Fundamental Analysis of EUR/AUD for September 15, 2017 888011000 110888 EUR/AUD is currently living at the edge of 1.4880 assistance level in a corrective unpredictable trend structure. Both currencies in this pair have been rather strong amidst favorable economic reports just recently, so the marketplace sentiment is rather confused about offering proper directional push in the market by now. Just recently, Australia’s Work Modification report was published with a considerable boost to 54.2 k from the previous figure of 29.3 k which was anticipated to reduce to 17.5 k whereas Unemployment Rate was released with a the same worth of 5.6% as expected. On the other hand, EUR has actually been likewise quite positive with the Work change and other financial reports published just recently which put the market in a more restorative structure. Today, the eurozone’s Trade Balance report is going to be released which is expected to reduce to 20.1 B from the previous figure of 22.3 B. If the financial reports show even worse figures today, then we might see AUD taking correct advantage of the reports to increase its gains over EUR. As today AUD did not have any economic reports however the even worse report from the eurozone can quickly put pressure on market belief which will be impulsively bearish in nature for the coming days.Now let ustake a look at the technical chart. The cost is presently residing at the edge of 1.4880 assistance level which is also being held by the dynamic level of 20 EMA as resistance. As the rate remains below the vibrant level of 20 EMA, the bearish pressure is anticipated to be constant in the market. If the cost breaks below 1.4880 with a day-to-day close today, then we may see more bearish pressure in the coming days with a target towards 1.4500. The material has actually been supplied by InstaForex Company -www.instaforex.com

By | September 15, 2017

EUR/AUD is currently residing at the edge of 1.4880 support level in a corrective volatile trend structure. Both currencies in this pair have been quite strong amid positive economic reports recently, so the market sentiment is quite confused about providing proper directional push in the market by now. Recently, Australia’s Employment Change report was published with a significant increase to 54.2k from the previous figure of 29.3k which was expected to decrease to 17.5k whereas Unemployment Rate was published with an unchanged value of 5.6% as expected. On the other hand, EUR has been also quite positive with the Employment change and other economic reports published recently which put the market in a more corrective structure. Today, the eurozone’s Trade Balance report is going to be published which is expected to decrease to 20.1B from the previous figure of 22.3B. If the economic reports show worse figures today, then we might see AUD taking proper advantage of the reports to increase its gains over EUR. As today AUD did not have any economic reports but the worse report from the eurozone can easily put pressure on market sentiment which will be impulsively bearish in nature for the coming days.

Now let us look at the technical chart. The price is currently residing at the edge of 1.4880 support level which is also being held by the dynamic level of 20 EMA as resistance. As the price remains below the dynamic level of 20 EMA, the bearish pressure is expected to be constant in the market. If the price breaks below 1.4880 with a daily close today, then we might see further bearish pressure in the coming days with a target towards 1.4500.

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

Jonathon Alexander

Bitcoin analysis for 15/09/2017

By | September 15, 2017

Bitcoin analysis for 15/09/2017: BTC China, one of the biggest cryptanalysts in China, has simply revealed that it will formally close on September 30. The decision to close the stock exchange is primarily due to the current policies that also prohibited ICO jobs. BTC China, nevertheless, ensures that outside the Chinese market, the stock exchange will continue to run. The BTCC is not the very first stock market impacted by current regulatory actions. Binance business has actually already mentioned that it will leave the Chinese market some time later.The market information show that the cost of Bitcoin is continuously decreasing. Additionally, there are some rumors about the introduction by the Chinese authorities of a ban on the exchange of Bitcoins into the typical currency.Let’s now take

a look at the Bitcoin technical image on the H4 time frame. The wave C slide down has actually reached the 161%Fibo extensions at the level of $3,079 and 61%Fibo retracement at the level of $3.012. This is an excellent zone for a momentary bounce in order to establish the wave (iv) correction. When this correction is done, there is another wave to the disadvantage left for the entire down cycle to bounce and terminate up.

With InstaForex, you can make on cryptocurrency’s motions right now. Just open a handle your MetaTrader4.

