riki143 Posted February 18, 2015 Posted February 18, 2015 MARKET NEWS Key option levels 18 February 2015 FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1300 (EUR 2bln), 1.1350 (EUR 500m), 1.1400 (EUR 1.95bln), 1.1430 (EUR 471m); GBP/USD: 1.5350 (GBP 200m); USD/JPY: 117.90/118.00 (USD 1.9bln), 118.50 (USD 1.4bln), 119.00 (USD 828m) 119.50 (USD 2.2bln); USD/CHF: 0.9385 (USD 200m), 0.9500 (USD 463m); AUD/USD: 0.7715 (AUD 557m), 0.7815 (AUD 240m); AUD/JPY: 91.15 (AUD 350m); EUR/JPY: 135.25 (EUR 200m), 136.40 (EUR 412m); EUR/GBP:0.7500 (EUR 412m). More: http://fxbazooka.com/en/news/show/2300 Quote
riki143 Posted February 19, 2015 Posted February 19, 2015 Forex Analytics Trading plan for Feb. 19 By Kira Iukhtenko The Greek question continues dominating the EUR/USD pair. On Wednesday the exchange rate slipped below the 1.1400 support. Daily close below 1.1360 would be a bearish signal, opening the way towards 1.1310 and 1.1270. Resistance is seen at 1.1450. There is a market speculation that the ECB faces resistance from Germany to allow extra emergency lending for Greek banks. Earlier in the day Greece accused the Eurogroup of changing the draft they previously agreed on Tuesday just at the last minute.On Thursday the ECB is scheduled to release Monetary Policy Meeting Accounts for the first time, trying to increase transparency. GBP/USD jumped to 1.5440 after the arrival of UK employment data. Unemployment rate lowered to 5.7% in December, while average wages rose from 1.7% to 2.1%. Later in the day the BOE minutes showed MPC voted unanimously to leave monetary policy unchanged. Despite the upbeat news, we remain skeptical about the long-term GBP/USD prospects: UK consumer prices keep on falling, playing against the rate hike expectations. Technically, the bulls could face resistance at the 1.5475 barrier. Watch the UK CBI Industrial Order Expectations on Thursday. USD/JPY consolidates around the 119.00 mark. The yen met some buying interest on Wednesday after the BOJ left its monetary policy unchanged. Watch the Japanese trade balance on Thursday night. Demand for the commodity currencies remains limited. AUD/USD pulled down from the 0.7800 resistance area, while NZD/USD failed to overcome the 0.7600 mark (50% Fibonacci). New Zealand is scheduled to release PPI tonight. More: http://fxbazooka.com/en/analitycs/show/3724 Quote
riki143 Posted February 19, 2015 Posted February 19, 2015 Forex Analytics Danske Bank: trade signals for Feb. 19 Open positions*: EUR/USD: Hold LONG at 1.1383, TAKE PROFIT 1.1534, STOP LOSS 1.1298 USD/JPY:Hold LONG at 118.70, TAKE PROFIT 120.48, STOP LOSS 117.98 GBP/USD:Hold LONG at 1.5325, TAKE PROFIT 1.5500, STOP LOSS 1.5265 USD/CHF:Hold LONG at 0.8755, TAKE PROFIT 0.9650, STOP LOSS 0.9282 AUD/USD:Hold LONG at 0.7775, TAKE PROFIT 0.7907, STOP LOSS 0.7715 USD/CAD:Hold SHORT at 1.2420, TAKE PROFIT 1.2200, STOP LOSS 1.2501 EUR/GBP: Hold LONG at 0.7397, TAKE PROFIT 0.7574, STOP LOSS 0.7332 EUR/CHF: Hold LONG at 1.0510, TAKE PROFIT 1.1002, STOP LOSS 1.0548 GBP/JPY: Hold LONG at 182.00, TAKE PROFIT 187.30, STOP LOSS 181.00 Trade ideas: EUR/JPY: BUY at 135.05, TAKE PROFIT 137.64, STOP LOSS 133.90 NZD/USD: BUY at 0.7475, TAKE PROFIT 0.7619, STOP LOSS 0.7405 EUR/CAD: Possibly BUY ______________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/3732 Quote
riki143 Posted February 20, 2015 Posted February 20, 2015 Forex Analytics Forex trading plan for Feb. 20 Greece is the main topic for EUR/USD as it made a request for a 6-month credit which got rejected by Germany. The Eurogroup meeting will take place tomorrow. There are many levels to watch on the upside and the downside. Support for euro is at 1.1355, 1.1330, 1.1270 and 1.1200. Resistance is in the 1.1440/50 area and at 1.1500. Volatility is going to increase as the fate of Greece will be determined in the hours to come. Most traders still expect a last-minute compromise. The euro area will release flash PMI data on Friday. GBP/USD met resistance at 1.5480 (23.6% Fibo of July-January decline) before more resistance in the 1.5550/5600 area. Watch British retail sales figures at 09:30 GMT (forecast is negative). Support is at 1.5400 and a fall below this level will jeopardize the ongoing positive tone making the pair vulnerable for a decline to 1.5350 and 1.5300. USD/JPY is now caught between 119.40 and 118.40. The consolidation will likely continue. AUD/USD is capped by strong resistance at 0.7850. Support is at 0.7720 and 0.7625. More: http://fxbazooka.com/en/analitycs/show/3742 Quote
