Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Page 84 of 86 ... 79 82 83 84 85 86
    Results 831 to 840 of 853

    Thread: Daily Market Analysis from ForexMart

    1. #831
      MT5 Rookie
      I am:
      ----
       
      Julius is an unknown quantity at this point Julius's Avatar
      Posts
      35
      Accumulated bonus
      1 USD (What is this?)
      Thanks
      0
      Thanked 3 Times in 2 Posts

      Default

      Quote Originally Posted by KostiaForexMart     
      EUR/USD Daily Analysis: June 13, 2019

      The result of CPI data yesterday did not push the EUR/USD to move higher than the 200-MA (weekly) as it was seen below prior to the release. Hence, the traders are likely to focus on the US retail report scheduled on Friday.

      The final CPI data was shown to have increased by 0.2%, meeting the expectations. The unemployment data from Italy also resulted as anticipated in the first quarter of the year. Yet, these data did not have a big impact on the exchange rates.

      For this week, the 200-MA (weekly) presents to be a difficulty. Moreover, the pair is trading importantly around the indicator for a year.

      The pair has tested the August level last year, which was seen to move above it for a few months until it broke down in March. As of recently, the sellers were successful in the rally, which can make trading quite difficult.

      The pattern gives a bearish sentiment on the hourly chart. Soon after the inflation data yesterday, the euro major pair broke lower and the pair reached 1.1260. The support level of 1.1280 also gives psychological significance. The 100-MA is also shown to be converging to the horizontal level.

      On the 4-hour chart, the price level of 1.1280 reflects significance given the ascending channel from the May low at the same area.

      Given the decline, the downturn of the price is expected to move momentarily with the psychological levels at 1.1280 and 1.1260. Given the confluence in the support region, there is a possibility not to reach the next target despite the presence of a flag pattern. Traders may have difficulty in breaking the resistance from the 200-MA.
      Thanks for these regular updates, really useful. Do you use TradingView by any chance?
      Last edited by Julius; 06-13-2019 at 04:56 PM.
      Step it up!


    2. #832
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 14, 2019

      The euro major pair dropped to a range lower than 1.1280 prior to the release of the US retail sales data. It is likely that markets will focus on the Fed more than the retail sales. There is an important shit in expectations after the analysts noted three rate cuts for the year.

      The meeting scheduled next week will determine the policymakers course of action. Meanwhile, the markets are hoping for a signal on their next move, even earlier than the July meeting. Thus, the rally of the EUR/USD was due to the shift. If this is confirmed, then there is a chance for an upward movement.

      There is a high probability that the markets will look for a chance to cell the dollar after the initial reaction in the results of the retail sales prior to the Fed meeting.

      The previous bear flag pattern in yesterdayís report is still significant with the lower target at 1.1260 as the euro major pair heads below with low momentum. Nonetheless, it is still not too far from the target.

      Yet, traders should monitor the level of 1.1280 in the US trading hours. The market tries to push it higher during the early European session but the rally was not sufficient to be sustained.

      The pair stays range-bound on the 4-hour chart. Traders should also get ready to have some volatility in the US session, although it will not be much given that its Friday.

      It is also important to note that a made a breakthrough to the target level of 1.1260 moves to a bearish confluence with a resistance level that is important last week. Hence, there is a possibility to have a retest to defend this area. A break higher than 1.1280 can open chances for an uptrend while the upcoming Fed meeting next week keep the bids for the pair at bay.
      Regards, ForexMart PR Manager


    3. #833
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 17, 2019

      The euro major pair is consolidating close to the 200-MA on the 4-hour chart after its recent drop on Friday. Nonetheless, the pair has a possibility to bounce upward.

      There was a boost for the pair to move lower due to the US retail sales data which strengthened the dollar. It was not able to hold the level as high as 1.1343 at the beginning of the week even to 1.1200 after the release.

      The Fed meeting is anticipated to be dovish that makes the market uncertain if the rate cut will push through, although there is a chance for the price to be reduced by as much as 20% at the beginning of the European session.

      On the one hand, the futures market did not turn hawkish after the retail sales, as it simply means an extended rate cut took place earlier than anticipated. The possibility of another two rate cuts in the past meeting is still on the plate.

      There is not much expected in the economic calendar except for the speech of Draghi today and tomorrow. Even so, the previous one did not really have an impact on the market. Thus, there might also be no reaction this week.

      Although, a short surge in volatility could take place due to the expected inflation data from the euro.

      There is a horizontal support level at 1.1204 on the 4-hour chart. This level plays an important role, considering the 1.12 level and the 200-MA close to it. A bounce off may take place when the decline fades this week. There was an important rally in late May that supports the decline in the early June.

      There is a strong downward impetus on the hourly chart, considering that there was a bear pattern last week while aiming for 1.1260. When the pair reaches this figure, there is support found below on the descending channel.

      Moreover, since the pair strengthened after the release of the retail sales, it implies the strong presence of sellers and they are determined to take the lead. Hence, recovery is not far from happening at the moment.

      We can expect resistance at 1.1237 in the next trading session and a confluence with 100-MA on the 4-hour chart. If this succeeds, it opens the possibility of the pair to reach the resistance of 1.1260. Any significant changes may occur after the Fed meeting and for now, trading promotes a range-bound movement.
      Regards, ForexMart PR Manager


    4. #834
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 18, 2019

      After Draghiís speech, the euro major pair lost 50 pips immediately after an hour, which shows the markets reacted strongly to it.

      The euro major pair dropped to some significant levels. Initially, it dropped below the 100- and 200-MA on the 4-hour chart. But then, it didnít succeed to hold above an important horizontal level of 1.1204, which confluence with the 61.8% from the June low. Moreover, the 200-MA declines close on the 4-hour chart.

      A breakout in the important levels would mean the sellers are dominating the trend. The next support level will likely drop to 1.1176, which was previously the support and the March low.

      A breakdown towards the psychological level of 1.1200 is important and opens the possibility to reach as low as 1.1176. On the other end, the resistance level will likely be at 1.1204. Fundamentally, the Fed meeting will play a major role tomorrow and could restrict the downward movement of the pair today.

      ---------- Post added 06-20-2019 at 04:16 PM ---------- Previous post was 06-19-2019 at 04:52 PM ----------

      EUR/USD Daily Analysis: June 20, 2019

      The EUR/USD trend will be relative to traderís sentiment to the level of 1.1307 with an upward momentum. If the price stayed over the level of 1.1318, this would confirm the upward trend. However, there is a chance for the pair to shift downward if they did not succeed to reach the support 50% at 1.1270.

      The common currency is trading above the US dollar and adjust with the chances of a rate cut in July, influenced by a dovish monetary policy of Fed and rhetorics by Fed chair, Jerome Powell. The Fed fund futures also shows that traders places their bets on rate cuts for the months of July, September and December.

      The euro major pair is trading slightly above the level when the ECB President Draghi expressed his dovish sentiments on Tuesday. Hence, it means that markets will either square (close their existing positions) or cover for the rally. However, if the buyers are successful in the level above 1.1348, this can shift the trend.

      Overall, the trend is downward looking at the daily chart. The trend shifted downward when the sellers try to take the bottom level of 1.1204. A breakthrough to 1.1181 would mean a continuation of the descending trend. The major retracement area is around 1.1270 to 1.1318, which can act as resistance.

      A prolonged move above 1.1307 signifies the presence of buyers, which could lead to a short-rally at 1.1318. However, if the market fails to break the level of 1.11307 and consolidate at this level would indicate the presence of sellers.

      The upward momentum can be confirmed of the price movement towards 1.1318 is sustained but could turn downward when the support level fails at 1.1270 (50%).
      Regards, ForexMart PR Manager


    5. #835
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 24, 2019

      The Fed hinted for a decline by 30 bp as the Fed made known their decision to go for a rate cut instead of an increase, which can have a big impact on the markets. Moreover, the bank raised their rates in the previous years without hinting of monetary easing. Yet, the market expects that this can come sooner than expected, which is also reflected in the movement of the dollar.

