Technical analysis of USD/JPY for Dec 01, 2016 888011000 110888 In Asia, Japan will launch the 10-y Bond Auction, Last Manufacturing PMI, Capital Spending q/y and the United States will release some Economic Data, such as Total Vehicle Sales, Gas Storage, ISM Production Prices, Building and construction Spending m/m, ISM Production PMI, Final Production PMI, Unemployment Claims, and ChallengerJob Cuts y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day.TODAY’S TECHNICAL LEVEL: Resistance. 3: 114.99.Resistance. 2: 114.76. Resistance. 1: 114.54. Support. 1: 114.27. Support. 2: 114.04. Support. 3: 113.82. Disclaimer: Trading Forex(foreign exchange)on margin brings a high level of danger, and might not appropriate for all investors. The high degree of take advantage of can work against you in addition to for you. Before choosing to purchase foreign exchange you ought to carefully consider your financial investment objectives, level of experience, and danger appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you need to not invest cash that you can not pay for to lose. You need to understand all the threats associated with foreign exchange trading, and seek advice from an independent monetary consultant if you have any doubts.The material has actually been provided by InstaForex Business-www.instaforex.com

By | December 1, 2016

USDJPY.jpg

In Asia, Japan will release the 10-y Bond Auction, Final Manufacturing PMI, Capital Spending q/y and the US will release some Economic Data, such as Total Vehicle Sales, Natural Gas Storage, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Unemployment Claims, and Challenger Job Cuts y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 114.99.

Resistance. 2: 114.76.

Resistance. 1: 114.54.

Support. 1: 114.27.

Support. 2: 114.04.

Support. 3: 113.82.

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.

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

Jonathon Alexander

<aTechnical analysis of EUR/USD for Dec 01, 2016 888011000 110888 When the European market opens, some Economic Data will be launched, such as French 10-y Bond Auction, Unemployment Rate, Italian Regular monthly Unemployment Rate, Last Production PMI, German Final Production PMI, French Final Manufacturing PMI, Italian Production PMI, and Spanish Production PMI. The United States will release the financial data, too, such as Total Automobile Sales, Gas Storage, ISM Production Rates, Construction Costs m/m, ISM Manufacturing PMI, Final Production PMI, Unemployment Claims, and Opposition JobCuts y/y, so, amid the reports, EUR/USD will move in a low to mediumvolatility throughout this day.TODAY’S TECHNICAL LEVEL: Breakout BUYLevel: 1.0644.Strong Resistance:1.0637.Original Resistance: 1.0627. Inner Offer Location: 1.0617.Target Inner Location: 1.0592. Inner Buy Area: 1.0567. Initial Support: 1.0557. Strong Support: 1.0547. Breakout OFFER Level: 1.0540. Disclaimer: Trading Forex(foreign exchange)on margin brings a high level of risk, and might not be suitable for all financiers. The high degree of leverage can work against you as well as for you. Prior to deciding to invest in foreign exchange you need to carefully consider your financial 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 must not invest loan that you can not manage to lose. You ought to understand all the threats associated with foreignexchange trading, and seek advice from an independent monetary advisor if you have any doubts.The material has actually been supplied by InstaForex Company- www.instaforex.com

By | December 1, 2016

1480559165_EURUSD.jpg

When the European market opens, some Economic Data will be released, such as French 10-y Bond Auction, Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will release the economic data, too, such as Total Vehicle Sales, Natural Gas Storage, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Unemployment Claims, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Breakout BUY Level: 1.0644.

Strong Resistance:1.0637.

Original Resistance: 1.0627.

Inner Sell Area: 1.0617.

Target Inner Area: 1.0592.

Inner Buy Area: 1.0567.

Original Support: 1.0557.

Strong Support: 1.0547.

Breakout SELL Level: 1.0540.

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.

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

Jonathon Alexander

<aDay-to-day analysis of USDX for December 01, 2016 888011000 110888 USDX stays capped by the resistance level of 101.74, as the bullish force is compromising in an overall view. There are still chances to see a walking above that resistance and if that takes place, we can expect more gains towards the 102.61 level. If 200 SMA dynamic assistance gives up, a decrease needs to take the index to test the 100.53 level. H1 chart’s resistance levels: 101.74/ 102.61 H1 chart’s assistance levels: 100.53/ 99.39 Trading suggestions for today: Based upon the H1 chart, place purchase( long). If the USD Index, orders just. breaks with. a bullish.candlestick;. the resistance. level is at. 101.74,. take profit is at. 102.61. and stop loss is at 100.87. The material has actually been supplied by InstaForex Company- www.instaforex.com

By | November 30, 2016

USDX remains capped by the resistance level of 101.74, as the bullish
force is weakening in an overall view. However, there are still
chances to see a hike above that resistance and if that happens, we
can expect further gains toward the 102.61 level. However, if 200 SMA
dynamic support gives up, a decline should take the index to test the
100.53 level.

USDXH1.png

H1 chart’s resistance
levels: 101.74 / 102.61

H1 chart’s support levels:
100.53 / 99.39

Trading recommendations for today:
Based on the H1 chart, place
buy
(long)
orders only if the USD Index
breaks with
a bullish
candlestick;
the resistance
level is at
101.74,
take profit is at
102.61
and stop loss is at 100.87.