riki143 Posted February 20, 2015 Posted February 20, 2015 Forex Analytics Danske Bank: trade signals for Feb. 20 Open positions*: EUR/USD: Hold LONG at 1.1383, TAKE PROFIT 1.1534, STOP LOSS 1.1298 USD/JPY: Hold LONG at 118.70, TAKE PROFIT 120.48, STOP LOSS 117.98 GBP/USD: Hold LONG at 1.5325, TAKE PROFIT 1.5541, STOP LOSS 1.5335 USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345 AUD/USD: Hold LONG at 0.7775, TAKE PROFIT 0.7907, STOP LOSS 0.7715 EUR/JPY: Hold LONG at 135.05, TAKE PROFIT 137.64, STOP LOSS 133.90 EUR/GBP: Hold LONG at 0.7397, TAKE PROFIT 0.7574, STOP LOSS 0.7342 EUR/CHF: Hold LONG at 1.0510, TAKE PROFIT 1.1002, STOP LOSS 1.0629 GBP/JPY: Hold LONG at 182.00, TAKE PROFIT 187.30, STOP LOSS 181.45 Trade ideas: USD/CAD: BUY at 1.2475, TAKE PROFIT 1.2697, STOP LOSS 1.2416 NZD/USD: BUY at 0.7475, TAKE PROFIT 0.7619, STOP LOSS 0.7405 EUR/CAD: Possibly BUY More: http://fxbazooka.com/en/analitycs/show/3747 Quote
riki143 Posted February 20, 2015 Posted February 20, 2015 Forex Analytics GBP/JPY: trade opportunity 20 February 2015, 10:10 By Dima Chernovolov • GBP/JPY reached buy targets 180.00 and 182.00 • Next buy target - 186.00 GBP/JPY recently rose sharply – breaking above the two resistance levels 180.00 and 182.00, which were set as the buy targets in our previous technical analysis report for this currency pair. The breakout of these resistance levels continues the active primary Ⓒ-wave from the start of February. The price recently corrected shortly down inside the second intermediate correction (2) of this Ⓒ-wave toward the former resistance level 182.00 (acting as support now after it was broken by the previous impulse (1)). The price then reversed up from 182.00 with the daily Japanese candlesticks reversal pattern Bullish Engulfing (highlighted below). GBP/JPY is likely to rise further to the next buy target at 186.00. More: http://fxbazooka.com/en/analitycs/show/3757 Quote
riki143 Posted February 20, 2015 Posted February 20, 2015 Forex Analytics NZD/CHF: trade idea 20 February 2015 By Dima Chernovolov • NZD/CHF breaks resistance level 0.7090 • Next buy targets - 0.7200 and 0.7300 NZD/CHF has been rising steadily in the last couple weeks – in line with our earlier forecast for this currency pair. The price earlier broke above the resistance levels 0.6900 and 0.7000, which were set previously set as the buy targets for NZD/CHF. The breakout of these resistance levels accelerated the upward movement of this currency pair – helping NZD/CHF break above the next pivotal resistance level 0.7090 (former major support level which reversed the pair sharply in May of 2012 and in August of 2013, as you can see from the weekly NZD/CHF chart below). NZD/CHF is likely to continue to rise strongly in the coming trading sessions toward the next buy targets 0.7200 and 0.7300. Buy stop-loss can be placed below the broken resistance level 0.7090. More: http://fxbazooka.com/en/analitycs/show/3755 Quote
