ForexRating
Use your vote!

Forex analysis review:

Materials presented in the “Forex analysis” section are provided by the international broker InstaForex. The section is regularly updated with the latest news, trends and forecasts provided by the professional analysts of InstaForex Company. Articles, market outlook and the current trend reviews are written with the help of fundamental, fractal, wave and technical analysis.

2014-10-23 19:07:24 GMT+00 58 Minutes ago
USD/JPY is expected to consolidate with a bullish bias. USD/JPY is underpinned by the positive USD sentiment (ICE spot dollar index last 85.75 versus 85.39 early Wednesday) as U.S. Treasury yields inched higher (10-year at 2.219% versus 2.208% late Tuesday) after U.S. September CPI rose 0.1% in line with expectations, calming fears about the spread of deflation.
2014-10-23 19:00:18 GMT+00 1 Hour, 5 Minutes ago
USD/CHF is expected to trade in a higher range. It is supported by the positive USD sentiment (ICE spot dollar index last 85.75 versus 85.39 early Wednesday) as U.S. Treasury yields inched higher (10-year at 2.219% versus 2.208% late Tuesday) after U.S. September CPI rose 0.1% in line with expectations, calming fears about the spread of deflation, dovish Swiss National Bank's monetary policy and franc sales on soft CHF/JPY cross and contagion from weak EUR on CHF.
2014-10-23 18:56:09 GMT+00 1 Hour, 9 Minutes ago
NZD/USD is expected to trade in a lower range. It is undermined by the lower-than-expected New Zealand 3Q CPI of +0.3% on-quarter (versus forecast +0.5%), the positive USD sentiment (ICE spot dollar index last 85.75 versus 85.39 early Wednesday) as U.S. Treasury yields inched higher (10-year at 2.219% versus 2.208% late Tuesday) after U.S. September CPI rose 0.1% in line with expectations, calming fears about the spread of deflation, Kiwi sales on buoyant AUD/NZD cross and Kiwi sales on soft NZD/JPY cross amid increased investor risk aversion.
2014-10-23 18:50:44 GMT+00 1 Hour, 15 Minutes ago
GBP/JPY is expected to trade in a higher range. It is undermined by the bullish GBP sentiment and by sterling demand on soft EUR/GBP cross. GBP/JPY gains are tempered by the dovish October Bank of England MPC meeting minutes showing the committee split 7-2 in favor of keeping rates on hold, with the majority far from convinced for an early rate increase.
Without author
2014-10-23 18:12:50 GMT+00 1 Hour, 52 Minutes ago
Strong bullish reaction from the support level at the price of 1.5910. Our Fibonacci retracement at the price of 1.6110 is now on the test. If the price breaks the level of 1.6110, we may see potential testing the level of 1.6235 (Fibonacci retracement 61.8%).
Without author
2014-10-23 17:54:01 GMT+00 2 Hours, 11 Minutes ago
Bearish corrective phase is in progress as we expected. We got Fibonacci retracement 38.2% at the price of 1,227.00 and Fibonacci retracement 61.8% at the price of 1,210.00. Be careful when buying gold and watch for potential intraday selling opportunities.
2014-10-23 16:05:49 GMT+00 3 Hours, 59 Minutes ago
The complex corrective structure in wave -ii- blue looks to be completed and impulsive bullish breakout above the descending golden channel is the first confirmation that higher prices should be seen soon. The first target is at the level of 137.00 but even higher extension above this level is expected, up to the level of 137.93. On the other hand, any failure here on this key level would possibly lead to the test of the golden channel lower trend line before any impulsive wave progression will continue.
2014-10-23 15:53:17 GMT+00 4 Hours, 12 Minutes ago
The complex corrective structure in wave 2 purple might have been completed and any breakout above the key level at the price of 1.1292 is bullish breakout confirmation targeting the recent swing high at the level of 1.1381. On the other hand, a failure at this level would extend the downside correction in time and possibly make it more complex, with targets below both intraday resistance levels.
2014-10-23 15:17:28 GMT+00 4 Hours, 48 Minutes ago
The price of AUD/USD pair has still been trapped between 0.8727 and 0.8929. Therefore, the first step is to wait for a period of tight sideways market before breakouts. Then, probably, the market is going to start showing bullish signs. In other words, it will be a good sign to buy above 0.8700 - 0.8727 with the first target at 0.8845 and the price will climb towards 0.8932 in order to test the first resistance. Also, it should be noted that the level coincides with the ratio of 32.8% Fibonacci retracement levels. However, if the pair fails to break 0.8932, the market will indicate a bearish opportunity below 0.8932. Then the level will really act as strong resistance, it wil be a good sign to sell below 0.8932 with the first target at 0.8878 and it will call for a downtrend in order to continue bearish movement towards 0.8813.
Arief Makmur
2014-10-23 15:06:23 GMT+00 4 Hours, 59 Minutes ago
When the European market opens, some economic news will be released such as French Flash Manufacturing PMI, French Flash Services PMI, Spanish Unemployment Rate, German Flash Manufacturing PMI, German Flash Services PMI, Flash Manufacturing PMI, Flash Services PMI, and EU Economic Summit.

Special offers


11 types of options contracts
$100 welcome bonus for every customer
No spreads, no commissions, no swaps

One Click Trading
Spreads from 1.1 pips
Deposit from $200

Bonus 30% for every deposit
Leverage 1:1000
Prize fund 500 000 USD
Profit from trading on stock and currency markets | Classical Trader's rules | The guidelines for choosing a broker | How to Enter And Leave the Market Safely | Several ways of employing Fibonacci levels | Trend indicators | US dollar trading |