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Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 11:13am On Jul 23, 2015
Technical analysis of EUR/USD for July 23, 2015

When the European market opens, the economic news on Consumer Confidence, Spanish Unemployment Rate, and Greek Gov Debt Crisis Vote is due.The US will release economic data about Trade Balance. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.0977.

Strong Resistance:1.0971.

Original Resistance: 1.0960.

Inner Sell Area: 1.0949.

Target Inner Area: 1.0924.

Inner Buy Area: 1.0899.

Original Support: 1.0888.

Strong Support: 1.0877.

Breakout SELL Level: 1.0871.

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.

Read more: https://www.instaforex.com/forex_analysis/63681/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 11:55am On Jul 23, 2015
Dear Mr. stardragon,

so can i register and trade with a hundred dollars??
Sure you can.

If possible, how can i register without been scamed? To register without been scammed, please kindly visit our website @ https://www.instaforex.com/for_beginners.php After practicing the demo account, you can open a live account.
Regarding the procedure for verification, clients are advised to use international passport, national ID card or driver's licence for your verification. While the second level entails the driver's licence, bank statement or utility bills.
The verification process can be done when a live account is open and this can be seen in your client's cabinet.
For more details about the trading account verification process, please kindly visit this website:https://www.instaforex.com/verification.php.

If you require additional information as regards instaforex, please do not hesitate to ask me via this platform.

Thank you and have a great day.

Cheers!
Re: Forex News And Analysis Form Instaforex by Nobody: 12:53pm On Jul 23, 2015
InstaForexyemi:
Dear Mr. stardragon,

so can i register and trade with a hundred dollars??
Sure you can.

If possible, how can i register without been scamed? To register without been scammed, please kindly visit our website @ https://www.instaforex.com/for_beginners.php After practicing the demo account, you can open a live account.
Regarding the procedure for verification, clients are advised to use international passport, national ID card or driver's licence for your verification. While the second level entails the driver's licence, bank statement or utility bills.
The verification process can be done when a live account is open and this can be seen in your client's cabinet.
For more details about the trading account verification process, please kindly visit this website:https://www.instaforex.com/verification.php.

If you require additional information as regards instaforex, please do not hesitate to ask me via this platform.

Thank you and have a great day.

Cheers!
so if u dont av ID card, driving licence and international passport u cant open account with install forex??
Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:57am On Jul 24, 2015
Dear Mr. stardragon

Sure you can open the account with instaforex without this documents, the reason for this following documents is for us to have a proper verification of you and moreso, when you trade and eventually make profit, you might not able to withdraw your money without the provision of a valid drivers licence, International passport which will serve as a means of Identification.

If you require additional information, please do not hesitate to communicate with me via this platform.

Thank you and have a wonderful day.

Cheers!!!
Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:01am On Jul 24, 2015
Technical analysis of EUR/JPY for July 24, 2015

Technical outlook and chart setups:

The EUR/JPY pair is trading around 136.10/15 at the moment taking out initial resistance at 136.50 yesterday. The pair could dip towards the level of 135.30 before advancing further towards 138.00 and higher levels in coming sessions. It is recommended to book some profits on long positions and move risk to 135.00 for now. Immediate support is seen at 134.80/135.00 (interim) followed by 134.00, 133.25, and lower, while resistance is seen at 138.00 followed by 139.00, 140.00, and higher respectively.

Trading recommendations:

Book partial profits on long positions, move stop to 135.00.

Good luck!

Read more: https://www.instaforex.com/forex_analysis/63767/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:06am On Jul 27, 2015
Technical analysis of USD/JPY for July 27, 2015

In Asia, Japan will release the SPPI y/y, and the US will publish economic data on Durable Goods Orders m/m and Core Durable Goods Orders m/m. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.45.

Resistance. 2: 124.21.

Resistance. 1: 123.97.

Support. 1: 123.67.

Support. 2: 123.43.

Support. 3: 123.18.

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.

Read more: https://www.instaforex.com/forex_analysis/63833/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:20am On Jul 28, 2015
GBP/USD Intraday Technical Analysis and Trading Recommendations for July 6, 2012

When the European market opens, no economic data is due. The US will unveil figures for the Richmond Manufacturing Index, CB Consumer Confidence, Flash Services PMI, and S&P/CS Composite-20 HPI y/y, so amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1141.

