Trading prepare for the US session on June 15 for the GBP/USD

By | June 15, 2018

To open long positions on GBP/USD it is needed: Purchasers finished the installation for the very first half of the day and are now attempting to break above the resistance of 1.3289, which will not be so simple. Only a consolidation on this variety in the 2nd half of the day will enable us to depend on more upward correction to the location of 1.3315 and 1.3346, where it is suggested to take profits. In the case of a decrease in the pound, you can return to purchasing on a rebound from 1.3249 and 1.3213.

To open long positions on GBP/USD it is needed:

The formation of an incorrect breakout and a go back to level 1.3289 will be a good signal for the opening of short positions in the pound with a view to decreasing the support level of 1.3249 to the early morning level and breaking it, with a further test of the low of the week at 1.3213, where it is recommended to take earnings. When it comes to growth above 1.3289, offering can be searched from the level of 1.3315 and on a rebound from 1.3346.

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Description of indications

  • MA (moving average) 50 days – yellow
  • MA (moving average) 1 Month – green
  • MACD: fast EMA 12, sluggish EMA 26, SMA
  • Bollinger Bands 20

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

Jonathon Alexander

The everyday evaluation of GBP/JPY on June 15, 2018. Ichimoku Indication

By | June 15, 2018

GBP/JPY Gamers growing and could not continue to climb up. As a result, as expected, by the end of the week, challengers benefited from the weak point of the bulls. At the moment, the support of the daytime Kijun (146.57) is met. Strengthening bearish belief and continuing decrease, the following support can be kept in mind at 145.77 (daytime Fibo Kijun), will today add to the introduction of another opportunity to go back to testing the lower limit of the weekly cloud (144.48) and the monthly Kijun (144.21 ), with the function of breakdown of these assistances and the introduction of brand-new benchmarks.Closing the week over

the levels of the newly-born golden cross (daytime Tenkan 147.05 + Fibo Kijun 147.38) and combining the pair in the bull zone, with respect to the clouds more youthful halves may return the possibilities for the resumption of lifting and screening important weekly resistance in the location 148.25-45.

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Sign specifications:

perpetuity periods 9 – 26 – 52

Color of sign lines:

Tenkan (short-term pattern) – red,

Kijun (medium-term trend) – green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

clouds: Senkou Span B (SSB, long-lasting pattern) – blue,

Senkou Period A (SSA) – pink.Color of additional lines: support and resistance MN-

blue, W1 -green, D1 – red, H4 – pink, H1 – gray, horizontal

levels (not Ichimoku) – brown,

trend lines – purple.The material has been supplied by InstaForex Company – www.instaforex.com

Jonathon Alexander

BITCOIN Analysis for June 15, 2018 888011000 110888 Bitcoin bounced above $6,500 location the other day rather surprisingly. This opens the doors for the bulls to press the cost higher for a specific period of time. Due to the current negative reports about hacker attacks and Bitcoin experts signaling the rate to move lower to $5,000, the sentiment was quite versus the bullish pressure. Nevertheless, yesterday we observed specific bullish pressure resulting in a bullish daily close above $6,500 location, the price is expected to push greater for a specific period to the dynamic level of 200 EMA living at $7,000-7,500 location. After the price is turned down off the location, the bearish pressure is anticipated to continue to push the cost lower with a target towards $5,000 area in the coming days. As the rate remains listed below $8,000 area, the bearish predisposition is expected to continue further. The product has been offered by InstaForex Business-www.instaforex.com

By | June 15, 2018

Bitcoin bounced above $6,500 area yesterday quite surprisingly. This opens the doors for the bulls to push the price higher for a certain period of time. Due to the recent negative reports about hacker attacks and Bitcoin experts signaling the price to move lower towards $5,000, the sentiment was quite against the bullish pressure. Nevertheless, yesterday we observed certain bullish pressure leading to a bullish daily close above $6,500 area, the price is expected to push higher for a certain period towards the dynamic level of 200 EMA residing at $7,000-7,500 area. After the price is rejected off the area, the bearish pressure is expected to continue to push the price lower with a target towards $5,000 area in the coming days. As the price remains below $8,000 area, the bearish bias is expected to continue further.

