photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 285 of 285 FirstFirst ... 185 235 275 283 284 285
Results 2,841 to 2,848 of 2848

Thread: Wave Analysis by InstaForex

  1. #2841
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Trump's trade policy continues to work

    The euro continued to decline against the US dollar in the morning of Monday, August 6, amid the lack of important fundamental statistics, as well as expectations of further interest rate hikes in the United States.

    Data on the sharp decline in orders in Germany put pressure on risky assets.

    According to a report by the German Ministry of Economy, production orders in Germany declined sharply in June this year due to falling demand from countries outside the eurozone.

    This suggests that the current tensions in trade relations are already affecting the indicators, which will further exacerbate tensions between the US and the EU.

    As indicated in the report, orders in the manufacturing sector in Germany in June 2018 fell by 4.0% compared to May, while economists had forecast a decline in orders by 0.5%.

    The ministry confirmed the fact that the uncertainty of the prospects of trade policy played a key role.

    External orders in the German manufacturing sector in June fell by 4.7% compared to May, while domestic production orders decreased 2.8% compared to the previous month.




    As I noted above, a particular decrease in orders was observed from countries that are not members of the eurozone. Here the figure fell by 5.9%. Compared to the same period of the previous year, orders in the German manufacturing sector decreased by 0.8%. As for the technical picture of the EUR/USD pair, then, most likely, the pressure on the euro will continue.

    The breakthrough of support of 1.1530 will lead to new large sales in risky assets, with an exit to the lows of the month in the area of 1.1480 and 1.1440.

    The only hope of buyers in the short term is a return to the resistance of 1.1565, which will lead to an upward correction in the area of 1.16 and 1.1630.

    The British pound continued to decline, ignoring the report on the volume of consumer lending in the UK, which in June this year has not changed compared to may.

    This shows that consumer spending will continue to grow in the future. According to the Bank of England, in June 2018, net consumer lending to consumers in June amounted to 5.4 billion pounds against 5.3 billion pounds in May. Credit cards in June amounted to 1.6 billion pounds.

    As for mortgage loans, the number was at the level of 65,619. As for the technical picture of the GBP/USD pair, the recovery prospects are also quite far. Brexit and uncertainty with a further increase in interest rates in the UK continue to weigh on the pound.

    The current main goal of the sellers of the pound is the lows of 1.2890 and 1.2815.

    If we talk about the prospects for an upward correction, then, apparently, it will be limited in the area of resistances 1.2960 and 1.3000.

    Read more: https://www.instaforex.com/forex_analysis/211213
    Best Regards,
    PR Manager
    InstaForex Companies Group

  2. <a href="http://www.mt5.com/forex_humor">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  3. #2842
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Elliott wave analysis of EUR/JPY for August 8, 2018



    EUR/JPY has rallied nicely from the 128.48 low and is ready to test the short-term important resistance at 129.62. This resistance might be spiked, but likely only shortly and then cause a corrective decline to 129.00 before trying to push higher again.

    To confirm that wave ii/ completed with the 128.48 test, we need a clear break above 129.62 and upside acceleration towards important resistance at 131.15. A break above this resistance confirms our preferred scenario and calls for a rally towards 135.74 - 135.79 next.

    R3: 130.61

    R2: 130.33

    R1: 130.08

    Pivot: 129.62

    S1: 129.24

    S2: 129.00

    S3: 128.78

    Trading recommendation:

    We are long EUR from 128.72. We will take half profit at 129.50 and keep our stop at 128.45 for the rest.

    Read more: https://www.instaforex.com/forex_analysis/121680
    Best Regards,
    PR Manager
    InstaForex Companies Group

  4. #2843
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    GBP/AUD Approaching Support, Prepare For A Bounce!

    GBP/AUD is approaching its support at 1.7274 (61.8% Fibonacci extension 50% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce up to its resistance at 1.7571 (38.2% Fibonacci retracement, horizontal pullback resistance).

    Stochastic (89, 5, 3) is approaching its support at 1.712% where a corresponding bounce could occur.

    GBP/AUD is approaching its support where we expect to see it bounce.

    Buy above 1.7274. Stop loss at 1.7087. Take profit at 1.7571. . . . . . .




    #theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #******** #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket

    Read more: https://www.instaforex.com/forex_analysis/121756
    Best Regards,
    PR Manager
    InstaForex Companies Group

  5. #2844
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Fundamental Analysis of AUD/JPY for August 10, 2018

    AUD/JPY has been quite impulsive with the recent bearish gains which lead the price to reside below 82.00 support area with a daily close recently. Though the price has been quite volatile and corrective earlier as the price cleared one of the importance levels in the process, further bearish momentum is expected.


    AUD has been struggling with the mixed economic reports recently which lead the currency to weaken further in the process against JPY. Today JPY Prelim GDP report was published with a significant increase to 0.5% from the previous negative value of -0.2% which was expected to be at 0.3%, PPI increased to 3.1% from the previous value of 2.8% which was expected to be at 2.9% and Prelim GDP Price Index performed better than expected at 0.1% though decreasing from the previous value of 0.5% but better than expected value of 0.0%.

    On the AUD side, today RBA Monetary Policy Statement was held which was quite neutral with the outcome leading the currency to a certain indecisive phase in the process. Despite the mixed economic reports, economically AUD is a bit struggling to gain momentum in the market which resulted to further bearish pressure in the process.

