Daily Video Technical Analysis|EUR/USD|18th April 2017 888011000 110888 We take a good in-depth look at EUR/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 in addition to Stochastic and RSI to determine the best entry, stop loss and revenue targets.Subscribe to me for more everyday technical analysis!The product has actually been supplied by InstaForex Company-www.instaforex.com

By | April 18, 2017

We take a nice detailed look at EUR/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

EUR/USD approaching profit target, stay bullish

By | April 18, 2017

Price has started to bounce really well and is approaching our revenue target. We stay bullish above 1.0600 assistance(Fibonacci retracement, horizontal swing low assistance, ascending support) for a more push up to 1.0704 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).

Stochastic (55,5,3) still has good upside possible for its matching rise.Buy above

1.0600. Stop loss at 1.0562. Take revenue at 1.0704.

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

Jonathon Alexander

Analysis of Silver for April 18, 2017 888011000 110888 Recently, the Silver has actually been trading sideways at the rate of 18.40. According to the 1H time frame, I found that cost has broken the upward channel, which is an indication that purchasing looks dangerous. There is likewise a concealed bearish divergence on the moving typical oscillator, which is another indication of weak point. My recommendations is to expect potential selling chances. Down targets areset at the rate of18.25 and at theprice of 17.95. Resistance levels: R1: 18.40 R2: 18.43 R3: 18.46 Assistance levels: S1: 18.35 S2: 18.33 S3: 18.30 Trading recommendations for today: look for potential selling opportunities.The material has been supplied by InstaForex Company-www.instaforex.com

By | April 18, 2017

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Recently, the Silver has been trading sideways at the price of 18.40. According to the 1H time frame, I found that price has broken the upward channel, which is a sign that buying looks risky. There is also a hidden bearish divergence on the moving average oscillator, which is another sign of weakness. My advice is to watch for potential selling opportunities. Downward targets are set at the price of 18.25 and at the price of 17.95.

Resistance levels:

R1: 18.40

R2: 18.43

R3: 18.46

Support levels:

S1: 18.35

S2: 18.33

S3: 18.30

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

Everyday analysis of major sets for April 18, 2017 888011000 110888 EUR/USD: The EUR/USD set simply combined on April 17, 2017. A breakout to the drawback is anticipated this week, which would most probably favor bears. Nevertheless, this does not rule out possibilities of a bullish effort this week. USD/CHF: The USD/CHF pair not did anything yesterday. The cost is still consolidating, just as it did last week. The combination is expected to continue today up until there is a breakout, which would either take the price above the resistance level at 1.0100 or below the support level at 1.0000. A motion listed below the assistance level at 1.0000 would require a strong selling pressure. GBP/USD: The GBP/USD pair has actually made further bullish effort today, now evaluating the circulation area at 1.2600. There is a Bullish Confirmation Pattern in the market, and the cost might ultimately exceed that circulation area, as it targets other distribution territories at 1.2650 and 1.2700, which are the targets for today. USD/JPY: This currency trading instrument bounced upwards in the context of a drop. The upwards bounce is shallow and it is expected to be a great opportunity to sell brief when the price rises briefly in the context of a sag. That sort of” offering short” may bring better rates as the demand levels at 108.50 and 108.00 are checked once again. EUR/JPY: What has actually occurred to the EUR/JPY is rather just like exactly what has taken place to the USD/JPY. The market has bounced upwards( nothing substantial) in the context of a downtrend, but bears would push the market downwards again, as it goes towards the demand zones at 115.00 , 114.50 and 114.00. The product has been provided by InstaForex Business -www.instaforex.com

By | April 18, 2017

EUR/USD: The EUR/USD pair simply
consolidated on April 17, 2017. A breakout to the downside is anticipated this
week, which would most probably be in favor of bears. However, this does not
rule out possibilities of a bullish effort this week.

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USD/CHF: The USD/CHF pair did nothing yesterday. The price is still consolidating, just as it did last week. The consolidation is supposed to continue this week until there is a breakout, which would either take the price above the resistance level at 1.0100 or below the support level at 1.0000. A movement below the support level at 1.0000 would require a strong selling pressure.

