Volkov Yuriy Posted November 20, 2015 Report Share Posted November 20, 2015 Gold, Silver, Oil Weekly Analysis Gold Weekly Review Weekly Review: For the past three weeks Gold has traded short following a bounce from a the weekly resistant level 117735. Following the previous week's downward movements, we are very reluctant to go long, however, the size of the previous week's red candle indicate that, although we are headed short, the downward movement may be short lived probably only up to lower support trend line. Any clear movements below this trend line will signal further downward movements to the lower side. We will however be looking for long positions along this supportive trend line. Trade Recommendations: If you haven't sold gold already, wait and sell below 1064.77 but with out targets at 1041.33, and the next target at the support trend line. Silver Weekly Review Weekly Review: Since Silver bounced of from a resistive trend line at 16.038, the commodity has continually headed short, The commodity even ended up closing below a very significant support level 14.33. Following this downward movements, we are very reluctant to go long, instead we will remain short but with an ultimate stop at the lower supportive trend line. Any movements below this support trend line will signal further movements to the lower side. Downward movements in other commodities such as Gold, will signal similar downward movements in silver. These commodities are positively correlated are thus expected to follow similar price movements. Trade Recommedations: Remain short in the silver markets but with an ultimate stop at the lower supportive trend line. Any clear movements will signal further movements to the lower side. Oil weekly Review Weekly Review: For the past six weeks, after oil bounced off from a key weekly resistant 49.64, the commodity has continued short and is currently trading along a very significant support level 40.41. Following the massive downward movements witnessed during the previous week, we are very reluctant to execute long positions. However, we will be keen to look for further short positions below 36.77. This downward movements is highly anticipated since since other commodities such as Gold has been short for almost three weeks, meaning as long as gold continues short, oil and other commodities may as well be headed short. Gold, Silver, and oil appear to have positive correlation. In an event that bullish candles appear above 40.41, then we will be looking for potential buy positions. this would only mean the demand has began to outdo supply of the commodity. Trade Recommendation: Remain short but only up to 36.77, any clear movements below this level will signal further movements to the lower side. Check the website for more information: https://freshforex.com/analitics/fresh-forecast/forex-correlation-and-Elliott-wave-analysis/week_1044.html Link to comment Share on other sites More sharing options...
Gloria Posted January 4, 2016 Report Share Posted January 4, 2016 Freshforex company has a very qualified specialists. they always provide good and useful forecasts, that's why I usually read this fresh forecasts before I begin to trade. Link to comment Share on other sites More sharing options...
Gloria Posted January 7, 2016 Report Share Posted January 7, 2016 If the price could break 1.0790 again it would be a bearish sign that we may be challenging the 1.0700 level quite soon, and that this was the more likely scenario for the day. I was proven to be quite right as this is exactly what played out, with the price falling all the way down to 1.0710. Link to comment Share on other sites More sharing options...
Gloria Posted January 8, 2016 Report Share Posted January 8, 2016 The situation continues: JPY is the strongest of all currencies, as it is seen as a “risk off” currency and risk right now is well and truly off! Even though the USD is the second strongest currency, this pair is moving quite firmly downwards and every time it touches an obvious resistance level on a pullback it plummets. This happened again yesterday at 118.72. Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted January 28, 2016 Author Report Share Posted January 28, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted January 29, 2016 Author Report Share Posted January 29, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted February 3, 2016 Author Report Share Posted February 3, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted February 4, 2016 Author Report Share Posted February 4, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted February 11, 2016 Author Report Share Posted February 11, 2016 Link to comment Share on other sites More sharing options...
Gloria Posted February 13, 2016 Report Share Posted February 13, 2016 I wonder are you going to post video analytics every day? I may as well watch it from this thread... Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted February 25, 2016 Author Report Share Posted February 25, 2016 Link to comment Share on other sites More sharing options...
Gloria Posted March 6, 2016 Report Share Posted March 6, 2016 I have already traded with FreshForex for a long time and I liked it. This broker has everything for successful trading. There is no minimum deposit here, and you can choose different leverage. You can open a lot of accounts with different base currencies. It has fast execution and withdrawal without any problems. Link to comment Share on other sites More sharing options...
Gloria Posted March 12, 2016 Report Share Posted March 12, 2016 The precious metal touched $1279.76 last week, its highest since Feb. 3, 2015, supported by growing perception that the U.S. Federal Reserve will not raise interest rates at its March 15-16 policy meeting. Technical selling was also behind gold's 0.64% drop on Wednesday. Not surprisingly, the bulls' failure to maintain prices above the 1262/0 area put some extra pressure on the market. Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted March 29, 2016 Author Report Share Posted March 29, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted April 15, 2016 Author Report Share Posted April 15, 2016 Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted May 26, 2016 Author Report Share Posted May 26, 2016 EURUSD Elliot Waves Analysis For 26 May 2016 26 May 2016, EUR/USD Wave Analysis: EUR/USD is currently trading with a strong bullish bias. Yesterday, the pair made a marginal higher high and even broke above 1.1166. Following this breakout, we expect further momentum to the upper side but should not close above 1.12177. This view remains valid as long as the pair trades above 1.1166, a clear breakout below 1.1166 and also below 1.1138 will lead to an acceleration to the lower side. This pair should be traded alongside EUR/CHF, GBP/USD, and AUD/USD. These pairs have a strong positive correlation of up to +0.85 and will likely have a similar price action during this week. Trade Recommendations: Wait for minor downward pullbacks towards 1.1166, then go long with your target at 1.12177. Sell positions are only ideal below 1.1138 with you ideal target at 1.1099. Check the website for more information: https://freshforex.com/analitics/fresh-forecast/forex-correlation-and-Elliott-wave-analysis/issue_77660.html Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted June 3, 2016 Author Report Share Posted June 3, 2016 EURUSD Elliot Waves Analysis For 3 June 2016 03 June 2016, EUR/USD Wave Analysis EUR/USD is currently trading with a slight bullish bias. Yesterday, wave (5) ended a bit earlier than expected and even closed below our target resistance level 1.12177, before heading massively short. Following the break below 1.1160, we expect the current upward rally to be a mere corrective upward rally and should not close above 1.1166, a break above this level may lead to an upward rally towards 1.1192 but should not close above 1.12177. Ideally, this pair is in an overall downward trend and may accelerate towards 1.1104 upon rebounding from the zone 1.1160-1.1166. This pair should be traded alongside Gold, EUR/GBP, and Silver. These commodities and Currencies have a strong positive correlation of up to +0.90 and will have a similar price action during this intraday. Trade Recommendations: If you are not short already, wait for the current upward rally to go short with your ideal target at 1.11045. Buy positions are only ideal if the current pullback close above 1.1166. If the latter is the case, then buy the pair with your targets at 1.1192 and 1.1217. Check the website for more information: https://freshforex.com/analitics/fresh-forecast/forex-correlation-and-Elliott-wave-analysis/issue_81681.html Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted June 29, 2016 Author Report Share Posted June 29, 2016 Daily Forex market review 29 June 2016 EUR/USD (Euro/dollar pair) US GDP for the first quarter was revised to the positive direction, and June's index of consumer confidence from the Conference Board rose to its highest level for the 8 months. Thus, economic growth ha accelerated in the United States, which favors US dollar. - ADX on the daily, 4-hours and the hourly charts indicates a flat. - RSI on the daily, 4-hours and the hourly charts indicates a flat as well. - We should open Sell positions at 1.1100 (one eleven double zero) and 1.1150 (one eleven fifty). As for Take profit orders, we should set them at 1.1040 (one ten forty) (area of the lower Bollinger bands indicator on the hourly chart). GBP/USD (Pound/dollar) - On 27 and 28 of June two largest international rating agencies Standard & Poor's and Fitch downgraded the UK's rating, that will force outflow of capital from the country. - ADX on the daily, 4-hours and the hourly charts indicates a flat. - RSI on the daily, 4-hours and the hourly charts indicates a flat as well. - The pair is in the flat, cause large market participants continue to build up short position in the market. - We should open Sell positions at 1.3390 (one thirty three ninety) and 1.3500 (one thirty five double zero). As for Take profit orders, we should set them at 1.3240 (one thirty two forty) (area of strong support level). USD/JPY (Dollar/Japanese Yen) - On tuesday the fear index S&P500 VIX showed a decline in the rate of 21.3% (twenty one dot three per cent) It indicates an increase in demand in risky assets and allows bulls testing the upper border within the range 101.39 -103.25. (one hundred and one dot thirty nine - one hundred and three dot twenty five) - ADX on the daily chart indicates a strong downtrend; whereas, on the 4-hour and the hourly charts it shows flat. - RSI on the daily, 4-hours and the hourly charts indicates a flat. - We should open Sell positions at 102.80 (one hundred and two dot eighty) and 103.20 (one hundred and one dot twenty) (area the upper Bollinger bands on the hourly chart) As for Take profit orders, we should set