riki143 Posted September 16, 2015 Posted September 16, 2015 Forex Analytics Danske Bank: trade signals for September 16 Open positions:* EUR/USD: Hold SHORT at 1.1315, TAKE PROFIT 1.1087, STOP LOSS 1.1402 GBP/USD: Hold LONG at 1.5340, TAKE PROFIT 1.5563, STOP AT 1.5280 AUD/USD: Hold LONG at 0.7100, TAKE PROFIT 0.7250, STOP AT 0.7030 USD/CAD: Hold LONG at 1.3185, TAKE PROFIT 1.3467 (revised), STOP AT 1.3100 NZD/USD: Hold SHORT at 0.6335, TAKE PROFIT 0.6130, STOP LOSS 0.6485 EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1186, STOP AT 1.0869 EUR/CAD: Hold LONG at 1.4890, TAKE PROFIT 1.5192, STOP LOSS 1.4740 Trade ideas: EUR/JPY: BUY at 134.80, TAKE PROFIT 139.17, STOP LOSS 134.05 USD/CHF: BUY at 0.9710, TAKE PROFIT 0.9861, STOP LOSS 0.9660 EUR/GBP: BUY at 0.7340, TAKE PROFIT 0.7525, STOP LOSS 0.7285 GBP/JPY: BUY at 184.45, TAKE PROFIT 187.64, STOP LOSS 182.42 USD/JPY: Possibly BUY ____________________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6446 Quote
riki143 Posted September 17, 2015 Posted September 17, 2015 Forex Analytics Trading plan for September 17 Kira Iukhtenko Bearish pressure on the US Dollar increased after the US inflation figures confirmed price growth slowdown. As a result, market doubts about a potential rate hike on tomorrow’s meeting declined. Fed’s decision will be announced on September 17 at 18:00 GMT, while the Yellen’s press conference will follow at 18:30 GMT. US currency is expected to stay under pressure ahead of the announcement. EUR/USD jumped above 1.1300, breaking above the local trend line. The market will be dominated by the Fed’s expectations until tomorrow. Euro zone’s economic calendar is plain. Next barrier for the pair lies at 1.1370. GBP/USD has also profited the US Dollar weakness, jumping to 1.5450. Pound was also supported by the better-than-expected UK employment data. Watch the UK retail sales tomorrow (forecasts are benign). Cable has more potential for growth tomorrow. Resistance – 1.5560 and 1.5700. AUD/USD pushed higher, moving towards the 0.7200/0.7250 resistance area. We expect a pullback from here. The Fed will clearly cause a volatility surge, but the RBA Governor Stevens will step in with his speech early on Friday. He is unlikely to let the Aussie strengthen solidly. There are more releases to watch on Thursday morning- New Zealand GDP, BOJ Kuroda speech and the SNB meeting. Fasten your seatbelts – market is going easy-moved tomorrow! More: http://fxbazooka.com/en/analitycs/show/6452 Quote
riki143 Posted September 18, 2015 Posted September 18, 2015 Forex Analytics USD/CHF: sell target - 0.9500 18 September 2015 By: Dmitriy Chernovolov -USD/CHF reversed from resistance level 0.9800 -Next sell target - 0.9500 USD/CHF recently reversed down from the resistance level 0.9800 - which is the lower boundary of the strong resistance zone lying between the resistance levels 0.9800 and 1.0100. This resistance zone earlier reversed waves (A), B, ② and most recently wave (2), as you can see from the daily USD/CHF chart below). The price is currently falling inside the 3rd intermediate impulse wave (3) – which belongs to the primary downward impulse wave ③ from August. USD/CHF is likely to fall further toward the next sell target at the support level 0.9500. Sell stop-loss can be placed above aforementioned resistance level 0.9800. More: http://fxbazooka.com/en/analitycs/show/6470 Quote
riki143 Posted September 18, 2015 Posted September 18, 2015 Forex Analytics AUD/CAD: buy target - 0.9550 18 September 2015 By: Dmitriy Chernovolov -AUD/CAD broke resistance zone -Next buy target - 0.9550 AUD/CAD continues to rise after recently breaking above the strong resistance zone lying between the resistance levels 0.9440 and 0.9400. This is the former strong support zone which has been reversing the price numerous times from the middle of April (as you can see from the daily AUD/CAD chart below). After breaking this resistance zone – AUD/CAD corrected down twice to this price area (acting as support now after it was broken). AUD/CAD is likely to rise further in the active minor corrective wave 2 (which belongs to the intermediate impulse wave (3) from the start of August) toward the next buy target at the resistance level 0.9550. More: http://fxbazooka.com/en/analitycs/show/6468 Quote
