₦airaland Forum

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/

InstaForex announces winners of six contests

We are pleased to announce the results of the latest six competitions conducted by InstaForex. Today, we can name the winners of the following contests: One Million Option, InstaForex Sniper, Trade Wise, Win Device, FX-1 Rally, Real Scalping, and Lucky Trader. InstaForex congratulates the new winners on excellent results and wishes other participants to find their names in the next contest digest.

One Million Option{https://www.instaforex.com/contest_forex_option.php}

Being one of the most popular InstaForex contests, One Million Option brings together numerous participants who engage in a fierce battle to win the title of the best options trader. In this week's contest, Mochamad Supriyadi showed the best trading results. The next competition stage begins on August 3, 2015 (GMT+3) and lasts until August 7, 2015 (GMT+3).

InstaForex Snipe{https://www.instaforex.com/contest_forex_sniper.php}

To participate in the weekly InstaForex Sniper contest, traders need to be both quick and precise. There is a great number of contestants trying to come first and take the main prize. Elubai Ataburatov was the one who managed to defeat his opponents at this stage. The next competition will be held from August 3, 2015 (GMT+3) to August 7, 2015 (GMT+3). Go ahead and check your accuracy and speed in the InstaForex Sniper contest!

Lucky Trader{https://www.instaforex.com/contest_forex_lucky.php}

Firm hand, keen intellect and focus on success – these are the qualities you need to get great results in the two-week marathon called Lucky Trader. Be a role model in forex trading for two weeks and win the next stage of Lucky Trader just like Sugeng Prihadi did. The next contest will take place from August 10, 2015 (GMT+3) to August 21, 2015 (GMT+3).

«Trade Wise, Win Device»{https://www.instaforex.com/contest_forex_device.php}

And the winner is…Jawed Iqbal Khan! He gets a brand-new mobile device from Blackberry. Let's see if you can also win an awesome prize from a leading electronics brand. The next stage of Trade Wise, Win Device will run from August 3, 2015 (GMT+3) to August 14, 2015 (GMT+3).

«FX-1 Rally»{https://www.instaforex.com/contest_forex_rally.php}

Congratulations to Mohamed Selim – the luckiest trader and the best racer of another FX-1 Rally! He showed the greatest performance and unique trading skills over the latest forex racing distance. InstaForex wishes him to confirm the title of the best FX-1 Rally driver in the next stages. If you crave the breath-taking spirit of victory and cannot live without fierce struggle, welcome to FX-1 Rally! You can register and take part in the next contest that runs from 00:00 August 7, 2015 (GMT+3) to 23:59 August 7, 2015 (GMT+3).

«Real Scalping»{https://www.instaforex.com/contest_forex_scalping.php}

Short-term trading is considered to be quite complicated and diligent, as it requires close attention. How many traders out there can be that attentive, focused and quick in making important decisions? These qualities are required in order to achieve high results in scalping. This time, Ruslan Viacherski showed great trading skills and won first place at the latest stage of Real Scalping. InstaForex congratulates the winner and invites other traders to take part in the contest. Everyone willing to give it a try can register for the next stage that starts on August 3, 2015 (GMT+3) and finishes on August 28, 2015 (GMT+3). Registration is open on the official InstaForex website.

Learn more about contests{http://instaforex.com/en/forex_contests.php}

Photos and comments of the finalists{http://instaforex.com/en/forex_contests.php}

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/

[b]Dear Alhajiademola,

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

Thank you.

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/

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/

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/

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/

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/

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!!!

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!

Dear Mr/Mrs bpoju,

For you to know more about the PAMM system, please kindly visit the following websit: website: https://www.instaforex.com/registration_of_pamm_account.php. https://www.instaforex.com/faq.php#pamm and also this website to know more about PAMM monitoring system.

Moreover, in order to get a good PAMM trader, you need to check the past trading activities for three months and also the current trading activities to know if there has been profit or loss.

If you have any further questions, please do not hesitate to ask via this platform.

Have a pleasant day.

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/

EUR/CHF: Technical Analysis (Long Term) for July 4 - 6, 2012

When the European market opens, the economic news on Italian Retail Sales m/m is due.The US will release data on crude oil inventories, existing home sales, and HPI m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.0988.

Strong Resistance:1.0982.

Original Resistance: 1.0971.

Inner Sell Area: 1.0960.

Target Inner Area: 1.0935.

Inner Buy Area: 1.0910.

Original Support: 1.0899.

Strong Support: 1.0888.

Breakout SELL Level: 1.0882.

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/63617/

Technical analysis of AUD/CHF for July 21, 2015

The change in the momentum for the AUD/CHF pair has been detected; it should result in a corrective wave up. After the pair bounced from the downtrend trend line, the price broke above the key resistance R1 (0.7092).

While the bullish divergence has been formed on longer- and short-term scales, it indicates that sentiment is changing in bulls favor. At the same time, the price rejected the uptrend trend line that could be a signal that AUD/CHF is ready to move higher today or this week.

Consider buying AUD/CHF near R1 targeting either R2 (0.7209) or R3 (0.7272) resistance levels taken from the Fibonacci applied to the 07.05 low and 14.05 high. One move lower than S1 (0.7042) could either result in the consolidation or continuation of the downtrend.

Support: 0.7042

Resistance: 0.7272, 0.7209, 0.7272

Read more: https://www.instaforex.com/forex_analysis/63569/

Winners of six InstaForex contests revealed

Another InstaForex contest week has come to an end. Therefore, it is time to announce the winners' names. This time, they are the victors of the following contests and campaign: One Million Option, Lucky Trader, InstaForex Sniper, FX-1 Rally, Real Scalping, and Trade Wise, Win Device. InstaForex would like to offer all the winners its congratulations and wish the rest of contestants success in the coming competitions.

[url]FX-1 Rally by InstaForex[/url]{https://www.instaforex.com/contest_forex_rally.php}
Ruslan Demidov showed the best result in the FX-1 Rally contest. He demonstrated excellent trading and racing skills. Our congratulations to the victor on his achievement and may he win FX-1 Rally again. If you want face a challenge of this captivating contest and are ready to feel its thrill, welcome to the start of FX-1 Rally. You can register for the nearest contest that will kick off at 00:00, July 17, 2015 (GMT+3) and will finish at 23:59, July 17, 2015 (GMT+3).

InstaForex Sniper{https://www.instaforex.com/contest_forex_sniper.php}
To succeed in this contest, you should accurately hit the needed target. Maybe, it is the easiest and most popular InstaForex contest that attracts new participants every week. This time, the contest was won by Tatyana Zys. We congratulate her on winning and wish those who were not so lucky to try again in the next competition that will take place from July 13, 2015 (GMT+3) to July 17, 2015 (GMT+3). Test your accuracy right now!

One Million Option{https://www.instaforex.com/contest_forex_option.php
One Million Option will help you find out what binary options trading is in practice and earn prize money. The latest step of the contest was won by trader Zaheer Abbas. If you do not know it yet, we remind you that the next step is to start soon – on July 13, 2015 (GMT+3) and will run until July 17, 2015 (GMT+2).

Lucky Trader{https://www.instaforex.com/contest_forex_lucky.php}
Confidence, common sense, and sharp focus on success will pave the way for your victory in the Lucky Trader contest. This week, Vladimir Ikonnikov showed the best two-week trading. If you think you can also do the same, you may become a victor too. The next stage of the Lucky Trader contest will be held from July 13, 2015 (GMT+3) to July 24, 2015 (GMT+3).

Real Scalping{https://www.instaforex.com/contest_forex_scalping.php}
Short-term trading is a rather difficult type of trading requiring a lot of attention. Not everyone is focused enough and capable of clear and fast decision-making. But these particular qualities are needed for good results in scalping. The company congratulates Vladislav Kurmis on winning and invites those who failed to try again. Everyone willing to test their strength are welcome to take part in another contest step that will take place in the period from August 3, 2015 (GMT+3) to August 28, 2015 (GMT+3). Registration for the nearest step is available on the contest page of InstaForex official website.

Trade Wise, Win Device{https://www.instaforex.com/contest_forex_device.php}
According to the results of the Trade Wise, Win Device campaign, the winner and owner of an iPad became Oleg Chumanov. If you want to get a new branded gadget, be welcome to participate in the next stage of the campaign that will start on July 20, 2015 (GMT+3) and finish on March 31, 2015 (GMT+3). Registration is already available on the campaign's page.

Learn more about the contests{https://www.instaforex.com/forex_contests.php}
Photos and comments of the finalists{http://blog.instaforex.com/?page_id=11650}

Technical analysis of EUR/USD for July 14, 2015

When the European market opens, economic data on ECOFIN Meetings, Industrial Production m/m, ZEW Economic Sentiment, German ZEW Economic Sentiment, and German Final CPI m/m is due. The US will publish data about Business Inventories m/m, Import Prices m/m, Retail Sales m/m, Core Retail Sales m/m, and NFIB Small Business Index. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1036.

Strong Resistance:1.1030.

Original Resistance: 1.1019.

Inner Sell Area: 1.1008.

Target Inner Area: 1.0958.

Inner Buy Area: 1.0958.

Original Support: 1.0947.

Strong Support: 1.0936.

Breakout SELL Level: 1.0930.

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/63247/

InstaForex – official partner of Dragon Raсing

InstaForex – official partner of Dragon Raсing
In summer 2015, InstaForex became the official partner of the Dragon Racing Team{https://www.instaforex.com/dragon_racing.php| – one of the leaders in the FIA Formula E Championship, a global auto racing series for electric vehicles.

Formula E is the latest development in motor sports which embodies progress, cutting-edge technologies and eco-friendly approach. Futuristic design and electric motors reflect the contemporary vision of car racing and make the future possible today.
These qualities of Formula-E have attracted the attention of InstaForex which has been a technological pioneer from the moment of its establishment, introducing innovations and new developments in the brokerage market.

That is the main reason why InstaForex has chosen to cooperate with the young and ambitious Dragon Racing Team. In May 2007, the team made its debut in the IndyCar series, the most prestigious auto racing championship in the US. In 2014, Jay Penske, a media entrepreneur and the founder of Dragon Racing, decided to focus on Formula E. The team's first big success came with the first racing season and Jerome D'Ambrosio's victory in Berlin. Only two weeks later, the car running InstaForex branding took part in the Formula E Moscow debut.

The partnership with Dragon Racing continues the tradition that started in 2011 when the company became the title sponsor of InstaForex Loprais Team, the participant of the international Dakar Rally and winner of the Silk Way Rally 2011. In 2013, InstaForex became the official partner of Marussia F1 Team, the participant of the elite Formula 1 racing series. Cooperation with Dragon Racing is the logical continuation of the previous course.

Roman Cepelev, the Strategic Development Director at InstaForex:
“The whole concept of electric car racing gives a vision of the future of this industry. InstaForex has always used the latest technologies and has always been among the pioneers, just like Dragon Racing. Therefore we believe this partnership will provide the right synergy for both parties"

About Dragon Racing Team:
Dragon Racing was founded by top managers of Seagate Technologies in 2006. The team began its racing career as Luczo Dragon Racing. In 2009, the team completed its first season in the IndyCar series winning the Rookie of the year award.

Among other strategic partners of the Dragon Racing Team there were at different times McAfee, Microsoft, True Car and Chevrolet. The team is headquartered in Los Angeles while its facilities are based in the Donington Park Racing Circuit, UK.

Technical analysis of EUR/USD for July 13, 2015

When the European market opens, no economic data is due but the results of the Euro group's Meeting. The US will release economic data on the Federal Budget Balance. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1182.

Strong Resistance:1.1176.

Original Resistance: 1.1165.

