riki143 Posted December 3, 2015 Report Share Posted December 3, 2015 Forex Analytics Forex trading plan for December 3 By Elizabeth Belugina https://www.youtube.com/watch?v=TXKTqO_b7_w US dollar index recovered the losses it suffered on Tuesday gaining especially versus the euro, British pound and Japanese yen. According to the data from ADP, the US economy added 217K jobs in November (vs. the forecast of 191K). Unit labor costs rose by 1.8% vs. 1.1% expected – another positive development. The Federal Reserve’s Chair Janet Yellen will likely confirm that December 16 FOMC meeting will be ‘live’ meaning that the Fed’s policy may be changed. Yellen will speak later on Wednesday and then testify at 15:00 GMT on Thursday. Note that America will release ISM non-manufacturing PMI as well at 15:00 GMT on Thursday, though the release probably won’t be the big market mover ahead of the nonfarm payrolls on Friday. EUR/USD returned to the 1.0600 area and below on Wednesday. Traders await the results of the ECB meeting. The central bank will announce its interest rate decision at 12:45 GMT (the cut in deposit rate is likely), and at 13:30 GMT Mario Draghi will host a press conference. At the ECB’s last meeting in October Draghi said that the regulator would reconsider its policy in December hinting at the possibility of additional monetary easing in the form of QE monthly increase and overall extension. Draghi also noted that the option of reducing deposit rates had been discussed. Euro zone’s November inflation figures released on Wednesday came out lower than expected thus confirming the case for the ECB to ease its policy. Still, much of the easing has been already priced in EUR/USD’s rate since October as the pair descended from 1.13 on October 22 to the current range around 1.06. We are quite certain that the ECB will act on Thursday, the question is whether the central bank will do just enough to keep the euro from rising or do more than expected by the market and drive the single currency to 1.0500 and lower? With all the speculation about potential steps of the ECB, it’s difficult to say what is currently priced in. At this point, the market has, as far as we can judge, priced in 15-point deposit rate cut, an extension of QE and partly priced in the increase in monthly purchases. Remember that Mario Draghi is known for delivering more than the market thinks. The CFTC hasn’t released new data on the large players’ positioning, but we can assume that although the number of the euro shorts has increased, there’s room for more. As a result, the risks for the euro are definitely to the downside. Support is at 1.0520/00 and 1.0460. Beware of spikes in the 12:40-14:00 GMT period. GBP/USD slid below 1.5000. British construction PMI disappointed and there’s only the UK services PMI due at 09:30 GMT on Thursday. The pair is testing support at 1.4950 and may try to hold above this area, though the risks of a slide to 1.4888 and much further have significantly increased. Resistance is at 1.5030, 1.5100 and 1.5150.USD/JPY wants to test 123.60. An increase to 124.00 will make USD sellers return. Support is at 123.00. AUD/USD paused at 0.7340, near the top of the short-term uptrend. Australia will release trade balance early on Thursday. Lower data will make Aussie slide to support at 0.7280/50. Next resistance is at 0.7380. More: https://fxbazooka.com/en/analitycs/show/7255 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 4, 2015 Report Share Posted December 4, 2015 Forex Analytics NZD/CAD: buy target - 0.9000 4 December 2015 By: Dmitriy Chernovolov NZD/CAD rising inside intermediate ABC correction (2) Next buy target - 0.9000 NZD/CAD has been rising steadily in the last few trading sessions inside the C-wave of the active intermediate ABC correction (2) from the middle of November (which started when the price reversed up from the support level 0.8600). The active C-wave recently broke the resistance level 0.8800 – which intensified the bullish pressure on this currency pair. NZD/CAD is expected to rise further in the active C-wave toward the next buy target at the round resistance level 0.9000 (target price calculated for the completion of the active ABC correction (2) and the top of the previous primary ABC wave ② from September). Strong support remains at 0.8800. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/NZDCAD%20-%20Primary%20Analysis%20-%20Dec-04%201005%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7271 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 6, 2015 Report Share Posted December 6, 2015 Forex Analytics EUR/USD: forecast for December 7-13 By Elizabeth Belugina The meeting of the European Central Bank clearly disappointed the market. After Mario Draghi’s comments in October and November the market was clearly pricing in a big expansion of monetary easing and was positioned bearishly on the single currency. The ECB, however, delivered too little. There was a squeeze in EUR shorts and the currency soared. In short, the ECB cut deposit rate only by the minimal number expected of 10 bps, didn’t increase the monthly amount of bond purchases and extended QE by only 6 months. There clearly are disagreements within the ECB’s Governing Council. Draghi failed to persuade Bundesbank Jens Weidmann and some other policymakers to adopt more aggressive monetary easing. It’s also interesting that Draghi didn’t reply on the question whether the ECB will make further cuts to the deposit rates. This is positive for the euro in the near term. Still, euro’s reaction to the upside was very violent and exceptional. Formally, the divergence in policy between the euro area and the United States is still present. Good US employment data solidified the prospects of the Federal Reserve’s rate hike on December 16. However, the market is now more and more leaning to the expectations that the Fed’s rate increases will be small and gradual. Next week there will much less intense in terms of news from the euro area. There won’t be important economic data to either confirm or deny the fact that the state of the euro zone’s economy is getting better. The most important thing to watch will be what Weidmann says on Thursday. European finance ministers will meet on Monday and Tuesday. Traders and will keep trying to guess what the Fed will do on December 16 and, even more importantly, how the US central bank will act after that. The most important releases in the US will take place on Friday (retail sales, PPI). EUR/USD faces resistance in the 1.1000/1.1050 area (daily MAs). A break higher will open the way to 1.1300. http://fxbazooka.com/upload/tiny/Analytics/2015/December/03/EURUSD.png Our main scenario is that next week the bears will try to at least partly erase the gains made on the ECB meeting. The ECB president Mario Draghi will speak late on Friday, December 4, and may once again move the market. More: https://fxbazooka.com/en/analitycs/show/7276 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 6, 2015 Report Share Posted December 6, 2015 Forex Analytics USD/JPY: forecast for December 7-13 By Elizabeth Belugina USD/JPY spent most of the week consolidating in the 123.60/122.20 area. Next week the most important day in Japan’s economic calendar will be Tuesday: the nation will release current account and final Q3 GDP figures. There will also be a speech of the Bank of Japan’s Governor Kuroda, though the central bank is unlikely to deviate from its current approach of keeping the amount of monetary stimulus unchanged. The main driver of USD/JPY will continue to be the US dollar and the news from America. Here the main releases will be on Friday (retail sales, PPI). US employment left the door open for the Federal Reserve’s rate hike on December 16. The Fed’s Chair Janet Yellen warned against waiting to raise rates. At the same time, we expect that the US central bank will try to make rate increases as gentle as possible, so the main scenario is that the US dollar won’t have enough strength to continue its ascent against Japanese currency. In the 124.00 area and higher we will likely see Japanese companies selling US dollars. The pair has support at 121.50. A decline below this level will open the way down to 120.00. Still, for the longer term the uptrend support above 119.00 should remain in place taking into account the divergence in policy of the US and Japanese central banks. Another thing, which will have an impact on USD/JPY fluctuations, in the coming week is the market’s risk sentiment. Watch Chinese trade data on Tuesday and inflation figures on Wednesday. Weaker readings will affect the pair, while better readings will be positive. http://fxbazooka.com/upload/tiny/Analytics/2015/December/03/USDJPYDaily.png More: https://fxbazooka.com/en/analitycs/show/7277 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 8, 2015 Report Share Posted December 8, 2015 Forex Analytics EUR/USD: weekly wave analysis Daily. Last week the pair has completely finished descending wave [c] of X, which is an impulse of good shape. At the moment the pair is forming new upward part of the long corrective wave (4). We see the bullish zigzag Z. http://fxbazooka.com/upload/freelance/tiny/%D0%92%D0%BE%D0%BB%D0%BD%D0%BE%D0%B2%D0%BE%D0%B9/Petukhov_7Dezember/eurusd1.PNG H4. This week we expect the price to go a bit higher in the impulse [a], after which the pair will start small downward correction . The approximate scheme of the future move is shown at the chart. http://fxbazooka.com/upload/freelance/tiny/%D0%92%D0%BE%D0%BB%D0%BD%D0%BE%D0%B2%D0%BE%D0%B9/Petukhov_7Dezember/eurusd2.PNG More: https://fxbazooka.com/en/analitycs/show/7299 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 9, 2015 Report Share Posted December 9, 2015 Forex Analytics Forex trading plan for December 9 EUR/USD is trading in the 1.0880/00 area. German industrial production rose less than expected, and the euro area’s Sentix investor confidence index missed expectations as well. Still, there are no market moving news from either the euro area or the United States that will give traders new food for thoughts for traders. The same will be on Wednesday. Resistance is at 1.0900, 1.0985 (55-day MA) and 1.1030/50. Support is at 1.0795 (Monday low) and 1.0760 (November 19 high). GBP/USD slid below 1.5000. British manufacturing production contracted by 0.4% in October. Support is at 1.4950, 1.4888 and 1.4850. Resistance is at 1.5030, 1.5100 and 1.5150. USD/JPY fell to 123.00. Japanese Q3 GDP was revised to the upside. This together with the market’s risk aversion gave the yen the reason to strengthen. Levels of 120.50/20 are now in focus. Resistance is at 123.60. AUD/USD dipped to 0.7200 breaking the short-term uptrend to the downside. Chinese trade data came out weak. China will release inflation figures on Wednesday morning. AUD/USD erased 50% of the advance from November lows. Next support is at 0.7155. Aussie’s divergence with the fallen iron ore is starting to influence the pair. Resistance is at 0.7250 and 0.7280. The Reserve Bank of New Zealand will meet late on Wednesday (20:00 GMT). Manufacturing activity data released on Monday surprised to the upside, but the market is expecting the RBNZ to cut the benchmark rate by 25 bps. Among the arguments for such scenario are low commodity prices, mixed state of New Zealand’s economy and the sense that the upcoming increase in the Federal Reserve’s rate is already priced in USD rate. Support is at 0.6575 and 0.6515/00. If the RBNZ follows Australian and Canadian central banks and leaves rate unchanged, NZD/USD can jump to 0.6680 and 0.6750. It will be also important what the RBNZ signals about the further changes in the interest rate. More: https://fxbazooka.com/en/analitycs/show/7311 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 9, 2015 Report Share Posted December 9, 2015 Forex Analytics Danske Bank: trade signals for December 9 Open positions: EUR/USD: Hold SHORT at 1.1008, TAKE PROFIT 1.0646, STOP LOSS 1.1130 USD/JPY: Hold LONG at 123.00, TAKE PROFIT 124.63, STOP LOSS 122.19 USD/CHF: Hold LONG at 0.9980, TAKE PROFIT 1.0266, STOP LOSS 0.9869 AUD/USD: Hold LONG at 0.7225, TAKE PROFIT 0.7450, STOP LOSS 0.7150 USD/CAD: Hold LONG at 1.3150, TAKE PROFIT 1.3633 (revised), STOP LOSS 1.3429 (revised) NZD/USD: Hold LONG at 0.6640, TAKE PROFIT 0.6792, STOP LOSS 0.6590 EUR/GBP: Hold LONG at 0.7180, TAKE PROFIT 0.7377, STOP LOSS 0.7145 Trade ideas: GBP/USD: SELL at 1.5040, TAKE PROFIT 1.4895, STOP LOSS 1.5125 EUR/JPY: BUY at 132.75, TAKE PROFIT 136.39, STOP LOSS 130.95 EUR/CHF: Possibly BUY EUR/CAD: Possibly BUY GBP/JPY: Possibly SELL _________________________________________________________________ *Danske Bank applies trailing stop orders (moved together with the price) More: https://fxbazooka.com/en/analitycs/show/7317 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 9, 2015 Report Share Posted December 9, 2015 Forex Analytics GBP/CAD: buy target - 2.0600 9 December 2015 By: Dmitriy Chernovolov GBP/CAD broke strong resistance level 2.0290 Next buy target - 2.0600 GBP/CAD continues to rise after the recent breakout of the strong resistance level 2.0290 (which reversed earlier waves (1) and B and which is the upper boundary of the sideways price range inside which the pair has been moving from the middle of October, as you can see below). The price earlier reversed up from the round support level 2.0000 (lower boundary of the aforementioned price range) – starting the active impulse wave (3) – which recently broke the daily Triangle from September. GBP/CAD is likely to rise further in the active impulse waves (3) and ③ toward the next buy target at the resistance level 2.0600. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/GBPCAD%20-%20Primary%20Analysis%20-%20Dec-09%200939%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7320 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 9, 2015 Report Share Posted December 9, 2015 Forex Analytics EUR/AUD: buy targets - 1.5200 and 1.5400 9 December 2015 By: Dmitriy Chernovolov EUR/AUD broke resistance level 1.5000 Next buy targets - 1.5200 and 1.5400 EUR/AUD has been rising steadily in the last few trading sessions – inside the intermediate ©-wave - which started recently – when the pair reversed up with the daily Japanese candlesticks reversal pattern Hammer from the support zone lying between the support level 1.4400 and the support trendline of the recent daily down channel from September. The pair then broke the aforementioned down channel and the round resistance level 1.5000. EUR/AUD is likely to rise further toward the next buy targets at the next resistance levels 1.5200 and 1.5400. Buy stop-loss can be placed at half the daily ATR (Average True Range) below the recently broken price level 1.5000. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/EURAUD%20-%20Primary%20Analysis%20-%20Dec-09%200938%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7319 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 10, 2015 Report Share Posted December 10, 2015 Forex Analytics Forex trading plan for December 10 https://www.youtube.com/watch?v=hJRLadfC22c Oil prices returned above $40 per barrel after declining to $39.80 on Tuesday, but remained under pressure. US dollar index fell approaching December 3 lows (97.60) as American currency was hit versus the euro and Japanese yen. EUR/USD rose to 1.0980. Germany’s trade surplus rose exceeding expectations. A break higher will bring the single currency to resistance at 1.1050 and 1.1100. Support is at 1.0850, 1.0800 and 1.0760. GBP/USD went up above 1.5100. The Bank of England will announce its policy decision at 12:00 GMT. No changes are expected. Above 1.5110 there is potential for increase to 1.5160 and 1.5190. Support is at 1.5030/00. USD/JPY fell below the bottom of its monthly range. Japanese yen was in demand on the back of the market’s risk aversion and news that Japanese core machinery order jumped by 10.7%, while a decline of 1.5% was expected. Daily close below 122.20 will be a negative sign, though there will be still support at 121.50. Failure here will open the way down to 120.85 and probably lower (119.50). Resistance is at 122.35 and 123.00. AUD/USD tested 0.7172 on the downside, but then returned to the 0.7200 area. Australia will release labor market data at 00:30 GMT on Thursday, the forecast is negative. Resistance is at 0.7250 and 0.7280 and we prepare to sell Aussie at these levels. Support is at 0.7200 and 0.7155. NZD/USD is holding above the 0.6600 support. Most economists expect the Reserve Bank of New Zealand to cut rate late on Wednesday. The meeting will be followed by 2 speeches of the RBNZ Governor Wheeler (20:05 GMT on Wednesday and 00:10 GMT on Thursday). What Wheeler says is going to be very important for the pair. Support is at 0.6500 (trend line), while resistance lies at 0.6687 and 0.6787. More: https://fxbazooka.com/en/analitycs/show/7322 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 11, 2015 Report Share Posted December 11, 2015 Forex Analytics GBP/CAD: buy targets - 2.0800 and 2.1000 11 December 2015, 09:49Comments: 0 By: Dmitriy Chernovolov GBP/CAD reached buy target 2.0600 Next buy targets - 2.0800 and 2.1000 GBP/CAD recently rose sharply – breaking through the resistance level 2.0600, which was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 2.0600 is likely to accelerate the active intermediate impulse wave (3) – which recently broke the resistance level 2.0290 and the daily Triangle from September. GBP/CAD is likely to rise further in the active impulse waves (3) and ③ toward the next buy target at the resistance level 2.0800 – the breakout of which can lead to further gains toward 2.1000 (measured price forecast for the breakout of the aforementioned Triangle). http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/GBPCAD%20-%20Primary%20Analysis%20-%20Dec-11%201020%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7338 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 11, 2015 Report Share Posted December 11, 2015 Forex Analytics EUR/CAD: buy target - 1.5200 11 December 2015 By: Dmitriy Chernovolov EUR/CAD reached buy targets 1.4800 and 1.4900 Next buy target - 1.5200 EUR/CAD has been rising sharply in the last few trading sessions – breaking through the two consecutive resistance levels 1.4800 and 1.4900 – both of which were set as the buy targets in our earlier forecast for this currency pair. The breakout of these resistance levels further accelerated the active intermediate ©-wave from the start of December – which is indicated by the rising daily Momentum indicator. The pair is currently approaching the round resistance level 1.5000. If the price breaks above this price level - EUR/CAD can then rise toward the next buy target at the resistance level 1.5200 (which stopped the B-wave of the previous ABC correction (B) from August). http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/EURCAD%20-%20Primary%20Analysis%20-%20Dec-11%201029%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7339 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 14, 2015 Report Share Posted December 14, 2015 Forex Analytics GBP/USD: forecast for December 14-20 By Elizabeth Belugina British pound had another volatile week. Cable fell as British manufacturing production declined more than expected. Then GBP/USD formed a higher low in the 1.4955 area and then recovered to 1.5200. The Bank of England left policy unchanged underlining that inflation in the UK is low because of the fall in oil prices. 8 policymakers voted to keep the benchmark rate unchanged at 0.5%. According to its forecast, headline inflation will remain below 1.0% during the first half of 2016. Oil prices decline is negative for the pound. Next week pay attention to British consumer inflation figures on Tuesday, labor market figures on Wednesday and retail sales on Thursday. Technically support in 1.5000/1.4950 area once again proved to be strong: the price quickly bounced from these levels. There’s some space for increase to 1.5300 area, but to gain beyond that pound needs brighter economic figures and recovery in oil. We expect high volatility to persist and the bears to keep trying to pull British pound lower. http://fxbazooka.com/upload/tiny/Analytics/2015/December/10/GBPUSDDaily.png More: https://fxbazooka.com/en/analitycs/show/7340 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 14, 2015 Report Share Posted December 14, 2015 Forex Analytics USD: forecast for December 14-20 By Elizabeth Belugina US dollar was rather weak during the past week. Traders and speculators have been obviously adjusting their positions ahead of the Federal Reserve’s meeting and the year-end. The greenback did strengthen though versus commodity currencies, especially Canadian dollar, as oil prices renewed multiyear minimums still affected by OPEC decision not to cut production. Still, other central banks – the Swiss National Bank and the Reserve Bank of New Zealand – didn’t ease policy and it helped their currencies to hold ground versus the US dollar. As a result, the US dollar index, which was rejected down from the key 100.00 area, slid to the levels just above 97.00. http://fxbazooka.com/upload/tiny/Analytics/2015/December/10/US%20dollar%20index.png The long-awaited Fed’s meeting will finally take place next week on Wednesday. The market is now quite sure that the US central bank will deliver a rate hike. According to the Fed fund futures, the possibility of the Federal Reserve raising rates this month accounts for 85%. It seems likely that the Fed’s meeting won’t give the US dollar much strength as the process of monetary tightening in the US will likely be slow and gradual. American regulator will try to make policy tightening as painless for the economy as possible. At the same time, the risks of a squeeze down in USD on a dovish Fed have reduced as well: firstly, the positioning is less long on USD, and, secondly, the Fed probably won’t express that big concerns about how expensive the greenback is. All in all, there are chances that the market’s reaction to the Fed’s rate decision will be rather calm. Other important economic releases can be seen in our economic calendar. More: https://fxbazooka.com/en/analitycs/show/7343 