NewForex — The technical analysis of Forex Market

[SuksesBrok3r]

Allow me to present to the distinguished community the technical analysis of Forex Market by NewForex company. In this thread I will post daily technical analytics.</div></div></div>

[AnnaMon]

Forex News from NewForex: Technical analysis of EUR/USD

In the trading on Friday, July 22, the pair EUR/USD shows upbeat dynamics. Yesterday the ECB decided to keep the interest rate unchanged, the bank governor Mario Draghi did not mention any short-term plans of the bank in his speech.

As a result the pair was under pressure and the price declined up to 1,0978. However, later the pair rose and today on a 30-minute chart EUR/USD trades within the support at 1.1015 and resistance at 1.1035. NewForex analysts assume that the market will keep rising today.

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NewForex Analyst

Michael Butnitsky

[AnnaMon]

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

In the trading on Monday, July 25, the pair EUR/USD trades within the level of support at 1.0986 and resistance at 1.0950. The price went down on Friday after the news and on Monday morning it keeps declining to 1.0950 (a low of June). Now as we see on a 5-minute chart the market tries to climb.

The MACD-histogram and the oscillator Stochastic form contradictory signals. We consider that a race for the price will continue in the market today. Moreover, today was the release of IFO — Business Climate in Germany which might influence on the further pair dynamics. As this indicator decreased less than expected and stands at 108,3, a considerable price change might be expected.

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NewForex Analyst

Luigi Campo

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

In the trading on Monday, July 25, the pair GBP/USD trades in a side channel. As we remember all last week a bearish sentiment prevailed in the market. Downbeat data on PMI in the UK exerted strong pressure on the pound sterling.

As a result today on a 5-minute chart the pair GBP/USD trades within the support at 1.3075 and resistance at 1.3300. Indicators show contradictory signals. However, NewForex analysts consider that pressure on GBP might increase.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, July 26, the price movement of the pair GBP/USD remains in the side channel. As we see on a 5-minute chart the pair trades within the support at 1.3055 and resistance at 1.3145.

Yesterday news didn’t have any influence on the pound sterling, as a result trades were without any significant changes and closed in flat. Relying on signals of technical indicators we might assume that today we will observe a further downward trend of the pair with attempts to meet the target at 1.3200.

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NewForex Analyst

Michael Butnitsky


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

In the trading on Tuesday, July 26, the pair EUR/USD shows positive dynamics. As we see on a 15-minute chart the market has an uptrend. The pair trades within the level of support at 1.0975 and the level of resistance at 1.1025.

Yesterday the euro advanced against the US dollar amid upbeat data from Germany, the trades closed with gains for the single currency. The index of business climate in Germany declined not so seriously as expected.

Currently judging by indicators the pair EUR/USD moves upwards. However, a two-day policy meeting of the Federal Reserve System the results of which will be announced tomorrow might have a considerable influence on the pair.

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NewForex Analyst

Michael Butnitsky

[AnnaMon]

Forex News from NewForex: Technical analysis of EUR/USD

In the trading on Wednesday, July 27, the pair EUR/USD trades in a side ascending channel within the level of support at 1.0978 and the level of resistance at 1.1003. As we see on a 5-minute chart, the single currency tries to advance against the US dollar. Yesterday the euro eased amid the release of upbeat data from the US.

Today the market movement will depend on the results of a 2-day Fed policy meeting and the decision over the interest rate. NewForex analysts consider that up to this moment the pair will keep gaining.

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NewForex Analyst

David Fineberg

Forex News from NewForex: Technical analysis of GBP/USD

In the trading on Wednesday, July 27, the pair GBP/USD trades within a narrow range. On a 5-minute chart the instrument GBP/USD stands within the support at 1.3104 and resistance at 1.3163.

NewForex analytsts point out that the pound sterling is highly unsteady amid recent data. Market participants are concerned about the possible cutdown of the interest rate by the Bank of England at the beginning of August. Meanwhile, the US dollar gains ground amid positive economic data from the US. This situation can be used to open short trades. However, it’s better to wait for the Fed’s decision which will definitely influence on the US currency.

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NewForex Analyst

David Fineberg

[AnnaMon]

Forex News from NewForex: Technical analysis of GBP/USD

In the trading on Thursday, July 28, the pair GBP/USD jumped to 1.3253. As we see on a 15-minute chart the pair GBP/USD trades within the level of support at 1.3160 and resistance at 1.3250. Yesterday evening GBPUSD moved upwards after a long-term trading in a side channel. It happened due to easing of the greenback after the Fed did not announce its plans over the interest rate for September.

Currently indicator signals say about the further development of the ascending trend. Although taking into account the fact the pound sterling lost ground amid recent economic news, we might expect some correction and a downward trend of the pair.

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NewForex Analyst

Luigi Campo


Forex News from NewForex: Technical analysis of EUR/USD

In the trading on Thursday, July 28, the pair EUR/USD demonstrates active upwards dynamics. As we see on a 15-minute chart the pair trades within the support at 1.1050 and resistance at 1.1111. Yesterday evening the price of the pair started to rise amid the news from the Fed. As a result the US dollar tumbled because the Fed did not say anything about the possible interest rate hike in September.

NewForex analysts consider that in the short time we might observe a further ascending trend of the pair.

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NewForex Analyst

Luigi Campo

[AnnaMon]

Forex News from NewForex: Technical analysis of EUR/USD

In the trading on Friday, July 29, the pair EUR/USD trades in the ascending channel. On a 15-minute chart we see that the pair stands within the level of support at 1.1070 and resistance at 1.1103. Yesterday the single currency gained against the US dollar but did not manage to breach a strong resistance level and the euro started a day with the decline.

The MACD-histogram is seen above its signal line and keeps rising sending signals to buy. The oscillator Stochastic forms a similar signal. However, today market participants are in the expectation of GDP data from the USA which is likely to be upbeat. This fact might change placement of forces in the pair EUR/USD.

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NewForex Analyst

Luigi Campo

Forex News from NewForex: Technical analysis of USD/JPY

In the trading on Friday, July 29, the pair USD/JPY showed a considerable decline after the decision of the Bank of Japan to keep its policy unchanged. The yen gains ground against the US dollar. On a 15-minute chart the pair trades within the support level at 102.65 and resistance at 05.70.

NewForex analysts advise not to rely on indicator signals today as they don’t confirm each other. It’s recommended to wait for important information from the US over the GDP rate, it might change the pair sentiment.

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NewForex Analyst

Luigi Campo

[AnnaMon]

Forex News from NewForex: Technical analysis AUD/USD

At the trading on Tuesday, August 23, the AUD/USD shows increase.
Today it trades within the resistance at 0.7647. When the pair hits this level, it is appropriate to buy at 0.7656. The reasonable target price is at the resistance level of 0.7709. It is preferable to limit the loss at the support level 0.7635.

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NewForex Analyst
Joseph Schwartz

Forex News from NewForex: Technical analysis of GBP/USD
Today GBP/USD shows growth. Now the pair has reached the resistance level at 1.3165. When hitting this level, it is appropriate to buy from the level of 1.3197. The reasonable target price is at the resistance level of 1.3312. Loss should be restricted at the support level 1.3152.

