EUR/JPY Daily Video Technical Analysis – 25th January 2017 888011000 110888 We take a thorough search EUR/JPY to see if there are any trading opportunities readily available for us to trade off and create potential make money from. We describe clearly how we utilize a series of analytical approaches from Fibonacci retracements to Fibonacci extensions, cost action and oscillators to identify such trading opportunities.Join us and learn the best ways to find excellent trading chances through technical analysis!The product has been supplied by InstaForex Business-www.instaforex.com

By | January 25, 2017

We take an in-depth look on EUR/JPY to see if there are any trading opportunities available for us to trade off and generate potential profits from. We explain clearly how we utilize a range of analytical approaches from Fibonacci retracements to Fibonacci extensions, price action and oscillators to determine such trading opportunities.

Join us and learn how to find good trading opportunities through technical analysis!

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

Jonathon Alexander

USD/CHF profit target reached, prepare to turn bearish

By | January 25, 2017

We have actually seen cost bounce completely towards our earnings target. We prepare to turn bearish below 1.0037 resistance(Fibonacci retracement, Fibonacci forecast, descending resistance)for a drop to at least 0.9960 assistance (Fibonacci projection, recent swing low assistance).

Stochastic (21,5,3) is seeing strong resistance below the 91% level.Sell listed below 1.0037. Stop loss at 1.0096. Take revenue at 0.9960.

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

Jonathon Alexander

EUR/USD testing resistance, remain bearish

By | January 25, 2017

We stay bearish listed below strong resistance at 1.0733(Prospective head-and-shoulders development, Fibonacci forecast, Fibonacci retracement)for a push down to 1.0623 (Fibonacci retracement, recent swing low). Stochastic (21,5,3) is seeing strong resistance at 91%.

Sell below 1.0733. Stop loss at 1.0803. Take revenue at 1.0634.

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

Jonathon Alexander

Gold analysis for January 25, 2017 888011000 110888 Recently, gold has been trading downwards. As I anticipated, the cost evaluated the level of$1,193.60. Inning accordance with the 30M time frame, I found bearish divergence on a Moving Average Oscilator, which is a sign of weakness. My guidance is to expect offering chances on the pullbacks. Down targets are set at the price of$ 1,188.60 and$1,177.60. The short-term pattern isdownward. Resistance levels: R1: 1,216.65 R2: 1,219.30 R3: 1,233.65 Support levels: S1: 1,208.00 S2: 1,205.40 S3: 1,201.05 Trading recommendations for today : Look for prospective selling opportunities.The product has been supplied by InstaForex Business -www.instaforex.com

By | January 25, 2017

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Recently, gold has been trading downwards. As I expected, the price tested the level of $1,193.60. According to the 30M time frame, I found bearish divergence on a Moving Average Oscilator, which is a sign of weakness. My advice is to watch for selling opportunities on the pullbacks. Downward targets are set at the price of $1,188.60 and $1,177.60. The short-term trend is downward.

Resistance levels:

R1: 1,216.65

R2: 1,219.30

R3: 1,233.65

Support levels:

S1: 1,208.00

S2: 1,205.40

S3: 1,201.05

Trading recommendations for today: Watch for potential selling opportunities.

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

Jonathon Alexander

EUR/NZD analysis for January 25, 2017 888011000 110888 Just recently, EUR/NZD has actually been trading sideways at the price of 1.4820. Inning accordance with the 15M timespan, I found hidden bearish divergence on the moving typical oscilator. My advice is to expect possible selling chances . A downward target is set at the cost of 1.4767. The total trend is still downward.Fibonacci Pivot Points: Resistance levels R1: 1.4866 R2: 1.4890 R3: 1.4930 Assistance levels: S1: 1.4780 S2: 1.4760 S3: 1.4720 Trading recommendations for today: expect possible selling opportunities.The product has been offered by InstaForex Company-www.instaforex.com

By | January 25, 2017

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Recently, EUR/NZD has been trading sideways at the price of 1.4820. According to the 15M time frame, I found hidden bearish divergence on the moving average oscilator. My advice is to watch for potential selling opportunities. A downward target is set at the price of 1.4767. The overall trend is still downward.

Fibonacci Pivot Points:

Resistance levels

R1: 1.4866

R2: 1.4890

R3: 1.4930

Support levels:

