empty
 
 
01.10.2015 07:22 AM
Daily analysis of major pairs for October 1, 2015

EUR/USD: This pair performed some bearish attempts, which resulted in a Bearish Confirmation Pattern in the chart. The EMA 11 has crossed the EMA 56 to the downside, while the Williams' % Range period 20 is now entering the oversold territory. This means there is a rising momentum in the market, which could favor bears.

This image is no longer relevant

USD/CHF: There is a "buy" signal, which would become even stronger when the resistance level at 0.9800 gets broken to the upside. The new "buy" signal cannot be rendered invalid as long as the price stays above the support level at 0.9700. Normally, the movement in the EUR/USD pair would determine the fate of the USD/CHF pair.

This image is no longer relevant

GBP/USD: This pair has been consolidating to the downside since Monday - though the bearish bias is clearly visible. The price is below the distribution territory of 1.5150; and it could test the accumulation territory at 1.5100. It could even breach it to the downside, for the outlook on GBP is generally weak. So, any meaningful rallies would be difficult to perform.

This image is no longer relevant

USD/JPY: This is a strong equilibrium market in which there is no clear uptrend or downtrend. A breakout would happen any time this week or next week. When it does happen it would be a significant one. Some fundamental figures are expected today and they can have impact on the market.

This image is no longer relevant

EUR/JPY: After a few days of consolidation in the context of a downtrend, the EUR/JPY pair broke out towards the south. This price action has confirmed the bearish outlook. The demand zones at 133.50 and 133.00 could be tested. There are supply zones around 135.50 and 136.00, which would pose as hindrances to bullish attempts.

This image is no longer relevant

InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback