Forex news and Analysis form InstaForex

Date: 21-10-2014 3:45 pm (9 years ago) | Author: InstaForex
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- at 21-10-2014 03:45 PM (9 years ago)
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Dear traders, participants and guests of the portal,

In this thread we present fresh Forex News Our news contain exhaustive information about topical events and facts of the financial world; we offer international statistical data in order to help you correct and enhance your trading strategy. We also present video news from InstaForex-TV portal. InstaForex-TV channel provides the latest information about fluctuations of currency rates and forecasts their influence on the future movement of currencies. Our news will be especially useful if you prefer intraday trading and use fundamental analysis.


Posted: at 21-10-2014 03:45 PM (9 years ago) | Newbie
- InstaForexYe at 19-11-2014 02:47 PM (9 years ago)
(f)
Gold Daily Outlook

Gold has broken major resistance $1200 and bounce back till $1213 (50% retracement of $1296 and $1130). On the upper side any break above $1213  will target $1237/1255. Intraday trend reversal -$1175. Any break below will target 1160/1130. It is good to buy at dips for target of $1213/1237. Recommendation: Buy gold around 1190, SL 1175, Target $1213/1237.

Posted: at 19-11-2014 02:47 PM (9 years ago) | Newbie
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- InstaForexYe at 21-11-2014 02:25 PM (9 years ago)
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Technical analysis of EUR/USD for November 21, 2014

Today, the economic calendar of Europe and the US lack any reports. So, considering this fact, there is probability the EUR/USD pair will move with low volatility during the trading day. TODAY TECHNICAL LEVELS: Breakout BUY Level: 1.2608. Strong Resistance:1.2601. Original Resistance: 1.2588. Inner Sell Area: 1.2575. Target Inner Area: 1.2545. Inner Buy Area: 1.2515. Original Support: 1.2502. Strong Support: 1.2489. Breakout SELL Level: 1.2482. Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Read more: https://www.instaforex.com/forex_analysis/53609/

Posted: at 21-11-2014 02:25 PM (9 years ago) | Newbie
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- InstaForexYe at 24-11-2014 11:40 AM (9 years ago)
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Technical analysis of EUR/JPY for November 24, 2014

General overview for 24/11/2014 09:10 CET

After finding support at the level of 145.59 which is a higher time frame important level, the corrective cycle labeled here as wave W brown looks to be completed. Now, the market is trying to resume the impulsive rally to the upside. The golden trend line is still providing dynamic resistance and only a clear breakout above the key level at the mark of 146.75 might indicate the market will try to test the recent swing high at the level of 149.14. Otherwise, a failure here would mean, the corrective cycle will be more complex and time-consuming.

Support/Resistance:
149.14 - Swing High
147.98 - WR1
146.75 - Intraday Resistance|Key Level|
146.38 - Weekly Pivot
145.67 - Technical Support
145.59 - Intraday Support
144.70 - Old Wave Four Low
143.68 - WS1
142.08 - WS2

Trading recommendations:

Day traders should consider opening buy orders only if the level of 146.75 is violated. SL then should be placed below the level of 145.59 and TP level in longer term should aim for the level of 147.98 and 149.14.

Posted: at 24-11-2014 11:40 AM (9 years ago) | Newbie
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- InstaForexYe at 25-11-2014 04:18 PM (9 years ago)
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Technical analysis of GBP/CHF for November 25, 2014 

Technical outlook and chart setups:

The GBP/CHF pair has paused around the 1.5200/20 levels as seen here, around the fibonacci 0.50 resistance. It is still recommended to hold remaining long positions with a risk at break even. The pair might be looking to push through 1.5300 levels from here, which is also the support turned resistance zone, as depicted here. Resistance is seen at 1.5450 levels, followed by 1.5475, and 1.5550 levels while support is seen at 1.5100, followed by 1.5025, 1.4950 and lower respectively. Bulls could be looking to remain in control till 1.5300 levels at least.

Trading recommendations:

Remain long on remaining positions for now, move stop to break even levels, the target is at 1.5300.

Good luck!


