Instaforex Analysis

[IFX Gertrude]

Dear forum members,

Me and my colleagues are going to provide you with the latest analysis reviews. Please, follow our analysis and you will be informed about Forex. Hope, our reviews will help you to increase the efficiency of your trading.

The source is instaforex.com.

[IFX Gertrude]

EUR/USD technical analysis for February 27, 2013



DESCRIPTION:
The bearish momentum for this currency is still in a healthy condition. The pair will try to reach the target at 1.3025, as long as 1.3125 is not touched. If the pair touches it, then there will be downside momentum for this currency pair.

Recommendation:
Sell stop (pending order) at 1.3025.
Take profit 1 at 1.2993.
Take profit 2 at 1.2941.
Stop loss at 1.3078.
Alternative:
Buy stop (pending order) at 1.3073.
Take profit 1 at 1.3085.
Take profit 2 at 1.3105.
Stop loss at 1.3053.

More analysis - at instaforex.com

[IFX Gertrude]

AUD/USD technical analysis for February 28, 2013



Recommendation:
Sell stop (pending order) at 1.0249.
Take profit at 1.0235.
Stop loss at 1.0259.
Alternative:
Buy stop (pending order) at 1.0276.
Take profit at 1.0290.
Stop loss at 1.0266.

More analysis - at instaforex.com

[IFX Gertrude]

EUR/USD technical analysis for March 04, 2013



RECOMMENDATION:
SELL stop (pending order) at 1.2998.
Take profit 1 is at 1.2983.
Take profit 2 is at 1.2960 (optional).
Stop loss is at 1.3021.
Alternative:
BUY stop (pending order) at 1.3049.
Take profit 1 is at 1.3078.
Take profit 2 is at 1.3124 (optional).
Stop loss is at 1.3003.

More analysis - at instaforex.com

[IFX Gertrude]

AUD/USD technical analysis for March 05, 2013



RECOMMENDATION:
SELL stop (pending order) at 1.0199.
Take profit is at 1.0185.
Stop loss is at 1.0209.
Alternative:
BUY stop (pending order) at 1.0226.
Take profit is at 1.0240.
Stop loss is at 1.0216.

More analysis - at instaforex.com

[IFX Gertrude]

GBP/USD technical analysis for March 6, 2013



RECOMMENDATION:
Buy stop (pending order) at 1.5151.
Take profit at 1.5165.
Stop loss at 1.5141.
Alternative:
Sell stop (pending order) at 1.5124.
Take profit at 1.5110.
Stop loss at 1.5134.

More analysis - at instaforex.com

[IFX Gertrude]

GBP/USD intraday technical analysis and trading recommendations for March 7, 2013



The price around 1.5300 marks the upper limit of the consolidation pattern above 1.5075. Hence, formation of a lower high around 1.5220 followed by breakdown below 1.5075 is enhancing the bearish sentiment of the market.

Also, the daily closure which was observed on Friday then yesterday implies continuation of the sell-off afterwards provided that the pair remains below 1.5075 (the lower limit of the range). However, reconsolidation above 1.5075 enabled the pair to make corrective bullish move towards 1.5160 then 1.5200 where another bearish rejection took place on Tuesday.

The bearish breakout, that took place last week, will probably be targeting 1.4880.

The first strong support will then be encountered at 1.5000, then 1.4855 if the current bearish movement remains intact this week.

More analysis - at instaforex.com

[IFX Gertrude]

AUD/USD Technical Level for March 08, 2013



RECOMMENDATION:
SELL Stop (Pending Order) @ 1.0249.
Take Profit @ 1.0205.
Stop Loss @ 1.0279.
Alternative:
BUY Stop (Pending Order) @ 1.0276.
Take Profit @ 1.0290.
Stop Loss @ 1.0266.

More analysis - at instaforex.com

[IFX Gertrude]

AUD/USD technical levels for March 11, 2013

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RECOMMENDATION:
BUY stop (pending order) at 1.0226.
Take profit is at 1.0240.
Stop loss is at 1.0216.
Alternative:
SELL stop (pending order) at 1.0199.
Take profit is at 1.0185.
Stop loss is at 1.0209.

More analysis - at instaforex.com

[IFX Gertrude]

EUR/JPY Elliott Wave analysis for March 12, 2013



Today's support and resistance levels:
S1: 125.35 R1: 126.03
S2: 124.79 R2: 126.57
S3: 124.19 R3: 126.94

Technical overview:
With the break above our invalidation point at 125.89, we have to conclude that wave 4 did indeed terminated at 118.73, short of the ideal target at 117.28. So, our focus will again be on the upside as wave 5 develops. The first target for wave 5 is at 131.39, where wave 5 will have travelled 38.2% of the distance from the bottom of wave 1 to the top of wave 3. That said, we do think that 50% or even 61.8% targets at 135.36 and 139.32 will more likely be seen. In the short term, we should be looking for wave ii of 5, which should be our entry for the next powerful rally higher. Before we see wave ii of 5 begins, we may see one last minor rally higher towards 126.75, from where wave ii down to at least 123.80 should be expected.

Trading recommendation:
Our stop at 125.95 was hit and we will now be looking for a buy opportunity when wave ii of 5 develops.

More analysis - at instaforex.com