riki143 Posted September 20, 2015 Posted September 20, 2015 Forex Analytics US Dollar: forecast for September 21-27 Kira Iukhtenko Market sentiment towards the US Dollar worsened significantly following the FOMC decision to leave rates unchanged on Thursday. The Fed’s policy statement turned out to be more dovish than expected, referring to the increased global risks and low inflation in the US. As a result, the Fed paved ground for a weaker US Dollar in the coming days and weeks. However, in the longer term we remain bullish for the US currency. On the new week, we will be watching a bunch of the US data releases. Pay attention to the durable goods orders on Thursday. On Friday we will get the final US Q2 GDP and hear the Fed’s chief Yellen speaking. More: http://fxbazooka.com/en/analitycs/show/6472 Quote
riki143 Posted September 20, 2015 Posted September 20, 2015 Forex Analytics USD/JPY: forecast for September 21-27 By Elizabeth Belugina US dollar declined versus Japanese yen as the Federal Reserve refrained from raising interest rate and gave a dovish statement to the market. USD/JPY slid to 119.00. In our view, US dollar will be a subject of the negative pressure in the short and medium term. USD/JPY has been consolidating within a triangle, and the lower border of this pattern will be vulnerable. The pair will have good support in the 118.50 area (55-weak MA), but there is technical space for correction to 116.50/00 (top of the weekly Ichimoku Cloud, uptrend support line since 2012). Resistance is at 121.00 and 121.70. Another factor that may add to the yen’s strength is the market’s risk aversion. The risk sentiment will turn negative if Chinese data once again disappoint. This is why pay attention to Chinese Caixin flash manufacturing PMI due on Wednesday. In the longer term, however, dollar’s decline should be limited by the expectations of additional monetary stimulus from the Bank of Japan. Japanese central bank has discarded the idea of further quantitative easing at its September meeting. However, the lack of action from the Fed and the decline in USD/JPY should allow the Bank of Japan to ease policy – a step needed so that Japan could reach 2% inflation target. Note than the volume of liquidity in Asia on Monday-Wednesday will be lower as Japanese banks will be on holidays. The only important release in Japan will be inflation report on Friday. More: http://fxbazooka.com/en/analitycs/show/6475 Quote
riki143 Posted September 20, 2015 Posted September 20, 2015 Forex Analytics EUR/USD: forecast for September 21-27 By Elizabeth Belugina EUR/USD found support at 1.1215 and energetically rebounded to the levels above 1.1400. The weakness of the US dollar as the Federal Reserve has left policy unchanged provides the euro with potential to strengthen to 1.1585 (55-week MA) and 1.1700 (August high). At the same time, the pair ran into the weekly Ichimoku Cloud. The single currency has to overcome resistance at 1.1467 (May 15 high) so that the bulls could continue pushing it higher. Support levels are at 1.1280, 1.1215, 1.1150 and 1.1100. Next week for the euro will start with Greek election. The latest opinion polls give no clear winner with Syriza and New Democracy having almost the same support, so there will likely be a coalition government. It is important which party gets more votes, as it will be the one to form a coalition. A coalition led by New Democracy with two smaller parties, which supported the recent bailout, will be the most positive outcome for the euro. The bad scenario will be if Syriza forms coalition government without support of the River and Pasok. In this case, the implementation of bailout will be more complicated. In the worst case, the vote distribution