Analytics

Daily Forex Analytics from Instaforex to get more Pips

  • GBP/USD technical analysis for July 5, 2013

      GBP/USD:  Resistance: 1.5140. (Sell below this level).  Support: 1.5000. (Buy above this level).  According to previous events, the price has been trapped between 1.5115 and 1.5070, hence it is of the wisdom to be careful in this area. Therefore, the first step is waiting for a period of a tight sideways range market before breakouts. Then, it is probable that the market is going to start showing the bullish ...

    Posted at July 5, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • GOLD analysis for July 03, 2013

    Overview: Since our last analysis Gold has been trading downward moves, as we expected. We rejected from FE 261.8 % (1H chart ) at price 1,267.00 and tested 1,236.00. I placed Fibonacci expansion levels to find potential end of up corrective phase. Thus, I got FE 261.8% at price 1,269.00 and if that level holds, we may see down continuation. We are still likely to see testing of ...

    Posted at July 3, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • AUD/USD analysis for July 03, 2013

    AUD/USD Elliott Wave Since our last analyses the AUD/USD pair has been trading downwards, just as we expected, impulsive wave 5 (coloured blue) of the bigger wave [3] (coloured red) has been developing. During the Tuesday's Asian and European session we could observe descending movement from 0.9210 towards the 0.9128 level. Therefore, during the New York session this currency has continued trading lower and price has dropped to the ...

    Posted at July 3, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • USD/CAD analysis for July 03, 2013

    USD/CAD Elliott Wave For the last few days the USD/CAD pair has been trading upwards, impulsive wave 5 (coloured blue) of the bigger wave [1] (coloured red) has finished developing. Yesterday, during the Asian and European session we could observe ascending movement from 1.0500 towards the 1.0577 level and we can consider this move as the end of the impulsive wave [1] (coloured red). Therefore, during the New York session ...

    Posted at July 3, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • Let’s greet the winners! InstaForex contest digest.

    InstaForex is pleased to reveal the names of the winners, who were competing for the valuable prizes and gifts during the last contests and campaigns. Once again we would like to thank all the participants for the vigour, verve, and determination! Hope to see you again among the contestants. So, here are the results! InstaForex Sniper The weekly InstaForex Sniper contest is held among demo accounts with no restrictions. Perhaps, this is the reason for ...

    Posted at July 3, 2013 | By : | Categories : Instaforex News | 0 Comment