Instaforex Analysis

Page 95 of 105 FirstFirst ... 45859394959697 ... LastLast
Results 941 to 950 of 1041

Thread: Instaforex Analysis

  1. #941
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Instaforex Analysis
    Forex Analysis & Reviews: Forecast for EUR/USD on January 14, 2022

    On Thursday, the euro rose a little more after a strong impulse on Wednesday. The price has settled above the target level of 1.1415, now it becomes a support for the bulls, pushing the price to the target level of 1.1570 the high of January 2019. Successfully breaking this level opens a higher target - the 1.1700/22 range. The Marlin Oscillator is slightly tilting down, perhaps the further upward movement will not be so fast.



    Investors have not been paying attention to macroeconomic statistics in recent days, but today there may be a divergence of data in favor of the euro: in the UK, industrial production in October may show an increase of 0.2%, France's CPI in November may show an increase of 0.2%, CPI Spain +1.3% m/m, the euro area trade balance for November is expected to increase to 7.6 billion euros from 3.6 billion in October, and in the US retail sales for December are forecast to decline by 0.1%. Industrial production in the US for December may show an increase of 0.3%, but for the big picture this is not very convincing.



    On the four-hour chart, Marlin has discharged from the overbought zone, and now it is ready to resume growth.

    *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. #942
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for January 17, 2022



    The corrective consolidation is now complete and the underlying impulsive rally higher to our first target level of 160.54 is taking place. If bulls assert strength, GBP/JPY may go higher to our second target level of 163.39.

    Keep the focus on the upside and a break above minor resistance at 157.69 for a continuation towards 160.54 and maybe even higher.

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

    Analysis are provided byInstaForex.

  3. #943
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for EUR/USD on January 18, 2022

    Yesterday, the quote of the European currency did not break down from the target level of 1.1415 (the June 2019 high), lingered on it, and this morning it shows the intention to rise with the Marlin Oscillator turning up on the daily scale chart. The main scenario - growth to the target level of 1.1570 (the January 2019 high) has been preserved.



    The price was supported by the balance indicator line (red) on the four-hour chart. The Marlin Oscillator is moving sideways. It can enter the positive area with the price crossing yesterday's high (1.1434). Thus, the level of 1.1434 becomes a confirming level of further growth. Consolidating below the MACD line, below 1.1386, may push the price to the daily MACD line to the area of 1.1310.



    Analysis are provided byInstaForex.

  4. #944
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for EUR/USD on January 19, 2022

    The euro fell by 85 points on Tuesday and came close to the support of the MACD indicator line on the daily chart (1.1305). Crossing this support will mean opening the way to the target of 1.1170 and below (1.1050). The Marlin Oscillator has reached the zero line - the border with the territory of the downward trend, which, along with the proximity of the price to the MACD line, indicates a high probability of an upward reversal - to overcome the target level of 1.1415 and further advance to 1.1570. Moreover, today the price may not choose a further direction, since after yesterday's strong fall, there is a high probability of consolidation. The 1.1305 level is near the August 2018 low, that is, it is quite strong.



    On the four-hour chart, the price is below both indicator lines, the Marlin Oscillator shows a weak desire to reverse. We are waiting for the formation of consolidation before the support of 1.1305 and the subsequent choice by the European currency of the further medium-term direction.



    Analysis are provided byInstaForex.

  5. #945
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for EUR/USD on January 20, 2022

    Yesterday, the euro did not reach the support of the MACD daily indicator line (1.1300). The upward movement from yesterday and this morning looks more like a reversal to the upside than a consolidation before support. The signal line of the Marlin Oscillator turned up from its own zero line, from the border with the downward trend. All these signs suggest that the euro intends to overcome the target level of 1.1415 and continue to grow towards 1.1570.



    The departure of the price under the MACD line, under the mark of 1.1300 will naturally open the door to a further decrease to the level of 1.1170.



    On the four-hour chart, the Marlin Oscillator is in a hurry to leave the negative territory, the price is approaching the MACD indicator line at 1.1387, the transition above which visually coincides with Marlin's transition to the positive area. Such a synchronous signal will increase the growth potential.

    Analysis are provided byInstaForex.

  6. #946
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for EUR/USD on January 21, 2022

    Yesterday, the euro was hit by a sell-off as investors withdrew from risky assets. The US stock index S&P 500 fell by 1.10%. The price has reached the support of the MACD indicator line on the daily scale chart. The oscillator is in the downward trend zone. But, despite the increased pressure on the quotes of the single currency, the question of an upward reversal looks sharper than yesterday, since touching the MACD line from above looks like testing it before medium-term growth. The first growth target is 1.1415, then 1.1570. Consolidating below the MACD line will open a bearish target of 1.1170.



