riki143 Posted August 19, 2015 Report Share Posted August 19, 2015 Forex Analytics Euro trading inside cloud 19 August 2015 Tatiana Norkina, FBS analyst EURUSD made its way into the four-hour cloud area yesterday, after the bulls failed to break through the Tenkan-Sen and Kijun-Sen lines resistance. The support formed by the cloud's lower border around 1.1010 was tested yesterday as well. So far, the level is retained by the bulls, however, the short-term trend is determined by the dead cross. Let us also note that at the current levels, the buyers' progress will be hindered by both the cloud's upper border and Tenkan-sen, in the 1.1070 area. And the 11th figure contains the Kijun-sen resistance. The bulls might attempt to move into the positive area today, but further trading is obvious to continue within the cloud. Technical levels: support – 1.1000; resistance – 1.1070, 1.1100. Trade recommendations: out of market. http://fxbazooka.com/upload/tiny/Analytics/2015/August/19/eurusdh4-TN.png More: http://fxbazooka.com/en/analitycs/show/6132 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 19, 2015 Report Share Posted August 19, 2015 Forex Analytics Pound attempting to grow 19 August 2015 Tatiana Norkina, FBS analyst The GBP/USD currency pair found support at 1.5560 yesterday. It is here that a powerful level has been formed by the Ichimoku cloud upper border on the four-hour timeframe. Supported by the positive cloud, the bulls took it as a signal for purchases, making the pair finally break through the notorious 1.5650 resistance. The daily high was set at 1.5716 but then the market returned to the 1.5650 mark to test the Kijun-sen line support. Obviously, the bullish sentiment might increase in the near future. The goal for purchases may be the 1.5780/90 mark. Technical levels: support – 1.5650; resistance – 1.5730, 1.5780. Trade recommendations: 1. Buy — 1.5670; SL — 1.5650; TP1 — 1.5730; TP2 — 1.5780. http://fxbazooka.com/upload/tiny/Analytics/2015/August/19/gbpusdh4-TN.png More: http://fxbazooka.com/en/analitycs/show/6133 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 20, 2015 Report Share Posted August 20, 2015 Forex Analytics Forex trading plan for August 20 US CPI data came in at 0.1% for headline and core, below the 0.2% estimates, but real average earnings rose from 1.8% to 2.2% helping US dollar recover after the initial sip. Traders are also positioning for the release of the Federal Reserve’s meeting minutes at 18:00 GMT on Wednesday – the market is probably pricing in a more hawkish statement. Traders will be looking for the indication of how many central bank members lean towards September rate hike. Comments about the labor market and inflation will be also important. On Thursday there will be another bunch of American economic statistics: unemployment claims at 12:30 GMT and existing home sales and Philadelphia Fed manufacturing index (positive forecast) at 14:00 GMT. EUR/USD continued its way below the 100-day MA at 1.1048. The German Bundestag has voted in favor of the third bailout for Greece. Greece is scheduled to repay 3.5 billion euro to the European Central Bank (ECB). Support is at 1.1015/1.1000 and 1.0950. Resistance is at 1.1050, 1.1090/1.1100 and 1.1130. The pair has topped last week, but the euro still has underlying strength, so the bearish bias may soften. GBP/USD jumped on Tuesday, but failed to close above 1.5700 mark. Only a close above this point will bring the pair to 1.5785/1.5815. UK will release retail sales data at 08:30 GMT (positive forecast). Support is at 1.5590 (55-day MA). USD/JPY made a spike down towards 124.00, but then recovered to 124.40. Resistance is at 124.50 (50% of the decline after Chinese yuan devaluation) and then at 124.70 and 124.90/125.00. The instability in China supports demand for the yen as a safe haven and limits the pair’s advance. The Bank of Japan meeting will take place on Thursday. In its recent comments, the regulator hinted that it was no planning to increase monetary stimulus as the yen has already weakened much. If the Bank of Japan sticks to this position, the advance of USD/JPY will remain limited. Long USD positions here seem risky. AUD/USD is getting ready for a break of either 0.7315 or 0.7375. Support will likely come under pressure. More: http://fxbazooka.com/en/analitycs/show/6143 