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NewForex — The technical analysis of Forex Market


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#81
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
 
During the last trading session, the market considerably grew against the background of data on Purchasing Managers’ Index in the eurozone according to Markit and in anticipation of the decision of GB’s Supreme Court on appealing of the government concerning the Brexit procedure. In addition, the contribution in yesterday’s volatility was brought by Spain where business activity in a service sector appeared to be at the level of forecasts and Italy with its results of the referendum. On Tuesday’s biddings quotations have stabilized and the pair is traded within the closest levels of support at 1.0635 and resistance at 1.0925. Looking at the four-hour chart of technical analysis we can come to a conclusion that the market’s spirit is moderately bull, the histogram MACD began to grow slowly having risen above the signal line, remains in a positive zone. The oscillator Stochastic shows an overbought of the trade instrument.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
Judging by technical analysis at the four-hour chart the prominent up trend remains unaffected at current biddings, keeping its price applicable to its maxima per two last months.The market remains above moving averages with the period of 20 and 55 days which indicates the remaining bull moods of the markets’ participants. The histogram MACD continues to grow in a positive zone and today it has reached the level of its signal line, but doesn’t give an accurate signal yet. Stochastics entered an overbought zone that can presage a small correction of the market in the short term, but still it gives a strong signal on purchase, — the %K line rose above the %D line. However for adoption of investment solutions, one signal is not enough.It is necessary to wait until the price will gain its domain above a local maximum 1.2750 and will be fixed there.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
On Tuesday's biddings there is a small improvement of the up trend, which has been observed during the last month and today the price is consolidated in limits of support levels at 113.32 and resistance at 115.23.On the daily chart the histogram MACD remains in a positive zone, but decreases having fallen below the signal line which indicates the reduction of bull market potential and confirms the current improvement.Stochastic left an overbought zone and gives an accurate signal for sale - the %K line fell below the %D line.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/CHF
 
On Tuesday the pair continues the trades with reduction of price just like during the previous trading session where the Swiss franc shored up its position against the greenback at 83 tick and general volatility of intraday trade amounted up to 127 tick, which is quite peculiar for this market. Today the price remains within support level at 0.9992 and resistance level at 1.0127. The market spirit moderately bear, four-hour chart fell below moving averages with the period of 20 and 55 days. The histogram MACD appeared in a negative zone and continues to decrease, having fallen below the signal line, which indicates a reduction of the bull market potential and strengthening of bear tendencies.ADX shows weakening of the marked trend tendencies.
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NewForex Analyst
Luigi Campo

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#82
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
 
The growth of the currency pair which began on November 24 underwent correction during the last trading session. Having reached a two-week peak at 1.0795 and by establishing therewith a resistance corner, this market decreased and felt its support yesterday. On Wednesday, the trades have proceed with a moderate bull spirit within the closest level of support at 1.0666 and resistance at 1.0754. At the four-hour chart it is possible to notice that moving averages with the period of 20 and 55 days continue to grow which indicates the remaining bullish potential for continuation of the ascending trend in the long term. However the Stochastic oscillator doesn’t give a strong signal. It’s only slightly struck a boundary of an oversold zone. For the day it moves subparallel to the timeline where the %K and %D line run into one plotted point. The MACD histogram has fallen below the signal line, remaining in a positive zone which indicates a bear spirit of the market in the short-term.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
On Wednesday’s trades the currency pair is being traded with moderate bear mood, remaining within the closest levels of support at 1.2606 and resistance at 1.2726. Concerning a long-term outlook, this market keeps the current tendency of growth which began on the 12th of October and remains in the ascending channel. Only with a small frequency we observe some correctional movements. On the four-hour chart there is marked weakening of the MACD histogram below the signal which indicates a strong bear potential in this timeframe. Stochastic is in an oversold zone and gives a distinct trading signal. In case of the market’s passing support and fixing of the price lower than defined level, we will be able to see the markets price 1.2600 and then 1.2550 which invites to a certain entry into the market with short positions. However It should be noted that moving averages with the period of 20 and 55 days still grow, though they were slowed down, and the MACD histogram remains in a positive zone.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
On Wednesday, dynamics of the trades on this currency pair doesn’t differ from the last trading session. The active growth which was observed since the beginning of the past month significantly slowed down this week, but didn’t stop. For the last two days the market started testing a strong resistance level at 114.70. There’s one little «but» in it, for the time being it is unsuccessful. Today the price remains within the closest levels of support at 113.76 and resistance at 114.46, a trend index is neutral. As for a short-term outlook, the MACD histogram decreases, remaining in a positive zone, however it fell below the signal line which invites to the markets entrance with a short-term position.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/CHF
 
Dynamics of the trades on this currency pair differs in a strong bear tendency with the closest levels of support at 1.0076 and resistance at 1.0143 today. On Monday, after a small reduction of price from 1.0176 to 1.0049, this market grew up during the Tuesday’s trades up to 1.0114, having finished a session on the mark 1.0100. On Wednesday, the bear tendency of the market resumed and participants continued to put pressure on the market with short positions, testing the field of support in a short-term. On the four-hour chart the MACD histogram remains in a negative zone and moving averages with the period of 20 and 55 days remain up market. For today the purpose for short positions serves the corner 1.0045 and going forward in case of its successful overcoming it will be 0.9990.If the price will be fixed above the mark 1.0143, the market will be able to take place up to 1.0194.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of EUR/USD
 
On Thursday, the trades of the market on this currency pair proceed slightly bearish, however concerning a short-term outlook, bullish potential still remains. The single European currency continues to increase in price substantially and today it's traded within the level of support at 1.0631 and the level of resistance at 1.0773 with persistent testing of the last one. On the four-hour chart the MACD histogram was slowed down and doesn't give a strong signal remaining in a positive zone. Meanwhile, the Stochastic oscillator is at the cusp of an overbought zone however it continues to grow up to the position where the %К line is higher than the %D line keeping us waiting before uprise of a strong signal.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
On Thursday, the currency pair is traded in different directions with a small benefit of bears. At this stage the price remains within support level at 113.09 and the level of resistance at 114.10. As for a long-term outlook, the pronounced ascending trend stopped since the beginning of a current month and for this week, force of warring parties remains uncertain. The technical picture invites more to the bear scenario. The MACD histogram decreases, remaining in a positive zone but falling below the signal line which indicates benefit for short positions. In the short term, MACD fell below the central line, but it seems like it begins to grow, giving a weak trading signal. The Stochastic oscillator gives an identical signal which is more expressed — the %K line crosses the %D line bottom-upwards.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
After the two-day’s bear period on the market, bullish moods appeared again and since the end of the last trading session we can observe strengthening of sterling against the greenback. Nevertheless, It should be noted that the pair remains within strong levels of support at 1.2541 and resistance at 1.2656. If to look at the day chart, then it is possible to see that this currency pair didn’t manage to keep above a cloud of Ichimoku, getting its higher position on Tuesday up to 1.2774 (max. at 5.10.16) the price began to fall and made a start from this level within two-day correction, having reached the Tenkan line developing up again. It is possible to consider the upcast Ichimoku indicator as an additional level of support on the graph. On the four-hour chart moving averages developed up that confirms the extension of bull’s potential. As well as the Stochastic oscillator which approaches an overbought zone, the MACD histogram grows up again.
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NewForex Analyst
Luigi Campo
 

