USDCAD Basic Analysis March 27, 2017 888011000 110888 USDCAD has actually been in a problem after the break below the channel assistance. The cost has actually retested the channel support as resistance numerous times, but still there had actually been no push from either side of the marketplace. Today, on the USD side, FOMC Member Evans will discuss the economic condition and where the USD appeared to lose some grounds as of some details communicating about Trump to make a larger decision soon. Today, there was no events on the CAD side, but tomorrow BOC Guv Poloz will discuss the short-term interest rate decisions. In this occasion period, an excellent amount of volatility is anticipated to hit the USDCAD pair. Overall, still there is no idea of where the price might head in this set though it is expected to be in bearish bias.Now let uslook at the technical view. Today, the cost has been seen declining from the channel resistance once again and as of speeches of some essential workers of both – the US and Canada – by next 24 hours, it is expected that a great amount of volatility is going to strike the marketplace. We are quite biased towards the bearish side as of the channel resistance were not broken with a daily close above it. As long as the cost remains listed below the channel resistance, we will be anticipating the rate to move lower towards the 1.3220 assistance level. The material has been offered by InstaForex Company-www.instaforex.com

By | March 27, 2017

USDCAD has been in a dilemma after the break below the channel support. The price has retested the channel support as resistance various times, but still there had been no push from either side of the market. Today, on the USD side, FOMC Member Evans will speak about the economic condition and where the USD seemed to lose some grounds as of some information communicating about Trump to make a bigger decision soon. Today, there was no events on the CAD side, but tomorrow BOC Governor Poloz will speak about the short-term interest rate decisions. In this event period, a good amount of volatility is expected to hit the USDCAD pair. Overall, still there is no clue of where the price might head in this pair though it is expected to be in bearish bias.

Now let us look at the technical view. Today, the price has been seen rejecting from the channel resistance again and as of speeches of some important personnel of both – the US and Canada – by next 24 hours, it is expected that a good amount of volatility is going to hit the market. We are quite biased towards the bearish side as of the channel resistance were not broken with a daily close above it. As long as the price remains below the channel resistance, we will be expecting the price to move lower towards the 1.3220 support level.

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

Jonathon Alexander

Daily Video Technical Analysis|EUR/JPY|27th March 2017 888011000 110888 We take a nice in-depth look at EUR/JPY and see if there are any trading opportunities for us to make some juicy pips!We integrate the art of Fibonacci retracements, Fibonacci extensions, Assistance & & Resistance in addition to Stochastic and the RSI to identify the very best entry, stop loss and revenue targets.Subscribe to me for more day-to-day technical analysis!The product has actually been provided by InstaForex Business-www.instaforex.com

By | March 27, 2017

We take a nice detailed look at EUR/JPY 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 the 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

Jonathon Alexander

Daily Video Technical Analysis|AUD/USD|28th March 2017 888011000 110888 We take a great detailed look at AUD/USD and see if there are any trading chances for us to make some juicy pips!We combine the art of Fibonacci retracements, Fibonacci extensions, Support & & Resistance together with Stochastic and RSI to figure out the best entry, stop loss and profit targets.Subscribe to me for more daily technical analysis!The material has actually been supplied by InstaForex Company-www.instaforex.com

By | March 27, 2017

We take a nice detailed look at AUD/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

Jonathon Alexander

EURJPY Essential Analysis March 27, 2017 888011000 110888 EURJPY has found its assistance at the 119.40 location and currently having a bullish pullback towards 120. Today JPY appeared a bit weaker having BOJ Summary of Viewpoints satisfying going over about the additional inflation rates and SPPI report which was quite favorable at 0.8% which was anticipated to be at 0.5%. On the other hand, EUR had a high effect news on German Ifo Organisation Climate report which had a great favorable outcome at 112.3 which was anticipated to be at 111.2, it has seen a considerable development which did helped EUR to get some strength over the JPY. This week, EUR is anticipated to JPY in every method and climb some pips higher in this pair.Now let ustake a look at the technical view. The cost has actually bounced off from the support of the 119.40 location and currently breaching the 20 EMA resistance. Today if the market stays above the 20 EMA with an everyday close, it is anticipated that the price will climb up to the 121.80-122.00 resistance location quickly. The material has actually been provided by InstaForex Business- www.instaforex.com

By | March 27, 2017

EURJPY has found its support at the 119.40 area and currently having a bullish pullback towards 120. Today JPY seemed a bit weaker having BOJ Summary of Opinions meeting discussing about the further inflation rates and SPPI report which was quite positive at 0.8% which was expected to be at 0.5%. On the other hand, EUR had a high impact news on German Ifo Business Climate report which had a great positive outcome at 112.3 which was expected to be at 111.2, it has seen a significant growth which did helped EUR to gain some strength over the JPY. This week, EUR is expected to JPY in every way and climb some pips higher in this pair.

Now let us look at the technical view. The price has bounced off from the support of the 119.40 area and currently violating the 20 EMA resistance. Today if the market remains above the 20 EMA with a daily close, it is expected that the price will climb towards the 121.80-122.00 resistance area soon.

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

Jonathon Alexander

Germany Ifo Business Climate Index Beats Forecasts, Hits Highest Since July 2011

By | March 27, 2017

The German Ifo business climate index surprised markets to the upside, coming in at 112.3 points, its highest level since July 2011. Data beat analysts’ expectations for a slight rise to 111.1 for the month.