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 20, 2015 Report Share Posted August 20, 2015 Forex Analytics Aussie held above cloud 20 August 2015 Tatiana Norkina, FBS analyst The AUD/USD currency pair has been trying desperately to consolidate above the four-hour Ichimoku cloud in the recent days. The main support was at the 0.7320 level, which the bulls had been firmly holding since Tuesday. Given the generally positive Ichimoku indicator, a break trhough the Tenkan and Kijun lines resistance in the 0.7360 area might inspire buyers that would choose the short-term level of 0.7450 as their goal. However, currently the Tenkan and Kijun lines are quite firmly keeping the dead cross relevant. Therefore, purchases will be possible only after the prices fix above the Kijun line. Technical levels: support – 0.7330/40 resistance – 0.7380, 0.7400, 0.7415, 0.7440. Trade recommendations: 1. Buy — 0.7350; SL — 0.7330; TP1 — 0.7400; TP2 — 0.7440. http://fxbazooka.com/upload/tiny/Analytics/2015/August/20/AUDUSDH4-TN.png More: http://fxbazooka.com/en/analitycs/show/6144 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 20, 2015 Report Share Posted August 20, 2015 Forex Analytics Dollar weakened against Yen 20 August 2015 Tatiana Norkina, FBS analyst The USD/JPY currency pair rate plummeted into the negative area yesterday after all, below the four-hour Ichimoku cloud. The bulls were trying desperately to keep the prices in the cloud area, taking advantage of the lower border support around 124.10, but the bears turned out stronger. As a result, the pair has updated the three-week lows, having gone down to the 123.67 mark. The bearish sentiment is obvious to prevail in the market in the near future since the Ichimoku cloud has changed for the negative and the Tenkan and Kijun lines have formed a dead cross. The Senkou Span B line retest migth make new sales possible. Technical levels: support – 123.50; resistance – 124.00. Trade recommendations: 1. Sell — 124.00; SL — 124.20; TP1 — 123.50; TP2 — 123.10. http://fxbazooka.com/upload/tiny/Analytics/2015/August/20/usdjpyh4-TN.png More: http://fxbazooka.com/en/analitycs/show/6145 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 21, 2015 Report Share Posted August 21, 2015 Forex Analytics GBP/USD: forecast for August 24 - 30 21 August 2015 Kira Iukhtenko Improved UK inflation data and a declining dollar supported the British pound over the past week. GBP/USD reached 1.5-month highs above 1.5700 (prior strong resistance). The market is now forming a long-legged candle on the weekly chart (bullish signal). It is important for us whether the pound will be able to fix above 1.5730 (trend line on the chart). Next bullish targets could be seen at 1.5800/10 and 1.5870 (50% Fibonacci from the 2014-2015 decline) in this case. http://fxbazooka.com/upload/tiny/Analytics/2015/August/20/gbpusd%20daily.png Chart. Daily GBP/USD British government is gradually preparing for a rate hike, pushing the exchange rate higher. However, you should keep in mind that increased risk aversion and weak US figures could force the Fed to delay the first rate hike. Bank of England will likely follow its US counterpart, switching the hike expectations back into 2016. That’s why we don’t expect the bulls to stay in the sterling for too long. Next week we'll be watching UK Q2 GDP (second estimate) and the news from the United States. More: http://fxbazooka.com/en/analitycs/show/6161 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 21, 2015 Report Share Posted August 21, 2015 Forex Analytics USD/JPY: forecast for August 24-30 21 August 2015 By Elizabeth Belugina USD/JPY slid below 123.00. Japanese yen strengthened as a safe haven, because worse-than-expected economic figures from China and other events kept investors’ risk sentiment getting worse and worse. The case for further easing by the Bank of Japan is building. Japanese economy contracted in Q2. GDP fell by an annualized 1.6%. Japan’s export growth slowed in July, while private sector demand is low. http://fxbazooka.com/upload/tiny/Analytics/2015/August/06/Japan%20economic%20growth.png On Friday, Japan will release inflation and retail sales figures. According to the Reuters poll, core consumer prices in Japan have slipped in July, the first fall in more than 2 years. Other