Analytics

Daily Forex Analytics from Instaforex to get more Pips

  • AUD/USD technical analysis for February 28, 2013

    RECOMMENDATION: Sell stop (pending order) at 1.0249. Take profit at 1.0235. Stop loss at 1.0259. Alternative: Buy stop (pending order) at 1.0276. Take profit at 1.0290. Stop loss at 1.0266.     Best regards, Arief Makmur Official Analyst of InstaForex Group InstaForex Group http://instaforex.com Email: [email protected] Blog: blog.mt5.com/arief  Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding ...

    Posted at February 28, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • Silver Technical Levels and Trading Recommendations for February 27, 2013

    Overview The H4 chart demonstrates today that silver is trading between the Support level 29.00 and the Resistance level 29.65 after its failure to break the Resistance level 29.65 yesterday. Given that the pair closes 4H below this Resistance level and manages to break the Support level 29.00 and closes 4H below, it provides a good opportunity to sell below the Support level. After that we should wait for breaking out ...

    Posted at February 27, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • GBP/USD Intraday Technical Analysis and Trading Recommendations for February 27, 2013

    Previous lows of 1.5450 (reached on July 25), 1.5390 (reached on July 12) as well as 1.5267 (reached on June 1) were broken so quickly leading towards 1.5075 (the new weekly opening). Yesterday's high at 1.5218 marks the upper limit of the current consolidation pattern above 1.5075. Hence, forming a lower high around 1.5315 indicating the bearish sentiment of the market today.   Nevertheless, the daily closure we got on ...

    Posted at February 27, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • USD/CAD Intraday Technical Analysis and Trading Recommendations for February 27, 2013

    The USD/CAD is holding firmly above its broken resistance at 1.0100 level, further upside movement may be expected. This will expose the 1.0260 level where a breakthrough will allow the rally towards 1.0300 level to take place. Further out, 1.0350 level stands as the next possible upside target. However, yesterday we got some bearish rejection around 1.0300 which is manifested in the daily candlestick. On the other side, support is located around 1.0160 level where a ...

    Posted at February 27, 2013 | By : | Categories : Forex Analysis | 0 Comment
  • Silver Technical Levels and Trading Recommendations for February 26, 2013

    Overview  The H4 chart demonstrates today that silver is still trading between the Support level 28.45 and the Resistance level 29.00 after its failure to break the Resistance level yesterday. Given that the pair closes 4H below this Resistance level and manages to break the Support level 28.45 and closes 4H below, it provides a good opportunity to sell below the Support level. After that we should wait for breaking out ...

    Posted at February 26, 2013 | By : | Categories : Forex Analysis | 0 Comment