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#83
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
 
All index numbers that the single European currency accumulated since the 5th of December within the current week, went to nought yesterday, through the efforts of the European Central Bank during M. Draghi’s performance. He reported that the foundations of monetary policy will remain flat till March of the next year but also declared reducing program of quantitative easing up to 60 billion euros per month. It significantly pressed single European currency which entailed sterling. As for a technical analysis for today, the eurodollar is traded within support level at 1.0588 and resistance at 1.0675. On the four-hour chart the MACD histogram fell to a negative zone, the Stochastic oscillator goes up, remaining in an overbought zone. Both of them don’t give an accurate signals yet.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
On Friday, this currency pair keeps remaining under pressure and is traded within support level at 1.2479 and resistance at 1.2676. Further development of the bear scenario requires fixing of the price lower than the level of support. In spite of the fact that the current trading signal received confirmation remaining weak, the Chikou Span is below a price chart whereas the price is in Ichimoku cloud. While overcoming the current support, the descending trend will be able to prolong to the corner of 1.2400 until the price remains below Kijun-sen. If the market comes out above this line, the trading signal will become weaker with cancellation of the descending movement. By the way, it is quite possible if to pay attention to Stochastic which gives a clear trading signal, having left the oversold zone with the %К line crossing the %D line bottom-upwards.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
Since the beginning of the current month we can observe an explicit trend in this market. At the trades on Friday the price is in trading range, remaining within support levels at 113.45 and resistance at 114.55. During the Asian trading session the pair grew inertly and by the time of Europe trades development, tests the current level of support. On the four-hour chat the MACD histogram strongly slowed down and doesn’t show any trading signals, Stochastic is in an overbought zone with a small hints on signal’s origin.
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NewForex Analyst
Luigi Campo

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#84
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
 
On Monday the trades on this currency pair proceed in different directions. On the four-hour chart the market is characterized by a small bearish spirit of an index trend. At the opening of the European trading session the price remains within support level at 1.0554 and the level of resistance at 1.0649. The MACD histogram is in a negative zone, slowly reducing. Stochastic reports on this trade instrument oversold tendency with indistinct purchase signal. We shouldn’t rely on it because it can be false. EMA20 and EMA55 moving averages crossed which indicates the strengthening of bearish market potential. Strong bearish tendencies prevail on the day chart which is confirmed by MACD and Stochastic indicators. In such a manner we see that this market possesses serious bearish potential and is kept under pressure.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
On Monday this currency pair is traded with a small advance in price, remaining within support at 1.2569 and resistance at 1.2599. From the moment of trades, opening the initiative in the market belongs to bulls who are firmly aimed to overcome the current resistance. On the four-hour chart the MACD histogram is located in a negative zone, without giving strong signals, however Stochastic is in a neutral zone but with the %K line above the %D line which indicates the bull scenarios development in the short term. Nevertheless, in the long term the bearish spirit prevails in the market. On the week chart the price is below EMA20 and EMA55 moving averages, but for further down movement it is necessary to overcome a strong support in the corner of 1.2460/70.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/CHF
 
On Monday strengthening of the greenback against Swiss franc continues. The trades proceed with a small increase in a rate to the level of resistance at 1.0183 and with the next support at 1.0151. As for strongest level of support at 1.0073 and resistance at 1.0200. The technical analysis on the four-hour chart speak well for the ascending trend and strengthening of bullish potential, the market fixed above the Ichimoky indicator and the MACD histogram began to grow. In the long term, according to the day chart where the market steadily remains above the Ichimoky indicator the ascending tendencies continue to amplify steadily and in case of overcoming corner of resistance at 1.0200 we can return to an annual maximum at 1.0255.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
On Friday’s trades the greenback became more entrenched against the JPY. Today’s trading in Asia and Europe didn’t become an exception. After a week «slack» it seems that the ascending trend returned in the market. On Monday, the trades are characterized by clear advantage of bullish moods in the long term, as for now pair remains within support at 114.59 and resistance at 116.03. For today, the technical analysis develops in a certain way. On the day chart the Stochastic oscillator, remaining in an overbought zone gives a strong signal for an entrance to the market with long positions. The %K line is located above the %D line and keeps growing. The MACD histogram is in a positive zone, still grows, however it gave us not absolutely obvious signal for purchasing. In the short term display numbers are in kind. Stochastic, being in an overbought zone hints at fast emergence of a signal for sale whereas the MACD histogram on the sly of bulls. Thus, we expect continuation of the ascending trend in the long term along with considerable bullish potential within inside day trade.
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NewForex Analyst
Luigi Campo
 

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#85
Anna Mon

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Forex News from New Forex: Technical analysis of USD/CHF
 
On Tuesday couple is traded with a moderate bearish spirit, remaining within the current levels of support at 1.0094 and resistance at 1.0171. The technical analysis indicates the uncertainty which developed in the market, thus it is necessary to expect correctional price consolidation as a result of which force of opposing parties will be revealed. On the four-hour schedule the Stochastic oscillator leaves an oversold zone giving a strong signal on purchase, the %K line crosses the %D line from the bottom upwards which indicates development of the market ascending movement. MACD is located in a positive zone, however decreases which indicates small strengthening of bearish potential that can develop into short correctional movement of the price. The chart still remains above the Ichimoku indicator, therefore it is worth expecting further growth of this market towards 1.0200 and perhaps further.
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
From the second half of last trading session the sterling began to strengthen against the greenback having risen from 1.2578 to the mark of 1.2699. Then it digressed to the corner of 1.2660 during the Asian session. For today, by the beginning of trades in Europe the pair keeps the ascending potential and is traded within support levels at 1.2585 and resistance at 1.2695. On the four-hour chart we can observe the following situation: the price is fixed above the Ichimoku indicator which confirms bullish market potential. For continuation of the ascending trend the price is to consolidate above resistance in the corner 1.2695-1.2700, then we will be able to see its movement to 1.2775 (the peak of last week). For development of the bearish scenario it is required to overcome the current level of resistance and to be fixed lower than 1.2548 (the minimum of last week).
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NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of EUR/USD
 
