Technical analysis of EUR/USD for February 26, 2015 Market Analysis Review

Technical outlook and chart setups:

The EUR/USD pair has been drifting sideways in a 150-pip trading range between 1.1300 and 1.1450 respectively, as seen here on the 1H chart. The pair had rallied from 1.1100 to 1.1530 earlier and then retraced lower to the fibonacci 0.618 support at 1.1260 levels. It is recommended to remain long and also add further at the current price, with a risk at 1.1200. Immediate support is seen at 1.1250/60 followed by 1.1100 while resistance is seen at 1.1500 levels (interim) followed by 1.1650, 1.1850 and higher respectively. Bulls are expected to remain in control till prices stay above 1.1250 levels.

Trading recommendations:

Remain long for now, stop at 1.1200, a target is 1.1800.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/USD for February 26, 2015 . Thanks for your support.

Technical analysis of EUR/JPY for February 26, 2015 Market Analysis Review

Technical outlook and chart setups:

The EUR/JPY pair is seen to be trading sideways (cone formation) in a 100-pip range between 134.50 and 135.50 respectively for 3 trading sessions in a row. Please note that the pair had bounced off lows, just below 134.00 earlier as seen here on the 1H chart. The pair is expected to break higher towards at least 137.50 levels. A push above 135.50 levels now would confirm the same. Hence, it is recommended to remain long with a risk below 133.00 levels. Immediate support is seen at 134.50, followed by 133.50, 132.50 and lower while resistance is seen at 135.50 levels, followed by 136.00/25, 137.50/138.00 and higher respectively.

Trading recommendations:

Remain long, stop at 132.50, a target 137.50/138.00.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/JPY for February 26, 2015 . Thanks for your support.

Technical analysis of GBP/CHF for February 26, 2015 Market Analysis Review

Technical outlook and chart setups:

The GBP/CHF pair is trading at 1.4749 levels at the moment and is expected to face resistance. Please note that the pair has been rising since hitting lows at 1.1800 levels on January 15, 2015 and has retraced up to fibonacci 78.6%. It is recommended to initiate 50% short positions with risk above 1.4791 levels. Immediate support is seen at 1.4630, followed by 1.4400, 1.4250 and lower while resistance is seen at 1.4760 levels (interim), followed by 1.5150 and 1.5550 respectively. Bears are expected to regain control at the current levels. A push below 1.4630 would be confirmed and accelerate.

Trading recommendations:

Initiate 50% short positions, stop 1.4810, a target is open.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of GBP/CHF for February 26, 2015 . Thanks for your support.

Technical analysis of Silver for February 26, 2015. Market Analysis Review

Technical outlook and chart setups:

Silver remains bullish, after bouncing off the fibonacci 0.618 support at $16.10 levels as depicted here. Bulls seem to have taken control for now with an immediate short-term target being at $17.50. It is highly recommended to remain long for now and consider buying more during intraday dips, with risk at $15.50 levels. Immediate support is seen at $16.00/10 (interim), followed by $15.50 and lower while resistance is seen through $17.40/50 levels (interim), followed by $18.40/50 and higher respectively. Bulls are poised to remain in control till prices stay above $15.50 levels. Upside potential is seen through $21.00 levels.

Trading recommendations:

Remain long for now, stop at $15.50, a target is open.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of Silver for February 26, 2015. . Thanks for your support.

Technical analysis of Gold for February 26, 2015 Market Analysis Review

Technical outlook and chart setups:

Gold had been in a range between $1,205.00/10.00 levels yesterday but is looking to break above $1,210.00 for now. The metal needs to break above $1,225.00 and subsequently $1,237.00 levels to confirm reversal and accelerate higher. Furthermore, please note that the metal has produced a tweezer bottom signal around $1,190.00 levels indicating a potential reversal. Also, $1,190.00 is projected right shoulder of a potential head and shoulder reversal. Hence, it is recommended to remain long, with risk at $1,170.00 levels. Immediate support is seen at $1,190.00 levels, followed by $1,170.00 and lower while resistance is seen at $1,237.00, $1,280.00 and higher respectively.

Trading recommendations:

Remain long, stop at $1,170,00, a target is open.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of Gold for February 26, 2015 . Thanks for your support.