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NewForex Analyst
David Fineberg

[AnnaMon]

Forex News from NewForex: Technical analysis of GBP/JPY

GBP/JPY shows growth this week, moving along the support line. Taking this fact, we can assume that this movement will continue. On this basis, the analysts of NewForex company suggest to buy from 132.95. The level of a target price is 136.35. It is preferable to limit the loss at 131.80.

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: Technical analysis of GBP/JPY

GBP/JPY continues to move along the ascending channel. The channel boundaries are often tested. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, the analyst of NewForex recommend to buy at 132.96. It is reasonable to take profit at 134.51. The appropriate level of stop loss is at 132.48.

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NewForex Analyst

Michael Butnitsky

Forex News from NewForex: Technical analysis of USD/CHF

USD/CHF continues to move along the descending channel. Yesterday the price breached the support level and edged up. On this basis, the analysts of NewForex suggest to buy from the level of 0,9663. The target price is at 0,9860. And the stop loss level is at 0,9585.

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: Technical analysis of gold price

This trading week, gold left the previously formed "triangle" with the downtrend. This gives us the right to believe that the movement will continue. In this regard, Newforex analysts suggest to sell from 1306.72. The reasonable target price is at 1219.70. The level of stop loss is at 1338.91.

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NewForex Analyst
Joseph Schwartz

Forex News from NewForex: technical analysis of AUD/USD

The AUD/USD is approaching to the resistance level at 0.7639. When the price breaches this level, it will be appropriate to buy at 0.7647. The target price is at 0.7700. The level of stop loss is at 0.7628.

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: technical analysis AUD/USD

AUD/USD continues the decline. The next resistance is significantly lower than the present price level. In this regard, NewForex analysts suggest to sell from the level of 0,7564. The target price level stands at 0,7488. The level of stop loss is seen at 0,7587.

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NewForex Analyst

Joseph Schwartz

Forex News from NewForex: technical analysis of EUR/USD

EUR/USD continues the decline. The next resistance is significantly lower than the present price level. In this regard, NewForex analysts suggest to sell from the level of 1,1154. The target price level stands at 1,079. The level of stop loss is seen at 1,1201.

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NewForex Analyst

David Fineberg

Forex News from NewForex: Technical analysis of USD/CAD

USD/CAD is approaching to the resistance level at 1,3030. When the price breaches this level, it will be appropriate to buy at 0.1,3055 The target price is at 1,3144. The level of stop loss is at 1.2987

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: Technical analysis of EUR/USD

During last week we observed a decrease in quotations of the pair EUR/USD. There are reasons to suppose that the decline will continue. Using this fact, NewForex analysts suggest to sell from the level of 1.1150. The target price level stands at 1.1070. The level of stop loss is seen at 1.1179.

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NewForex Analyst

Luigi Campo

Forex News from NewForex: Technical analysis of USD/RUB

Amid falling of oil prices, the ruble weakened against the dollar. Using this fact, NewForex analysts suggest to buy from the level of 65.2000. The target price level stands at 66.6430. The level of stop loss is seen at 64.4458.

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NewForex Analyst

Joseph Schwartz

Forex News from NewForex: Technical analysis of EUR/GBP

After a long-term increase, price of the pair EUR/GBP started to fall. Using this fact, NewForex analysts suggest to sell from the level of 0.8474. The target price level stands at 0.8324. The level of stop loss is seen at 0.8547.

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NewForex Analyst

Michael Butnitsky

[AnnaMon]

Forex News from NewForex: Technical analysis of USD/JPY

USD/JPY continues moving along the channel. The channel boundaries are often tested. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, NewForex analysts recommend to sell at 102.88. It is reasonable to take profit at 100.57. The appropriate level of stop loss stands at 103,90.

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NewForex Analyst

David Fineberg

Forex News from NewForex: Technical analysis of USD/CHF

USD/CHF moving through the channel. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, the analyst of NewForex recommend to sell at 0,9800. It is reasonable to take profit at 0,9574. The appropriate level of stop loss is at 0,9905.

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NewForex Analyst

Joseph Schwartz

Forex News from NewForex: Technical analysis of GBP/JPY

GBP/JPY continues to move along the ascending channel. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, NewForex analysts recommend to buy at 136.10. It is reasonable to take profit at 137.31. The appropriate level of stop loss is at 135.10.

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: Technical analysis of USD/CAD

USD/CAD continues moving along the channel. The channel boundaries are often tested. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, NewForex analysts recommend to sell at 1.3060. It is reasonable to take profit at 1.2880. The appropriate level of stop loss stands at 1.3150.

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NewForex Analyst

Joseph Schwartz

Forex News from NewForex: Technical analysis of USD/JPY

USD/JPY formed a «triangle» in the medium term. We can assume that in the near future it will continue moving in this range. Taking this fact, the analysts of NewForex recommend to sell at 102.32. It is reasonable to take profit at 100.15. The appropriate level of stop loss is seen at 104.05.

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NewForex Analyst

Aaron Kaufmann

Forex News from NewForex: Technical analysis of EUR/USD

EUR/USD reached the resistance level. The next resistance is significantly above than the present price level. In this regard, NewForex analysts suggest to buy from the level of 1.1215. The target price level stands at 1.1275. The level of stop loss is seen at 1.1186.

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NewForex Analyst

Michael Butnitsky

[AnnaMon]

Forex News from NewForex: Technical analysis of USDCHF

USD/CHF continues moving along the channel. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, the analyst of NewForex recommend to sell at 0.9760. It is reasonable to take profit at 0.9575. The appropriate level of stop loss stands at 0.9890.

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NewForex Analyst

David Fineberg

Forex News from NewForex: Technical analysis of USD/JPY

USD/JPY formed a «triangle» in the medium term. We can assume that in the near future it will continue moving in this range. Taking this fact, the analysts of NewForex recommend to sell at 102.32. It is reasonable to take profit at 100.15. The appropriate level of stop loss is seen at 104.05.

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NewForex Analyst

Joseph Schwartz


Forex News from NewForex: Technical analysis of GBP/JPY

GBP/JPY continues moving along the channel. The channel boundaries are often tested. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, NewForex analysts recommend to sell at 137.84. It is reasonable to take profit at 137.04 The appropriate level of stop loss stands at 138.40.

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NewForex Analyst

Aaron Kaufmann

[AnnaMon]

Forex News from NewForex: Technical analysis of XAU/USD

Over the past week gold showed significant growth, and currently tests level 1325, the resistance level stands as the beginning of the quotations tumble. However, one can not expect a complete decline as the local minimum area haven’t been breached yet. Thus, the forecast of gold prices for today implies an attempt of testing the level 1310, where the beginning of the gold prices increase above the level 1340 should be expected. The breaching of area below the level 1301 will become the cancellation of the scenario of XAU/USD quotations growth.

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NewForex Analyst

Michael Butnitsky


Forex News from NewForex: Technical analysis of USD/JPY

USD/JPY formed a «triangle» in the medium term. We can assume that in the near future it will continue moving in this range. Taking this fact, the analysts of NewForex recommend to sell at 102.73. It is reasonable to take profit at 100.85. The appropriate level of stop loss is seen at 104.30.