On Tuesday, the pair is being traded with a small advance in price during the Asian trading session with support level at 1.0554 and the level of resistance at 1.0648. The technical analysis of this market speaks well for development of the bearish scenario in the short term. On the four-hour chart Stochastic gives a strong signal for sale. The %K line crosses the %D line from top downward as they leave an overbought zone. MACD began to grow slightly, but continues to remain in a negative zone which indicates insignificant strengthening of bullish tendencies which developed into the short-term ascending movement of the market by the beginning of the present trading session. Moving averages function with 20 and 55 were slowed down, crossed from top downward and continue to decrease confirming bearish market potential.
8eyNv8Sr.png
 
NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/JPY
 
Today the continuation of the ascending trend on this currency pair is observed. Since 4.11.2016 the greenback steadily becomes stronger against the Japanese yen with small correctional movements on two trading sessions and then the ascending trend returns to the market again. In the short term the closest levels of support and resistance are around marks of 114.59 and 115.80 per today. It is necessary to underline that this market still has serious bullish potential, the price was fixed above the Ichimoku indicator and steadily remains in the ascending channel. The Stochastic oscillator gives a signal on purchase, MACD was a little slowed down, but remains in a positive zone. Let’s remind that today begins a two-day committee meeting on the USA public market, therefore all participants of the market reduce the activity expecting results of a meeting which publication is planned for tomorrow 22:00 Moscow time.
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NewForex Analyst
Luigi Campo

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#86
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
 
On Wednesday it is expected the release of the important economic data and other calendar news on US dollar which are strongly influencing volatility of the foreign exchange market.
16:30 Moscow time — PPI Output for November;
16:30 Moscow time — Volume of retail sales for November;
18:30 Moscow time — change of formation oil volume and oil products;
22:00 Moscow time — The decision on FRS interest rate which FOMC press conference will follow.
While waiting for these news, the situation in the market is rather quiet and investors don’t risk to come over to bulls or bears side. Therefore in the short term the technical analysis didn’t have definite scenario. On the four-hour chart MACD remains in a negative zone, but today it poorly grows while Stochastic is in the neutral plane and doesn’t give a strong signal.
15iw6PWo3.png
 
NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of GBP/USD
 
On Wednesday it is expected the release of the important economic data and other calendar news on US dollar which are strongly influencing volatility of the foreign exchange market.
15:00 Moscow time — speechification of Mark Carney(the governor of the Bank of England);
16:30 Moscow time — PPI Output for November;
16:30 Moscow time — Volume of retail sales for November;
18:30 Moscow time — change of formation oil volume and oil products;
22:00 Moscow time — The decision on FRS interest rate which FOMC press conference will follow.
On Wednesday, sterling is traded with small reduction in price within support levels at 1.2615 and resistance a 1.2695. In the corner of 1.2722 lies stronger resistance. The descending correction stagnates around a mark of 1.2640. On the four-hour chart the MACD indicator remains in a positive zone and decreases. The Stochastic oscillator is located at the output of an oversold zone, at the same time creating a signal on purchase, the %K line crosses the %D line from the bottom upwards, being in a boundary of the area that promotes strengthening of a signal.
15iw6PWo4.png
 
NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of AUD/USD
 
On Wednesday it is expected the release of the important economic data and other calendar news on US dollar which are strongly influencing volatility of the foreign exchange market.
16:30 Moscow time — PPI Output for November;
16:30 Moscow time — Volume of retail sales for November;
18:30 Moscow time — change of formation oil volume and oil products;
22:00 Moscow time — The decision on FRS interest rate which FOMC press conference will follow.
Since 21.11.2016 the Australian dollar continues to strengthen against the greenback but strong resistance in the corner of 0.7500 is not surmounted albeit several desperate attempts. On Wednesday the trades proceed with a small bullish spirit of the market and today the Australian dollar already tested the level which was mentioned above. The technical analysis of a four-hour time frame looks as if the price is clamped in a triangle that implies a fast exit from it. There is one question left. Is it going up or down? All participants of the market hope that FRS today’s meeting and FOMC press conference will provide the answer
15iw6PWo5.png
 
NewForex Analyst
Luigi Campo
 
Forex News from New Forex: Technical analysis of USD/CAD
 
On Wednesday it is expected the release of the important economic data and other calendar news on US dollar which are strongly influencing volatility of the foreign exchange market.
16:30 Moscow time — PPI Output for November;
16:30 Moscow time — Volume of retail sales for November;
18:30 Moscow time — change of formation oil volume and oil products;
22:00 Moscow time — The decision on FRS interest rate which FOMC press conference will follow.
For about a month it is observed the descending movement on currency pair USD/CAD and this week was reached the next round boundary 1.3100. However this level of support wasn’t passed with a late market slightly above. On Wednesday, the rades proceed within the current support at 1.3100 and resistance at 1.3141. On the four-hour chart moving averages continue to decrease but they were slightly slowed down while MACD remains in a negative zone, and according to ADX trend indicator the descending tendency movement of this market is expressed rather well, the considerable excess of DI + over DI.
15iw6PWo6.png
 
NewForex Analyst
Luigi Campo

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#87
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD

Yesterday, after long promises and expectations, FRS raised an interest rate at last which strengthened index positions of the greenback in relation to all world currencies. Today the trades proceed with insignificant, further rate decline and the price remains within the level of support at 1.0462 (minimum March, 2015) and resistance at 1.0611. The technical analysis of this currency pair differs in bearish prospect. MACD is in a negative zone and it gives a strong signal for sale. The Stochastic oscillator approached an oversold zone with the same bearish signal, the %K line is lower than the %D line. Thus, continuation of the descending movement of this market and strengthening of the greenback against single European currency is expected.

ymgURnPs.png

 

Forex News from New Forex: Technical analysis of USD/CHF

On Wednesday, the increase of an interest rate after the last two-day committee meeting for monetary policy of the USA gave serious support to the greenback. Having added more than 100 points, quotations on this currency pair exceeded its January maximum of the current year (1.0255), overcoming strong and psychological resistance at 1.0200 and on Thursday also with resistance 1.0274 are traded within support at 1.0156. The technical analysis on the four-hour chart has the obvious bullish direction. The MACD histogram is in a positive zone, it grows and has an entrance to the market with long positions, giving a signal on purchase. The Stochastic oscillator is in an oversold zone and gives a strong signal on purchase — the %K line is higher than the %D line and both are directed up.

ymgURnPv.png

 