data may to provide some positive news: according to the forecasts, household spending probably rose in July as hot weather spurred sales of summer clothing and air conditioners. Retail sales are expected to show a 1.1% gain in July on-year, up for the four straight month, though the pace of growth has moderated in the past few months. There are some expectations of the Bank of Japan’s additional monetary stimulus in October. These expectations will provide some support for the pair. However, the central bank is very unlikely to make any new steps before the Federal Reserve’s meeting on September 17. All in all, we expect USD/JPY to remain under pressure. Next support is in the 122.30/00 psychological area and at 121.50 (2015 uptrend line). On the upside resistance is at 123.60 and 124.50. http://fxbazooka.com/upload/tiny/Analytics/2015/August/06/USDJPYDaily_1.png More: http://fxbazooka.com/en/analitycs/show/6167 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 21, 2015 Report Share Posted August 21, 2015 Forex Analytics EUR/USD: forecast for August 24-30 21 August 2015 By Elizabeth Belugina The past week was eventful for the euro area and especially for Greece. International creditors agreed to provide the nation with 86-billion euro bailout. Greece will be getting the money within the next 3 years. In return, Greek authorities will have to raise taxes and cut spending. Greece got the first 26-billion tranche on Thursday: 10 billion will be used to recapitalize the banks, while about 3 billion were repaid to the ECB. In the near term, we will see plenty of political news from Greece. Greek Prime Minister Alexis Tsipras resigned because of a rebellion in his leftist Syriza party. Tsipras now aims to take part in the snap parliamentary elections reported on September 20 in order to strengthen his hold on power. For now, the market views the resignation of Tsipras as positive for the euro believing that it could facilitate the negotiations with the European authorities. For now, under the Greek constitution, the three largest parties will try to form a temporary government – this process may be rather difficult. EUR/USD jumped towards 1.1300 as the less hawkish Federal Reserve’s meeting minutes. The single currency is used as a refuge as capital is flying from emerging markets. Safe haven demand will keep the euro supported until there are better economic data coming from the US and China. As a result, we recommend being very cautious with short positions next week. Buying on the dips will be better as a short-term strategy. Next week there will not be many important economic releases in the euro area, except German Ifo business climate on Tuesday. In addition, pay attention to the meeting of the global monetary authorities in Jackson Hole. Resistance is at 1.1340 (200-day MA), 1.1380 and 1.1430/67. Support is located at 1.1215, 1.1130/00, 1.1075 and 1.1015. http://fxbazooka.com/upload/tiny/Analytics/2015/August/06/EURUSDDaily_1.png More: http://fxbazooka.com/en/analitycs/show/6166 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 21, 2015 Report Share Posted August 21, 2015 Forex Analytics US dollar: forecast for August 24 - 30 21 August 2015 Kira Iukhtenko US Dollar index reached its lowest level since June 30 by the end of the week (95.40). Increased global uncertainty lowers expectations for a Fed’s rate hike on the September 17 meeting. Dovish Fed’s policy minutes and lower inflation data became another argument against a premature hike. Futures market is currently pricing in only 24% chance for a Fed’s hike in September. http://fxbazooka.com/upload/tiny/Analytics/2015/August/20/USD%20Index.png Chart. USD Index Weekly We believe the US currency has some room for a corrective decline, but the buyers are expected to return into the market ahead of the September 4 NFP. It will finally become clear that there is nothing more stable than the US economy these days. US are scheduled to release a bag of important figures on the new week. Pay special attention to the Q2 GDP second estimate. There is a chance for the figure to be revised higher from the preliminary +2.3% reading. The famous Jackson Hole symposium starts on Thursday. More: http://fxbazooka.com/en/analitycs/show/6164 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2015 Report Share Posted