Wave Analysis from InstaForex

JacksonZWDed · Jul 5, 2022

InstaForex Gertrude · Jul 5, 2022

Forex Analysis & Reviews: Forecast for EUR/USD on July 5, 2022

In the absence of American players on the market yesterday, the euro did not fall, and growth is planned this morning. The correction will probably continue to the target level of 1.0493 with a slight overlap, until the MACD indicator line of the daily scale (1.0515) is worked out.

The daily Marlin Oscillator is turning up, helping the correction. From the indicated resistances, a price reversal to the target level of 1.0340 is likely. If the price settles above 1.0493 (this is an alternative), the price will continue to rise to the target level of 1.0600. Yesterday's small attempt to increase the price was stopped by the MACD indicator line of the four-hour scale. The Marlin Oscillator is currently crossing the border with the territory of the growing trend, which helps the price to re-attack the MACD line (1.0454). Breaking this line will open the 1.0493 target.

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

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 6, 2022

Forex Analysis & Reviews: Forecast for EUR/USD on July 6, 2022

The euro fell 158 points yesterday, leaving the nearest support at 1.0340 far behind. The decline in the euro was qualitative - the fall occurred in all major stock exchange values: Dow Jones -0.42%, EuroStoxx50 -2.68%, oil -8.34% (WTI), the yield on 5-year US government bonds decreased from 2.91 % to 2.82%.

The fall in the Eurozone Composite PMI for June from 54.8 to 52.0 added to this. Obviously, the price is now facing the 1.0170 target. We are waiting for a correction from this level, and then again a decline to a new bearish target of 1.0020. The price fell with a reversal from the MACD indicator line on a four-hour scale. The price settled under the level of 1.0340. The Marlin Oscillator is rising slightly correctively, after which it will be ready to continue the decline along with the price.

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

Analysis are provided by InstaForex

Read More

IFX Yvonne · Jul 7, 2022

GBPUSD Potential For Bearish Continuation | 7th July 2022

On the H4, with prices moving below the ichimoku indicator and within the descending channel, we have a bearish bias that price will drop from our 1st resistance at 1.19313 where the horizontal pullback resistance and 61.8% fibonacci projection are to our 1st support at 1.18235 where the 161.8% fibonacci extension, -61.8% fibonacci expansion and 61.8% fibonacci projection are. Alternatively, price could rise to 2nd resistance at 1.19762 in line with the pullback resistance, 100% fibonacci projection and 38.2% fibonacci retracement.

Trading Recommendation

Entry: 1.19313

Reason for Entry:

Horizontal pullback resistance

Take Profit: 1.18235

Reason for Take Profit:161.8% fibonacci extension, -61.8% fibonacci expansion and 61.8% fibonacci projection

Stop Loss: 1.19762

Reason for Stop Loss:

Pullback resistance, 100% fibonacci projection and 38.2% fibonacci retracement

JacksonZWDed · Jul 8, 2022

InstaForex Gertrude · Jul 8, 2022

Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for July 8, 2022

We are looking for a break below support at 159.98 to confirm that the X-wave has peaked at 168.98 and wave Y now is in motion towards the 150.09 target and possibly even lower to the 61.8% corrective target near 145.72.

We expect minor resistance at 164.62 will be able to cap the upside for a break below support at 159.98 confirming the next part of the decline towards 150.09. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Analysis are provided by InstaForex

Read More

JacksonZWDed · Jul 9, 2022

-, :
2.0

?

, , , , , .

SEO
SEO- - .

, - .

, , SEO SEO, , - -, .

b51fc7b

2w@=

InstaForex Gertrude · Jul 11, 2022

Forex Analysis & Reviews: Technical Analysis of GBP/USD for July 11, 2022

Technical Market Outlook: The GBP/USD pair has retraced 61% of the last wave down and hit the level of 1.2054, however after the pull-back the bulls are still trying to resume the bounce. Despite this bounce, the weak and negative momentum on the H4 time frame chart supports the bearish outlook. The supply zone located between the levels of 1.2160 - 1.2187 is still the main short-term obstacle for bulls that needs to be broken if the rally is expected to be continued.