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

Jonathon Alexander

Fundamental Analysis of NZD/USD for September 15, 2017 888011000 110888 NZD/USD has actually been quite volatile and corrective inside the variety in between the resistance area of 0.7370-0.7460 and support area of 0.6940-0.7050. Both countries have published upbeat financial reports today which led to corrective structure in the market. The restorative structure is currently rather non-directional however bears are expected to obtain much better momentum because of recent positive high impact financial reports published on USD side. Today, Company NZ Production Index report was published with a boost to 57.9 from the previous figure of 55.5. The favorable economic report did help the currency to get some bullish momentum versus USD which can be erased by the end of the day as high impact financial reports from the United States are yet to be published. Today, US Core Retail Sales report is going to be released which is anticipated to be the same at 0.5%, Retail Sales report is anticipated to show a reduction to 0.1% from the previous worth of 0.6%, Empire State Manufacturing Index is expected to reduce to 18.2 from the previous figure of 25.2, Capability Utilization Rate is anticipated to have a minor increase to 76.8% from the previous value of 76.7%, Industrial Production report is expected to reduce to 0.1% from the previous worth of 0.2%, and Prelim UoM Customer Belief is anticipated to reduce to 95.1 from the previous figure of 96.8. The projections for the US economic reports today are rather mixed in nature that is expected to produce a great amount of volatility in the market where any positive report publishing today will lead to USD gain versus NZD in the coming days.Now let uslook at the technical chart. The rate is currently being held by the dynamic level of 20 EMA inside the variety between the resistance area of 0.7370-0.7460 and support location of 0.6940-0.7050. The price has been rather volatile and corrective in nature whereas the bullish rejections are quite larger than the bearish rejections along the method which indicates that the bears are currently in a much better position than bulls along the procedure. As the rate remains below the vibrant level of 20 EMA, the bearish predisposition is expected to continue taking the rate towards the support area of 0.6940-0.7050. The material has actually been provided by InstaForex Company-www.instaforex.com

By | September 15, 2017

NZD/USD has been quite volatile and corrective inside the range between the resistance area of 0.7370-0.7460 and support area of 0.6940-0.7050. Both countries have published upbeat economic reports this week which led to corrective structure in the market. The corrective structure is currently quite non-directional but bears are expected to get better momentum in light of recent positive high impact economic reports published on USD side. Today, Business NZ Manufacturing Index report was published with an increase to 57.9 from the previous figure of 55.5. The positive economic report did help the currency to gain some bullish momentum against USD which can be wiped out by the end of the day as high impact economic reports from the US are yet to be published. Today, US Core Retail Sales report is going to be published which is expected to be unchanged at 0.5%, Retail Sales report is expected to show a decrease to 0.1% from the previous value of 0.6%, Empire State Manufacturing Index is expected to decrease to 18.2 from the previous figure of 25.2, Capacity Utilization Rate is expected to have a slight increase to 76.8% from the previous value of 76.7%, Industrial Production report is expected to decrease to 0.1% from the previous value of 0.2%, and Prelim UoM Consumer Sentiment is expected to decrease to 95.1 from the previous figure of 96.8. The forecasts for the US economic reports today are quite mixed in nature that is expected to create a good amount of volatility in the market where any positive report publishing today will lead to USD gain against NZD in the coming days.

Now let us look at the technical chart. The price is currently being held by the dynamic level of 20 EMA inside the range between the resistance area of 0.7370-0.7460 and support area of 0.6940-0.7050. The price has been quite volatile and corrective in nature whereas the bullish rejections are quite larger than the bearish rejections along the way which signals that the bears are currently in a better position than bulls along the process. As the price remains below the dynamic level of 20 EMA, the bearish bias is expected to continue taking the price towards the support area of 0.6940-0.7050.

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

Jonathon Alexander

Trading prepare for 15/09/2017

By | September 15, 2017

Trading plan for 15/09/2017: Another North Korean rocket test for numerous hours dominated the financial markets. The ballistic test, in which the rocket flew over the Japanese island of Hokkaido, does not escalate stress in the eyes of financiers as it does not bring the conflict to a new level. Such an evaluation is confirmed by the steady exchange rate of Gold and the predominance of purchasers on Asian stock exchanges. USD/JPY is likewise catching up rapidly and is almost 100 pips higher at 109.50. GBP/USD goes above 1.3400, EUR/USD is at 1.1910

