Forex

Forex

EUR/USD: The EUR/USD did not
trend yesterday, though the outlook on the market is bearish. It is expected
that price would continue going south this week, reaching the support lines at
1.0550, 1.0500 and 1.0450. The outlook on other EUR pairs is also bearish and
they can trend seriously downwards this week or next.

1.png

USD/CHF: The USD/CHF is
currently trading above the support level at 1.0050, now close to the
resistance level at 1.0100. The outlook on the market is bullish and price
could test additional resistance levels at 1.0150 and 1.0200 this week.

2.png

GBP/USD: The bias on the Cable
is essentially flat. The market has consolidated for about three week,
oscillating between the accumulation territory at 1.2300 and the distribution
territory at 1.2600. Price must go above that distribution territory or below
the accumulation territory before the current neutral bias can be considered as
over. There is going to be an end to the neutrality before the end of March.

3.png

USD/JPY: There was a slight
rally on this currency trading instrument on Monday – which happened in the
context of a downtrend. A movement below the demand level at 112.00 would
reinforce the existing bearish bias. A movement above the supply level at
114.00 would render the bearish bias invalid.

4.png

EUR/JPY: On February 27, the
EUR/JPY also attempted to rally, and that can turn out to be a good opportunity
to sell short again. There is a clean Bearish Confirmation Pattern in the
4-hour chart, and further dive is possible this week, which may take price
toward the demand zones at 118.00, 117.50 and 116.50.

5.png

The material has been provided by InstaForex Company – www.instaforex.com

The post Daily analysis of major pairs for February 28, 2017 appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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MOFJ – JAPAN 2-YEAR JGB AUCTION LOWEST PRICE 100.6850, AVERAGE PRICE 100.7080, BIDS ACCEPTED AT LOWEST PRICE 39.8913 PCTThe material has been provided by InstaForex Company – www.instaforex.com

The post Mofj – Japan 2-Year Jgb Auction Lowest Price 100.6850, Average Price 100.7080, Bids accepted at Lowest Price 39.8913 Pct appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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BOJ offers to lend Y 8.2835 trln of JGBs on spot basis through 3/1 as a secondary source of JGBs (Offer in the morning)The material has been provided by InstaForex Company – www.instaforex.com

The post Boj Offers to Lend Y 8.2835 Trln of Jgbs on Spot Basis Through 3/1 As a Secondary Source of Jgbs (offer in the Morning) appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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