Weekly Pivot Points:
WR3 - 1.2601
WR2 - 1.2311
WR1 - 1.2169
Weekly Pivot - 1.2022
WS1 - 1.1879
WS2 - 1.1732
WS3 - 1.14433

Trading Outlook: The price broke below the level of 1.3000 quite long time ago, so the bears enforced and confirmed their control over the market in the long term. The Cable is way below 100 and 200 WMA , so the bearish domination is clear and there is no indication of trend termination or reversal. The bulls are now trying to start the corrective cycle after a big Pin Bar candlestick pattern was made on the weekly time frame chart. The next long term target for bears is seen at the level of 1.1989. Please remember: trend is your friend.

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

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 12, 2022

Forex Analysis & Reviews: Forecast for EUR/USD on July 12, 2022

The euro fell by 146 points on Monday and almost reached the target level of 1.0020. The Marlin Oscillator has shown a small reversal from the oversold zone and the price is close to correction, but if the target level of 1.0020 is overcome, then the bears' last effort may reach the target of 0.9950. Further, a correction to the area of 1.0100/70 is likely.

A more aggressive price decline is possible, in this case, the price could reach the 0.9850 target, and then we are waiting for a correction to 1.0020. The main scenario is marked with dotted lines on the four-hour chart. According to this plan, the price will reach the nearest target level of 0.9950, the Marlin Oscillator will form a convergence with the price, and the correction will focus on the MACD indicator line (1.0170 or slightly lower).

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 13, 2022

Forex Analysis & Reviews: USDCHF, Potential For Bullish Bounce | 13th July 2022

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 0.97233 where the horizontal pullback support is to our 1st resistance at 1.00485 in line with the 100% Fibonacci projection is. Alternatively, price may not break 1st support and head for 2nd support at 0.95268 where the horizontal pullback support.

Trading Recommendation
Entry: 0.97233 Reason for Entry: Horizontal pullback support Take Profit: 1.00485
Reason for Take Profit: 100% Fibonacci projection
Stop Loss: 0.95268
Reason for Stop Loss:Horizontal pullback support

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

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 14, 2022

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

Yesterday, the euro traded in a wide range at the support of 1.0020. As a result, the day ended with a white candle of 20 points. This morning the white candle is already covered by the black one, the price is trying to consolidate under the target level of 1.0020. Consolidating below the level opens new bearish targets: 0.9950 and 0.9850.

The signal line of the Marlin Oscillator is developing in its own descending channel on a daily scale. Now there is a slight rebound of the signal line from the lower border of the channel and the prospect of further decline is not great. With the price reaching 0.9850, a deep correction is likely, about three figures. Yesterday's range did not come out of the downward trend on the four-hour chart - the upper shadow was limited by the balance indicator line. The Marlin Oscillator briefly went into the positive area, now it is falling again in the negative area. There is room to move down.

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

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 15, 2022

Forex Analysis & Reviews: Forecast for EUR/USD on July 15, 2022

Yesterday, the euro fulfilled its task - it reached the target support of 0.9950. But the price did not settle under 1.0020 on a daily scale. The signal line of the Marlin Oscillator, having turned up from the lower border of its own descending channel, continues to grow.

Tension is being created on the market, which may turn into a corrective growth up to 1.0170. Visually, at this moment, the oscillator line will touch the upper border of the channel. If the movement of the price and the oscillator are synchronized by that moment, we expect a reversal into a new downward wave from 1.0170. If the price can overcome the support at 0.9950 immediately, then the next target will be the level of 0.9850.

The H4 chart also shows the tension and ambiguity of the situation. The Marlin Oscillator took a neutral state near the zero line, the price returned to the consolidation range on the 12th-14th. It is possible that a full-fledged correction will not take place, the growth can be stopped by the MACD indicator line (1.0105), then the price stop at 1.0020 will continue in the form of a normal consolidation. In this situation, it is advisable to wait a bit, perhaps wait out the correction in order to resume short positions with less risk.

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

Analysis are provided by InstaForex

Read More

JacksonZWDed · Jul 18, 2022

InstaForex Gertrude · Jul 18, 2022

Forex Analysis & Reviews: Forecast for GBP/USD on July 18, 2022

The British pound's growth from last Friday amounted to 42 points. This morning, the pound added another 32 points, coming close to the upper border of the descending wedge on the daily scale chart. Consolidating above it will open the way to the 1.2073 target level. The Marlin Oscillator is set strongly up. Its signal line has already gone above the sloping resistance line.