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NewForex Analyst

Sara Rosenstein


Forex News from NewForex: Technical analysis of GBP/USD

GBP/USD continues moving along the channel. This gives us the right to believe that the price will move within these boundaries for some time. Taking this fact, the analyst of NewForex recommend to buy at 1.3335. It is reasonable to take profit at 1.3417. The appropriate level of stop loss stands at 1.3306.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, September 13, the pair USD/JPY tests different directions. As we see on today’s 15-minute chart it trades within the support at 101.40 and resistance at 102.05.

Yesterday, the US dollar was under significant pressure after statements by the leadership of the Federal reserve system. However, at the moment the american currency is stable against the yen.

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NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, September 13, the pair GPB/JPY shows downward movement. As we see on today’s 15-minute chart it trades within the support at 135.15 and resistance at 136.10.

The yen continues to strengthen after the recent decisions by the Bank of Japan. And the pound still feels the pressure because of a British exit from the EU.

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NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, September 13, the pair EUR/USD trades in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 1.1225 and resistance at 1.1242.

Tonight the publication of Federal Budget Balance is expected. These data can have a significant impact on the US dollar.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, September 14, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 102.85 and resistance at 103.35.

On Tuesday the US dollar rose against the major currencies and recovered against the yen. The American currency is growing based on expectations of a US rate hike. Indicators confirm each other. NewForex analysts recommend to buy the pair with the target 104.35.

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NewForex Analyst

Luigi Campo

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

In the trading on Wednesday, September 14, the pair GPB/JPY trades in broad channel. As we see on today’s 15-minute chart it trades within the support at 135.15 and resistance at 136.10.

Today we see the instability of this currency pair. This is because the yen fell today after the report that the Bank of Japan considers the possibility of further measures of monetary policy easing.

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NewForex Analyst

Luigi Campo


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

In the trading on Wednesday, September 14, the pair EUR/USD continues to trade in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 1.1210 and resistance at 1.1244.

Expectations of increase in the price of the Euro was not confirmed. The pair continues to trade in side trend. NewForex analysts recommend to refrain from trading on this pair.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, September 15, the pair EUR/USD trades in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 1.1240 and resistance at 1.1250.

Today we expect the publication of several important reports about the size of the base index and volume of retail sales in the United States. And in the evening German Bundesbank President Jens Weidmann is to speak. These events can influence the further movement of the pair.

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NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 15, the pair GPB/USD is moving in broad channel. As we see on today’s 15-minute chart it trades within the support at 1.3240 and resistance at 1.3277.

Today important statistics are expected. These are the statistics from Britain on the volume of retail sales, information about the interest rate and publication of Bank of England monetary policy committee meeting minutes. We think this data will affect the pair. Good news will form a bullish direction for the GBP and negative news will create a bearish market for GBP.

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NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 15, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 101.93 and resistance at 102.64.

On Wednesday, the yen weakened against the dollar after the statements of the Bank of Japan. However, it regained its position later. At the same time, the dollar held steady against major currencies due to the uncertainty of when the Fed will raise rates.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Friday, September 16, the pair EUR/USD begins noticeable downward movement. The European currency fell against the US dollar. As we see on today’s 15-minute chart it trades within the support at 1.1237 and resistance at 1.1250. NewForex analysts expect this pair will continue to move downward. In the second half of the day important statistics about the size of the base consumer price index in the United States are expected. These data will affect the pair’s movement. Good news will form a bullish direction for the USD and negative news will create a bearish market for USD.

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NewForex Analyst

Luigi Campo

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

In the trading on Friday, September 16, the pair AUD/USD is moving in broad channel. The Australian dollar fell against the US dollar. As we see on today’s 15-minute chart it trades within the support at 0.7495 and resistance at 0.7528. Yesterday came out negative data for AUD. However, the pair is not strongly dropped and stopped its movement near the key levels.

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NewForex Analyst

Luigi Campo


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

In the trading on Friday, September 16, the pair EUR/GBP trades in a narrow channel. The Euro rose against the British pound. As we see on today’s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505. The pound is still under pressure after news from the UK. Today publication of important news is not expected.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Monday, September 19, the pair USD/CHF trades in a narrow channel.USD/CHF is stable. As we see on today’s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505.

Technical indicators give a single buy signal.

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NewForex Analyst

Luigi Campo

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

In the trading on Monday, September 19, the pair USD/JPY is moving in broad channel. As we see on today’s 15-minute chart it trades within the support at 101.66 and resistance at 102.15.

Currency pair USD/JPY fell. It happened as the dollar strengthened after data on Friday that consumer prices rose in August by 0.2% .

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NewForex Analyst

Luigi Campo


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

In the trading on Monday, September 19, the pair EUR/USD begins noticeable downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1150 and resistance at 1.1175.

US dollar drops against the major currencies. This happens on the background of expectations of the fed’s important report .

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, September 22, the pair EUR/USD continues upward movement. As we see on today’s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1230.

During today's trading the US dollar falls against the Euro after the decision of the Federal reserve system to keep the interest rate to 0.50%.

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NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 22, the pair GBP/USD is moving in upward channel. As we see on today’s 15-minute chart it trades within the support at 1.3025 and resistance at 1.3085.

The pair began to rise after yesterday’s release of statistics from the UK. The data showed that the economy was not weakened after the UK decision to leave the EU.

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NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 22, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.05 and resistance at 100.50.

Data about the American economy and disappointing decision of the Bank of Japan forms the movement of the pair USD/JPY to mark 100.

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NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Friday, September 23, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.75 and resistance at 101.15.

The pair is still influenced by the decision of the Bank of Japan. Although it is beginning to show a small increase. As we think, the pair will continue to remain in a sideways range. However, the price can go up on positive US data.

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NewForex Analyst

Luigi Campo

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

In the trading on Friday, September 23, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2985 and resistance at 1.3087.

Yesterday after statements by the representatives of the Bank of England was a notable rise of GBP. On Friday, representatives of the US Federal reserve will make a statement. It can also affect a currency pair.

http://f1.s.qip.ru/E2nOne4W.png

NewForex Analyst

Luigi Campo


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

In the trading on Friday, September 23, the pair EUR/USD is moving in the sideways channel. Dollar falls against Euro. As we see on today’s 15-minute chart it trades within the support at 1.1193 and resistance at 1.1220.

The Euro held steady against the US currency after the release of mixed PMI of Eurozone. The main influence on the pair still has the fed decision.

http://f1.s.qip.ru/E2nOne4X.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Monday, September 26, the pair USD/JPY is trading in the sideways channel. The U.S. dollar rose against the Japanese yen. As we see on today’s 15-minute chart it trades within the support at 100.65 and resistance at 101.10.

In the US there will be presidential elections soon. Therefore, the results of the televised debate of candidates in presidents of America will have an impact on the price of the pair. The debate will start tonight.

http://f1.s.qip.ru/E2nOne5J.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, September 26, the pair GBP/USD is moving in the sideways channel. The US dollar fell against the British pound. As we see on today’s 15-minute chart it trades within the support at 1.2925 and resistance at 1.2985.

An important report from the U.S. may affect the price of this pair. Today statistics of U.S. New Home Sales will be published.

http://f6.s.qip.ru/E2nOne5K.png

NewForex Analyst

Luigi Campo


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

In the trading on Monday, September 26, the pair EUR/USD is moving in the sideways channel. The dollar fell against the Euro. As we see on today’s 15-minute chart it trades within the support at 1.1215 and resistance at 1.1235.