Strong Resistance:1.1135.

Original Resistance: 1.1124.

Inner Sell Area: 1.1113.

Target Inner Area: 1.1087.

Inner Buy Area: 1.1061.

Original Support: 1.1050.

Strong Support: 1.1039.

Breakout SELL Level: 1.1033.

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.

Read more: https://www.instaforex.com/forex_analysis/63885/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:16am On Jul 29, 2015
Technical analysis of USD/JPY for July 29, 2015

In Asia, Japan will release Retail Sales y/y, and the US will publish economic data on the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, and Pending Home Sales m/m. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.10.

Resistance. 2: 123.86.

Resistance. 1: 123.62.

Support. 1: 123.31.

Support. 2: 123.07.

Support. 3: 122.83.

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.

Read more: https://www.instaforex.com/forex_analysis/63941/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:21am On Aug 03, 2015
Technical analysis of USD/JPY for August 03, 2015

In Asia, Japan will release data on the Final Manufacturing PMI. The US will publish economic news about Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Personal Income m/m, personal Spending m/m, and Core PCE Price Index m/m. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.61.

Resistance. 2: 124.36.

Resistance. 1: 124.12.

Support. 1: 123.83.

Support. 2: 123.58.

Support. 3: 123.34.

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.

Read more: https://www.instaforex.com/forex_analysis/64173/
Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 8:56am On Aug 04, 2015
[b]Dear Alhajiademola,

Please I kindly appealto you not to post such messages to this thread again.

Thank you.
Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 8:56am On Aug 04, 2015
Technical analysis of USD/JPY for August 04, 2015

In Asia, Japan will release the 10-y Bond Auction, Average Cash Earnings y/y, and Monetary Base y/y. The US will release some economic data such on the Loan Officer Survey, IBD/TIPP Economic Optimism, and Factory Orders m/m. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.64.

Resistance. 2: 124.39.

Resistance. 1: 124.15.

Support. 1: 123.86.

Support. 2: 123.61.

Support. 3: 123.37.

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.

Read more: https://www.instaforex.com/forex_analysis/64242/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 8:56am On Aug 05, 2015
EUR/USD: Intraday Technical Analysis for July 11, 2012

USD/JPY is expected to move 123.80 with a bullish bias above. Currently, the US Dollar Index maintains its upward momentum trading at 97.582. It keeps on to depress commodities currencies. US crude oil prices dropped 4.1% closing at $45.17/bbl, while gold was down 0.9% and silver fell 1.9%. Meanwhile, the Australian central bank will announce its interest rate decision today. USD/JPY keeps on trading above the key support at 123.80 breaking above the 50-period intraday moving average. The intraday RSI has just landed on the neutral level of 50 and is turning up. The first upside target is set at 124.35 (around a high of July 31) and the second one at 124.60 (around the high of July 30). Only a break below 123.75 would turn the intraday outlookbearish and call for a decline toward 123.50 (around a low of July 31).

Technical comment:

The daily chart is still negative-biased as the MACD and stochastics are bearish, five-day moving average is below 15-day moving average and is declining.

Trading recommendations:

The pair is trading above its pivot point. It is likely to trade in a higher range as far as it remains above its pivot point. As long as the price keeps above its pivot point, long positions are recommended with the first target at 124.35 and the second target at 124.60. In an alternative scenario, if the price moves below its pivot points, short positions are recommended with the first target at 123.50. A break of this target would push the pair further downwards, and one may expect the second target at 123.30. The pivot point is at 123.80.

Resistance levels: 124.35 124.60 124.85

Support levels: 123.50 123.30 122.85

Read more: https://www.instaforex.com/forex_analysis/64281/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:27am On Aug 06, 2015
Daily analysis of GBP/USD for August 06, 2015

GBP/USD is still trading higher above the 200 SMA on the daily chart, finding strong dynamic support over there. That is why the upside is still a feasible option for this pair, at least in the mid-term. Also, bear in mind the overall structure remains bullish, but the resistance zone of 1.5640 is still rather strong. The MACD indicator is turning towards the neutral territory.

On the H1 chart, the pair is forming a bullish pattern above the 200 SMA and it is now looking to break the resistance level of 1.5633 again in order to test the zone around 1.5671. Anyway, a breakout above it will expose bulls strengthening in the short and mid-term, which could push the price higher to the key zone around 1.5750.