S1: 1.4780

S2: 1.4760

S3: 1.4720

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

USD/CAD intraday technical levels and trading recommendations for January 25, 2017 888011000 110888 The USD/CAD pair was caught in between the cost levels of 1.3000(61.8%Fibonacci level) and 1.3360(50%Fibonacci level)up until a bullish breakout occurred one month ago.The set challenged the upper limit of the depicted channel around 1.3360-1.3400 which was successful to use adequate bearish pressure on the pair.Shortly after, a bearish engulfing weekly candlestick was expressed by the end of the week showing strong resistance around 1.3550. Bearish determination listed below the price level of 1.3300 (50%Fibonacci Level)was achieved.This permitted a further decrease toward 1.3200 and 1.3080(the lower limitation of the illustrated channel )where bullish rejection was expressed as anticipated.A bullish breakout above 1.3360(50%Fibonacci level )was anticipated to enable a more advance toward 1.3700-1.3750( the ceiling of the portrayed channel). Considerable bearish rejection was revealed around 1.3580(recent recognized top). The cost level of 1.3300(50 %Fibonacci Level)failed to offer enough support for the current bearish pullback.That’s why, the current bearish pullback toward 1.3000(61.8 %Fibonacci level )provided a legitimate BUY entry as expected in previous articles.This week, a bullish breakout above 1.3300(50% Fibonacci Level )is needed to improve bullish advance towards 1.3440 and 1.3550. Otherwise, the USD/CAD pair remains trapped within the current combination variety(1.3000-1.3300). The product has been supplied by InstaForex Business-www.instaforex.com

By | January 25, 2017

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The USD/CAD pair was trapped between the price levels of 1.3000 (61.8% Fibonacci level) and 1.3360 (50% Fibonacci level) until a bullish breakout took place one month ago.

The pair challenged the upper limit of the depicted channel around 1.3360-1.3400 which succeeded to apply enough bearish pressure on the pair.

Shortly after, a bearish engulfing weekly candlestick was expressed by the end of the week indicating strong resistance around 1.3550.

Bearish persistence below the price level of 1.3300 (50% Fibonacci Level) was achieved.

This allowed a further decline toward 1.3200 and 1.3080 (the lower limit of the depicted channel) where bullish rejection was expressed as anticipated.

A bullish breakout above 1.3360 (50% Fibonacci level) was expected to allow a further advance toward 1.3700-1.3750 (the upper limit of the depicted channel). However, significant bearish rejection was expressed around 1.3580 (recent established top).

The price level of 1.3300 (50% Fibonacci Level) failed to provide enough support for the recent bearish pullback.

That’s why, the recent bearish pullback toward 1.3000 (61.8% Fibonacci level) offered a valid BUY entry as expected in previous articles.

This week, a bullish breakout above 1.3300 (50% Fibonacci Level) is needed to enhance bullish advance toward 1.3440 and 1.3550. Otherwise, the USD/CAD pair remains trapped within the current consolidation range (1.3000-1.3300).

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

Jonathon Alexander

Technical analysis of GBP/JPY for January 25, 2017 888011000 110888 GBP/JPY is anticipated to trade with a bullish predisposition. The set stays in an increasing trend channel, and is continuing its rebound. Both 50-period and 20-period moving averages need to preserve a bullish bias. And the relative strength index has been supported by an increasing pattern line. As long as 141.80 is not broken down, a more bounce is chosen with 143.15 and 144.00 as targets. The pair is trading above its pivot point. It is likely to trade in a broader variety as long as it stays above its pivot point. For that reason, long positions are recommended with the very first target at 143.15 and the second one at 144.00. In the option circumstance, brief positions are recommended with the very first target at 141.35 if the rate moves listed below its pivot points. A break of this target is most likely to press the set more downwards, and one may anticipate the 2nd target at 140.85. The pivot point is at 141.80. Resistance levels: 143.15, 144.00, 144.75 Support levels: 141.35, 140.85,140.05 The material has been provided by InstaForex Business-www.instaforex.com

By | January 25, 2017

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GBP/JPY is expected to trade with a bullish bias. The pair remains in a rising trend channel, and is continuing its rebound. Both 20-period and 50-period moving averages should maintain a bullish bias. And the relative strength index has been supported by a rising trend line. As long as 141.80 is not broken down, a further bounce is preferred with 143.15 and 144.00 as targets.

The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. Therefore, long positions are recommended with the first target at 143.15 and the second one at 144.00. In the alternative scenario, short positions are recommended with the first target at 141.35 if the price moves below its pivot points. A break of this target is likely to push the pair further downwards, and one may expect the second target at 140.85. The pivot point is at 141.80.

Resistance levels: 143.15, 144.00, 144.75

Support levels: 141.35, 140.85,140.05

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

Jonathon Alexander

Italy Industrial Orders Climb For Second Month

By | January 25, 2017

Italy’s industrial orders increased for the second straight month in November, data from the statistical office Istat showed Wednesday.

Industrial orders rose a seasonally adjusted 1.5 percent month-over-month in November, faster than October’s 1.0 percent climb.

Demand in domestic market grew 1.0 percent and that in non-domestic market advanced by 2.4 percent.

On an annual basis, industrial orders edged up 0.1 percent in November, reversing a 3.2 percent drop in the prior month.

Data also showed that industrial turnover gained 2.4 percent monthly in November, following a 0.8 percent increase in the preceding month. Yearly, industrial sales rebounded 3.9 percent from October, when it decreased by 0.9 percent.

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

Jonathon Alexander