Technical analysis of EUR/USD for February 26, 2015 Market Analysis Review

When the European market opens, some economic news will be released such as Targeted LTRO, Italian 10-y Bond Auction, Italian Retail Sales m/m, Private Loans y/y, M3 Money Supply y/y, German Unemployment Change, and GfK German Consumer Climate. The US will also release a number of economic reports such as the Natural Gas Storage, HPI m/m, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims, Core CPI m/m, and CPI m/m. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1416.

Strong Resistance:1.1409.

Original Resistance: 1.1398.

Inner Sell Area: 1.1307.

Target Inner Area: 1.1360.

Inner Buy Area: 1.1333.

Original Support: 1.1322.

Strong Support: 1.1311.

Breakout SELL Level: 1.1304.





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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/USD for February 26, 2015 . Thanks for your support.

Technical analysis of USD/JPY for February 26, 2015 Market Analysis Review

In Asia, Japan will not release any economic data. However, the US will release a number of economic reports such as Natural Gas Storage, HPI m/m, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims, Core CPI m/m, and CPI m/m. So there is a big probability the USD/JPY pair will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 119.63.

Resistance. 2: 119.40.

Resistance. 1: 119.17.

Support. 1: 118.88.

Support. 2: 118.65.

Support. 3: 118.41.





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 daily market trends and news you may visit via Technical analysis of USD/JPY for February 26, 2015 . Thanks for your support.

Daily analysis of USDX for February 26, 2015 Market Analysis Review

The USDX is looking to stay supported by the level of 94.18 on the daily chart. Now, we could expect a rebound on this important zone, as we saw during the latest days the strength that is showing the support level mentioned above. One would expect a breakout at that level with a bearish target at the level of 93.02, but the main bias is still bullish.

On the H1 chart, the USDX had a quite bearish day during the session on Wednesday, as the instrument is trying to form a lower low pattern in order to reach the support level of 94.02. If the USDX makes a breakout in that zone, it's expected to fall to the level of 93.87. Currently, we are keeping a sideways outlook on this instrument.

Daily chart's resistance levels: 95.45 / 96.96

Dailychart's support levels: 94.18 / 93.02

H1 chart's resistance levels: 94.38 / 94.87

H1 chart's support levels: 94.02 / 93.87

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 94.38, take profit is at 94.87, and stop loss is at 93.90.

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



For detail explanation and best discovery on daily market trends and news you may visit via Daily analysis of USDX for February 26, 2015 . Thanks for your support.

Daily analysis of GBP/USD for February 26, 2015 Market Analysis Review

The GBP/USD pair had a very upward move during the session on Wednesday, as the pair is consolidating above the current support level of 1.5491. This rally opens the way for the GBP/USD pair to test the resistance level of 1.5761 in the medium term, because the nearest strong resistance zone is on this timeframe. The MACD indicator is still positive.

The intraday outlook is now very bullish, as the pair is trying to do a rally towards the resistance level of 1.5585 after overcoming the 1.5516 level. Besides, the 200 SMA is bullish and we could see more bullish moves next days, as the GBP/USD pair hasn't reached the overbought levels yet at the oscillators, such as the MACD indicator on the H1 chart.

Daily chart's resistance levels: 1.5761 / 1.5957

Dailychart's support levels: 1.5491 / 1.5247

H1 chart's resistance levels: 1.5516 / 1.5585

H1 chart's support levels: 1.5455 / 1.5413

Trading recommendations for today: Based on the H1 chart, place long (buy) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.5516, take profit is at 1.5585, and stop loss is at 1.5448.

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



For detail explanation and best discovery on daily market trends and news you may visit via Daily analysis of GBP/USD for February 26, 2015 . Thanks for your support.

Daily analysis of major pairs for February 26, 2015 Market Analysis Review

EUR/USD: This currency trading instrument has been in a trendless situation for a few weeks. Even news releases that are supposed to affect the EUR and the USD have minor effects on the instrument.Very soon, there would be a rise in momentum this market and it would be nice to wait till then.

USD/CHF: The USD/CHF pair is also caught in an equilibrium phase as the price is wandering around the resistance level at 0.9500. The outlook is bullish in the near term: the EMA 11 is above the EMA 56 and the Williams’ % Range period 20 is poised to move into the overbought region, in case the buying pressure continues. On the other hand, any development of serious buying pressure in the EUR/USD pair would cause USD/CHF to tumble.

