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Technical analysis of Silver for January 19, 2015 Technical outlook and chart setups: Silver pushed through the initial resistance at the $17.80/82 levels on Friday. The metal is unfolding into a potential inverted head and shoulder reversal as it has been discussed earlier. The metal could...

Technical analysis of Gold for January 19, 2015 Technical outlook and chart setups: Gold has raised through the $1,282.00 levels as seen here, and is testing the sloping trend line resistance at the moment. Also the initial Fibonacci extension has been met at the $1,279.00 levels, hence a...

Technical analysis of USD/JPY for January 19, 2015 In Asia, Japan will release the Consumer Confidence report and Revised Industrial Production m/m. The US will not release any economic data because of Martin Luther King National Holiday. So, there is a big probability the USD/JPY pair will...

Intraday technical levels and trading recommendations for GBP/USD for January 19, 201 Consolidation movement range between the price levels of 1.5770 and 1.5550 represented the state of indecision on the market after such a long bearish rally that started off 1.7100 and 1.6500. As...

Intraday technical levels and trading recommendations for EUR/USD for January 19, 201 The market currently looks oversold below the price level of 1.2000 and 1.1900 (prominent psychological SUPPORT and the lower limit of the movement channel on the H4 chart). Currently, SELLING the EUR/USD...

Technical analysis of USD/CHF for January 16, 2015 Fundamental overview: USD/CHF is expected to trade in a volatile fashion amid thin liquidity after plunging as low as 0.7360 on Thursday - its record low in three and a half years - after Swiss National Bank expectedly cancelled the minimum...

Gold technical analysis for January 16, 2015 Gold price made a decisive breakout yesterday above $1,245. This was needed for the breakout not to be considered as fake. With this breakout our first target of $1,260-70 has been reached. However, there is still some more upside potential that...

Technical analysis of USD/JPY for January 16, 2015 Fundamental overview: USD/JPY is expected to trade downside. It is undermined by the flows to haven JPY and unwinding JPY-funded carry trades amid increased risk aversion (VIX fear gauge rose 4.24% to 22.39, S&P 500 closed 0.92% lower at...

Intraday technical levels and trading recommendations for GBP/USD for January 16, 201 Consolidation movement range between the price levels of 1.5770 and 1.5550 represented the state of indecision on the market after such a long bearish rally that started off 1.7100 and 1.6500. As...

Intraday technical levels and trading recommendations for EUR/USD for January 16, 201 The market currently looks oversold below the price level of 1.2000 and 1.1900 (prominent psychological SUPPORT & the lower limit of the movement channel on the H4 chart). Currently, SELLING the EUR/USD...

InstaForex Loprais Team finishes 8th stage of Dakar 2015 On January 11, the 8th stage of the 2015 Dakar Rally came to an end. Despite the loss of time because of navigation mistakes, InstaForex Loprais Team managed to finish fourth losing 20 minutes to the leading crew Kamaz Master. Ales...

Technical analysis of Silver for January 15, 2015 Technical outlook and chart setups: Silver pushed higher towards the levels of $17.25 /30 today before pulling back to $17.05 for now. The metal is expected to push through the resistance at $17.40/50 and subsequently $17.80/18.00 levels...

Gold technical analysis for January 15, 2015 Gold price is currently above the short-term support of $1,225. The rejection at $1,245 is not a good sign and it increases the chances of a fake breakout. As long as Gold price is above $1,225, bulls will have the upper hand. Bullish confirmation...

Technical analysis of USD/JPY for January 15, 2015 Fundamental overview: USD/JPY is expected to trade with risks skewed to the downside after hitting almost a one-month low 116.07 on Wednesday. It is undermined by the flows to safe haven JPY and unwinding of JPY-funded carry trades amid...

Intraday technical levels and trading recommendations for GBP/USD for January 15, 201 Consolidation movement range between the price levels of 1.5770 and 1.5550 represented the state of indecision on the market after such a long bearish rally that started off 1.7100 and 1.6500. As...

Intraday technical levels and trading recommendations for EUR/USD for January 15, 201 The market currently looks oversold below the price level of 1.2000 and 1.1900 (prominent psychological SUPPORT & the lower limit of the movement channel on the H4 chart). Currently, SELLING the EUR/USD...

Technical analysis of Silver for January 14, 2015 Technical outlook and chart setups: Silver reached $17.20 levels before pulling back again towards $16.80 levels as seen on the 4H chart view depicted here. The metal should be well supported around $16.50/60 levels as immediate trend line...

Gold technical analysis for January 14, 2015 Gold price has reversed lower after reaching $1,245 and making a higher high than the one made in the early December. Despite a higher high sellers have pushed the precious metal back below $1,230. If this is a fake breakout, the reversal will be...

Technical analysis of USD/JPY for January 14, 2015 In Asia, Japan will release the Prelim Machine Tool Orders y/y, 30-y Bond Auction, and M2 Money Stock y/y. The US will publish some economic reports such as Beige Book, 30-y Bond Auction, Crude Oil Inventories, Business Inventories m/m...

Intraday technical levels and trading recommendations for GBP/USD for January 14, 201 Consolidation movement range between the price levels of 1.5770 and 1.5550 represented the state of indecision on the market after such a long bearish rally that started off 1.7100 and 1.6500. As...