Instaforex Analysis

Page 85 of 88 FirstFirst ... 35758384858687 ... LastLast
Results 841 to 850 of 876

Thread: Instaforex Analysis

  1. #841
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Instaforex Analysis
    Forex Analysis & Reviews: What's next after the development of the EUR/USD upward pattern?

    The EUR/USD pair reached the Weekly Control Zone of 1.1857-1.1840 yesterday, which indicates the completion of the upward cycle. The next movement will depend on testing the first support zone.

    Today, the Weekly Control Zone of 1/4 1.1801-1.1797 is being tested. The pair's movement will continue in the first half of September depending on the reaction to this zone. If the pair manages to break through this zone and consolidates below during today's European session, then the decline will become interesting again for termination this week.



    Trading in a downward direction can become a priority for a long time. If yesterday was the first day of the new cycle, then the second half of the week will be a decline to the WCZ 1/2 1.1757-1.1749. The daily lows will be updated for the next two days.

    Time will tell whether the fall will lead to a medium-term reversal and a test of WCZ 1/2. This zone is located at a significant level of the market maker formed last week. The probability of a large demand for its test is quite high.

    *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

    Analysis are provided byInstaForex.

  2. #842
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for USD/JPY on September 2, 2021

    USD/JPY
    The yen continues to confuse with incessant false movements in both directions. A growth spike was shown yesterday and it can be interpreted as an unsuccessful attempt to rise to the target of 110.62 - to the embedded price channel line. Yesterday's closing took place below the MACD indicator line, and today it also opened below it.



    At the same time, US stock indices showed weakness: Dow Jones -0.14%, S&P 500 +0.03%, technological Nasdaq (an extremely speculative sector of the modern era) at 0.33%. We expect weak data on employment in the US tomorrow, the stock market will fall, and the USD/JPY pair will fall accordingly. The target for the decline at 109.20 is the June 8 low.



    On the four-hour scale chart, the balance and MACD indicator lines keep the price from falling, but the Marlin oscillator is already in the negative area. A signal to fall is when the price moves below the target level of 109.85, which is below these indicator lines.

    [I]Analysis are provided byInstaForex.

  3. #843
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Elliott wave analysis of EUR/JPY for September 3, 2021



    EUR/JPY is currently testing key-resistance at 130.56 and we expect a temporary break above followed by a correction towards 129.63 before the next rally higher trough the key-resistance to confirm the final impulsive rally in wave 3 towards 135.42.

    A break above key-resistance at 130.56 will give us a failed S/H/S top pattern and failed patterns often result in strong moves in the opposite direction of the failed pattern. The S/H/S top would indicate a decline, while the failed pattern calls for a rally instead.

    Analysis are provided byInstaForex.

  4. #844
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for GBP/USD on September 6, 2021

    GBP/USD
    The British pound hit the first target (1.3883) on Friday. Now it should rise above this level, settling above it, and continue to rise to the second target at 1.4004, also determined by the embedded price channel line. The Marlin oscillator is rising, helping the price meet this target.



    The trend is fully upward on the four-hour chart: the price is above the balance and MACD indicator lines, the Marlin oscillator is in the growth zone. We are waiting for the price to settle above the level of 1.3883 and its further growth.



    Analysis are provided byInstaForex.

  5. #845
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for September 7, 2021



    We continue to look for renewed upside pressure through minor resistance at 153.48 to call for the next impulsive rally towards the next upside target seen at 159.75 to complete wave v/ of iii and set the stage for a temporary correction/consolidation in wave iv before the next rally higher.

    Longer-term we are looking for a rally to at least 163.00 and possibly a lot higher than that, as a long-term rally towards 205 clearly is an option, but not a given fact. A a lot can still happen a cut the ongoing rally short near 163, but only time will show.

    Analysis are provided byInstaForex.

  6. #846
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Elliott wave analysis of Ripple for September 8, 2021



    Ripple completed a five wave rally in wave i with the test of 1.4162. We should now see a corrective decline in wave ii close to the 61.8% corrective target of wave i near 0.8560 before the next rally higher to at least 1.7600 and possibly even closer to the extension target for wave iii near 2.3226 takes place.

    Ultimately. we are looking for a rally to 3.2000 in this impulsive sequence.

    Analysis are provided byInstaForex.

  7. #847
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    FOREX ANALYSIS & REVIEWS: TRADING PLAN FOR EURUSD FOR SEPTEMBER 09, 2021



    Technical outlook:
    EURUSD has slipped toward 1.1800 mark since printing 1.1900 highs over the last week. The drop is corrective and bulls might be inclined to come back in control, pushing prices higher towards 1.2050 levels, going further. Probability also remains for a drop towards 1.1750 first, before resuming its rally. Either way, EURUSD is in a corrective wave from 1.1900/10 high.