will be so fragmented that 4 parties will have to form coalition or if Syriza will have to turn to anti-bailout parties which want Greece to leave the euro area. All in all, we expect the risks associated with election in Greece to be rather moderate. Note that the European Central Bank’s president Mario Draghi will speak on Wednesday. It’s clear that the ECB won’t welcome expensive euro, so he may try to talk the European currency down. Also on Wednesday the euro area will release flash manufacturing and services PMI indices. On Thursday the ECB will offer commercial banks cheap loans within its next targeted long-term refinancing operation (TLTRO), though according to the forecasts, bank's demand for iquidity will be low. More: http://fxbazooka.com/en/analitycs/show/6474 Quote
riki143 Posted September 20, 2015 Posted September 20, 2015 Forex Analytics GBP/USD: forecast for September 21-27 Kira Iukhtenko British pound extended the upside on the past week. Inflation slipped back to 0% in August, but the currency got support from the upbeat employment and retail sales figures. The market still expects the Bank of England to hike interest rates at the beginning of the year 2016. GBP/USD added more than 200 pips over the past week, drawing a second long bullish candle on the weekly chart. The medium-term picture remains positive for the buyers. Break above 1.5700 will open the way to 1.5810 (August high) and 1.5860 (50% Fibo). Key support is now seen at 1.5450 (former resistance). UK economic calendar for the new week is rather light with the only event on the schedule - Public Sector Net Borrowing on Tuesday. More: http://fxbazooka.com/en/analitycs/show/6473 Quote
riki143 Posted September 21, 2015 Posted September 21, 2015 Forex Analytics EUR/USD: weekly wave analysis 20 September 2015 Daily. The market keeps moving within corrective (4), which is taking form of a double triple. When this wave is over, the pair’s decline will continue in impulse (5). H4. Here is the detailed layout of the last section. At the new week we expect the price to rise within another zigzag (y). More: http://fxbazooka.com/en/analitycs/show/6482 Quote
riki143 Posted September 21, 2015 Posted September 21, 2015 Forex Analytics GBP/USD: weekly wave analysis 20 September 2015 Daily. After British pound had completed the complex triple , we saw the beginning of the new downtrend. The pair has formed impulse (1) and correction to it (2). This week we expect the bearish trend to resume. H4. Zigzag (2) looks complete. That is why the possibility of the downward movement within impulse (3) is high. More: http://fxbazooka.com/en/analitycs/show/6483 Quote
riki143 Posted September 21, 2015 Posted September 21, 2015 Forex Analytics USD/JPY: weekly wave analysis 20 September 2015 Roman Petuchov Weekly. The price keeps on growing in a long-term bullish impulse. Correction (IV) is now being formed. Growth will continue afterwards. Let's review the markup in details. H4. Bearish impulse C is the final part of the wave flat (IV). Fourth wave of this impulse will be accomplished this week. It will become a triangle. Decline will continue afterwards. More: http://fxbazooka.com/en/analitycs/show/6484 Quote
riki143 Posted September 21, 2015 Posted September 21, 2015 Forex Analytics Danske Bank: trade signals for September 21 Open positions:* GBP/USD: Hold LONG at 1.5585, TAKE PROFIT 1.5819, STOP LOSS 1.5470 EUR/JPY: Hold LONG at 136.10, TAKE PROFIT 140.03, STOP LOSS 134.98 EUR/GBP: Hold LONG at 0.7303, TAKE PROFIT 0.7483, STOP LOSS 0.7213 EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1186, STOP LOSS 1.0869 AUD/USD: Hold LONG at 0.7100, TAKE PROFIT 0.7373, STOP LOSS 0.7095 GBP/JPY: Hold LONG at 184.45, TAKE PROFIT 191.64, STOP LOSS 184.20 Trade ideas: USD/JPY: BUY at 119.53, TAKE PROFIT 120.99, STOP LOSS 118.98 EUR/CAD: SELL at 1.4970, TAKE PROFIT 1.4598, STOP LOSS 1.5090 EUR/USD: Possibly SELL USD/CHF: Possibly BUY USD/CAD: Possibly SELL NZD/USD: Possibly BUY ___________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6490 Quote
