empty
 
 
06.10.2017 12:16 PM
Daily analysis of major pairs for October 6, 2017

EUR/USD: The EUR/USD pair is currently bearish. The EMA 11 is below the EMA 56, and the Williams' % Range period 20 is in the oversold region. The next targets for bears are the support lines at 1.1700, 1.1650, and 1.1600.

This image is no longer relevant

USD/CHF: The USD/CHF pair has been going upwards slowly and gradually. Price is now above the support level at 0.9750, going towards the resistance level at 0.9800 (the first target). Then price could go towards other targets at 0.9850 and 0.9000 (resistance levels). As long as EUR/USD goes down, USD/CHF would continue trudging northwards.

This image is no longer relevant

GBP/USD: The GBP/USD pair has dropped by about 260 pips this week (having dropped by 430 pips since last week). There is a huge Bearish Confirmation Pattern in the chart and further downwards movement is possible, which would enable price to reach the accumulation territories at 1.3050, 1.3000, and 1.2950.

This image is no longer relevant

USD/JPY: This pair has been moving sideways so far this week, though a closer look at the market shows that bulls still have some advantage. A rise in momentum is expected this week or early next week, which would lead to further upwards movement (in case the Yen is weak). There is also a possibility of a downwards movement (in case the Yen is strong).

This image is no longer relevant

EUR/JPY: This cross has generated a short-term "sell" signals. The market has moved below the EMA 11 is the latter moves below the EMA 56. The RSI period 14 is below the level 50, which means price could go lower and lower, reaching the demand zones at 132.00, 131.50, and 131.00. The demand zone at 132.00 has been tested and it would be tested again.

This image is no longer relevant

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback