NewForex ? Technical analysis and Forex news (daily) - page 4

 

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Tuesday, September 13, the pair USD/JPY tests different directions. As we see on today?s 15-minute chart it trades within the support at 101.40 and resistance at 102.05.

Yesterday, the US dollar was under significant pressure after statements by the leadership of the Federal reserve system. However, at the moment the american currency is stable against the yen.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GPB/JPY

In the trading on Tuesday, September 13, the pair GPB/JPY shows downward movement. As we see on today?s 15-minute chart it trades within the support at 135.15 and resistance at 136.10.

The yen continues to strengthen after the recent decisions by the Bank of Japan. And the pound still feels the pressure because of a British exit from the EU.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Tuesday, September 13, the pair EUR/USD trades in a narrow channel. As we see on today?s 15-minute chart it trades within the support at 1.1225 and resistance at 1.1242.

Tonight the publication of Federal Budget Balance is expected. These data can have a significant impact on the US dollar.

NewForex Analyst

Luigi Campo

Forex News from New Forex: The market is waiting for data from Germany

Today an important report on the results of the ZEW research in Germany will be published. It is important to remember that if index value is higher than expected it should be taken as bullish for the EUR, while a lower than expected should be taken as bearish for the EUR. The expected value of the index is 1.8.

As we remember previous ZEW data from Germany showed the size of the fall in German economic sentiment in July. It fell more than expected to −6.8.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Wednesday, September 14, the pair USD/JPY shows an upward movement. As we see on today?s 15-minute chart it trades within the support at 102.85 and resistance at 103.35.

On Tuesday the US dollar rose against the major currencies and recovered against the yen. The American currency is growing based on expectations of a US rate hike. Indicators confirm each other. NewForex analysts recommend to buy the pair with the target 104.35.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GPB/JPY

In the trading on Wednesday, September 14, the pair GPB/JPY trades in broad channel. As we see on today?s 15-minute chart it trades within the support at 135.15 and resistance at 136.10.

Today we see the instability of this currency pair. This is because the yen fell today after the report that the Bank of Japan considers the possibility of further measures of monetary policy easing.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Wednesday, September 14, the pair EUR/USD continues to trade in a narrow channel. As we see on today?s 15-minute chart it trades within the support at 1.1210 and resistance at 1.1244.

Expectations of increase in the price of the Euro was not confirmed. The pair continues to trade in side trend. NewForex analysts recommend to refrain from trading on this pair.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Market participants are waiting for the EIA report about oil resources

Market participants are expecting important weekly EIA report about oil resources in the United States. These data can greatly affect the price of the american currency. Today in the expectation of this report oil prices are rising after sharp fall yesterday.

Future meeting of the OPEC in Algiers in late September will also have a big effect on the price of oil. OPEC members plan to revisit the restriction of oil production. At the previous meeting they were unable to make this decision because of the refusal of Saudi Arabia to sign an agreement without Iran?s participation.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Thursday, September 15, the pair EUR/USD trades in a narrow channel. As we see on today?s 15-minute chart it trades within the support at 1.1240 and resistance at 1.1250.

Today we expect the publication of several important reports about the size of the base index and volume of retail sales in the United States. And in the evening German Bundesbank President Jens Weidmann is to speak. These events can influence the further movement of the pair.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GPB/USD

In the trading on Thursday, September 15, the pair GPB/USD is moving in broad channel. As we see on today?s 15-minute chart it trades within the support at 1.3240 and resistance at 1.3277.

Today important statistics are expected. These are the statistics from Britain on the volume of retail sales, information about the interest rate and publication of Bank of England monetary policy committee meeting minutes. We think this data will affect the pair. Good news will form a bullish direction for the GBP and negative news will create a bearish market for GBP.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Thursday, September 15, the pair USD/JPY shows an upward movement. As we see on today?s 15-minute chart it trades within the support at 101.93 and resistance at 102.64.

On Wednesday, the yen weakened against the dollar after the statements of the Bank of Japan. However, it regained its position later. At the same time, the dollar held steady against major currencies due to the uncertainty of when the Fed will raise rates.

NewForex Analyst

Luigi Campo

Forex News from New Forex: The Australian labour market is weakened

The Australian Bureau of statistics has published a report on employment in Australia for last month. According to the report the rate of change of employment in August decreased. The labor market remains weak. This is an indication that the economic situation in the country is getting worse.

Against to positive expectations the number of employed decreased on 3.900 to 11.963.700. At the same time the number of economically active population in Australia in August decreased by 0.2% to 64.7%.

