Page 2 of 19 FirstFirst 123412 ... LastLast
Results 11 to 20 of 186
  178 178 Attachment(s)    

Thread: Daily Market Analysis from ForexMart

  1. #11

    Lightbulb Technical Analysis for GBP/USD: March 14

    In conformity of the UK National Statistics Office, the country's trade shortage which is seasonally rectified, tapered in December from £10,45 billion to £10.29 billion. The previous month's data was re-evaluated up to £9.92 billion. In January, the trade shortage reached £10,3 billion according to economists forecast.

    The first support is at 1.4320 and at 1.4240 subsequently. The first resistance is at 1.4400 and at 1.4480 subsequently.

    A confirmed and a sturdy buy signal has been found. The price is over the Ichimoku Cloud and it is on top of the Chikou Span. The Tenkan-sen and the Kijun-sen form an upward movement. The ascending movement will remain until the price is over the Cloud.

    The MACD indicator is in a positive location. The indicator is increasing.
    Attached Images Attached Images Daily Market Analysis from ForexMart-gbpusdh414-png 
    Andrea ForexMart, Official Representative


  2. #12

    Lightbulb Technical Analysis for USD/JPY: March 16

    As the Bank of Japan kept its monetary policy unchanged, the yen increase as expected. The bank calculates the economic effect of its January decision to reduce the rate to negative values. Though this decision does not cause the yen to modulate, however some traders still think that the simplification measures of the Bank of Japan missed out its productiveness. Now, the traders' center of attraction goes out to the Federal Reserve's meeting.

    The first support occurs at 113.00 and at 112.20 subsequently. The first resistance lies at 113.80 and at 114.60 subsequently.

    The price is in the Ichimoku Cloud and it is over the Chikou Span. The Tenkan-sen and the Kijun-sen form a horizontal movement displaying a "Dead Cross". The MACD indicator is in a neutral location. The price is falling.
    Attached Images Attached Images Daily Market Analysis from ForexMart-usdjpyh416-png 
    Andrea ForexMart, Official Representative


  3. #13

    Lightbulb Technical Analysis for USD/CHF: March 18

    The Fed's decision to keep the monetary policy unchanged cause the dollar to descend aggressively in opposition to the Swiss franc. As we have anticipated, the regulator was certain to left the policy unchanged as the National Bank of Switzerland hold its meeting on Thursday.

    The first support occurs at 0.9660 and at 0.9580 subsequently. The first resistance resides at 0.9750 and at 0.9850 subsequently.

    A confirmed and a sturdy sell signal has been found. The price is below the Ichimoku Cloud and it is below the Chikou Span. The Tenkan-sen forms a descending movement and the Kijun-sen displays a horizontal movement. The downward movement will remain until the price is below the Cloud.

    The MACD indicator is in a negative location. The price is declining.
    Attached Images Attached Images Daily Market Analysis from ForexMart-usdchfh418-png 
    Andrea ForexMart, Official Representative


  4. #14

    Lightbulb Technical Analysis for USD/JPY: March 22

    As the United States and Japan government bonds yields divergence decreased to some extent, the debt market dynamics manifested an averaged demand for the Japanese currency. This also cause to lessen the appeal of the US assets. The USD/JPY pair grew a bit by the end of the trades.

    The first support occurs at 111.40 and at 110.60 subsequently. The first resistance lies at 112.20 and at 113.00 subsequently.

    A confirmed and a sturdy sell signal has been found. The price is below the Ichimoku Cloud and it is below the Chikou Span. The Tenkan-sen forms an ascending motion and the Kijun-sen displays a horizontal motion. The descending movement will remain until the price is below the Cloud. The MACD indicator is in a negative location. The price is retrieving.
    Attached Images Attached Images Daily Market Analysis from ForexMart-usdjpyh422-png 
    Andrea ForexMart, Official Representative


  5. #15

    Lightbulb Technical Analysis for GBP/USD: March 23, 2016

    Sterling continued its low trajectory on Wednesday amidst negative economic data, terrorism attacks in Europe, and rising worry surrounding the Brexit.

    The Bank of England announced a stagnant 0.3 percent inflation rate, missing the projected 0.4 percent rise. The news was paired with a looming interest rate cut, which has been standing at 0.5 percent since 2009. The nearest rate increase is in another three years, while the US is expecting at least two rate hikes this year, pushing the dollar upward.

    UK’s controversial 2016 budget was also bad news for the ailing pound. Many were disappointed with budget cuts, with Secretary of State for Work and Pensions Duncan Smith resigning on Friday over lower disability benefits.

    The pound fell further from its 1.4251 after the inflation announcement.

    The first support occurred at 1.4094 and 1.4024 subsequently. The first resistance was at 1.4304 and 1.4375 subsequently.

    The MACD indicator is at positive location. The price is falling.
    Attached Images Attached Images Daily Market Analysis from ForexMart-gbpusdh423-png 
    Andrea ForexMart, Official Representative


  6. #16

    Lightbulb Technical Analysis for EUR/USD: March 28

    The efficacy of the stimulus measures held by the European Central Bank is drawing near its boundary as stated by the president of the Netherlands Bank, Klaas Knot. He thinks that the ECB monetary policy instruments have been worn out.

    The first support occurs at 1.1150 and at 1.1050 subsequently. The first resistance resides at 1.1260 and at 1.1350 subsequently.

    The price is along the Ichimoku Cloud and it is over the Chikou Span. The Tenkan-sen forms a horizontal movement and the Kijun-sen shows a descending motion creating a "Dead Cross".

    The MACD indicator is in a negative location. The price is correcting.
    Attached Images Attached Images Daily Market Analysis from ForexMart-eurusdh428-png 
    Andrea ForexMart, Official Representative


  7. #17

    Lightbulb Technical Analysis for GBP/USD: March 28, 2016

    The British pound slightly recovered from last week’s trading as it hit a daily high at 1.4180, taking advantage of the dollar’s respite. However, the pound’s strength is expected to be short-lived as the uncertainty of the Brexit looms over the market.

    A bearish outlook on the pound remains leading to the EU referendum in June. On the other end, a stronger dollar is anticipated in the following days as investors remain hopeful for a rate hike in the near future based on Fed officials’ vague remarks.

    The first support occurred at 1.4098 and 1.4028 subsequently. The first resistance was at 1.4149 and 1.4220 subsequently.

    The MACD indicator is at a negative location. The price is falling.
    Attached Images Attached Images Daily Market Analysis from ForexMart-gbpusdh428-png 
    Andrea ForexMart, Official Representative


  8. #18

    Lightbulb Technical Analysis for AUD/USD: March 29, 2016

    The Australian dollar edged up in today’s trading after mixed US data weighed down the dollar.

    The US’ core PCE in February posted a dismal growth of 0.1 percent, missing the 0.2 percent forecast. The core PCE price index also performed below expectations as it rose annually by 1.7 percent. Meanwhile, consumer spending was went up by 0.1 percent, meeting government forecasts.

    The US economy experienced a 1.4 percent growth in Q4, topping a 1.0 percent forecast, which carried the dollar slightly.

    The Aussie dollar, which has risen by about 3.7 percent this year, is expected to continue a slow climb as talks of the currency’s overvaluation is still in the air. Investors are still waiting if the RBA will cut interest rates to keep it from further ascent.

    A speech by Fed Chairwoman Janet Yellen later today may sway investors to buy back the dollars.

    The pair is now facing a ceiling at 0.7572 and can be seen testing 0.76.

    The first support was at 0.7519 and 0.7481 subsequently. The first resistance was 0.7585 and 0.7623 subsequently.

    The MACD indicator is at a negative location. The price is falling.
    Attached Images Attached Images Daily Market Analysis from ForexMart-audusdh429-png 
    Andrea ForexMart, Official Representative


  9. #19

    Lightbulb Technical Analysis for EUR/USD: March 29, 2016

    Uncertainty on the Brexit was offset by the US’ less than impressive consumer spending, prompting the Euro’s upturn earlier today.

    However, the dollar regained its footing as buyers wait for Fed Chairwoman Janet Yellen’s announcement that will hopefully clear up if Fed will move to increase the benchmark rate.

    The pair hit a daily high of 1.1219, but pulled back to 1.1200, eliciting a bearish sentiment from investors.

    The first support was at 1.1175 and 1.1119, subsequently, while the first resistance was at 1.1243 and 1.1299 subsequently.

    The MACD indicator is in a neutral position. The price is falling.
    Attached Images Attached Images Daily Market Analysis from ForexMart-eurusdh429-png 
    Andrea ForexMart, Official Representative


  10. #20

    Lightbulb Technical Analysis for GBP/USD: March 30, 2016

    The extensive demand for the dollar reinforced the pound/dollar pair. The Manufacturing PMI will be issued on Friday and so we propose to focus on it as well as we wait for Bank of England Chairman Mark Carney's performance on Thursday.

    The price's first support occurs at 1.4320 and at 1.4240 subsequently. Meanwhile, the first resistance resides at 1.4400 and at 1.4480 subsequently.

    A non-confirmed and a sturdy buy signal has been found. The price is over the Ichimoku Cloud and it is on top of the Chikou Span. The Tenkan-sen and the Kijun-sen display an ascending movement creating a "Golden Cross". The ascending motion will remain until the price is over the Cloud.

    The MACD indicator is in a positive location. The price is increasing.
    Attached Images Attached Images Daily Market Analysis from ForexMart-gbpusdh430-png 
    Andrea ForexMart, Official Representative


Similar Threads

  1. Daily Market Analysis from ForexMart
    By Andrea ForexMart in forum Fundamentals
    Replies: 159
    Last Post: 12-02-2016, 07:08
  2. Fundamental Analysis by ForexMart
    By Andrea ForexMart in forum Fundamentals
    Replies: 1
    Last Post: 04-08-2016, 07:36
  3. Daily Market Analysis by FxGrow
    By FxGrow Support in forum Fundamentals
    Replies: 67
    Last Post: 09-29-2015, 08:32
  4. Daily Market Outlook from ACFX
    By Atlas CapitalFx in forum Technical analysis
    Replies: 39
    Last Post: 10-03-2013, 13:53
  5. Daily market update
    By UWCFX in forum Fundamentals
    Replies: 109
    Last Post: 01-17-2011, 14:05

Tags for this Thread

analysis, ichimoku, index, indicator, japanese, macd, resistance, signal, support, technical analysis, usd

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •