Instaforex Analysis

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Re: Instaforex Analysis

Postby IFX Gertrude » Tue Nov 19, 2019 11:20 pm

#USDX vs AUD / USD vs NZD / USD vs USD / CAD - H4. Comprehensive analysis of movement options for November 20, 2019 APLs & ZUP analysis

Minuette operational scale (H4) Commodity currencies - Here's a comprehensive analysis of the options for the development of the movement #USDX vs AUD / USD vs NZD / USD vs USD / CAD for November 20, 2019 on the Minuette operational scale forks (H4 time frame)

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US dollar Index

The dollar index continues to remain in the 1/2 Median Line channel (97.65 - 97.92 - 98.15) of the Minuette operational scale forks, respectively, the further development of the #USDX movement from November 20, 2019 will be determined by the development and direction of the breakdown of the above levels. The details of the development are shown on animated chart.

The breakdown of the lower boundary of the 1/2 Median Line channel (support level of 97.65) of the Minuette operational scale forks - continuation of the downward movement #USDX to the equilibrium zone (97.40 - 97.15 - 96.92) of the Minuette operational scale forks.

On the contrary, in case of breakdown of the upper boundary of the 1/2 Median Line Minuette channel (resistance level of 98.15), the movement of the dollar index can be continued towards the goals: control line UTL (98.27) of the Minuette operational scale forks

- local maximum 98.45 - lower boundary of the ISL38.2 (98.50) equilibrium zone of the Minuette operational scale forks - 1/2 Median Line Minuette (98.87).

The markup of #USDX movement options from November 20, 2019 is shown on the animated chart.

Image

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Australian dollar vs US dollar

The development of the movement of the Australian dollar AUD / USD from November 20, 2019 will depend on the development and direction of the breakdown of the boundaries of the 1/2 Median Line channel (0.6812 - 0.6825 - 0.6842) of the Minuette operational scale forks. The details of the development of the boundaries of this channel are presented on the animated chart.

The breakdown of the resistance level of 0.6842 at the upper boundary of the 1/2 Median Line Minuette channel is the continuation of the movement of the Australian dollar to the upper boundary of the 1/2 Median Line channel (0.6855) of the Minuette operational scale forks and the equilibrium zone (0.6865 - 0.6890 - 0.6915) of the Minuette operational scale forks.

However, in the event of a breakdown of the lower boundary of the 1/2 Median Line channel (support level of 0.6812) on the Minuette operational scale, it will be possible to continue the downward movement of AUD / USD to the targets: the initial SSL Minuette line (0.6785) - local minimum 0.6770 - LTL Minuette control line (0.6760) - upper boundary ISL38.2 (0.6745) of the equilibrium zone of the Minuette operational scale forks.

From November 20, 2019, we look at the layout of the AUD / USD movement options on the animated chart.

Image

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New Zealand dollar vs US dollar

From November 20, 2019, the development of the movement of the New Zealand dollar NZD / USD will be determined by the development and the direction of the breakdown of the range :

resistance level of 0.6415 on the control line UTLof the Minuette operational scale forks;
support level of 0.6395 at the upper boundary of the 1/2 Median Line channel of the Minuette operational scale forks.

The breakdown of the UTL control line (resistance level of 0.6415) of the Minuette operational scale fork will determine the continuation of the development of the upward movement of NZD / USD to the equilibrium zone (0.6450 - 0.6475 - 0.6500) of the Minuette operational scale fork.

In contrast, the breakdown of support level of 0.6395 will cause the movement of the New Zealand dollar to continue in the 1/2 Median Line channel (0.6395 - 0.6380 - 0.6360) of the Minuette operational scale forks, and if the breakdown of the lower boundary (0.6360) of this channel takes place, then the downward movement of this currency instrument can continue goals: local minimums (0.6330 - 0.6318) - control line LTL Minuette (0.6300) - 1/2 Median Line channel (0.6275 - 0.6230 - 0.6185) of the Minuette operational scale forks.

From November 20, 2019, we look at the layout of the NZD / USD movement options on the animated chart.

Image

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US dollar vs Canadian dollar

Similarly, the development of the movement of the Canadian dollar USD / CAD from November 20, 2019 will also be due to the development and direction of the breakdown of the range :

resistance level of 1.3210 at the lower boundary of ISL38.2 equilibrium zone of the Minuette operational scale forks;
support level of 1.3200 at the upper boundary of the ISL38.2 equilibrium zone of the Minuette operational scale forks.

