BITCOIN Analysis for February 15, 2019 888011000 110888 Bitcoin is presently trading above $3,600 with the view of a further climb. The price is breaking above the pattern line resistance. The rate is presently being contained by the Kumo Cloud resistance and held by the vibrant levels like 20 EMA, Tenkan, and Kijun line as support. According to the MACD, the price has not formed any strong Bullish Divergence proof. However, being above $3,500-600 shows that the bulls are prepared to press the cost higher in the coming days. As the cost breaks above $3,650 with an intraday candle light or bar, further bullish pressure is anticipated to continue in the coming days with a target at $3,750 and later on towards $4,000.SUPPORT: 3,000, 3,500, 3,600RESISTANCE: 3,750, 4,000PREDISPOSITION: BULLISHMOMENTUM: VOLATILE The product has actually been supplied by InstaForex Business -www.instaforex.com

By | February 15, 2019

Bitcoin is currently trading above $3,600 with the view of a further climb. The price is breaking above the trend line resistance. The price is currently being contained by the Kumo Cloud resistance and held by the dynamic levels like 20 EMA, Tenkan, and Kijun line as support. According to the MACD, the price has not formed any strong Bullish Divergence evidence yet. However, being above $3,500-600 indicates that the bulls are ready to push the price higher in the coming days. As the price breaks above $3,650 with an intraday candle or bar, further bullish pressure is expected to continue in the coming days with a target at $3,750 and later towards $4,000.

SUPPORT: 3,000, 3,500, 3,600

RESISTANCE: 3,750, 4,000

BIAS: BULLISH

MOMENTUM: VOLATILE

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

Jonathon Alexander

Basic Analysis of EUR/GBP for February 15, 2019 888011000 110888 EUR/GBP is presently trading at the edge of 0.8800-50 resistance area from where the rate is expected to sink lower following the overall sag. The eurozone has actually been publishing proof of an economic downturn. As an outcome, EUR is set to lose ground versus GBP in the coming days despite the BREXIT uncertainty. The concern is still open whether the UK will leave the EU with or without a divorce deal. Speculators are presently discussing on the benefits and risks of each choice. As the UK is dealing with political turmoil, the BREXIT circumstance is getting more strange. First Prime Minister Theresa May should get a BREXIT deal authorized by the British parliament. Then she will decide whether to delay BREXIT or thrust the economy without any DEAL. No Offer BREXIT makes sure to posture an international danger where GBP will be the main victim. The European Union is not in the mood of delaying BREXIT which might lead to NO DEAL BREXIT. This worst-case situation will certainly send shock waves across international financial markets. The weak GDP report from the UK was the most significant problem for GBP buyers today which is expected to be gotten rid of in the coming days as the eurozone weak point prevents the market sentiment far from EUR. UK CPI and Manufacturing Production reports also revealed downbeat data. Meanwhile, GBP has been the weaker currency in the pair. On the other hand, downbeat financial reports from the eurozone also bearish for EUR. This may encourage GBP to gain momentum if the UK provides much better economic reports in the coming days. As an outcome, the set may carry on with its decline in the coming days.Now let uslook at the technical view. The cost is currently trading at the edge of 0.8800-50 from where the recent bullish corrective weak point is anticipated to lead the cost lower towards 0.8650 support area in the coming days. As the cost remains below 0.90 area with a daily close, the bearish bias is expected to continue further.SUPPORT: 0.8500,0.8650 RESISTANCE: 0.8850, 0.8950, 0.90 PREDISPOSITION: BEARISH MOMENTUM: VOLATILE The product has actually been supplied byInstaForex Business -www.instaforex.com

By | February 15, 2019

EUR/GBP is currently trading at the edge of 0.8800-50 resistance area from where the price is expected to sink lower following the overall downtrend. The eurozone has been posting evidence of an economic slowdown. As a result, EUR is set to lose ground versus GBP in the coming days despite the BREXIT uncertainty.

The question is still open whether the UK will leave the EU with or without a divorce deal. Speculators are currently debating on the benefits and pitfalls of each decision. As the UK is facing political turmoil, the BREXIT situation is getting more mysterious. First Prime Minister Theresa May should get a BREXIT deal approved by the British parliament. Then she will decide whether to delay BREXIT or thrust the economy with NO DEAL. No Deal BREXIT is sure to pose a global threat where GBP will be the main victim. The European Union is not in the mood of delaying BREXIT which might lead to NO DEAL BREXIT. This worst-case scenario will certainly send shock waves across global financial markets.

