empty
 
 
07.01.2015 01:37 AM
Daily analysis of major pairs for January 7, 2015

EUR/USD: The bias here is bullish and the price may go further downwards, reaching the support line at 1.1850. There is a recalcitrant resistance line at 1.2000, which could be a great hurdle to the bulls’ interests.

This image is no longer relevant

USD/CHF: The USD/CHF is still a strong market and the price could still go further upwards. Bearish effort may allow the price to test the support level at 1.0000, which is now a strong barrier to the bears’ interests. Meanwhile, the price may end up reaching the resistance level at 1.0150.

This image is no longer relevant

GBP/USD: Since the last week Friday, the cable has now fallen by over 400 pips, reaching the accumulation territory at 1.5150. This accumulation territory would easily be breached to the downside, as the price goes further downwards another accumulation territory at 1.5100.

This image is no longer relevant

USD/JPY: This pair is also bearish in outlook – just like most other JPY pairs. The price is now trading below the EMA 56 and the RSI period 14 is below the level 50. This reality is also supported by the Bearish Confirmation Pattern in the chart and thus, the price could reach the demand level at 117.50, despite the fact that the USD is strong somewhere else.

This image is no longer relevant

EUR/JPY: The strength in the yen is still very much pronounced as JPY pairs are now mostly bearish. The EUR/JPY has trended downwards by close to 300 pips in this week alone. Further southward movement is expected on this cross, for the price could break the demand zone at 141.00 to the downside, moving towards another demand zone at 140.00.

This image is no longer relevant
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback