Instant account opening

Forex Analysis

Forex forecast from Chief Strategist

Technical analysis

AUD/JPY Approaching Resistance, Prepare For A Reversal

AUD/JPY is approaching its resistance at 82.23 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 82.23 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its.

Read full article

Technical analysis

GBP/USD Bounced Off Support, Prepare For A Further Rise

GBP/USD bounced nicely off its support at 1.2705 (100% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 1.2839 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is bounced off its support at 2.7% where a.

Read full article

Technical analysis

NZD/USD Approaching Resistance, Prepare For A Reversal

NZD/USD is approaching its resistance at 0.6824 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.6769 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its.

Read full article

Popular Analytics

EUR/USD: plan for the European session on November 16. The euro's growth potential is limited

Ruben Watson - 06:32 2018-11-16 UTC+00

Buyers of the European currency need a breakthrough of a major resistance of 1.1352, and it was not possible to get out of it within a few days

Technical analysis: Intraday levels for EUR/USD, Nov 16, 2018

Arief Makmur - 05:03 2018-11-16 UTC+00

When the European market opens, some economic data will be released such as Italian Trade Balance, Final Core CPI y/y, Final CPI y/y, and German WPI m/m

GBP/USD: plan for the European session on November 16. The question of Brexit remains open

Ruben Watson - 06:40 2018-11-16 UTC+00

The growth potential of the pound will be limited by the resistance of 1.2831, so it is best to open long positions today during the first half of the day

EUR/USD. 15th of November. Results of the day. New political turmoil in the UK

Paolo Greco - 22:58 2018-11-15 UTC+00

The European currency with grief in half, but still continues to adjust against the US dollar

GBP/USD. 15th of November. Results of the day. The fourth resignation of a minister. Who is next?

Paolo Greco - 22:59 2018-11-15 UTC+00

The British pound collapsed during November 15 due to a new resignation in the British Parliament

Technical analysis for Gold for November 16, 2018

Alexandros Yfantis - 07:03 2018-11-16 UTC+00

Gold price is bouncing as expected. Price remains below the major resistance at $1,243.50 and is challenging important Fibonacci resistance levels. Gold price will need to break above $1,243.50 for

Alexey Almazov

Maxim Magdalinin

Nadezhda Zhizhko

Alexander Dneprovskiy

View full-scale analytics on MT5 portal

Bitcoin quotes

Open chart

Bitcoin forecast

BITCOIN Analysis for November 16, 2018

Rocky Yaman

15:36 2018-11-16 UTC+00

Amid impulsive bearish pressure Bitcoin broke below $6,000 area with strong momentum. Now Bitcoin is trying to retrace towards $6,000 for a retest before the price resumes the downward bias. As the price remains below $6,000 area, the bearish bias is expected to continue.

View full version

Bitcoin analysis for November 16, 2018

Petar Jacimovic

11:43 2018-11-16 UTC+00

Watch for selling opportunities. The downward target is set at the price of $5.161.

View full version

Bitcoin analysis for 16/11/2018

Sebastian Seliga

06:37 2018-11-16 UTC+00

Long-term indicators are not favorable for Bitcoin

View full version

Go to analytics page

InstaForex TV

Forex TV News

Calendar and Reviews

Pattern Graphix

Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.

2018-11-16 Double Top EURUSD M5

The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1406 is broken, the downward movement will continue.

2018-11-16 Bearish Rectangle #KO M5

According to the chart of M5, #KO formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 49.81 – 49.81 and upper border 49.99 – 49.99. In case the upper border is broken, the instrument is likely to follow the upward trend.

2018-11-16 Double Top #KO M5

The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 49.81 is broken, the downward movement will continue.

2018-11-16 Bullish Rectangle GBPAUD M5

According to the chart of M5, GBPAUD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.7535 – 1.7535 and upper border 1.7557 – 1.7557. In case the lower border is broken, the instrument is likely to follow the downward trend.

Economic Calendar

Friday, 16 November 2018

Time	Macroeconomic Indices	Period	Previous Reading	Forecast	Actual Reading	Importance
10:30	ECB President Mario Draghi Speaks					High
12:00	Consumer Price Index	Oct	2.2%	2.2%	2.2%	Medium
15:30	Manufacturing Shipments	Sep	-0.5%	0.1%	0.2%	Medium
16:15	Capacity Utilization	Oct	78.5%	78.3%	78.4%	Medium
16:15	Industrial Production	Oct	0.2%	0.2%	0.1%	Medium