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

Jonathon Alexander

Day-to-day analysis of GBP/JPY for November 30, 2016 888011000 110888 Overview The GBPJPY rate showed combined trading the other day impacted by the contradiction in between primary indications. The set settled at 140.60 levels. We noted the price effort to rally above the bearish channel’s resistance, however we could not validate these bullish efforts unless there is a positive close in the day-to-day period. Therefore, we suggest remaining neutral for the day awaiting the needed daily near to discover the primary pattern in the upcoming period. In case of successful confirmation of positive characteristics, the price will rise to 143.20 reaching 148.35, while its stability within the bearish channel will increase the unfavorable pressure on the upcoming trading. The anticipated trading variety for today is in between 138.60 and 143.20. The product has been provided by InstaForex Business- www.instaforex.com

By | November 30, 2016

GBPJPYH4.png

Overview

The GBPJPY price showed mixed trading yesterday affected by the contradiction between main indicators. The pair settled at 140.60 levels. We noted the price attempt to rally above the bearish channel’s resistance, but we could not confirm these bullish attempts unless there is a positive close in the daily period. Therefore, we recommend staying neutral for the day waiting for the required daily close to detect the main trend in the upcoming period. In case of successful confirmation of positive dynamics, the price will rise to 143.20 reaching 148.35, while its stability within the bearish channel will increase the negative pressure on the upcoming trading. The expected trading range for today is between 138.60 and 143.20.

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

Jonathon Alexander

Day-to-day analysis of Gold for November 30, 2016 888011000 110888 Summary The gold rate continues changing near the previously broken support line that became essential resistance at 1,193.50. The breach of this level will reinforce expectations of the bullish pattern extension in the approaching duration, which likewise depends on the stability of the 1,172.68 level versus the unfavorable pressure that dominated the current trades. Therefore, we are waiting for favorable trading on the intraday and short-term basis, and favorable targets begin at 1,211.31 followed by 1,249.94. A break of the 1,172.68 will push the price to 1,124.88 prior to any brand-new attempt to recuperate. The expected trading range for today is between the 1,172.00 assistance and the 1,211.31 resistance. The product has been supplied by InstaForex Company- www.instaforex.com

By | November 30, 2016

GOLDH4.png

Overview

The gold price continues fluctuating near the previously broken support line that turned into key resistance at 1,193.50. The breach of this level will reinforce expectations of the bullish trend continuation in the upcoming period, which also depends on the stability of the 1,172.68 level against the negative pressure that dominated the recent trades. Therefore, we are waiting for positive trading on the intraday and short-term basis, and positive targets begin at 1,211.31 followed by 1,249.94. A break of the 1,172.68 will push the price to 1,124.88 before any new attempt to recover. The expected trading range for today is between the 1,172.00 support and the 1,211.31 resistance.

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

Jonathon Alexander

Daily analysis of Silver for November 30, 2016 888011000 110888 Summary The silver cost traded steadily above the crucial support at 16.56 after trying to break it yesterday. This keeps the bullish pattern scenario active until now; the count is likewise supported by stochastic positivity shown on the four-hour amount of time. The price is likely to visit the 17.43 level as the very first primary target. Keep in mind that a breach of 16.85 levels will complete positive technical development, which verifies the anticipated bullish trend continuation. A break of 16.56 levels will stop the positive summary and push the cost to 15.49. The anticipated trading range for today is in between the 16.40 assistance and the 16.90 resistance.The material has been offered by InstaForex Company- www.instaforex.com

By | November 30, 2016

SILVERH4.png

Overview

The silver price traded steadily above the key support at 16.56 after attempting to break it yesterday. This keeps the bullish trend scenario active until now; the count is also supported by stochastic positivity shown on the four-hour time frame. The price is likely to visit the 17.43 level as the first main target. Note that a breach of 16.85 levels will complete positive technical formation, which confirms the expected bullish trend continuation. A break of 16.56 levels will stop the positive overview and push the price to 15.49. The expected trading range for today is between the 16.40 support and the 16.90 resistance.

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

Jonathon Alexander

U.S. Private Sector Job Growth Goes beyond Estimates In November

By | November 30, 2016

After reporting weaker than expected job growth in the previous month, payroll processor ADP launched a report on Wednesday showing that U.S. economic sector employment increased by a lot more than anticipated in the month of November.

The report said economic sector employment leapt by 216,000 tasks in November following a downwardly modified boost of 119,000 tasks in October.

Economic experts had actually expected work to climb by about 160,000 jobs compared to the addition of 147,000 tasks originally reported for the previous month.

Ahu Yildirmaz, vice president and head of the ADP Research Institute, stated job growth was seen in mostly consumer-driven industries like retail, leisure and hospitality.

Employment in the service-providing sector surged up by 228,000 jobs, while the goods-producing sector lost 11,000 tasks.

The report also stated employment at small company increased by 37,000 tasks, while medium and big businesses included 89,000 and 90,000 tasks, respectively.

Mark Zandi, primary economist of Moody’s Analytics, said, “Services worked with aggressively in November and there is little evidence that the unpredictability surrounding the governmental election dampened hiring.”

“In addition, due to the fact that of the tightening labor market, sellers may be accelerating seasonal employing to secure an appropriate labor force to satisfy holiday need, although overall anticipated seasonal hiring might be no higher than last year’s,” he included.

Friday morning, the Labor Department is set up to launch its more closely seen monthly work report, that includes both private and public sector jobs.

Employment is anticipated to increase by 170,000 tasks in November after climbing up by 161,000 jobs in October. The joblessness rate is expected to hold at 4.9 percent.

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

Jonathon Alexander