Forex Analytics
Danske Bank: trade signals for Mar. 9
Open positions:*
USD/JPY: Hold LONG at 118.90, TAKE PROFIT 122.44, STOP LOSS 119.55 (revised)
USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 1.0000, STOP LOSS 0.9645 (revised)
AUD/USD: Hold SHORT at 0.7828, TAKE PROFIT 0.7627, STOP LOSS...
Forex Analytics
EUR/USD: outlook remains negative
By Elizaveta Belugina
EUR/USD has fallen to the new minimums. However, as the net short positions on the euro remain extremely big, the ever-present risk of correction up remains high.
The new week in the euro area will be light on the...
Forex Analytics
US Dollar: what to expect on the new week?
6 March 2015
By Kira Iukhtenko
As we expected, on the past week the US currency returned to growth. The US dollar index hit new 11-year highs. Even the dollar/Swiss franc pair pushed to the levels, unseen since Jan. 15. The US...
Forex Analytics
Large banks: how to trade NFP?
6 March 2015
Currency market will be focused on the US Non-Farm Payrolls release on Friday at 13:30 GMT. According to the consensus forecast, the US economy added 240K new jobs in February versus 257K in January. Unemployment rate is expected to...
Forex Analytics
Danske Bank: trade signals for Mar. 6
Open positions:*
EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.0829, STOP LOSS 1.1247 (revised)
USD/JPY: Hold LONG from 118.90, TAKE PROFIT 121.86, STOP LOSS 119.33 (revised)
USD/CHF: Hold LONG from 0.8755, TAKE PROFIT 1.0000, STOP LOSS...
Forex Analytics
Forex trading plan for March 6
On Friday the main event of the day will surely be the release of the US labor market data at 13:30 GMT. According to the consensus forecast, US Non-Farm Payrolls have increased in Feb. by 240K after gaining 257K in Jan. American unemployment rate...
Forex Analytics
GBP/USD: trade idea
5 March 2015
By Dima Chernovolov
GBP/USD completed primary ABC correction ②
Next sell targets - 1.51600 and 1.5100
GBP/USD continues to fall after recently reversing down from the strong resistance level 1.5520 (former strong support which reversed the pair...
Forex Analytics
Danske Bank: trade signals for Mar. 5
Open positions: *
EUR/USD: Hold SHORT at 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1247
USD/JPY: Hold LONG AT 118.90, TAKE PROFIT 120.82, STOP LOSS 119.05
EUR/JPY: Hold SHORT AT 134.18, TAKE PROFIT 131.70, STOP LOSS 133.81
EUR/GBP...
MARKET NEWS
Key option levels
5 March 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 March 5
EUR/USD has weakened to the levels just above 1.1100. The euro is feeling pressure ahead of the meeting of the European Central Bank on Thursday. Resistance is at 1.1215, 1.1270 and 1.1320. Further support is at 1.1050 and 1.1000.
GBP/USD has...
Forex Analytics
Danske Bank: trade signals for Mar. 4
Open positions:
EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1247
USD/JPY: Hold LONG from 118.90, TAKE PROFIT 120.82, STOP LOSS 119.05
GBP/USD: Hold LONG from 1.5365, TAKE PROFIT 1.5621, STOP LOSS 1.5305
USD/CHF...
Forex Analytics
EUR: get ready for the ECB meeting
4 March 2015
By Elizaveta Belugina
Last week EUR/USD closed below 1.1210 (61.8% Fibo of the 2000-2008 move). This week this area acts as resistance.
As the European Central Bank has announced 1.1 trillion euro ($1.23 trillion) bond-buying...
Forex Analytics
Forex trading plan for Mar. 4
By Kira Iukhtenko
EUR/USD did it best to hold above the 1.1200 figure, but failed. The pair is gradually approaching the January low of 1.1097 – break lower would open a direct way to parity. Euro zone released relatively upbeat data at the...
GBP/USD
forecast for Mar. 2-8
On the new week pay attention to the PMI indices – they will likely confirm ongoing the economic recovery. The Bank of England holds its policy meeting on Thursday. What to expect?
More:
http://fxbazooka.com/en/video/?id=40&id_video=210
MARKET NEWS
Key option levels
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 noticeable...
Forex Analytics
USD/JPY: weekly wave analysis
2 March 2015
Weekly. Wave [V] of a long-term bullish trend is now being formed.
H12. The market has formed a converging horizontal triangle. The price is now forming a new bullish trend. On the new week we expect a bullish wave III to be built...
Forex Analytics
AUD/USD: weekly wave analysis
2 March 2015
Weekly. The market is forming a long-term bearish correction (bearish tripple zigzag). Let's see the markup of the wave A of (z).
Daily. Bearish correction [4] is now being formed. The decline will be extended in a wave [5].
H4...
Forex Analytics
GBP/USD: weekly wave analysis
2 March 2015
Weekly. The market is forming a multi-month bearish trend C (part of a global bearish zigzag).
Daily. Markup of the wave C is drawn on the chart. After a bullish zigzag (3) we expect a decline in a new impulse (5).
H4. See the wave...
Forex Analytics
EUR/USD: weekly wave analysis
2 March 2015
By Roman Petuchov
Weekly. The market is currently forming a wave flat B (final part). Let's review the details.
Daily. We see a strong bearish trend that has been forming for a year. The final bearish impulse (5) is now being...