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GBP/USD: The GBP/USD pair has made
further bullish attempt this week, now testing the distribution territory at
1.2600. There is a Bullish Confirmation Pattern in the market, and the price may eventually
go above that distribution territory, as it targets other distribution territories
at 1.2650 and 1.2700, which are the targets for this week.

3.png

USD/JPY: This currency trading
instrument bounced upwards in the context of a downtrend. The upwards bounce is
shallow and it is supposed to be a good opportunity to sell short when the price
rises briefly in the context of a downtrend. That kind of “selling short” may
bring better prices as the demand levels at 108.50 and 108.00 are tested again.

4.png

EUR/JPY: What has happened to
the EUR/JPY is quite similar to what has happened to the USD/JPY. The market has
bounced upwards (nothing significant) in the context of a downtrend, but bears
would push the market downwards again, as it goes towards the demand zones at
115.00, 114.50 and 114.00.

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

Jonathon Alexander

USD/JPY analysis for April 18, 2017 888011000 110888 Just recently, the USD/JPY has actually been trading upwards. As I expected, the rate checked the level of 109.07 and reached my first target. Inning accordance with the 1H time frame, I discovered concealed bullish divergence in the background, whichis a good sign for more upward motions. Mysuggestions is toexpect prospective purchasing chances. The next upward target is set at the cost of 109.37. Resistance levels: R1: 109.09 R2: 109.17 R3:109.30 Assistance levels: S1: 108.85 S2: 108.75 S3: 108.60 Trading suggestions for today: watch for prospective buying opportunities.The product has been offered by InstaForex Business-www.instaforex.com

By | April 18, 2017

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Recently, the USD/JPY has been trading upwards. As I expected, the price tested the level of 109.07 and reached my first target. According to the 1H time frame, I found hidden bullish divergence in the background, which is a good sign for further upward movements. My advice is to watch for potential buying opportunities. The next upward target is set at the price of 109.37.

Resistance levels:

R1: 109.09

R2: 109.17

R3: 109.30

Support levels:

S1: 108.85

S2: 108.75

S3: 108.60

Trading recommendations for today: watch for potential buying opportunities.

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

Jonathon Alexander

Technical analysis of NZD/USD for April 18, 2017 888011000 110888 Overview: The NZD/USD pair dropped from the level of 0.7075 towards 0.7004 considering that recently. The pattern is still set below the 0.7075 level. The resistance of the NZD/USD set is seen at the levels of 0.7075 and 0.7132. The first resistance and 2nd one are seen at the levels of 0.7075 and 0.7132 respectively. The NZD/USD pair is still moving in a sag channel for a while. The rate spot of 0.7075 remains a significant resistance location. There is a possibility that the NZD/USD pair will move disadvantage, and the structure of a fall does not look corrective. In order to show the bearish opportunity below the spot of 0.7075-0.7004, offer below 0.7075- 0.7004 with the very first target at 0.6969 in order to test recently’s bottom. It needs to be noted that support 1 is seen at the level of 0.6969 which corresponds with the double bottom in the one-hour time frame. If the NZD/USD set is able to break out the bottom at 0.6969,the market will decrease even more to 0.6825 in order to test the weekly assistance 2. However, the stop loss ought to be set above the level of 0.7132. The material has been offered by InstaForex Company-www.instaforex.com

By | April 18, 2017

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Overview:

  • The NZD/USD pair dropped from the level of 0.7075 towards 0.7004 since last week. The trend is still set below the 0.7075 level. The resistance of the NZD/USD pair is seen at the levels of 0.7075 and 0.7132. The first resistance and second one are seen at the levels of 0.7075 and 0.7132 respectively. The NZD/USD pair is still moving in a downtrend channel for a while. The price spot of 0.7075 remains a significant resistance area. Therefore, there is a possibility that the NZD/USD pair will move downside, and the structure of a fall does not look corrective. In order to indicate the bearish opportunity below the spot of 0.7075 – 0.7004, sell below 0.7075 – 0.7004 with the first target at 0.6969 in order to test last week’s bottom. Besides, it should be noted that support 1 is seen at the level of 0.6969 which coincides with the double bottom in the one-hour time frame. If the NZD/USD pair is able to break out the bottom at 0.6969, the market will decline further to 0.6825 in order to test the weekly support 2. However, the stop loss should be set above the level of 0.7132.

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

Jonathon Alexander