AUD/NZD profit target reached, remain bullish

By | January 27, 2017

Cost has lastly bounced above our assistance and reached our revenue target perfectly. We remain bullish above 1.0385 support(Fibonacci retracement, swing low assistance) for a rise to 1.0438 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) is bouncing above our 31% support level.Stochastic (21,5,3)is

bouncing above our 6%support level.Buy above 1.0385.

Stop loss at 1.0438. Take revenue at 1.0352. The material has been supplied by InstaForex Business – www.instaforex.com

Jonathon Alexander

AUD/USD beginning to drop nicely, stay bearish

By | January 27, 2017

We stay bearish listed below significant resistance at 0.7580(Fibonacci retracement, Fibonacci projection, horizontal overlap resistance)with rate just recently breaking a long term support-turned-resistance line. We anticipate a strong ongoing drop from this level to at least 0.7447 assistance (Fibonacci retracement, swing low support).

Stochastic (21,5,3) remains at 92% resistance and sees bearish divergence vs price signalling a reversal which is approaching.Sell listed below 0.7580.

Stop loss at 0.7644. Take earnings at 0.7447. The material has actually been offered by InstaForex Business – www.instaforex.com

Jonathon Alexander

Day-to-day analysis of GBP/USD for January 27, 2016 888011000 110888 Summary The GBP/USD pair reveals more unfavorable pressure to method from checking the crucial support 1.2505, while stochastic programs clear oversold signals to form bullish momentum that we are waiting for to allow the rate to rise again. In general, we will still suggest the bullish pattern for today unless 1.2505 level is broken and the price holds below it. Let me reming you that our first main target lies at 1.2720. We should note that breaking 1.2505 level will push the rate to visit 12.339 areas before any brand-new attempt to increase. The expected trading range for today is in between 1.2505 assistance and 1.2720 resistance. The product has actually been provided by InstaForex Company-www.instaforex.com

By | January 27, 2017

GBPUSDH4.png

Overview

The GBP/USD pair shows more negative pressure to approach from testing the key support 1.2505, while stochastic shows clear oversold signals to form bullish momentum that we are waiting for to enable the price to rise again. In general, we will still suggest the bullish trend for today unless 1.2505 level is broken and the price holds below it. Let me reming you that our first main target is located at 1.2720. Besides, we should note that breaking 1.2505 level will push the price to visit 12.339 areas before any new attempt to rise. The expected trading range for today is between 1.2505 support and 1.2720 resistance.

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

Jonathon Alexander

Daily analysis of USD/JPY for January 27, 2017 888011000 110888 Summary The USD/JPY set made a strong breakout of 113.97 and closed the everyday candlestick above it, which stops the recently recommended negative circumstance. This makes the cost to recover in the short-term. The primary targeting is seen at 118.00. The bullish pattern will continue on the intraday and short-term basis. Please note that breaching 115.60 will form strong momentum that supports a rally to those target. The bullish circumstance stays legitimate unless 113.97 is broken and the rate holds listed below it. The anticipated trading variety for today is in between 113.97 support and 116.00 resistance. The product has been provided by InstaForex Company-www.instaforex.com

By | January 27, 2017

USDJPYH4.png

Overview

The USD/JPY pair made a strong breakout of 113.97 and closed the daily candlestick above it, which stops the recently suggested negative scenario. This makes the price to recover in the short term. The main targeting is seen at 118.00. Therefore, the bullish trend will continue on the intraday and short-term basis. Please note that breaching 115.60 will form strong momentum that supports a rally towards the above-mentioned target. The bullish scenario remains valid unless 113.97 is broken and the price holds below it. The expected trading range for today is between 113.97 support and 116.00 resistance.

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

Jonathon Alexander

Daily analysis of Gold for January 27, 2016 888011000 110888 Introduction Gold price is checking 1,183.83 level after closing the last four-hour candlestick below it. As long as the rate is listed below this level, the negative pressure will remain dominant for today, waiting to check 1,173.00 as the next primary target. Let me remind you that breaking this level will extend gold losses to reach 1,162.40. Note that breaching 1,183.83 will lead the rate to check the most important resistance at 1,197.10 prior to determining the next destination on the short-term basis. Breaching the last level will stop the correctional bearish pressure and lead the rate to regain its main bullish track once again. The expected trading range for today is in between 1,170.00 support and 1,190.00 resistance. The material has actually been supplied by InstaForex Business-www.instaforex.com

By | January 27, 2017

GOLDH4.png

Overview

Gold price is testing 1,183.83 level after closing the last four-hour candlestick below it. As long as the price is below this level, the negative pressure will remain dominant for today, waiting to test 1,173.00 as the next main target. Let me remind you that breaking this level will extend gold losses to reach 1,162.40. Note that breaching 1,183.83 will lead the price to test the most important resistance at 1,197.10 before determining the next destination on the short-term basis. Breaching the last level will stop the correctional bearish pressure and lead the price to regain its main bullish track again. The expected trading range for today is between 1,170.00 support and 1,190.00 resistance.

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

Jonathon Alexander

Daily analysis of Silver for January 27, 2017 888011000 110888 Summary Silver cost continues its negative pressure to break the small bullish channel’s assistance and head to the important support of 16.56. As we pointed out in our recent reports, the price has to hold above this level to keep the bullish pattern active on the intraday and short-term basis, as breaking this level will press the cost to head towards 15.49 prior to any brand-new effort to increase. We still suggest the bullish pattern in the upcoming sessions on condition that the rate holds strongly above 16.56. Please note that the cost needs to breach 16.95 to ease the mission of heading to our very first primary target at 17.43. The expected trading variety for today is between 16.56 support and 17.00 resistance The material has actually been provided by InstaForex Business-www.instaforex.com

By | January 27, 2017

SILVERH4.png

Overview

Silver price continues its negative pressure to break the minor bullish channel’s support and head towards the critical support of 16.56. As we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active on the intraday and short-term basis, as breaking this level will push the price to head towards 15.49 before any new attempt to rise. Therefore, we still suggest the bullish trend in the upcoming sessions on condition that the price holds firmly above 16.56. Please note that the price needs to breach 16.95 to ease the mission of heading towards our first main target at 17.43. The expected trading range for today is between 16.56 support and 17.00 resistance

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

Jonathon Alexander