Posted: at 25-11-2014 04:18 PM (9 years ago) | Newbie
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- InstaForexYe at 26-11-2014 11:29 AM (9 years ago)
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Technical analysis and trading recommendation on GBP/JPY for November 26, 2014

The pound continues its winning streak for 6 weeks in a row. This week the cross is unable to breach the previous week high at 186.15. We recommend fresh buying only above the 186.20 levels. Today, the pair opened on a bearish note. The pair has support at 184.89. In case if the prices close above 186.15 on a daily basis, the pair challenges 186.90, 187.45, and 188.30. On the down side, in case if the price falls below 184.89, the pair can correct up to 184.70, 184.50, and 184.00. The panic will be triggered below the 183.90 levels. In the hourly chart, the prices are forming continuous symmetric triangle. We recommend risky trade buying above 185.60 with immediate targets at 186.00 and 186.10. For bears, we recommend selling below 184.50 with the targets at 184.30, 184.00, and 183.60. Risky traders can sell below the 184.70 levels. Today, the focus has shifted to second estimate of UK's GDP.

Posted: at 26-11-2014 11:29 AM (9 years ago) | Newbie
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- InstaForexYe at 27-11-2014 01:06 PM (9 years ago)
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Technical analysis of EUR/JPY for November 27, 2014

Technical outlook and chart setups:

The EUR/JPY has been drifting sideways for the last 2 trading sessions as depicted above. Please note that the immediate support trend line was breached earlier and the prices had dropped to 145.57. Since then, the pair has been trading in a range and might be preparing for a push higher towards 151.00 levels at least. Immediate support is at 145.50/57 (interim), followed by 145.00, 143.20/30 and lower, while resistance is seen at 149.00 levels respectively. It is recommended to hold long positions taken earlier, risk below the 145.50 levels. Bulls are expected to remain in control, till the prices remain above 145.50.

Trading recommendations:

Remain long, stop at 145.40/50, the target is 151.00 and 154.00.

Good luck!


Posted: at 27-11-2014 01:06 PM (9 years ago) | Newbie
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- InstaForexYe at 28-11-2014 09:56 AM (9 years ago)
(f)
Technical analysis of Silver for November 28, 2014 2014

Technical outlook and chart setups:

Silver remains structurally constructive for bulls till prices are above $15.90 levels and also in the buy zone of the support trend line. The metal is trading at $16.11 at the moment, after testing sub $16.00 levels today. Immediate support is seen at $15.90 levels, followed by $15.30, $15.00 and lower while resistance is seen at $17.40/50, followed by $17.80/18.00 levels and higher respectively. It is recommended to remain long, with risk around $15.50. The overall structure is no doubt bearish but the metal could possibly push higher till $15.90 remains intact.

Trading recommendations:

Remain long for now, stop at $15.50, the target is open.

Good luck!

Posted: at 28-11-2014 09:56 AM (9 years ago) | Newbie
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- InstaForexYe at 1-12-2014 10:10 AM (9 years ago)
(f)
Technical analysis of GBP/CHF for December 01, 2014

Technical outlook and chart setups:

The GBP/CHF pair seems to have formed base around 1.5075 levels as seen here. It is the fibonacci 0.50 support of the rally from 1.4950 to 1.5225 levels. A bullish turn around from these levels could raise price levels into the 1.5300/40 levels easily. It is therefore recommended to hold long positions for now, risk around 1.5000 levels. Immediate support is seen at 1.5075 (interim), followed by 1.5020, 1.4950 and lower while resistance is seen at 1.5225 (interim), followed by 1.5300, 1.5450, and 1.5550 respectively. A rally through 1.5300 levels seems quite possible for now.

Trading recommendations:

Remain long, stop below 1.5000, the target is at 1.5300/50.

Good luck!

Posted: at 1-12-2014 10:10 AM (9 years ago) | Newbie
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- InstaForexYe at 3-12-2014 11:33 AM (9 years ago)
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Technical analysis of Gold for December 03, 2014

Technical outlook and chart setups:

Gold is looking to retrace the rally from $1,142.00 to $1,220.00 levels for now. Minimum level of expectations are around $1,170.00/75.00 levels if not lower. It is then recommended to initiate long positions, with risk below $1,140.00 levels. Immediate support on the daily chat view here is seen at $1,142.00, followed by $1,130.00 and lower, while resistance is seen at $1,235.00, followed by $1,255.00 and higher respectively. Bulls seem to be in control for now and till prices remain above $1,130.00/40.00 mark. A push above $1,220.00 would take the pair towards at least $1,255.00/60.00 levels.

Trading recommendations:

Remain flat for now. Look to buy around $1,175.00, stop at $1,240,00, target is $1,255.00.

Good luck!