riki143 Posted February 23, 2015 Posted February 23, 2015 Forex Analytics USD awaits Yellen's testimony 23 February 2015 By: Kira Iukhtenko According to the Federal Reserve's minutes of Jan. 27-28 meeting, many FOMC members think that the interest rates should stay near 0 for a longer time period because of low inflation and other risks. The central bank wants to see signs of continuing economic growth and recovery in inflation before raising rates. Policy minutes became a negative surprise for the dollar bulls. Does it mean that we have to drop our June rate hike expectations? I’d better not judge hastily. The labor market is showing an upbeat dynamics over the past moths. What’s more, a stronger oil price recovery in the coming months would support the US inflation. On the new week the US currency is expected to strengthen ahead of the Janet Yellen’s testimony on Tuesday, Feb. 24. She could pay attention to the positive economic developments that took place over the past weeks. Yellen is unlikely to discuss hate hike terms, but “hawks” would be grateful for any optimistic comments. You should also pay attention to the consumer price index on Thursday and to the preliminary Q4 GDP on Friday. More: http://fxbazooka.com/en/analitycs/show/3758 Quote
riki143 Posted February 23, 2015 Posted February 23, 2015 Forex Analytics EUR/USD: another eventful week 23 February 2015, 10:34 Another eventful week is in store for the euro. On Monday Germany will release Ifo Business Climate index. On Tuesday the euro zone’s final inflation data for January will be published: according to the initial estimate, consumer prices contracted by 0.6%. This was the first decline since late 2009. In addition, the ECB’s President Mario Draghi will speak on Tuesday and Wednesday. Pay special attention to the second one as Draghi will testify to the European Parliament. On Thursday the ECB will conduct the third round of TLTRO. Within this program the ECB will provide liquidity to commercial banks of the region so that they could lend to the real economy. Usually TLTRO leads to lower long-term interest rates and weakens euro. The higher is the demand for credit from commercial banks, the stronger is the bearish impact on euro. On Friday watch important economic data from Germany and France. Despite risks associated with Greece, market players are rather calm and may remain so supporting the single currency. Temporary solution of the Greek problem will be positive for the euro. Resistance for EUR/USD lies at 1.1500 and 1.1650. Support is at 1.1200 and 1.1100. More: http://fxbazooka.com/en/analitycs/show/3760 Quote
riki143 Posted February 23, 2015 Posted February 23, 2015 Forex Analytics USD/JPY: expect further consolidation 23 February 2015 Last week USD/JPY consolidated: the pair was sold on approaches to 119.50 and bought in the 118.20/40 area. The sideways movement of the pair may continue. On the one hand, US dollar breached December-January triangle to the upside which is theoretically a medium term positive signal. Resistance is at 120.82 and 121.84. On the other hand, decline below the breached triangle in the 118.00 area will give the bears power to test 117.30/00. The minutes of the January Fed’s meeting turned out to be more dovish than expected. American data aren’t very sustainable. The Bank of Japan, on the other hand, has improved its assessment of Japanese economy. In the last months of 2014 Japan has finally emerged from recession. Recently Abe’s government has announced a year of reforms. On Monday Japan will release the minutes of the Bank of Japan’s meeting. On Friday don’t miss important statistics from Japan including inflation, retail sales and industrial production. More: http://fxbazooka.com/en/analitycs/show/3761 Quote
riki143 Posted February 23, 2015 Posted February 23, 2015 Forex Analytics GBP/AUD: trade idea 23 February 2015 By: Dima Chernovolov GBP/AUD reverses from support level 1.9600 Next buy target - 2.0000 GBP/AUD earlier reversed down from resistance level 2.0000, intersecting with the upper resistance trendline of the wide daily up channel from September of 2014. The latest downward correction from 2.0000 today reversed up from the support level 1.9600 (former resistance from the start of this month, which also reversed this currency pair last week, as you can see from the daily GBP/AUD chart below). The pair is likely to rise further from the current levels toward the next buy target 2.000 inside the active minor impulse wave 3, which belongs to the 3rd intermediate impulse wave (3) from the middle of November. If the downward correction resumes - GBP/AUD will most likely fall to the nearby support level 1.9400 (intersecting with the 38.2% Fibonacci Correction of the previous impulse 3) – from where the price is expected to reverse up toward 2.0000. More: http://fxbazooka.com/en/analitycs/show/3774 Quote
