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Constructor.instaforex.com news digest

  • 9 years

    Daily analysis of GBP/JPY for September 04, 2014

    Yesterday's closing below the resistance level of 173.30 gave the price an opportunity for bearish move. As shown here, the price is trying to continue its bearish move by breaking the support level of 172.00 and closing below 4h. In that case, we may...

  • 9 years

    Daily analysis of Silver for September 04, 2014

    As shown in the today's H4 chart, the metal is stabilizing above the support level of 19.00 after its failure to break the resistance level of 19.20 again. Currently, we should wait for retesting the support level again and closing below to get the bearish...

  • 9 years

    GBP/USD intraday technical levels and trading recommendations for September 4, 2...

    One month ago, bears initiated a bearish trend off the price levels around 1.7150-1.7190. Since then, the GBP/USD pair has been declining within the depicted bearish channel.
    The price levels of 1.7050 - 1.7000 failed to provide enough support for the pair. Hence, bears had an initial bearish target around 1.6800....

  • 9 years

    USD/CAD intraday technical levels and trading recommendations for September 4, 2...

    The bullish breakout off the depicted channel allow bulls to retest the price zone between 1.0910-1.0850 (50-61.8% Fibonacci levels on the daily chart) where a prominent congestion zone was previously formed.
    One month ago, the USD/CAD pair failed to maintain daily closure above price level of 1.0950, then a double-top reversal pattern was expressed at retesting last week....

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