riki143 Posted September 22, 2015 Posted September 22, 2015 Forex Analytics Forex trading plan for September 22 By Elizabeth Belugina The Federal Reserve’s meeting came and went, but investors remain undecided about the global currency picture. On the one hand, the Fed delayed a rate hike. On the other hand, traders look at the other central banks for hints on whether they will ease monetary policy further. EUR/USD was rejected down by resistance in the 1.1460 area on Friday on comments by ECB Executive Board member Benoit Coeure that monetary policy is on diverging paths in the euro zone and the United States. The expectations of additional easing by the European Central Bank are also hurting the single currency. The euro may remain under pressure until the ECB’s president Mario Draghi speaks on Wednesday. The Fed officials, on the other hand gave some hawkish remarks. EUR/USD slid to 1.1250 on Monday. Support is at 1.1215, 1.1170 and 1.1100. Resistance is at 1.1280, 1.1355 and 1.1460. As for the Greek parliamentary election result, all in all, it supported the euro. Alexis Tsipras has strengthened his mandate as his leftwing party called Syriza got reelected and will form government together with former allies Independent Greeks. It is now widely expected that Tsipras will have enough power to continue implementing reforms on which he agreed with international creditors and ensure that Greece will get bailout money in full volume. Still, monetary policy will likely be the more important driver of the euro in the coming sessions. GBP/USD met resistance at 1.1658 on Friday as the Bank of England’s chief economist Andy Haldane said the bank’s next move may be to cut rates, rather than raise them. Now that the Fed has sounded more dovish, traders expect cautiousness from the BoE as well. The pair is supported by 1.5515 (55-day MA) and 1.5425 (August 7 low). Resistance is at 1.5560 and 1.5660. UK will release public sector net borrowing data at 08:30 GMT. USD/JPY so far managed to stay above 119.00. Japanese banks will remain closed on holidays on Tuesday, so beware of volatile moves. Resistance is 120.80/121.00 and 121.70. Support is at 119.50 and 119.00. The pair is influenced by the demand on the yen as a safe haven on the one hand, and higher US Treasury yields, on the other hand. So trading may remain range bound. AUD/USD made two unsuccessful attempts to overcome the 55-day MA (0.7260) last week. Comments of the Reserve Bank of Australia’s Governor Stevens were bearish on Friday were bearish for Aussie. Support is at 0.7100 and 0.7030. Resistance is at 0.7200, 0.7260 and 0.7340. Aussie will be looking for further direction from the Fed’s officials’ comments and Chinese manufacturing PMI index on Wednesday. More: http://fxbazooka.com/en/analitycs/show/6495 Quote
riki143 Posted September 22, 2015 Posted September 22, 2015 Forex Analytics EUR/GBP: sell target - 0.7150 22 September 2015 By: Dmitriy Chernovolov -EUR/GBP falls inside intermediate ©-wave -Next sell target - 0.7150 EUR/GBP recently reversed down strongly - after making a few unsuccessful attempts to break above the resistance level 0.7350 (which is the lower border of the powerful resistance area which has been reversing the price multiple times from March, as you can see from the daily EUR/GBP chart below). The upper boundary of this resistance area stands at 0.7400. The latest downward reversal from 0.7350 started the active impulse wave 3- which belongs to the intermediate ©-wave from August. EUR/GBP is likely to fall further in the active waves 3 and © toward the next sell target at the 0.7150. Strong resistance remains at 0.7350. More: http://fxbazooka.com/en/analitycs/show/6503 Quote