riki143 Posted February 23, 2015 Posted February 23, 2015 Forex Analytics USD/JPY: target at 120.50 23 February 2015 By Dima Chernovolov • USD/JPY reversed from support zone near 118.50 • Next buy target - 120.50 USD/JPY recently reversed up from the combined support zone lying between the following support levels: support level 118.50 (former resistance level which reversed the price multiple times in the second half of January), the former resistance trendline of the recently broken daily Triangle from December (acting as support now after it was broken earlier) and the 38.2% Fibonacci Correction of the previous upward impulse from the strong support level 116.00 (which reversed the pair with the daily Bullish Engulfing in January and in last December, as you can see below). USD/JPY is expected to continue to rise in the coming trading sessions toward the next buy target 120.50 (which reversed the price strongly on the 12th of February). More: http://fxbazooka.com/en/analitycs/show/3775 Quote
riki143 Posted February 24, 2015 Posted February 24, 2015 Forex Analytics Danske Bank: trade signals for Feb. 24 Open positions:* EUR/USD: Hold SHORT at 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451 USD/JPY: Hold LONG at 118.70, TAKE PROFIT 120.48, STOP LOSS 117.98 USD/CHF: Hold LONG at 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345 AUD/USD: Hold LONG at 0.7775, TAKE PROFIT 0.7907, STOP LOSS 0.7715 USD/CAD: Hold LONG at 1.2475, TAKE PROFIT 1.2800, STOP LOSS 1.2501 EUR/CHF: Hold LONG at 1.0510, TAKE PROFIT 1.1002, STOP LOSS 1.0629 GBP/JPY: Hold LONG at 182.00, TAKE PROFIT 187.30, STOP LOSS 181.45 NZD/USD: Hold LONG at 0.7510, TAKE PROFIT 0.7619, STOP LOSS 0.7450 Trade signals: GBP/USD: BUY at 1.5405, TAKE PROFIT 1.5588, STOP LOSS 1.5328 EUR/JPY: BUY at 134.10, TAKE PROFIT 136.70, STOP LOSS 133.50 EUR/GBP: SELL at 0.7385, TAKE PROFIT 0.7254, STOP LOSS 0.7465 EUR/CAD: Possibly BUY _____________________________________________________ *Traders apply trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/3793 Quote
riki143 Posted February 24, 2015 Posted February 24, 2015 MARKET NEWS Key option levels 24 February 2015 FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT). Here are the key options expiring today: EUR/USD: 1.1285 (EUR 1.3bln), 1.1300 (EUR 1.3bln), 1.1315 (EUR 543m) USD/JPY: 118.00 (USD 428m), 118.50/60 (USD 290m), 119.55 (USD 300m), 119.75 (USD 517m) AUD/USD:0.7800/10 (AUD 325m) More: http://fxbazooka.com/en/news/show/2323 Quote
riki143 Posted February 24, 2015 Posted February 24, 2015 Forex Analytics EUR/GBP: trade idea 24 February 2015 By Dima Chernovolov EUR/GBP reached sell targets 0.7380 and 0.7340 Next sell targets - 0.7300 and 0.7200 EUR/GBP has been falling sharply in the last 2 weeks – reaching the two sell targets that were set in our earlier forecast for this currency pair (0.7380 and 0.7340). The price recently corrected shortly up to test the former support level 0.7430 (acting as resistance now after it was broken by the active minor impulse earlier this month) – from where it reversed down sharply and continues to fall at the time of the writing. The pair is currently approaching the support trendline of the wide weekly down channel from the middle of 2011 (as you can see from the weekly EUR/GBP chart below). If EUR/GBP breaks and closes below this support trendline, the pair can then fall to the next sell targets 0.7300 and 0.7200 (forecast price for the completion of the active impulse 3). More: http://fxbazooka.com/en/analitycs/show/3801 Quote