August 24, 2015 Forex Analytics Danske Bank: trade signals for Aug 24 Open positions: EUR/JPY: Hold LONG at 137.50, TAKE PROFIT 140.67 (revised), STOP LOSS 137.75 (revised) GBP/USD: Hold LONG at 1.5635, TAKE PROFIT 1.5789, STOP LOSS 1.5595 AUD/USD: Hold SHORT at 0.7350, TAKE PROFIT 0.7066, STOP LOSS 0.7328 (revised) USD/CAD: Hold LONG at 1.3055, TAKE PROFIT 1.3337 (revised), STOP LOSS 1.2938 Trade ideas: EUR/USD: Look to BUY USD/CHF: Look to SELL USD/JPY: Look to SELL EUR/GBP: Look to BUY EUR/CHF: Look to BUY EUR/CAD: Look to BUY GBP/JPY: Look to SELL NZD/USD: Look to SELL __________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6179 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 25, 2015 Report Share Posted August 25, 2015 Forex Analytics Trading plan for August 25 Kira Iukhtenko https://www.youtube.com/watch?v=7AfNnagZOiI On Monday, all the stock markets collapsed starting from China. Shanghai Composite fell by 8.5% in the Asian trade, pulling all the indices lower. As a result, market appetite turned negative and the commodity rout extended. Investors rushed into the safe-haven assets, such as EUR, JPY, GBP and CHF. As for the metals, the only asset that survived for now is Gold. It stays in demand as a refuge. We expect the current risk-off trend to continue until we see a significant rebound in China. Watch the Bank of China’s actions as at a certain point they will have to intervene to save the economy. We advise joining the trend and selling the commodity and risky assets until that happens. AUD and NZD are an attractive SELL these days. EUR/USD is being bought as the carry trade operations became senseless in the current conditions. We expect the euro to stay supported as the crisis goes on. Buy the pair on dips to 1.1470. GBP/USD is also an attractive pair to go long after it closed above the 1.5700 resistance. Target 1.5800 and 1.5870 this week. More: http://fxbazooka.com/en/analitycs/show/6189 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 25, 2015 Report Share Posted August 25, 2015 Forex Analytics Danske Bank: trade signals for August 25 Open positions: AUD/USD: Hold SHORT at 0.7215, TAKE PROFIT 0.6954, STOP LOSS 0.7295 USD/CAD: Hold LONG at 1.3055, TAKE PROFIT 1.3400 (revised), STOP LOSS 1.3058 EUR/JPY: Hold SHORT at 138.05, TAKE PROFIT 135.56, STOP LOSS 139.05 EUR/CHF: Hold LONG at 1.0815, TAKE PROFIT 1.1002, STOP LOSS 1.0745 EUR/CAD: Hold LONG at 1.5215, TAKE PROFIT 1.5586, STOP LOSS 1.5115 Trade ideas: EUR/USD: BUY at 1.1485, TAKE PROFIT 1.1808, STOP LOSS 1.1400 USD/JPY: SELL at 120.20, TAKE PROFIT 115.86, STOP LOSS 122.15 GBP/USD: BUY at 1.5725, TAKE PROFIT 1.5930, STOP LOSS 1.5625 EUR/GBP: BUY at 0.7225, TAKE PROFIT 7483, STOP LOSS 0.7150 NZD/USD: SELL at 0.6540, TAKE PROFIT 0.6342, STOP LOSS 0.6635 GBP/JPY: Look to BUY USD/CHF: Look to SELL ____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6196 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 25, 2015 Report Share Posted August 25, 2015 Forex Analytics USD/CAD: buy target - 1.3400 25 August 2015 By: Dmitriy Chernovolov -USD/CAD reached buy target 1.3200 -Next buy target - 1.3400 USD/CAD yesterday broke sharply above the resistance level 1.3200 (which stopped the previous minor impulse wave 1 at the start of August and which was set as the buy target in our previous forecast for this currency pair). The breakout of this resistance level is likely to accelerate the active minor impulse wave 3 – which belongs to the intermediate impulse wave (3) from June - which is itself a part of the primary impulse wave ③ from May. USD/CAD is expected to rise further in the active impulse waves 3, (3) and ③ toward the next buy target at the resistance level 1.3400 (target price for the completion of the active impulse wave 3). Strong support remains at 1.3200. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/USDCAD%20-%20Primary%20Analysis%20-%20Aug-25%200942%20AM%20(1%20day)_1.png More: http://fxbazooka.com/en/analitycs/show/6197 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 26, 2015 Report Share Posted August 26, 2015 Forex Analytics Forex trading plan for August 26 By Elizaveta Belugina Chinese authorities finally addressed the economic and market turmoil by cutting the benchmark interest rate. The markets felt relief: stocks recovered and oil recovered, while the euro and the yen that strengthened as safe havens during the ‘Black Monday’ declined. US dollar was supported by the low-yielding currencies on the latest news from China as the move of the People’s Bank of China diminished fears that the Federal Reserve will have to delay interest rate hikes. Data released on Tuesday showed that US consumer confidence improved. US durable goods orders will be released at 12:30 GMT on Wednesday (forecast is negative). EUR/USD spiked towards 1.1715 on Monday, but is now testing 1.1500 to the downside. The pair met resistance of the mildly sloping uptrend, which has been in place since March. In the 1.1700 area, one can also find 55-week MA and resistance of the 2014-2015 decline. Resistance is at 1.1625, 1.1700 and 1.1800. There are signs of a top, and the euro will likely return lower. Support is at 1.1430, 1.1380 and 1.1280. Fundamentally, we think that the ECB won’t like to see the euro so high, so it will be more difficult for the single currency to get much higher at this point. GBP/USD rose to 1.5800 on Monday closing above 1.5700 since the end of June. Pound should be more cheering of the recovery in oil that the euro. Still, resistance lies at 1.5815 (May high) ahead of 1.5900/30 (July high). Support is at 1.5700 and 1.5630. UK will release data only of the minor importance, so the market’s focus will remain on the US and risk sentiment. USD/JPY is consolidating below resistance at 120.50 and 121.50. The pair was supported this week by the weekly Ichimoku Cloud and the 55-week MA. However, the advance of the US dollar will likely be limited as the expectations of the Fed’s rate hike took a blow after the recent market’s turmoil. Support is at 119.40, 118.88 and 118.00. AUD/USD recovered to 0.7200 after testing 0.7038 on Monday. On Wednesday morning, we will hear from the Reserve Bank of Australia Governor Stevens. Support is at 0.7170 and 0.7115. Resistance is at 0.7285, 0.7310 and 0.7335. Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 26, 2015 Report Share Posted August 26, 2015 Forex Analytics Trading plan for August 27 Kira Iukhtenko Policy stimulus launched by the Bank of China on Tuesday failed to support the Shanghai Composite (-1.3% on Wednesday). However, the overall market sentiment improved with the Brent price pausing its losses. US Dollar index is seen recovering for a second day in a row and won back the sharp “black Monday” losses. However, it still fails to close above the 95 points resistance. US releases strong durable goods data on Wednesday, but the market reaction was muted. The market is still cautious about buying the greenback. On Thursday, don’t miss the US Q2 GDP second estimate (forecast - upbeat) and the unemployment claims figures. Jackson Hole symposium starts tomorrow – comments on the global economy will likely follow. EUR/USD remains under bearish pressure. The pair will be driven by the risk sentiment these days. The pair pulled back from the 55-week MA and the weekly Ichimoku. Fix below 1.1500 will open the way for a rapid slide to 1.1200. GBP/USD also gave up ground, falling below 1.5700. The pair is testing 38.2% Fibo at 1.5570 as we speak. Bearish target -1.5520 (trend support). USD/JPY behaves a bit differently: it’s far from recovering to the Monday’s opening levels. Resistance lies at 120.00/30. Support – 118.50 and 116.00. According to the Japanese government, yen is far from being expensive these days. Commodity currencies remain a sell. Tomorrow we’ll be watching Australia private capital expenditure (a decline is expected). Data could easily pull AUD/USD down below 0.7100. More: http://fxbazooka.com/en/analitycs/show/6221 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 28, 2015 Report Share Posted August 28, 2015 Forex Analytics GBP/USD: forecast for Aug 31-Sept 6 Kira Iukhtenko GBP/USD surge above 1.5700 turned out to be a fake breakout – the pair lost more than 300 pips by the end of the week. A strong bearish candle is being formed on the weekly chart (SELL signal). The cable broke the trendline connecting the May-August lows to the downside. Weekly close below 1.5450 will become a strong signals for the sellers. Next levels to watch are 1.5330 и 1.5170. They are expected to be reached in the coming days. Recovery above 1.5500 is needed to revive the buying