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

Jonathon Alexander

Fundamental Analysis of EUR/GBP for June 15, 2018 888011000 110888 EUR/GBP has been living inside the correction range 0.87 to 0.8850 area for a few weeks now, where the price revealed spontaneous bearish pressure yesterday following the just recently published EUR financial reports and events.Recently EUR MainRefinancing Rate report was published with an unchanged worth as expected at 0.00%but ECB cannot impress the marketplace participants with its upcoming plans to for the economic growth. EUR economy has been quite unimpressive just recently leading EUR to lose particular premises in the market. Today EUR Last CPI report was released with a the same value as expected at 1.9%, Last Core CPI report was also released unchanged as expected at 1.1 %and Trade Balance report was published with a reduction to 18.1 B from the previous figure of 19.8 B which was expected to increase to 20.2 B.On the other hand, GBP acquired momentum having much better than anticipated Retail Sales report yesterday. Retail Sales report was released at 1.3%decline from the previous worth of 1.8%which was anticipated to reduce to 0.5 %. The much better than expected outcome helped GBP to acquire momentum when EUR was having a hard time to make an impact. As an outcome, GBP gained rather impulsively against EUR at the same time which is expected to continue even more in the coming days causing more gains on the GBP side in the future.Now let us take a look at the technical view. The rate has actually declined the bulls with greater level today after the current impulsive bearishpressure breaking listed below 0.8750 location with a daily close. The rate is currently residing inside the assistance area of 0.8700-50 the bears are expected to push the rate much lower towards 0.85 in the coming days. As the cost stays listed below 0.8850 area with an everyday close, the bearish bias is expected to continue further. The material has actually been supplied by InstaForex Business-www.instaforex.com

By | June 15, 2018

EUR/GBP has been residing inside the correction range 0.87 to 0.8850 area for a few weeks now, where the price showed impulsive bearish pressure yesterday following the recently published EUR economic reports and events.

Recently EUR Main Refinancing Rate report was published with an unchanged value as expected at 0.00% but ECB failed to impress the market participants with its upcoming plans to for the economic growth. EUR economy has been quite unimpressive recently leading EUR to lose certain grounds in the market. Today EUR Final CPI report was published with an unchanged value as expected at 1.9%, Final Core CPI report was also published unchanged as expected at 1.1% and Trade Balance report was published with a decrease to 18.1B from the previous figure of 19.8B which was expected to increase to 20.2B.

On the other hand, GBP gained momentum having better than expected Retail Sales report yesterday. Retail Sales report was published at 1.3% decrease from the previous value of 1.8% which was expected to decrease to 0.5%. The better than expected result helped GBP to gain momentum when EUR was struggling to make an impact. As a result, GBP gained quite impulsively against EUR in the process which is expected to continue further in the coming days leading to more gains on the GBP side in the future.

Now let us look at the technical view. The price has rejected the bulls with greater extent today after the recent impulsive bearish pressure breaking below 0.8750 area with a daily close. Though the price is currently residing inside the support area of 0.8700-50 the bears are expected to push the price much lower towards 0.85 in the coming days. As the price remains below 0.8850 area with a daily close, the bearish bias is expected to continue further.

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

Jonathon Alexander

EUR/USD analysis for June 15, 2018 888011000 110888 Just recently, the EUR/USD pair has actually been trading downwards. The rate evaluated the level of 1.1542. According to the H1 time– frame, I discovered a potential end of the bullish corrective stage in the background. My guidanceis to watch for prospective selling chances. The downward target is set atthe price of 1.1510. Resistance levels: R1: 1.1760 R2: 1.1950 R3: 1.2050 Assistance levels: S1: 1.1469 S2: 1.1370 S3: 1.1178 Trading recommendations for today: expect possible selling opportunities.The material has been offered by InstaForex Company-www.instaforex.com

By | June 15, 2018

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Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1542. According to the H1 time – frame, I found a potential end of the bullish corrective phase in the background. My advice is to watch for potential selling opportunities. The downward target is set at the price of 1.1510.

