Technical Analysis from www.Instaforex.com

[BudakFx]

USD/CHF:




In the face of ongoing strength in the greenback, the USD/CHF pair would continue its upwards journey this week. It could reach the resistance levels of 1.0100 and 1.0150. Therefore, the current shallow pullback should be viewed as an opportunity to go long.

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[BudakFx]

GBP/USD:





In the context of a downtrend, the GBP/USD pair bounced upwards on Monday moving above the accumulation territory at 1.5100. This is seen as a faint bullish attempt and unless the price goes above the distribution territories at 1.5300 and 1.5350, the bullish attempt might be taken as a short-selling opportunity.

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[BudakFx]

USD/JPY:




After topping 123.50, this currency trading instrument got corrected lower though the outlook for the market is bright. In the face of an anticipated bullish movements in most JPY pairs this month (coupled with the strength in the USD), it is logical to conclude that this currency trading instrument would continue its upward journey, going above the supply level of 123.50 again.

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[BudakFx]

EUR/JPY:





The EUR/JPY pair remains moving in a bearish mode, though the journey southward is not significant. As long as the euro is strong, the EUR/JPY pair would continue trending downwards. The only occurrence that can reverse this expectation is the occurrence that enables the yen to be suddenly weaker than the euro

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[Jeb]

GBP/USD:





In the context of a downtrend, the GBP/USD pair bounced upwards on Monday moving above the accumulation territory at 1.5100. This is seen as a faint bullish attempt and unless the price goes above the distribution territories at 1.5300 and 1.5350, the bullish attempt might be taken as a short-selling opportunity.

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aik takkan nak naik pulak. adoi

 

[Jeb]

analisis gj ada tak masta. tgh hold sell nih

 

[Jeb]

EUR/JPY:





The EUR/JPY pair remains moving in a bearish mode, though the journey southward is not significant. As long as the euro is strong, the EUR/JPY pair would continue trending downwards. The only occurrence that can reverse this expectation is the occurrence that enables the yen to be suddenly weaker than the euro

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ada news ke jpy arini

 

[BudakFx]

EUR/USD:





Based on what this pair is doing, it is not yet rational to seek long trades in the market. Although we observe sideways movement this week has, momentum is expected to return to the market and the bearish journey could be resumed in earnest.

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[BudakFx]

USD/CHF:





In the face of mounting strength in the greenback, the USD/CHF would continue its upwards journey this week. It is likely to reach the resistance levels at 1.0100 and 1.0150. Therefore, any shallow pullbacks should be viewed as opportunities to go long.

​

 

[BudakFx]

GBP/USD:





In the context of a downtrend, the GBP/USD pair simply moved sideways on Tuesday, moving above the accumulation territory at 1.5100. This is seen as consolidation in the context of a downtrend, and unless the price goes above the distribution territories at 1.5300 and 1.5350, the bullish attempt might be taken as short-selling opportunities.

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