Forex analysis

Forex analysis
The Forex analysis section contains experts’ reviews of financial markets, daily online forecasts of currencies dynamics, and analysis of financial markets for a week ahead. Over two dozens of Russian and Western currency strategists share their forecasts for tomorrow and offer their advice on trading. A stream of fresh quality analytical materials on MT5 is one of essential instruments of successful trading.
Technical analysis
24 Mar 2017, 15:05 UTC+00
We take a nice detailed look at EUR/JPY and see if there are any trading opportunities for us to make some juicy pips! We combine the art of Fibonacci retracements, Fibonacci extensions, Support & Resistance along with Stochastic and the RSI...
Technical analysis
24 Mar 2017, 14:53 UTC+00
We take a nice detailed look at AUD/USD and see if there are any trading opportunities for us to make some juicy pips! We combine the art of Fibonacci retracements, Fibonacci extensions, Support & Resistance along with Stochastic and RSI to...
Technical analysis
24 Mar 2017, 14:16 UTC+00
The price continues to drop nicely from our selling area as expected and is seeing a nice bearish reaction below 0.7065 resistance (Fibonacci retracement, Fibonacci extension) where we expect a drop to at least 0.6968 support (Fibonacci...
Technical analysis
24 Mar 2017, 14:15 UTC+00
The price has shot down and reached our profit target. We prepare to buy above major support at 119.15 (Fibonacci extension, Fibonacci retracement) for a bounce up to at least 120.33 (Fibonacci retracement, horizontal overlap...
Technical analysis
24 Mar 2017, 14:15 UTC+00
The price has dropped perfectly and reached our profit target. We now look to buy above 0.7619 support (Fibonacci retracement, Fibonacci extension, and horizontal overlap support) for a push up to 0.7684 resistance (Fibonacci retracement, recent...
24 Mar 2017, 12:36 UTC+00
The EUR/USD had dropped yesterday according to the plan discussed here and almost hit the first levels at 1.0750, before pulling back higher again. The current wave structure reveals that the rally is corrective in nature at least for now.
Wave analysis
24 Mar 2017, 12:33 UTC+00
The triangle consolidation we mentioned yesterday is shaping up nicely and all that is needed is a minor setback to 1.5285 before the triangle is complete and wave [5] higher to 1.5764 should be expected. A break above minor resistance seen at...
Wave analysis
24 Mar 2017, 12:27 UTC+00
We continue to look for a firm test of minor resistance seen at 120.34, This resistance might be broken slightly before a correction toward 119.75 from where the next strong rally is expected higher toward 122.88 and above.
Technical analysis
24 Mar 2017, 11:09 UTC+00
This week, the current bullish breakout above 1.3300 (50% Fibonacci Level) enhanced further advance toward 1.3440 and 1.3530. The next bullish target would be located around 1.3800 (upper limit of the depicted channel) if the pair maintains...
Technical analysis
24 Mar 2017, 11:07 UTC+00
This week, the bullish breakout above the depicted key level (0.6960) was achieved. That is why any bearish pullback toward 0.6960 should be watched for bullish rejection and a possible BUY entry. On the other hand, the price level of 0.7100...
Technical analysis
24 Mar 2017, 09:07 UTC+00
Rejection from the upper diagonal of the downward channel. My advice is to watch for selling opportunities. The first target is set at the price of 110.70.
Technical analysis
24 Mar 2017, 08:57 UTC+00
The upward trend on the EUR/USD pair is observed. My advice is to watch for potential buying opportunities. The first upward target is set at the price of 1.0820.
Technical analysis
24 Mar 2017, 08:51 UTC+00
The NZD/USD pair is still moving around the area of 0.7075. The pair has already formed minor resistance at 0.7004 and the strong resistance is seen at the level of 0.7075 because it represents the weekly resistance 1. So, major resistance is seen...
Technical analysis
24 Mar 2017, 08:44 UTC+00
The USD/CHF pair faced resistance at the level of 0.9991, while minor resistance is seen at 0.9949. Support is found at the levels of 0.9915 and 0.9891. Also, it should be noted that a daily pivot point has already seen at the level of 0.9949. The...
Fundamental analysis
24 Mar 2017, 08:14 UTC+00
The PMI Manufacturing data from Japan was worse than anticipated.
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