riki143 Posted September 22, 2015 Posted September 22, 2015 Forex Analytics EUR/USD: sell targets - 1.1100 and 1.1000 22 September 2015 By: Dmitriy Chernovolov -EUR/USD reversed from resistance level 1.1400 -Next sell targets - 1.1100 and 1.1000 EUR/USD continues to fall after the recent downward reversal from the resistance level 1.1400 (which is the lower boundary of the strong resistance zone which has been reversing the price from the middle of May, as you can see below). The latest downward reversal from the resistance level 1.1400 created the daily Japanese candlesticks reversal pattern Dark Cloud Cover – marking the end of the previous intermediate ABC correction (2) from the start of September. EUR/USD is likely to fall further in the active impulse wave (3) toward the next sell targets at the support levels 1.1100 and 1.1000. Strong resistance remains at 1.1400. More: http://fxbazooka.com/en/analitycs/show/6502 Quote
riki143 Posted September 22, 2015 Posted September 22, 2015 Forex Analytics Danske Bank: trade signals for September 22 Open positions:* USD/CHF: Hold LONG at 0.9690, TAKE PROFIT 0.9861, STOP LOSS 0.9640 AUD/USD: Hold LONG at 0.7100, TAKE PROFIT 0.7373, STOP LOSS 0.7095 EUR/CAD: Hold SHORT at 1.4970, TAKE PROFIT 1.4598, STOP LOSS 1.5090 GBP/JPY: Hold LONG at 184.45, TAKE PROFIT 191.64, STOP LOSS 184.20 Trade ideas: EUR/USD: SELL at 1.1229, TAKE PROFIT 1.1087, STOP LOSS 1.1280 USD/JPY: BUY at 119.80, TAKE PROFIT 121.75, STOP LOSS 118.95 EUR/CHF: SELL AT 1.0910, TAKE PROFIT 1.0733, STOP LOSS 1.0965 NZD/USD: SELL AT 0.6350, TAKE PROFIT 0.6130, STOP LOSS 0.6462 EUR/JPY: Possibly BUY USD/CAD: Possibly BUY EUR/GBP: Possibly SELL _____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6501 Quote
riki143 Posted September 23, 2015 Posted September 23, 2015 Forex Analytics Euro losing ground 23 September 2015 Tataiana Norkina, FBS analyst The major currency pair on Forex continued its decline yesterday. The European currency began sharply giving ground since the very morning, after the Tenkan and Kijun lines had formed a dead cross on the four-hour timeframe. We should also note the cloud's lines reversal - Senkou Span A and B that are still supporting the bearish character of the Ichimoku cloud. Today's trading opened with local lows update as well. The pair tested the 11th figure. A powerful support has been formed here, and the rate can bounce up off it, to the 1.1160 area. Let us also mind the pair's oversoldness. Technical levels: support – 1.1100; resistance – 1.1160. Trade recommendations: 1. Sell — 1.1160; SL — 1.1180; TP1 — 1.1100; TP2 — 1.1030. More: http://fxbazooka.com/en/analitycs/show/6511 Quote
riki143 Posted September 25, 2015 Posted September 25, 2015 Forex Analytics GBP/CHF: buy target - 1.5100 25 September 2015 By: Dmitriy Chernovolov -GBP/CHF reversed from support area -Next buy target - 1.5100 GBP/CHF recently reversed up strongly from the support area lying between the support level 1.4900 (former upper boundary of the sideways price range, acting as support now – after it was broken previously), the support trendline of the daily up channel from May and the 38.2% Fibonacci correction of the previous sharp upward impulse from the end of August. The upward reversal from this support zone created the daily Japanese candlestick reversal pattern Hammer. GBP/CHF is likely to rise further in the active impulse wave 3 (which belongs to the intermediate impulse (3) from August) toward the next buy target at the resistance level 1.5100 (which stopped the previous minor impulse wave (i)). More: http://fxbazooka.com/en/analitycs/show/6536 Quote
riki143 Posted September 28, 2015 Posted September 28, 2015 Forex Analytics EUR/USD: forecast for Sep 28-Oct 4 By Elizabeth Belugina EUR/USD found support in the 1.1100/15 area. However, we do not see potential for any sizeable increase in the single currency: it seems that what we are seeing is nothing more than consolidation. On the upside, resistance is at 1.1300/25 and 1.1400. The euro area will release a bunch of economic data this week. The region’s September inflation figures due on Wednesday will likely confirm the expectations of more easing from the European Central Bank limiting the euro’s potential to strengthen. Moreover, there will be many speeches