LONG from 0.7705, TAKE PROFIT 0.7846, STOP LOSS 0.7635...
Forex Analytics
NZD/JPY: buy target - 86.00
12 June 2015
By: Dima Chernovolov
-NZD/JPY reached sell target 87.00
-Next buy target - 86.00
NZD/JPY continues to decline after the recent breakout of the support level 87.00 – which was set as the sell target in our previous forecast for this...
Forex Analytics
GBP/JPY: buy target – 194.00
12 June 2015
By: Dima Chernovolov
-GBP/JPY reached buy target 189.60
-Next buy target – 194.00
GBP/JPY recently reversed up sharply from the support area lying between the support level 189.60 and the 38.2% Fibonacci Correction of the previous...
Forex Analytics
Forex trading plan for June 11
Kira Iukhtenko
On Wednesday, the US dollar retraced ground versus almost all the major currencies. The Bank of Japan governor Kuroda who said that the yen wouldn’t weaken much more provoked the move. As a result, USD/JPY plummeted from by 200...
Forex Analytics
GBP/USD: likely to rise to 1.5500
10 June 2015
By: Dima Chernovolov
-GBP/USD reversed up from support level 1.5200
-Further gains likely toward 1.5500
GBP/USD continues to rise after the recent upward reversal from the support zone lying between the support level 1.5200, the...
Forex Analytics
Danske Bank: trade signals for June 10
Open positions:*
EUR/USD: Hold LONG at 1.1235, TAKE PROFIT 1.1380, STOP LOSS 1.1150
USD/JPY: Hold LONG at 124.05, STOP LOSS 123.40, Possibly BUY
EUR/CHF: Hold LONG at 1.0465, TAKE PROFIT 1.0602, STOP LOSS 1.0397
EUR/CAD: Hold LONG at...
MARKET NEWS
Yen rose on Kuroda's comments
10 June 2015
EUR/USD is little changed just below 1.1300. Market players are concerned about the lack of progress in negotiations between Greece and its creditors. A new reform proposal submitted by the nation this week failed to fully satisfy its...
Forex Analytics
BNP Paribas: stay long on USD
9 June 2015
The US dollar retraced all the last week's post-NFP gains at the beginning of the new week. That's how analysts at the French bank BNP Paribas explain the USD dynamics:
"US 2-year Treasury yields dipped to the pre-NFP levels. It means...
MARKET NEWS
Euro is supported by German data
9 June 2015
US dollar weakened versus its counterparts on Tuesday. On Monday US President Barack Obama denied a report that quoted him as saying the strong dollar was “a problem”. Still, the speculation has given many traders a reason to close USD...
Forex Analytics
Danske Bank: trade signals for June 9
Open positions:*
AUD/USD: Hold SHORT at 0.7745, TAKE PROFIT 0.7572, STOP LOSS 0.7730
USD/CAD: Hold LONG at 1.2460, TAKE PROFIT 1.2667, STOP LOSS 1.2360
EUR/JPY: Hold LONG at 139.50, TAKE PROFIT 141.72, STOP LOSS 138.85 (revised)...