Daily Forex analysis by Real Trade

[RealTrade]

Hello forum members!

Good day!

I am Anatoly, a representative of Real Trade Group.
I will provide you daily forex analysis on this thread. Main advantage of our analysis is simpleness even for beginers.
We hope you'll like it.

Thank you!

Real Trade Group.

 

[RealTrade]

Forex forecast for 15 February

USD/JPY
Pair breakout the resistance 113,8. Fundamentaly pair need to buy, as trump will announc his stimulus plans and Janet Yellen is going to support dollar. For buyin better to wait correction to 113,8.

USD/CAD
Situatuiation with Canadian dollar is quite similiar to Yen. Breakout of the level 1,3060 opened petential to future gains. But for buyng Вetter to wait correction back to 1,3060.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex forecast for 16 February

USD/JPY
Yesterday pair failed, because of disappointed in dollar. As we may see, pair stopped near good support 113.7, where buy orders is actual.

USD/CAD
Now is good time to start to buy dollar vs major. Buying dollar against CAD is the best between1 1.3 and 1.3060. Stop Loss have to be moved bellow pair bottom 1.2975.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex analysis for 17 February

USD/JPY

Pair didn't hold level 113.9 and moved down. Strong Yen raising will continue till 112.5, where buy orders will be actual, but better to wait for reversal model or pattern which will give signal to buy.

AUD/USD

Australian dollar looks very strong, despite decline in chinese and New Zeland datas. Rising up more than 500 points without any correction make future corrections more possible. Pair is traded near strong resistance 0.77, which have never broked within last year. We should expect strong correction and sell pair, but better to do it after pair move under trandline.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex forecast for 20 february

USD/CAD
Finally pair broke trend line and and moved out of the figure. Pair is traded higher than 1.3060 and the best decision is to buy from this level.

USD/JPY
Friday pair traded in the downtrend, but didn’t move under broken trend line. Trend line support pair. Better to buy after price will break level 113.7.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex forecast for 21 February

XAU/USD
Pair is trading near uptrend line and if it breaks, we may see deeper correction to 1217 and 1209. Sell orders to be made after break of trandline.

EUR/GBP
Pair broke symetric triangle. Attempt to move back in the triangle failed. Now we can predict futher losses to 0,8460. Near this level buy orders with short Stop Loss can be made, but the main strategy is selling.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex forecast for 22 February

GBP/USD
Pair made figure “descending triangle”. Need to sell pair from downtrend line and wait breaking support line -1.24.

USD/JPY
Pair didn’t break the resistance line 113.7. For buying need to wait level 112.2 and there to trade with aim 113.7.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex Forecast for 23 February

GBP/USD
Pound was traded in descending triangle this week. As we expect, current break of the downtrend line is fake. Strong psychological level 1.25 is good resistance to sell the pair.

NZD/USD
This week New Zeland
dollar traded in narrow flat. If pair can break resistance line today, and stay above 0.7235, we may see deeper correction. We advise You to buy the pair after breaking level 0.7235.

Analysis is provided by Real Trade Group.

 

[RealTrade]

Forex analysis for 24 February

GBP/USD
"Symetric triangle was broke up. Pair traded in uptrend. However fundamental datas shows the weakness of britain aconomy. If Pair wont hold 1.2550 i'd be great moment to sell"

XAU/USD
Gold is in uptrend, because of the weak dollar. It made figure "ascending wedge", which show us, that reversal is might be soon. If gold will break lower trandline, it'll be signal to sell until next level 1216.

Analysis is provided by Real Trade Group.

 

[RealTrade]

GBP/USD
As we predicted pair returned in descending triangle range, and we should to seek continuation of downtrend. Line 1.24 is the only support now. Support breaking will mean bears have taken the market. Conservative traders should seek correction to 1.2450 and sell there, but aggressive – sell after support line breaking.

USD/JPY
Pair is trading near support level and downtrend line. That gives significant support for the pair. We advise to buy from current price and hold position until 112.8 or 113.7.

Analysis is provided by Real Trade Group.