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Forex analysis review

Materials presented in the "Forex analysis" section are provided by the international broker InstaForex. The section is regularly updated with the latest news, trends and forecasts provided by the professional analysts of InstaForex Company. Articles, market outlook and the current trend reviews are written with the help of fundamental, fractal, wave and technical analysis.
2017-04-26 | visited: 112

The GBP/JPY pair succeeded to gather the bullish momentum. The bullish attack will resume by surpassing 141.10 level, approaching from our target at 143.35. ...

2017-04-26 | visited: 117

Gold price has settled at the critical support level of 1,263.17. Please note that stochastics is showing clear signals of oversold market consitions. This creates momentum that we await to encourage a further rise again ...

2017-04-26 | visited: 85

Silver price managed to reach the bullish channel's support while stochastic touched the oversold levels. ...

2017-04-26 | visited: 149

Critical resistance at the price of 1.2840 is on the test. My advice is to watch for potential selling opportunities. The first downward target is set at the price of 1.2755. ...

2017-04-26 | visited: 163

I have noticed a hidden bearish divergence on the oscillator. My advice is to watch for potential selling opportunities. The first downward target is set at the price of 1.0725. ...

2017-04-26 | visited: 127

The USD/CHF pair continues to trade downwards from the level of 0.9994 (first resistance). The pair dropped from the level of 0.9994 (this level of 0.9994 coincides with the ratio of the 61.8% Fibonacci reterecement levels to the bottom around 0.9898. The current price is still set below the first resistance (0.9994). Today, the first resistance level is seen at 0.9994 followed by 1.0044, while daily support 1. ...

2017-04-26 | visited: 117

The NZD/USD pair opened below the daily pivot point (0.6931). It continued to move downwards from the level of 0.6931 to the current price around 0.6903. Today, the first resistance level is seen at 0.6973 followed by 0.7025, while daily support 1 is seen at 0.6889. Furthermore, the moving average (100) starts signaling a downward trend. ...

2017-04-26 | visited: 116

Interesting developments regarding major overhaul in the US corporate tax plans are being reported by financial newswires. ...

2017-04-26 | visited: 150

The Australian Consumer Price Index data for the first quarter of 2017 fell below expectations at 0.5% q/q. ...

2017-04-26 | visited: 210

On Wednesday 26th of April, the event calendar is light in important economic releases, but global investors will keep an eye on the retail sales data from Canada and Crude Oil inventories from the US. ...

2017-04-26 | visited: 171

The Dollar index made a new low yesterday but still remains inside the important long-term support area. I expect a strong bounce from current levels. ...

2017-04-26 | visited: 232

Gold price is trading around important Fibonacci support area of $1,265. Gold price is expected to at least make a bounce towards $1,275-80 where important short-term resistance is found. Gold could very well have finished the entire corrective decline. ...

2017-04-26 | visited: 120

Since the close last Friday, the EUR/JPY pair has gone upwards by 450 pips, following the gap-up that was seen at the beginning of this week. There is now a Bullish Confirmation Pattern in the market, and price could continue going further upwards, reaching the supply levels at 122.00, 122.50, and 123.00. The supply level at 121.50 is currently being tested. ...

2017-04-26 | visited: 146

The base-channel resistance line near 1.5765 is now behind us and wave iii should continue to accelerate higher towards the 166.56 target. Upon a break above 1.5834, the next minor resistance on the way higher will be seen at 1.6115. As we are in wave iii of 3, we should be aware that corrections can be small and even sub-normal, so stay with the trend higher. ...

2017-04-26 | visited: 185

EUR/JPY is already testing the extension target at 121.92 and the rally from 116.42 does not show signs of exhaustion yet. So as long as minor support seen at 121.22 is able to protect the downside, we should look for the possibility of even more upside towards 122.41 and maybe even closer to 123.32 before wave iii peaks. Longer term, a rally to above 124.09 remains expected here. ...