Resistance levels:

R1: 1.1760

R2: 1.1950

R3: 1.2050

Support levels:

S1: 1.1469

S2: 1.1370

S3: 1.1178

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

Fundamental Analysis of EUR/CAD for June 15, 2018 888011000 110888 EUR/CAD is currently residing below 1.53 cost location after being turned down off the 1.5350 rate location with an impulsive bearish everyday candle. EUR has actually been rather weak in comparison to CAD in the current market situation, where the cost is expected to push much lower in the coming days.Despite the currentweak financial reports of CAD including a reduction in Employment Change to -7.5 k from the previous figure of -1.1 k, did have an impact on the growth of CAD in the process. Just recently CAD NHPI report was released unchanged at 0.0 %which was expected to increase to 0.2 %. On the other hand, EUR has been rather combined with the current financial reports whereas ECB had less to provide for the currency development in the market. Today Final CPI report was published with an unchanged worth as anticipated at 1.9%, Final Core CPI report was also released the same as anticipated at 1.1%and Trade Balance report was published with decline to 18.1 B from the previous figure of 19.8 B which was anticipated to increase to 20.2 B.As of the existing circumstance, CAD is expected to get further momentum over EUR in the coming days as of the recent EUR worse economic reports having impact on the economy growth. Though there are certain high impact financial occasions like ECB President Draghi’s speech for a numerous time which is expected to inject volatility ahead of the CAD CPI and Retail Sales report to be released in the coming days.Now let us take a look at the technical view. The rate is currently residing at the edge of breaking listed below the vibrant level of 20 EMA after being bounced off with a day-to-day close from 1.5350 location. Presently the rate is forming particular Constant Bearish Divergence while doing so, which is anticipated to press the cost lower towards 1.50 in the coming days. As the price remains below 1.5350 location, the bearish predisposition is anticipated to continue even more. The material has been offered by InstaForex Company-www.instaforex.com

By | June 15, 2018

EUR/CAD is currently residing below 1.53 price area after being rejected off the 1.5350 price area with an impulsive bearish daily candle. EUR has been quite weak in comparison to CAD in the current market scenario, where the price is expected to push much lower in the coming days.

Despite the recent weak economic reports of CAD including a decrease in Employment Change to -7.5k from the previous figure of -1.1k, did have an impact on the growth of CAD in the process. Recently CAD NHPI report was published unchanged at 0.0% which was expected to increase to 0.2%.

On the other hand, EUR has been quite mixed with the recent economic reports whereas ECB had less to offer for the currency growth in the market. Today Final CPI report was published with an unchanged value as expected at 1.9%, Final Core CPI report was also published unchanged as expected at 1.1% and Trade Balance report was published with decrease to 18.1B from the previous figure of 19.8B which was expected to increase to 20.2B.

As of the current scenario, CAD is expected to gain further momentum over EUR in the coming days as of the recent EUR worse economic reports having impact on the economy growth. Though there are certain high impact economic events like ECB President Draghi’s speech for a multiple time which is expected to inject volatility ahead of the CAD CPI and Retail Sales report to be published in the coming days.

Now let us look at the technical view. The price is currently residing at the edge of breaking below the dynamic level of 20 EMA after being bounced off with a daily close from 1.5350 area. Currently the price is forming certain Continuous Bearish Divergence in the process, which is expected to push the price lower towards 1.50 in the coming days. As the price remains below 1.5350 area, the bearish bias is expected to continue further.

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

Jonathon Alexander

Intraday technical levels and trading recommendations for EUR/USD for June 15, 2018 888011000 110888 Daily Outlook In April 2018, the short-term outlook relied on end up being bearish when the EUR/USD set preserved trading below the broken uptrend as well as the lower limit of the illustrated debt consolidation range.Bearish persistence listed below the price level of 1.2200 allowed even more bearish decline towards the cost levels of 1.1990 and 1.1880. As pointed out, the cost zone( 1.1850-1.1750) used temporary bullish rejection towards 1.1990 where a coming down high was established.The EUR/USD bulls cannot pursue towards higher bullish targets. Instead, additional bearish momentum was revealed in the market.The rate zone(1.1850-1.1750)was considered a popular Supply zone where bearish rejection and a legitimate SELL entrywas offered The other day. S/L should be decreased to 1.1720 to balance out the associated risks.As illustrated on the chart, obvious bearish rejection was revealed around the price zone of(1.1850-1.1750). This enhances the bearish side of the market towards 1.1520-1.1420. On the other hand, the cost zone of 1.1520-1.1420 is the next location for the present bearish decline where rate action ought to be looked for bullish demand and a possible bullish pullback.The material has actually been supplied by InstaForex Business-www.instaforex.com

By | June 15, 2018

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Daily Outlook

In April 2018, the short-term outlook turned to become bearish when the EUR/USD pair maintained trading below the broken uptrend as well as the lower limit of the depicted consolidation range.