demand. Next week we’ll watch the UK August PMI indices. Monday is a bank holiday – volatility could increase on a thin market. Weak US data and a new wave of Asian market selloff is a risk to our bearish view, however. http://fxbazooka.com/upload/tiny/Analytics/2015/August/27/GBPUSDWeekly1.png More: http://fxbazooka.com/en/analitycs/show/6241 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 31, 2015 Report Share Posted August 31, 2015 Forex Analytics EUR/USD: forecast for Aug 31-Sept 6 By Elizaveta Belugina EUR/USD spiked to 1.1700 during the Black Monday reaching the conversion are of several important resistances. As the market was in great stress, the low-yielding euro was used as a safe haven. Then, however, global risk sentiment improved and the pair reversed to the downside sliding below 1.1300. Data released in the euro area in the past week as usual were mixed. In Greece political deadlock was temporary resolved as a caretaker prime minister was appointed. Vassiliki Thanou, an opponent of austerity measures, will lead the country to September elections. It’s the first time Prime Minister position in Greece is occupied by a woman. The main event of the coming week for the euro will be the European Central Bank’s meeting on Thursday. There are many reasons for the ECB to show a dovish tone: inflation expectations in the euro area have fallen, oil prices have hit 6-year lows, while the euro’s exchange rate has become generally higher. Taking into account concerns about China’s economy and markets, the ECB’s President Mario Draghi will likely point out downside risks to European economy. Draghi will likely hint at the possibility of extending quantitative easing (QE) beyond September 2016. Comments like this will be negative for EUR/USD. Traders should also pay attention to the euro area’s flash August inflation figures on Monday as this release will be watched by the ECB. Although we expect the ECB meeting to be a bearish factor for the euro, be aware of the fact that the market’s risk sentiment and the stock markets haven’t stabilized. This can make the single currency swing to the upside. As a result, one has to be prepared for volatile trading. The technical picture for the euro looks bearish. A shooting start will the long upper shadow is ready to form on the weekly chart. Moreover, the pair returned below 200-day MA. Support is at 1.1150, 1.0950, 1.0850 and 1.0800. A bunch of resistance levels is located at 1.1380, 1.1430 and 1.1500 ahead of 1.1700. http://fxbazooka.com/upload/tiny/Analytics/2015/August/27/EURUSDWeekly.png EUR/USD, Daily More: http://fxbazooka.com/en/analitycs/show/6245 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 31, 2015 Report Share Posted August 31, 2015 Forex Analytics USD/JPY: forecast for Aug 31-Sept 6 By Elizabeth Belugina USD/JPY hit 116.15, the lowest level since the beginning of January, on Black Monday. Then as the market’s risk sentiment improved the pair returned to the previous support line of 2015 in the 121.50 area. Another positive factor for the US currency was the upward revision of America’s Q2 GDP growth. As yen strengthened at the beginning of the past week, we got comments from Japanese officials that the move was too “rough”. Taking into account the risks from China, Japan’s monetary authorities will not want national currency to strengthen much further. As a result, they will likely step in with verbal interventions if the bears once again try to pull the pair to 116.00. In addition, there are rumors that Japan’s giant public pension fund (GPIF) is aggressively buying foreign assets to support USD/JPY. Meanwhile, Japanese inflation data came out subdued. National core CPI was flat in July after rising by 0.2% in June. The more timely Tokyo CPI measure declined by 0.1% in August. It will be difficult for the Bank of Japan to achieve its 2% inflation target without further monetary stimulus. However, no such measures are expected within the next month http://fxbazooka.com/upload/tiny/Analytics/2015/August/27/Japan%20inflation.png Japanese core inflation, % Next week traders will focus on the US economic releases and especially non-farm payrolls (NFP) due on Friday. In Japanese economic calendar, we see some less important releases. All in all, although the market’s sentiment may improve, the uncertainty