GBP/USD: GBP/USD remains the only trending pair among most majors. Most majors are currently consolidating, while the GBP/USD pair is still capable to climb higher. The price is now above the accumulation territory at 1.5500. It would soon reach the distribution territory at 1.5550. Some fundamental figures are expected today and in addition, they would have impact on the markets.

USD/JPY: A clear directional movement is expected in this market and it might be OK to wait until there is such. As it is said earlier this week, it is either the price goes below the demand level at 118.00 or above the supply level at 120.00.

EUR/JPY: This market is currently in an equilibrium phase and it would be OK to wait until there is a break below the demand zone at 134.00 or a break above the supply zone at 136.50. The latter action is more likely, because bulls are ready to fight against any southward plunge in the near term.

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



For detail explanation and best discovery on daily market trends and news you may visit via Daily analysis of major pairs for February 26, 2015 . Thanks for your support.

Technical analysis of EUR/USD for February 26, 2015 Market Analysis Review

Trading recommendations :

• According to the previous events, the EUR/USD pair has still traded between the supports of 1.1288/1.1200 and the resistance of 1.1432/1.1460.


• First outlook: Sell below the price of 1.1459 which represents the weekly resistance 1with the first target at the 1.1369 price (the weekly pivot point is set at 1.1369), then it will call fora downtrend in order to continue its bearish movement towards 1.1304 and 1.1288 to test this strong support (it should be noted that the price of 1.1288 is going to form the weekly support 1). At the same time, the stop loss should be placed at the level of 1.1486.


• Second outlook: In the long term, buy above the price of 1.1288 (if the trend fails to close below it) with a target at 1.1355. It should also be noticed that the price of 1.1432 is representing the double top on H4 chart.

Observations :

• The key level will be found at the price of 1.1369.


• The resistance will set at the level of 1.1459 today.


• The double top is going to set at the 1.1536 price this week.


• The area of 1.1460 is a useful spot to sell in the long term.


• We expect a range of 85 pips on February 26, 2014.


• It should be noted that if there is no significant news to influence, the market price will be moving from the pivot point to resistance 1 or support 1. But if there is significant news to influence, the market price may go straight through resistance 1 or support 1 and reach resistance 2 or support 2 and even resistance 3 or support 3.

Weekly technical levels :

• Reisstance 2: 1.1536


• Reisstance 1: 1.1459


• Pivot point: 1.1369


• Support 1: 1.1288


• Support 2: 1.1198

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/USD for February 26, 2015 . Thanks for your support.

Technical analysis of USD/CHF for February 26, 2015 Market Analysis Review

Overview :

• The USD/CHF pair is calling for the bullish market from the levels of 0.9089, 0.9300, and 0.9405 since last week. Nowadays, the level of 0.9405 is representing support 1. Moreover, it should be noticed that the USD/CHF pair is still moving between the first support and first resistance which are setting at the 0.9405 and 0.9595 prices respectively. As it is known, the chronicle will probably repeat itself at these levels again. Therefore, as the upward trend is still strong on H4 chart, it will be a good sign to buy above the level of 0.9405 with the first target of 0.9522 (minor resistance on the same chart). It will call for an uptrend in order to continue its bullish movement towards 0.9595 in coming days. Also, we should bear in mind that the strong resistance (0.9595) is coinciding with the ratio of 78.6% Fibonacci retracement levels. However, a stop loss should never exceed your maximum exposure amounts. Consequently, the stop loss should be placed below the support of 0.9405 at the price of 0.9372.

Notes :

• We expect a new range about 218 pips this week.


• The key level will set at the level of 0.9405.


• The support of the USD/CHF pair has already set at 0.9405.


• Moreover, the weekly support 1 will set at the 0.9300 level. If the trend fails to close below the level of 0.9405, it will be a good opportunity to buy above 0.9400 with the first target at 0.955 , then it will be continued straight towards 0.9595.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/CHF for February 26, 2015 . Thanks for your support.

