Analysis of silver for April 11, 2017 888011000 110888 Recently, silver has been trading sideways at the rate of 18.06. On the 1H timespan, I found that cost has actually broken the upward channel in the background which is an indication that buying looks dangerous. My recommendations is to look for potential selling opportunities. Downward targets are set at the cost of 17.52, 17.30 and 16.85. Strongresistance is discovered at18.05 and 18.15. Resistance levels: R1: 17.95 R2: 17.97 R3: 18.00 Assistance levels: S1: 17.91 S2: 117.90 S3: 17.87 Trading recommendations for today: expect possible selling opportunities.The material has actually been provided by InstaForex Business-www.instaforex.com

By | April 11, 2017

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Recently, silver has been trading sideways at the price of 18.06. On the 1H time frame, I found that price has broken the upward channel in the background which is a sign that buying looks risky. My advice is to watch for potential selling opportunities. Downward targets are set at the price of 17.52, 17.30 and 16.85. Strong resistance is found at 18.05 and 18.15.

Resistance levels:

R1: 17.95

R2: 17.97

R3: 18.00

Support levels:

S1: 17.91

S2: 117.90

S3: 17.87

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

EUR/JPY analysis for April 11, 2017 888011000 110888 Recently, the EUR/JPY set has been trading downwards. The price tested the level 116.88. Inning accordance with the 4H time frame, I found that cost is trading in well specified down channel, which is an indication that sellers are in control. My suggestions is to look for potential selling opportunities. The crucial support level is set at the rate of 116.80.The breakout of support would confirm further down extension. The down target is set atthe rate of 114.60. Resistance levels: R1: 117.50 R2: 117.60 R3: 117.85 Support levels: S1: 117.00 S2: 116.90 S3:116.65 Trading suggestions for today: watch for possible selling opportunities.The material has actually been supplied by InstaForex Company-www.instaforex.com

By | April 11, 2017

analytics58ecd282bd554.png

Recently, the EUR/JPY pair has been trading downwards. The price tested the level 116.88. According to the 4H time frame, I found that price is trading in well defined downward channel, which is a sign that sellers are in control. My advice is to watch for potential selling opportunities. The critical support level is set at the price of 116.80. The breakout of support would confirm further downward continuation. The downward target is set at the price of 114.60.

Resistance levels:

R1: 117.50

R2: 117.60

R3: 117.85

Support levels:

S1: 117.00

S2: 116.90

S3: 116.65

Trading recommendations for today: watch for potential selling opportunities.

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

Jonathon Alexander

Fxwirepro: Usd/thb Trades in Narrow Range, Bias Remains Neutral

By | April 11, 2017
  • USD/THB is currently trading around 34.61 marks.  
  • It made intraday high at 34.63 and low at 34.59 marks.  
  • Intraday bias remains bullish till the time pair holds key support at 34.50 mark.  
  • On the top side, key resistances are seen at 34.67, 34.85, 34.97, 35.11, 35.20, 35.32, 35.42, 35.62, 35.74, 35.84, 35.93, 36.01, 36.08 and 36.39 marks respectively.  
  • Alternatively, a daily close below 34.50 will drag the parity down towards key supports around 34.45, 34.35, 34.20 and 34.01 marks respectively.  
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.

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

Jonathon Alexander

Technical analysis of EUR/USD for Apr 11, 2017 888011000 110888 When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment, Industrial Production m/m, and German ZEW Economic Sentiment. The US will release the Economic Data, too, such as 10-y Bond Auction, JOLTS Job Openings, andNFIB Small Business Index,so, amidst the reports, EUR/USD will relocate a low to mediumvolatility throughout this day.TODAY’S TECHNICALLEVEL: Breakout BUYLevel: 1.0649.Strong Resistance:1.0642. Original Resistance: 1.0632. Inner Sell Location: 1.0622.Target Inner Area: 1.0597.Inner Buy Location: 1.0572. Original Support: 1.0562. Strong Support: 1.0552. Breakout OFFER Level: 1.0545. Disclaimer: Trading Forex(foreign exchange)on margin carries a high level of risk, and might not appropriate for all investors. The high degree of leverage can work against you along with for you. Before deciding to purchase forex you ought to thoroughly consider your investment goals, level of experience, and threat hunger. The possibility exists that you could sustain a loss of some or all your initial financial investment and for that reason you need to not invest cash that you can not pay for to lose. You should be aware of all the threats related to forex trading, and consult from an independent financial advisor if you have any doubts.The product has been offered by InstaForex Business-www.instaforex.com

By | April 11, 2017

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When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment, Industrial Production m/m, and German ZEW Economic Sentiment. The US will release the Economic Data, too, such as 10-y Bond Auction, JOLTS Job Openings, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Breakout BUY Level: 1.0649.

Strong Resistance:1.0642.

Original Resistance: 1.0632.

Inner Sell Area: 1.0622.

Target Inner Area: 1.0597.

Inner Buy Area: 1.0572.

Original Support: 1.0562.

Strong Support: 1.0552.

Breakout SELL Level: 1.0545.

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

Technical analysis of USD/JPY for Apr 11, 2017 888011000 110888 In Asia, Japan will release the Prelim Maker Tool Orders y/y information, and the US will launch some Economic Data, such as 10-y Bond Auction, JOLTS Job Openings, and NFIB Small Business Index. There is a possibility the USD/JPY will move with lowto medium volatility during this day.TODAY’S TECHNICAL LEVEL: Resistance. 3: 111.36.Resistance. 2: 111.14. Resistance. 1: 110.93. Assistance. 1: 110.66. Support. 2: 110.44. Support. 3: 110.22. Disclaimer: Trading Forex( foreign exchange) on margin carries a high level of threat, and may not be suitable for all financiers. The high degree of utilize can work versus you in addition to for you. Before choosing to buy forex you should carefully consider your financial investment goals, level of experience, and risk appetite. The possibility exists that you might sustain a loss of some or all your initial financial investment and therefore you must not invest money that you can not pay for to lose. You ought to understand all the threats related to foreign exchange trading, and consult from an independent monetary advisor if you have any doubts.The material has been provided by InstaForex Business-www.instaforex.com

By | April 11, 2017

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In Asia, Japan will release the Prelim Machine Tool Orders y/y data, and the US will release some Economic Data, such as 10-y Bond Auction, JOLTS Job Openings, and NFIB Small Business Index. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 111.36.

Resistance. 2: 111.14.

Resistance. 1: 110.93.

Support. 1: 110.66.

Support. 2: 110.44.

Support. 3: 110.22.

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