Daily chart's resistance levels: 1.5640 / 1.5777

Daily chart's support levels: 1.5543 / 1.5450

H1 chart's resistance levels: 1.5633 / 1.5671

H1 chart's support levels: 1.5587 / 1.5562

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.5633, take profit is at 1.5671, and stop loss is at 1.5594.

Read more: https://www.instaforex.com/forex_analysis/64212/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:08am On Aug 10, 2015
Technical analysis of EUR/JPY for August 10, 2015

Technical outlook and chart setups: The EUR/JPY pair is seen to be trading around 136.25/30 levels at the moment, looking to push above 137.00/50 levels. The pair had earlier bounced off the cone consolidation support around 135.00 levels, hence bulls are expected to remain in control till prices stay above that level. It is still recommended to remain long with risk at 135.00 levels. Immediate support is seen at 135.00 levels, followed by 134.00, 133.00 and lower while resistance is seen at 137.00/50 levels, followed by 138.00/139.00, 140.00 and higher respectively.

Trading recommendations:

Remain long, stop below 135.00, a target is open.

Good luck!

Read more: https://www.instaforex.com/forex_analysis/64343/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:43am On Aug 11, 2015
Technical analysis of EUR/USD for August 11, 2015

When the European market opens, some economic news will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, and German WPI m/m. The US will release a series of economic data too such as the Wholesale Inventories m/m, Mortgage Delinquencies, Prelim Unit Labor Costs q/q, Prelim Non farm Productivity q/q, and NFIB Small Business Index. Therefore, amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1069.

Strong Resistance:1.1063.

Original Resistance: 1.1052.

Inner Sell Area: 1.1041.

Target Inner Area: 1.1016.

Inner Buy Area: 1.0991.

Original Support: 1.0980.

Strong Support: 1.0969.

Breakout SELL Level: 1.0983.

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.

Read more: https://www.instaforex.com/forex_analysis/64430/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:15am On Aug 12, 2015
Technical analysis of EUR/USD for August 12, 2015

When the European market opens, some economic news will be released such as German 10-y Bond Auction, Industrial Production m/m, and Italian Trade Balance. The US will release the economic data too such as the Federal Budget Balance, 10-y Bond Auction, Crude Oil Inventories, and JOLTS Job Openings. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1095.

Strong Resistance:1.1089.

Original Resistance: 1.1078.

Inner Sell Area: 1.1067.

Target Inner Area: 1.1042.

Inner Buy Area: 1.1017.

Original Support: 1.1006.

Strong Support: 1.0995.

Breakout SELL Level: 1.0989.

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.

Read more: https://www.instaforex.com/forex_analysis/64501

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:50am On Aug 13, 2015
Technical analysis of EUR/USD for August 13, 2015

When the European market opens, some economic news will be released such as ECB Monetary Policy Meeting Accounts, French CPI m/m, and German Final CPI m/m. The US will release a series of macroeconomic reports such as the 30-y Bond Auction, Natural Gas Storage, Business Inventories m/m, Import Prices m/m, Unemployment Claims, Retail Sales m/m, and Core Retail Sales m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1207.

Strong Resistance:1.1201.

Original Resistance: 1.1190.

Inner Sell Area: 1.1179.

Target Inner Area: 1.1153.

Inner Buy Area: 1.1127.

Original Support: 1.1116.

Strong Support: 1.1105.

Breakout SELL Level: 1.1099.

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.

Read more: https://www.instaforex.com/forex_analysis/64551/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:39am On Aug 14, 2015
Technical analysis of USD/CAD for August 14, 2015

Overview:

The USD/CAD pair has rebounded from minor support at 1.2975 which coincides with the ratio of 78.6% Fibonacci retracement levels. So, it will probably start upside movement at this area and recover again. Generally, it should be noted that the price formed strong support at the level of 1.2975/1.3001. Furthermore, this strong level has still been moving between 78.6% of Fibonacci retracement levels and 100% (1.3212) on the H4 chart. Hence, it is probably that the market will start showing the signs of a bull market again in order to indicate a bullish opportunity from the level of 1.3010 with the first target at 1.3085 (the first resistance), then the USD/CAD pair will continue straightly towards the major resistance at 1.3212 in order to test the double top. The level of 1.3212 is going to represent the weekly resistance. Therefore, it will be very gainful to take profit around this area on August 14, 2015. On the other hand, you should always choose a good location for placing stop loss, thus you should set stop loss at the 1.2966 level today.

Intraday technical levels:

Date: 14/08/2015

Pair: USD/CAD

Projected high: 1.3112

Strong resistance (sell limit): 1.3095

Current pivot: 1.3038

Strong support (buy limit):1.2980

Breakout (sell stop): 1.2966

Projected low: 1.2794

Read more: https://www.instaforex.com/forex_analysis/64610/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:18am On Aug 17, 2015
Technical analysis of USD/CHF for August 14, 2015

USD/CHF is expected to trade in a lower range. The intraday technical outlook has changed a little. Even though the pair recently posted a technical rebound, the intraday outlook is still negative. A bearish cross has been identified between the 20- and 50-period MAs, and the intraday RSI is heading downwards. Hence, as long as 0.9800 holds as the key resistance, the pair stands a higher chance of returning to the first downside target at 0.9715 and to the second one at 0.9660 in extension.

Trading recommendations:

The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 0.9715. A break of that target will move the pair further downwards to 0.9660. The pivot point stands at 0.98. In case the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 0.9860 and the second target at 0.9940.

Resistance levels: 0.9860 0.9940 0.9995

Support levels: 0.9715 0.9660 0.9635

Read more: https://www.instaforex.com/forex_analysis/64651/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:45am On Aug 18, 2015
Technical analysis of EUR/JPY for August 18, 2015

Technical outlook and chart setups:

The EUR/JPY pair is correcting lower and is seen to be testing its 50 DMA around 137.50 levels for now. Please note that the cone consolidation resistance turned support is around 137.00 levels and the pair could bounce back higher if prices manage to reach there. Extension levels are seen at 139.40 and 140.50 levels respectively. It is recommended to initiate long positions around 137.00 levels with risk below 136.00 levels for now. Immediate support is seen at 137.00 levels, followed by 136.50/60, 135.50, 134.00 and lower while resistance is seen at 140.50 and higher respectively.

Trading recommendations:

Remain flat for now, look to enter long around 137.00 levels.

Good luck!

Read more: https://www.instaforex.com/forex_analysis/64730/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:34am On Aug 19, 2015
Technical analysis of USD/JPY for August 19, 2015

In Asia, Japan will release indices of all industries activity m/m and Trade Balance report. The US will also release some important reports such as FOMC Meeting Minutes, Crude Oil Inventories, Core CPI m/m, and CPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.96.

Resistance. 2: 124.72.

Resistance. 1: 124.47.

Support. 1: 124.18.

Support. 2: 123.93.

Support. 3: 123.69.

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.

Read more: https://www.instaforex.com/forex_analysis/64780/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 9:51am On Aug 20, 2015
Technical analysis of EUR/USD for August 20, 2015

When the European market opens, some economic news will be released such as Spanish 10-y Bond Auction and German PPI m/m. The US will release the economic data too such as the Natural Gas Storage, CB Leading Index m/m, Existing Home Sales, Philly Fed Manufacturing Index, and Unemployment Claims. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1172.

Strong Resistance:1.1166.

Original Resistance: 1.1155.

Inner Sell Area: 1.1144.

Target Inner Area: 1.1118.

Inner Buy Area: 1.1092.

Original Support: 1.1081.

Strong Support: 1.1070.

Breakout SELL Level: 1.1064.

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.

Read more: https://www.instaforex.com/forex_analysis/64852/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 11:18am On Aug 21, 2015
Technical analysis of AUD/USD for August 21, 2015

Overview:

In the long term, the price of the AUD/USD pair has still been trapped between 0.7438 and 0.7215. But in the short term, the pair is moving in a tiny range between 0.7391 and 0.7268. Therefore, the first step is to wait for a period of a tight sideways market before breakouts. Then, probably, the market is going to start showing bullish signs. In other words, it will be a good sign to buy above 0.7216 - 0.7268 with the first target at 0.7390 and the price will climb towards 0.7412 in order to test the second resistance. Besides, it should be noted that a double top sets at the 0.7438 level which coincides with the ratio of 100% Fibonacci retracement levels. However, if the pair fails to break 0.7438, the market will indicate a bearish opportunity below 0.7438. Then the level will really act as strong resistance, it will be a good idea to sell below 0.7438 (the double top) with the first target at 0.7300 and it will call for a downtrend in order to continue a bearish movement towards 0.7266.