The breakdown of ISL38.2 Minuette (support level of 1.3200) will make the development of the Canadian dollar to continue in the equilibrium zone (1.3200 - 1.3180 - 1.3160) of the Minuette operational scale forks followed by the continuation thereof in the 1/2 Median Line channel (1.3160 - 1.3130 - 1.3100) of the Minuette operational scale forks.

On the contrary, the breakdown of ISL38.2 Minuette (resistance level of 1.3210) - the development of the USD / CAD movement in the equilibrium zone (1.3210 - 1.3252 - 1.3295) of the Minuette operational scale forks, taking into account the development of the SSL initial line (1.3262) of the Minuette operational scale forks and the local maximum 1.3270.

From November 20, 2019, we look at the markup of the USD / CAD movement options on the animated chart.

Image

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The review is made without taking into account the news background. Thus, the opening of trading sessions of major financial centers does not serve as a guide to action (placing orders " sell " or " buy ")

The formula for calculating the dollar index:

USDX = 50.14348112 * USDEUR0.576 * USDJPY0.136 * USDGBP0.119 * USDCAD0.091 * USDSEK0.042 * USDCHF0.036.
where the power coefficients correspond to the weights of the currencies in the basket:
Euro - 57.6%;
Yen - 13.6%;
Pound Sterling - 11.9%;
Canadian dollar - 9.1%;
Swedish Krona - 4.2%;
Swiss franc - 3.6%.

The first coefficient in the formula leads the index to 100 at the start date of the countdown - March 1973, when the main currencies began to be freely quoted relative to each other.

Analysis are provided byInstaForex.
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Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Gertrude » Wed Nov 20, 2019 9:42 pm

Trading idea for the AUD/USD pair

Good evening, dear traders! The growth of AUD / USD is what is interesting today. As we remember, unemployment data was published in Australia last week on November 14, to which this instrument reacted negatively: the AUD/USD currency pair was declining throughout the whole day. An important detail is that during the fall, an important extreme at 0.6810 was updated. Thus, I believe that this was a culmination of the downward trend in November, and given the reaction of the Australian dollar to this week's news, I think that local growth is possible to the level of 0.6843, which is the news' high on Wednesday. Now, why exactly this level? It's simple - every seller who believes in a further fall of this instrument will clearly depend precisely on the news impulse on November 14, so the price can go there with a high degree of probability.

[IMG]https://forex-images.ifxdb.com/userfiles/20191121/analytics5dd5cf772d1f3.png
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Recommendation: try to buy in order to update the level of 0.6943. At the same time, losses can be limited to the lowest level of 0.6788 - there is no sense in holding purchases below, and in case of updating this minimum, the bullish scenario can be considered invalid.

Wishing you all success in trading and huge profits!

Analysis are provided byInstaForex.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Yvonne » Fri Nov 22, 2019 3:50 am

GBP/USD approaching support, potential bounce!


Price is approaching our first support where we are expecting a bounce above this level.

Entry: 1.28978

38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support

Take Profit : 1.29731

Why it's good : 78.6% Fibonacci retracement, horizontal swing high resistance


Image


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

Postby IFX Gertrude » Mon Nov 25, 2019 12:31 am

GBP/USD approaching resistance, potential drop!

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Price is approaching our first resistance a 1.28722 where we are expecting a drop to our first support level at 1.27697.

Entry: 1.28722
23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance
Take Profit : 1.27697
Why it's good : horizontal swing low support

Analysis are provided byInstaForex.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Gertrude » Mon Nov 25, 2019 10:28 pm

Developing USD/CAD pair and trading idea

During the previous recommendation on Friday,it is advised to develop the pair at least on a false breakdown of the level of 1.3269. Actually, this is exactly the outcome we are observing - on the news, this level was falsely broken, and thus, the recommendation completely justified itself. The plan was this:

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Thus far, the intrigue of the instrument continues. False news breakdown of this level provides a good opportunity for the development of further medium-term upward trend. Since the end of October, there has been a prolonged upward trend on for this instrument, and the probability of its continuation is still high. For this reason, there is another recommendation for the same instrument today. I believe that the development will continue to a minimum to the level of 1.3326. Therefore, you can try to buy with a goal of updating it, limiting the risks at the price of 1.3254, since it makes no sense to keep purchases below the news last Friday. Updating Friday's minimum - the bullish scenario will be completely canceled.

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Wishing you all success in trading and huge profits!