Bearish persistence below the price level of 1.2200 allowed further bearish decline towards the price levels of 1.1990 and 1.1880.

As mentioned, the price zone (1.1850-1.1750) offered temporary bullish rejection towards 1.1990 where a descending high was established.

The EUR/USD bulls failed to pursue towards higher bullish targets. Instead, further bearish momentum was expressed in the market.

The price zone (1.1850-1.1750) was considered a prominent Supply zone where bearish rejection and a valid SELL entry was offered Yesterday. S/L should be lowered to 1.1720 to offset the associated risks.

As depicted on the chart, evident bearish rejection was expressed around the price zone of (1.1850-1.1750). This enhances the bearish side of the market towards 1.1520-1.1420.

On the other hand, the price zone of 1.1520-1.1420 is the next destination for the current bearish decline where price action should be watched for bullish demand and a possible bullish pullback.

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

Jonathon Alexander

NZD/USD Intraday technical levels and trading suggestions for June 15, 2018 888011000 110888 Considering that January, the cost zone of 0.7320-0.7390 has beenstanding as a considerable supply zone throughout recent bullish pullback. The bulls cannot perform an effective Bullish breakoutabove 0.7400 throughout the previous weeks’ consolidations.The NZD/USD pair had been caught in between the rate levels of 0.7170 and 0.7350 until bearish breakdown of 0.7200 occurred.Since April 13, significant bearish pressure has been applied.This probably turns the short-term outlook for the NZD/USD set into bearish offering considerable significance to the multiple-top turnaround pattern.That’s why, bearish breakdown of 0.7220-0.7170( neckline zone)was needed to validatethe illustrated turnaround pattern. Bearish target levels around 0.7050 and 0.7000 have been accomplished already.The bearish situation requires apparent bearish persistence listed below 0.7050 to preserve substantial bearish momentum towards 0.6860 and 0.6820. That’s why, the price levelof 0.7050 is presently considered a key-level for the NZD/USD bears.As expected, the current bullish pullback towards the price level of 0.7050( Damaged Demand-Level )provided a great chance for sellers to have a legitimate SELL entry. It’s currently running in earnings. S/L needs to be decreased to entry levels (0.7050)to offset the risk.Currently, the cost zone of 0.6820-0.6780 will be the next location for the NZD/USD set. It should be expected bullish rejection and a possible valid BUY entry.The product has actually been offered by InstaForex Company-www.instaforex.com

By | June 15, 2018

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Since January, the price zone of 0.7320-0.7390 has been standing as a significant supply zone during recent bullish pullback. The bulls failed to execute a successful Bullish breakout above 0.7400 during the previous weeks’ consolidations.

The NZD/USD pair had been trapped between the price levels of 0.7170 and 0.7350 until bearish breakdown of 0.7200 occurred.

Since April 13, significant bearish pressure has been applied. This probably turns the short-term outlook for the NZD/USD pair into bearish giving considerable significance to the multiple-top reversal pattern.

That’s why, bearish breakdown of 0.7220-0.7170 (neckline zone) was needed to confirm the depicted reversal pattern. Bearish target levels around 0.7050 and 0.7000 have been achieved already.

The bearish scenario needs obvious bearish persistence below 0.7050 to maintain significant bearish momentum towards 0.6860 and 0.6820. That’s why, the price level of 0.7050 is currently considered a key-level for the NZD/USD bears.

As anticipated, the recent bullish pullback towards the price level of 0.7050 (Broken Demand-Level) offered a good opportunity for sellers to have a valid SELL entry. It’s already running in profits. S/L should be lowered to entry levels (0.7050) to offset the risk.

Currently, the price zone of 0.6820-0.6780 will be the next destination for the NZD/USD pair. It should be watched for bullish rejection and a possible valid BUY entry.