The weak GDP report from the UK was the biggest nuisance for GBP buyers this week which is expected to be overcome in the coming days as the eurozone weakness averts the market sentiment away from EUR. Moreover, UK CPI and Manufacturing Production reports also revealed downbeat data.

Meanwhile, GBP has been the weaker currency in the pair. On the other hand, downbeat economic reports from the eurozone also bearish for EUR. If the UK presents better economic reports in the coming days, this may encourage GBP to gain momentum. As a result, the pair may carry on with its decline in the coming days.

Now let us look at the technical view. The price is currently trading at the edge of 0.8800-50 from where the recent bullish corrective weakness is expected to lead the price lower towards 0.8650 support area in the coming days. As the price remains below 0.90 area with a daily close, the bearish bias is expected to continue further.

SUPPORT: 0.8500, 0.8650

RESISTANCE: 0.8850, 0.8950, 0.90

BIAS: BEARISH

MOMENTUM: VOLATILE

analytics5c668685b4dff.png

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

Jonathon Alexander

GBP/ USD: as the Brexit due date techniques, the prospects for the pound appearance gloomier

By | February 15, 2019

In recent weeks, the pound has lost more than 2%in weight versus the background of the reality that wish for the execution of the “soft”Brexit circumstance or its post ponement are slowly fading.< img width ="450"src= "http://qkfx.com/wp-content/uploads/2019/02/gbp-usd-as-the-brexit-deadline-approaches-the-prospects-for-the-pound-look-gloomier-1.png"alt="BAEhMVyUaB2aQZmdRqJSadKmAAXOHv5fpbc6EfRl"/ >

According to a variety of professionals, provided the downturn in the British economy and the low likelihood of a fast removal of uncertainty around the divorce procedure, the potential customers for the pound appearance rather bleak.

“The possibilities that Theresa May and the pound sterling will fall under the void on March 29 are increasing every minute, “experts at Commerzbank said. On the eve of your house of Commons did not support the government’s strategy for negotiations with the EU on the terms of the country’s withdrawal from the alliance. May lost by 303 votes to 258.

Despite the reality that this vote was of a technical nature, its outcome does not require the cabinet to alter its approach to Brexit, however rather improves the sensation of a political crisis in the country and may adversely impact London’s settlements with Brussels.

In addition, the reluctance of the celebrations at any cost to reach a consensus on the problem of the so-called “backstop” lowers the probability that the UK will eventually manage to retain subscription in the EU customizeds union and remain part of the single European market.

According to estimates from Bank of America Merrill Lynch, a pound can stay up to $ 1.10 if the United Kingdom leaves the EU without an offer.

“Even when it comes to a quick settlement of concerns associated with Brexit, the weak point of the pound may persist due to essential aspects,” stated BNY Mellon.

“The closer March 29, the more British business will start to implement emergency strategies, which will slow the growth of the country’s economy to about 0.2% in the first quarter, which will have a negative impact on the pound,” stated ING agents.

Therefore, it should be anticipated that with the Brexit deadline approaching, the pressure on the pound will only increase, a minimum of till there is news of a possible compromise on the divorce contract between the EU and Britain. In the meantime, markets do not even dismiss the application of the “hard” scenario.The product has actually been offered by InstaForex Company -www.instaforex.com

Jonathon Alexander

Trading recommendations for the GBPUSD currency set – potential customers for further motion

By | February 15, 2019

Over the past trading day, the currency set Pound/ Dollar revealed volatility which is practically equivalent to the typical daily of 104 points, as a result of reaching the anticipated level. From the viewpoint of technical analysis, we have an extreme reducing movement, where the quote still managed to reach the predicted level of 1.2770, and then develop a stagnancy. On the other hand, the news background had statistical information on retail sales in the United States, where, according to forecasts, growth was expected from 4.1% to 4.5%, nevertheless, the outcome was completely a different image. Retail sales display a decline to 2.3%. Without a doubt, these figures are stunning for the investors, yet what we see on the trading chart is pound/ dollar pair-the dollar continued to reinforce. The reason for this sort of anti-resonance depend on the information background, which did not permit the English currency to enhance, as its fellow euro/ dollar did. The essence of the info background was that there was a regular vote in the British Parliament on the topic of an agreement, or you can simply state Theresa May’s strategy for succession from the EU. As you can currently think, Theresa May was defeated when again: 303 people were against while 258 remain in favor. Although this vote was technical, this sound was enough to turn the English Pound.

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Today, from the point of view of the financial calendar, market participants are waiting on the information on retail sales in Britain, where development is anticipated from 3.0% to 3.4%. This news, coupled with the level of 1.2770, can give impulse to the development of the pound. Next, we follow the information from the United States,, where industrial production is expected to reduce from 3.2% to 2.1%, which can which can also take into the hands of the pound in constructing a correction.Moreover, the upcoming trading week in terms of the economic calendar is relatively calm. The week starts with a day off in the United States, where they commemorate the”Presidential Day”. Noted listed below are the chosen most considerable events. Likewise, do not forget about the background details, which spontaneously removes on the market.Monday United States-a day off, commemorating”Governmental Day”Tuesday UK 12:30 MSK- Typical wage with bonuses(Dec): Prev.

3.4%UK 12:30 MSK – Prev. 20.8 K UK 12:30 MSK- Unemployment rate(December): Prev. 4.0%Wednesday United States 22:00 MSK – Publication of FOMC protocols Thursday United States 16:30 MSK

-Fundamental orders for long lasting goods(m/ m)(December): Prev. -0.3

%– >

0.2%projection United States 18:00 MSK -Sales in the secondary housing market(Jan): Prev. 4.99 M– >> Forecast 5.05 M

These are subject and preliminary to change. Further advancement Evaluating the present trading chart, we see how the quote with the most precision exercises the level of 1.2770. The main stagnation, after the accumulation of long positions, which most probably, can cause a correction. We can contribute more on this news background. The only catch is the unforeseeable details background. If there are some reports about Brexit once again, then we will not see anything excellent in terms of correction.Based on the available information, it is possible to break down a variety of variations. Let us consider them:- Positions for purchasing are considered by traders even at the moment of slowdown at 1.2770, more exactly at 1.2800, where it was. Now, the positions are already in location, if they are not there, then

it is possible to consider the coordinates 1.2840 which will permit removing incorrect oscillations.-Positions for sale are not removed from the basic strategy. As I composed above, in the case of an unforeseeable background information,, we can push the level of 1.2770, and in this case, we can monitor this background and clear fixations listed below the level.Indicator Analysis Analyzing the different sector of timeframes (TF ), we see that there was an upward interest versus the background of the primary level of 1.2770 in the short-term, while intraday and mid-term point of view likewise maintains

a downward interest

versus the general background of the marketplace. Weekly volatilily/ Measurement of volatility: MonthcdvLlpEU_2c4V1WcLKyFs3tI3NauWHFTOV1x-zkI

; Quarter; Year Measurement of volatility reflects the average daily variation, with the calculation for the Month/ Quarter/ Year.(February 15 was based on the time of publication of the

short article)The current time volatility is 33 points. It can get closer to the day-to-day average. Secret levels Zones of resistance: 1.2830 *; 1.2920 *; 1.3000 **(1.3000/ 1.3050); 1.3200 * 1.3300;

1.3440 **; 1.3580 *; 1.3700 Assistance locations: 1.2770 (1.2720/ 1.2770)**; 1.2620; 1.2500 *; 1.2350

**. * Routine level ** Range Level The material has been supplied by InstaForex Company-

www.instaforex.com

Jonathon Alexander

EUR and Fed: In euro, there is still an opportunity for correction. United States statistics disappoints Fed

By | February 15, 2019

The United States dollar fell versus the euro and a number of other world currencies the other day after the release of more than weak reports indicating a slowdown in the United States economy at the end of in 2015 and at the beginning of this year.

According to the United States Department of Labor, the variety of Americans who first requested welfare has increased. The data is of a weekly nature and is not much taken into account by investors when examining the overall state of the labor market.

According to the report, the variety of initial claims for welfare increased by 4,000 in a week, from February 3 to 9. Financial experts expected the variety of applications to be 225,000. The variety of secondary applications for welfare in the week from January 27 to February 2 increased by 37,000 and amounted to 1,773,000.

The United States dollar was under pressure after a report suggesting a sharp drop in retail sales, which are the primary chauffeur of financial development.

According to the US Department of Commerce, retail sales in the United States in December 2018 fell immediately by 1.2% compared to the previous month, reaching $ 505.8 billion. Analysts and economists, on the contrary, expected a 0.1% boost in sales in December. Such a serious decline, naturally, will impact the last development rate of the economy at the end of 2018. In December, retail sales grew by only 2.3% over the exact same duration last year.

Manufacturer prices likewise failed to please the market, as they declined, showing a decline in inflationary pressure at the start of this year.

