Forex Analytics
Danske Bank: trade signals for Apr. 8
Open positions:*
EUR/USD: Hold LONG at 1.0874, TAKE PROFIT 1.1115, STOP LOSS 1.0795
USD/JPY: Hold LONG at 119.95, TAKE PROFIT 121.20, STOP LOSS 119.38
GBP/USD: Hold LONG at 1.4875, STOP LOSS 1.4805
AUD/USD: Hold SHORT at 0.7655, TAKE...
MARKET NEWS
US dollar weaked versus other majors
8 April 2015
US dollar eased down versus its main counterparts on Wednesday. However, the greenback is still generally back at the levels where it traded before American weak Non-Farm Payrolls report on Friday which reduced the odds of an...
Forex Analytics
Forex trading plan for Apr. 8
By Elizaveta Belugina, Kira Iukhtenko
Demand for the US dollar started to recover on Tuesday with the USD index rebounding to 98 points. On Wednesday, the market attention will be focused on the FOMC meeting minutes release at 18:00 GMT. It is...
Forex Analytics
GOLD: weekly wave analysis
7 April 2015
Weekly. The market is currently developing a descending corrective wave [4] that is now close to its end. Let’s review the last part of the correction.
Daily. After building the IV triangle, we’ve seen a decline of the pair in a...
Forex Analytics
Forex trading plan for Apr. 7
Kira Iukhtenko, Elizaveta Belugina
US dollar remains under pressure against all the major currencies following the weak NFP figures released on Friday. The March reading came out twice below the forecast at 126K, lowering expectations for the...
Forex Analytics
CFTC: large players cut USD longs
6 April 2015
Ассоrding to the most recent CFTC report, released on Friday, large players decreased USD longs on the week ending March 31. However, these figures don't consider the greenback's selloff on the weak NFP on Friday. Net USD longs...
Forex Analytics
GBP/AUD: buy targets – 1.9800 and 2.000
6 April 2015
-GBP/AUD rises inside minor impulse 3
-Next buy targets – 1.9800 and 2.000
GBP/AUD recently reversed up sharply from the combined support zone lying at the intersection of the support level 1.9000 (which was set as the sell...
Forex Analytics
GBP/USD: forecast for the new week
3 April 2015
By Kira Iukhtenko
Sterling spent the week trading mixed versus the greenback, forming a range of “doji” candlesticks on the daily chart. We remain clearly bearish in the medium-term as long as the cable holds below the major...
Forex Analytics
USD: weekly outlook
3 April 2015
US labor market figures on Friday shattered all the hopes for a strong dollar. Non-Farm Payrolls rose by 126K in March (forecast: +246K). What’s more, the previous reading was revised down from +295K to +264K. Data reduces expectations for a...
Forex Analytics
AUD/NZD: sell target – 1.0000
3 April 2015
• AUD/NZD reached sell target 1.0300
• Next sell target – 1.0000
AUD/NZD continues to fall after recently breaking down below the support level 1.0300, which was set as the sell target in our previous forecast for this currency pair...
Forex Analytics
NZD/JPY: buy targets - 91.00 and 92.00
3 April 2015
-NZD/JPY reversed from support zone
-Next buy targets - 91.00 and 92.00
NZD/JPY recently corrected down sharply – after the price reached the buy target 91.00, which was set in our previous forecast for this currency pair...
Forex Analytics
NFP: what do big banks expect?
3 April 2015
The US Bureau of Labor Statistics will release Non-Farm Payrolls (NFP) figures at 12:30 GMT. According to the consensus forecast, American economy added 246K jobs in March after 295K in February.
Here is the more detailed account of...
MARKET NEWS
Key option levels
3 April 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 April 3
By Elizaveta Belugina
The markets are awaiting the long Easter weekend and the release of the US NFP on Friday. Taking into account uncertainty and low liquidity trading will be even more volatile than it usually is on NFP Fridays. Before the...
Forex Analytics
Danske Bank: trade signals for Apr. 2
Open positions:*
EUR/USD: Hold SHORT at 1.0850, TAKE PROFIT 1.0613, STOP LOSS 1.0901 (revised)
USD/JPY: Hold SHORT at 120.08, TAKE PROFIT 118.30, STOP LOSS 120.41
EUR/JPY: Hold SHORT at 129.25, TAKE PROFIT 127.19, STOP LOSS 130.26...
Forex Analytics
Forex trading plan for Apr. 2
The US dollar slowed its ascent on Wednesday following the release of the lower-than-expected employment indicator by ADP. The report showed the US private sector created only 189K new jobs in March. Markets are now concerned that the official NFP...
Forex Analytics
Danske Bank: trade signals for Apr. 1
Open positions:*
EUR/USD: Hold SHORT at 1.0850, TAKE PROFIT 1.0613, STOP LOSS 1.0901 (revised)
USD/JPY: Hold SHORT at 120.08, TAKE PROFIT 118.30, STOP LOSS 120.70
GBP/USD: Hold LONG at 1.4835, TAKE PROFIT 1.5155, STOP LOSS 1.4750...
Forex Analytics
EUR/CHF: sell targets - 1.0400 and 1.0200
1 April 2015
• EUR/CHF falls inside intermediate ABC correction
• Next sell targets - 1.0400 and 1.0200
EUR/CHF has been falling in the last few weeks – inside the C-wave of the intermediate ABC correction (B), which started in...
Forex Analytics
AUD/JPY: sell targets - 90.00 and 87.50
1 April 2015
- AUD/JPY falls inside monthly impulse ③
- Next sell targets - 90.00 and 87.50
AUD/JPY continues to fall after the recent sharp downward reversal from the major multi-year resistance level 103.00 (which also previously...
MARKET NEWS
Key option levels
1 April 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...