    As of the current scenario, JPY is expected to gain further over AUD resulting further bearish momentum in the process. As JPY performing better sentimentally and fundamentally, it is expected to dominate AUD further in the coming days.

    Now let us look at the technical view. The price is currently residing below 82.00 area and dynamic level of 20 EMA with a daily close, which is expected to push the price much lower towards 80.50 area in the coming days. As the price remains below 84.50 area with a daily close, the bearish bias is expected to continue further.

    SUPPORT: 80.50

    RESISTANCE: 82.00, 84.50

    BIAS: BEARISH

    MOMENTUM: IMPULSIVE



    Read more: https://www.instaforex.com/forex_analysis/121842
    Best Regards,
    PR Manager
    InstaForex Companies Group

  6. #2845
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Analysis of Gold for August 15, 2018



    Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,184.20. According to the M30 time – frame, I found a broken bearish flag in the background, which is a sign that sellers are in control. My advice is to watch for potential selling opportunities on the rallies. The downward target is set at the price of $1,179.00.

    Resistance levels:

    R1: $1,197.00

    R2: $1,201.07

    R3: $1,204.00

    Support levels:

    S1: $1,190.65

    S2: $1,187.80

    S3: $1,184.00

    Trading recommendations for today: watch for potential selling opportunities.

    Read more: https://www.instaforex.com/forex_analysis/122119
    Best Regards,
    PR Manager
    InstaForex Companies Group

  7. #2846
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Elliott wave analysis of EUR/NZD for August 16, 2018



    A break above resistance at 1.7355 is still needed to confirm that red wave ii has completed and red wave iii to above 1.7484 is developing. Short-term, we see support at 1.7262 and again at 1.7238. The later will ideally be able to protect the downside for the break above 1.7355 towards 1.7484 and above, with the next important targets seen at 1.7924 and 1.8369.

    R3: 1.7484

    R2: 1.7417

    R1: 1.7355

    Pivot: 1.7299

    S1: 1.7270

    S2: 1.7243

    S3: 1.7220

    Trading recommendation:

    We are long EUR from 1.7245 with our stop placed at 1.7215.

    Read more: https://www.instaforex.com/forex_analysis/122146
    Best Regards,
    PR Manager
    InstaForex Companies Group

  8. #2847
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    Fundamental Analysis of USD/CHF for August 17, 2018

    USD/CHF has been quite volatile and corrective recently which is heading towards the resistance area of 0.9980 with certain bullish pressure.

    CHF has been struggling recently with the economic reports, whereas USD has been performing better than expected which leads the bullish pressure to continue with certain squeeze on the upside.

    Recently, CHF PPI report has been published with a decrease to 0.1% from the previous value of 0.2% which was expected to increase to 0.3%.

    The worse economic results did empower USD to gain good momentum over CHF, whereas ahead of the upcoming CHF Trade Balance report, certain volatility may remain in the market.

    On the USD side, Retail Sales report has recently been published with an increase to 0.5% from the previous value of 0.2% which was expected to decrease to 0.1% and Core Retail Sales also has increased to 0.6% from the previous value of 0.2% which was expected to be at 0.3%.

    The positive economic results did provide the needed boost for the currency, whereas CHF was struggling to impress the market sentiment.

    Today, USD Prelim UoM Consumer Sentiment report is going to be published which is expected to increase to 98.1 from the previous figure of 97.9 and CB Leading Index is expected to decrease to 0.4% from the previous value of 0.5%.

    As of the current scenario, ahead of the CHF Trade Balance next week, USD is expected to remain consistent with the gains having better economic results backing it. As USD manages to publish better reports, further gain on the bullish side is expected in this pair. Now let us look at the technical view.

    The price is currently residing at the edge of the 0.9980 area from where a daily close above it is expected to inject further bullish momentum in the pair which is more likely as of the current price formation.

    As the price closes above 0.9980 with a daily close, further bullish momentum with target towards the 1.0050 area is expected.

    On the other hand, if the price fails to break above 0.9980, certain bearish pressure is expected which will continue the bullish squeeze further in the coming days.

    SUPPORT: 0.9850

    RESISTANCE: 0.9980, 1.0050

    BIAS: BULLISH

    MOMENTUM: VOLATILE

    Read more: https://www.instaforex.com/forex_analysis/122208
    Best Regards,
    PR Manager
    InstaForex Companies Group

  9. Fb
  10. #2848
    My pips hand is weak
    ----
     
    Ifxbuk is an unknown quantity at this point Ifxbuk's Avatar
    Join Date
    Feb 2018
    Posts
    159
    Accumulated bonus
    324.58 USD
    Thanks
    0
    Thanked 4 Times in 5 Posts
    AUD/USD Reversed Off Resistance, Prepare For Further Drop!

    AUD/USD reversed off its resistance at 0.7320 (100% & 61.8% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 0.7245 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected. AUD/USD reversed off its resistance where we expect to see a further drop. Sell below 0.7320. Stop loss at 0.7245. Take profit at 0.7364.



    Read more: https://www.instaforex.com/forex_analysis/122277
    Best Regards,
    PR Manager
    InstaForex Companies Group

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.