The gain in the headline index was supported by improvements in the sub-indices for both current trading assessments and future expectations, which rose to 119.3 and 105.7 respectively.

The trade and industry component rose to 17.4 from 15.0 with a strong gain in the manufacturing sector. Construction edged higher on the month with the current situation at the strongest level since 1991. Retail confidence was also higher, although there was a retreat in wholesaling after a surge seen last month.

Data follows last week’s PMI surveys, which suggested the German economy was in its best health for six years and adds to the evidence that euro zone's biggest economy was gaining momentum.

Markets now await data from the European Commission which will publish a gauge for economic confidence in the 19-nation currency bloc on Thursday, and the European Union’s statistics agency will release March inflation data on Friday.

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

Jonathon Alexander

Day-to-day analysis of EUR/USD for March 27, 2017 888011000 110888 Introduction The EUR/USD set succeeded to breach 1.0852 level and closed the last 4-hour time frame above it. That supports the extension of our bullish trend expectations efficiently in the upcoming period, reducing the method towards our next target at 1.0973. Therefore, the bullish pattern will stay favored in the upcoming period. It points that holding above 1.0852 turns to be the first condition for the continuation of the expected rise, pointing that we require a day-to-day close above this level to confirm the extension of the suggested bullish bias. The anticipated trading range for today is between 1.0750 assistance and 1.0973 resistance. The product has been offered by InstaForex Business-www.instaforex.com

By | March 27, 2017

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Overview

The EUR/USD pair succeeded to breach 1.0852 level and closed the last 4-hour time frame above it. That supports the continuation of our bullish trend expectations efficiently in the upcoming period, easing the way towards our next target at 1.0973. Therefore, the bullish trend will remain preferred in the upcoming period. It points that holding above 1.0852 turns to be the first condition for the continuation of the expected rise, pointing that we need a daily close above this level to confirm the continuation of the suggested bullish bias. The expected trading range for today is between 1.0750 support and 1.0973 resistance.

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

Jonathon Alexander

Daily analysis of EUR/JPY for March 27, 2017 888011000 110888 Overview The EUR/JPY pair duplicated its change round the bullish range’s support line, located now around 119.50, impacted by the negativity of the significant indicators that obstruct the anticipated bullish attempts. Therefore, we will keep waiting to collect new favorable momentum to support rallying above 120.65 level followed by starting to record gains by reaching 121.60 followed by 122.80 levels. We need to keep in mind that the cost’s effort to decrease below the existing assistance will postpone the bullish attempts and relocate to develop brand-new correctional bearish predisposition that targets 118.50 level. If it breaks this level, it will extend losses towards 116.80.The anticipated trading range for today is in between 119.50 and 121.60. The product has been provided by InstaForex Business-www.instaforex.com

By | March 27, 2017

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Overview

The EUR/JPY pair repeated its fluctuation round the bullish range’s support line, located now around 119.50, affected by the negativity of the major indicators that block the expected bullish attempts. Thus, we will keep waiting to gather new positive momentum to support rallying above 120.65 level followed by starting to record gains by reaching 121.60 followed by 122.80 levels. We should note that the price’s attempt to decline below the current support will postpone the bullish attempts and move to build new correctional bearish bias that targets 118.50 level. If it breaks this level, it will extend losses towards 116.80. The expected trading range for today is between 119.50 and 121.60.

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

Jonathon Alexander

Global macro analysis for 27/03/2017

By | March 27, 2017

Worldwide macro analysis for 27/03/2017: The withdrawal of Trump’s administration from enforcing the health care reform in Congress harms

the dollar, but likewise the general sentiment of the

market, as it leaves a vacuum on the danger side. You can indicate the good and bad side of Friday’s resolutions, however for now, there is no certainty on which to follow. Voting of the Obamacare Rejection and Alternative Act was canceled since the Republicans were not able to reach a consensus and raise enough votes. On the one hand, failure raises fears that the Trump administration won’t have the ability to meet the project promises. But monetary markets also received the signal that Trump and his entourage would now focus on tax reform, which had formerly been a precursor to success in the field of health reform. Obamacare’s rejection is not required for the tax reform, though it plunges the spending plan cost savings portfolio by some$350 billion over the next years. The issue is likewise a schedule of the work of the Congress, which at the end of next week starts a regular monthly break. Deal with a detailed tax reform for great will begin just in May. In conclusion, in spite of the control of both Homes of Congress by the Republicans, the bulk failed to turn down the Obamacare and authorize the new Health Care Act. The growing concern about Trump’s capability to perform guaranteed reforms weighs on the United States Dollar, which is today the weakest in relation to the G10 currencies.Let’s take a look at the US Dollar index technical image at the H4 timespan. Considering that the FED interest rate decision, the US Dollar was breaking the inbound support

levels and now broke below the February bottom at the level of 99.21. The market conditions, nevertheless, are really oversold and the growing bullish divergence in between the momentum and the rate oscillator suggest the restorative rally might come whenever quickly. There is still unfilled post-FED gap between the levels of 100.88-101.43 and this zone will be considered as the most important resistance for the bulls. The material has actually been provided by

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InstaForex Company -www.instaforex.com

Jonathon Alexander