On Friday 15th of September, the event calendar is light in an essential news release, so just during the US session, some information will be published, like Retail Sales, Empire State Manufacturing Index, Industrial Production, Company Inventories, and Initial UoM Consumer Sentiment.GBP/ USD analysis for 15/09/2017:

Yesterday, the Bank of England decided to leave the interest rate the same at the level of 0.25%, together with Asset Purchase Facility at the level of 435Bln. There was a 7-2 elect the decision which was also in line with agreement projections from a 6-2 vote at the previous conference. McCafferty and Saunders again voted for an immediate boost in rates to 0.50%. In the main statement, BoE stated, that it sees the potential for rate of interest to increase within the next couple of months if the economy grows as expected and hidden price pressures rise. All MPC members also judged that policy must be tightened up quicker than the market anticipates. The BoE inflation expectations were raised to over 3.0% in October. In conclusion, the overall rhetoric was way more hawkish than anticipated, so the expectations for a future interest rate hike has actually made the British Pound to rally throughout the board.Let’s now take a look at the GBP/USD technical picture on the H4 amount of time. The price bounced from the lower line of the golden channel and rallied up to the everyday timespan technical resistance at the level of 1.3450. Currently, the zone in between the levels of.13250 – 1.3270 will function as a technical support for bulls. It is worth to discover, that the marketplace conditions are overbought and there is a noticeable bearish divergence in between the rate and the momentum indication. The closest support is seen at the level of 1.3327.

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Market Snapshot

: Gold approaching trend line The rate of Gold moved even more far from the recent swing high at the level of$1,357 and presently is approaching the long-lasting navy pattern line around the level of $1,311. Any breakout below the gray area in between the levels of $1,298 -$1, 308 would confirm the top in Gold at the level of $1,357 and more decline to the level of $1,280.

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Market Snapshot: USD/CAD in horizontal correction The cost of USD/CAD has actually made another marginal lower low at the level of 1.2061 and ever since the rate is moving in a sideway channel between the levels of 1.2090 -.12230. This appears like a technical bearish flag pattern, which is a trend continuation sign. To change this predisposition, the bull camp would need to break out above the essential technical resistance zone at the level of 1.2440.

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

Jonathon Alexander

Technical analysis of USD/JPY for September 15, 2017 888011000 110888 USD/JPY is expected to trade with a bullish outlook.The pair broke above the bullish channel, which confirmed a positive outlook. The 20-period moving average crossed below the 50-period one. The relative strength index is heading up. Thus, as long as 110.25 hangs on the upside, a further benefit to 110.80 as well as to 111.05 appears most likely to take place. If the price relocations in the opposite instructions, a short position is advised listed below 110.25 with a target at 109.85. Chart Description: The black line reveals the pivot point. The current rate above the pivot point suggests a bullish position, while the rate listed below the pivot point is a signal for a short position.The red lines reveal the support levels and the green line suggeststhe resistance level. These levels can be utilized to exit and enter trades.Strategy: BUY, Stop Loss: 110.80 , Take Earnings: 111.05 Resistance levels: 110.80, 111.05, and 111.80 Assistance Levels: 109.85, 109.50, 109.05 The material has actually been offered by InstaForex Company -www.instaforex.com

By | September 15, 2017

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USD/JPY is expected to trade with a bullish outlook.The pair broke above the bullish channel, which confirmed a positive outlook. The 20-period moving average crossed below the 50-period one. The relative strength index is heading upward.

Hence, as long as 110.25 holds on the upside, a further upside to 110.80 and even to 111.05 seems more likely to occur.

Alternatively, if the price moves in the opposite direction, a short position is recommended below 110.25 with a target at 109.85.

Chart Explanation: The black line shows the pivot point. The current price above the pivot point indicates a bullish position, while the price below the pivot point is a signal for a short position. The red lines show the support levels and the green line indicates the resistance level. These levels can be used to enter and exit trades.

