Forex Analytics
GBP/JPY: buy target – 189.600
12 May 2015
By: Dima Chernovolov
-GBP/JPY broke resistance level 184.70
-Next buy target – 189.600
GBP/JPY has been rising sharply in the last few weeks – following the earlier breakout of the round resistance level 180.00 (which was set as the...
Forex Analytics
Danske Bank: trade signals for May 12
Open positions:*
USD/JPY: Hold LONG at 119.90, TAKE PROFIT 121.67, STOP LOSS 119.03
AUD/USD: Hold LONG at 0.7950, TAKE PROFIT 0.8185, STOP LOSS 0.7850
EUR/CHF: Hold LONG at 1.0395, TAKE PROFIT 1.0546, STOP LOSS 1.0345
GBP/JPY: Hold LONG...
Forex Analytics
EUR/GBP: sell target – 0.7200
11 May 2015
By: Dima Chernovolov
-EUR/GBP reversed from resistance area
-Next sell target – 0.7200
EUR/GBP recently reversed down sharply from the combined resistance area lying between the resistance levels 0.7430 and 0.7370 (this resistance...
Forex Analytics
NZD/JPY: sell target - 88.00
11 May 2015
By: Dima Chernovolov
-NZD/JPY broke support level 89.00
-Next sell target - 88.00
NZD/JPY continues to fall inside the second minor corrective wave (ii) – which started earlier last month, when the pair reversed down sharply from the...
Forex Analytics
EUR/USD: agenda for May 11-15
By Elizaveta Belugina
EUR/USD rose to 1.1390 supported by the rising German bund yields before its advance paused as US labor market data came out better than some had feared.
Let’s see what the coming week is preparing for EUR/USD. On Monday...
Forex Analytics
Danske Bank: trade signals for May 8
Open positions:*
EUR/USD: Hold LONG at 1.1235, TAKE PROFIT 1.1450, STOP LOSS 1.1199
USD/CHF: Hold SHORT at 0.9445, TAKE PROFIT 0.9046, STOP LOSS 0.9284
AUD/USD: Hold LONG at 0.7950, TAKE PROFIT 0.8182, STOP LOSS 0.7850
EUR/JPY: Hold LONG...
MARKET NEWS
Key option levels
8 May 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 May 8
The market’s attitude towards the US dollar has dramatically deteriorated in comparison with the hopes seen at the beginning of the week. ADP employment report missed the forecast, especially taking into account the fact that the previous reading...
Forex Analytics
Danske Bank: trade signals for May 7
Open positions:*
EUR/USD: Hold LONG at 1.1160, TAKE PROFIT 1.1450 (revised), STOP LOSS 1.1160 (revised)
USD/JPY: Hold LONG at 119.00, TAKE PROFIT 121.41 (revised), STOP LOSS 119.20 (revised)
GBP/USD: Hold LONG at 1.5105, TAKE PROFIT...
MARKET NEWS
Key option levels
7 May 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
Trading plan for May 7
By Kira Iukhtenko
The US Dollar came under bearish pressure on Wednesday – preliminary April NFP from ADP came well below the forecast (159K versus 199K expected). What’s more, the March reading has been revised to the downside to 175K. Market...
Forex Analytics
Danske Bank: trade signals for May 6
Open positions:*
EUR/USD: Hold LONG at 1.1160, TAKE PROFIT 1.1389, STOP LOSS 1.1048
USD/JPY: Hold LONG at 119.00, TAKE PROFIT 121.41 (revised), STOP LOSS 119.20 (revised)
GBP/USD: Hold LONG at 1.5105, TAKE PROFIT 1.5304, STOP LOSS 1.5086...
MARKET NEWS
Key option levels
6 May 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 May 6
Market players expect improvement in the US labor market data due on Wednesday and Friday. This should keep the greenback supported, though to see big moves up of the American currency we’ll still need to see more positive news from the United...
MARKET NEWS
RBA cut benchmark rate
5 May 2015
EUR/USD eased down to the 1.1100 area after it met resistance at 1.1290 on Friday (100-day MA). The pair finds support at the daily Ichimoku Cloud at 1.1066.
GBP/USD is trying to hold above 1.5100 after it fell last week from highs in the 1.5500...
Forex Analytics
Danske Bank: trade signals for May 5
Open positions:*
EUR/USD: Hold LONG at 1.1160, TAKE PROFIT 1.1389, STOP LOSS 1.1048
USD/JPY: Hold LONG at 119.00, TAKE PROFIT 120.84 (revised), STOP LOSS 119.20 (revised)
USD/CHF: Hold SHORT at 0.9445, TAKE PROFIT 0.9216 (revised), STOP...
Forex Analytics
AUD/USD: sell target - 0.7700
4 May 2015
By: Dima Chernovolov
-AUD/USD reached buy target 0.8000
-Next sell target - 0.7700
AUD/USD recently reversed down sharply after the pair reached the round resistance level 0.8000, which was set as the buy target in our previous...
Forex Analytics
USD/SGD: buy target – 1.3200
4 May 2015
By: Dima Chernovolov
USD/SGD completed intermediate ABC correction (2)
Next buy target – 1.3200
USD/SGD recently reversed up sharply from the strong support zone lying between the support level 1.3200 (former resistance which reversed...
Forex Analytics
EUR/USD: will growth continue?
By Elizaveta Belugina
EUR/USD showed another week of growth rising above 1.1200. The euro went above the late March – early April highs and closed above January low at 1.1097 on Wednesday.
The pair got strength from the general weakness of the...
Forex Analytics
GBP/USD: how far can the bulls go?
By Kira Iukhtenko
British pound benefitted from the broad-based USD weakness last week. GBP/USD surged by more than 400 pips, approaching the 1.5500 resistance – this is the February high. There are a lot of sell-orders clustered in this...