The price's exit from the wedge can transform it into a normal descending channel, the upper hypothetical border of which is indicated on the chart in light green. It will be a complex and ambiguous growth. The Marlin Oscillator is growing in the positive area on the four-hour chart, there is not much left to the MACD line (1.1925). The exit above the line will give the corrective growth an additional charge of optimism. The target will be resistance at 1.2073.

Analysis are provided by InstaForex

Read More https://ifxpr.com/3PbZU5M

JacksonZWDed · Jul 18, 2022

InstaForex Gertrude · Jul 20, 2022

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

Yesterday's rumor in the media about the likely increase in the European Central Bank rate on Thursday by 0.50% against the expected 0.25% strengthened the corrective growth of the euro, and with growth in other markets. This news was superimposed and another - the central bank of Switzerland may raise the rate by 0.50-0.75% in September. The US stock index S&P 500 jumped 2.76%.

Since we consider the euro's growth to be corrective, and the correction from the movement from May 30-31, the target levels are the following: 1.0360 - a low of June 15, 1.0470 - a low of April 28 (or June 22), 1.0600 - resistance June 16-28.

The Marlin Oscillator has left its downward channel to the upside, its potential for further growth does not look very large, since the growth is steep and it will quickly reach the overbought zone.

The price is growing above the balance and MACD indicator lines on the four-hour chart, the MACD line itself (blue) is turning into growth. The Marlin Oscillator fell a bit on the approach to the overbought zone and is ready to continue moving up. We are waiting for the development of growth to the first target at 1.0360. The daily scale MACD line approaches it. It is possible that all this investor optimism will end even at 1.0360.

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

Analysis are provided by InstaForex

Read More

JacksonZWDed · Jul 21, 2022

InstaForex Gertrude · Jul 21, 2022

Forex Analysis & Reviews: Forecast for GBP/USD on July 21, 2022

The British pound has already tuned in to a breakthrough to the upside, it is only waiting for a signal from external markets. But in order to justify the optimism, the price needs to settle above the MACD line and the target level of 1.2100. Then the first growth target will be the level of 1.2250. But, despite the strong desire of the Marlin Oscillator to get ahead of the price movement, it still remains in the downward trend zone.

In order to support the price, the Marlin of the daily scale should move into the positive area. A reversal into a new wave of decline may follow from the level of 1.2100. The British currency is completely in an upward position on the H4 chart: the price is turning above the balance and MACD lines, the Marlin Oscillator is also turning up without leaving the rising trend zone. The departure of the price under the MACD line (1.1920) will be the beginning of the downward movement in the medium-term.

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

Analysis are provided by InstaForex

Read More

InstaForex Gertrude · Jul 22, 2022

Forex Analysis & Reviews: Forecast for EUR/USD on July 22, 2022

Yesterday, the European Central Bank raised the main rate from 0.00% to 0.50%. Preliminary preparation of the market through the media was successful - by now the euro is at the level of the ECB release - market participants were not inspired by this decision. As a result, we observe the traditional market rule - if the asset does not grow, then it will fall.

For a medium-term fall of the euro, you need to go under the support level of 1.0150. Targets will open: 1.0020, 0.9950, 0.9850. The Marlin Oscillator is turning down on its approach to the neutral zero level. The signal line of the oscillator fits into the framework of the descending channel.

The price is still above the balance and MACD indicator lines on the H4 chart. The MACD line already cancels the intention to turn up, now it is moving horizontally. The Marlin Oscillator, after sharp fluctuations above the zero line, breaks it down. We are waiting for further development of the euro's downward movement. Supports: 1.0150, 1.0092, 1.0020, 0.9950

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

Analysis are provided by InstaForex

Read More https://ifxpr.com/3z1xk0c

JacksonZWDed · Jul 24, 2022

Wave Analysis from InstaForex

Member

Active member

Active member

Member

Member

Active member

Member

Active member

Active member

Active member

Active member

Active member

Member

Active member

Member

Active member

Member

Active member

Active member

Member