Today we expect two important events that may affect the price of the pair. This is a report on the Germany IFO Business Climate Index and the speech of European Central Bank president Draghi.

http://f6.s.qip.ru/E2nOne5L.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, September 27, the pair USD/JPY is trading in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.05 and resistance at 101.00.

The published minutes of the Bank of Japan also weakened the pair. Because they are not made clear.

http://f6.s.qip.ru/E2nOne7Q.png

NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, September 27, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2905 and resistance at 1.3000.

NewForex analysts expect the pound will increase and the price of the pair will rise to 1.3100.

http://f5.s.qip.ru/E2nOne7R.png

NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, September 27, the pair EUR/USD continues the downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1213 and resistance at 1.1260.

US dollar stable against major currencies. Market sentiment has improved because of good results of the TV debate of candidates in US presidents.

http://f1.s.qip.ru/E2nOne7S.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, September 28, the pair EUR/USD shows a downward movement. Yesterday the Euro dropped against the US dollar. As we see on today’s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1215.

Today it is expected many important reports from the United States and the President of the European Central Bank Draghi. These events can change the situation on the pair.

http://f4.s.qip.ru/E2nOne8d.png

NewForex Analyst

Luigi Campo


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

In the trading on Wednesday, September 28, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2980 and resistance at 1.3030.

Yesterday the pound broke through the level of 1.3000. Today we see a correction to this level. Therefore NewForex analysts see a buying opportunity.

http://f1.s.qip.ru/E2nOne8e.png

NewForex Analyst

Luigi Campo


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

In the trading on Wednesday, September 28, the pair USD/JPY is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 100.50 and resistance at 100.80.

Today important data from the USA of core durable goods orders and crude oil inventories can affect the price of the pair. Today’s U.S. Fed chair Yellen testifies will influence the mood of the pair.

http://f4.s.qip.ru/E2nOne8f.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, September 29, the pair USD/JPY went up. As we see on today’s 30-minute chart it trades within the support at 101.35 and resistance at 101.60.

The pair returned to it position. As we can see it grew up from the 100.00 mark. The American dollar saved its positions against the yen after Janet Yellen’s speech.

http://f1.s.qip.ru/E2nOne8N.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 29, the pair GBP/USD is moving in the sideways channel. As we see on today’s 5-minute chart it trades within the support at 1.2980 and resistance at 1.3005.

On Thursday the pound declined against the US dollar. US currency received support from yesterday’s speech of Janet Yellen.

http://f3.s.qip.ru/E2nOne8O.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, September 29, the pair EUR/USD shows a sideways movement. As we see on today’s 5-minute chart it trades within the support at 1.1210 and resistance at 1.1229.

The Euro fell after yesterday’s speech of the head of the fed Janet Yelan. She said about a possible increase in interest rates before the end of 2016.

http://f5.s.qip.ru/E2nOne8P.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading Friday, September 30, the pair USD/JPY is moving in the sideways channel. . As we see on today’s 30-minute chart it trades within the support at 101.35 and resistance at 101.60.

http://f1.s.qip.ru/E2nOne9e.png

NewForex Analyst

Luigi Campo

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

In the trading Friday, September 30, the pair GBP/USD is moving in the sideways channel. As we see on today’s 15-minute chart it trades within the support at 1.2930 and resistance at 1.2990.

http://f1.s.qip.ru/E2nOne9f.png

NewForex Analyst

Luigi Campo

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

In the trading on Friday, September 30, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1160 and resistance at 1.1230.

http://f1.s.qip.ru/E2nOne9g.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Monday, October 3, the pair USD/JPY is moving in the sideways channel.As we see on today’s 15-minute chart it trades within the support at 101.25 and resistance at 101.50.

http://f3.s.qip.ru/E2nOnebj.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 3, the pair GBP/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.2845 and resistance at 1.2945.

http://f3.s.qip.ru/E2nOnebk.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 3, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1220 and resistance at 1.1240.

http://f5.s.qip.ru/E2nOnebl.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, October 4, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 101.45 and resistance at 102.45.

http://f5.s.qip.ru/E2nOnebE.png

NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, October 4, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2730 and resistance at 1.2860.

http://f2.s.qip.ru/E2nOnebF.png

NewForex Analyst

Luigi Campo


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

In the trading on Tuesday, October 4, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1150 and resistance at 1.1215.

http://f2.s.qip.ru/E2nOnebG.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, October 5, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1205 and resistance at 1.1235.

http://f1.s.qip.ru/E2nOnece.png

NewForex Analyst
Luigi Campo


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

In the trading on Wednesday, October 5, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2675 and resistance at 1.2740.

http://f6.s.qip.ru/E2nOnecf.png

NewForex Analyst

Luigi Campo

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

In the trading on Wednesday, October 5, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 102.65 and resistance at 103.15.

http://f2.s.qip.ru/E2nOnecg.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, October 6, the pair USD/JPY shows an upward movement. As we see on today’s 15-minute chart it trades within the support at 103.30 and resistance at 103.70.

http://f1.s.qip.ru/E2nOnecT.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, October 6, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2697 and resistance at 1.2765.

http://f5.s.qip.ru/E2nOnecU.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, October 6, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1175 and resistance at 1.1215.

http://f1.s.qip.ru/E2nOnecV.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Friday, October 7, the pair EUR/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1120 and resistance at 1.1155.

http://f2.s.qip.ru/E2nOnedm.png

NewForex Analyst

Luigi Campo

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

In the trading on Friday, October 7, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.1930 and resistance at 1.2610.

http://f5.s.qip.ru/E2nOnedn.png

NewForex Analyst

Luigi Campo


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

In the trading on Friday, October 7, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.50 and resistance at 104.05.

http://f4.s.qip.ru/E2nOnedo.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Monday, October 10, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 102.85 and resistance at 103.45.

http://f2.s.qip.ru/E2nOneem.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 10, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2378 and resistance at 1.2450.

http://f3.s.qip.ru/E2nOneen.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 10, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1155 and resistance at 1.1200.

http://f6.s.qip.ru/E2nOneeo.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, October 11, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.50 and resistance at 104.10.

http://f5.s.qip.ru/E2nOneeQ.png

NewForex Analyst

Luigi Campo


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

In the trading on Tuesday, October 11, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2250 and resistance at 1.2345.

http://f1.s.qip.ru/E2nOneeR.png

NewForex Analyst

Luigi Campo


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

In the trading on Tuesday, October 11, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1065 and resistance at 1.1140.

http://f1.s.qip.ru/E2nOneeS.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, October 12, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.23 and resistance at 103.70.

http://f6.s.qip.ru/E2nOnefp.png

NewForex Analyst

Luigi Campo


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

In the trading on Wednesday, October 12, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2145 and resistance at 1.2345.

http://f3.s.qip.ru/E2nOnefq.png

NewForex Analyst

Luigi Campo

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

In the trading on Wednesday, October 12, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1005 and resistance at 1.1065.

http://f6.s.qip.ru/E2nOnefr.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Friday, October 14, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.0995 and resistance at 1.1035.