Inner Sell Area: 1.1154.

Target Inner Area: 1.1128.

Inner Buy Area: 1.1102.

Original Support: 1.1091.

Strong Support: 1.1080.

Breakout SELL Level: 1.1073.

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 advisory if you have any doubts.

Read more: https://www.instaforex.com/forex_analysis/63183/

Technical analysis of USD/CAD for July 10, 2015


Overview:

According to the previous events, the USD/CAD pair is still moving between 1.2562 and 1.2767 in the long term. The support is found at the levels of 1.2562 and 1.2638; for that it will be so profitable to buy at this spot with the first target at 1.2730. Then, the pair will call for an uptrend in order to continue its bullish movement towards 1.2727 to test this strong resistance in the daily chart. Also, it should be noted that the level of 1.2767 represents a triple top. At the same time, the stop loss should be placed at the level of 1.2528.

Observations:

The triple top is seen at the level of 1.2667.

The support is seen at 1.2562. This level will represent the double bottom in the H4 chart.

We expect a range of 137 pips for the weekend (1.2630 - 1.2767).

Take notice:

The major support is represented with weekly support one. Moreover, the double bottom coincides with the major support and the strong support.

The price hit the weekly pivot point and support 1 last week because of the series of relatively equal highs and equal lows.

Read more: https://www.instaforex.com/forex_analysis/63099/

​Currency pair swaps to be changed

As a number of national banks have changed their interest rates, and as InstaForex prioritizes optimization of the trading terms, we inform our customers that new swaps are to be effective for some currency pairs since July 20, 2015.

You can find the list of the new swaps on the official site.{https://www.instaforex.com/company_news/7233.html}

We would like to remind you that the swaps are changed regularly as we bring the trading terms in compliance with external market factors. Please adjust your trading strategies to these changes if necessary.

If you have any questions, please feel free to email us at support@mail.instaforex.com

Technical analysis of Gold for July 09, 2015

Technical outlook and chart setups:

Gold dropped to $1,146.00/47.00 yesterday before recovering sharply back to the territory above $1,150.00. The metal has re-tested a low at $1,143.00 and sustained. Moreover, the daily chart view is indicating a morning star formation, which is extremely encouraging for bulls. It is still recommended to wait for the confirmation before entering long positions again. The metal could be possibly forming a double bottom around $1,143.00/45.00 before resuming its trend on the higher side. Immediate support is seen at $1,143.00, while resistance is seen at $1,175.00 followed by $1,190.00 and higher respectively.

Trading recommendations:

Remain flat for now.

Good luck!

Read more: https://www.instaforex.com/forex_analysis/63059/

Technical analysis of USD/JPY for July 08, 2015

In Asia, Japan will release data on the Economy Watchers Sentiment, Bank Lending y/y, and Current Account. The US will publish economic data about Consumer Credit m/m, FOMC Meeting Minutes, 10-y Bond Auction, and Crude Oil Inventories. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 122.79.

Resistance. 2: 122.55.

Resistance. 1: 122.31.

Support. 1: 122.02.

Support. 2: 121.78.

Support. 3: 121.54.

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/62958/

Technical analysis of EUR/USD for July 07, 2015

When the European market opens, economic data on the French Trade Balance, French Gov Budget Balance, and German Industrial Production m/m is due. The US will release economic data about IBD/TIPP Economic Optimism, JOLTS Job Openings, and Trade Balance. So amid the reports, EUR/USD will move low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1100.

Strong Resistance:1.1094.

Original Resistance: 1.1083.

Inner Sell Area: 1.1072.

Target Inner Area: 1.1046.

Inner Buy Area: 1.1020.

Original Support: 1.1009.

Strong Support: 1.0998.

Breakout SELL Level: 1.0992.

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/62897/

USD/CAD Pushing Lower - Analysis for June 26, 2012

In Asia, Japan will release the Leading Indicators. The US is expected to publish economic data on Labor Market Conditions Index m/m, ISM Non-Manufacturing PMI, and Final Services PMI. So there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 123.26.

