Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Page 234 of 409 FirstFirst ... 134184224232233234235236244284334 ... LastLast
Results 2,331 to 2,340 of 4086
  1. #2331
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Technical analysis of EUR/USD for June 21, 2017





    When the European market opens, some Economic Data will be released, such as German 30-y Bond Auction. The US will release the Economic Data, too, such as Crude Oil Inventories and Existing Home Sales, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


    TODAY'S TECHNICAL LEVEL:
    Breakout BUY Level: 1.1189.
    Strong Resistance:1.1183.
    Original Resistance: 1.1172.
    Inner Sell Area: 1.1161.
    Target Inner Area: 1.1135.
    Inner Buy Area: 1.1109.
    Original Support: 1.1098.
    Strong Support: 1.1087.
    Breakout SELL Level: 1.1081.


    Analysis are provided byInstaForex.

  2. #2332
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Fundamental Analysis of USD/CHF for June 22, 2017





    Recently USD/CHF has been quite corrective in nature after the price broke above the 0.97 resistance after breaking it below with a daily close. Currently, the price is residing inside a corrective range area between 0.97 to 0.98. CHF has been dominating USD since the negative employment report of USD this month and CHF is expected to dominate further if the upcoming CHF economic reports come out positive. Today CHF Trade Balance report is going to be published which is expected to rise to 2.44B from previous value of 1.97B and as the export demand and currency demand is directly linked for which a positive Trade Balance reports is expected to provide more strength to CHF to gain against USD in the future. On the USD side today, Unemployment Claims report is going to be published which is expected to rise to 241k from the previous figure of 237k, as the expectation is quite negative on the USD, positive Trade Balance report is expected to help CHF to gain further in the coming days. If the USD Unemployment Claims report comes out better than expected then the price is expected to remain inside the range of 0.97-0.98 area in the coming days until any high impact economic events of the currencies publish in the future.


    Now let us look at the technical view, the price is currently residing between the range of 0.97 to 0.98 area. As a strong bearish trend in place and recent impulsive bearish move in this pair, currently more bearish movement in this pair is expected but a daily close below 0.97 will confirm the further downward movement in this pair with a target towards 0.9550 support area. The bearish bias will continue until the price breaks above 0.98 resistance level with a daily close above it.


    Analysis are provided byInstaForex.

  3. #2333
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Technical analysis of USD/CHF for June 23, 2017





    Overview:
    The USD/CHF pair. The current price is seen at 0.9736 to act as a daily pivot point. The USD/CHF pair didn't make any significant movements yesterday. The bias remains bearish in the nearest term testing 0.9769or higher It should be noted that volatility is very high for that the USD/CHF pair is still moving between 0.9769 and 0.9691 in coming hours. Furthermore, the price has been set below the strong resistance at the levels of 0.9751 and 0.9769. Additionally, the price is in a bearish channel now. Amid the previous events, the pair is still in a downtrend. From this point, the USD/CHF pair is continuing in a bearish trend from the new resistance of 0.9751/0.9769. Thereupon, the price spot of 0.9751/0.9769 remains a significant resistance zone. Therefore, a possibility that the USD/CHF pair will have downside momentum is rather convincing and the structure of a fall does not look corrective. In order to indicate a bearish opportunity below 0.9751, sell below 0.9751 with the first targets at 0.9706, 0.9691 and 0.9673. On the other hand, the stop loss should be located above the level of 0.9769.


    Analysis are provided byInstaForex.

  4. #2334
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Daily analysis of USDX for June 27, 2017





    USDX is being capped by the resistance level of 97.42 and it's targeting the resistance level of 97.84 as the next key area for sellers. There is not a clear trend in the index amid sideways' start of the week for most of the markets. If the support level of 97.10 gives up in favor of the bears, then it can decline towards 96.87.


    H1 chart's resistance levels: 97.43 / 97.84
    H1 chart's support levels: 97.10 / 96.87


    Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 97.43, take profit is at 97.84 and stop loss is at 97.00.


    Analysis are provided byInstaForex.

  5. #2335
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Technical analysis of USD/CHF for June 28, 2017





    Overview:


    The USD/CHF pair has kept moving downwards from the level of 0.9701. Yesterday, the pair dropped from the level of 0.9701(this level of 0.9701 coincides with the ratio of 61.8% Fibonacci retracement) to the bottom around 0.9591. Today, the first resistance level is seen at 0.9660 followed by 0.9701, while daily support 1 is seen at 0.9545. According to the previous events, the USD/CHF pair is still moving between the levels of 0.9660 and 0.9545; for that, we expect a range of 115 pips (0.9660 - 0.9545). If the USD/CHF pair fails to break through the resistance level of 0.9545, the market will decline further to 0.9500 in coming days. This would suggest a bearish market because the RSI indicator is still in a positive area and does not show any trend reversal signs. On the contrary, if a breakout takes place at the resistance level of 0.9731 (the double top), then this scenario may become invalidated.


    Analysis are provided byInstaForex.