USDCAD Daily Analysis - February 26, 2015 Forex Analysis

USDCAD is facing 1.2352 support again, a breakdown below this level will bring price to 1.2200 area. However, as long as 1.2352 support holds, the price action from 1.2797 could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), one more rise to 1.3000 area is still possible after consolidation.

For more short term forex analysis and info visit via USDCAD Daily Analysis - February 26, 2015 . Thanks for your support.

USDJPY Daily Analysis - February 26, 2015 Forex Analysis

USDJPY is in downtrend from 120.47, the bounce from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Support is at 118.23, a breakdown below this level could signal resumption of the downtrend.

For more short term forex analysis and info visit via USDJPY Daily Analysis - February 26, 2015 . Thanks for your support.

AUDUSD Daily Analysis - February 26, 2015 Forex Analysis

AUDUSD broke above 0.7875 resistance, indicating that lengthier consolidation of the downtrend from 0.8294 is underway. Further rise could be expected, and the target would be at 0.8000 area. On the downside, a clear break below the trend line support signal resumption of the downtrend from 0.8294, then the following downward movement could bring price to 0.7000 zone.

For more short term forex analysis and info visit via AUDUSD Daily Analysis - February 26, 2015 . Thanks for your support.

GBPUSD Daily Analysis - February 26, 2015 Forex Analysis

GBPUSD's upward movement from 1.4950 extended to as high as 1.5551. Further rise could be expected, and next target would be at 1.5650 area. Support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

For more short term forex analysis and info visit via GBPUSD Daily Analysis - February 26, 2015 . Thanks for your support.

EURUSD Daily Analysis - February 26, 2015 Forex Analysis

EURUSD continued its sideways movement in a range between 1.1261 and 1.1450. The price action in the range is likely consolidation of the downtrend from 1.1534, further decline to test 1.1097 support is possible after consolidation.

For more short term forex analysis and info visit via EURUSD Daily Analysis - February 26, 2015 . Thanks for your support.

Technical analysis of EUR/USD for February 24, 2015 Market Analysis Review

When the European market opens, some economic news will be published such as Belgian NBB Business Climate, Final Core CPI y/y, Final CPI y/y, and German Final GDP q/q. The US will disclose a number of economic reports too, such as the Richmond Manufacturing Index, Mortgage Delinquencies, CB Consumer Confidence, Flash Services PMI, and S&P/CS Composite-20 HPI y/y. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1393.

Strong Resistance:1.1386.

Original Resistance: 1.1375.

Inner Sell Area: 1.1364.

Target Inner Area: 1.1337.

Inner Buy Area: 1.1310.

Original Support: 1.1299.

Strong Support: 1.1288.

Breakout SELL Level: 1.1281.



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 daily market trends and news you may visit via Technical analysis of EUR/USD for February 24, 2015 . Thanks for your support.

EUR/NZD analysis for February 25, 2015 Market Analysis Review

Overview:

In our last analysis EUR/NZD was trading downwards. Resistance level at the price of 1.5200 was held successfully and it caused price to start with downward movement. Our Fibonacci retracement 61.8% at the price of 1.5050 is broken, so we may expect lower price. We have the first support level at the price of 1.4945. I have placed Fibonacci expansion to find potential support levels and have got Fibonacci expansion 100% at the price of 1.4865. Anyway, the mid-term selling EUR/NZD at this stage looks risky since we have major long-term support around the price of 1.4785. My advice is to watch for potential bullish opportunities with better conditions. Any larger reaction from our support levels may confirm further phase.

Daily Fibonacci pivot levels:

Resistance levels:

R1: 1.5208

R2: 1.5253

R3: 1.5325

Support levels:

S1: 1.5063

S2: 1.5018

S3: 1.4945

Trading recommendations: Be careful when selling at this stage and watch for potential buying opportunities after retracement (buy on the dips).

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



For detail explanation and best discovery on daily market trends and news you may visit via EUR/NZD analysis for February 25, 2015 . Thanks for your support.

Gold analysis for February 25, 2015 Market Analysis Review

Overview :

Since our last analysis gold has been trading upwards. As we expected, the price has tested the level of 1,211.71 in an average volume. We can observe successful rejection from our Fibonacci retracement 61.8% at the price of 1,200.00. Our Fibonacci retracement 61.8% at the price of 1,200.00 is critical for gold and it seems that the price cannnot break that area. My advice is to watch for potential buying opportunities.We have resistance level around the price of 1,235.00 (Fibonacci retracement 38.2%). According to the 4H time frame, we can observe demand in an ultra high volume on the background.

