Category Archives: Quick Forex

Fxwirepro: the Day ahead 19th April 2017 888011000 110888 Very few financial dockets and occasions scheduled for today and all with low to medium volatility risks associated. Information released so far: Australia: Westpac leading index grew by 0.1 percent in March. New motor vehicle sales grew by 1.9 percent in March, down 3 percent from a year back. Upcoming: Italy: February trade balance report will be launched at 8:00 GMT. Eurozone: February trade balance report will be released at 9:00 GMT. Customer price inflation report will be launched at 9:00 GMT. United States: MBA mortgage applications report will be released at 11:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT. New Zealand: first quarter CPI inflation report will be released at 22:45 GMT. Japan: Trade balance for March will be launched at 23:50 GMT. The material has been offered by InstaForex Company – www.instaforex.com

By | April 19, 2017

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.

Data released so far:

  • Australia: Westpac leading index grew by 0.1 percent in March. New motor vehicle sales grew by 1.9 percent in March, down 3 percent from a year ago.

Upcoming:

  • Italy: February trade balance report will be released at 8:00 GMT.  
  • Eurozone: February trade balance report will be released at 9:00 GMT. Consumer price inflation report will be released at 9:00 GMT.  
  • United States: MBA mortgage applications report will be released at 11:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT.  
  • New Zealand: first quarter CPI inflation report will be released at 22:45 GMT.  
  • Japan: Trade balance for March will be released at 23:50 GMT.

The material has been provided by InstaForex Company – www.instaforex.com

Fxwirepro: Usd/inr Trades in Narrow Range, Consistent Close Above 64.68 Targets 65.08

By | April 19, 2017
  • USD/INR is currently trading around 64.63 marks.
  • It made intraday high at 64.69 and low at 64.60 marks.
  • Intraday predisposition remains bullish till the time set holds crucial support at 64.47 marks.
  • Secret resistances are seen at 64.67, 64.82, 64.92, 65.08, 65.15, 65.34, 65.48, 65.64, 65.80, 66.00, 66.32, 66.48, 66.57, 66.80, 67.01, 67.17, 67.31 and 67.45 marks respectively.
  • On the other side, initial assistances are seen at 64.47, 34.36, 64.28, 64.17, 64.02 and 63.91 marks respectively.
  • In addition, India’& rsquo; s NSE Nifty was trading around 0.03 percent lower at 9,102.20 points and BSE Sensex was trading at 0.08 percent lower at 29,294.96 points. We prefer to go long on USD/INR only above 64.68, stop loss 64.47 and target of 64.82/ 65.08.

The material has been offered by InstaForex Business – www.instaforex.com

Daily Video Technical Analysis|EUR/USD|18th April 2017 888011000 110888 We take a good in-depth look at EUR/USD and see if there are any trading opportunities for us to make some juicy pips!We combine the art of Fibonacci retracements, Fibonacci extensions, Support & & Resistance in addition to Stochastic and RSI to determine the best entry, stop loss and revenue targets.Subscribe to me for more everyday technical analysis!The product has actually been supplied by InstaForex Company-www.instaforex.com

By | April 18, 2017

We take a nice detailed look at EUR/USD and see if there are any trading opportunities for us to make some juicy pips!

We combine the art of Fibonacci retracements, Fibonacci extensions, Support & Resistance along with Stochastic and RSI to determine the best entry, stop loss and profit targets.

Subscribe to me for more daily technical analysis!

The material has been provided by InstaForex Company – www.instaforex.com

EUR/USD approaching profit target, stay bullish

By | April 18, 2017

Price has started to bounce really well and is approaching our revenue target. We stay bullish above 1.0600 assistance(Fibonacci retracement, horizontal swing low assistance, ascending support) for a more push up to 1.0704 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).

