Friday, March 11, 2016

GBP/JPY: Fibonacci analysis 2016-03-11 13:47 (GMT+2)

GBP/JPY: Fibonacci analysis 2016-03-11 13:47 (GMT+2)

 GBP/JPY: Fibonacci analysis 2016-03-11 13:47 (GMT+2) The pair is likely
to continue moving up to 163.85. On the 4-hour chart, the price broke
out the level of 161.55 (61.8% correction) that can lead to a growth to
163.85 (23.6% correction for the medium-term trend) and 165.56 (100.0%
correction). If the price turns down and falls

Brent: oil remains near $40 per barrel 2016-03-11 11:45 (GMT+2)

Brent: oil remains near $40 per barrel 2016-03-11 11:45 (GMT+2)

 Brent: oil remains near $40 per barrel 2016-03-11 11:45 (GMT+2) Current
trend Yesterday the price of Brent crude oil slightly fell and returned
to the $40 per barrel region. Oil prices were falling despite a
significant decline in the USD that was pressured after the ECB monetary
policy meeting. The regulator made the decision to

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