Daily Fibonacci pivot points:

Resistance levels :

R1: 1,202.73

R2: 1,206.13

R3: 1,211.63

Support levels :

S1: 1,191.73

S2: 1,188.33

S3: 1,182.83

Trading recommendations: Watch for potential buying opportunities after retracement (buy on the dips).

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



For detail explanation and best discovery on daily market trends and news you may visit via Gold analysis for February 25, 2015 . Thanks for your support.

Technical analysis of EUR/JPY for Febuary 25, 2015 Market Analysis Review

General overview for 25/02/2015 13:00 CET

This market still trades inside the neutral zone and around the weekly pivot at the level of 1.2496. The consolidation takes a little longer than anticipated, but the bias is still bullish and the market should violate the upper golden channel line soon. Please, notice that currently the market is making wave b purple and this could take much more time than a usual corrective cycle.

Support/Resistance:

137.25 - 137.64 - Projected Target Zone

136.90 - WR1

135.58 - Intraday Resistance

135.21 - Weekly Pivot

134.43 - Intraday Support

134.21 - WS1

133.55 - Intraday Support

Trading recommendations:

The market is still trading inside the range zone, but daytraders should consider opening buy orders only when the level of 135.88 is violated with relatively tight SL (20-30 pips) and TP at the level of 137.25 - 137.64. Please, notice that the wave b purple might get more complex and time consuming, so it is safer to wait for an impulsive breakout above the level of 135.88 to trade it. Patience, please.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/JPY for Febuary 25, 2015 . Thanks for your support.

Technical analysis of USD/CAD for Febuary 25, 2015 Market Analysis Review

General overview for 25/02/2015 12:40 CET

The long-term scenario was relabeled and updated. The first most important conclusion is that the market has not completed the upward wave progression and there are some waves missing so far. This means the larger-term outlook is still bullish for this pair until the wave development is finished.

Currently the market is in wave (4) corrective cycle and it should resume the rally when the correction is completed. According to the intraday wave progression, there is only wave (e) blue of wave (4) black missing to complete the triangle pattern. If, however, this pattern is invalidated (breakout below the technical support at the level of 1.2349), the alternate corrective scenario is in play.

Support/Resistance:

1.2349 - Technical Support

1.2420 - Intraday Support

1.2435 - WS1

1.2477 - Intraday Resistance

1.2496 - Weekly Pivot

Trading recommendations:

The buy orders from yesterday hit the anticipated TP level, and the market sharply reversed to the downside. Currently, after the intraday sell-off the buy zone is preferred again with SL bellow the level of 1.2349.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/CAD for Febuary 25, 2015 . Thanks for your support.

Technical analysis of GBP/USD for February 25, 2015 Market Analysis Review

Overview :

• Due to the previous events, the price of GBP/USD pair is still trading between the levels of 1.5466 and 1.5606. So, it is better to be careful at this range area around the level of 1.5466 (61.8% of Fibonacci retracement levels). Therefore, first step is to wait for a period of tight sideways range market before deciding to deal. Then, the market is probably going to start showing the signs of bullish market again at the same price of 1.5466. In other words, it will be a good sign to buy above the support that sets at the price of 1.5466 with a first target of 1.5551 and it will climb towards the first resistance at 1.5606. However, if the the pair could not break this resistance, the market will probably indicate a bearish opportunity below 1.5606 (it should be noted that the 78.6% of Fibonacci retracement levels is 1.5606 on the H4 chart), then the level is going to act as strong resistance. So it will be a good sign to sell in the short term below the level of 1.5606 with the first target of 1.5495 and it is going to call for downtrend in order to continue a bearish market towards 1.5460.

Observations :

• A strong support will be set at the level of 1.5466.


• The resistance has been already placed at the point of 1.5606.


• We expect a new range of 273 pips at least this week.


• Please, check out the market volatility before investing because the price may have already been reached and scenarios become invalidated.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of GBP/USD for February 25, 2015 . Thanks for your support.

