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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.
2017-04-28 | visited: 147

The NZD/USD pair held stable below 0.6915 after retesting it yesterday, which keeps our bearish view valid until now ...

2017-04-28 | visited: 105

The USD/CAD pair retested the level of 1.3574 yesterday and held stable above it, resuming its positive trading and attempting to build support base above 1.3600 barrier ...

2017-04-28 | visited: 121

The EUR/JPY pair formed an intraday negative rebound to test the initial support at 120.80. A good leaning point has been formed which confirms continuation of the positivity in the upcoming period ...

2017-04-28 | visited: 104

The GBP/JPY price confirmed the continuation of the bullish bias, trading above the barrier at 143.35 levels. ...

2017-04-28 | visited: 101

The gold price shows some slight bullish bias in attempt to move away from 1,263.17 levels. ...

2017-04-28 | visited: 97

The silver price tests the 17.43 level that was broken previously, as the price is affected by stochastic positivity. ...

2017-04-28 | visited: 131

Recently, a bullish breakout was achieved above the depicted key level (0.6960). However, the pair failed to express enough bullish momentum above 0.7050. Note the depicted bullish 1-2-3 pattern remains valid as long as bullish fixation above 0.6900 (Lower limit of the depicted consolidation zone) is defended on a daily basis. Expected projection target for the pattern is located around 0.7250. On the other hand, the NZD/USD pair is trapped again within the depicted consolidation range (0.6860-0.6960) until breakout occurs in either direction. ...

2017-04-28 | visited: 159

A few weeks ago, the bullish breakout above 1.3300 (50% Fibonacci Level) enhanced a further advance toward 1.3440 and 1.3580. The expected bullish target would be located around 1.3800 (upper limit of the depicted channel) if the pair maintains upside trading above 1.3580 (confluence of prominent tops) which has been breached earlier this week. ...

2017-04-28 | visited: 132

Buyers in control on the market. My advice is to watch for potential buying opportunities. The first upward target is set at the price of 1.3025. ...

2017-04-28 | visited: 116

Price has reversed right above our stop loss from yesterday. We remain bullish with the price now testing major support at 0.7456 (Fibonacci extension, Elliott wave theory, bullish divergence) and we expect to see a bounce above this level to at least 0.7520 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above the 7% level where we expect a bounce from. We can also see bullish divergence vs price signaling that a bounce is impending. ...

2017-04-28 | visited: 121

We prepare to sell below major resistance at 0.9956 (Fibonacci retracement, horizontal overlap resistance, long-term descending resistance) for a push down to 0.9896 support (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing descending resistance holding the price down correspondingly. ...

2017-04-28 | visited: 150

Hidden bearish divergence in the background. My advice is to watch for potential selling opportunities. The first downward target is set at the price of 110.60. ...

2017-04-28 | visited: 102

The NZD/USD pair continued to move downwards from the level of 0.6931 to the current price around 0.6889. The first resistance level is seen at 0.6973 followed by 0.7025, while daily support 1 is seen at 0.6889. In addition, the moving average (100) starts signaling a downward trend; therefore, the market is indicating a bearish opportunity below 0.6931. So it will be good to sell below the level of 0.6931. ...

2017-04-28 | visited: 106

The USD/CHF pair continues to move downwards from the level of 0.9994. The bias remains bearish in the nearest term testing 0.9882 or lower. This week, the bearish channel is still strong because the pair dropped from the level of 0.9994. The level of 0.9994 coincides with the ratio of the 61.8% Fibonacci retracement levels to the bottom around 0.9898. The price is still set below the area of 0.9959 and 0.9925. ...

2017-04-28 | visited: 176

The EUR/USD pair has settled at the key support of 1.0852 and is holding next to it until now. This keeps the bullish trend scenario valid until now. ...