http://f4.s.qip.ru/E2nOnefU.png

NewForex Analyst

Luigi Campo


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

In the trading on Friday, October 14, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2150 and resistance at 1.2260.

http://f3.s.qip.ru/E2nOnefT.png

NewForex Analyst

Luigi Campo


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

In the trading on Friday, October 14, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.90 and resistance at 104.30.

http://f4.s.qip.ru/E2nOnefS.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Monday, October 17, the pair USD/JPY traded in a narrow channel. As we see on today’s 15-minute chart it trades within the support at 103.90 and resistance at 104.30.

http://f4.s.qip.ru/E2nOnem0.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 17, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2150 and resistance at 1.2260.

http://f5.s.qip.ru/E2nOnelZ.png

NewForex Analyst

Luigi Campo


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

In the trading on Monday, October 17, the pair EUR/USD shows a downward movement. As we see on today’s 15-minute chart it trades within the support at 1.0995 and resistance at 1.1035.

http://f6.s.qip.ru/E2nOnelY.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, October 27, the pair EUR/USD shows upward movement. As we see on today’s 15-minute chart it trades within the support at 1.0890 and resistance at 1.0930.
http://f1.s.qip.ru/E2nOneou.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, October 27, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2195 and resistance at 1.2275.
http://f3.s.qip.ru/E2nOneov.png

NewForex Analyst

Luigi Campo

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

In the trading on Thursday, October 27, the pair USD/JPY shows movement in different directions. As we see on today’s 15-minute chart it trades within the support at 104.30 and resistance at 104.80.

http://f2.s.qip.ru/E2nOneox.png

NewForex Analyst

Luigi Campo

[AnnaMon]

Forex News from New Forex: Technical analysis of EUR/USD
In the trading on Friday, October 28, the pair EUR/USD shows upward movement. As we see on today’s 15-minute chart it trades within the support at 1.0890 and resistance at 1.0930.
http://f3.s.qip.ru/ymgURnuC.png

NewForex Analyst
Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD
In the trading on Friday, October 28, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2195 and resistance at 1.2275.
http://f3.s.qip.ru/ymgURnuD.png

NewForex Analyst
Luigi Campo

Forex News from New Forex: Technical analysis of USD/JPY
In the trading on Friday, October 28, the pair USD/JPY shows movement in different directions. As we see on today’s 15-minute chart it trades within the support at 104.30 and resistance at 104.80.
http://f2.s.qip.ru/ymgURnuE.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Monday, October 31, the pair EUR/USD shows downward movement. As we see on today’s 15-minute chart it trades within the support at 1.0935 and resistance at 1.0995.

http://f6.s.qip.ru/E2nOnepc.png
NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 31, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2140 and resistance at 1.2215.

http://f2.s.qip.ru/E2nOnepd.png

NewForex Analyst

Luigi Campo

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

In the trading on Monday, October 31, the pair USD/JPY shows movement in different directions. As we see on today’s 15-minute chart it trades within the support at 104.50 and resistance at 105.10.

http://f3.s.qip.ru/E2nOnepe.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, November 1, the pair USD/JPY shows movement in different directions. As we see on today’s 15-minute chart it trades within the support at 104.70 and resistance at 105.15.
http://f1.s.qip.ru/ymgURnvy.png

NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, November 1, the pair GBP/USD shows a sideways movement. As we see on today’s 15-minute chart it trades within the support at 1.2210 and resistance at 1.2280.
http://f1.s.qip.ru/ymgURnvw.png

NewForex Analyst

Luigi Campo

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

In the trading on Tuesday, November 1, the pair EUR/USD shows upward movement. As we see on today’s 15-minute chart it trades within the support at 1.0960 and resistance at 1.1000.
http://f5.s.qip.ru/ymgURnvv.png

NewForex Analyst

Luigi Campo

[AnnaMon]

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

In the trading on Thursday, November 3, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 102.50 and resistance at 102.95.
http://f5.s.qip.ru/ymgURnwB.png

NewForex Analyst
Luigi Campo

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

In the trading on Thursday, November 3, the pair GBP/USD shows multidirectional movement. As we see on today’s 15-minute chart it trades within the support at 1.2325 and resistance at 1.2370.
http://f1.s.qip.ru/ymgURnwA.png

NewForex Analyst
Luigi Campo

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

In the trading on Thursday, November 3, the pair EUR/USD shows reversal and downward movement. As we see on today’s 15-minute chart it trades within the support at 1.1090 and resistance at 1.1130.
http://f5.s.qip.ru/ymgURnwy.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, November 8, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 104.25 and resistance at 104.55.
http://f5.s.qip.ru/ymgURnyg.png

NewForex Analyst
Luigi Campo

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

In the trading on Tuesday, November 8, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2375 and resistance at 1.2435.
http://f4.s.qip.ru/ymgURnyh.png

NewForex Analyst
Luigi Campo

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

In the trading on Tuesday, November 8, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.1035 and resistance at 1.1065.
http://f4.s.qip.ru/ymgURnyi.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, November 9, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 104.25 and resistance at 104.55.
http://f1.s.qip.ru/ymgURnyN.png

NewForex Analyst
Luigi Campo

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

In the trading on Wednesday, November 9, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2375 and resistance at 1.2435.
http://f5.s.qip.ru/ymgURnyM.png

NewForex Analyst
Luigi Campo

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

In the trading on Wednesday, November 9, the pair EUR/USD shows side movement with a big leap in price. As we see on today’s 15-minute chart it trades within the support at 1.1035 and resistance at 1.1065.
http://f2.s.qip.ru/ymgURnyL.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Thursday, November 10, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 105.05 and resistance at 107.05.
http://f6.s.qip.ru/ymgURnzr.png

NewForex Analyst
Luigi Campo

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

In the trading on Thursday, November 10, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2375 and resistance at 1.2455.
http://f4.s.qip.ru/ymgURnzq.png

NewForex Analyst
Luigi Campo

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

In the trading on Thursday, November 10, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.0855 and resistance at 1.0960.
http://f4.s.qip.ru/ymgURnzp.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Friday, November 11, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 106.20 and resistance at 107.05.
http://f2.s.qip.ru/ymgURnzE.png

NewForex Analyst
Luigi Campo

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

In the trading on Friday, November 11, the pair GBP/USD shows upward movement. As we see on today’s 15-minute chart it trades within the support at 1.2520 and resistance at 1.2670.
http://f5.s.qip.ru/ymgURnzD.png

NewForex Analyst
Luigi Campo

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

In the trading on Friday, November 11, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.0845 and resistance at 1.0920.
http://f6.s.qip.ru/ymgURnzC.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Monday, November 14, the pair USD/JPY shows upward movement. As we see on today’s 15-minute chart it trades within the support at 107.45 and resistance at 108.05.
http://f1.s.qip.ru/ymgURnAC.png

NewForex Analyst
Luigi Campo

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

In the trading on Monday, November 14, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2460 and resistance at 1.2605.
http://f1.s.qip.ru/ymgURnAB.png

NewForex Analyst
Luigi Campo

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

In the trading on Monday, November 14, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.0755 and resistance at 1.0790.
http://f3.s.qip.ru/ymgURnAA.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Tuesday, November 15, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 107.55 and resistance at 109.20.
http://f2.s.qip.ru/ymgURnBk.png