Forex News from New Forex: Technical analysis of USD/JPY

Steady growth of this market is observed for the current week, as well as during several last. Increasing of FRS interest rate added an additional impetus to already strong bullish tendencies in the market. Thus the intraday growth exceeded at 200 pips at closing of yesterday’s trading session at the level of 117.15 poured out in couple exit from the channel up. On Thursday, the greenback continues to become stronger against the Japanese yen and during the trades in Asia a repeated exit abroad of the ascending channel was fixed up. After start of trading in Europe the growth of quotations continued. Technical picture potentially is bullish. On the four-hour chart MACD is located above the zero line and grows, giving a signal for sale. The Stochastic oscillator — in an overbought zone, however the %K line is higher than the %D line that assumes the further growth of the market.

ymgURnPu.png

 

Forex News from New Forex: Technical analysis of GBP/USD

Yesterday’s monetary U.S. authorities increase of an interest rate gave a serious impetus to the greenback which considerably consolidated against the principal world currencies. As a result Sterling handed over about 200 pips for benefit of the greenback and today it is traded within the closest levels of support at 1.2478 and resistance at 1.2588. On the four-hour chart the technical analysis looks not rather certain. The MACD histogram passed a zero mark having appeared in a negative zone and falling below the alarm line that is a signal to sale. However, the Stochastic oscillator despite of an arrangement in an oversold zone, doesn’t give a strong signal. Thus, in case of adoption of investment decisions it is necessary to consider the local levels of support and resistance. Development of the bull scenario is the most probable when the price is fixed higher than 1.2588. Opposite movement of the market is the most probable condition of passing of support at 1.2478.

ymgURnPt.png

 

NewForex Analyst

Luigi Campo


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#88
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Friday, the single European currency is traded with small strengthening against the greenback after the minimum of January, 2003 was updated and the price fell to 1.0365. Thus, for today the level of support is the psychological threshold 1.0300 and the level of resistance at 1.0474. On the four-hour chart moving averages with the period of 20 and 55 continue to decrease after recent crossing down. The schedule is located lower than both moving averages that doesn’t exclude further development of the descending movement. MACD is in a negative zone and below the signal line that is an accurate signal for sale. However, one similar signal isn’t enough for adoption of investment decisions. The market is in a situation of a strong imbalance that threatens any similar decisions. Perhaps, today’s statistical data on inflation in the eurozone will be able to break a situation, but for now we prefer to be out of this market until its stabilization and emergence of an accurate and confirmed signals of the technical analysis indicators.
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Forex News from New Forex: Technical analysis of GBP/USD
After the yesterday’s unanimous decision of the Bank of England to keep an interest rate at the current level, the sterling got small support and quotations were late for a while staying in the corner of 1.2445-1.2499. However, at the time of positive statistics on inflation entry in the USA its decrease was resumed with a new force and now, on Friday, the couple is traded with support level at 1.2300 and resistance at 1.2499 having a considerable bearish market potential. The technical analysis on the four-hour chart indicates continuation of the descending trend. According to the ADX indicator, there is a significant difference between +DI and — DI. The MACD histogram remains in a negative zone and below the signal line which is a strong signal for short positions. Stochastic is in an oversold zone, but without obvious signals. It is worthy of note that for further development of a bearish trend the market needs to be fixed lower than the level of support at 1.2300. For opposite succession of events it is required to be beyond a minimum of last week 1.2548.
15iw6PWox.png
 
Forex News from New Forex: Technical analysis of USD/JPY
On Friday’s trades the greenback continues to become stronger against the JPY. Statements of the head of the Federal Reserve D. Yellen concerning soft and gradual toughening of monetary policy couldn’t constrain the bullish potential of national currency. After participants of the market learned that substantial increase of an interest rate for the next three years (2017 — 2019) where the commission will have three session in a year (no more than two meetings were planned earlier), the dollar began to rise in price in relation to absolutely all principal world currencies. The JPY didn’t become an exception. According to technical analysis on the four-hour chart, ascending dynamics of a rate on this trade instrument remains stable, with a good bullish potential. During the biddings in Asia the price returned to the level of February of the current year, with support at 117.53 and with a resistance at 119.25 remaining above the ascending channel. The MACD histogram is above the central line, however begins to move along the time axis with lack of a strong signal. Stochastic left an overbought zone with a signal for sale, the %K line is over the %D line. Thus a small correction in the short term is possible before this market continues its growth.
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Forex News from New Forex: Technical analysis of USD/CHF
On Wednesday after FRS meeting in this market the ascending trend renewed. On Thursday strengthening of dollar led the following situation: by the end of the European trading session at some time for the greenback it was given 1.0342 of Swiss franc. Today’s trading session is characterized by a small depreciation of national currency of the USA and couple is traded within support at 1.0175 and resistance at 1.0303. However bulls still keep their potential in the long term. On the day chart the MACD histogram also begins to grow in a positive zone which indicates an entrance to the market with long positions. The Stochastic oscillator also confirms the current tendency being at an entrance of an overbought zone with the %K line above the %D line. In the short term, according to a technical analysis at a four-hour timeframe the situation isn’t so unambiguous. Indicators from these two indicators disperse a little that can foretell small correction in dynamics of this market.
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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
Following the trades results for the last week the single European currency keeps above a mark of 1.0400. The ascending movement was limited to mark’s correction to 1.0473. On Monday it is expected that both data on the Index of economic expectations (IFO) across Germany and also Indexes of business optimism with the Indicator of assessment of the current situation for December will be published. If data is better than forecasts or though at their level, the single European currency will get support and remain in the field of the current quotations. If data is worse, the currency will appear under pressure. Well, at last if data on the USA today (Purchasing Managers’ Index in a service sector for December) appear according to the forecast or above, then the pressure upon euro will amplify. So far the pair is traded within support at 1.0422 and resistance at 1.0497.In the long term the market still keeps bearish moods.The technical analysis on the four-hour chart has a small bullish shades. The MACD histogram remains in a negative zone because it is located above the signal line and raises, creating thereby a signal on purchase. The Stochastic oscillator enters an overbought zone with the %K line above the %D line that confirms a bullish spirit of the market in this interim.
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Forex News from New Forex: Technical analysis of GBP/USD
At the trades on Friday, quotations on this currency pair were at the level of 1.2382, but during trades in America, closer to closing the price returned to the corner of 1.2500. On Monday at the opening of the European trading session the price remains within support levels at 1.2433 and resistance at 1.2559. The MACD histogram on the four-hour chart is in a negative zone, but began to decrease and now it is above the signal line which indicates about weakening of bearish potential of the market. However, at the same time Stochastic reports that bears nevertheless have enough forces to press through the market giving a signal for sale. The indicator of average directed movement ADX speaks well for short positions too. Thus, concerning a short-term outlook despite small weakening of the descending tendencies, sterling still can’t overcome the greenback and to unfold back the current tendency of the market.
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Forex News from New Forex: Technical analysis of USD/JPY
On Monday pair is traded with small lowering, remaining in the frame of current ascending channel and within support levels at 117.19 and resistance at 118.15. In the long term — the schedule was fixed above the Ichimoku indicator that implies continuation of the ascending trend and further strengthening of the greenback. On the four-hour chart it is possible to notice the reduction of the MACD histogram and Stochastics exit to an oversold zone giving a signal for sale where the %K line is lower than the %D line. Thus, it is recommended to buy about the local level of support in order to fix profit around the upper bound of the ascending channel.
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Forex News from New Forex: Technical analysis of USD/CHF
On Monday trade on this currency pair is characterized by easy bearish spirit of the market with decrease in quotations of the current level of support at 1.0223 and with a resistance at 1.0293. Having reached its five-year maximum last week , the price returned to a framework of the ascending channel that implies weakening of bullish tendencies, but not changing of general trend in any way. According to ADX Average directional movement index we can expect further strengthening of the greenback against Swiss franc in the long term, the discrepancy of +DI and — DI is rather big and continues to increase. Moving averages were slightly slowed down, but continue to grow up. In the short term, correctional movement down is probably to appear if to trust indicators of the MACD histogram and Stochastic on the four-hour chart.
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Forex News from New Forex: Technical analysis of EUR/USD
On Tuesday couple is traded with reduction in price remaining within support level at 1.0355 and the level of resistance at 1.0440. The technical analysis of the market remains bearish. On the four-hour chart the MACD histogram is in a negative zone and it is slightly higher than the signal line and moves along time axis. Stochastic entered an oversold zone with the %L line below the %D line. Thus, we have signals for sale on both indicators in the short term.
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Forex News from New Forex: Technical analysis of GBP/USD
At opening of trades in Europe this currency pair continues the descending dynamics, being traded within support levels at 1.2300 and resistance at 1.2450. Today the bearish mood of the participants remain to dominate in the market just like yesterday. In a four-hour time frame the descending progression of the MACD histogram is observed giving a strong signs for benefit of short positions. The Stochastic oscillator gives an accurate signal for sale and the %K line fell below the %D line.
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Forex News from New Forex: Technical analysis of USD/JPY
On Tuesday, after a small correction at the end of the last week at the trades, it is observed the renewal of the currency pair growth in levels of support and resistance at marks of 116.12 and 117.55 which increased consequently. On the four-hour chart the technical analysis looks moderately bullish with continuation of the ascending trend in the market. For today, the MACD histogram intensively grows returning to a positive zone, being above the signal line that is a certain signal for purchases. Stochastic also gives a signal on purchase so the %K line is higher than the %D line staying in an overbought zone.
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Forex News from New Forex: Technical analysis of EUR/USD