According to the US Department of Labor, PPI’s manufacturer price index fell 0.1% in January 2019 compared to the previous month. The base index, which does not consider volatile categories, increased by 0.2%. Economic experts had actually expected the basic index in January to show an increase of 0.1% compared with the previous month, while the base index would include 0.2%. Compared with the very same duration of the previous year, the index increased by 2% in January.

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The main decline was because of the fall in energy prices, which for the designated period fell 0.8%.

Stocks of United States companies declined in November, which is also a bad sign for the economy. According to the United States Department of Commerce, stocks fell by 0.1% to $ 1.981 trillion. Financial experts had expected stocks in November to show a 0.2% increase.

The primary decline was due to lower stocks in the retail and production sectors.

Yesterday’s speech by US Federal Reserve representative Lael Brainard did not surprise the markets. Brainard stated that the December drop in United States retail sales brought in particular attention from the Fed, which reinforces the disadvantage threats to GDP growth. However, in her viewpoint, the United States economy has a strong inspiration for development in the future, and the current Fed policy represents the circumstance that is now observed in the world. Brainard, like her colleagues, believes that it is necessary to wait sometime prior to making another decision on rate of interest.

As for the technical image of the EURUSD pair, the hope remains for buyers, especially if today the essential data on the American economy are just as weak as the other day.

A return to the resistance level of 1.1300 will be a great signal to the growth of dangerous possessions, which will cause a test of highs of 1.1340 and 1.1390. The breakthrough of the 1.1260 minimum might put purchasers in a very difficult position if the pressure on the euro continues. Listed below this variety, just support levels around 1.1220 and 1.1170 are visible.The material

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

Jonathon Alexander

Streamlined wave analysis of GOLD for February 15 888011000 110888 Large-scale graphics: The duration of strengthening the gold rate started in August last year. The wave does not fully understand its capacity. Medium scale graphics: The rising area of the chart, which began in mid-November, in the larger model gave rise to the last phase of the motion. Small graphics: The descending wave of January 31 has a little stroke capacity. On the TF H1 plot, the plot remedies the previous climb, before the next jerk in the main direction. Forecast and recommendations: The duration of price correction of gold might end as early as next week. A referral point can work as a new calendar, in which the most crucial will be news from theUnited States. Traders are recommended to track the buy signals of the instrument. Resistance zones: -1375.0/ 1380.0 Assistance locations: -1300.0/ 1295.0 Explanatory notes for the figures: The streamlined wave analysis uses waves including 3 parts(A– B– C). The analysis uses 3 consecutive scale chart. Each of them evaluates the last, incomplete wave. Zones reveal computed areas with the highest likelihood of turnaround. The arrows show the wave marking by the approach used by the author. The strong background shows the formed structure, the dotted-the expected movement. Note: The wave algorithm does not consider the period of tool movements in time. To conduct a trade deal, you require verification signals from the trading systems you use!The product has been supplied by InstaForex Business- www.instaforex.com

By | February 15, 2019

Large-scale graphics:

The period of strengthening the gold rate began in August last year. The wave does not fully realize its potential.

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Medium scale graphics:

The ascending section of the chart, which started in mid-November, in the larger model gave rise to the final phase of the movement.

Small-scale graphics:

The descending wave of January 31 has a small stroke potential. On the TF H1 plot, the plot corrects the previous climb, before the next jerk in the main direction.

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Forecast and recommendations:

The period of price correction of gold may end as early as next week. A reference point can serve as a new calendar, in which the most important will be news from the United States. Traders are advised to track the buy signals of the instrument.

Resistance zones:

– 1375.0 / 1380.0

Support areas:

– 1300.0 / 1295.0

Explanatory notes for the figures: The simplified wave analysis uses waves consisting of 3 parts (A – B – C). The analysis uses 3 consecutive scale graph. Each of them analyzes the last, incomplete wave. Zones show calculated areas with the highest probability of reversal. The arrows indicate the wave marking by the method used by the author. The solid background shows the formed structure, the dotted – the expected movement.

Note: The wave algorithm does not take into account the duration of tool movements over time. To conduct a trade transaction, you need confirmation signals from the trading systems you use!

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

Jonathon Alexander

GBP/ USD. February 15. The trading system. “Regression Channels”. Theresa May suffers another loss in Parliament

By | February 15, 2019

4-hour timeframe

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Technical details: The senior linear regression channel: instructions – up.

The junior direct regression channel: direction – down.

Moving average (20; smoothed) – down.