    The price converges with the Marlin Oscillator on the four-hour chart. Actually, this circumstance is the main sign of a price reversal to the upside. But the euro remains under pressure, you need to wait at least two more white candles for the divergence to take place, so that there is a visual price reversal. In the meantime, we are waiting for the development of the situation.



    Analysis are provided byInstaForex.

  7. #947
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Forecast for EUR/USD on January 24, 2022

    Last Friday, the euro bounced up from MACD's indicator line, blocking Thursday's decline. The probability of the price rising to the nearest target level 1.1415 (June 2019 high) has slightly increased.



    The signal line of the Marlin Oscillator went sideways along the neutral zero line. Consolidation is not long, so there may well be a reversal to the upside. Long-term horizontal movements of the oscillator after the signal line exits the overbought zone mainly precede the subsequent decline.

    Consolidating below 1.1300 opens the way for the price to 1.1170 (June 2020 support).



    The price converged with the Marlin Oscillator on the four-hour chart. The exit above Friday's high (1.1360) will be a signal to attack the price of the MACD line (1.1385). After the price crosses the indicated level, it is likely that the price will consolidate to break through 1.1415. By this time, the Federal Reserve will have announced its decision on monetary policy.

    Analysis are provided byInstaForex.

  8. #948
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Indicator analysis. EUR/USD daily review on January 25, 2022

    Trend analysis (Fig. 1) EUR/USD is likely to decline on Tuesday, from 1.1326 (closing of yesterday's daily candle) to 1.1299, which is the 61.8% retracement level (red dotted line). After that it will return to the 14.6% retracement level at 1.1327 (yellow dotted line), then go further upwards.



    Fig. 1 (daily chart)
    Comprehensive analysis:
    Indicator analysis - downtrend
    Fibonacci levels - downtrend
    Volumes - downtrend
    Candlestick analysis - downtrend
    Trend analysis - uptrend
    Bollinger bands - downtrend
    Weekly chart - uptrend

    Conclusion: EUR/USD will dip from 1.1326 (closing of yesterday's daily candle) to the 61.8% retracement level at 1.1299 (red dotted line), then go to 1.1327, which is the 14.6% retracement level (yellow dotted line). It may go further up after reaching that level.

    Alternatively, the pair could move from 1.1326 (closing of yesterday's daily candle) to the lower fractal at 1.1290 (daily candle from 01/24/2022), then climb further to 1.1327, which is the 14.6% retracement level (yellow dotted line).

    Analysis are provided byInstaForex.

  9. #949
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    Forex Analysis & Reviews: Elliott wave analysis of Gold for January 26, 2022



    Gold is testing the symmetrical triangle resistance-line and a break above here and more importantly a break above 1,877 will confirm that wave 4 has completed and wave 5 towards 2,700 is in motion. As long as the triangle resistance-line is able to cap the upside we could see gold move a little lower to 1,812, but the downside should be limited and it should just be a matter of time before resistance at 1,877 is conquered and the rally towards 2,700 is in motion.

    Analysis are provided byInstaForex.

  10. #950
    Senior Member IFX Gertrude's Avatar
    Join Date
    Jan 2013
    Posts
    1,977
    Thanked: 0

    Default

    in ro ham eslah kon:
    Forex Analysis & Reviews: Forecast for EUR/USD on January 27, 2022

    So, at yesterday's FOMC meeting, the Federal Reserve made it clear that the conditions for a rate hike are ripe, that rates can rise without a negative impact on the labor market, and the first increase will be in March. As a result of the day, the dollar index strengthened by 0.51%, the euro lost 60 points. The yield on 5-year US government bonds increased from 1.564% to 1.678%.

    On the whole, the Fed's decision, like any thesis of Fed Chairman Jerome Powell's speech, was expected. But the fall of the euro shows that the markets have not yet taken into account the beginning of the US rate hike cycle, as is sometimes expressed in the media. And, perhaps, this is the main idea that has matured as a result of yesterday.



    The price settled under both indicator lines on the daily chart under the balance line and the MACD line. The price is approaching the first bearish target (1.1170) as planned. Consolidation below the level will open the second target (1.1050).




    Analysis are provided byInstaForex.

Similar Threads

  1. Forex News from InstaForex
    By IFX Gertrude in forum Daily Market News
    Replies: 1033
    Last Post: Yesterday, 06:24 AM
  2. InstaForex.com
    By 1ForexForum in forum Forex Brokers LIVE Discussion
    Replies: 260
    Last Post: 05-05-2022, 02:42 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