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 14, 2015 Report Share Posted December 14, 2015 Forex Analytics EUR/USD: forecast for December 14-20 By Elizabeth Belugina EUR/USD tested higher levels in the past week, though remained below important resistance marks. The market’s attention will be focused on the upcoming meeting of the Federal Reserve. Although we don’t expect so see big bullish drivers for the American currency, we can’t forget that a rate hike, even small, will once again increase divergence in monetary policy between the Fed and the ECB. This divergence is in favor of the US dollar. The past week gave no important information about the euro zone’s economy. Next week the most important events in the European economic calendar will be flash manufacturing and services PMIs on Wednesday, because it’s the most recent and fresh data. Also watch German releases: ZEW economic sentiment on Tuesday and Ifo business climate on Friday. Remember that high euro will be very unwelcome by the European Central Bank: the policymakers will have to intervene, at least verbally, if the advance continues. There are still many resistance levels on the upside: daily MAs, bottom of the daily Ichimoku Cloud at 1.1060, 61.8% Fibo of the October-November decline at 1.1115 and 1.1215/40 (weekly Ichimoku Cloud bottom). Supportisat 1.0880, 1.0800 and 1.0735. http://fxbazooka.com/upload/tiny/Analytics/2015/December/10/EURUSDDaily.png More: https://fxbazooka.com/en/analitycs/show/7342 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 14, 2015 Report Share Posted December 14, 2015 Forex Analytics USD/JPY: forecast for December 14-20 By Elizabeth Belugina USD/JPY broke below the bottom of its monthly range in the 122.20 area. Lower commodity prices increased demand for the yen as a safe haven making the pair decline. In addition, there were some positive surprises in Japan’s economic statistics. The best news was that Japanese GDP growth for Q3 was revised up from -0.2% to +0.3%. As a result, the nation is no longer in technical recession. http://fxbazooka.com/upload/tiny/Analytics/2015/December/10/Japan%20GDP.png Pay attention to Japanese Tankan manufacturing & services indexes on Monday. On Friday there will be the Bank of Japan’s meeting and press conference. The central bank is expected to keep monetary policy unchanged, and that should support the yen. The upcoming meeting of the Federal Reserve on Wednesday will surely also influence the pair: the impact of the rate hike should be positive in the short term, though we don’t think that it will give dollar much strength. Support is at 121.45 (top of the weekly Ichimoku Cloud). Failure here will bring the pair down to 120.70, 120.20 opening the way down to 119.00. Resistanceisat 123.60. http://fxbazooka.com/upload/tiny/Analytics/2015/December/10/USDJPYDaily.png More: https://fxbazooka.com/en/analitycs/show/7341 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 15, 2015 Report Share Posted December 15, 2015 Forex Analytics Forex trading plan for December 15 By Elizabeth Belugina https://www.youtube.com/watch?v=TuXNUvy0kbA The market is waiting for the Fed’s meeting on Wednesday. Falling oil is the main newsmaker. EUR/USD: The pair remained last week below the resistance at 1.1030 (200-day MA). Below 1.0950 the euro will slide to 1.0915 and 1.0880. Rise above 1.1030 will provoke another round of short covering and open the way to 1.1115 (61.8% Fibo of decline from October high). Watch German ZEW economic sentiment at 10:00 GMT (forecast is positive). GBP/USD: The pair is forming bearish engulfing candle on the daily chart, so the pound is vulnerable for a decline to 1.5030/00. There’s some support at 1.5107/00 (October low). Pound was sold on some dovish comments from the Bank of England and weak oil. Britain will release a block of inflation data at 09:30 GMT. Resistance is at 1.5200/30 and 1.5270 (daily Ichimoku Cloud). USD/JPY: The pair found support in the 120.60 area. We expect an increase from here, but think that the pair will meet new selling pressure on recoveries to 121.05 and 121.50/60. Cautious risk sentiment and good data from Japan created demand for the yen. Below 120.60 support is at 120.22/00. AUD/USD: The pair managed to return above the 100-day MA at 0.7188. The 55-day MA is about to cross this line to the upside that will be a positive sign. However, a lower high formed last week mean that selling pressure will persist. The minutes of the