On Wednesday, the couple is traded with reduction in price remaining within the closest levels of support at 1.0355 and resistance at 1.0413. On the four-hour chart the technical picture looks mainly bearish, but in the short term it is possible to expect its correction up. The MACD histogram is in the negative zone being slowed down but staying above the signal line and moving parallel to the time axis. The Stochastic oscillator reached an overbought zone border with the %K line above the %D line which indicates a signal for purchasing. Presumably, the situation will remain without any changes as any publications of statistical data on the eurozone aren’t planned for today. Only in the late afternoon the statistics on inventories of oil and oil products in the USA for December will be published so it can put pressure or on the contrary to maintain the greenback.

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Forex News from New Forex: Technical analysis of GBP/USD

On Wednesday, at opening of the European trading session the currency pair is traded within the closest levels of support at 1.2282 and resistance at 1.2393. On the four-hour chart after short staying above the central line the MACD histogram returned to the mark which is below zero and doesn’t give any strong signals moving along time axis. The Stochastic oscillator came to an overbought zone border giving a signal on purchase where the %K line is located above the %D line. Thus, this market keeps its bearish potential in the long term with hints on short correction of the price in the short term. In the middle of the European trading session there will be data on amount of net borrowings of Great Britain public sector for November that can give a small support to sterling if forecasts are true.

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Forex News from New Forex: Technical analysis of USD/JPY

On Wednesday, at the trades in Asia this currency pair is traded with reduction in price, having gone beyond the lower bound of the ascending channel today. By the opening of European trades the price remains within levels of support at 117.24 and resistance at 118.20. In general, the market keeps the ascending potential in the long term remaining much higher than Ichimoku indicator. In the short term if to look at the four-hour chart, we can observe weakening of bullish tendencies with correction and testing of the next support level. The MACD histogram was considerably reduced having fallen below the signal line giving a tendency for an entrance to the market with short positions. The Stochastic oscillator decreases giving an accurate signal for sale, the %K line is lower than the %D line. Meanwhile, it is quite prematurely to speak about current trend change, but the prospect of kickback is quite probable according to the developing technical picture of the market.

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Forex News from New Forex: Technical analysis of USD/CHF

On Wednesday, the ascending dynamics of the pair currency rate within the ascending channel in the long term continuous. Throughout the trades in Asia there was an insignificant reduction of price within the current levels of support at 1.0250 and resistance at 1.0300. In the short term, on the four-hour chart there is strengthening of bearish potential with participants of the market which is reflected in accordance with MACD indicator whose histogram decreases, remaining in a positive zone but giving a signal for sale, having fallen below the signal line. The Stochastic oscillator decreases too, giving a signal for sale in the short term where the %K line falls parallel to the %D line staying below it. The ADX average direction of movement indicator shows weakening of trend force and redistribution of potential between bulls and bears, the discrepancy between — DI and +DI is considerably reduced.