CCI: -123.0370

The currency pair GBP/ USD on Friday, February 15, continues to fall with enjoyment. As much as the lows of the year, there are just 300 points left, which is not so much for the pound sterling. The most important thing is that there are no strong corrections or failures for the pair. This is the movement that can lead a pound below 1.2436. Today in the UK, a report on retail sales for January will be published, projections predict a boost in efficiency, however the real worths might be much worse. If these reports fail today, then traders will have another weighty factor for new pound sales. Needless to state, there is still no favorable news on the topic of Brexit? If the reports on retail sales are not worse than forecasts, then maybe the pound will get a time-out, however is unlikely to be able to increase in cost above the moving average. This means that the downward pattern will continue. There is no positive news on Brexit, however there are negative ones. Yesterday, the British Parliament turned down Theresa May’s plan to work out with the EU, and did not dismiss the possibility of an uncontrolled exit from the EU. Thus, the UK can still leave the EU with no “deal”, and the chances that Theresa May will still be able to carry out her plan through parliament are decreased a lot more.

Nearest support levels:

S1 – 1.2787

S2 – 1.2756

Nearest resistance levels:

R1 – 1.2817

R2 – 1.2848

R3 – 1.2878

Trading suggestions:

The currency pair GBP/ USD continues to move down, as evidenced by the blue bars indication Heikin Ashi. The targets for brief positions now are 1.2787 and 1.2756. Today a correction is possible if the retail sales report from the UK is positive.

It is advised to open long positions no earlier than traders overcome moving with the first target of 1.3000. From a fundamental point of view, this alternative is still unlikely, since we do not receive any favorable news from the UK.

In addition to the technical picture need to likewise take into account the basic data and the time of their release.

Descriptions for illustrations:

The senior linear regression channel is blue lines of the unidirectional motion

The junior linear channel is the purple lines of the unidirectional motion.

CCI is the blue line in the sign regression window.

The moving average (20; smoothed) is the blue line on the cost chart.

Murray levels – multi-colored horizontal stripes.

Heikin Ashi is an indication that colors bars in purple.the or blue material has actually been offered by InstaForex Company – www.instaforex.com

Jonathon Alexander

EUR/ USD. February 15. The trading system. “Regression Channels”. Bulls do not have the strength to get rid of the MA

By | February 15, 2019

4-hour timeframe Technical information: The senior linear regression channel: instructions-sideways. The junior direct regression channel: instructions -down.

Moving average(20; smoothed)-down. CCI: -42.3087 The last trading day of the week guarantees to be very dull in terms of macroeconomic news. To date, no important publications have been prepared in the European Union. And this implies that the support of Euro currency from the EU will not wait for sure. In the United States, commercial production and customer self-confidence index from the Institute of Michigan in February will be released today. But this is not the most significant essential news, so the marketplace response may be minimal or missing entirely. In the coming hours, the Heikin Ashi indication might reject, which will suggest the resumption of the downtrend for the EUR/ USD pair. No matter just how much we expect the set to reinforce to 1.1500, the bulls are now very weak and can not even conquer the moving typical line. In fairness, it needs to be kept in mind that they have no essential assistance. Thus, a particular probability of a walking upward with an initial combination above the moving one persists, but with every hour the possibilities decrease. Hence, based upon the foregoing, the down pattern in the instrument is preserved, which implies that short positions remain pertinent at the moment. Instrument volatility has actually increased in current days. Nearest support levels: S1 -1.1230 S2-1.1169 S3 -1.1108 Nearest resistance levels: R1-1.1292 R2- 1.1353 R3 -1.1414 Trading recommendations: The EUR/ USD currency pair is attempting to resume its down motion. The color of 1-2 bars with the Heikin Ashi indication in blue will signal the opening of

brand-new shorts with a target of 1.1230

. Purchase positions are suggested to

be considered not earlier if the Bulls conquer the moving

typical line

with the very first target of 1.1414. Nevertheless, as previously, the

foundation does not support the European currency now. In addition to the technical picture must likewise take into consideration the basic data and the time of their release. Descriptions for illustrations: The senior linear regression channel is blue lines of the unidirectional motion. The more youthful linear regression channel is the purple lines of the unidirectional motion. CCI-blue line in the sign window. The moving average(20; smoothed

)is the blue line on the rate chart. Murray levels-multi-colored horizontal stripes. Heikin Ashi is an indicator that colors bars in blue or purple.The product has been provided by InstaForex Company-www.instaforex.com

Jonathon Alexander