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
3 Jul 2015, 17:04 UTC+00
Another re-closure below the level of 1.1150 brought the EUR/USD pair towards 1.1000 again where the uptrend is possible (significant demand). EUR/USD bulls must keep trading above 1.1000, so that further bullish advancement can be achieved. Initial bullish target would be located at 1.1150 and 1.1300 (a prominent supply level to be watched).
Sebastian Seliga
3 Jul 2015, 16:21 UTC+00
Yesterday's June NFP number was slightly lower than estimated 231,000 and it showed only 223,000 of newly created jobs (254,000 in May). Different situation could be observed in unemployment rate.
Joseph Wind
3 Jul 2015, 08:23 UTC+00
The max bulls can make is 1.1150 or 1.1180 at today's session. Use raises to sell favoring today's trend.
Arief Makmur
3 Jul 2015, 07:13 UTC+00
EUR/USD will move low to medium volatility during this day.
Michael Becker
2 Jul 2015, 18:05 UTC+00
Re-closure again below the price level of 1.1150 brought the EUR/USD pair again towards 1.1000 where the uptrend can be visited again (significant DEMAND). Bulls must keep trading above 1.1000 so that further bullish advancement can be expected. Initial bullish target would be located at 1.1150 and 1.1300 (a prominent supply level to be watched).
Mourad El Keddani
2 Jul 2015, 14:54 UTC+00
The EUR/USD pair has rebounded from the minor resistance at 1.1115 and support has been already placed at the level of 1.1029. It is now approaching its support in order to test it, so it will probably start downside movement in this area and recover again. Therefore, it will be a good sign to sell at this spot with the first target of 1.1000 and continue towards 1.0954 (it should be noted that this level will form the weekly support 2). On the other hand, the best location to set stop loss should be placed at 1.1152 in case of a break of 1.1115.
Arief Makmur
2 Jul 2015, 08:16 UTC+00
EUR/USD will move medium to high volatility during this day.
Joseph Wind
2 Jul 2015, 07:38 UTC+00
In both the H1 and H4 charts, the pair has been reaching lower lows and lower highs. Intraday support is found at 1.1025, 1.0970, and 1.0930. Resistance is seen at 1.1080 and 1.1130. Until the pair closes below 1.1200, use rises to sell with a target at 1.0900.
Michael Becker
1 Jul 2015, 17:07 UTC+00
This week, the market opened around the price level of 1.1000 (following a large bearish gap). The price level of 1.1000 corresponds to the daily uptrend. That is why, an ascending bottom is expected to be established there. As long as bulls keep trading above 1.1150, further bullish advancement should be expected. Initial bullish target would be located at 1.1300 which is a prominent supply level to be watched. On the other hand, re-closure below the price level of 1.1150 brings the EUR/USD pair again towards 1.1000 where the uptrend can be retested again.
Arief Makmur
1 Jul 2015, 06:25 UTC+00
EUR/USD will move with low to medium volatility during this day.
Michael Becker
30 Jun 2015, 18:42 UTC+00
The market opened around 1.1000 following the daily uptrend. That is why another ascending bottom is expected to be established around current levels. As long as bulls keep trading above 1.1150, further bullish advancement should be expected. An initial bullish target would be located at 1.1300 which is a prominent supply level to be watched.
Mourad El Keddani
30 Jun 2015, 14:16 UTC+00
The EUR/USD pair will keep its bullish sentiment starting from the levels of 1.1115 and 1.1153, which are coinciding with ratios of 50% Fibonacci retracement level and 61.8% respectively. Equally important, the level of 1.1208 represents the daily pivot point.
Harsh Japee
30 Jun 2015, 11:18 UTC+00
The EUR/USD pair is trading at the level of 1.1165 after yesterday's drop lower to 1.0950.
Joseph Wind
30 Jun 2015, 08:04 UTC+00
The pair managed to trade above 20Wsma at 1.1040 and closed above 100 and 50Dsma.
Arief Makmur
30 Jun 2015, 06:46 UTC+00
EUR/USD will move low to medium volatility during this day.
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