Published low rate could generate a bear market for the AUD. Given these data NewForex analysts consider that we should expect that in the future the Reserve Bank of Australia will lower interest rates and Australian dollar will be weakened.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Friday, September 16, the pair EUR/USD begins noticeable downward movement. The European currency fell against the US dollar. As we see on today?s 15-minute chart it trades within the support at 1.1237 and resistance at 1.1250. NewForex analysts expect this pair will continue to move downward. In the second half of the day important statistics about the size of the base consumer price index in the United States are expected. These data will affect the pair?s movement. Good news will form a bullish direction for the USD and negative news will create a bearish market for USD.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of AUD/USD

In the trading on Friday, September 16, the pair AUD/USD is moving in broad channel. The Australian dollar fell against the US dollar. As we see on today?s 15-minute chart it trades within the support at 0.7495 and resistance at 0.7528. Yesterday came out negative data for AUD. However, the pair is not strongly dropped and stopped its movement near the key levels.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/GBP

In the trading on Friday, September 16, the pair EUR/GBP trades in a narrow channel. The Euro rose against the British pound. As we see on today?s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505. The pound is still under pressure after news from the UK. Today publication of important news is not expected.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Market participants await US data

Today a report about the size of the base consumer price index in the US in August will be published. This is the main way to measure changes in purchasing trends and inflation in the country. As we remember the basic consumer price index in July rose only 0.1% which was below the expected increase of 0.2%. Yet again there is the expected level of 0.2%.However, as we have seen in last month forecast can not be confirmed. As the dollar is in an unstable state these data will affect the currency price. The data above the expected will form a positive direction for the USD and disappointing data will create a negative market for USD.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of USD/CHF

In the trading on Monday, September 19, the pair USD/CHF trades in a narrow channel.USD/CHF is stable. As we see on today?s 15-minute chart it trades within the support at 0.8485 and resistance at 0.8505.

Technical indicators give a single buy signal.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Monday, September 19, the pair USD/JPY is moving in broad channel. As we see on today?s 15-minute chart it trades within the support at 101.66 and resistance at 102.15.

Currency pair USD/JPY fell. It happened as the dollar strengthened after data on Friday that consumer prices rose in August by 0.2% .

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Monday, September 19, the pair EUR/USD begins noticeable downward movement. As we see on today?s 15-minute chart it trades within the support at 1.1150 and resistance at 1.1175.

US dollar drops against the major currencies. This happens on the background of expectations of the fed?s important report .

NewForex Analyst

Luigi Campo

 

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Thursday, September 22, the pair EUR/USD continues upward movement. As we see on today?s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1230.

During today's trading the US dollar falls against the Euro after the decision of the Federal reserve system to keep the interest rate to 0.50%.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD

In the trading on Thursday, September 22, the pair GBP/USD is moving in upward channel. As we see on today?s 15-minute chart it trades within the support at 1.3025 and resistance at 1.3085.

The pair began to rise after yesterday?s release of statistics from the UK. The data showed that the economy was not weakened after the UK decision to leave the EU.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Thursday, September 22, the pair USD/JPY is trading in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 100.05 and resistance at 100.50.

Data about the American economy and disappointing decision of the Bank of Japan forms the movement of the pair USD/JPY to mark 100.

NewForex Analyst

Luigi Campo

Forex News from New Forex: US oil reserves have declined

Data published yesterday by EIA about oil resources in the United States did not confirm the expectations. These data showed a decrease of 6.2 million barrels of oil from the previous month. While its growth by 3.2 million barrels of oil was expected.

The market participants attention is drawn to future meeting of the OPEC in Algiers in late September. This meeting will also have a big effect on the price of oil. OPEC members plan to revisit the restriction of oil production. At the previous meeting they were unable to make this decision because of the refusal of Saudi Arabia to sign an agreement without Iran?s participation.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Friday, September 23, the pair USD/JPY is trading in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 100.75 and resistance at 101.15.

The pair is still influenced by the decision of the Bank of Japan. Although it is beginning to show a small increase. As we think, the pair will continue to remain in a sideways range. However, the price can go up on positive US data.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD

In the trading on Friday, September 23, the pair GBP/USD is moving in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 1.2985 and resistance at 1.3087.

Yesterday after statements by the representatives of the Bank of England was a notable rise of GBP. On Friday, representatives of the US Federal reserve will make a statement. It can also affect a currency pair.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Friday, September 23, the pair EUR/USD is moving in the sideways channel. Dollar falls against Euro. As we see on today?s 15-minute chart it trades within the support at 1.1193 and resistance at 1.1220.