Analysis are provided byInstaForex.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Gertrude » Wed Nov 27, 2019 12:20 am

Take profit on AUD/USD pair

Good evening, dear traders! Congratulations to those who took advantage of our trading idea for the AUD/USD pair, which was provided last November 25.

Let me remind you that the idea was to develop the lower daily area in a downward trend:

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As you can see, the first goal is taken:

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The collapse did not follow, so I recommend taking profits.

Good luck in trading and see you tomorrow morning!

Analysis are provided byInstaForex.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Gertrude » Thu Nov 28, 2019 12:22 am

Forecast for EUR/USD on November 28, 2019

EUR/USD
On Wednesday, US statistics continued to delight investors and markets swayed towards the dollar. The euro lost 22 points. GDP for the third quarter amounted to 2.1% against the expectation of 1.9%, the volume of orders for durable goods increased by 0.6% in October against the forecast of -0.5%,

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On the daily chart, the price went below the MACD indicator line. If today closes with a black candle, then the price will consolidate below it with the prospect of a medium-term decline. The immediate goal of this movement at 1.0925 is the lowest level of September 3 and 12. In the four-week period, the price of 1.0720/30 can be reached - the lower line of the blue price channel (visible on a very tight chart). The Marlin oscillator lies in the horizon in the negative trend zone, volatility is likely to be low in the thin market today.

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On a four-hour chart, the price has consolidated under the blue line of MACD. The range between the levels of 1.0985-1.1026 is likely to be today (perhaps even tomorrow) a consolidation zone.

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Re: Instaforex Analysis

Postby IFX Gertrude » Fri Nov 29, 2019 1:51 am

Why didn't the oil go upwards? Volume analysis for oil

Good evening, dear traders! Yesterday, we gave a trading idea for the growth of oil but paid attention to the evening news on oil reserves in the United States. Let's analyze this situation on volumes.

During the time of the opening of Europe, the price immediately went up and while it is on the way to the maximum of 58.74, there was another extremum - 58.56. At the breakdown of which, there was practically no doubt about the further increase in price. Looking at the chart, even the trend line up indicates purchases. However, It is very important that all this happened in the middle of the European session and before the release of the weekly news on Oil Reserves for about another 5 hours. That is, everyone only sees purchases.

At the time of the opening of the American session, there was also no increase in prices. Although the upward trend still remained, which added confidence in the growth.

In addition, at the time of the news release, summing up all mentioned above, the state of the price was such that all liquidity was not up, but, on the contrary, at the bottom with the nearest targets 58.13 and the American session of the previous day which is 57.76.

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Oil's approach to the maximum in Europe:

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Thus, the Europeans simply didn't have the courage to collect stocks before the reserves. Nevertheless, the stocks themselves came out large, which led to the sales of black gold.

This analysis is based on the US oil futures.

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Re: Instaforex Analysis

Postby IFX Yvonne » Mon Dec 02, 2019 3:12 am

Important intraday Level For EUR/USD, December 02,2019

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When the European market opens, such economic data as Final Manufacturing PMI, German Final Manufacturing PMI, Italian Manufacturing PMI, French Final Manufacturing PMI, and Spanish Manufacturing PMI will be unveiled. The US will publish such eocnomic reports as ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI.So, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.1073.

Strong Resistance: 1.1067.

Original Resistance: 1.1056.

Inner Sell Area: 1.1045.

Target Inner Area: 1.1019.

Inner Buy Area: 1.0993.

Original Support: 1.0982.

Strong Support: 1.0971.

Breakout SELL Level: 1.0965.


(Disclaimer) *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Best Regards,
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Re: Instaforex Analysis

Postby IFX Gertrude » Tue Dec 03, 2019 12:57 am

Control zones for USD/CAD on 12/03/19

During the second week, the pair is trading within the accumulation zone. This makes it possible to consider weekly extremes for finding entry points. The upper boundary is the maximum of the last week, which coincides with the Weekly Control Zone 1/2 1.3328-1.3319. Now, testing this zone will be decisive for the entire upward movement of the last month.

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Working within the framework of the flat implies partial consolidation of transactions during tests of significant extremes.

An alternative model will be developed if the closure of today's trading occurs above the Weekly Control Zone 1/2. This will open the way for further growth. The nearest goal, in turn, will be the maximum of October. The test of which will increase the probability of a large offer.

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Daily CZ - daily control zone. The zone formed by important data from the futures market that changes several times a year.

Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.

Monthly CZ - monthly control zone. The zone that reflects the average volatility over the past year.

Analysis are provided byInstaForex.
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