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.
Wave analysis
28 Mar 2017, 05:36 UTC+00
EUR/JPY is trying to clear minor resistance seen at 120.34 to confirm that the correction in wave ii completed with the test of 119.28 and wave iii higher to 123.97 and then 125.17 and maybe even closer to 126.54 to complete wave 3. Only a break...
Wave analysis
28 Mar 2017, 05:28 UTC+00
The triangle consolidation completed with the test of 1.5305 and wave [v] higher towards 1.5554 and likely even closer to 1.5780 and now is unfolding to complete wave (i). Once this wave is complete, a correction in wave (ii) closer to 1.5160...
Technical analysis
28 Mar 2017, 05:14 UTC+00
The Dollar index made a short-term shallow bounce yesterday and it seems it is not ready yet for a bigger bounce towards 101. Trend remains bearish in the short term.
Technical analysis
28 Mar 2017, 05:09 UTC+00
Gold price remains in a bullish trend despite the pullback from $1,262 to $1,251. The price continues to trade inside the short-term bullish channel. The price reached previous highs and got rejected. The second try at the resistance is expected...
Technical analysis
27 Mar 2017, 21:55 UTC+00
The EUR/USD opened this week with a minor gap-up. Price went upwards in conjunction with the extant bullish outlook, testing the resistance line at 1.0900. The next targets for bulls are located at 1.0950 and 1.1000.
Technical analysis
27 Mar 2017, 21:27 UTC+00
Last week, the 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 upside...
Technical analysis
27 Mar 2017, 21:26 UTC+00
Recently, 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
27 Mar 2017, 18:20 UTC+00
USDX remains in the weakness' path, as the price action is currently consolidated below the 200 SMA and the Bollinger bands are pointing to the downside. With a breakout below the support zone of 98.98.
Technical analysis
27 Mar 2017, 18:20 UTC+00
GBP/USD broke above the resistance level of 1.2539 and now it's headed to reach the 1.2657 zone. If the pair manages to consolidate above that area, we could expect another bullish wave to reach the 1.2718 zone in the short-term.
Fundamental analysis
27 Mar 2017, 14:19 UTC+00
USDCAD has been stalling below the channel resistance since its impulsive break and as of some important speeches coming up from the both sides of the market - the US and Canada - it is expected that by the end of next 24 hours we will come to...
Technical analysis
27 Mar 2017, 14:15 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
27 Mar 2017, 14:15 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...
Fundamental analysis
27 Mar 2017, 14:09 UTC+00
EURJPY bullish momentum seemed to be growing well after the 20 bounce off the 119.40 area on Friday. As of the strong German business climate report the pair has shown some impulsive bullish effect in the market. If the price remains above 20 EMA...
Technical analysis
27 Mar 2017, 12:04 UTC+00
The EUR/USD pair succeeded to breach 1.0852 level and closed the last 4-hour time frame above it. That supports the continuation of our bullish trend expectations efficiently in the upcoming period.
Technical analysis
27 Mar 2017, 12:01 UTC+00
The EUR/JPY pair repeated its fluctuation round the bullish range's support line, located now around 119.50, affected by the negativity of the major indicators that block the expected bullish attempts.
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