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.
Michael Becker
22 May 2015, 16:52 UTC+00
Further bullish advancement was enhanced by the multiple daily closures above the levels of 1.1150 and 1.1250 until bearish pressure was applied around 1.1450 (just below the depicted supply level of 1.1500). This week, bearish pullback is taking place towards 1.1150 -1.1050 where a valid buy entry can be offered. On the other hand, the current daily candlestick should be monitored by the end of the day, as a daily fixation below 1.1040 hinders further bullish advancement. If so, an initial bearish target would be located at 1.0900.
Viktor Bajer
22 May 2015, 15:16 UTC+00
In the long term, EUR/USD is looking up, although another swing down might take place.
Alexandros Yfantis
22 May 2015, 12:14 UTC+00
In the long term, EUR/USD is looking up, although another swing down might take place.
Arief Makmur
22 May 2015, 06:40 UTC+00
When the European market opens, economic data one ECB President Draghi's speech, Italian Retail Sales m/m, German Ifo Business Climate, and German Final GDP q/q are on due. The US will release data on the Core CPI m/m and CPI m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.
Joseph Wind
22 May 2015, 04:32 UTC+00
The bulls have an opportunity to trade above 1.1185 likely 1.1230 and 1.1250.
Michael Becker
21 May 2015, 18:43 UTC+00
Further bullish advancement was enhanced by the multiple daily closures above the levels of 1.1150 and 1.1250 until bearish pressure was applied around 1.1450 (just below the depicted supply level of 1.1500). This week, bearish pullback is taking place towards 1.1150 -1.1050 where a valid buy entry can be offered. On the other hand, the current daily candlestick should be monitored by the end of the day, as a daily fixation below 1.1040 hinders further bullish advancement.
Mourad El Keddani
21 May 2015, 13:49 UTC+00
The EUR/USD pair has rebounded from minor support at the level of 1.1105. Now, it is approaching its support in order to test it. In the H4 chart, the price has opened above the minor support at 1.1110. Moreover, it should be noted that the price of 1.3285 represents the daily pivot point. The weekly pivot point coincides with the ratio of 61.8% Fibonacci retracement levels at the same time frame. It is likely to start upside movement in this area and recover it again. Thus, the EUR/USD pair has been calling for a bullish market from the level of 1.1110 today.
Arief Makmur
21 May 2015, 07:39 UTC+00
When the European market opens, some economic news will be released.
Joseph Wind
21 May 2015, 04:30 UTC+00
Until the pair closes below 1.1290 rounded to 1.1300, use every rise to sell following the trend.
Michael Becker
20 May 2015, 18:38 UTC+00
Further bullish advancement was enhanced by the multiple daily closures above the levels of 1.1150 and 1.1250 until bearish pressure was applied around 1.1450 (just below the depicted daily supply 1.1500). Today, bearish pullback is taking place towards 1.1150 -1.1050 where a valid buy entry can be offered. On the other hand, the current daily candlestick should be monitored by the end of the day, as a daily fixation below 1.1040 hinders further bullish advancement. If so, initial bearish target would be located at 1.0900.
Harsh Japee
20 May 2015, 10:23 UTC+00
Technical analysis and trading recommendations for EUR/USD for May 20, 2015. The EUR/USD pair is seen to be forming a bottom around 1.1100/10 now.
Arief Makmur
20 May 2015, 06:13 UTC+00
When the European market opens, economic data on the German PPI m/m are due.The US will release the FOMC Meeting Minutes and Crude Oil Inventories. So amid the reports, EUR/USD will move low to medium volatility during this day.
Joseph Wind
20 May 2015, 04:49 UTC+00
Intraday support is found at 1.1090 and 1.1050. The trade favors selling on rises.
Arief Makmur
19 May 2015, 05:48 UTC+00
When the European market opens, economic data on Trade Balance, Final Core CPI y/y, ZEW Economic Sentiment, Final CPI y/y, and German ZEW Economic Sentiment are due for release.The US will reveal economic data on Housing Starts and Building Permits. So amid the reports, EUR/USD will move low to medium volatility during this day.
Joseph Wind
19 May 2015, 04:46 UTC+00
Use every rise to sell with sl 1.1390. Safe sell will trigger below 1.1300 with targets at 1.1210 and 1.1190.
123>Last ›