Sunday 24 August 2014

Technical analysis of EUR/USD for August 25, 2014 Trend News

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When the European market opens, some economic news will be released such as German Ifo Business Climate and Belgian NBB Business Climate.The US will disclose its Flash Services PMI and New Home Sales data. So amid the reports, EUR/USD is likely to move low to medium volatility during this day.


Today's technical levels:


Breakout BUY Level: 1.3255.

Strong Resistance:1.3247.

Original Resistance: 1.3234.

Inner Sell Area: 1.3221.

Target Inner Area: 1.3190.

Inner Buy Area: 1.3169.

Original Support: 1.3146.

Strong Support: 1.3133.

Breakout SELL Level: 1.3125.


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 to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Technical analysis of EUR/USD for August 25, 2014 . Thanks for your support on Technical analysis of EUR/USD for August 25, 2014

Technical analysis of USD/JPY for August 25, 2014 Trend News

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In Asia, Japan will not release any economic data today, but the US will unveil its Flash Services PMI and New Home Sales reoprts. So there is a big probability the USD/JPY pair will move with low to medium volatility today.


Today's technical levels:


Resistance. 3: 104.74.

Resistance. 2: 104.54.

Resistance. 1: 104.33.

Support. 1: 104.08.

Support. 2: 103.87.

Support. 3: 103.67.


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 to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Technical analysis of USD/JPY for August 25, 2014 . Thanks for your support on Technical analysis of USD/JPY for August 25, 2014

Technical analysis of Silver for Aug 25, 2014 Trend News


Technical outlook and chart setups:


1. Silver seems to have formed base at $19.30 levels last week, and should resume rally from current price of $19.43/45. Please note that the metal is just shy of the fibonacci 0.786 support level ($19.26). Recommendation is to remain long, risk remains below $19.00.


2. Support is seen at $19.00, followed by $18.60 and lower while resistance is seen at $20.10 (interim), followed by $21.70, $22.30 and higher respectively.


3. The structure indicates that Silver rally from current levels remains highly probable.


Trading recommendations:


Remain long, stop below $19.00, target is open.


Good luck!


The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Technical analysis of Silver for Aug 25, 2014 . Thanks for your support on Technical analysis of Silver for Aug 25, 2014

Technical analysis of Gold for Aug 25, 2014 Trend News
















Technical outlook and chart setups:


1. Gold is trading around $1,278.00 levels for now and should rally from here on. It appears that the metal has formed base at $1,271.00 levels last week and that bulls should take back control. Recommendations are to remain long for now, risk remains below $1,271.00 levels.


2. Support is at $1,270.00 (interim), followed by $1,260.00, $1,240.00 and lower, while resistance is seen at $1,324.00 followed by $1,340.00 and higher respectively.


3. The structure indicates that Gold could possibly resume rally from current levels.


Trading recommendations:


Remain long, stop below $1,270.00, target is open.


Good luck!


The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Technical analysis of Gold for Aug 25, 2014 . Thanks for your support on Technical analysis of Gold for Aug 25, 2014

Daily analysis of USDX for August 25, 2014 Trend News

Daily chart: The USDX had a bullish momentum during the Friday's session as this instrument continued to form a lower high pattern below the resistance level of 82.51. Note that if the USDX manages to make a breakout at that level, the next target would be the resistance level of 83.22 in the medium term. The MACD indicator stays in positive territory.


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H4 chart: The USDX has made a rebound near to the support level of 82.20. So it is trying to make a breakout in the bullish trend line. If it succeeds, it would be expected to rise to the level of 83.65 in the medium term, where another trend line is located. For now, it is better to wait for this instrument to get consolidated above that bullish trend line.


USDXH4.png

H1 chart: The USDX is trying to form a lower high pattern above the support level of 82.32, so the next objective is the resistance level of 82.50. If the USDX manages to make a breakout at that level, it would be expected to that rise to the level of 82.67. The MACD indicator is entering overbought area.


USDXH1.png


Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 82.50, take profit is at 82.67, and stop loss is at 82.35.


The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Daily analysis of USDX for August 25, 2014 . Thanks for your support on Daily analysis of USDX for August 25, 2014

Daily analysis of GBP/USD for August 25, 2014 Trend News

Daily chart: GBP/USD is kept below the 200-day moving average due to the fact that itis trying to touch the support level of 1.6540 in this chart. Now, GBP/USD could begin to form a higher low pattern, so it is likely that this pair will perform corrective movements this week. The MACD indicator is in negative territory.


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H4 chart: GBP/USD continues to find support at the level of 1.6553, where it has made a rebound to go up to the level of 1.6583, where a bearish trend line is located. If GBP/USD manages to make a breakout at that level, the next target would be the resistance level of 1.6644, which would be very likely due to the fact that this pair is oversold. The MACD indicator stays in positive territory.


GBPUSDH4.png


H1 chart: This pair continues falling below the 200-day moving average and GBP/USD is now, doing a breakout at the support level of 1.6577, so it is likely that this pair will falls to the support level of 1.6544 within hours. If the GBP/USD manages to make a breakout at that level, it would be expected to fall until the support level of 1.6507. The MACD indicator is in neutral territory.


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Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.6544, take profit is at 1.6507, and stop loss is at 1.6581.


The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Daily analysis of GBP/USD for August 25, 2014 . Thanks for your support on Daily analysis of GBP/USD for August 25, 2014