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Thursday, October 27, 2016

USD/CHF - Currently, the price is in a bullish channel... - Read more..

Daily  Report USD/CHF by  instaforex



The USD/CHF pair reached a new maximum. Today price may reach one more maximum at level of 0.9943 and then start new correction towards the level of 0.9910 (at least). 

EUR/USD - The pair is expected to rally and take out .. - Read more ..

Daily  Report EUR/USD by  instaforex



The EUR/USD pair finally rallied higher unfolding its much awaited counter trend. The pair has made interim highs at 1.0946 level before pulling back lower. 

Tuesday, October 25, 2016

GBP/USD - The pair is trading below the 200 SMA and it's expected that we ... - Read more

Daily  Report GBP/USD by  instaforex



The pair started the week within a sideways range, but with a bearish bias favoured by the overall price action shown on H1 chart.

EUR/USD - Probability remains for a pullback rally for this week .. - Read more

Daily  Report EUR/USD by  instaforex



The EUR/USD has been drifting sideways for last 24 hours with no change in its structure and pricing. The pair is seen to be trading at 1.0879 levels for now and needs to push through at least 1.1040 levels to confirm further upside or to complete retracement.

Gold - Medium-term trend will change back to bullish on a break above .. - Read more ..

Daily  Report Gold by  instaforex



Gold price continues to trade just above the $1,262 breakout area. Yesterday we saw a spike towards $1,272 but it was short-lived. This bounce has helped us see clearly the resistance levels ahead which are at $1,272-75 area.


Monday, October 24, 2016

USD/CAD - The intraday wave progression supports a bearish wave development towards the level .. - Read more ..

Daily  Report USD/CAD  by  instaforex



The daily chart of the recent wave development between the levels of 1.2460 - 1.3339 looks clearly corrective, mainly due to the plenty of whipsaws, false breakouts and overlapping sub-waves.

Silver - The wave structure also indicates that the metal is expected to produce a .. - Read more ..

Daily  Report Silver by  instaforex



Silver is seen to be trading at $17.54 level for now, looking to push higher towards $18.20 level at least. The metal is lagging slightly behind its counterpart Gold but it should accelerate and push through interim highs from here. 

EUR/USD - The pair is expected to rally and take out 1.1040 levels to confirm that bulls .. - Read more ..

Daily  Report EUR/USD by  instaforex



The EUR/USD pair prints yet another low at 1.0859 levels last week before pulling back. The pair is seen to be trading at 1.0870 levels for now and needs to push through 1.1040 levels to confirm further upside or to complete retracement.