Stochastic (55,5,3) still has good upside possible for its matching rise.Buy above

1.0600. Stop loss at 1.0562. Take revenue at 1.0704.

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The material has actually been supplied by InstaForex Company – www.instaforex.com

Analysis of Silver for April 18, 2017 888011000 110888 Recently, the Silver has actually been trading sideways at the rate of 18.40. According to the 1H time frame, I found that cost has broken the upward channel, which is an indication that purchasing looks dangerous. There is likewise a concealed bearish divergence on the moving typical oscillator, which is another indication of weak point. My recommendations is to expect potential selling chances. Down targets areset at the rate of18.25 and at theprice of 17.95. Resistance levels: R1: 18.40 R2: 18.43 R3: 18.46 Assistance levels: S1: 18.35 S2: 18.33 S3: 18.30 Trading recommendations for today: look for potential selling opportunities.The material has been supplied by InstaForex Company-www.instaforex.com

By | April 18, 2017

analytics58f607731a0c6.png

Recently, the Silver has been trading sideways at the price of 18.40. According to the 1H time frame, I found that price has broken the upward channel, which is a sign that buying looks risky. There is also a hidden bearish divergence on the moving average oscillator, which is another sign of weakness. My advice is to watch for potential selling opportunities. Downward targets are set at the price of 18.25 and at the price of 17.95.

Resistance levels:

R1: 18.40

R2: 18.43

R3: 18.46

Support levels:

S1: 18.35

S2: 18.33

S3: 18.30

Trading recommendations for today: watch for potential selling opportunities.

The material has been provided by InstaForex Company – www.instaforex.com

Everyday analysis of major sets for April 18, 2017 888011000 110888 EUR/USD: The EUR/USD set simply combined on April 17, 2017. A breakout to the drawback is anticipated this week, which would most probably favor bears. Nevertheless, this does not rule out possibilities of a bullish effort this week. USD/CHF: The USD/CHF pair not did anything yesterday. The cost is still consolidating, just as it did last week. The combination is expected to continue today up until there is a breakout, which would either take the price above the resistance level at 1.0100 or below the support level at 1.0000. A motion listed below the assistance level at 1.0000 would require a strong selling pressure. GBP/USD: The GBP/USD pair has actually made further bullish effort today, now evaluating the circulation area at 1.2600. There is a Bullish Confirmation Pattern in the market, and the cost might ultimately exceed that circulation area, as it targets other distribution territories at 1.2650 and 1.2700, which are the targets for today. USD/JPY: This currency trading instrument bounced upwards in the context of a drop. The upwards bounce is shallow and it is expected to be a great opportunity to sell brief when the price rises briefly in the context of a sag. That sort of” offering short” may bring better rates as the demand levels at 108.50 and 108.00 are checked once again. EUR/JPY: What has actually occurred to the EUR/JPY is rather just like exactly what has taken place to the USD/JPY. The market has bounced upwards( nothing substantial) in the context of a downtrend, but bears would push the market downwards again, as it goes towards the demand zones at 115.00 , 114.50 and 114.00. The product has been provided by InstaForex Business -www.instaforex.com

By | April 18, 2017

EUR/USD: The EUR/USD pair simply
consolidated on April 17, 2017. A breakout to the downside is anticipated this
week, which would most probably be in favor of bears. However, this does not
rule out possibilities of a bullish effort this week.

1492514966_1.png

USD/CHF: The USD/CHF pair did nothing yesterday. The price is still consolidating, just as it did last week. The consolidation is supposed to continue this week until there is a breakout, which would either take the price above the resistance level at 1.0100 or below the support level at 1.0000. A movement below the support level at 1.0000 would require a strong selling pressure.

2.png

GBP/USD: The GBP/USD pair has made
further bullish attempt this week, now testing the distribution territory at
1.2600. There is a Bullish Confirmation Pattern in the market, and the price may eventually
go above that distribution territory, as it targets other distribution territories
at 1.2650 and 1.2700, which are the targets for this week.

3.png

USD/JPY: This currency trading
instrument bounced upwards in the context of a downtrend. The upwards bounce is
shallow and it is supposed to be a good opportunity to sell short when the price
rises briefly in the context of a downtrend. That kind of “selling short” may
bring better prices as the demand levels at 108.50 and 108.00 are tested again.

4.png

EUR/JPY: What has happened to
the EUR/JPY is quite similar to what has happened to the USD/JPY. The market has
bounced upwards (nothing significant) in the context of a downtrend, but bears
would push the market downwards again, as it goes towards the demand zones at
115.00, 114.50 and 114.00.

5.png

The material has been provided by InstaForex Company – www.instaforex.com