|
Server Time: Sep 23, 2025 09:21:15 UTC
| News discussions Discuss latest events in Money making industry. Just press a "Discuss" button on any news article! |
07-17-2017, 10:45 PM
|
#11
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of EUR/USD for July 18, 2017
*
When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment and German ZEW Economic Sentiment. The US will release the Economic Data, too, such as NAHB Housing Market Index and Import Prices m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1528.
Strong Resistance:1.1521.
Original Resistance: 1.1510.
Inner Sell Area: 1.1499.
Target Inner Area: 1.1472.
Inner Buy Area: 1.1445.
Original Support: 1.1434.
Strong Support: 1.1423.
Breakout SELL Level: 1.1416.
*
|
|
|
|
|
07-18-2017, 10:51 PM
|
#12
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of NZD/USD for July 19, 2017
*
Overview:
The NZD/USD pair is showing signs of strength following a breakout of the highest level of 0.7307. On the H1 chart. the level of 0.7307 coincides with 61.8% of Fibonacci, which is expected to act as minor support today. Since the trend is above the 61.8% Fibonacci level, the market is still in an uptrend. So, major support is seen at the level of 0.7307. Furthermore, the trend is still showing strength above the moving average (100). Thus, the market is indicating a bullish opportunity above the above-mentioned support levels, for that the bullish outlook remains the same as long as the 100 EMA is headed to the upside. Therefore, strong support will be found at the level of 0.7307 providing a clear signal to buy with a target seen at 0.7372. If the trend breaks the minor resistance at 0.7372, the pair will move upwards continuing the bullish trend development to the level 0.7400 in order to test the daily resistance 1. However, it would also be sage to consider where to place a stop loss; this should be set below the second support of 0.7287.
*
|
|
|
|
|
07-19-2017, 11:00 PM
|
#13
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of USD/JPY for July 20, 2017
*
In Asia, Japan will release the BOJ Press Conference, All Industries Activity m/m, BOJ Policy Rate, BOJ Outlook Report, Monetary Policy Statement, and Trade Balance data, and the US will release some Economic Data, such as Natural Gas Storage, CB Leading Index m/m, Philly Fed Manufacturing Index, and Unemployment Claims. So, there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Resistance. 3: 112.43.
Resistance. 2: 112.21.
Resistance. 1: 112.01.
Support. 1: 111.73.
Support. 2: 111.51.
Support. 3: 111.29.
*
|
|
|
|
|
07-20-2017, 10:51 PM
|
#14
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of USD/CHF for July 21, 2017
*
Overview:
The USD/CHF pair.
Pivot: 0.9590.
The swissy fell from the level of 0.9665 to bottom at 0.9523. The USD/CHF pair has faced strong support at the level of 0.9523 (the double bottom). Current price is around the spot of 0.9520. So, the strong support has been already faced at the level of 0.9523 and the pair is likely to try to approach it in order to test it again and form a double bottom. Hence, the USD/CHF pair is continuing to trade in a bullish trend from the new support level of 0.9523; to form a bullish channel. According to the previous events, we expect the pair to move between 0.9523 and 0.9665. Also, it should be noted major resistance is seen at 0.9665, while immediate resistance is found at 0.9590. Then, we may anticipate potential testing of 0.9665 to take place soon. Moreover, if the pair succeeds in passing through the level of 0.9665, the market will indicate a bullish opportunity above the level of 0.9665. A breakout of that target will move the pair further upwards to 0.9746. Buy orders are recommended above the area of 0.9523 with the first target at the level of 1.9590 and continue towards the levels of 0.9665 and 0.9746. However, if the USD/CHF pair fails to break out through the resistance level of 1.9590; the market will decline further to the level of 0.9453.
*
|
|
|
|
|
07-26-2017, 12:36 AM
|
#15
|
Member
Posts: 45
Likes: 0
Liked 0 times in 0 posts
Join Date: Oct 2013
|
USD/CHF profit target reached perfectly, prepare to sell
The price has shot up perfectly and reached our profit target from yesterday. We prepare to sell below major resistance at 0.9530 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) for a push down to at least 0.9436 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is right on major resistance at 95%.
Sell below 0.9530. Stop loss is at 0.9563. Take profit is at 0.9436.
*
InstaForex analytical reviews will make you fully aware of market trends!
Being an InstaForex client, you are provided with a large number of free services for efficient trading.
|
|
|
|
|
07-26-2017, 11:03 PM
|
#16
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of EUR/USD for July 27, 2017
*
When the European market opens, some Economic Data will be released, such as Private Loans y/y, M3 Money Supply y/y, GfK German Consumer Climate, and Spanish Unemployment Rate. The US will release the Economic Data, too, such as Natural Gas Storage, Prelim Wholesale Inventories m/m, Goods Trade Balance, Durable Goods Orders m/m, Unemployment Claims, and Core Durable Goods Orders m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1787.
Strong Resistance:1.1780.
Original Resistance: 1.1769.
Inner Sell Area: 1.1758.
Target Inner Area: 1.1730.
Inner Buy Area: 1.1702.
Original Support: 1.1691.
Strong Support: 1.1680. Breakout SELL Level: 1.1673.
*
|
|
|
|
|
08-28-2017, 10:49 PM
|
#17
|
Senior Member
Posts: 129
Likes: 0
Liked 0 times in 0 posts
Join Date: Jul 2013
|
Technical analysis of USD/JPY for Aug 29, 2017
*
In Asia, Japan will release the BOJ Core CPI y/y, Unemployment Rate, Household Spending y/y data, and the US will release some Economic Data, such as CB Consumer Confidence and S&P/CS Composite-20 HPI y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Resistance. 3: 109.34.
Resistance. 2: 109.13.
Resistance. 1: 108.91.
Support. 1: 108.66.
Support. 2: 108.44.
Support. 3: 108.23.
*
|
|
|
|
|
09-11-2017, 02:11 AM
|
#18
|
Member
Posts: 45
Likes: 0
Liked 0 times in 0 posts
Join Date: Oct 2013
|
Technical analysis of gold for September 11, 2017
Gold price opened with a gap down today. Trend remains bullish. Price can find support at $1,330-$1,340 area. Gold price is expected to continue its bullish trend higher.
*
Black lines - bullish channel
Gold price has reached the 38% Fibonacci retracement support. We could see price move a bit lower towards the lower channel boundary or the Ichimoku cloud support at $1,330, This would be a buying opportunity. I remain bullish and expect Gold price to reverse to the upside soon.
*
On a daily basis, Gold price is making higher highs and higher lows. Support is at $1.330-$1,300 area. Trend is bullish in ichimoku cloud terms as well. The oscillators are turning downwards from overbought levels but we have no divergence. This implies that price should make new highs after the pullback is over.
InstaForex analytical reviews will make you fully aware of market trends!
Being an InstaForex client, you are provided with a large number of free services for efficient trading.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
|