Posted: at 3-12-2014 11:33 AM (9 years ago) | Newbie
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- InstaForexYe at 4-12-2014 01:10 PM (9 years ago)
(f)
Technical analysis of Gold for December 04, 2014

Technical outlook and chart setups:

Gold is expected to form a gartley, before rallying to higher levels. The metal is seen trading around the $1,204.00/06.00 levels at the moment. A drop below $1,190.00 would suffice minimum requirement and optimum level for the next low would be $1,174.00 levels. As depicted here, a convergence is also seen at $1,172.00/74.00 levels, where the retracement (blue) and extension levels (red) of the respective swings. Immediate support is seen at $1,190.00 (interim), followed by $1,170.00, $1,142.00 and lower while resistance is seen at $1,215.00/20.00 levels, followed by $1,235.00, $1,255.00 and higher respectively. It is recommended to remain flat for now and look to buy lower from here.

Trading recommendations:

Looking to long around $1,175.00, stop $1,130.00, the target is at $1,255.00.

Good luck!

Posted: at 4-12-2014 01:10 PM (9 years ago) | Newbie
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- InstaForexYe at 5-12-2014 10:41 AM (9 years ago)
(f)
Technical analysis of Silver for December 05, 2014

Technical outlook and chart setups:

Silver could be seen trading in a subdued range between $16.30 and $16.60 levels recently. The metal is expected to drop in a corrective manner into $15.30/50 levels at least before the rally resumes. Bulls had taken out immediate resistance at $16.70 earlier and a drop towards $15.30 may be a potential right shoulder formation of an inverted head and shoulder, before the rally resumes further. Bottom line is that $14.50 support should hold for now. Immediate support is seen at $15.30/50, followed by $14.50 and lower while resistance is $16.80 (interim), followed by $17.40/50, $17.80/18.00 levels and higher respectively.

Trading recommendations:

 Looking to buy at lower levels around $15.30.

 Good luck!

Posted: at 5-12-2014 10:41 AM (9 years ago) | Newbie
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- InstaForexYe at 8-12-2014 10:40 AM (9 years ago)
(f)
Technical analysis of EUR/USD for December 08, 2014

When the European market opens, some economic news will be released such as German Industrial Production m/m, Italian Bank Holiday, Sentix Investor Confidence, and the minutes of Eurogroup's meetings. The US will release the economic data too such as the Labor Market Conditions Index m/m. So, amid the reports, EUR/USD will move low volatility during this day.

TODAY TECHNICAL LEVELS:
Breakout BUY Level: 1.2351.
Strong Resistance:1.2344.
Original Resistance: 1.2332.
Inner Sell Area: 1.2320.
Target Inner Area: 1.2291.
Inner Buy Area: 1.2262.
Original Support: 1.2250.
Strong Support: 1.2238.
Breakout SELL Level: 1.2231.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Posted: at 8-12-2014 10:40 AM (9 years ago) | Newbie
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- InstaForexYe at 9-12-2014 12:56 PM (9 years ago)
(f)
Technical analysis of Silver for December 09, 2014

Technical outlook and chart setups: An hourly chart view has been depicted here for Silver which is seen to be trading around 16.30.35 levels for now. The metal is drifting sideways in a cone fashion since Dec 02, 2014. A dip below $16.00 levels can be expected before the rally could resume. Minimum levels of expectations are $15.50/60 and $15.30 levels respectively. The price could go as low as $14.90 levels before bouncing back. Please note that the current structure might be that of an inverted head and shoulder, right shoulder being carved out now. The upside extensions are pointing towards $18.00 and $21.00 respectively. Immediate support is $15.50, followed by $15.30 and $14.90 while resistance is seen at $17.30/50, followed by $17.80/18.00 and higher up respectively.

Trading recommendations:

Buying on dips towards 15.30 and $14.90, stop at $14.20, the target is open.

Posted: at 9-12-2014 12:56 PM (9 years ago) | Newbie
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- InstaForexYe at 10-12-2014 12:03 PM (9 years ago)
(f)
Technical analysis of Gold for December 10, 2014

Technical outlook and chart setups:

Gold has pushed through resistance at $1,235.00 levels yesterday. Bulls are now poised to take out $1,255.00 resistance before a meaningful pullback can take place. It is recommended to remain flat for now and enter long after the expected pullback. Aggressive trade setup would be to initiate long positions, with risk at $1,219.00, targeting above $1,255.00 levels. Immediate support is seen at $1,220.00 (interim), followed by $1,190.00, $1,145.00 and $1,130.00 while resistance is seen at $1,255.00, followed by $1,295.00 and higher respectively. Bulls are in control for now and poised to take out $1,255.00 at least.

Trading recommendations:

Remain flat and await a meaningful pullback to enter long.

Good luck!