riki143 Posted February 24, 2015 Posted February 24, 2015 Forex Analytics AUD/USD: next sell target 24 February 2015 by Dima Chernovolov • AUD/USD reversed from resistance zone • Next sell target - 0.7640 AUD/USD yesterday reversed down from the resistance zone lying between the resistance level 0.7860 (which also previously reversed the price at the start of February, as you can see below), the 38.2% Fibonacci Correction of the previous downward impulse from the end of the earlier intermediate correction (4) (which stopped in the middle of January), and the upper daily Bollinger Band. The downward reversal form this resistance zone created the Japanese candlesticks reversal pattern – Dark Cloud Cover. With the daily RSI still trading in the neutral territory, AUD/USD will most likely continue to fall in the nearest time - in line with the strong downtrend visible on the daily charts – toward the next sell target 0.7640 (which reversed the price twice earlier this month). More: http://fxbazooka.com/en/analitycs/show/3802 Quote
riki143 Posted February 24, 2015 Posted February 24, 2015 Forex Analytics Large banks: positioning on EUR/USD 24 February 2015 Danske Bank holds SHORT from 1.1320, TAKE PROFIT 1.100, STOP LOSS 1.1451 (entered on Feb. 24) Bank of America Merill Lynch is ready to SELL from 1.1290, TAKE PROFIT 1.0765, STOP LOSS 1.1451 (entered on Feb. 23) Morgan Stanley holds SHORT from 1.1370, TAKE PROFIT 1.0700, STOP LOSS 1.1470 (entered on Feb. 6) Citi holds SHORT from 1.1368, TAKE PROFIT 1.0000, STOP LOSS 1.1690 (entered on Feb. 6) Credit Suisse holds SHORT from 1.1390, TAKE PROFIT 1.1105, STOP LOSS 1.1505 (entered on Feb. 5) BNP Paribas holds SHORT from 1.1450, TAKE PROFIT 1.0800, STOP LOSS 1.1680 (entered on Feb. 3) Crédit Agricole holds SHORT from 1.1340, TAKE PROFIT 1.0600, STOP LOSS 1.1680 (entered on Feb. 3) JPMorgan holds SHORT from 1.1250, TAKE PROFIT 1.0100, STOP LOSS 1.1700 (entered on Jan. 26) Danske Bank holds from 1.1578, TAKE PROFIT 1.0900, STOP LOSS 1.1940 (entered on Jan. 20) More: http://fxbazooka.com/en/analitycs/show/3803 Quote
riki143 Posted February 25, 2015 Posted February 25, 2015 Forex Analytics Forex trading plan for Feb. 25 EUR/USD is leaning to the downside. Support is at 1.1260 and 1.1200. Greece has revealed the list of reforms. According to the European Commission, this is a valid starting point. However, investors see now that Greek question won’t be solved soon, so upside potential for the euro is limited. The ECB president Mario Draghi will make speak on Wednesday at 16:30 GMT and may comment on monetary policy. GBP/USD remains capped by the 1.5480 resistance (23.6% Fibo). Next resistance lies at 1.5589 and 1.5800, support – at 1.5370. The Bank of England’s Governor Carney said today UK inflation turn negative in the nearest future, but it’s expected to recover quickly. BOE notes stable wage growth. Carney will also speak tomorrow at 10:00 GMT. On Thursday watch the second Q4 GDP estimate (no changes expected). USD/JPY keeps trading sideways. The pair rose above 119.40. This opens the way up to 119.60 and 120.00/25. Support is located at 118.33/27 and buyers should become active in case of decline to this point. Below 118.27 a decline towards 117.30 is possible. Aussie dollar keeps on consolidating above the 0.7700 mark. However, the pair was once again rejected by resistance at 0.7850 on Monday. On Wednesday watch the release of China’s HSBC Flash Manufacturing PMI at 01:45 GMT. More: http://fxbazooka.com/en/analitycs/show/3809 Quote