Intraday technical levels:

Projected high: 0.7438

Breakout (buy stop): 0.7391

Current pivot: 0.7336

Breakout (sell stop): 0.7268

Projected low: 0.7216

Read more: https://www.instaforex.com/forex_analysis/64895/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 12:28pm On Aug 24, 2015
Technical analysis of EUR/USD for August 24, 2015

When the European and the US markets open, no reports are expected today in the economic calendar. So in this context, the EUR/USD pair will move with an unpredictable volatility during this trading day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1431.

Strong Resistance:1.1424.

Original Resistance: 1.1413.

Inner Sell Area: 1.1402.

Target Inner Area: 1.1375.

Inner Buy Area: 1.1348.

Original Support: 1.1337.

Strong Support: 1.1326.

Breakout SELL Level: 1.1319.

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.

Read more: https://www.instaforex.com/forex_analysis/64959/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 8:59am On Aug 25, 2015
Technical analysis of USD/JPY for August 25, 2015

In Asia, Japan will lack any data in the economic calendar. The US will release some economic data such as Richmond Manufacturing Index, New Home Sales, CB Consumer Confidence, Flash Services PMI, S&P/CS Composite-20 HPI y/y, and HPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 122.08.

Resistance. 2: 121.48.

Resistance. 1: 120.84.

Support. 1: 120.08.

Support. 2: 119.47.

Support. 3: 118.85.

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.

Read more: https://www.instaforex.com/forex_analysis/65007/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:08am On Aug 26, 2015
Technical analysis of USD/JPY for August 26, 2015

In Asia, Japan will release the Core Durable Goods Orders m/m and the US will publish some economic data on Crude Oil Inventories, Durable Goods Orders m/m, and Core Durable Goods Orders m/m. So, there is a strong probability that the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 119.63.

Resistance. 2: 119.40.

Resistance. 1: 119.17.

Support. 1: 118.88.

Support. 2: 118.64.

Support. 3: 118.41.

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.

Read more: https://www.instaforex.com/forex_analysis/65072/

Re: Forex News And Analysis Form Instaforex by barikay: 12:58pm On Aug 26, 2015
I'm only seeing the technical analysis. What about the result? You suppose to post the result too
Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 10:47am On Aug 27, 2015
Technical analysis of EUR/USD for August 27, 2015

When the European market opens, some economic news on Private Loans y/y, M3 Money Supply y/y, and German Import Prices m/m is due to be released. The US will unveil economic data on the Natural Gas Storage, Pending Home Sales m/m, Prelim GDP Price Index q/q, Unemployment Claims, and Prelim GDP q/q. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1395.

Strong Resistance:1.1388.

Original Resistance: 1.1377.

Inner Sell Area: 1.1366.

Target Inner Area: 1.1339.

Inner Buy Area: 1.1312.

Original Support: 1.1301.

Strong Support: 1.1290.

Breakout SELL Level: 1.1283.

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.

Read more: https://www.instaforex.com/forex_analysis/65120/

Re: Forex News And Analysis Form Instaforex by InstaForexyemi: 11:30am On Aug 28, 2015
Technical analysis of EUR/USD for August 28, 2015

Overview:

The EUR/USD pair is expected to form strong resistance at the level of 1.1364. So, according to the previous events, the pair is still moving between the levels of 1.1364 and 1.1140. The major support was found at the level of 1.1098, and the double bottom is seen at the level of 1.1098 in the H1 chart. As it is known, historic rates should be used to determine the further direction. Consequently, it will be of the discernment to use historic rates to determine future prices. Therefore, sell below the level of 1.1364 with the first target at 1.1263 in order to test the weekly pivot point. Moreover, if the trend manages to break the level of 1.1263, thus, it might resume to 1.1137 and then 1.1098. On the other hand, the stop loss should always be taken into account, hence it will be wisdom to set your stop loss at the 1.1385 price.

Warning:

Please check out the market volatility before investing, because the sight price may have already been reached and scenarios might have become invalidated.

Read more: https://www.instaforex.com/forex_analysis/65174/

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