Friday, March 11, 2016

USD/JPY: technical analysis 2016-03-11 11:43 (GMT+2)

USD/JPY: technical analysis 2016-03-11 11:43 (GMT+2)

 USD/JPY: technical analysis 2016-03-11 11:43 (GMT+2) USD/JPY, D1 On the
daily chart, the pair is growing towards the upper MA of Bollinger
Bands. The price remains below the EMA130 and EMA65 that are directed
down. The RSI is growing along its trendline. The Composite failed its
longer MA and is about to retest its end

USD/TRY: downward dynamics continues 2016-03-11 10:03 (GMT+2)

USD/TRY: downward dynamics continues 2016-03-11 10:03 (GMT+2)

 USD/TRY: downward dynamics continues 2016-03-11 10:03 (GMT+2) Current
trend On Thursday, the USD/TRY pair was trading mixed and reached its
new local low since 7 December 2015. The US currency was under quite
strong pressure from ECB meeting results and statements made by ECB
President Mario Draghi during his press-conference. The central bank
decided to

GBP/USD: pair is growing 2016-03-11 09:47 (GMT+2)

GBP/USD: pair is growing 2016-03-11 09:47 (GMT+2)

 GBP/USD: pair is growing 2016-03-11 09:47 (GMT+2) Current trend
Yesterday the pair significantly strengthened amid a fall in the US
Dollar against the majority of other currencies. The American currency
came under pressure after the ECB Interest Rate Decision that caused a
high volatility on the market. Head of the regulator Mario Draghi
announced a

Thursday, March 10, 2016

AUD/USD: wave analysis 2016-03-11 09:18 (GMT+2)

AUD/USD: wave analysis 2016-03-11 09:18 (GMT+2)

 AUD/USD: wave analysis 2016-03-11 09:18 (GMT+2) An upward trend is
strong. Assumingly, an upward impulse in the third wave iii continues
forming, within which the third wave of the junior level (iii) of iii
seems to have finished and a local correction in the fourth wave (iv) is
developing. If the assumption is correct, the

USD/CHF: wave analysis 2016-03-11 09:18 (GMT+2)

USD/CHF: wave analysis 2016-03-11 09:18 (GMT+2)

 USD/CHF: wave analysis 2016-03-11 09:18 (GMT+2) A fall possibility
remains. Assumingly, a downward impulse in the third wave iii of C
continues forming. At present, an upward correction in the second wave
of the junior level (ii) of iii seems to have finished and a starting
impulse of the junior level i of (iii) has

EUR/JPY: Ichimoku clouds 2016-03-11 06:50 (GMT+2)

EUR/JPY: Ichimoku clouds 2016-03-11 06:50 (GMT+2)

 EUR/JPY: Ichimoku clouds 2016-03-11 06:50 (GMT+2) Let’s look at the
four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is
directed upwards, while the blue one remains horizontal. Confirmative
line Chikou Span is above the price chart, current cloud is ascending.
The instrument is trading above Tenkan-sen and Kijun-sen lines; the
Bullish trend is

Wednesday, March 9, 2016

XAU/USD: price near local highs 2016-03-09 11:01 (GMT+2)

XAU/USD: price near local highs 2016-03-09 11:01 (GMT+2)

XAU/USD: price near local highs 2016-03-09 11:01 (GMT+2) Current trend
On Tuesday, the XAU/USD pair was trading mixed. The price of gold is
getting moderate support from weakness of the US Dollar and concerns
about global economic conditions. In particular, markets reacted very
negatively to poor macroeconomic data, released in China. Expectations
of ECB meeting,

EUR/USD: Euro remains under pressure 2016-03-09 10:44 (GMT+2)

EUR/USD: Euro remains under pressure 2016-03-09 10:44 (GMT+2)

Current trend Yesterday the pair showed a choppy trade and slightly fell
on the day. The Euro was supported by strong macroeconomic statistics
form the eurozone. Industrial Production in Germany in January grew by
2.2% while economists forecasted a fall by 1.6%. In addition, the GDP
for the fourth quarter of 2015 in the eurozone

FDAX: negative dynamics 2016-03-09 10:42 (GMT+2)

FDAX: negative dynamics 2016-03-09 10:42 (GMT+2)

 FDAX: negative dynamics 2016-03-09 10:42 (GMT+2) Current trend On
Tuesday, DAX Future fell as market participants fear global economic
slowdown. In particular, stock markets reacted very negatively to poor
macroeconomic data, released in China. In February, the country’s
exports fell by 25.4%, while analysts expected just a 12.5% decline.
Imports were down by 13.8% against

USD/CAD: wave analysis 2016-03-09 10:18 (GMT+2)

USD/CAD: wave analysis 2016-03-09 10:18 (GMT+2)

 USD/CAD: wave analysis 2016-03-09 10:18 (GMT+2) A growth is expected.
Assumingly, a zigzag in the first wave W within the fourth wave (4) of a
large Bearish correction has formed. Locally, a small starting impulse
seems to have formed and if the assumption is correct, the pair
continues growing towards the levels of 1.3950, 1.4130.