riki143 Posted February 25, 2015 Posted February 25, 2015 Forex Analytics Danske Bank: trade signals for Feb. 25 Open positions: EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451 GBP/USD: Hold LONG from 1.5405, TAKE PROFIT 1.5588, STOP LOSS 1.5328 USD/CHF: Hold LONG from 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345 AUD/USD: Hold LONG from 0.7775, TAKE PROFIT 0.8033, STOP LOSS 0.7735 EUR/CHF: Hold LONG from 1.0510, TAKE PROFIT 1.1002, STOP LOSS 1.0629 GBP/JPY: Hold LONG from 182.00, TAKE PROFIT 187.30, STOP LOSS 182.50 NZD/USD: Hold SHORT from 0.7490, STOP LOSS 0.7540 Trade signals: EUR/JPY: BUY at 134.17, TAKE PROFIT 135.94, STOP LOSS 133.50 EUR/GBP: SELL at 0.7380, TAKE PROFIT 0.7254, STOP LOSS 0.7435 EUR/CAD: SELL at 1.4230, TAKE PROFIT 1.3805, STOP LOSS 1.4345 USD/CAD: SELL at 1.2545, TAKE PROFIT 1.2353, STOP LOSS 1.2620 USD/JPY: Look to BUY More: http://fxbazooka.com/en/analitycs/show/3814 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics Forex trading plan for Feb. 26 EUR/USD remains mostly flat. The pair’s waiting for fresh catalysts. The ECB’s President Mario Draghi is to speak on Wednesday at 16:30 GMT and may make some comments on monetary policy. On Thursday Germany releases a set of data on unemployment numbers, retail sales figures and Gfk consumer confidence data. The euro area will publish business climate and M3 money supply data. Meanwhile, the ECB releases the targeted LTRO amount at 10:15 GMT. The outlook is neutral/negative. Thepairmaystaystuckinthe1.1440/1.1260 area. On Tuesday USD/JPY formed a long spike up reaching 119.80. Then cane a selloff which brought the pair down to the 100-meriod MA on the H4 chart. Resistance is at 119.60 and 120.00. Support is in the 118.30 area ahead of 117.30. Uncertainty about the timing of the Fed’s rate hike points at sideways trading. There will be no news from Japan until Friday, so pay attention to the US economic figures, especially inflation data due at 12:30 GMT on Thursday. GBP/USD is trading above the previous resistance at 1.5480. The Bank of England’s Martin Weale said that rates may need to rise earlier than markets expect. Although Weale has already said this recently, this time his words encouraged the bulls as the Fed’s comments were, on the contrary, very moderate. The UK will release revised Q4 GDP data at 09:30 GMT. According to the initial estimate, the nation’s economic growth has slowed down to 0.5%. Technically pound is trying to break above the daily Ichimoku Cloud, although it seems that it lacks strength. The close above 1.5520 would be a positive signal. Next resistance is at 1.5580 (100-day MA) and 1.5620 (Dec. 31 high). Support is at 1.5400 and 1.5350. AUD/USD pushed to 0.7900, gaining more than 70 pips on Wednesday. Aussie was supported by upbeat Chinese HSBC PMI that has finally overcome the 50 points waterline. The pair recovered above 38.2% Fibonacci from the late-January decline, confirming a local bottom at 0.7630. Next resistance to watch lies at 0.7960 and 0.8000. Focus on the Australian capital expenditure data on Thursday (-1.7% expected versus 0.2% prior) - they could spoil the bullish picture. All the other market drivers this week will refer to the US dollar. USD/CAD extends the decline for a second day in a row, testing the 1.2400 support on Wednesday. Next support to watch lies at 1.2350. Canada (alongside with the United States) will release inflation data on Thursday. More: http://fxbazooka.com/en/analitycs/show/3830 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics Danske Bank: trade signals for Feb. 26 Open positions: EUR/USD: Hold SHORT from 1.1320, TAKE PROFIT 1.1000, STOP LOSS 1.1451 GBP/USD: Hold LONG from 1.5405, TAKE PROFIT 1.5621, STOP LOSS 1.5395 USD/CHF: Hold LONG from 0.8755, TAKE PROFIT 0.9602, STOP LOSS 0.9345 AUD/USD: Hold LONG from 0.7775, TAKE PROFIT 0.8033, STOP LOSS 0.7790 EUR/CHF: Hold LONG from 1.0510, TAKE PROFIT 1.1002, STOP LOSS 1.0629 GBP/JPY: Hold LONG from 182.00, TAKE PROFIT 187.30, STOP LOSS 183.40 Trade ideas: EUR/JPY: BUY at 134.85, TAKE PROFIT 136.70, STOP LOSS 133.90 USD/CAD: BUY at 1.2355, TAKE PROFIT 1.2697, STOP LOSS 1.2294 EUR/GBP: SELL at 0.7355, TAKE PROFIT 0.7254, STOP LOSS 0.7405 EUR/CAD: SELL at 1.4230, TAKE PROFIT 1.3805, STOP LOSS 1.4345 NZD/USD: BUY at 0.7510, TAKE PROFIT 0.7690, STOP LOSS 0.7460 USD/JPY: BUY lower __________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/3833 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics CAD/JPY: buy opportunity 26 February 2015 • CAD/JPY reached buy target 96.00 • Next buy targets - 98.00 and 99.00 CAD/JPY recently reversed down after the price reached the resistance level 96.00, which was set as the buy target in our previous forecast for this instrument. The downward reversal from this resistance level completed the preceding intermediate impulse (1) from the end of January and started the latest intermediate correction (2). This downward correction then stopped near the 50% Fibonacci Retracement level of the aforementioned impulse (1) (as you can see from the daily CAD/JPY chart below). The pair is currently approaching the resistance level 96.00. If CAD/JPY breaks the resistance level 96.00, the price can then rise in the active intermediate impulse (3) (belonging to the primary Ⓒ-wave from last month) to the next buy targets – 98.00 and 99.00 (forecast price for the termination of impulse (3)). More: http://fxbazooka.com/en/analitycs/show/3841 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics AUD/USD: bulls keep pressuring 26 February 2015 By Tatiana Norkina, FBS analyst The bulls have managed to steal the initiative. Despite the break through the four-hour Ichimoku cloud lower border, the currency pair has failed to consolidate in the negative zone. The bulls counterattack has ended up in an upward break through the cloud and, apparently, they are aiming to fix above the 78th figure. They will be supported by the cloud upper border and the Tenkan and Kijun lines. Oscillators have also turned upwards, indicating bullish sentiment of the market participants. Technical levels: support – 0.7830; resistance – 0.7930. Trade recommendations: 1. Buy — 0.7830; SL — 0.7810; TP1 — 0.7900; TP2 — 0.7930. More: http://fxbazooka.com/en/analitycs/show/3836 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics USD/JPY: bulls having hard time By Tatiana Norkina, FBS analyst A couple of days ago, the bulls managed to break out of the cloud zone into the positive area. However, the resistance in the 119.40-119.60 area has killed their enthusiasm pretty quickly. Unsuccessful breakthrough made prices go back to the Ichimoku support level - 118.60. At the moment, the situation is uncertain. On the one hand, the Golden Cross is active and the cloud is bullish. But the prices failure to consolidate above the Tenkan and Kijun lines speaks of the buyers weakness. We do not rule out a possibility of the dollar weakening against the yen. Technical levels: support – 118.60; resistance – 119.00, 119.40. Trade recommendations: 1. Sell— 118.50; SL — 118.70; TP1 — 117.80; TP2 — 117.50. More: http://fxbazooka.com/en/analitycs/show/3837 Quote
riki143 Posted February 26, 2015 Posted February 26, 2015 Forex Analytics EUR/AUD: trade idea 26 February 2015 By Dima Chernovolov EUR/AUD reaches sell target 1.4400 Next sell target - 1.4200 EUR/AUD recently reached the sell target 1.4400, which was set in our previous report for this currency pair. The price earlier reversed down twice from the strong resistance zone set between the following resistance levels – the former support trendline of the daily up channel from September (acting as resistance now after it was broken in January), the 61.8% Fibonacci Correction of the previous sharp intermediate impulse (1) from December, resistance level 1.4900 and the upper daily Bollinger Band. Two reversals from the aforementioned resistance zone marked the end of previous waves A and (2). EUR/AUD is currently trading close to the support level 1.4400. If the price breaks this support, EUR/AUD can then fall in the active impulse (3) to the next sell target 1.4200. More: http://fxbazooka.com/en/analitycs/show/3840 Quote
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