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

Jonathon Alexander

Fundamental Analysis of AUD/JPY for June 15, 2018 888011000 110888 AUD/JPY has been rather spontaneous in the bearish bias after bouncing off the 84.00 location with a day-to-day close recently. Amid the current combined employment report from Australia, JPY has gotten impulsive momentum which is anticipated to motivate an additional down relocation in the coming days.Today, RBA Assistant Governor Ellis spoke about the country’s key interest rate and future monetary policies which had a neutral influence on the market. RBA is presently at the same time to develop prepare for GDP growth with not much change in the policies which will be inveiled in the coming days. On the other hand, today Japan’s Policy Rate reportwas published with the very same record low key policy rate at -0.10% in line with expectations, whereas BOJ Press Conference was quite indecisive, having a neutral impact on further financial developments. As for the current situation, specific correction and indecision is anticipated in this set in the brief run. JPY is anticipated to have an upper hand over AUD at the same time, as AUD is discovered having a hard time for gains in the middle of the fresh work reports. Now let us take a look at the technical view. The price is currently residing listed below 83.50-84.00 resistance area after the recent rejection off the level with an everyday close. The cost is being held by the dynamic level of 20 EMA at the same time in addition to Bearish Divergence also, which is anticipated to push the price much lower to 80.50-81.50 support area in the coming days. As the price stays listed below 84.50 area with a daily close, the bearish predisposition is expected to continue even more. The material has actually been provided by InstaForex Company-www.instaforex.com

By | June 15, 2018

AUD/JPY has been quite impulsive in the bearish bias after bouncing off the 84.00 area with a daily close recently. Amid the recent mixed employment report from Australia, JPY has gained impulsive momentum which is expected to encourage a further downward move in the coming days.

Today, RBA Assistant Governor Ellis spoke about the nation’s key interest rate and future monetary policies which had a neutral impact on the market. RBA is currently in the process to develop plans for GDP growth with not much change in the policies which will be inveiled in the coming days.

On the other hand, today Japan’s Policy Rate report was published with the same record low key policy rate at -0.10% in line with expectations, whereas BOJ Press Conference was quite indecisive, having a neutral impact on further economic developments.

As for the current scenario, certain correction and indecision is expected in this pair in the short run. JPY is expected to have an upper hand over AUD in the process, as AUD is found struggling for gains amid the fresh employment reports.

Now let us look at the technical view. The price is currently residing below 83.50-84.00 resistance area after the recent rejection off the level with a daily close. The price is being held by the dynamic level of 20 EMA in the process along with Bearish Divergence as well, which is expected to push the price much lower towards 80.50-81.50 support 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.

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

Jonathon Alexander

Technical analysis of GBP/USD for June 15, 2018 888011000 110888 Overview: The GBP/USD set opened listed below the weekly pivot point(1.3429 ). It continued to move downwards from the level of 1.3429 down around 1.3225. Today, the first resistance level is seen at 1.3429 followed by 1.3580, while daily assistance 1 is seen at 1.3225. The moving average (100)begins signifying a down pattern; therefore, the market is showing a bearish opportunity below 1.3225. It will begood to sell at 1.3250 with the very first target of 1.3200. It will likewise call for a drop in order to continue to 1.3106. The strong daily assistance is seen at the 1.3106 level, which represents the double bottom on the H4 chart. According to the previous occasions, we anticipate the GBP/USD pair to trade in between 1.3250 and 1.3106 in coming hours. The cost area of 1.3300 stays a substantial resistance zone. Thus, the pattern is still bearish as long as the levels of 1.3300/ 1.3429 is not broken. On the contrary, in case a reversal happens and the GBP/USD pair breaks through the resistance level of 1.3429, then a stop loss should be placed at 01.3475. The product has been provided by InstaForex Business-www.instaforex.com

By | June 15, 2018

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Overview:

The GBP/USD pair opened below the weekly pivot point (1.3429). It continued to move downwards from the level of 1.3429 to the bottom around 1.3225. Today, the first resistance level is seen at 1.3429 followed by 1.3580, while daily support 1 is seen at 1.3225. Furthermore, the moving average (100) starts signaling a downward trend; therefore, the market is indicating a bearish opportunity below 1.3225. So it will be good to sell at 1.3250 with the first target of 1.3200. It will also call for a downtrend in order to continue towards 1.3106.

The strong daily support is seen at the 1.3106 level, which represents the double bottom on the H4 chart. According to the previous events, we expect the GBP/USD pair to trade between 1.3250 and 1.3106 in coming hours. The price area of 1.3300 remains a significant resistance zone. Thus, the trend is still bearish as long as the levels of 1.3300/1.3429 is not broken. On the contrary, in case a reversal takes place and the GBP/USD pair breaks through the resistance level of 1.3429, then a stop loss should be placed at 01.3475.

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

Jonathon Alexander