Technical analysis of EUR/JPY for February 25, 2015 Market Analysis Review

Technical outlook and chart setups:

The EUR/JPY pair has been holding at the levels of 135.00 until now, and a break higher is expected soon. It is recommended to remain long with risk at the levels of 132.50. Immediate support is seen around the levels of 133.54 followed by 132.50, 130.00 and lower, while resistance is seen at the levels of 137.50-138.00 followed by 142.50 and higher, respectively. Looking into the larger wave structure, the current rally is expected to reach at least 137.50-138.00, and bulls are expected to remain in control until prices stay above the levels of 132.50.

Trading recommendations:

Remain long for now. Stop is 132.50, target is at 137.50/138.00.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/JPY for February 25, 2015 . Thanks for your support.

Technical analysis of AUD/USD for February 25, 2015 Market Analysis Review

Overview :

• The AUD/USD pair has risen from the level of 0.7822 and has extended further to as high as 0.7880 (38.2% of Fibonacci retracement levels) today. The pair closed at 0.7865 yesterday. The price was placed above 23.6% of Fibonacci retracement levels two days ago. Moreover, it should be noted that the price has formed a strong supports at 0.7791 and 0.7860. Furthermore, this strong level is still moving between 23.6% of Fibonacci retracement levels and 50% on the H4 chart. Hence, market will probably start showing the signs of bullish market again in order to indicate a bullish opportunity from the level of 0.7791 to 0.7860 with targets towards the strong resistance around the spot of 0.7918 - 0.7959 (50% of Fibonacci retracement levels). Meanwhile, the bulls were forced to pull back at the level of this area; therefore, this level will form a strong resistance at 0.7960 in order to indicate a bearish opportunity below this resistance, so it will be a good sign to sell below the price of 0.7960 with a target at 0.7895 and it might resume to 0.7852 in the short term.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of AUD/USD for February 25, 2015 . Thanks for your support.

#USDX technical analysis for February 25, 2015 Market Analysis Review

The sideways consolidation continues. No clear trend or signal yet. Traders should be cautious and better wait for a clear break out. Resistance at 95 was not broken as price was not able to break above it yet another day.

Green line = resistance

Blue line = support

The Dollar index continues to trade within the trading range between 95.25 and 93.40. There is still no clear trend. The index is trading around the Ichimoku cloud and I believe that soon we should see a new trend start. This consolidation will soon end and traders will then have to follow the break out signal.

Black lines = triangle pattern

The Dollar index remains inside the triangle pattern. Price is below the tenkan-sen and above the kijun-sen. Soon we will see a triangle breakout. The triangle boundaries are at 95 and at 94.Until we see a breakout, I remain neutral. The longer-term trend remains bullish.

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



For detail explanation and best discovery on daily market trends and news you may visit via #USDX technical analysis for February 25, 2015 . Thanks for your support.

Technical analysis of Silver for February 25, 2015 Market Analysis Review

Technical outlook and chart setups:

Silver has bounced off the fibonacci 0.618 support of the rally between $14.65 and $18.50 levels, at $16.10 levels as depicted here. The metal is expected to hold $16.10 levels support and resume rally towards $20.00 and $20.84 respectively. It is highly recommended to remain long for now and also look to add further positions, with risk at $15.50 levels. Immediate support is $16.10 (interim), followed by $15.50 and lower respectively while resistance is seen at $17.50 (interim), $18.50 and higher respectively. Silver bulls are poised to be gearing up for an extensive rally into $21.00 at least

Trading recommendations:

Remain long, stop at $15.50, the target is open.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of Silver for February 25, 2015 . Thanks for your support.

Daily analysis of major pairs for February 25, 2015 Market Analysis Review

EUR/USD: This currency trading instrument has not assumed any significant direction this week. However, the more probable scenario is that the price would go upwards when momentum does return to the market.The first target is at the resistance line of 1.1450.

USD/CHF: The USD/CHF pair is also trading in an equilibrium phase as the price gallivants around the resistance level at 0.9500. The outlook is bullish in the near term: the EMA 11 is above the EMA 56 and the Williams’ % Range period 20 is poised to move into the overbought region, in case the buying pressure continues. On the other hand, any development of serious buying pressure in the EUR/USD pair would cause USD/CHF to tumble.