      Hence, the euro major pair can be in a fragile position where it can move easily with the pending incoming data and any signs of a decline would open sales for the bears. In this view, this can cause a big shift in movement for the currency pair.

      There is light trading for today given the minimal fundamental event, which may last throughout the day. The next important psychological level will probably be around the resistance of 1.1457. Meanwhile, the 1.1347 seems to be an attractive support level, which was the previous high at the beginning of the month. At the same time, a few confluences were seen in the ascending channel.

      The level if 1.1305 is also a probable support level but there is less chance for this. However, short-term dips are needed to sustain the upward momentum. For now, there is no reason for the pair to pull back that low.
      Regards, ForexMart PR Manager


    6. #836
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 25, 2019

      The euro major pair was seen trading a bit lower prior to the opening of the US session. It was able to exceed the peak for five consecutive sessions before its decline. Hence, there is a chance for the common currency to close with the bearish tone with top price reversal. If this happens, the trend could result in a break for two to three days.

      However, a price reversal would not necessarily change the trend downward. On the other hand, it shows that the sales are more ideal compared to buying at the current rate, which in most cases would mean that there is excessive impetus directed upward.

      The main trend shows an upward direction based on the daily chart, which was confirmed by a successful breakout of buyers. Meanwhile, the trend is moving downhill when considering intraday trading when the market has a downward sentiment.

      In case that the price moves to 1.1413, this would mean the dominance of buyers as they try to sustain below 1.1398 in order to have a top price reversal.

      The support levels around retracement area of 1.1318 to 1.1278 should be given importance, which will also affect the short-term direction of the euro major pair.

      Overall, the movement of the pair will depend on the traderís reaction to yesterday's closing level of 1.1398. If the price stays around 1.1398 will signify the presence of buyers while a decline from the said level would signal the dominance of sellers. A breakthrough 1.1413 would emphasize the strengthening of buyers and if there is enough momentum, the price will likely look for a momentum to reach 1.1413. Furthermore, reaching the price level of 1.1448 will shift the trend upward. A price movement sustained below 1.1398 would indicate the presence of sellers with the initial target of 1.1381.
      Regards, ForexMart PR Manager


    7. #837
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: June 27, 2019

      There was less volatility for the euro major pair in the past trading sessions. A significant fundamental report from the US may have an impact on the pair but the focus will be on the expected G20 summit.

      Markets are hopeful that the China-US trade war will be subdued by the summit. The future movement of the dollar is important as the markets focus on the US monetary easing amid the sluggish economy and the existence of trade war.

      The US data will not exactly move the trading pair but experts anticipate the GDP numbers to progress its annualized percent by 3.1%.

      Other reports will probably not influence the movement of the pair such as the weekly unemployment claims report. To be safe, it is suggested to follow the trend. The initial two readings may be against the forecast and at the same time, there were higher revisions last week. Previously, the reading came out earlier than expected.

      At the moment, I would look around the level of 1.1347, which shows a peak in early June and close to the 200-MA on both the daily and weekly charts. For the record, the pair has had three drops at this area.

      The pair has to move above the level of 1.1400 in order to confirm the uptrend, although this has not happened so far as investors wait for the results of the G20 meeting. Moreover, the speeches of Fed members restrained the continuation of a decline. Hence, a driver is needed for a breakout around the range of 1.1385 and 1.1400, whilst the level of 1.1347 remains to be a psychologically important figure.
      Regards, ForexMart PR Manager


    8. #838
      Forex in the blood
      I am:
      ----
       
      kuldeep kale is on a distinguished road kuldeep kale's Avatar
      Posts
      376
      Accumulated bonus
      45 USD (What is this?)
      Thanks
      0
      Thanked 44 Times in 39 Posts

      Default

      Thanks for sharing even fbs also share daily market analysis and i found their analysis is very useful for trading because it is very accurate i use their analysis since 4 months and i found very good profit from their analysis i thinks everyone should try it in demo so they can get experiance about it


    9. #839
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: July 1, 2019

      Volatility is present early this week following the previous range-bound trading of the various instruments in the market in the background of ongoing US-Sino trade talks. News on tariff and restriction to Huawei telecom company pushed the equity markets higher and pressured the dollar. Although, this may not last long.

