Daily market analysis

Market analysis 03.04.2018

EURUSD
Long-term ascending trend is still in a work. Bounced off the lower edge of channel, price shiftly went to the up. Consolidation on 1.1910 continues. Probably, this level will be smashed untill the end of day and price will move to the side of 1.1960 and 1.1980. The newt an approach to take 1.2020 range area will perceed.
GBPUSD
Starting from 1.3220 level, the Pound will assurealy grow up. Price for now bounced off from 1.3550 and went to a correction. But we wait the further grow in a perspective. Price aima 1.3620 and 1.3665.
AUDUSD
We wait until one more test of the 0.7640. But, it is possible, only if Friday will close upper the support level around 0.7535. In a case when this level will be smashes, the long-term dropping will follow on.
NZDUSD
Ascending correction sttoped on the upper edge of the channel, on 0.6940 level and bounced down. Resistance level in a particular time reflects 0.6875 mark. Under a fact of its passing and rebounce, it is probable to make some conclusions on the further growing and falling of the price, correspondently.
USDCAD
Price on a Canadian dollar suraly grows to 1.2665 level. Test of 1.2910 is extected. In a case of a breakdown, grow to 1.3120. Only by Friday's totals, resistance will be passed and correction to 1.2810 is expected.
USDCHF
Trading is going in a mid-tern descending channel. On a particular moment a cosolidation on 0.9835 level occurs. And entry to the upper edge is not excluded, near 0.9860 region, after what a bounce to 0.9770 will be on.
USDJPY
Mid-term drop turned in a short-term grescend trend. In a present moment consolidation on 112.60 level. Test of 112.75 level could found in the closest time with a probable breakout and a further grow to 113.20 and 113.75
USDRUB
A descending short-term channel get stuck and it risks to change its vector. Consolidation and test of 58.52 - a mirror level, which was already broken and it acts as a support level. If it would be broken finally to the ground, the next obstackle for the falling will be 58.40 - the stronger level. So afters test and rebounds, price will go ahead

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Daily market analysis 02.04.2018

EURUSD

Descending correction to the 1.1980 range area. But price still moves in an ascending trend, so it would be better to wait for testing of a lower edge of the channel, which is on 1.1840 after a passing of which you can judge a further moving. Otherwise, a hard bounce will proceed, and in a case of breakdown, changing of the trend might be seen.

GBPUSD

There was a rebound from the level of 1.3342, which led to a long downward correction. The nearest targets are 1.3270, 1.3220. However, the long-term trend is still moving up.

AUDUSD

The price moves within the short-term uptrend, which, in turn, has not yet managed to go beyond the long-term bearish trend (which continues since September). But attempts are already being made. The level of 0.7640 is persistently tested. But each time the resistance proves too strong and it does not come out yet.

NZDUSD

As in the case of the Australian, the New Zealand dollar tends to exit the descending channel, but rests against a complex level of 0.6940. Bounces from it are not too strong, but here in the case of penetration - has a chance to form an upward trend.

USDCAD

The downward correction paused on strong support at 1.2665. This level has repeatedly advocated both support and resistance lines. Therefore, the probability of rebound and further growth is very high. But in order for the uptrend to be confirmed, it is necessary to break through 1.2810. If the level of 1.2665 is broken through - we consider further movement within the downtrend.

USDCHF

Consolidation is continuing at 0.9815. A false test was conducted, but so far the trade continues to develop in a downward channel.

USDJPY

Consolidation, with attempts to break through the level of 111.31 and get out of a steep fall. But while this level is quite strong resistance - and the price continues to fall. The nearest target after the rebound is 110.70. In the case of penetration - 111.90.

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Market analysis 30.03.2018

EUR/USD

After a failed test around 1.1734, Euro is rising actively. The level of 1.1840 is currently testing – it is quite significant level that has beaten off the price couple times. Most likely, there will few more approaches to that level with a bounce to the down, and then a breakout still.

GBP/USD

The price holds on 1.13310 level after a couple of failed tests, but there wasn’t any final breakout. In a case of that, the further growing stretched up to 1.3330 position, where the following correction will follow, could be expected. And in a case of bounce off – could be a hard drop.

AUDUSD

Trend changed and the currency rose up after a long falling. On a current moment, a failed test took place under the level 0.7515 and another one approach to the barrier is expected. Turning of the trend will try to fastener left positions, after which is a high probability that a level will be smashed already today.

NZDUSD

With background of a very low volatility, business of NZD is much worst that USD has. After a failed test on the upper edge of a channel, a very strong bounce is expected on that terms with weighty recession, only after what this currency pair could try to stand on feet again.

USD/CAD

Middle-term ascending channel gone for a correction but later it came back to a usual bullish trend. The 1.1665 level was smashed and in a particular moment, it plays a role of a quite powerful support.

USD/CHF

Most likely, that after a sudden consolidation we will see an approach to the upper edge of a channel, but now tendency remains on a seller’s side. The closest aims are – 0.9860 and 0.9880.

USD/JPY

Trading day was going with a very low volatility in the bounds of consolidation. A possible correction to the up is expected after which trend is gone into recession. Turning wouldn’t be expected at least till breakout of 114.51.

USD/RUB

This pair is near 58.3760 level that connects with divergent ion of volumes, but for this part of the graph, sudden turnings of the price are often happened. That’s why short-term traders should be really careful.

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Market analysis on 29.03.2018

Market analysis on 29.03.2018

EURUSD

Starting from 1.1573, rising of the price begins. Support line goes close to 1.1734. Awaiting of the level test of 1.1880 is on. Considering the latest falling of the dollar, it is a high probability of breaking out up to 1.1880.

GBPUSD

Stretched consolidation on the 1.30085 level is over, and prices confidently rush up. An important level for the last time performs on 1.3270 range zone. For a particular moment, it had been broken and it acts as a support line now.

AUDUSD

Reached the 0.7535 level, the price turned around for an up-going trend. On the 0.7573 level evoking of the support line is showing. In a case of a successful test of 0.7640, you might speak of returning of the trend.

NZDUSD

But a New Zeelan dollar counterpart has already turned and has broken the upper line of the trend. So, here is possible to speak of fast consolidation and continuation of rising of the price. USDCAD

Short-term tendency changed again to the bearish side. It was not possible to pierce the upper edge of a channel near 1.2810, so the price continued to crawl slowly to the down.

USDCHF

Here is also noticeable short-term inclined trend. Not only for a one time the price fought back from 1.0038, 0.9997 and 0.9941 levels and now it is quite assertively going to recession. On 0.9770 levels, bounce and correction should be expected.

USDJPY

Short-term ascending correction has stopped on 113.75 level, after what a strong recession began. A falling up to 110.70, 108.80 also should be expected, after what level test and correction to up is possible.

USDRUB

A serious turning of the trend is seen. Support level 58.3760 has been already pierced and the price marched to the down. The closest testing level is 58.1220. There could be a little bounce and correction up to 57.3480.

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Market analysis 28.03.2018


EURUSD
After a bounce from 1.1840, the currency rate laid across support line. And the price didn’t move from this threshold anymore, so the next retracement to the up should be expected. Or a double top and a harder bounce.
GBPUSD
Consolidation continues below the 1.3269 resistance line. It is predicted bounce up to 1.3150 in a closest time. But in a long-trend it is still traced an ascension of the price. Nonetheless, its reality is possible only in a case of breakdown the 1.3270 barrier.
AUDUSD
The bearish trend continues. It was seen a double top in the 0.75355 region, and little bounce somewhere to the 0.7630 is predicted.
NZDUSD
Traditionally, this picture recognizes an Australian Dollar counterpart. Short-term up-going correction from 0.6810 will probably bounce off 0.6850. The closest aim for the test and a possible coming is 0.6875 range zone.
USDCAD
This pair is moving in an average bullish trend, bouncing off the lower bound of the channel. In a case of a breaking of the 1.2810, a high probability of a further rising might be expected with a correction in the 1.29 region.
USDCHF
Ascending correction has stopped on a point 1.2940. Until this level doesn’t smash up, a chance of a trend turning is possible.
USDJPY
Inclining correction continues that have stuck under 113.20 level. There was a double top. An average bearish trend is seen in the nearest future.
USDRUB
After bounce from 60.4079 an inclined correction began and it was so vivant that it risked to turn into a bearish trend. Will be that held or no could be seen by the fact of passing the 58.79935 level. Rebound to the bottom will be a return to a rising of the price, but a break will be an onset of inclined trend.