GBP/USD: In this market, the distribution territory at 1.5450 has already been challenged more than once. While the price may go as far as another distribution territory at 1.5500, the GBP is more likely to see a limited bullish movement this week. A pullback is possible anytime this week.

USD/JPY: The USD/JPY market remains dicey as bulls and bears engage in a tight struggle. There is a supply level at 120.00 and a demand level at 118.00. Eventually, the price would close above the supply level at 120.00 or close below the demand level at 118.00. Really, a close above that supply zone is more likely.

EUR/JPY: This market is currently in an equilibrium phase and it would be OK to wait until there is a break below the demand zone at 134.00 or a break above the supply zone at 136.50. The latter action is more likely, because bulls are ready to fight against any southward plunge in the near term.

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



For detail explanation and best discovery on daily market trends and news you may visit via Daily analysis of major pairs for February 25, 2015 . Thanks for your support.

Elliott wave analysis of EUR/NZD for February 25 - 2015 Market Analysis Review

Technical outlook and chart setups:

Gold is looking up to rally towards fresh highs at $1,400.00 levels in the coming sessions. The metal has finally bottomed out after forming lows at $1,190.00 levels twice in a row, producing a tweezer bottom and following up well with a bullish candle in formation right now. Trading at $1,209.00, the metal is seeking to clear above $1,225.00 as initial target, that could set it up to rally further. Also, the entire structure is looking like an inverted head and shoulder reversal, with potential right shoulder being carved out at $1,190.00 levels. It is strongly recommended to hold long positions and look to add on dips, with risk at $1,170.00 levels. Immediate support is seen at $1,190.00 levels (interim), followed by $1,170.00, $1,030.00 and lower while resistance is seen at $1,225/35.00 levels (interim), followed by $1,280.00, $1,307.00 and higher respectively.

Trading recommendations:

Remain long, stop at $1,170.00, the target is open.

Good luck!

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



For detail explanation and best discovery on daily market trends and news you may visit via Elliott wave analysis of EUR/NZD for February 25 - 2015 . Thanks for your support.

Elliott wave analysis of EUR/JPY for February 25 - 2015 Market Analysis Review

Technical summary:

We have been locked inside a range between 133.51 and 135.91 the last couple of days. The question of course is whether wave (iv) ended at 136.69 or one more rally higher towards 137.65 is needed? As long as support at 133.51 protects the downside, we will let bulls have the benefit of the doubt. That said, only a break above 135.91 will confirm the rally towards 137.65 to end wave (iv). If however, support at 133.51 is broken, the the count will shift immediately to a finished wave (iv) at 136.69 and wave (v) lower towards 125.98 is developing.

Trading recommendations:

We are short EUR from 133.90 and will keep our stop at 136.00. EUR should only be sold near 137.65 or upon a break below support at 133.51.

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



For detail explanation and best discovery on daily market trends and news you may visit via Elliott wave analysis of EUR/JPY for February 25 - 2015 . Thanks for your support.

Technical analysis and trading recommendations on Gold for February 25, 2015 Market Analysis Review

At yesterday's session, the metal fell to $1,190.50, but managed to close above $1,200.00. The metal fell below $1,200.00 thrice and managed to close above it. It's a good sign. Yellen suggests the first rate hike may not happen before the second half of the year. The US consumer confidence index declined in February after increasing in January. The Index now stands at 96.4, down from 103.8 in January. The yellow metal is hovering at a seven-week low at $1,200.00. In India RBI lifted a ban on gold imports. Nominated banks get permission to import gold on a consignment basis. We expect the imports for February to increase by 40 odd tonnes. On a weekly closing basis, bulls must close above $1,217.00. The intraday support exists at $1,196.00. The weekly resistance is set between $1,217.00 and $1,223.00. Intraday resistance is at $1,210.00. We recommend fresh buying above 1210.00 with the targets at 1212.00, 1215.00, and 1217.00. Besides, we recommend fresh selling below $1,196.00 with the targets at $1,190.00, $1,185.00, and $1,180.00. A daily close below $1,185.00 leads to $1,170.00, $1,167.00, and $1,150.00.

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



For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis and trading recommendations on Gold for February 25, 2015 . Thanks for your support.