Resistance. 2: 123.02.

Resistance. 1: 122.78.

Support. 1: 122.48.

Support. 2: 122.24.

Support. 3: 122.00.

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 advisory if you have any doubts.

Read more: https://www.instaforex.com/forex_analysis/62829/

EUR/JPY Intraday Technical Analysis July 03, 2015

NZD/USD is likely to consolidate today after hitting a five-year low of 0.6659 on Thursday. The price is undermined by lower dairy prices, diminished investor risk appetite, divergent Reserve Bank of New Zealand-Federal Reserve monetary policy stances and kiwi sales on buoyant AUD/NZD cross. But NZD/USD downside is limited by weaker sentiment toward the US dollar (ICE spot dollar index last 96.08 versus 96.32 early Thursday).

Technical comment:

The daily is chart still negative-biased as the MACD is bearish, stochastics stays suppressed at oversold levels, five- and 15-day moving averages are declining.

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 0.6660. A break of that target will move the pair further downwards to 0.6630. The pivot point stands at 0.6800. 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 0.6780 and the second target at 0.6825.

Resistance levels: 0.6780 0.6825 0.6850

Support levels: 0.6660 0.6630 0.66

Read more: https://www.instaforex.com/forex_analysis/62791/

Change in trading hours on July 2-3

InstaForex informs its clients that trading hours on July 2-3 will be changed due to the US national holiday – Independence Day.

On July 2, trading on Futures Argo instruments and #LBS (Lumber) futures will be closed at 20:00 terminal time.

On July 3, trading on spot and futures instruments on precious metals and energy will be also closed at 20:00 terminal time. Moreover, on July 3, trading on the following instruments will not be available: Futures Argo, Futures Goods, #SPX, #INDU, and #COMPQ.

Trading session will continue operating in a regular mode on Monday, July 6.

Technical analysis of USD/JPY for July 02, 2015

At the Asian session, Japan will release data on the 10-y Bond Auction and Monetary Base y/y. The US is expected to unveil economic data on Gas Storage, Factory Orders m/m, Unemployment Claims, Average Hourly Earnings m/m, Unemployment Rate, and Non-Farm Employment Change. So, there is a strong probability that USD/JPY will move with low to medium volatility during the Asian session, but with medium to high volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.03.

Resistance. 2: 123.79.

Resistance. 1: 123.55.

Support. 1: 123.25.

Support. 2: 123.01.

Support. 3: 122.77.

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 advisory if you have any doubts.

Read more: https://www.instaforex.com/forex_analysis/62713/

Technical analysis of EUR/USD for July 01, 2015

When the European market opens, economic data on the Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI is due.The US will release data on Total Vehicle Sales, Crude Oil Inventories, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, ADP Non-Farm Employment Change, and Challenger Job Cuts y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1186.

Strong Resistance:1.1180.

Original Resistance: 1.1169.

Inner Sell Area: 1.1158.

Target Inner Area: 1.1132.

Inner Buy Area: 1.1106.

Original Support: 1.1095.

Strong Support: 1.1084.

Breakout SELL Level: 1.1078.

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/62649/

Technical analysis of EUR/USD for June 30, 2015

Technical outlook and chart setups:

The EUR/USD pair is trading around 1.1165/70 at the moment and is looking to rally higher. As seen here, the pair rallied through the levels of 1.1275/80 yesterday following a drop lower to 1.0950. Please note that the structure still reveals that EUR/USD continues approaching higher highs and higher lows. It bounced off its intermediary support trend line yesterday. It is recommended to initiate fresh long positions at the current level with risk at 1.0930. Immediate support is seen at 1.0950 followed by 1.0810 and lower. Resistance is seen at 1.1436 followed by 1.1450 and higher respectively.

Trading recommendations:

Initiate long positions, stop is at 1.0930, a target is at 1.1500 and 1.1800.

Good luck!

Read more: https://www.instaforex.com/forex_analysis/62604/