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[b][/b]Gold Technical Analysis for July 19, 2016.


Technical outlook and trade signals:

Gold continues to drift sideways for now, seen to be trading at $1,329.00/30.00 levels at the moment. The yellow metal should ideally remain below the previous resistance at $1,347.00 levels from here on. The wave structure indicates that Gold is setting up for another drop towards $1,311.00 at least. Please note that major support is seen at $1,304.00 levels and trend line support is also passing through the same region. It is hence recommended to remain short for now, with risk above $1,350.00 levels. Immediate support is seen at $1,310.00 levels, while resistance is at $1,347.00 levels respectively. Watch out for a potential pullback rally after the price prints lows at $1.310.00 levels at least. The metal remains short on rallies till prices stay below $1,375.00 levels going forward.

[b][/b]Trading recommendations:

Remain short for now, stop above $1,350.00, target $1,310.00 and $1,305.00. Good luck!

Read more: https://www.instaforex.com/forex_analysis/78978/

Technical analysis of USDX for July 18, 2016

The US dollar index continues trading sideways. The price reversed upwards late on Friday night after the attempted coup in Turkey as investors fled to the safety of the dollar. However, price has not managed to break above 96.70 where we have a triple top.
Blue lines - sideways channel
Red lines - longer-term trading range

The dollar index made a triple top at 96.70 and a rejection here will surely push it towards 95.50 and most probably even lower if the lower boundary is broken. The short-term support is at 96.30. If resistance is broken we should expect a sharp rise towards 97.70.

Red line - resistance (broken)
The weekly candle of last week tested support by the kijun-sen (yellow line indicator) and reversed higher mainly because of the coup attempt in Turkey last Friday. Price closed inside the weekly Kumo and this week starts with trading right on the lower boundary of the weekly Kumo. Resistance is at 96.70 and support, at 95.80.

InstaForex analytical reviews will make you fully aware of market trends!
Being an InstaForex client, you are provided with a large number of free services for
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Read more: https://www.instaforex.com/forex_analysis/78930/

[b][/b]Technical analysis of EUR/USD for July 15, 2016

When the European market opens, some economic news will be released such as the Trade Balance, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US will release economic data too such as the Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Empire State Manufacturing Index, Retail Sales m/m, Core Retail Sales m/m, Core CPI m/m, and CPI m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.

[b][/b]TODAY'S TECHNICAL LEVELS:


Breakout BUY Level: 1.1158.

Strong Resistance: 1.1152.

Original Resistance: 1.1141.

Inner Sell Area: 1.1130.

Target Inner Area: 1.1104.

Inner Buy Area: 1.1078.

Original Support: 1.1067.

Strong Support: 1.1056.

[b][/b]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.


InstaForex analytical reviews will make you fully aware of market trends!
Being an InstaForex client, you are provided with a large number of free services for
efficient trading.

Read more: https://www.instaforex.com/forex_analysis/78858/

[b][/b]Winners of 7 InstaForex contests revealed


The contest administration is ready to present to you the results of one more round of contests and promo campaigns held by InstaForex. We are therefore pleased to announce the names of our prize takers in as many as seven competitions at once, including One Million Option, Lucky Trader, InstaForex Sniper, FX-1 Rally, Real Scalping, Chancy Deposit, and Trade Wise, Win Device. Our sincerest congratulations to all the winners who showed great determination to succeed! As for other participants, we hope you will find your names in the next contest digest. May luck will be on your side next time!

FX-1 Rally

Yet another stage of FX-1 Rally revealed that Hilal Rasim Xananayev put in the strongest performance due to his outstanding trading and racing skills. We would like to congratulate the winner on overtaking his rivals in a superb race and wish him to retain the title of the best FX-Rally player in the next contest stages.

If you crave the breathtaking spirit of victory and are not afraid of tough challenges, you are most welcome to become a participant of FX-1 Rally. You can sign up for the upcoming round right now! The competition starts at 00:00 (GMT+3) on July 15, 2016 and ends at 23:59 (GMT+3) on July 15, 2016.

InstaForex Sniper

It takes bull's-eye precision and quick-thinking skills to hit the target in InstaForex Sniper. This is probably the most popular tournament among all InstaForex competitions, bringing together more and more participants every week.

This time, Aleksandr Sultankin managed to defeat his opponents in a fierce struggle, displaying perfect trading accuracy. We sincerely congratulate our winner and wish luck to all players who will join us at the next contest stage to be held from July 18, 2016 (GMT+3) to July 22, 2016 (GMT+3).

