Daily analysis of major pairs for January 5, 2016
January 5, 2016 9:00 amVideo
Latest News
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
- Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024
- USD/JPY in crisis April 18, 2024
- EUR/USD: trading plan for US session on April 18. EUR gets stuck at 1.0686 April 18, 2024
- Fed to keep policy tight for longer than markets view April 18, 2024
- Technical Analysis – BTCUSD drops to 6-week low as halving looms April 18, 2024
- Midweek Technical Look – EURUSD, US 500, WTI April 18, 2024
- Technical Analysis – AUDJPY pulls back but stays in uptrend April 18, 2024
- Forex forecast 04/18/2024: EUR/USD, USD/JPY, Oil and Bitcoin from Sebastian Seliga April 18, 2024
EUR/USD: Some form of weakness
is perceived on this currency trading instrument. And since it tends to go into
an opposite direction of the USD/CHF, the currency trading instrument would be
weak as long as the USD/CHF is strong. More bearish movement of at least 100
pips is possible within the next few days.
USD/CHF: It is good that the USD/CHF went upwards in a
predictable manner yesterday. The new “buy” signal that was seen last week has
now resulted in a Bullish Confirmation Pattern in the market. By all
indication, price is supposed to continue moving further north, with the
possibility of it reaching the resistance level at 1.0100. The price has gone
above the great support level at 1.0000 already.
GBP/USD: The Cable performed
some near-term upswings and downswings on Monday, while the trend in the market
remains bearish. There is a high probability that the price would still go
further south. The accumulation territories at 1.4650 and 1.4600 are the
potential targets for this week.
USD/JPY: This pair experienced some form of weakness on
Monday, just as most JPY pairs experienced weakness on the same day. The bias
on the pair is bearish, and thus, further weakness is expected in the market,
which might make the price go below the demand level at 119.00, which was tried
before the current upward bounce (that could be transitory).
EUR/JPY: The EUR/JPY went further south on Monday. The
market is now moving in a directional manner, and since the bearish bias
started last week, price has dropped by 300 pips. Price is now under the supply
zone at 129.50, with the possibility of reaching the demand zone at 128.50.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: