FreshForex - Forex Market Analysiss

Selling from the area 1.5553-1.5562

Daily chart: the pair is striving to reach the upper Bollinger band (1.5715), but ADX show weaknesses, so we wait a strong resistance in this area...

Passing moves with local advantage of bulls

Daily chart: the pair is moving within the Bollinger envelopes, being "surrounded" by two colliding O&U s - from north it is from 1.1110, from south it is coming from 1.0825...

British Pound generally targets 1.54

Daily chart: a bearish pin from the upper Bollinger band has been produced , which almost certainly will bring the pair to the bottom Bollinger band in the next few days (1.5403)...

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In the event of a rollback to 123.70 we should sell

Daily chart : the middle Bollinger band (123.14) is being tested and, apparently, decline to the bottom band (121.36) will continue...

Selling from 123.70

The daily chart: the pair turns to be in flat within the envelope Bollinger, however, here is a loss of support from the middle band (123.21), we see a dive to the bottom envelope in the direction of the bottom line (121.36)...

Flat 1.0963 -1.1006

Daily chart: the middle Bollinger band (1.1026) has been reached and, in contrast to descending envelopes and passive ADX, we can expect decline to the bottom band (1.0784) prior to a new upward dash...


Looking for growth to 1.0959-1.0978 and decline to 1.0881

Daily chart: bulls are moving to the middle Bollinger band (1.1026), from where a pullback is probable to happen to the area of demand in Euro configured by the pattern O&U (1.0825)...

Waiting for a pullback from the area 1.0978 and then we shall buy again

Yesterday the pair has confirmed its correctional potential. The nearest strong resistance - the middle Bollinger band (1.1047), from where Euro can go to 1.0825, accumulating a probable demand within the frames of O&U pattern. From this area, it can move even upper to 1.1280 and 1.1380...

Gold is losing its weight

This week we have at least three reasons to expect a descending tendency to go on. 1. US currency is demonstrating a confident growth of quotations...

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Flat but it is not boring

The borrom Bollinger band is aimed to get a new Low, but supports are protected and there is a demand in Euro. Active ADX is not going through a correction though. Movement to the middle band (1.1153) will confirm that bulls control the situation...

Taking cue from oil, gold will get down

This week we are selling precious metal on growth of quotations. Firstly, investors will open short positions on the back of a positive decision to extend assistance to Greece...

All three frames speak for a further decline of Euro

Daily chart: a very strong pressure from ADX almost does not give any chances to bears. Euro is falling and will plan to fall further...


Weekly review of S&P500, spot gold and oil

Resolution of the question with “Greek debt” will set dynamics for the first half of the trading week. New negotiations between Athens and trio of creditors are scheduled for July 6. If parties are able to reach consensus, we will witness decline of quotations...

Waiting for decline to 122.10

Daily chart: yesterday brought bears' inside bar from the middle Bollinger band, which tells about readiness of the chart to decline down to the bottom Bollinger band (122.10)...

Trying to buy

Daily chart: consolidation of the price continued and yesterday we have received Inside Bar and new narrowing of envelopes. In the upper side there is a potential zone of the offer 1.1391 within the frames of O&U pattern, so in general we will be waiting for Euro in this part...

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Northern dynamics, but with a strong resistance based at 1.5817

The price has preserved potential of growth to the upper Bollinger band (1.5950), though the pair is based in the middle of the envelope range and that makes a correction to the middle line (1.5514) possible...

S&P500 is under the thumb of bears

The main event of the week and month will be the meeting of Fed Reserve on June 17, Wednesday. Financial institutes will look for an orienting point from it on change of the monetary policy...

Fight is on

Daily chart: bulls continue to terror bears, who are ready for it but also reserved a chance to make a revenge. Until resistance O&U (1.1466) is broken, euro can fall down to the bottom Bollinger band (1.0818)...


Waiting for attack of 123.76 and start of decline to 122.26

Sell from 124.75 and 125.45. Taking into account a big distance between these areas, we will need an additional signal for sales. Targets are 123.76 and 122.26...

Daily pinbar is traded

So, it seems that yesterday the price started to pefrom according to O&U. We shall sale from the area 50% of pinbar (1.1290)...

Key level - 1.1137

Right now bulls have reached a strong resistance level (1.1137, middle Bollinger band), so a rolldown is possible, but the outlook of movement to the entrance point according to the pattern Over&Under (1.1390) has been clearly shaped...


USD/JPY. We sell to 123.37

Daily chart: it seems that we may soon see a full-scale correction in the direction of the middle Bollinger band (121.16)...

Growth to 124.48 and downward correction

We have three bars outside Bollinger envelopes which brings market to correction...

Breakthrough to 1.1021 is possible

We continue to wintess how our scenario is implemented. Under this scenario, the bottom Bollinger band has demonstrated itself as a reliable line. That gave Euro potential to grow to 1.1390, from where a strong wave down will be supposed to come based on O&U pattern...


Wait touch of 1.53 and growth to 1.5472

Bears managed to get into the bottom envelope and now everything is ready for a further decline of price to 1.5065 (the bottom Bollinger band). We will try to assess their potential using younger charts...

Targets below are to be reached and fight is coming

Today bears are focused on the middle Bollinger band, because it has potential to get price down to 1.5065. Buyers are trying to fence them off, because the point of no return has not been reached yet. So, the fight is coming...

Two reasons to sell XAU/USD

This week you are recommended to open Sell for two reasons. First, 2 months' middle-term correction on US currency has finished and now we have a new cycle of growth of quotations...


A notable Northern signal received

Yesterday the upper Bollinger envelope has been broken. Therefore, a notable Northern impulse has been sent. Upon that, a preliminary correction can be made towards the middle line (119.74)...

The GBP/USD keeps strenghtening amid the USA weak statistics

Euro The euro shows the steady growth against the dollar and it recorded slight increase after setting a new intraday high. The France consumer ...

The EUR/USD keeps decreasing

Euro The euro has slightly fallen against the dollar. The European inflation confirmed the initial results in the last...


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