Strategy: BUY, Stop Loss: 110.80, Take Profit: 111.05

Resistance levels: 110.80, 111.05, and 111.80 Support Levels: 109.85, 109.50, 109.05

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

Jonathon Alexander

Technical analysis of USD/CHF for September 15, 2017 888011000 110888 The set retreated from 0.9705 (the high of September 14) and broke listed below its 50-period and 20-period moving averages. The relative strength index is topped by a bearish trend line because September 14. The reported acceleration in U.S. customer prices, which assisted to raise expectations of theFederal Reserve keeping its interest-rate-rise schedule this year, did not provide the United States dollar a sustainable boost.To summarize, as long as 0.9680 is not exceeded, search for a brand-new test with targets at 0.9605 and 0.9580 in extension. Chart Description: The black line reveals the pivot point. Today cost above the pivot point suggests a bullish position, and the price listed below the pivot points indicates a short position. The red lines reveal the assistance levels and the green lineindicates the resistance levels. These levels can be used toleave and get in trades.Strategy: PURCHASE, Stop Loss: 0.9680, Take Earnings: 0.9605 Resistance levels: 0.9705, 0.9735, and 0.9800 Support levels: 0.9605, 0.9580, and 0.9500 The material has been provided by InstaForex Business-www.instaforex.com

By | September 15, 2017

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The pair retreated from 0.9705 (the high of September 14) and broke below its 20-period and 50-period moving averages. The relative strength index is capped by a bearish trend line since September 14.

The reported acceleration in U.S. consumer prices, which helped to raise expectations of the Federal Reserve keeping its interest-rate-rise schedule this year, did not give the U.S. dollar a sustainable boost.

To sum up, as long as 0.9680 is not surpassed, look for a new test with targets at 0.9605 and 0.9580 in extension.

Chart Explanation: The black line shows the pivot point. The present price above the pivot point indicates a bullish position, and the price below the pivot points indicates a short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Strategy: BUY, Stop Loss: 0.9680, Take Profit: 0.9605

Resistance levels: 0.9705, 0.9735, and 0.9800

Support levels: 0.9605, 0.9580, and 0.9500

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

Jonathon Alexander

Technical analysis of GBP/JPY for September 15, 2017 888011000 110888 We will retain our the other day’s outlook of GBP/JPY. It is still anticipated to trade in a greater variety. The pair is hanging on the upside and is trading above its increasing 20-period and 50-period moving averages, which play support functions. The relative strength index is above its neutrality level at 50. To conclude, as long as 146.55 holds on the drawback, look for a further increase to 48.50 as well as to 149.10 in extension. If the price relocations in the direction opposite to the projection, a short position is suggested below 146.55 with the target at 145.65. Method: BUY, Stop Loss: 146.55, Take Earnings: 148.50. Chart Explanation: the black line reveals the pivot point. The price above the pivot point shows the bullish position; and when it is listed below the pivot points, it indicates a brief position.The red lines reveal the support levels and the green line suggests the resistance levels. These levels can be utilized to leave and enter trades.Resistance levels: 148.50, 149.10, and 149.60 Assistance levels: 145.65, 144.80, and 144.00 The product has been provided by InstaForex Company -www.instaforex.com

By | September 15, 2017

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We will retain our yesterday’s outlook of GBP/JPY. It is still expected to trade in a higher range. The pair is holding on the upside and is trading above its rising 20-period and 50-period moving averages, which play support roles. The relative strength index is above its neutrality level at 50.

To conclude, as long as 146.55 holds on the downside, look for a further rise to 48.50 and even to 149.10 in extension.

Alternatively, if the price moves in the direction opposite to the forecast, a short position is recommended below 146.55 with the target at 145.65.

Strategy: BUY, Stop Loss: 146.55, Take Profit: 148.50.

Chart Explanation: the black line shows the pivot point. The price above the pivot point indicates the bullish position; and when it is below the pivot points, it indicates a short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Resistance levels: 148.50, 149.10, and 149.60

Support levels: 145.65, 144.80, and 144.00

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

Jonathon Alexander

Technical analysis of NZD/USD for September 15, 2017 888011000 110888 NZD/USD is anticipated to sell a lower variety as the set is listed below its resistance level. In spite of the current bounce, the set is still trading listed below the decreasing 50-period moving average. The upside capacity should be restricted by the key resistance at 0.7255. Even though an extension of the technical rebound can not be dismissed, its extent ought to be limited. For that reason, below 0.7255, anticipate a more drop to 0.7210 as well as to 0.7190 in extension. The black line reveals the pivot point. Currently, the price is above the pivot point, which shows the bullish position. It will suggest the short position if it remains below the pivot point. The red lines show the assistance levels and the green line indicates the resistance levels. These levels can be used to get in and leave trades.Resistance levels: 0.7275, 0.7305, and 0.7350 Support levels: 0.7210, 0.7190, and 0.7150 The product has actually been offered by InstaForex Company -www.instaforex.com