    EURUSD is seen to be trading close to 1.1810/15 mark at this point in writing and could be preparing to push higher towards 1.1870/80 mark in the immediate short term. Immediate price resistance is at 1.1910, while support comes in around 1.1660 mark respectively. The pair could drop toward 1.1750 to complete its gartley structure before resuming higher towards 1.2050 mark.

    The overall structure remains bearish toward 1.1300 mark in the medium term. In the short term though, a counter trend rally towards 1.2050 remains possible though. Also note that 1.2030/50 is the fibonacci 0.618 retracement of the drop between 1.2266 and 1.1660 respectively. High probability remains for a bearish turn if prices manage to reach there.

    Trade Alan:
    Potential to push towards 1.2050 against 1.1650. Good luck!

    Analysis are provided byInstaForex.

  8. #848
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Trading plan for EURUSD for September 10, 2021



    Technical outlook:
    EURUSD is consolidating within a tight range after dropping to a low of 1.1806 on Thursday. The pair is expected to push higher towards the 1.1865-70 zone during the day before finding resistance again. It is expected to slide towards 1.1750 in the next few trading sessions before bulls can resume higher to the 1.2050 level.

    EURUSD is unfolding into a counter-trend rally toward 1.2050 in the near term before resuming lower towards the larger trend. Also note that the pair is carving a counter-trend within the counter trend and is expected to first drop toward 1.1750, then rally towards 1.2050 levels respectively. EURUSD is facing immediate resistance at 1.1900 while support is seen around 1.1800 levels respectively.

    Overall wave structure remains bearish towards 1.1300 but medium term remains pointed higher to 1.2050-1.2100 zone. Also note that 1.2050 is near Fibonacci 0.618 retracement of the drop between 1.2266 and 1.1660 levels respectively. Hence, probabilities remain high for a bearish reversal f prices manage to reach there.

    Trading plan:
    Potential to rally toward 1.2050 against 1.1660.
    Good luck!

    Analysis are provided byInstaForex.

  9. #849
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    Forex Analysis & Reviews: Technical Analysis of GBP/USD for September 13, 2021



    Technical Market Outlook
    The GBP/USD pair has failed to break through the supply zone that was the key zone for bears. There might be a Double High price pattern made at the H4 time frame chart. The zone is still located between the levels of 1.3874 - 1.3886. The momentum is negative and the market conditions are overbought, so the bulls might not have a chance to move higher. The next target for bears is seen at the level of 1.3807 and 1.3785.

    Weekly Pivot Points:
    WR3 - 1.4068
    WR2 - 1.3979
    WR1 - 1.3915
    Weekly Pivot - 1.3815
    WS1 - 1.3755
    WS2 - 1.3649
    WS3 - 1.3586

    Trading Outlook:
    The weekly time frame chart still shows, that the up trend is still intact and the corrective wave had terminated at the level of 1.3571. Only a sustained violation of the level of 1.3518 would trigger a bigger down move than a regular pull-back. The up trend can be continued towards the next long-term target located at the level of 1.4246 (high from 24.02.2021).

    Analysis are provided byInstaForex.

  10. #850
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,674
    Thanked: 0

    Default

    in ro ham eslah kon:
    Forex Analysis & Reviews: Elliott wave analysis of EUR/JPY for September 14, 2021



    We have seen the expected dip closer to 129.60 and EUR/JPY should now be ready to start the next impulsive rally higher to 134.24 and then towards the ideal target for wave 5/ closer to 135.42. Short-term we need a break above minor resistance at 130.23 to confirm that sub-wave ii of 5/ has completed and sub-wave iii is in motion towards 134.24 and then higher to 135.42.

    Longer term we continue to look for much higher levels, but for now, just let's look for a break above minor resistance at 130.23 to confirm sub-wave ii has completed and sub-wave iii higher is in motion.

    Analysis are provided byInstaForex.

Similar Threads

  1. InstaForex.com
    By 1ForexForum in forum Forex Brokers LIVE Discussion
    Replies: 238
    Last Post: Yesterday, 08:40 AM
  2. Forex News from InstaForex
    By IFX Gertrude in forum Daily Market News
    Replies: 875
    Last Post: Yesterday, 07:19 AM
  3. Replies: 0
    Last Post: 02-21-2020, 01:41 PM
  4. Technical Analysis Vs Fundamental Analysis
    By israr_ali in forum General Forex Discussion
    Replies: 3
    Last Post: 02-02-2020, 03:09 AM
  5. InstaForex Rebates
    By PipRebate in forum Forex Rebates and CashBackForex
    Replies: 2
    Last Post: 10-09-2017, 07:12 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us