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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Thursday, during the Asian session and by the opening of trades in Europe this currency pair slightly grew up but then faced resistance in the corner of 1.0450. However, this is not about change of the markets current descending tendency in the long term. Line items of bears are weakened a bit but only in the short term. On the four-hour Stochastic chart it is located rather close to an overbought zone and creates a signal on purchase with the %K line above the %D line. The MACD histogram creates an identical signal but at the same time remains in a negative zone. Moving averages with the period of 20 and 55 were only a little slowed down and continue to decrease. Marks of 1.0355 and 1.0451 act as the closest levels of support and resistance.
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Forex News from New Forex: Technical analysis of GBP/USD
For the current trade week this market was aimed to find some kind of balance. On Thursday, by the time of trades opening in Europe we have a firm level of support in the corner of 1.2315 and at least strong level of resistance in the corner of 1.2381. In the long term this currency pair keeps bearish potential. The market is located below moving averages which continue to decrease. Concerning a short-term outlook, on the four-hour chart it is observed the movement of MACD histogram along time axis but at the same time it remains in a negative zone and gives a signal on purchase, having risen above the signal line. The Stochastic oscillator created a similar signal being in a neutral zone.
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Forex News from New Forex: Technical analysis of USD/JPY
This week pair keeps its ascending tendency, however the bullish market potential was a little slowed down. At the trades on Thursday the price remains within the closest levels of support at 117.46 and resistance at 118.20. In a four-hour time frame the market stays above the Ichimoku indicator, however the MACD histogram almost came up with a central line and has a very weak signal on purchase. The Stochastic oscillator is in the central corner and created a signal for a favorable entrance to the market with long positions, the %К line goes up and rose above the %D line.
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Forex News from New Forex: Technical analysis of USD/CHF
On Thursday, strengthening of the greenback against Swiss franc was a little slowed down and the trades in Europe proceed within support levels at 1.0234 and resistance at 1.0287. Insignificant consolidation of the price is observed in the corner with tendency to preserve the current ascending trend. However, according to indications of technical analysis indicators it is possible to speak about decrease in bullish potential of this market. On the four-hour chart reducing of the MACD histogram is observed. So in the short term it forms a signal for sale. The Stochastic oscillator is also at the stage of similar signal forming. The average directed movement indicator shows preserving of the current trend and its force in the long term, the discrepancy of +DI and — DI is still considerable. The price remains in the current ascending channel.
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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Monday the trades on this currency pair proceed quite steadily. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Japan was the only one who had news. Thus, today euro is traded against the American dollar in a lateral channel with a small advance in price within the closest levels of support at 1.0435 and resistance at 1.0469. Only fixing of the market above a mark of 1.0500 will be the foundation for a talk on increase in demand for single European currency. On the four-hour chart the technical analysis develops mainly for benefit of bulls, the MACD histogram was reduced to zero and now is ready to appear in a positive zone, the Stochastic oscillator grows with the %K line above the %D line creating a signal for long positions in the short term.
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Forex News from New Forex: Technical analysis of GBP/USD
At the trades on Monday the small ascending correction of the price is observed on this trading instrument. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Thus, it determines low volatility of the market today. On the four-hour chart the MACD indicator remains in a negative zone moving along time axis without creating any accurate signals. Stochastic grows giving a signal on purchase while the %K line is higher than the %D line. As the technical analysis isn’t obviously expressed and determined within intra day trade in the short term, it is recommended to remain out of this market until emergence of accurate signals. As for a long-term outlook, this market still keeps bearish potential. Moving averages with the period of 20 and 55 continue to decrease.
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Forex News from New Forex: Technical analysis of USD/JPY
The ascending trend of this market is slowed down and fade away. On the four-hour chart the MACD histogram passed to a negative zone and gives a signal for sale having fallen below the signal line. In the short term the price remains within the closest levels of support at 117.01 and resistance at 117.65 with intention of bears to punch support level. The Stochastic oscillator created a signal for sale, the %K line crosses the %D line from the bottom upwards to the border of an oversold zone. Concerning an average and long-term outlook the chart still remains above the Ichimoku indicator that indicates the current trend is hold true, however there is a redistribution of warring parties forces.
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Forex News from New Forex: Technical analysis of USD/CHF
From the middle of a current month growth of this market stopped and duting the last two weeks the pair is traded in a side trend with a corridor of 1.0217 and 1.0319. On Monday, the trades proceed with low volatility. On the occasion of Christmas celebration by a Gregorian calendar and the accompanying holidays following from it, day of gifts in Great Britain, Germany, Greece; Day of Saint Stephen in Italy and Switzerland, etc., the American and European trading floors are closed today. Japan was the only one who had news.Thus, quotations on this trade instrument remain within support levels at 1.0246 and resistance at 1.0269. The technical analysis on the four-hour chart indicates bearish market potential. The MACD histogram came up with the axial line, Stochastic created a signal for sale. Moving averages with the period of 20 and 55 were slowed down and now approach to the prospect of crossing.
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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
In virtue of statistical data publications lack and Christmas days off this currency pair is traded in a lateral channel since the end of last week. The lower bound of the channel serves a support at 1.0431 and upper bound serves the current level of resistance at 1.0454. Moving averages with the period of 20 and 55 were slowed down and are close to crossing. As for Stochastic and MACD oscillators there are no signals. Before clarification of watting parties force and manifestation of their potential we prefer to be out of this market for a while.
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Forex News from New Forex: Technical analysis of GBP/USD
In virtue of statistical data publications lack and Christmas days off this currency pair is traded in a lateral channel since the end of last week. At the thades on Tuesday the price remains within the closest levels of support at 1.2273 and resistance at 1.2287 which didn’t change in comparison with last trading session. In a four-hour time frame the MACD Histogram remains in a negative zone, but rose slightly above the signal line that can speak about small increase in bullish potential of this market that makes insignificant redistribution of forces of sellers and buyers. The Stochastic oscillator is located in a neutral zone and at the moment it doesn’t give accurate signals. Nevertheless, the price chart remains below moving averages with the period of 20 and 55 that indicates perseverance of the descending tendency in the long term.
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Forex News from New Forex: Technical analysis of USD/JPY
The statistical data on Japan which appeared during the Asian trading session didn’t give support to the Japanese national currency however it also didn’t worsen its situation against the greenback. The pair still remains in a side corridor with the lower bound at the level of support at 117.01 and upper on a mark of resistance at 117.84. Yesterday, on the four-hour chart the MACD histogram went to a negative zone but today it was developed and creates a signal on purchase. The Stochastic oscillator grows up in a neutral zone, giving a signal on purchase so the %K line is higher than the %D line. Moving averages with the period of 20 and 55 are close to crossing up that indicates the remaining bullish potential of this market in the long term.
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Forex News from New Forex: Technical analysis of USD/CHF
On Tuesday, the pair is traded with an advance in price remaining within support level at 1.0250 and the level of resistance at 1.0294. Today the market is characterized by a moderate bullsh spirit and numerous but unsuccessful attempts to test the current resistance. The technical analysis on the four-hour chart indicates for a turn of the ascending tendency. The MACD histogram goes up remaining in a positive zone and creates a weak signal on purchase that belongs to the medium term. However the Stochastic oscillator is located in an overbought zone and creates a strong signal for an entrance to the market with short positions, the %K line crosses the %D line from the bottom upwards in the border of an overbought zone. Concerning a long-term outlook, we expect that this market will continue its growth.
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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Wednesday, we can observe continuation of slow but stable strengthening of single European currency against the greenback is expected. For today the slow growth which began on December 20 continued during the Asian trading session. The market tests the closest level of resistance at 1.0469 once again meanwhile the price remains within support at 1.0434 and strong resistance in the corner of 1.0490. On the four-hour chart the technical analysis of the market is characterized by the ascending potential. Redistribution of forces between buyers and sellers is almost complete, the moving average with the period of 20 crossed average with the period of 55 from below up. The MACD histogram is at a zero mark and moves along time axis. Stochastic is in an overbought zone and creates a signal on purchase, the line %К is higher than the %D line and both are growing at the moment.
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Forex News from New Forex: Technical analysis of GBP/USD
On Wednesday, during the Asian trade session the sterling was traded with small strengthening against the greenback. On the four-hour chart it is possible to see that this market found intermediate support at 1.2243 and now the price, rests against resistance on a mark 1.2292 having made a start from this local level. Concerning technical analysis in the short term, the MACD Histogram remains in a negative zone, but today gives a signal on purchase. The Stochastic oscillator is in a stage of growth and approaches an overbought zone, creating a signal for an entrance to the market with long positions. Continuation of the ascending tendency is possible if the price will be fixed above the current level of resistance. Then we will be able to see the growth up to 1.2370 and perhaps further grow up to 1.2425. In case of opposite succession of events the rate of sterling can fall to the mark of 1.2110 which is the strong level of support.
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Forex News from New Forex: Technical analysis of USD/JPY
This week we continue to observe consolidation of this market with support at the level at 117.22 and with a resistance at 117.87. On Wednesday, the pair is traded with a small advance in price during the Asian trade session however the technical analysis of the market in the short term has bearish tendencies of development according to indicators indications of the technical analysis. On the four-hour chart the MACD histogram is located in a positive zone, slightly higher than the central line and grows poorly. The Stochastic oscillator created a signal for sale, the %К line crosses the %D line from top downward and decreases. Moving averages with the period of 20 and 55 were slowed down crossing from top downward.
