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Forex Analytics Forex trading plan for Mar .17 By Kira Iukhtenko US dollar is trading under slight bearish pressure following the last week’s rally. Markets remain cautious ahead of the Federal Reserve policy decision on Wednesday. The Fed is widely expected to change its forward guidance...

Forex Analytics Large banks: what to expect from the Fed? 16 March 2015 FOMC policy announcement, economic projections and statement will be released at 18:00 GMT on Wednesday, March 18. Press conference from Janet Yellen will follow at 18:30 GMT. What do analysts at large banks expect from...

Forex Analytics Danske Bank: trade signals for Mar. 16 Open positions: EUR/USD: Hold SHORT at 1.0521, TAKE PROFIT 1.0400, STOP LOSS 1.0593 USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.62, STOP LOSS 120.59 USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 1.0295, STOP LOSS 0.9908 (revised)...

Forex Analytics EUR/USD: bearish sentiment prevails By Elizaveta Belugina The euro area is now frequently compared with Japan. Last year the Bank of Japan has launched an enormous monetary stimulus program in order to encourage inflation. This made investors buy Japanese shares and sell the...

Forex Analytics US Dollar awaits the next week’s Fed By Kira Iukhtenko The past week has become very successful for the US currency with the US dollar index breaking above 100 points for the first time since 2003. Demand for the greenback was pushed up by the increased expectations of the...

Forex Analytics Forex trading plan for March 13 US dollar corrected down on Thursday versus the major currencies as America released weaker than expected retail sales figures (-0.6% vs. the forecast of +0.3%). Another month of contraction in the retail sales could raise serious doubts...

Forex Analytics EUR/NZD: next sell target 12 March 2015 By Dima Chernovolov • EUR/NZD broke multiple support levels • Next sell target - 1.4200 EUR/NZD has been under strong bearish pressure recently after the pair reversed down from the resistance zone located between the resistance level...

Forex Analytics EUR/AUD: trade idea 12 March 2015 By Dima Chernovolov - EUR/AUD reached sell targets 1.4200 and 1.4000 - Next sell target - 1.3700 EUR/AUD has been falling sharply in the last few trading sessions – breaking below two support levels 1.4200 and 1.4000 (low of previous A-wave)...

Forex Analytics Danske Bank: trade signals for Mar. 12 Open positions:* EUR/USD: Hold SHORT at 1.0660, TAKE PROFIT 1.0432, STOP LOSS 1.0668 (revised) USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.62, STOP LOSS 120.59 (revised) EUR/CHF: Hold LONG at 1.0685, TAKE PROFIT 1.0900, STOP LOSS...

Forex Analytics Forex trading plan for March 12 EUR/USD is hurt by the falling bond yields in the euro area because of the ECB’s QE. The 1.0560 area may offer some support. Corrections will face resistance at 1.0650. Further support is at 1.0500. Data from the US due on Thursday (retails...

Forex Analytics EUR/CAD: sell targets 11 March 2015 By Dima Chernovolov • EUR/CAD reached sell targets 1.3900 and 1.3800 • Next sell targets - 1.3500 and 1.3400 EUR/CAD has been falling strongly in the last few trading sessions – following the breakout of the support zone located between...

Forex Analytics AUD/USD: trade idea 11 March 2015 By Dima Chernovolov - AUD/USD reached sell target 0.7640 - Next sell target - 0.7500 AUD/USD has been falling sharply in the last few trading sessions – breaking the support level 0.7640, which was set as the sell target in our previous...

Forex Analytics Danske Bank: trade signals for Mar. 11 Open positions:* USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.62, STOP LOSS 120.59 (revised) GBP/USD: SHORT at 1.5100, TAKE PROFIT 1.4952; STOP LOSS 1.5205 USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 1.0042, STOP LOSS 0.9719 AUD/USD...

Forex Analytics Forex trading plan for Mar. 11 By Kira Iukhtenko Demand for the greenback keeps on rising after the strong US labor market data released on Friday. However, we have to note that the US dollar longs contacted on a week that ended on March 3. Large players have some doubts about...

Forex Analytics Large banks: positioning on EUR/USD 10 March 2015 Credit Suisse: SELL LIMIT from 1.0985, TAKE PROFIT 1.0620, STOP LOSS 1.1115 (entered on March 9) BofA Merrill holds SHORT from 1.1290, TAKE PROFIT 1.0765, STOP LOSS 1.1275 (entered on February 24) Morgan Stanley holds SHORT...

Forex Analytics Danske Bank: trade signals for Mar. 10 Open positions:* USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.62, STOP LOSS 120.23 (revised) USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 1.0042, STOP LOSS 0.9719 (revised) AUD/USD: Hold SHORT at 0.7828, TAKE PROFIT 0.7451, STOP LOSS...

Forex Analytics Trading plan for Mar. 10 On Monday EUR/USD has retraced 38.2% of Friday’s decline, but met resistance around 1.0900. There’s bullish divergence on the daily chart and the euro looks oversold. However, the market’s sentiment about the euro is still negative, so corrections up...

Forex Analytics USD/CAD: waiting for a rate cut 9 March 2015 By Kira Iukhtenko Canada’s export-oriented economy suffered from the sharp fall in crude oil prices seen in 2014. Annualized Q4 economic growth was above the forecast (+2.4% versus 2% expected), but we have strong doubts that growth...

Forex Analytics USD/JPY: buy target 9 March 2015 By Dima Chernovolov • USD/JPY reached buy target 120.500 • Next buy target - 121.70 USD/JPY last weekly broke above the resistance level 120.500 (which stopped previous minor impulse 1) that was set as the buy target in our previous report...

Forex Analytics EUR/USD: trade idea 9 March 2015 By Dima Chernovolov EUR/USD reached sell target 1.1000 Next sell target - 1.0800 EUR/USD has been falling sharply in the last few trading sessions – breaking below the support level 1.1000, which was set in our previous report as the sell...