about China and the US Federal Reserve’s policy will remain limiting USD/JPY on the upside. On its way up the greenback will have to overcome resistance at 121.50, 122.25, 123.10 and 124.50. Support is located at 119.60 and 118.30/00. http://fxbazooka.com/upload/tiny/Analytics/2015/August/27/USDJPYDaily_1.png Daily, USD/JPY More: http://fxbazooka.com/en/analitycs/show/6244 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 31, 2015 Report Share Posted August 31, 2015 Forex Analytics US Dollar: forecast for Aug 31-Sept 6 Kira Iukhtenko The Fed’s members have become much more dovish in their words after the last week’s market turmoil. However, demand for the US dollar recovered by the end of the week as the US data confirmed the ongoing recovery. The chance of a rate hike in September went down last week, but it can’t completely written off. Anyway, the market continues pricing in a policy change in 2015. We expect the US currency to strengthen over the next week. From the technical viewpoint, US Dollar index is forming a bearish triangle on a bullish market – sign of a mid-term trend continuation. Weekly candle with a long lower shadow confirms our short-term bullish view. US data next week will be in the center of the market attention ahead of the September 17 meeting. Watch the August PMI indices. Most expected day of the week is Friday with its August labor market figures. The NFP release is expected to support the USD demand. http://fxbazooka.com/upload/tiny/Analytics/2015/August/27/dxy%20weekly1.png More: http://fxbazooka.com/en/analitycs/show/6239 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 31, 2015 Report Share Posted August 31, 2015 MARKET NEWS Key currency options 31 August 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: 1.0900 (4.75bn), 1.1000 (610m), 1.1150, 1.1165, 1.1175, 1.1190, 1.1200 (781m), 1.1235, 1.1250, 1.1270, 1.1300, 1.1350, 1.1375, 1.1400, 1.1410, 1.1415 (511m), 1.1500 (646m) USD/JPY: 118.90, 119.00, 119.75, 119.80, 120.00, 120.40, 120.50, 122.65 AUD/USD: 0.7250 NZD/USD: 0.6585, 0.6600 (2.3bn), 0.6750 (976m) EUR/JPY: 132.00 (526m), 136.00, 137.00 (1.35bn) USD/CAD: 1.3200 More: http://fxbazooka.com/en/news/show/3514 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted August 31, 2015 Report Share Posted August 31, 2015 Forex Analytics Danske Bank: trade signals for Aug 31 Open positions:* EUR/USD: Hold SHORT from 1.1252, TAKE PROFIT 1.1017, STOP LOSS 1.1317 USD/JPY: Hold SHORT from 121.15, TAKE PROFIT 118.26, STOP LOSS 122.15 USD/CHF: Hold LONG from 0.9580, TAKE PROFIT 0.9799, STOP LOSS 0.9495 AUD/USD: Hold SHORT from 0.7215, TAKE PROFIT 0.6954, STOP LOSS 0.7220 USD/CAD: Hold LONG from 1.3055, TAKE PROFIT 1.3400 (revised), STOP LOSS 1.3140 (revised) EUR/JPY: Hold SHORT from 138.05, TAKE PROFIT 134.33 (revised), STOP LOSS 137.65 (revised) EUR/GBP: Hold LONG from 0.7300, TAKE PROFIT 0.7483, STOP LOSS 0.7215 NZD/USD: Hold SHORT from 0.6540, TAKE PROFIT 0.6342, STOP LOSS 0.6635 Trade ideas: EUR/CHF: SELL at 1.0815, TAKE PROFIT 1.0638, STOP LOSS 1.0895 GBP/JPY: SELL at 188.50, TAKE PROFIT 180.96, STOP LOSS 191.74 EUR/CAD: Possibly BUY GBP/USD: Possibly SELL ____________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6258 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted September 1, 2015 Report Share Posted September 1, 2015 Forex Analytics Forex trading plan for Sept 1 Kira Iukhtenko We expect the US Dollar to strenghten this week ahead of the labor market data on Friday (forecasts are upbeat). Given this view, EUR/USD is a SELL these days with a target of 1.0950. Technical picture confirms the ideas as the pair pulled back from the 55-week MA, forming a long-legged red candle last week. Watch the unemployment rate in the euro area tomorrow. GBP/USD also looks bearish this week, but the doji candle formed last Friday creates room for a bullish pullback. We recommend selling on rallies to 1.5480 (former trend support), targeting 1.5330. Watch the UK Manufacturing PMI tomorrow. As for AUD/USD, the pair is trading in the red ahead of the RBA meeting on Tuesday. No rate cut is expected, so the pair could get temporary support from this side. This would become a good point to sell on rallies. Don't miss China's PMI indices on Tuesday - data could become a negative surprise for the commodity