from the US Federal Reserve’s officials: last week the representatives of American central bank did their best to show the market that the 2015 rate hike is still on the table. This week we may hear more of such talk. In addition, traders will surely focus on the release of US non-farm payrolls on Friday – the forecast is also positive for the greenback. Risk aversion may still provide the euro with some support. Pay attention to Chinese manufacturing PMI on Thursday: investors are still extremely worried about China’s economic growth slowdown. This week our strategy is to sell EUR/USD in the 1.1300/1.1400 area. H4 EUR/USD More: http://fxbazooka.com/en/analitycs/show/6558 Quote
riki143 Posted September 28, 2015 Posted September 28, 2015 Forex Analytics USD/JPY: forecast for Sep 28-Oct 4 By Elizabeth Belugina Hawkish comments from the Federal Reserve support US dollar kept USD/JPY above 119.00. At the same time, the market’s poor risk sentiment and moderate comments from the Bank of Japan didn’t let the pair to settle above 121.00. So far, the BOJ Governor Kuroda gave no hints that the central bank will ease policy soon. The odds are that this sideways trend will continue this week. Market participants await new information and don’t want to initiate big new moves. Traders will await Chinese PMI figures on Thursday and the release of US non-farm payrolls on Friday. The main events of Japanese economic calendar are the release of retail sales data on Tuesday and manufacturing and services PMIs on Wednesday. The bulls need a clear break above 121.35 to move to 122.50. Support is at 118.50 ahead of strong support in the 116.60/00 area. USD/JPY Daily More: http://fxbazooka.com/en/analitycs/show/6559 Quote
riki143 Posted September 29, 2015 Posted September 29, 2015 Forex Analytics US Dollar: forecast for Sept 28-Oct 4 By Kira Iukhtenko Hawkish comments of the Fed’s chief Janet Yellen pushed the US Dollar higher on the past week. USD index strengthened above 96 points on the increased expectations of the Fed’s hike in 2015. Fix above 100 points will open the way for a new rally. On the new week, labor market data on Friday will be in focus. US economy is expected to have added 202K new jobs in September. In August, NFP came at just 173K. Strong figures will increase expectations for a hike in October. Meanwhile, downbeat readings will pull the USD down, creating new opportunities for buying on dips. What’s more, we’ll hear a number of FOMC members speaking this week. You should also watch the manufacturing PMI on Thursday. More: http://fxbazooka.com/en/analitycs/show/6561 Quote
riki143 Posted September 29, 2015 Posted September 29, 2015 Forex Analytics GBP/USD: forecast for Sep 28-Oct 4 By Kira Iukhtenko GBP/USD remains under selling pressure and formed a “bearish engulfing” candle. However, be the end of the week the pair found support at 1.5160. We don’t recommend selling the pair before it fixes below this mark. Next support is seen at 1.5050 (trend line). The pair is expected to reverse from this level. Pay attention to the “inverted hammer” candle on the monthly chart. It signals the forthcoming end of the bearish trend. As for the economic calendar, pay attention to the BOE Carney’s speech on Tuesday, final Q2 GDP on Wednesday and PMI indices later in the week. More: http://fxbazooka.com/en/analitycs/show/6562 Quote
riki143 Posted September 30, 2015 Posted September 30, 2015 Forex Analytics Forex trading plan for September 30 By Elizabeth Belugina [VIDEO] [/VIDEO] The market’s risk sentiment remain unstable and will more likely swing to the negative than to the positive side. Traders continue trying to guess when and how fast the Federal Reserve will be raising interest rate. The speeches of the Fed’s officials at the beginning of the week were mixed and didn’t clarify the picture. Traders will watch American ADP employment report at 12:15 GMT on Wednesday. If the figures disappoint, US dollar will suffer versus the safe-haven yen, franc and even euro. A