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Forex News from New Forex: Technical analysis of USD/CHF
At the Wednesdays trades the Swiss franc is traded with a small advance in price against the greenback remaining within flowing supports at 1.0266 and resistance at 1.0297. In the short term this market is more susceptible to bullish moods of its participants and its schedule is located above the Ichimoku indicator. The next purpose for the ascending movement is the corner of 1.0319 (max. of 20.12.2016) and further 1.0342 (max. of 15.12.2016) where the strongest area of resistance is located. The MACD histogram on the four-hour chart remains in a positive zone and began to grow poorly but doesn’t create a signal yet. Stochastic is located in the central area and only begins to create a signal on purchase. Speaking about a long-term outlook we have already updated an intra annual maxima and even more. We returned to the price level of August, 2010 that allows to assume that the ascending movement can continue. On the day schedule MACD grows creating a signal on purchase, as well as Stochastics, the %К line which is above the %D line grows.
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Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Friday, the pair is traded with a small bearish spirit of the market after night jump during the Asian session of the trades. The market updated the current levels of support and resistance having overcome level of 1.0500 and reached testing 1.0650. Now the flowing support is located around 1.0448 and resistance level at 1.0544. On the four-hour chart the MACD indicator of a discrepancy of moving averages is left in a positive zone and continues to grow giving a signal on purchase. Stochastic is in a neutral zone and creates a signal for sale, thus correction with kickback to the current level of support and an area of an arrangement of moving averages 20 and 55 is quite possible. The entrance to the market with long positions is most probable and higher than 1.0500 with the purposes of fixing the profit to the corner of 1.0550-70 with short positions lower than 1.0450 with the purposes 1.0430-10.
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Forex News from New Forex: Technical analysis of GBP/USD
The strengthening of dollar against sterling which begun on December 14 fades away. On Thursday, weak statistical data on the US made the contribution to dynamics of the trades on this currency pair and now, on Friday, the sterling is traded within the current level of support at 1.2257 and resistance at 1.2291. In the long term the general trend remains descending. The market stays lower moving average with the period of 55 with support level of moving average with the period of 20. In the short term, the MACD histogram still remains in a negative zone but decreases and gives a signal on purchase of sterling. The Stochastic oscillator stays in a neutral zone and created an identical signal, the %K line is higher than the %D line.
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Forex News from New Forex: Technical analysis of USD/JPY
On Friday, the pair is traded with a small bullish spirit in the short term and within support at 116.35 and resistance at 116.79 with attempts of testing of the last one. On the hour chart the rate was clamped between moving averages with the period of 20 and 55. The general long-term trend is clearly not determined so far but on the day chart it is possible to notice. Levels of Japanese purchase of the national currency approach to the price of 116.20 that can be determined as a platform for a rebound above. The level to sales can be the mark of 116.80 if the Central Bank of Japan doesn’t take the stimulating measures for depreciation of national currency. The technical analysis on the four-hour chart speaks well for growth of currency pair and further strengthening of the greenback against the Japanese yen. The MACD histogram indicates fortification of buyers strength and created the corresponding signal. The Stochastic oscillator develops with the %K line above the %D line that demonstrates strengthening of a consumer capability of bulls in the short term.
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Forex News from New Forex: Technical analysis of USD/CHF
On Friday, at the beginning of the Asian trade session the greenback seriously weakened in relation to Swiss franc but since then it only partially recovered the line items and now the pair is traded within the current levels of support at 1.0172 and resistance at 1.0238. On the four-hour chart contradictory indications of indicators of the technical analysis are observed. The MACD histogram appeared in a negative zone and the signal for sale was also created. The Stochastic oscillator progresses in a neutral zone having created the signal on purchase which can be false. However, if to look at the day price chart the turn of the current trend for benefit of sellers is observed. Thus, correction in the current ascending market movement is possible. Therefore we don’t consider an entrance to the market with long or short positions until the price is return and won’t fixed above the critical Senkou Span line and Ichimoku cloud when force of warring parties becomes clearer while current level of support 1.0172 won’t be overcomed.
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#97
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Monday the couple is traded with a small bearish spirit of the market participants remaining within support levels at 1.0481 and resistance at 1.0579. The MACD histogram is in a positive zone and goes down having created a signal for sale of single European currency. The Stochastics oscillator is in an oversold zone and also creates a signal for sale, as the %К line is located below the %D line.
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Forex News from New Forex: Technical analysis of GBP/USD
On Monday the currency pair is traded with an overwhelming bearish spirit of market participants. Quotations were fixed much below than moving averages with the period of 20 and 55. The MACD histogram fall below the central line and entered a negative zone giving a signal for sale of sterling. The Stochastics oscillator entered an oversold zone and created a signal for sale, the %К line is below the %D line.
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Forex News from New Forex: Technical analysis of USD/JPY
On Monday the trade on this currency pair proceeds with a small increase and the price remains within the closest levels of support at 116.04 and resistance at 118.17. The market remains above the Ichimoku cloud thus the signal for sale is still weak. The MACD histogram appeared to the positive area above the central line but its growth was slowed down. The Stochastics oscillator is located in an overbought and created a signal for sale.
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Forex News from New Forex: Technical analysis of USD/CHF
At the trades on Monday, the pair remains within the current levels of support at 1.0133 and resistance at 1.0225. In the short term the mood of markets participants is moderately bullish, the MACD histogram remains in a negative zone and gives a signal on purchase. The Stochastics oscillator is in an overbought zone and also formed an identical signal, the %К line is higher than the %D line.
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#98
Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Tuesday the trades proceed with a strong benefit of bulls. The market tests resistance is about a mark of 1.0608. It is necessary to notice that in the corner of 1.0525 there was formed a stable and strong support. The technical analysis on the four-hour chart confirms an overwhelming benefit of bulls. The MACD histogram is located in the positive angle, above the alarm line and grows creating a strong signal on purchase of euro. The Stochastic oscillator is in an overbought zone and gives a signal on purchase as the %К line is higher than the %:D line. Therefore, in the short term we can expect continuation of this market growth with the potential purposes for bullish strategy in the area 1.0625.75.
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Forex News from New Forex: Technical analysis of GBP/USD
At the trades on Tuesday there is a considerable consolidation of the price in the area of 1.2110 — 1.2167. The mood of participants of the market has obviously bearish potential. On the four-hour chart the Stochastic oscillator gives a strong signal for sale of sterling as the %К line crosses the %D line top down.
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Forex News from New Forex: Technical analysis of USD/JPY
The trades on Tuesday differ in bearish potential among participants of the market. The rate resumed movement down and the market was fixed below the Ichimoku cloud. Thus the purpose for the descending movement is the first level of support at 115.35 which was tested more than once. The level of 116.98 acts as resistance. If the price is fixed above the Kijun-Sen line (116.83) the descending movement will be cancelled and the closest level of resistance will become the purpose. The MACD histogram is directed down giving a signal for sale. The Stochastics oscillator is in an oversold zone at the stage of signal forming.
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Forex News from New Forex: Technical analysis of USD/CHF
On Tuesday the pair resumed its descending movement having jumped aside from Ichimoku cloud. The purpose for the descending movement acts the closest level of support at 1.0022. Relevance of the participants of the market bearish spirit should be considered until the price is below the Kijun-Sen line (1.0188). The MACD histogram is located in a negative zone and gives a signal for sale. The Stochastics oscillator of is close to an oversold zone and created a signal for sale, the %К line is lower than the %D line.
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#99
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Forex News from New Forex: Technical analysis of EUR/USD
On Wednesday the trades on this currency pair proceed in different directions. After the end of trades in Asia there are bearish moods of its participants which dominate in the market. It is necessary to undermine that following is the results of Tuesday trading session in the corner of 1.0615/25 with strong level of resistance. The current rate is clamped between moving averages with the periods of 20 and 55. On the four-hour chart the MACD histogram is located in a positive zone but below the alarm line continuing to decrease that indicates formation of a signal for sale of single European currency. The Stochastic oscillator of Stochastics is in a zone of an oversold and creates a similar signal.
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Forex News from New Forex: Technical analysis of GBP/USD
On Wednesday the trades on this currency pair proceed with small increase but the price remains within the closest levels of support at 1.2141 and resistance at 1.2281. The chart is located much below than moving averages with the period of 20 and 55 which are directed down and decrease. On the four-hour chart the MACD histogram is in a negative zone creating a signal for sale of the British pound. The Stochastic oscillator is located in the central area and also creates a similar signal, the %К line crosses the %D line top down.
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Forex News from New Forex: Technical analysis of USD/JPY
At the trades on Wednesday it is observed correction of the price and this market is consolidated in the field of support at 115.21 and resistance at 116.56. On the four-hour chart the MACD histogram still remains in a negative zone and creates greenbacks signal on a purchase. The Stochastic oscillator reached border of an overbought zone and gives a similar signal, the %К line is higher than the %D line.
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Forex News from New Forex: Technical analysis of USD/CHF
On Wednesday this currency pair is traded in different directions remaining within support levels at 1.0165 and resistance at 1.0285. The current rate is clamped between moving averages with the period of 20 and 55 which slowly grows and approaches. On the four-hour chart the MACD histogram is in a negative zone and directed up creating a signal on purchase of Swiss franc. The Stochastic oscillator approached an overbought zone of and creates a similar signal while the %К line is higher the %D line.
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NewForex Analyst
Joseph Schwartz