Reserve Bank of Australia’s meeting will be released at 00:30 GMT. Resistance is still at 0.7250 and 0.7280. Falling commodity prices won’t allow Aussie to recover much from here, so the potential trade involves selling at resistance. More: https://fxbazooka.com/en/analitycs/show/7361 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 15, 2015 Report Share Posted December 15, 2015 Forex Analytics GBP/NZD: sell target - 2.2000 15 December 2015 By: Dmitriy Chernovolov GBP/NZD broke support level 2.2600 Next sell target - 2.2000 GBP/NZD continues to fall after the recent breakout of the support level 2.2600 (which earlier reversed previous waves 3 and (A) in October, as you can see below). The breakout of the support level 2.2600 is likely to accelerate the active minor impulse wave 3, which belongs to the sharp intermediate ©-wave – which, in turn, belongs to the primary ABC correction ② from the end of August. GBP/NZD is likely to fall further in the active waves 3, © and ② toward the next sell target at the support level 2.2000. Sell stop-loss can be placed at half the daily ATR (Average True Range) above the resistance level 2.2600. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/GBPNZD%20-Primary%20Analysis%20-%20Dec-15%201048%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7368 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 15, 2015 Report Share Posted December 15, 2015 Forex Analytics AUD/NZD: Likely to fall to 1.0500 15 December 2015 By: Dmitriy Chernovolov AUD/NZD falling inside impulse waves (3) and ③ Likely to fall to 1.0500 AUD/NZD has been falling sharply in the last 2 weeks inside the active primary impulse wave ③. This impulse wave started in November – when the previous primary ABC correction ② was stopped by the resistance zone lying between the resistance level 1.1100, the upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward impulse wave ① from August. AUD/NZD is likely to continue to fall in the active impulse waves (3) and ③ toward the next sell target at the pivotal support level 1.0500 (which stopped the previous impulse wave ① in October). http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/AUDNZD%20-Primary%20Analysis%20-%20Dec-15%201054%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7369 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 16, 2015 Report Share Posted December 16, 2015 Forex Analytics USD/CHF: buy target - 1.0000 16 December 2015 By: Dmitriy Chernovolov USD/CHF reversed from support zone Likely to rise to 1.0000 USD/CHF recently reversed up from the support zone lying between the support level 0.9800 (former strong resistance from September), lower daily Bollinger Band and the Fibonacci cluster made out of the 61.8% Fibonacci Correction of the previous impulse (iii) from October and the 50% Fibonacci Correction of the longer-term upward impulse from August. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer. USD/CHF is likely to rise further in the active impulse waves 3 and (3) toward the next buy target at the parity. Buy stop-loss can be placed below the support level 0.9800. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/USDCHF%20-%20Primary%20Analysis%20-%20Dec-16%201034%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7381 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 17, 2015 Report Share Posted December 17, 2015 Forex Analytics EUR/USD: sell targets - 1.0700 and 1.0800 17 December 2015 By: Dmitriy Chernovolov EUR/USD falling inside minor B-wave Next sell targets - 1.0700 and 1.0800 EUR/USD continues to fall after the recent downward reversal from the resistance zone lying between the resistance level 1.100, the upper daily Bollinger Band and the 38.2% Fibonacci Correction of the previous sharp downward impulse wave from the end of August. The downward reversal from this resistance zone completed the previous B-wave of the active intermediate ABC correction (4) from the start of December. EUR/USD is likely to fall further in the active minor B-wave toward the next sell target at the support level 1.0800 – the breakout of which can lead to further losses toward 1.0700. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/EURUSD%20-%20Primary%20Analysis%20-%20Dec-17%201028%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7389 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 17, 2015 Report Share Posted December 17, 2015 Forex Analytics USD/CAD: buy target - 1.4000 17 December 2015 By: Dmitriy Chernovolov USD/CAD reached buy targets levels 1.3600 and 1.3800 Next buy target - 1.4000 USD/CAD has been rising steadily in the last few trading sessions– reaching the resistance levels 1.3600 and 1.3800, both of which were set in our previous forecast as the buy targets for this currency pair. The breakout of the resistance level 1.3800 is likely to accelerate the active impulse 5 of the intermediate impulse wave (3) from the end of November. USD/CAD is likely to rise further toward the next buy target at the round resistance level 1.4000 (target price for the completion of the active impulse wave (3) and the measured price forecast for the earlier breakout of the daily Triangle from September). http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/USDCAD%20-%20Primary%20Analysis%20-%20Dec-17%201026%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7390 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 18, 2015 Report Share Posted December 18, 2015 Forex Analytics CAD/JPY: sell target - 86.00 18 December 2015 By: Dmitriy Chernovolov CAD/JPY falling inside impulse waves (iii) and 3 Next sell target - 86.00 CAD/JPY continues to fall after the recent downward reversal from the resistance zone surrounding the strong resistance level 89.00 (former strong support from September and the buy target set previously for this currency pair). The price reversed down sharply from the resistance level 89.00 – accelerating the active minor impulse waves (iii) and 3 – which belong to the intermediate impulse wave (3) from October. Having recently broken the support level 88.00 - CAD/JPY is likely to fall further toward the next sell target at the next support level 86.00. Strong resistance remains at 89.00. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/CADJPY%20-%20Primary%20Analysis%20-%20Dec-18%201034%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7400 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 18, 2015 Report Share Posted December 18, 2015 Forex Analytics CHF/JPY: sell target - 121.00 18 December 2015 By: Dmitriy Chernovolov CHF/JPY reversed from resistance zone Next sell target - 121.00 CHF/JPY recently reversed down from the resistance zone lying between the resistance level 123.50, the upper daily Bollinger Band, 61.8% Fibonacci correction of the previous sharp downward impulse wave 1 from October and the former support trendline of the earlier daily up channel from September (acting as resistance now after it was broken). The downward reversal from the aforementioned resistance zone completed the previous minor correction 2 of the 3rd intermediate impulse wave (3) from October. CHF/JPY is likely to fall further to the next sell target at the next support level 121.00. http://fxbazooka.com/upload/freelance/tiny/DIMA%20CHE/CHFJPY%20-%20Primary%20Analysis%20-%20Dec-18%201035%20AM%20(1%20day).png More: https://fxbazooka.com/en/analitycs/show/7401 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted December 21, 2015 Report Share Posted December 21, 2015 Forex Analytics US dollar: forecast for December 21-27 US dollar showed moderate gains in the past week. The market regarded the outcome of the Federal Reserve’s meeting as more hawkish than expected: the Federal funds rate range was increased by 25 bps and the forecast of the 4 rate hikes in 2016 remained unchanged. http://fxbazooka.com/upload/tiny/Analytics/2015/December/20/DXY%20weekly.png After the net bullish dollar positions declined in the first half of December and the currency corrected to the downside, it can now draw more support from the Fed’s decision. Looking forward we think that the greenback will be able to gain the medium term, though its gains will be gradual. Stock markets have responded to the Fed’s rate hike rather well, so the market’s risk sentiment should be supportive for American currency against the euro, Japanese yen and Swiss franc. This week watch US final Q3 GDP on Tuesday and a big block of data on Wednesday, including core durable goods orders and new home sales. At the same time, year-end flows will reduce the importance of fundamental drivers and can hurt dollar. On the other hand, keep an eye on oil, which remains extremely volatile: there may be further declines, so USD can gain more versus commodity currencies. More: https://fxbazooka.com/en/analitycs/show/7416 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
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