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.
Fundamental analysis
29 Jul 2016, 13:29 UTC+00
Gold price is testing the EMA50, remaining stable above it, while stochastic begins to provide positive signals on the four hours time frame
Technical analysis
29 Jul 2016, 13:26 UTC+00
The GBPJPY price repeated its attempts to test the main support located at 135.50 keeping positive stability.
Technical analysis
29 Jul 2016, 13:23 UTC+00
The gold price settles above the EMA50 and above the bullish trend line keeping the bullish trend active for the upcoming period.
Technical analysis
29 Jul 2016, 13:21 UTC+00
The silver price showed some slight negative trades this morning testing the EMA50. Stochastic managed to gain positive momentum on intraday time frames.
Technical analysis
29 Jul 2016, 10:06 UTC+00
Daily fixation above 1.2980 (61.8% Fibonacci level) allows a quick bullish movement towards 1.3300 (50% Fibonacci Level) where price action should be watched for significant bearish rejection and a valid SELL entry. On the other hand, daily...
Technical analysis
29 Jul 2016, 09:54 UTC+00
As anticipated, the price zone of 0.7150 - 0.7200 (upper limit of the depicted channel) offered a profitable SELL trade. T/P levels should be located at 0.6970, 0.6900, and 0.6850. S/L should be lowered to 0.7100. On the other hand, the price...
Technical analysis
29 Jul 2016, 09:49 UTC+00
Sideways market at the price of 1.5600. Watch for a breakout of the trading range to confirm further direction.
Technical analysis
29 Jul 2016, 09:46 UTC+00
The price zone of 1.3845-1.4040 now constitutes the recent supply zone to be watched for new SELL entries if any bullish pullback extends above 1.3550. On the other hand, bearish persistence below the demand level at 1.3550 enhances the bearish...
Technical analysis
29 Jul 2016, 09:44 UTC+00
Recent bearish rejection was expected around the current price levels (see the monthly candlesticks of May and June). In the longer term, the level of 0.9450 will remain a projected bearish target if the current monthly candlestick closes below...
Fundamental analysis
29 Jul 2016, 09:41 UTC+00
The bunch of data from Eurozone this morning had revealed that the Eurozone flash Gross Domestic Product for the second quarter was in line with the expectations as it was released at the level of 0.3%q/q and 1.6%y/y. The unemployment rate for the...
Technical analysis
29 Jul 2016, 09:37 UTC+00
Support at the price of $1,333.00 is on the test. Be careful when selling Gold at this stage and watch for buying opportunities. Upward take profit level is set at the price of $1,348.90.
Fundamental analysis
29 Jul 2016, 09:22 UTC+00
The Bank of Japan had decided to leave the interest rate unchanged at the level of -0.1% just as expected. Moreover, the annual rise in the monetary base had been left at the level of 80T yens, just as expected as well. In the monetary policy...
Wave analysis
29 Jul 2016, 09:06 UTC+00
The wave b is still in progress and it might evolve into even more complex and time consuming structure. The 61% Fibo at the level of 116.93 is the most important level for bears as any break out higher will directly expose the recent swing top....
Technical analysis
29 Jul 2016, 09:01 UTC+00
In Asia, Japan will release the
Wave analysis
29 Jul 2016, 08:59 UTC+00
The first wave down after the top at the top for the wave Y at the level of 1.3255 had been established is completed and now the market is in the corrective cycle. At this moment it is quite unclear whether the drop will be more impulsive or more...
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