  6. #2336
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Daily analysis of USDX for June 29, 2017





    Overview:


    USDX is accelerating the downside and it looks can reach the support zone of 95.77 in coming hours. If the index manages to consolidate its price action below 95.77, then it's likely to test the support area of 95.10. However, we expect a recovery to take place, focusing on the resistance zone of 96.77, which coincides with the 200 SMA at H1 chart.


    H1 chart's resistance levels: 96.77 / 97.20
    H1 chart's support levels: 96.38 / 95.77


    Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 95.77, take profit is at 95.10 and stop loss is at 96.42.


    Analysis are provided byInstaForex.

  7. #2337
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Elliott wave analysis of EUR/NZD for June 30, 2017





    Wave summary;


    Red wave ii is likely turning into an expanded flat correction, which calls for a final decline to just below 1.5480 before turning strongly higher in red wave iii. After an expanded flat wave two correction, the following wave three rallies should be expected to extend and that will call for a rally to at least 1.6232 and possibly even higher.


    R3: 1.5931
    R2: 1.5801
    R1: 1.5712
    Pivot: 1.5650
    S1: 1.5600
    S2: 1.5500
    S3: 1.5450


    Trading recommendation:
    We are long EUR from 1.5645 with stop placed at 1.5210. If you are not long EUR yet, then buy EUR near 1.5450 and use the same stop.


    Analysis are provided byInstaForex.

  8. #2338
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Technical analysis of USD/JPY for July 03, 2017


    [IMG]https://forex-images.ifxdb.com/userfiles/20170703/USDJPY.jpg
    [/IMG]


    In Asia, Japan will release the Consumer Confidence, Final Manufacturing PMI, Tankan Non-Manufacturing Index, and Tankan Manufacturing Index data, and the US will release some Economic Data, such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI. So, there is a probability the USD/JPY will move with low to medium volatility during this day.


    TODAY'S TECHNICAL LEVEL:
    Resistance. 3: 112.87.
    Resistance. 2: 112.65.
    Resistance. 1: 112.43.
    Support. 1: 112.16.
    Support. 2: 111.94.
    Support. 3: 111.72.


    Analysis are provided byInstaForex.

  9. #2339
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Technical analysis of EUR/USD for July 04, 2017





    When the European market opens, some Economic Data will be released, such as PPI m/m and Spanish Unemployment Change. Today, the US will not release any Economic Data, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.


    TODAY'S TECHNICAL LEVEL:
    Breakout BUY Level: 1.1427.
    Strong Resistance:1.1420.
    Original Resistance: 1.1409.
    Inner Sell Area: 1.1398.
    Target Inner Area: 1.1371.
    Inner Buy Area: 1.1344.
    Original Support: 1.1333.
    Strong Support: 1.1322.
    Breakout SELL Level: 1.1315.


    Analysis are provided byInstaForex.

  10. #2340
    Senior Investor IFX Kerstin's Avatar
    Join Date
    Aug 2012
    Posts
    1,942
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Eurozone inflation is not happy





    If the buyers of the European currency make an attempt to create an upward movement in the first half of the day, then the weak data on eurozone inflation will scare the rest of the traders who are willing to acquire risky assets, at least for today. In the afternoon, many markets will be closed due to the US Independence Day.


    Eurozone producer prices fell again in May indicating weak inflation despite the faster economic growth in the area.


    According to the European Union's statistics agency, the eurozone producer price index declined by 0.4% from April's data. Although, compared with the same period in 2016, the index grew by 3.3%. The month-to-month drop was bigger that the 0.1% decrease that economists expected.


    Slowing inflation may again be a major headache for the European Central Bank which is currently carrying out various methods to help the economy including implementation of negative interest rates and the asset purchase program to try and achieve stable economic growth and a basic inflation rate under 2.0% .


    The statements of the ECB President last week was not able to give assurance that the central bank will immediately reduce monetary policies to stimulate the economy.


    The reaction of the Australian dollar to the statements made by the Reserve Bank of Australia may indicate a turning point in the upward movement that began last month.


    According to reports released today, the Reserve Bank of Australia left its benchmark interest rate unchanged at 1.50% saying that interest rates are consistent with their objectives in relation with the GDP and inflation. The bank also expects the gradual strengthening of the Australian economy that will be positively affected by the continued large-scale acceleration of global growth.


    An important issue for the regulator is the active strengthening of the Australian dollar which will complicate the adjustment of the economy and lower wage growth. As for the Australian labor market, the RBA economists are satisfied with the increase in employment growth in recent months. Despite this, the market indicators themselves remain ambiguous.


    From a technical point of view, the five-day growth of the Australian dollar should have undergone a downward correction. However, it's still very early to talk about a turning point for buyers. It is possible that when returning to the lower limit of 0.7549, there will be a demand again for the Australian dollar which is expected to continue towards an upward trend in the medium-term for the trading instrument. Also, large resistance levels around 0.7725 and 0.7765 have not been updated. After testing, one could definitely expect a larger downward correction for the Australian dollar.


    Analysis are provided byInstaForex.

  11. Sponsored Links
Page 234 of 409 FirstFirst ... 134184224232233234235236244284334 ... LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Share |