Posted: at 10-12-2014 12:03 PM (9 years ago) | Newbie
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- InstaForexYe at 11-12-2014 02:37 PM (9 years ago)
(f)
Technical analysis of Gold for December 11, 2014

�Technical outlook and chart setups:

Gold is expected to get support around $1,220.00/25.00 region for now. Immediate major support is seen at $1.190.00, followed by $1,142, $1,130.00 and lower while resistance is seen at $1,255.00 and higher respectively. Bulls are looking poised to take out $1,255.00 resistance, provided price should stay above $1,200.00. It is recommended to remain flat for now, while an aggressive trade strategy could be to remain long, risk around 1,210.00. Once the $1,255.00 resistance is taken out, Gold is expected to produce a meaningful retracement.�

Trading recommendations:

Remain flat for now.

Good luck!

https://forex-images.instaforex.com/userfiles/20141211/xauusd11122014_source!.jpg

Posted: at 11-12-2014 02:37 PM (9 years ago) | Newbie
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- InstaForexYe at 12-12-2014 11:59 AM (9 years ago)
(f)
Technical analysis of Gold for December 12, 2014

Technical outlook and chart setups:

Gold has taken support from the $1,215.00 region yesterday. Please also note that the metal has bounced off the immediate trend line support as well. A push above $1,240.00 now, could bring the metal at $1,255.00 levels at least, on the flip side a break below the trend line support could test lower levels, before the rally resumes. Immediate support is seen at $1,215.00 (interim), followed by $1,190.00, $1,142.00 and lower while resistance is seen at $1,255.00 and higher up respectively. It is recommended to look to buy Gold on further dips towards $1,180.00 levels from here on.

Trading recommendations:

Remain flat for now, look to buy lower. Aggressive setup is to remain long, stop at $1,213.00, the target is at $1,255.00.

Good luck!

Posted: at 12-12-2014 11:59 AM (9 years ago) | Newbie
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- InstaForexYe at 15-12-2014 11:26 AM (9 years ago)
(f)
Technical analysis of Gold for December 15, 2014

Technical outlook and chart setups:

Gold is again trading at the lower range at $1,215.00 levels. Furthermore, the metal has broken below the immediate line of support as seen here. A further dip from current levels could take it towards $1,170.00 levels before rallying further. On the flip side, a bullish reversal now could rally towards $1,255.00 levels before producing a meaningful correction. Immediate support is seen at $1,190./92.00 levels, followed by $1,142.00 and lower while resistance is seen at $1,235.00 (interim), followed by $1,255.00 and higher respectively.

Trading recommendations:

Remain flat for now. Look to initiate long positions around $1,170.00/$80.00 levels.

Good luck!

Posted: at 15-12-2014 11:26 AM (9 years ago) | Newbie
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- InstaForexYe at 16-12-2014 12:12 PM (9 years ago)
(f)
Technical analysis of Silver for December 16, 2014

Technical outlook and chart setups:

Silver has further dipped towards sub $16.00 levels as seen here. The metal is supported by the fibonacci 0.382 level and also resistance turned support trend line as seen here. A bullish reversal could be bought here, risk remains at $14.50. Still, the best/optimum level would be $15.50/60 to enter long positions (potential right shoulder of an inverted head and shoulder reversal). Immediate support is seen at $15.50/60 (fibonacci 0.618), followed by $14.50 while resistance is seen at $17.40/50 levels, followed by $17.80/18.00 and higher up.

Trading recommendations:

Initiate long positions now and also around $15.60, stop at $14.50, the target is open.

Good luck!

Posted: at 16-12-2014 12:12 PM (9 years ago) | Newbie
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- InstaForexYe at 17-12-2014 10:42 AM (9 years ago)
(f)
Technical analysis of Gold for December 17, 2014

�Technical outlook and chart setups:

Gold is trading at sub $1,200.00 levels after making highs at $1,222.00/23.00 yesterday. The yellow metal remained just shy of the $1,270.00/80.00 mark, which is defined as the best buy for now. Immediate support is seen at $1,170.00, followed by $1,142.00, $1,130.00 and lower while resistance is seen at $1,255.00 and higher respectively. It is recommended to initiate long positions around $1,170.00/80.00 levels, risk remains below $1,140.00. Bulls are expected to remain in control till prices stay above $1,140.00. A break there could be extremely bearish and push prices lower into the $1,030.00/50.00 region.

Trading recommendations:

Remain flat for now, look to buy around $1,170.00/80.00 levels.

Good luck!

Posted: at 17-12-2014 10:42 AM (9 years ago) | Newbie
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