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Weekly market analysis

Weekly market analysis 26.03.18 – 01.04.18

EURUSD

It seen the long-term ascending trend on the Euro/Dollar currency pair. An important level near 1.1835 performing as a support line in the closest terms was smashed. So, price will down the correction value up to this trend.
GPBUSD
Long-term consolidation of the value alongside the lowest edge of the ascending channel was added with often bounces to the up, which gave to sellers a self-assure bullish trend. Under the fact of passing the test of the upper edge of a long-tern trend could be seen the further rising of the price, which has been fought for a couple times of the current trend already. In this case, the test is expected on the 1.3405 range area.

AUDUSD

The AUD/USD was moving in a quite interested way. If you look upon the upper edge of the channel, you will see two descending short-term trends slip by one ascending. However, the lower edge is acting in a stable way to the up in bounds of an average trend. You should expect test of an ascending line for a particular moment aiming 0.7465 range line. In a case of breakout to the bottom, you might be speaking of turning around bearish to the bullish on average terms.

NZDUSD

After 0.7562 mark, the price suddenly turned around to the down and it continues dropping still. The level around 0.6860 was broke, but the price did not handle and it showed the failed test obviously. A turning around to an ascending trend is expected in the nearest future.

USDCAD

An ascending correction slowed in a region of 1.2760. As the global trend was lest bearish, there is a good chance to bounce to such aims, as 1.2665 and 1.2458.

USDCHF

After breakout the support level near 0.9857, the price followed dropping with the nearest threshold close to 0.9772, which is seen as a support and a resistance level.

USDJPY

Bounce to the 114.40 level is seen on the shortest term with the closest aim near 108.75. There are strong probabilities to bounce on this level, but for now the bearish trend looks very certain. Probable, correction on 112.75 and 112.20 levels will lead in nearest time, but after what a values return back to a ascending trend.

USDRUB

Bounce to a resistance 60.6526 line occurred a return with a breakout 59.5703, which is a support level. A common attention is chained to the 58.3853 level, where a test should be tested.

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Weekly market analysis 20.11.2017-24.11.2017

EUR/USD The pair of EUR/USD reached 1.2089, but then a trend tured down. And a smashing of lines on a level 1.1715 - 1.1620 is a true signal of on-going correction phase that is moving down.  Despite of adouble bottom and a turning around to the side of an active trend, the further moving of the price inclines to a bear trend that could appear in a case of smashing 1.1568 range.
GBPUSD   A stable support on a level of 1.3040 was noticed. Currentle, the up-going tendency is senn, but it is expected one more approach to a support level, after what a serious bounce tearing uo the 1.3275 could be act
AUDUSD The bear trend was hugely developed after smashing the 0.76 level.  A little bounce could be expected around 0.7485 level, but, for now, everything indicates on a tearing of that level.
NZDUSD A general picture traditionally recognizes the Australian dollar, and we see a serious falling and a slow approaching to a significant mark 0.6815. An opportunity of consolidation is seen, as well as bounce and up-going correction.
USDCAD The 1.2760 support line has stopped the falling of the price. And after a false test, turning to a bull trend began. However, considering a low volatility, there is no much hope on a long-term up-going tendency. Perhapse, a return to 1.26-1.25 lines is expected and, in a case of snashing the last on, a strong falling. But a bounce could bring the value to 1.30-1.31 levels.
USD/CHF Up-going trend turned around to a correction side on 1.00395 range area and ge stuck under the 0.9950 level. Possible, another one approach to a level, after which a bounce is will follow and continue low-going trend up to 0.97 level. If this threshold will be broken, then a falling continues and the price holds above the level for a some time. But a bounce is also possible, still to the 0.9950 side.
USD/JPY A bull trend stuck again to a 114.41 level, from where it can be sent to the bottom for a correctioin. Perhapse, a declining to the 108.76 could be seen, after a false test, price of which will continue to grow.
USD/RUB An inclined trend is severly stuck under 60.65260 level, which is hard to be broke. It is expected few more approaches to the level with a possible bounces to 57.42036 or even 55.85030.

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