currencies. https://www.youtube.com/watch?v=ce2ZOjGwU5A More: http://fxbazooka.com/en/analitycs/show/6272 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted September 1, 2015 Report Share Posted September 1, 2015 Forex Analytics Danske Bank: trade signals for Sept 1 Open positions:* EUR/USD: Hold SHORT at 1.1252, TAKE PROFIT 1.1017, STOP LOSS 1.1317 USD/JPY: Hold SHORT at 121.15, TAKE PROFIT 118.26, STOP LOSS 122.15 EUR/JPY: Hold SHORT at 138.05, TAKE PROFIT 134.33 (revised), STOP LOSS 137.65 (revised) EUR/GBP: Hold LONG at 0.7300, TAKE PROFIT 0.7483, STOP LOSS 0.7215 USD/CHF: Hold LONG at 0.9580, TAKE PROFIT 0.9799, STOP LOSS 0.9495 AUD/USD: Hold SHORT at 0.7215, TAKE PROFIT 0.6954, STOP LOSS 0.7220 Trade ideas: EUR/CHF: SELL at 1.0815, TAKE PROFIT 1.0638, STOP LOSS 1.0895 GBP/JPY: SELL at 188.50, TAKE PROFIT 180.96, STOP LOSS 191.74 EUR/CAD: Possibly BUY GBP/USD: Possibly SELL ________________________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: http://fxbazooka.com/en/analitycs/show/6279 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted September 1, 2015 Report Share Posted September 1, 2015 Forex Analytics GBP/AUD: buy target - 2.2000 1 September 2015 By: Dmitriy Chernovolov -GBP/AUD reversed from support zone -Next buy target - 2.2000 GBP/AUD recently reversed up sharply from the combined support zone lying at the intersection of the support level 2.1400 (former resistance level which reversed the previous impulse wave 1 in July), the support trendline of the daily up channel from May and the 61.8% Fibonacci Correction of the previous sharp minor impulse wave (i). The upward reversal from this support zone completed the latest minor correction (ii). GBP/AUD is expected to rise further in the active impulse waves (iii) and 3 toward the next buy target at the resistance level 2.2000. Buy stop-loss can be placed below the aforementioned support level 2.1400. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/GBPAUD%20-%20Primary%20Analysis%20-%20Sep-01%200953%20AM%20(1%20day).png More: http://fxbazooka.com/en/analitycs/show/6281 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted September 1, 2015 Report Share Posted September 1, 2015 Forex Analytics Forex trading plan for September 2 By Elizabeth Belugina The market’s risk sentiment remains unstable. Worse than expected manufacturing data from China on Tuesday morning once again provoked decline in stocks increasing demand for safe-haven euro and yen. US ISM manufacturing PMI came out lower than expected (51.1 vs. 52.6 forecast). This is the lowest reading since August 2013. At the beginning of this week, traders were once again considering the possibility of the Federal Reserve’s rate hike. Note that the expectations of the market are very data-dependent. Watch the upcoming releases: weaker figures will hurt USD. On Wednesday, traders will be watching ADP non-farm employment change (12:15 GMT): it is believed that this labor market indicator provides hints for more important non-farm payrolls (NFP) due on Friday. EUR/USD rose, but failed to fix above the 200-day MA. Support is at 1.1200, 1.1150 and 1.1100 (key level) ahead of 1.1017. Resistance is at 1.1300, 1.1330 and 1.1380/1.1400. Advance of the single currency will likely be limited ahead of the European Central Bank’s meeting on Thursday. GBP/USD is trying to hold above 1.5300 after it closed below the 200-day MA on Monday (1.5365). This level is now acting as resistance together with 1.5410/00. British manufacturing PMI was slightly lower than expected. Britain will release construction PMI at 08:30 GMT. Support is 1.5245, 1.5200 and 1.5170. USD/JPY reversed down from 121.50 and slid to support at 119.60. Further support is at 118.90 and 118.30. As the uncertainty about the Fed’s policy remains, advance of the pair will be limited. AUD/USD was testing levels below 0.7100. The Reserve Bank of Australia left the benchmark interest rate unchanged at 2%. On Wednesday Australia will release Q2 GDP data. The nation’s economic growth is expected to slow down from 0.9% to 0.4%. Support is at 0.7000 (psychological level), 0.6989 (April 28 2009 low) and 0.7200. Resistance is at 0.7100 and 0.7150. More: http://fxbazooka.com/en/analitycs/show/6288 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
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