NewForex Analyst
Luigi Campo

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

In the trading on Tuesday, November 15, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2400 and resistance at 1.2520.
http://f6.s.qip.ru/ymgURnBj.png

NewForex Analyst
Luigi Campo

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

In the trading on Tuesday, November 15, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.0695 and resistance at 1.0845.
http://f6.s.qip.ru/ymgURnBi.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In the trading on Wednesday, November 16, the pair USD/JPY shows side movement. As we see on today’s 15-minute chart it trades within the support at 1078.70 and resistance at 109.75.
http://f6.s.qip.ru/ymgURnBQ.png

NewForex Analyst
Luigi Campo

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

In the trading on Wednesday, November 16, the pair GBP/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.2416 and resistance at 1.2515.
http://f4.s.qip.ru/ymgURnBR.png

NewForex Analyst
Luigi Campo

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

In the trading on Wednesday, November 16, the pair EUR/USD shows side movement. As we see on today’s 15-minute chart it trades within the support at 1.0685 and resistance at 1.0760.
http://f6.s.qip.ru/ymgURnBS.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Thursday, the price for this currency pair remains within the nearest support levels 1.0628. Resistance today is seen around 1.0722. Trend index in the four-hour time frame shows a clear bearish tone. This allows us to expect continued decline of the market. However, the final future of this trend will be determined today after the release of one of the most important news — publication information on the ECB meeting on monetary policy. In the daily time frame the pair is oversold. This is confirmed by the Stochastic oscillator. On the four-hour chart the basic exponential moving averages go down. The MACD histogram remains below. But now it gradually reduces and begins to acquire a tendency to increase.
http://f6.s.qip.ru/ymgURnCk.png

NewForex Analyst
Luigi Campo

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

With the opening of the European trading session this currency pair started to win back losses occurring in the past three days at a time. Trend index in the four-hour time frame has a slight bearish mood and the price has continued within the next levels of support at 1.2377 and the resistance at 1.2470. However, the Exponential moving average with period of 55 days has already crossed up EMA 20 and EMA 3. This gives the possibility to say about the beginning of the strengthening of the bulls in the long run. On the daily chart MACD histogram went to its center line and continues to grow. Fresh data on retail sales in the UK allowed the bulls to became a little stronger.
http://f1.s.qip.ru/ymgURnCj.png

NewForex Analyst
Luigi Campo

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

During the European trading session on Thursday the currency pair looks like it is not going to complete a continuous ascent which continued for nine consecutive trading sessions. The trend indicator on the daily chart has a slightly bullish sentiment. At the same time in the four-hour time frame attitude in favor of the bulls is even more significant. Despite this, the price remains within the limits of the nearest support at 1.0004 and resistance at 1.0079. Although in the long term, there are signs of weakening bulls — EMA 20 and EMA 55 slowed and the Stochastic oscillator still below the oversold zone.
http://f4.s.qip.ru/ymgURnCi.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

During the Asian trading session today, the Kiwi continued to take positions ahead of the US dollar, while remaining within the support 0.6974 and resistance 0.7073. Thus the second week from the moment we started to see a downtrend in this market is going. In a four-hour time frame the index of the trend today shows slight bearish tone with obvious oversold. This suggests that the bears have not yet exhausted their potential and will continue to put pressure on the quotes in the short term. In the medium-term, the hopes for a reversal is also not observed especially when you consider that the price is firmly entrenched below the lines of the indicator Ichimoku Kinko Hyo.
http://f1.s.qip.ru/ymgURnCJ.png

NewForex Analyst
Luigi Campo

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

On Friday the currency pair remained within 1.0559 support and resistance 1.0686 with a slight negative trend of the index. Throughout the week the Stochastic oscillator signals about oversold of this instrument. Exponential Moving Average with period of 3, 20 and 55 days at present, does not give the slightest hint of a trend reversal. Yesterday’s publication of the ECB meeting did not support the single European currency. The MACD remains below its central line and after yesterday’s weak correction continues to decline.
http://f5.s.qip.ru/ymgURnCH.png

NewForex Analyst
Luigi Campo

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

During today’s Asian session the rate of the currency pair remained within the nearest levels of support and resistance 109.25 and 110.73. In four-hour time frame the market today is characterized by a clear advantage of the bullish trend, which we observe for three weeks at a time with a small correction on 9 November. Stochastic oscillator shows overbought of this instrument, however, signal-to-sales is not observed, which may indicate the continuation of this trend for some time. Exponential moving averages are showing steady growth, and do not overlap with each other. MACD remains in the positive zone and gives a clear signal for further purchases.
http://f6.s.qip.ru/ymgURnCI.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

The second week we have seen a strengthening of the American currency against the Swiss franc in the long term. The opening of trading in Europe today also brought no surprises. This market continues to grow but at a slower pace. Despite the slowdown in the time range on the four-hour chart we can see a steadily progressing market. And we see an increasing trend. This is confirmed by the ADX indicator. However, in the short term, the potential of the bulls began to weaken because the +DI falls below 20. In the medium and long term trend of this market remains.
http://f1.s.qip.ru/ymgURnDL.png

NewForex Analyst
Luigi Campo

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

After the opening of the trading session in Europe, this currency pair is characterized by a multidirectional flow of trading. The price of a pair is retained within the support level at 1.2267 and resistance at 1.2397. On the four-hour chart the trend shows a moderately bearish tone that suggests further price weakness. However, in the medium and long term a reversal is possible because on the daily chart MACD histogram has almost reached the center line. At the same time the ADX reports about formation of a trend.
http://f2.s.qip.ru/ymgURnDK.png

NewForex Analyst
Luigi Campo

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

During the trading session on Monday, this currency pair remains within the levels of support at 1.0544 and resistance at 1.0618. This shows an unsuccessful test of this because the index trend has a mild bearish tone. On the four-hour chart exponential moving average with period 20 and 55 days still directed downwards and continue falling. MACD histogram remains in the negative zone with a weak hint of a reversal. Stochastic oscillator started to grow and sends a signal to buy. In relation to further developments in this market one should pay attention to today’s speech by M. Draghi and its results.
http://f6.s.qip.ru/ymgURnDJ.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Tuesday trading on this currency pair flow is quite calm. The price remains within the next levels of support at 1.0602 and resistance at 1.0676. Leaning against strong support in the area of 1.0575 this market took up a bullish mood light with obvious signs of oversold according to the Stochastic oscillator on the daily chart. But it is too early to talk about changing the current trend. On the four-hour chart MACD histogram is still in negative zone. But it started to decrease and begins to supply a signal to buy.
http://f3.s.qip.ru/ymgURnEg.png

NewForex Analyst
Luigi Campo

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

Quotes on this currency pair at the end of trading in Asia and the opening of the European trading session is seen within the support at 0.7022 and resistance at 0.7116. In this timeframe the market has a moderate bullish mood and the price has shifted to growth from the start of the week.The Stochastic oscillator is already talking about overbought of the currency pair. It will probably result only in a short-term correction and the continuation of the current market trends prevailing in the past week. Despite the fact that the MACD histogram is decreasing and gives the buy signal is still below its central line. And the price is fixed below the Ichimoku Kinko Hyo.
http://f6.s.qip.ru/ymgURnEh.png

NewForex Analyst
Luigi Campo

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

At the trading session in Asia on Tuesday, USD/JPY continued slowing of growth which has been recorded since the beginning of the week. The efforts of the monetary authorities of Japan, the national currency of this country has reduced the pace of strengthening against the U.S. dollar and the price remains within the levels: support at 110.75 and resistance at 111.68. According to the testimony of the Stochastic oscillator on the daily chart we see that the pair is heavily overbought. This is reflected by the lower volatility in this market and is confirmed by the Bollinger bands in the four-hour timeframe. MACD histogram began to decline and submits a sell signal but still remains in positive zone. For the long term at the moment this market is not yet giving us any prerequisites for changing of the current trend. Exit statistics for the US tonight will not have a significant impact on the current market price.
http://f3.s.qip.ru/ymgURnEi.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

In yesterday’s trading session the pair broke the support at 1.0586 and thus completed the consolidation in this area(1.0586-1.0664). It continues to move in the descending corridor for the third consecutive week. After the opening of the market in Europe on Thursday, trade flow is multidirectional. Levels of support and resistance determined at 1.0479 and 1.0598. On the four-hour chart according to the readings of the Stochastic oscillator we can see that the pair is oversold and thus there is a sell signal where the %K line below the %D line. MACD histogram remains in the negative zone while continuing to decline gradually and giving a signal to sell.
http://f2.s.qip.ru/ymgURnFa.png

NewForex Analyst
Luigi Campo

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

The Euro showed mixed trading within the next levels of support at 1.2399, and resistance at 1.2507. According to the index trend, the market sentiment is more in favor of the bears than the bulls. MACD histogram has shrunk from the negative zone almost to parity but yet it is not possible to go into positive territory. So there are no clear signals. Thus the situation in this market can be described as follows. The development of events in favour of the bulls is possible in the case of a price increase above 1.2500 and then 1.2460, afterwards you may open the way to the levels of 1.2600 and 1.2670. favorable development for the bears is the passing level 1.2425 that would open the lower way towards the area of 1.2360 and 1.2300.
http://f6.s.qip.ru/ymgURnFb.png

NewForex Analyst
Luigi Campo

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

On the trading session on Thursday in Asia and Europe, the pair continues to rise for three consecutive weeks starting from November 4th. Overcoming the last resistance today the pair is trading within the 111.68 support level and resistance 113.84. It should be noted that in the short term it is overbought. This is clearly seen on the example of Stochastic oscillator on four-hour chart. However, this does not interfere with the oscillator to form a signal to buy. We see that the %K line is just above the %D line and MACD Histogram remains in the positive area and is growing quite rapidly. In the medium-term the situation is similar but it has a more intense character. If you look at the daily chart according to Stochastic trading tool is overbought but the %K line is below %D line, only the testimony of the MACD talking about the possibility to buy.
http://f2.s.qip.ru/ymgURnFc.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Friday we continue to see the strengthening of the US dollar against other major currencies. This is true against the Swiss franc today. However, this market is experiencing a slowdown with the consolidation at the support level of 1.0160 and resistance 1.0209. As for the future conduct of the dollar today, we will see statistics on business activity Index in the services sector for November. These data define the depth of the correction and the prospect of a further evolution of the course. As for the technical picture in the short term it is possible to emphasize the slowdown in the MACD histogram. Trend ADX tells about the current trends however, with the slowdown in this market.
http://f1.s.qip.ru/ymgURnFr.png

NewForex Analyst
Luigi Campo

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

On Friday, the pair traded mixed and remained in the narrow limits of the nearest levels of support 1.2424 and resistance 1.2519. Market sentiment is moderately bullish. MACD histogram is almost glued to zero in the four-hour range and on the daily chart and the lack of signal. The Stochastic oscillator tells us about the continuation of the downward motion both in the short and in the long term. Thus it is possible to say that the bears are far from exhausted its potential and continue to put pressure on the market. Here, however, one should take into account the today’s statistical data on UK GDP. This could easily reverse the current trend.
http://f4.s.qip.ru/ymgURnFp.png

NewForex Analyst
Luigi Campo

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

On Friday, the pair is trading with a slight slowing of the downward trend and we see a price consolidation in the area of support at 1.0519 and resistance at 1.0587 that noticeable compared to the analysis of the previous trading session. However, the pronounced trend remains bearish. This is clearly demonstrated by technical analysis indicators. On the daily chart Stochastic oscillator left the overbought zone. But this does not give a clear signal as the %K line is above the %D line. It may indicate a clear slowing of current trends in the market. However it is still early to speak about full change of trend . For example, the MACD histogram keeps rising into the negative zone with preservation of bearish signal. Finally, contrary to the fundamental principle, you can give here the result of the testimony of the trend indicator ADX. This means maintaining a strong bearish trend in the short term. It would be fair to say in relation to intraday trading.
http://f6.s.qip.ru/ymgURnFq.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Monday, this currency pair is trading with a slight bullish attitude within the nearest levels of support 1.0566 and resistance 1.0682. Since the beginning of today’s trading, the pair has grown to about 50 points and is now on track to test resistance area.MACD histogram remains in negative territory after rising above its signal line. This can be interpreted as a buy signal. The stochastic oscillator behaves similarly feeding an identical signal — %K line above the %D line. In order to gain confidence it is better to wait for the breakout of 1.0680 area before entering the market long positions. If this does not happen then we will continue to see a retracement or even a gain with the subsequent continuation of the downward trend in this market. We remind you that today at 17:00 GMT in Brussels, the head of the ECB M. Draghi will address the relevant Committee of the European Parliament. It should be noted that unexpected announcement may trigger increased volatility of this market and the single European currency against major world currencies.
http://f1.s.qip.ru/ymgURnHv.png

NewForex Analyst
Luigi Campo

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

In trading on Monday, the British currency showed mixed trading against other major currencies. Sterling retains a moderate bullish sentiment of index trend and remains within the next levels of support 1.2440 and resistance 1.2507. On the four-hour chart we can see MACD histogram signals for a long position going into the positive zone and rising up above its own signal line. It can tell us about the upcoming growth of this market in the short term. However, Stochastic is close to overbought and does not generate clear signals. The %K line falls below the %D line. In such a situation, it is recommended to wait for further confirmation before committing to any action, for example, overcoming the current resistance area around 1.2507. This will open the way for the price to 1.26. Otherwise, the market will continue consolidation. It will keep the trend we’ve seen in recent times. In the medium and long term situation of the market will remain without change until the market will be above the 1.2700. This could be the beginning of a good uptrend.
http://f2.s.qip.ru/ymgURnHw.png

