Sunday , 19 November 2017

About Instaforex

EUR/NZD analysis for December 16, 2016

EUR/NZD analysis for December 16, 2016

Recently, EUR/NZD has been moving upwards. The price tested the level of 1.5000 in a high volume. Using the market profile, I found yesterday's point of control at 1.4795 on the 30M time frame. The pr ...

Read More »
Gold analysis for December 16, 2016

Gold analysis for December 16, 2016

Recently, gold has been trading sideways at the price of $1,130.80. Using the market profile, I found today's point of control at the price of $1,133.30 on the 30M time frame. The price is trading bel ...

Read More »
Daily analysis of Gold for December 16, 2016

Daily analysis of Gold for December 16, 2016

OverviewGold has been trading with an upward bias since morning to move away from $1,124.88, which supports our bullish trend expectations in the short term. The metal is heading for the upward target ...

Read More »
Daily analysis of Silver for December 16, 2016

Daily analysis of Silver for December 16, 2016

OverviewSilver price suffered sharp losses yesterday after breaking 16.56 level, which puts the price under negative pressure. So we expect silver to continue trading towards 15.49 level as a next mai ...

Read More »
NZD/USD Intraday technical levels and trading recommendations for December 16, 2016

NZD/USD Intraday technical levels and trading recommendations for December 16, 2016

During August and September, a consolidation range was established from the price level of 0.7250 up to 0.7350.Later on October 20, the lower limit of the consolidation range (0.7250) stood as a tempo ...

Read More »
USD/CAD intraday technical levels and trading recommendations for December 16, 2016

USD/CAD intraday technical levels and trading recommendations for December 16, 2016

On May 16, a bullish pullback towards 1.3000 (61.8% Fibonacci level) was expected to offer a valid signal to sell the USD/CAD pair. However, a lack of a significant bearish rejection was manifested du ...

Read More »
Global macro overview for 16/12/2016

Global macro overview for 16/12/2016

Global macro overview for 16/12/2016:The November 2016 Eurozone CPI final data were released today and they coincided with flash estimates. The Consumer Price Index was released at the level of 0.6%, ...

Read More »
Global macro overview for 16/12/2016

Global macro overview for 16/12/2016

Global macro overview for 16/12/2016:The Bank of England monetary policy decision did not surprise market participants. BoE has decided to leave the interest rate at the level of 0.25% and asset purch ...

Read More »
Elliott wave analysis of EUR/NZD for December 16, 2016

Elliott wave analysis of EUR/NZD for December 16, 2016

Wave summary:We have finally broken above minor resistance at 1.4823 indicating that the ending diagonal from 1.5837 is complete and a new impulsive rally is building towards 1.5837 and above. Short t ...

Read More »
Elliott wave analysis of EUR/JPY for December 16, 2016

Elliott wave analysis of EUR/JPY for December 16, 2016

Wave summary:We continue to look for more downside pressure towards 120.10 to complete wave (iv) and set the stage for a new impulsive rally in wave (v) towards 126.59. Short term, we are looking for ...

Read More »
scroll to top