The Euro held steady against the US currency after the release of mixed PMI of Eurozone. The main influence on the pair still has the fed decision.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Gold prices have decreased

Today the prices of gold have decreased after strengthening of the US dollar. On Wednesday there was a gold price hike after the fed?s decision to leave interest rates unchanged and the forecast for a less aggressive interest rate hike for the next two years. The dollar was under pressure after this data.

However, on Thursday came out strong statistics on the US labor market. For a week the number of applications for unemployment benefit in USA decreased on 8 thousand. While the growth was expected on 2 thousand. After these data, the dollar began to rise. This had a negative effect on the price of gold.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Monday, September 26, the pair USD/JPY is trading in the sideways channel. The U.S. dollar rose against the Japanese yen. As we see on today?s 15-minute chart it trades within the support at 100.65 and resistance at 101.10.

In the US there will be presidential elections soon. Therefore, the results of the televised debate of candidates in presidents of America will have an impact on the price of the pair. The debate will start tonight.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD

In the trading on Monday, September 26, the pair GBP/USD is moving in the sideways channel. The US dollar fell against the British pound. As we see on today?s 15-minute chart it trades within the support at 1.2925 and resistance at 1.2985.

An important report from the U.S. may affect the price of this pair. Today statistics of U.S. New Home Sales will be published.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Monday, September 26, the pair EUR/USD is moving in the sideways channel. The dollar fell against the Euro. As we see on today?s 15-minute chart it trades within the support at 1.1215 and resistance at 1.1235.

Today we expect two important events that may affect the price of the pair. This is a report on the Germany IFO Business Climate Index and the speech of European Central Bank president Draghi.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Oil prices rose

On Monday, 26 September, oil prices rose taking into consideration the growing expectations of the outcome of the meeting in Algeria. The weakening dollar also supported oil prices. So oil has recovered after sharp fall on Friday. This morning futures for oil of mark WTI rose in price by 0,74% and Brent by 0.73%.

On this week in Algeria will be held meeting of the OPEC. This meeting will also have a big effect on the price of oil. OPEC members plan to revisit the restriction of oil production. At the previous meeting they were unable to make this decision because of the refusal of Saudi Arabia to sign an agreement without Iran?s participation.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Tuesday, September 27, the pair USD/JPY is trading in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 100.05 and resistance at 101.00.

The published minutes of the Bank of Japan also weakened the pair. Because they are not made clear.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD

In the trading on Tuesday, September 27, the pair GBP/USD is moving in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 1.2905 and resistance at 1.3000.

NewForex analysts expect the pound will increase and the price of the pair will rise to 1.3100.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Tuesday, September 27, the pair EUR/USD continues the downward movement. As we see on today?s 15-minute chart it trades within the support at 1.1213 and resistance at 1.1260.

US dollar stable against major currencies. Market sentiment has improved because of good results of the TV debate of candidates in US presidents.

NewForex Analyst

Luigi Campo

Market participants wait for US data

Today market participants are waiting for important reports from the United States. Data about U.S. CB Consumer Confidence in the current month will be published. Analysts expect the indicator to fall to a value of 99.0. In August it stood at 101,1 points. The index reflects the perception by Americans of the current economic conditions and the associated expectations.

The results of the debates had a positive impact on the dollar. Hillary Clinton performed better than Donald Trump.Investors interested in the victory of Hillary Clinton. Therefore, they are closely watching what is happening. The next debate will be held on 9 October.

NewForex Analyst

Sara Rosenstein

 

Forex News from New Forex: Technical analysis of EUR/USD

In the trading on Wednesday, September 28, the pair EUR/USD shows a downward movement. Yesterday the Euro dropped against the US dollar. As we see on today?s 15-minute chart it trades within the support at 1.1180 and resistance at 1.1215.

Today it is expected many important reports from the United States and the President of the European Central Bank Draghi. These events can change the situation on the pair.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of GBP/USD

In the trading on Wednesday, September 28, the pair GBP/USD is moving in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 1.2980 and resistance at 1.3030.

Yesterday the pound broke through the level of 1.3000. Today we see a correction to this level. Therefore NewForex analysts see a buying opportunity.

NewForex Analyst

Luigi Campo

Forex News from New Forex: Technical analysis of USD/JPY

In the trading on Wednesday, September 28, the pair USD/JPY is moving in the sideways channel. As we see on today?s 15-minute chart it trades within the support at 100.50 and resistance at 100.80.

Today important data from the USA of core durable goods orders and crude oil inventories can affect the price of the pair. Today?s U.S. Fed chair Yellen testifies will influence the mood of the pair.

NewForex Analyst

Luigi Campo

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