MARKET NEWS
Key option levels
2 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
EUR/CAD: sell targets
27 February 2015
Dima Chernovolov
• EUR/CAD fall inside intermediate impulse (3)
• Next sell targets - 1.3900 and 1.3800
EUR/CAD has been under significant bearish pressure lately – after the pair reversed down from the resistance zone lying between the...
Forex Analytics
USD: what to expect next week?
27 February 2015
Kira Iukhtenko
The US Federal Reserve sees the economy recovering, but waits for clear signals to begin hiking interest rates. The labor market dynamics seems to be on track, while low inflation, expensive currency and external...
Forex Analytics
EUR/NZD: trade idea
27 February 2015
Dima Chernovolov
EUR/NZD approaches sell target 1.4800
Next sell target - 1.4600
EUR/NZD has been falling strongly in the last few trading sessions – in accordance with our earlier forecast for this currency pair. EUR/NZD previously broke...
Forex Analytics
Forex trading plan for Feb. 27
US dollar rose as core inflation gained 0.2% (vs. +0.1% expected), while durable goods orders rose by 2.8% after falling by 3.3% in the previous period. Despite the negative headline inflation (-0.7%), the expectations of the Fed’s June rate hike...
Forex Analytics
EUR/AUD: trade idea
26 February 2015
By Dima Chernovolov
EUR/AUD reaches sell target 1.4400
Next sell target - 1.4200
EUR/AUD recently reached the sell target 1.4400, which was set in our previous report for this currency pair. The price earlier reversed down twice from the...
Forex Analytics
USD/JPY: bulls having hard time
By Tatiana Norkina, FBS analyst
A couple of days ago, the bulls managed to break out of the cloud zone into the positive area. However, the resistance in the 119.40-119.60 area has killed their enthusiasm pretty quickly. Unsuccessful...
Forex Analytics
AUD/USD: bulls keep pressuring
26 February 2015
By Tatiana Norkina, FBS analyst
The bulls have managed to steal the initiative. Despite the break through the four-hour Ichimoku cloud lower border, the currency pair has failed to consolidate in the negative zone. The bulls...
Forex Analytics
CAD/JPY: buy opportunity
26 February 2015
• CAD/JPY reached buy target 96.00
• Next buy targets - 98.00 and 99.00
CAD/JPY recently reversed down after the price reached the resistance level 96.00, which was set as the buy target in our previous forecast for this instrument...
Forex Analytics
Danske Bank: trade signals for Feb. 26
Open positions:
EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451
GBP/USD: Hold LONG from 1.5405, TAKE PROFIT 1.5621, STOP LOSS 1.5395
USD/CHF: Hold LONG from 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345
AUD/USD...
Forex Analytics
Forex trading plan for Feb. 26
EUR/USD remains mostly flat. The pair’s waiting for fresh catalysts. The ECB’s President Mario Draghi is to speak on Wednesday at 16:30 GMT and may make some comments on monetary policy. On Thursday Germany releases a set of data on unemployment...
Forex Analytics
Danske Bank: trade signals for Feb. 25
Open positions:
EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451
GBP/USD: Hold LONG from 1.5405, TAKE PROFIT 1.5588, STOP LOSS 1.5328
USD/CHF: Hold LONG from 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345
AUD/USD...
Forex Analytics
Forex trading plan for Feb. 25
EUR/USD is leaning to the downside. Support is at 1.1260 and 1.1200. Greece has revealed the list of reforms. According to the European Commission, this is a valid starting point. However, investors see now that Greek question won’t be solved...
Forex Analytics
Large banks: positioning on EUR/USD
24 February 2015
Danske Bank holds SHORT from 1.1320, TAKE PROFIT 1.100, STOP LOSS 1.1451 (entered on Feb. 24)
Bank of America Merill Lynch is ready to SELL from 1.1290, TAKE PROFIT 1.0765, STOP LOSS 1.1451 (entered on Feb. 23)
Morgan...
Forex Analytics
AUD/USD: next sell target
24 February 2015
by Dima Chernovolov
• AUD/USD reversed from resistance zone
• Next sell target - 0.7640
AUD/USD yesterday reversed down from the resistance zone lying between the resistance level 0.7860 (which also previously reversed the price at...
Forex Analytics
EUR/GBP: trade idea
24 February 2015
By Dima Chernovolov
EUR/GBP reached sell targets 0.7380 and 0.7340
Next sell targets - 0.7300 and 0.7200
EUR/GBP has been falling sharply in the last 2 weeks – reaching the two sell targets that were set in our earlier forecast for this...
MARKET NEWS
Key option levels
24 February 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...
Forex Analytics
Danske Bank: trade signals for Feb. 24
Open positions:*
EUR/USD: Hold SHORT at 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451
USD/JPY: Hold LONG at 118.70, TAKE PROFIT 120.48, STOP LOSS 117.98
USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345
AUD/USD: Hold...
Forex Analytics
USD/JPY: target at 120.50
23 February 2015
By Dima Chernovolov
• USD/JPY reversed from support zone near 118.50
• Next buy target - 120.50
USD/JPY recently reversed up from the combined support zone lying between the following support levels: support level 118.50 (former...
Forex Analytics
GBP/AUD: trade idea
23 February 2015
By: Dima Chernovolov
GBP/AUD reverses from support level 1.9600
Next buy target - 2.0000
GBP/AUD earlier reversed down from resistance level 2.0000, intersecting with the upper resistance trendline of the wide daily up channel from...