NewForex Analyst
Luigi Campo

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

On Friday the pair in the beginning of the session reached the level 113.89 and then pulled back to 112.55. It closed at 113.05. On Monday trading is mixed but with a clear bearish potential. Now that price is retained within the support 111.85, breaking support at 112.13 and resistance at 113.49. MACD histogram fell to the negative zone and below its signal line. This indicates strong bearish potential of this market. Stochastic oscillator has reached the border of the oversold zone but the %K line is below %D line. This forms a signal for short positions. If the market breaks below 111.59, we can observe a further strengthening of the bearish trends to the area of 110.55. If the price comes back to the area 113.85 and fixate above it, the growth of this market may continue to 120.00.
http://f1.s.qip.ru/ymgURnHx.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Tuesday, the pound strengthened slightly against the U.S. dollar. It rose to 1.2525 and took a lead from Monday position. After that, the pair retreated to the area of 1.2485 and is now trading within the levels of support at 1.2441 and the resistance at 1.2580. According to the four-hour schedule in this market bullish sentiment have been moderate. MACD has risen above its central line and grows and feeds a signal to buy. Exponential moving average with a period of 5 days and above is steadily increasing. This suggests that in the medium and long term we can expect further strengthening of Sterling against the U.S. dollar and the growth of this market. The impression is that in November the currency of Albion received more dividends from Trump’s victory in US elections than the U.S. dollar as investors are again considering the pound as an investment. Macroeconomic data for the UK are promising and allow us to assert that the economy after Brexit is recovering rapidly. Thus the value of the Pound Sterling against the US dollar today is low.
http://f1.s.qip.ru/ymgURnI0.png

NewForex Analyst
Luigi Campo

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

In Wednesday’s trading on this currency pair occur with a moderate bearish market sentiment. The price is kept between the nearest support levels at 1.0606 and resistance at 1.0690 level. Thus we continue to see consolidation in this market in this region. This may indicate that market participants lowered their activity in anticipation of the release of Eurozone. Today data on consumer price index will be published. This will allow to assess the level of inflation in the Euro single currency and to take appropriate decisions on the direction of investment. Today is planned the speech of the ECB President, Mario Draghi. This will undoubtedly give an additional impetus to this market. We can only guess if it is bullish or bearish potential. On the four-hour chart this currency pair is overbought according to the Stochastic oscillator which gives us a buy signal where the %K line is located above the %D line and MACD rose above their Central lines and today continues its growth. Moving averages with a period of 20 and 55 days crossed up, indicating that the bullish potential of the market in the short term.
http://f6.s.qip.ru/ymgURnHZ.png

NewForex Analyst
Luigi Campo

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

On Wednesday the pair is trading mixed within the next levels of support at 1.0084 and resistance at 1.0150. Today this market has a moderate bearish sentiment on the basis of the MACD histogram. Moving averages with a period of 20 and 55 days slowed down and they are about to cross down. This indicates weakening bullish potential of this market and the deceleration of the current trend as the ADX indicator fell below level 20. With the development of the situation the strength of the opposing sides which will determine the prospects for further evolution of the exchange rate in this market in the short term will reveal. According to the expectations of market participants the impetus for further development can serve as today’s publication of macroeconomic data for Switzerland. Today will be published the consumption Indicator for October and leading indicator for the version of consumer confidence for November of the current year.
http://f6.s.qip.ru/ymgURnI1.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Thursday this currency pair trades with small lowering, remaining within support levels at 1.0518 and resistance at 1.0633. It is necessary to notice that slow development of this market which has been observed from last Friday to the middle of the current week stopped. Since Asian trading session and till the present moment we can observe consolidation of the price near the level of 1.0600, that is determined by such term as flat or a sideway. On the four-hour chart, exponential sliding averages with the period of 20 and 55 days were crossed down yesterday and today, they are drifting together. The histogram MACD continues to cling to a zero index, remaining below the signal line that gives a weak hint on the potential of a small bear market in the short-term
http://f4.s.qip.ru/ymgURnIi.png

NewForex Analyst
Luigi Campo

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

After a small improvement at the end of last and the beginning of the current week this currency pair continues to grow in the long-term prospect.On the day chart, the histogram MACD was a little slowed down, having fallen below the signal line which tells about a small weakening of bull potential of the market, however the Stochastic oscillator gives an accurate signal for purchasing and the %K line is above the %D line. In the short-term prospect, judging by the four-hour chart, it is possible to speak about a small correction in the market which preserves the current trend. The histogram MACD is in a positive zone and remains above the signal line. Stochastics, in its turn, gives an accurate sell signal, taking into account a correctional movement of the market in the short term (the %K line lower than the %D line). Meanwhile, quotations on this currency pair remain within the closest levels of support — 113.24 and resistance — 115.73 with moderately bull indicator of an index trend.
http://f5.s.qip.ru/ymgURnIj.png

NewForex Analyst
Luigi Campo

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

This market has been growing for two weeks in a row, with a small correction during the yesterday’s trading session.Today, the pair resumed its growth meanwhile it is being traded within the closest levels of support at 0.7025 and resistance at 0.7127 which, as we hope, will be overcomed.On the four-hour chart the oscillator Stochastic left an oversold zone and goes up.The histogram MACD was slightly slowed down, continuing «to win back» yesterday’s correction, however it remains in a positive zone which in total with an accurate signal on purchasing the Stochastics allows to assume preserving of the current trend in the short term. It is also necessary to consider that the price remains above the Ichimoku line which tells about the profit of this market’s bull potential.
http://f4.s.qip.ru/ymgURnIk.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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

On Friday this currency pair trades with a moderate bull sentiment, remaining within support levels at 1.0622 and resistance at 1.0702. In the short term if to look at the four-hour chart of dynamics of the market, which was observed during the last trading session, currencies rate continues to grow even today. Yesterday, the pair drafted off a strong support at the level of 1.0550 and today it has updated it’s local maximum up to 1.0689 and in such a manner made these values of lower and upper limit the borders of the ascending channel.The histogram MACD began its growth in positive area and now it is above the signal line that speaks about a good bull potential of this market.Stochastics is in an overbought zone right now, but it keeps a signal for purchasing — the %K line higher than the %D line.Good fundamental data gave support to single European currency which got stronger on 75 points against US dollar yesterday.As for the forecast for today, the main participants of the market reduced it’s activity on Friday waiting for the publication of statistics on the USA at 16:30 MSK.
http://f1.s.qip.ru/ymgURnIX.png

NewForex Analyst
Luigi Campo

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

Dynamics of the market’s currency rate was characterized by sharply expressed bull trend for the last month.In December the ascending tendency remains intact.The trades on this currency pair on Friday proceed with a moderate benefit of bulls within support level at 143.11 and resistance at 145.67. On the four-hour chart the histogram MACD descends, remaining in a positive zone but falling below the signal line.Thus, we can expect a small correction of this market before the ascending movement will resume.Moving averages with the period of 20 and 55 days continue to grow steadily and that fact confirms serious bull’s potential.
http://f1.s.qip.ru/ymgURnIZ.png

NewForex Analyst
Luigi Campo


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

On Thursday, concerning a short-term prospect, the pair closed its trading session below the strong level of support in the field of 1.3400 that opens a way for further bear evolution of a rate to 1.3200. At the trades on Friday, bearish dynamics of the market and the price remains within the closest levels of support at 1.3240 and resistance at 1.3379. However, there is no necessity to speak about a pronounced trend, ADX remains slightly higher than a mark in 20 points, therefore the current trend only gains strength.
http://f5.s.qip.ru/ymgURnIY.png

NewForex Analyst
Luigi Campo

[AnnaMon]

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.
http://f1.s.qip.ru/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.
http://f6.s.qip.ru/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
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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.
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NewForex Analyst
Luigi Campo

[AnnaMon]

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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NewForex Analyst
Luigi Campo