      Moreover, pessimistic forecasts of several fundamental data such as the Manufacturing PMI from European countries will further weigh on the common currency. This is in line with the global economic situation in China and Japan, as well as other Asian countries.

      The euro major pair has made a significant breakdown today. Other major pairs also experienced such event as seems like a reversal in short-term. However, we should take note of the 200-MA, which is being tested by the US dollar index that could trigger the pair to decline.

      Previously, the center of interest was on the fall of the pair at the level of 1.1347. Aside from it being the resistance level, it had a confluence on the 200-MA on the daily and weekly chart.

      As for the support, there were several attempts until it broke down earlier this day, which can become the resistance level. Staying on the levels below could induce a correction to the pair and likely to rise higher than 1.1385, which will be favorable for the EUR/USD bulls.

      For now, we can expect strong support at 1.1305 with confluence to the 100-MA on the 4-hour chart. Overall, the short-term gives a bearish tone and a breakout to 1.1385 would confirm the continuation of the previously bullish sentiment in the markets.
      Regards, ForexMart PR Manager


    10. #840
      MT5 Rookie
      I am:
      ----
       
      KostiaForexMart is an unknown quantity at this point KostiaForexMart's Avatar
      Posts
      45
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      EUR/USD Daily Analysis: July 2, 2019

      The euro major pair has been the top currency pair for the week so far. Also, the dollar is above the Swiss franc than other major currency pairs while it is not doing well for the Canadian dollar.

      The EUR/USD decline for this week is mainly due to a stronger dollar, following the trade news between China and the US. Also, it seems that the Fed speeches have also limited the earlier rally of the pair in the second half of June.

      Earlier this week, the pair is gaining a downward momentum and dropped below the significant confluence close to support of 1.1350, marking the 200-MA. At the same time, the US dollar index was found to have reached the 200-MA. This opens the opportunity to short the dollar but this is still not yet confirmed.

      The next support level will probably at 1.1365 and gave a significant amount of resistance in the past. Over this area, there is a chance for testing the support level of 1.1237, where there is a lot of confluence and also likely to hold buyers. Nonetheless, the pair is far from plunging lower but we can rely on selling in times of rallies for short-term. The trend will likely go up and the present decline may offer an opportunity for a long trade.

      ---------- Post added 07-03-2019 at 04:28 PM ---------- Previous post was 07-02-2019 at 04:45 PM ----------

      EUR/USD Daily Analysis: July 3, 2019

      This week began with a decline and the momentum of the EUR/USD pair may have lost. The pair closed on a flat after a failed rally higher than the level of 1.1300. The most recent news on the trade truce between the US and China is the root of strength for the dollar but this may not move steadily.

      Another important factor is the gold prices as it moves relative to the economic developments in the US. The yellow metal almost broke down to fresh six year-high that could mean that the increase of the dollar may be almost over.

      Today, data from ADP on employment is expected which will give a hint on the US labor market. Thursday is a holiday and this can bring volatility after the closing of the European session.

      The indicator was seen at the level of 1.1260 and close to the 100-MA. A strong confluence is possible around 1.1265, which can become resistance and was the peak in the month of May. This kept the pair lower after a few tries and was successfully broken at the beginning of June.

      Reaching the level upward to 1.1300 can become difficult. A horizontal level can be at 1.1305 on the daily chart. However, looking at it, a steady move to 1.1300 is needed by bulls.

      On the other end, a breakdown lower than the support confluence with the next target at the horizontal level of 1.1237, which is also where the rising channel moves downward since the low level in May.

      Nonetheless, the US jobs data to be released today and on Friday may cause a bullish reversal. At the same time, trading may be thin given that tomorrow is a holiday.
      Regards, ForexMart PR Manager


    Reply to thread
    Page 84 of 86 ... 79 82 83 84 85 86

    Posting Permissions

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