them at 102,00 (one hundred and two sharply) (area of the lower border Bollinger bands indicator on the hourly chart). More information Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted June 30, 2016 Author Report Share Posted June 30, 2016 Daily Forex market review 30 June 2016 EUR/USD (Euro/dollar pair) US report on private consumption for May indicates acceleration of economic growth in the second quarter, which is positive for US dollar. - ADX on the daily and 4-hour charts indicates a flat, on the hourly chart it is nearing the downtrend zone. - RSI on the daily, 4-hour charts and the hourly chart indicates a flat. - We should open Sell positions at 1.1140 (one eleven forty) and 1.1180 (one eleven eighty) (area of the upper Bollinger band on the hourly chart). As for Take profit orders, we should set them at 1.1060 (one ten sixty) (area of the lower border on the Bollinger bands indicator on the hourly chart). GBP/USD (Pound /dollar) - In credit markets, yield of the 10-years' UK government bonds has dropped against their counterparts from the USA and Germany, which makes investments in British assets less attractive. The bond market still conveys that sales of the pound are not over yet. - ADX on the daily and 4-hour charts indicates a flat, on the hourly chart it is nearing the downtrend zone. - RSI on the daily, 4-hour charts and the hourly chart indicates a flat. - We should open Sell positions at 1.3480 (one thirty four eighty) and 1.3530 (one thirty five thirty) (area of the upper Bollinger band on the hourly chart) As for Take profit orders, we should set them at 1.3350 (one thirty three fifty) (area of the lower Bollinger band indicator on the hourly chart). USD /JPY (Dollar/Japanese Yen) - Despite a strong growth of stock indices since the beginning of the trading week (for example, Nikkei 225 rose by 4.11% (four dot eleven per cent) and the Euro Stoxx 50 by 2.02% - two dot zero two per cent), the pair has completely ignored this positive background and demonstrated a modest growth by 0,3% (zero fot three per cent) . This indicates a large number of sellers on the market. - ADX on the daily chart indicates a strong downtrend; whereas on the 4-hour chart and hourly charts it indicates a flat. - RSI on the daily, 4-hour charts and the hourly chart indicates a flat. - We should open Sell positions at 102.90 (one hundred and two dot ninety) and 103.30 (one hundred and three dot thirty) (area the upper Bollinger band on the hourly chart). Open Take profit orders at 101.50 (one hundred and one dot fifty) (area of the lower border Bollinger band on the 4-hour chart). More information Link to comment Share on other sites More sharing options...
Volkov Yuriy Posted July 5, 2016 Author Report Share Posted July 5, 2016 Daily Forex market review 05 July 2016 EUR/USD (Euro/dollar pair) - on Monday the Italian government said that is not going to solve problems of credit institutions at the expense of state. Problems in Italian banks (and not only they alone) and a lot of investors began to sell banks' shares in a hurry, which is negative for the euro. - ADX on the daily chart shows the flat; whereas on the hourly chart it shows the downtrend. - RSI is out of the oversoldness area and allows us holding Sell trades. - Recommendation: We should open Sell positions from 1.1140 (one eleven forty) and 1.1170 (one eleven seventy) (area of the middle and upper Bollinger bands, respectively). Set take profit at 1.1097 (one ten ninety seven) (a strong support). GBP/USD (Pound /dollar) - PMI index of the UK construction sector in June fell to its lowest level since October 2009 (two thousand and nine). In our opinion, this is just the beginning. Further we will receive an entire portion of weak macroeconomic statistics, cut of the rate by the Bank of England, increase of the QE (Quantitative Easing) package and decline of the pound to new multi-years Lows. - ADX on the daily chart shows the flat; the hourly chart shows the downtrend. - RSI on the hourly chart is in the oversoldness area, signaling a possible upward correction. - Recommendation: We should open Sell positions from 1.3260 (one thirty two sixty) and 1.3305 (one thirty three zero five) (area of the middle and upper Bollinger bands, respectively). Set take profit at 1,3119 (one thirty one nineteen) (a strong support) USD/JPY (Dollar/Japanese Yen - "Risk appetite" has dropped again, which plays into the hands of bears. Once again, dark clouds are above the European banking sector: the Italian government refused to provide banks with additional liquidity. The management of Deutsche Bank does not know what to do with bad assets. Very often, crises begins with the banking sector. In 2008, it were the US banks, now, 8 years later, apparently, it will be the European financial institutions. - ADX on the daily chart shows the flat; whereas on the 4-hour and hourly charts it shows the downtrend chart. - RSI hourly chart has formed a divergence in the oversoldness zone, indicating the upward correction. - Recommendation: We should open Sell positions from 102.30 (one hundred and two dot thirty) and 102.65 (one hundred and two dot sixty five) (the area of the middle Bollinger band). Set take profit at 100,82 (one hundred sharply dot eighty two (a strong support) Watch video forecast Link to comment Share on other sites More sharing options...
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