One Million Option

The One Million Option contest by InstaForex is not only a great opportunity to experience binary options trading but also a chance to win real money rewards. At this round, Nazlin Azmy got lucky and hit the jackpot.

If you, too, would like to try your hand at One Million Option, keep in mind that the next competition stage will take place very soon - from July 18, 2016 (GMT+3) to July 22, 2016 (GMT+3).

Lucky Trader

Firm hand, keen intellect and focus on success – these are the qualities you need to achieve top results in a two-week marathon called Lucky Trader.

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Real Scalping

Short-term trading is a complicated and rather challenging process as it requires your fullest attention. How many traders out there can be that attentive, focused and quick in making decisions? These are the qualities you need to score outstanding results in scalping.

This time, Nikolay Tretyakov exhibited remarkable trading skills, getting up on the first place at the latest contest stage. Our congratulations to the prize taker! Anyone willing to try their luck can register for the next stage that starts on August 1, 2016 (GMT+3) and finishes on August 26, 2016 (GMT+3).

Trade Wise, Win Device

Dmitry Sobolev, a participant of the latest Trade Wise, Win Device campaign, has been awarded a Blackberry smartphone.

You can also get a brand-new device from a leading electronics brand by participating in the next round of the Trade Wise, Win Device prize draw to be held from July 18, 2016 (GMT+3) to July 29, 2016 (GMT+3). Registration is available on the contest page.

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Learn more about contests
Photos and comments of the finalists

Intraday technical levels and trading recommendations for GBP/USD for July 14, 2016

Since January 2016, bullish persistence above 1.4500 was mandatory to maintain enough bullish strength in the market.

However, the previous weekly candlesticks maintained their bearish persistence below the depicted weekly supply zone (below 1.4470), which allowed further bearish decline to occur.

The prominent demand level located at 1.3845 (historical bottom that goes back to March 2009) provided a significant bullish rejection and a bullish engulfing weekly candlestick on February 26.

Bullish fixation above 1.4670 allowed for further bullish advancement initially towards 1.4950 (Weekly Supply) where a significant bearish rejection was expressed.

The price zone between 1.3845 and 1.3550 (historical bottoms in January 2009) was considered a significant demand zone to be watched for a bullish recovery.

However, by the end of June, a significant bearish breakdown below 1.3550 was expressed as depicted on the charts.

Note that the price zone of 1.3845-1.4040 now stands as a recent supply zone to be watched for new SELL entries if any bullish pullback extends above 1.3550.

On the other hand, bearish persistence below the demand level at 1.3550 enhances the bearish scenario towards 1.2700 (the nearest bearish projection target) where price action should be watched for a possible short-term BUY entry.



InstaForex analytical reviews will make you fully aware of market trends!
Being an InstaForex client, you are provided with a large number of free services for
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Read more: https://www.instaforex.com/forex_analysis/78840/

Technical analysis of USD/CHF for July 13, 2016



Overview:


The USD/CHF pair continues moving in a bullish trend from the support levels of 0.9789 and 0.9738. Currently, the price is in a bullish channel on the one-hour chart. As the price is still above the moving average (100), immediate support is seen at 0.9789, which coincides with a golden ratio (61.8% of Fibonacci).

As a result, the first support is set at the price of 0.9789. So, the market is likely to show signs of a bullish trend around the spot of 0.9789 - 0.973 . In other words, buy orders are recommended above the golden ratio (0.9789) with the first target at the level of 0.9904. Furthermore, if the trend is able to breakout through the first resistance level of 0.9904.

It should see the pair climbing towards the double top (0.9955) in order to form a new double top.

On the other hand, if a breakout happens at the support level of 0.9738, then this scenario may be invalidated.


InstaForex analytical reviews will make you fully aware of
market trends!
Being an InstaForex client, you are provided with a large
number of free services for efficient trading.

Read more: https://www.instaforex.com/forex_analysis/78767/

Gold analysis for July 12 , 2016

Since our previous analysis, gold has been trading downwards. The price tested the level of $1,350.21 in an ultra high volume. According to the 30M time frame, I found a bullish engulfing candle pattern in a high volume from the support at the price of $1,350.60. I am expecting higher price. Be careful when selling and watch for buying opportunities. The first take profit level is set at the price of $1,357.50. The second take profit level is set at the price of $1,359.90.

Daily Fibonacci pivot points:

Resistance levels:

R1: 1,367.20

R2: 1.371.50

R3: 1,378.90

Support levels:

S1: 1,353.00

S2: 1,348.50

S3: 1,341.30

Trading recommendations for today: Selling gold looks risky, watch for buying opportunities.

InstaForex analytical reviews will make you fully aware of
market trends!
Being an InstaForex client, you are provided with a large
number of free services for efficient trading.

Read more: https://www.instaforex.com/forex_analysis/78719/

Technical analysis of EUR/USD for July 11, 2016

When the European market opens, Italian Industrial Production m/m data will be released. The US will publish some economic data, too, such as the Labor Market Conditions Index m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.1096.
Strong Resistance: 1.1090.
Original Resistance: 1.1079.
Inner Sell Area: 1.1068.
Target Inner Area: 1.1042.
Inner Buy Area: 1.1016.
Original Support: 1.1005.
Strong Support: 1.0994.
Breakout SELL Level: 1.0988.
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.

InstaForex analytical reviews will make you fully aware of
market trends!
Being an InstaForex client, you are provided with a large
number of free services for efficient trading.

Read more: https://www.instaforex.com/forex_analysis/78625/

Success with InstaForex: company’s clients closed more than 200,000 winning trades on Brexit new


On June 23, 2016 the Britons voted in the referendum on whether the UK should remain or leave the European Union.

The outcome came as a surprise to most market players in Forex. On the day when Brexit was declared, InstaForex clients closed more than 200,000 winning trades on GBP, thus gaining total profit of over $6 million.

Importantly, despite extreme volatility and a complicated market environment in the course of the referendum and vote count, InstaForex offered the most favorable trading conditions, in particular leverage of 1:1,000 for several popular currency pairs. At the same time, a lot of brokers restricted leverage to 1:20-1:33.

EUR/USD Trading Recommendations for 8th July, 2016


Trading recommendations :
Sell now and below 1.1120
Stop loss : 1.1186
Take profit : 1.0970

Read more: https://www.instaforex.com/forex_analysis/78573/

[/color]Technical analysis of EUR/USD for July 04, 2016



[b][/b][color=#000099]Overview:

The EUR/USD pair will continue rising from the level of 1.1092 in the short term. It should be noted that the support is established at the level of 1.1092, which represents the ratio of the 61.8% Fibonacci Expansion on the H1 chart. The price is likely to form a double bottom in the same time frame. Accordingly, the EUR/USD pair is showing signs of strength following a breakout of the highest level of 1.1092. So, buy above the level of 1.1092 with the first target at 1.1169. It continues further towards the levels of 1.1215 in order to test the daily resistance 1. The level of 1.1215 is a good place to take profits today. Moreover, the RSI is still signaling that the trend is upward as it remains strong above the moving average (100). This suggests that the pair will probably go up in coming hours. If the trend is able to break the level of 1.1215, then the market will call for a strong bullish market towards the objective of 1.1291. On the other hand, in case a reversal takes place and the EUR/USD pair breaks through the support level of 1.1092, a further decline to 1.1000 can occur. It would indicate a bearish market.

[/b][/color]Comment:

It is expected that the range will be traded between the 1.1000 and 1.1291 levels this week. Please check out the market volatility before investing, because the sight price may have already been reached and scenarios might have become invalidated.

[b][color=#000099]Technical levels:

R3: 1.1414
R2: 1.1291
R1: 1.1215
PP: 1.1092
S1: 1.1016
S2: 1.0893
S3: 1.0817

Read more: https://www.instaforex.com/forex_analysis/78389/

Trading hours changed due to Independence Day in US

Dear Clients!

It is our priority to ensure your uninterrupted and profitable trading. That is why we inform you of changes in trading hours because of the Independence Day celebration in the United States. Trading hours will be changed on July 4 and 5, 2016.

July 4, 2016

The following instruments will not be available for trading:

CFDs on shares
Agro Futures
Goods Futures
#SPX, #INDU, #COMPQ
Trading on the following instruments will be closed at 20:00 terminal time:
Spot metals (GOLD, SILVER, XAUUSD)
Energy and Metals futures

July 5, 2016

July 5, 2016
Trading will be carried out as usual except for the following instruments:
Agro Futures (only #ZW, #ZS, #ZL, #ZM, and #ZC) — trading closed at 16:30 terminal time
Goods Futures (only #LBS) — trading closed at 17:00 terminal time

Please take time shifts into account when conducting trading operations.


