Technical Analysis by Vistabrokers

[Vistabrokers]

USD / JPY Reached Key Support



Drop of USD/JPY quotes led to the rapid achievement of indicated previously target values, where, at the moment, technically important support levels are arranged.

Thus, quotes reached the lowest level since October 2014. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. Gold Market Is Mixed



Quotes of Gold are close to the support line of the medium-term uptrend again. Given the current technical picture, a signal to buy may be formed here.

But we can not ignore the fact that trading are going virtually at the resistance line of the long-term downward trend. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Weekdays at Support Levels



The delicate balance recently achieved in USD/JPYis still observed. The pair has reached the lowest for the last year and a half level, as well as the 61.8% Fibonacci retracement level.

The importance of technical levels can not be underestimated. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

EUR / USD Is Still in Trend



EUR/USD continued its downward retracement. At this moment the pair reached the support line of the current short-term uptrend, where the bulls may take retaliatory action.

We will consider purchasesfrom the trend line if the corresponding signals are received from the indicators. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / CAD. Between Support and Resistance



USD/CAD continues to stay directly above the 61.8% Fibo retracement level of the rising momentum, which took place from May 2015 to January 2016.

Thus, quotes remain in the medium-term downward channel, which is an argument in bears' favor. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: USD/JPY





A short position in USD/JPY may be closed soon.

If the upward movement continues, we will have a good point to close with a profit. Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: GBP/USD



A result of our long position in GPB/USDwas fixed with loss at 1.4371.

Soon a downward movement continued, and we opened an order to sell. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GBP / USD. New Risks, New Drop



We should note a downward momentum of GPB/USD after yesterday's terrorist attacks in Brussels.

Due to this and other fundamental factors, soon we may witness the testing of the short-term uptrend support line. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. Danger Is Threatening Bulls



Some particularly sensitive bullsheard the alarm bell when Gold today went below the support line of the current medium-term uptrend.

It is recommended to stay out of the market until the quotes leave the range of 1226.55-1271.38. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Bulls Have Chance





USD/JPY continued to recover after the quotes had tested the whole area, consisting of a number of support levels.

It is recommended to be out of the market and to consider salesif the pair achieves and then reboundsfrom theupper border of the horizontal trading channel. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. It Worked out Well for Bears



Pressure of bears in the Gold market increased, which has led to a breakthrough of the nearest technically important support level.

Now we can draw the current downtrend channel. It is recommended to hold an order to sale openedon a breakthrough of 1226.55. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

EUR / USD Reached the First Retracement Level



The downward retracementin EUR/USD continued, resulting in achievement of a support level in a formof 38.2% Fibonacci retracement level.

This level can be used by bulls to increase positions to buyas a fundamental picture still favors them. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY Is in Trend



Despite the limited trading activity due to holidays, the current dynamics of USD/JPY is still very entertaining.

Thus, the upward movement continues within the framework of the short-term ascending channel. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. Retracement Continues

Quotes of Gold continued to decline after the price has passed the important support level last week (1226).

Currently the downward price channel is relevant. Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: EUR/USD



The result of the short position in EUR/USD was fixed after the price had broken the fractal level up at 1.1175.

According to the System rules we started to buy at this level. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: GBP/USD



The order to sell GPB/USD was closed with more than 200 points of profit with the signal of fractal crossing up.

At this level we opened the order to buy and it brings more that 100 points of profit. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: EUR/USD



Our order to buy EUR/USD brings us a large floating profit (at the time of writing the pair is at 1.1315).

We have added volume to the position based on some System signals. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: GBP/USD



We are still in the market with the long position in GPB/USD, which brings us more than 100 points of floating profit.

The red Alligator's line position shows that if the market reverses, we will likely to fix this profit. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

EUR / USD Is Preparing to Resistance Assault



The dollar continued its decline against major competitors in FOREX. We should note that in terms of technical analysis EUR/USD has achieved the five-month high.

It is recommended to buy on a breakthrough of the above indicated resistance line at 1.1377. Just published at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / CAD Updates 5-month Low



CAD continued to rise againstUSD, despite the negative trend in oil prices. Thus, USD/CAD has updated the five-month low.

Market participants are now at a certain crossroads, it is recommended to stay out of the market until we will receive new signals. Discover more at Technical Analysis of Vistabrokers.