Swiss Retail Sales Fall Less Than Projection

By | December 1, 2016

Swiss retail sector turnover decreased less than expected in October, information from the Federal Statistical Office revealed Thursday.

Retail turnover dropped 0.5 percent in October from prior year, much smaller sized than the expected 2.2 percent decrease.

On a regular monthly basis, retail sales development accelerated to 1.2 percent in October from 0.3 percent in September.

In small terms, retail turnover fell 0.9 percent in October from previous year, while sales rose 1.3 percent from previous month.

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

Jonathon Alexander

EUR/NZD analysis for December 01, 2016 888011000 110888 Recently, EUR/NZD has actually been moving upwards. As I expected, the cost tested the level of 1.5006 in a high volume. Utilizing the marketplace profile chart on 30M time frame, I discovered that purchasers remain in control today on the marketplace. The price is trading above the other day’s high, which readies sign for further upwrad motion. Expect possible purchasing chances on the dips. I placed Fibonacci growth to discover potential upward targets. I got Fibonacci expansion 61.8 %at the price of 1.5020 and Fibonacci growth 100% at the price of 1.5075. Fibonacci Pivot Points: Resistance levels R1: 1.4975 R2: 1.5005 R3: 1.5060 Assistance levels: S1: 1.4870 S2: 1.4835 S3: 1.4780 Trading recommendations for today: watch for a possible upward movement.The product has been offered by InstaForex Business- www.instaforex.com

By | December 1, 2016

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Recently, EUR/NZD has been moving upwards. As I expected, the price tested the level of 1.5006 in a high volume. Using the market profile chart on 30M time frame, I found that buyers are in control today on the market. The price is trading above yesterday’s high, which is good sign for further upwrad movement. Watch for potential buying opportunities on the dips. I placed Fibonacci expansion to find potential upward targets. I got Fibonacci expansion 61.8% at the price of 1.5020 and Fibonacci expansion 100% at the price of 1.5075.

Fibonacci Pivot Points:

Resistance levels

R1: 1.4975

R2: 1.5005

R3: 1.5060

Support levels:

S1: 1.4870

S2: 1.4835

S3: 1.4780

Trading recommendations for today: watch for a potential upward movement.

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

Jonathon Alexander

Technical analysis of USD/CAD for December 1, 2016 888011000 110888 General overview for 01/12/2016:The bottom for the wave c (green) may be currently in place and that would suggest the wave (a) (blue) has been completed. The low of this wave at the level of 1.3355 will now serve as an intraday support, so if the count is right, the market must now move higher towards the golden pattern line resistance around the level of 1.3500. As a possible wave (b) is in progress, the structure here might get intricate and lengthy.Support/Resistance:1.3588 – Regional High1.3583 – WR11.3464 – Intraday Resistance1.3482 – Weekly Pivot1.3429 – WS11.3355 – Intraday Assistance1.3323 – WS2Trading suggestions:As the restorative cycle is still unfolding, daytraders ought to open just offer orders around the level of 1.3482 as there is incomplete wave progression to the drawback. The very first TP should be set at the level of 1.3233. The product has actually been suppliedby InstaForex Company – www.instaforex.com

By | December 1, 2016

General overview for 01/12/2016:

The bottom for the wave c (green) might be already in place and that would mean the wave (a) (blue) has been completed as well. The low of this wave at the level of 1.3355 will now act as an intraday support, so if the count is correct, the market should now move higher towards the golden trend line resistance around the level of 1.3500. As a possible wave (b) is in progress, the structure here might get complex and time-consuming.

Support/Resistance:

1.3588 – Local High

1.3583 – WR1

1.3464 – Intraday Resistance

1.3482 – Weekly Pivot

1.3429 – WS1

1.3355 – Intraday Support

1.3323 – WS2

Trading recommendations:

As the corrective cycle is still unfolding, daytraders should open only sell orders around the level of 1.3482 as there is incomplete wave progression to the downside. The first TP should be set at the level of 1.3233.

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

Jonathon Alexander

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

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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

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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