PS: The schedule is of informative nature and may be changed.

Technical analysis of Gold for July 1, 2016

Gold has broken out of the triangle consolidation and is making higher highs and higher lows. The price is heading at least towards the $1,360 high with expectations of breaking it and reaching $1,400 by the end of next week.

[img][/img]

Black lines - triangle pattern (broken)

Gold continues to trade above the Ichimoku cloud and, as we said yesterday, the price formation was impulsive and a breakout was very near. Short-term support is at $1,313. Resistance is at $1,340 and next at $1,360. I'm bullish in Gold.

Red lines - expanding triangle

Gold is above the weekly cloud and is approaching post-Brexit levels. I continue to be bullish expecting to see $1,400 by next week. Gold has made a long-term low at $1,045, and I believe we are witnessing the early stages of a bullish long-term reversal.

Read more: https://www.instaforex.com/forex_analysis/78325/

Technical analysis of USDX for June 30, 2016

The Dollar index continues to trade inside the consolidation range and inside the pennant formation. The trend is neutral for the short term, but I expect an upward breakout towards 99 over the coming weeks.

https://forex-images.instaforex.com/userfiles/20160630/analytics5774c60b0e385.jpg

Black lines - pennant formation

The Dollar index is trading above the Kumo on the 4 hour chart with the stochastic oversold and turning upwards. I expect some Dollar strength to be seen in the market soon. Support is at 95.60 and resistance at 96.3

The weekly candle is getting weaker and is testing the lower cloud boundary support. This pullback is justified after the gap-up open on Monday, and I believe that only partially will the gap be filled, and the prices will reverse to the upside soon for the Dollar index.

Read more: https://www.instaforex.com/forex_analysis/78271/

Silver Technical Analysis for June 29, 2016.


Technical outlook and chart setups:

Silver is trading higher at $18.20 levels at this moment, looking to push towards $18.50 levels (major resistance on the weekly chart), before giving in to bears. The wave structure reveals that Silver might have topped out at $18.30 level or should produce a top at $18.50 level and produce a meaningful correction lower. Please note that the downside potential remains up to $15.40/50 levels, which is also fibonacci 0.618 support of the entire rally between $13.60 through $18.30 levels earlier. A break below $17.00 level would instill further confidence towards lower levels. It is hence recommended to remain flat and wait for the right opportunity to initiate short positions again. Immediate resistance is seen at $18.30/50 levels, while support is at $17.50 level respectively.

Trading recommendations:
Remain flat for now.

Read more: https://www.instaforex.com/forex_analysis/78193/

Technical analysis of EUR/JPY for June 28, 2016
[img][/img]

RECOMMENDATION:
Support/Resistance:
109.55 - Brexit Low
111.63 - Intraday Support
113.22 - Intraday Resistance
114.13 - Weekly Pivot
115.48 - Technical Resistance
118.71 - WR1

All sell orders from the last week might be kept open as long as the level of 1.15.48 is not clearly violated. New sell orders should be added between the levels of 113.22 - 114.13.

Read more: https://www.instaforex.com/forex_analysis/78120/

Limitations placed due to Brexit removed
Dear Clients,

Trading conditions, which were changed due to Britain's referendum, are now back to standard for all instruments.

Margin requirements are again calculated based on leverage for all trading account types.

Just step away from demo account to Liverpool

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Gold analysis for June 27, 2016
[img][/img]

RECOMMENDATION:
As expected, the price tested the level of $1,335.25 in a high volume. According to the 15M time frame, there is strong broken falling wedge formation (bullish pattern). Advice is to watch for buying opportunities on the dips. The first take profit level is set at the price of $1,357.00. There is lack of supply near the level of $1,322.50, which is a sign that the upward trend may continue.
Daily Fibonacci pivot points:
Resistance levels:
R1: 1,339.25
R2: 1.343.25
R3: 1,350.00
Support levels:
S1: 1,326.60
S2: 1,322.50
S3: 1,316.00
Selling gold looks risky at this stage. So, watch for potential buying opportunities.

Read more: https://www.instaforex.com/forex_analysis/78068/

[b][
Dear forum members,

Me and my colleagues are going to provide you with the latest analysis reviews. Please, follow our analysis and you will be informed about Forex. Hope, our reviews will help you to increase the efficiency of your trading.

The source is [URL=http://www.instaforex.com/]instaforex.com[/URL]

/b]