good reading will raise hopes of good American labor market release on Friday (Nonfarm payrolls or NFP) and support the greenback. EUR/USD came under bearish pressure as data showed that German and Spanish consumer prices fell more than forecast in September. Low inflation increases the chance that that the European Central Bank will have to do more quantitative easing. On Wednesday, watch inflation data (CPI) for the whole euro area at 09:00 GMT: lower reading here will further strengthen ECB easing expectations and make the euro decline. Support is at 1.1170 and 1.1100 ahead of 1.1015. Resistance is at 1.1280, 1.1300, 1.1325 and 1.1360. GBP/USD is trying to stay above September low at 1.5134, but the selling interest seems high on the way up to 1.5250. Support is at 1.5088 and 1.5000. The Bank of England’s Governor Mark Carney will speak on Tuesday at 19:40 GMT: we’ll see how this speech will affect the expectations of the BOE rate hike at the beginning of the next year. On Wednesday, at 08:30 GMT, the UK will release current account and final Q2 GDP figures. USD/JPY tested 119.25 on Tuesday briefly breaking below the lower triangle line and then returned to the middle of its 5-week range around 120.00. We still expect range trading in the coming sessions, so beware of false breaks. On the downside, further support is at 119.00 and 118.50. On the upside, resistance is found at 120.60 and 121.00. AUD/USD spiked down to 0.6936, but then recoiled up from this level for a second time (double bottom?) and returned close to 0.7000. Although the general downtrend is still in place, Aussie is oversold and may recover to 0.7040/50. Further resistance is at 0.707o and 0.7100. The next support is at 0.6900. Still, AUD is qualified as a riskier asset, so demand for it will be limited. Australia will release statistics on building approvals at 01:30 GMT on Wednesday. The forecast is negative. More: http://fxbazooka.com/en/analitycs/show/6579 Quote
riki143 Posted September 30, 2015 Posted September 30, 2015 Forex Analytics Danske Bank: trade signals for Sept 30 Open positions:* EUR/USD: Hold SHORT at 1.1269, TAKE PROFIT 1.1017, STOP LOSS 1.1333 USD/JPY: Hold LONG at 119.80, TAKE PROFIT 123.13 (revised), STOP LOSS 118.95 GBP/USD: Hold SHORT at 1.5275, TAKE PROFIT 1.4973, STOP LOSS 1.5265 USD/CHF: Hold LONG at 0.9690, TAKE PROFIT 1.0129 (revised), STOP LOSS 0.9665 AUD/USD: Hold SHORT at 0.6981, TAKE PROFIT 0.6771, STOP LOSS 0.7053 USD/CAD: Hold LONG at 1.3250, TAKE PROFIT 1.3501, STOP LOSS 1.3280 EUR/JPY: Hold SHORT at 134.85, TAKE PROFIT 131.30, STOP LOSS 135.45 EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1104, STOP LOSS 1.0823 EUR/CAD: Hold LONG at 1.5000, TAKE PROFIT 1.5442, STOP LOSS 1.4870 GBP/JPY: Hold SHORT at 182.00, TAKE PROFIT 179.32, STOP LOSS 183.43 Trade ideas: EUR/GBP: BUY at 0.7375, TAKE PROFIT 0.7483, STOP LOSS 0.7300 NZD/USD: SELL at 0.6420, TAKE PROFIT 0.6130, STOP LOSS 0.6485 ____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6586 Quote
riki143 Posted September 30, 2015 Posted September 30, 2015 Forex Analytics GBP/USD: sell targets - 1.5100 and 1.5000 30 September 2015 By: Dmitriy Chernovolov GBP/USD broke pivotal support level 1.5200 Next sell targets - 1.5100 and 1.5000 GBP/USD continues to decline after the recent breakout of the pivotal support level 1.5200 (which reversed earlier waves ( and 1 in June and September, as you can see below). The breakout of this support level coincided with the breakout of the 50% Fibonacci Correction of the previous primary ABC correction ② from the middle of April. These two support breakouts accelerated the active impulse waves 3 and (3) - which are a part of the primary downward impulse wave ③ from June. GBP/USD is expected to fall further inside the active impulse waves 3 and (3) toward the next sell targets 1.5100 and 1.5000. Sell stop-loss can be placed above the resistance level 1.5200. More: http://fxbazooka.com/en/analitycs/show/6587 Quote
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