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#100
Anna Mon

Anna Mon

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Forex News from New Forex: Technical analysis of EUR/USD
On Thursday the pair continues its attempts to overcome the corner of 1.0625-55 which contains the further growth of a rate for the last two weeks. The trades proceed within levels of support at 1.0593 and resistance at 1.0653. The MACD histogram is in a positive zone and above the alarm line, the confirmed signal is on a purchase. Moving averages with the period of 20 and 55 went straight up. The Stochastic oscillator is in an overbought zone but grows and creates a similar signal, the %К line is higher than the %D line.
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Forex News from New Forex: Technical analysis of GBP/USD
On Thursday the pair is traded with a small advance in price and serious bullish potential continuing its growth which began on Tuesday. The levels of support and resistance are the relative marks of 1.2243 and 1.2334. For today we can observe on the four-hour chart moving averages which developed straight up, the MACD histogram is in a negative zone but above the alarm line and gives a signal on purchase. The Stochastics oscillator is in a neutral zone and also created a similar signal with the %К line higher the %D line.
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Forex News from New Forex: Technical analysis of USD/JPY
On Thursday the trades on this currency pair proceed with reduction in price and obvious bearish potential within the closest levels of support at 113.66 and resistance at 115.27. The technical picture on the chart schedule differs in benefit of bears. The MACD histogram is in a negative zone and below the alarm line gives a signal for sale. The Stochastics oscillator in an oversold zone also gives a similar signal the %К line is lower than the %D line.
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Forex News from New Forex: Technical analysis of USD/CHF
On Thursday the pair is traded with reduction in price and a bearish spirit of participants of the market. The rate remains within the closest levels of support at 1.0080 and resistance at 1.0191. The technical picture on the four-hour chart is obviously bearish and the market continues to test the current level of support. The MACD histogram is in a negative zone giving a signal for sale, the Stochastics oscillator creates a similar signal and is in an oversold zone.
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NewForex Analyst
Sara Rosenstein

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