By | September 15, 2017

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NZD/USD is expected to trade in a lower range as the pair is below its resistance level. Despite the recent bounce, the pair is still trading below the declining 50-period moving average. The upside potential should be limited by the key resistance at 0.7255. Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Therefore, below 0.7255, expect a further drop to 0.7210 and even to 0.7190 in extension.

The black line shows the pivot point. Currently, the price is above the pivot point, which indicates the bullish position. If it remains below the pivot point, it will indicate the short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Resistance levels: 0.7275, 0.7305, and 0.7350

Support levels: 0.7210, 0.7190, and 0.7150

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

Jonathon Alexander

Ichimoku indication analysis of USDX for September 15, 2017 888011000 110888 The caution for Dollar bulls played through. Price got declined at the 61.8% Fibonacci retracement, however Dollar bulls are now resisting. Cost appreciated the important assistance and trend change level at 91.70 and did not break it. Black line -assistance The Dollar index is inside the 4-hour Kumo. Trend is neutral in the short-term. Rate has not made a lower low. Cost is still above assistance at 91.70. This prefers bulls. Bears have to break below the cloud and below the black trend line. Every day, we have a rejection at the kijun-sen (yellow line sign). Trend of course stays bearish. Bulls need to hold above the tenkan-sen(Red line indicator )while the bears will have to break below it, in order to validate that the bounce is over and we should not anticipate a bigger one. Longer-term view stays bearish expecting a move listed below 90. The product has been provided by InstaForex Business -www.instaforex.com

By | September 15, 2017

The warning for Dollar bulls played through. Price got rejected at the 61.8% Fibonacci retracement, but Dollar bulls are now fighting back. Price respected the critical support and trend change level at 91.70 and did not break it.

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Black line – support

The Dollar index is inside the 4-hour Kumo. Trend is neutral in the short-term. Price has not made a lower low. Price is still above support at 91.70. This favors bulls. Bears need to break below the cloud and below the black trend line.

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On a daily basis, we have a rejection at the kijun-sen (yellow line indicator). Trend of course remains bearish. Bulls need to hold above the tenkan-sen (Red line indicator) while the bears will need to break below it, in order to confirm that the bounce is over and we should not expect a bigger one. Longer-term view remains bearish expecting a move below 90.The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander

Ichimoku indication analysis of gold for September 15, 2017 888011000 110888 Gold price has bounced towards our essential short-term resistance and pattern change level of $1,334. Cost got turned down. This is not a good indication for bulls. Short-term trend is warranted and weak a much deeper draw back towards $1,310. Black rectangular shape -resistance Gold cost is back inside the cloud. The rejection at the resistance implies more disadvantage ahead. As long as price is listed below $ 1,334 rate is in danger of making brand-new lows towards $1,310 -$1,300. In case resistance is broken, we ought to start our next relocate to brand-new highs. On a daily basis, we have a reversal candle light so far. It is too early to tell, however the rejection at the tenkan-sen(Red line indicator) indicates more downside to be anticipated. Longer-term we stay bullish looking for a move above$1,400. The product has actually been provided by InstaForex Business- www.instaforex.com

By | September 15, 2017

Gold price has bounced towards our important short-term resistance and trend change level of $1,334. Price got rejected. This is not a good sign for bulls. Short-term trend is weak and justified a deeper pull back towards $1,310.

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Black rectangle – resistance

Gold price is back inside the cloud. However the rejection at the resistance implies more downside ahead. As long as price is below $1,334 price is in danger of making new lows towards $1,310-$1,300. In case resistance is broken, we should start our next move to new highs.

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On a daily basis, we have a reversal candle so far. It is too early to tell, but the rejection at the tenkan-sen (Red line indicator) implies more downside to be expected. Longer-term we remain bullish looking for a move above $1,400.The material has been provided by InstaForex Company – www.instaforex.com

Jonathon Alexander