empty
 
 
05.10.2017 08:12 AM
Fractal analysis of major currency pairs on October 5

Dear colleagues.

For the EUR / USD pair, the continuation of the downward movement is expected after the breakdown of 1.1700. For the GBP / USD pair, continuation of the downward movement is possible after the breakdown of 1.3244. The upward movement is still considered as a correction. For the USD / CHF pair, the price is close to the key support for the top at 0.9702. For the of USD / JPY pair, the continuation of the upward movement on the scale of H1 is expected after the breakdown of 113.25. For the EUR / JPY pair, the price has entered the equilibrium state. For the subsequent development of the movement, we expect a local structure. For the GBP / JPY pair, the price is close to the key support for the top at 149.53 - 148.52. The continuation of the upward movement is possible after the breakdown of 151.44.

The forecast for October 5:

Analytical review of currency pairs in the scale of H1:

This image is no longer relevant

For the EUR / USD pair, the key levels on the scale of H1 are: 1.1866, 1.1829, 1.1801, 1.1742, 1.1700, 1.1642, 1.1607 and 1.1536. Here, we continue to follow the local downward structure of September 29. Short-term downward movement, as well as consolidation, is expected in the area of 1.1742 - 1.1700. The breakdown of the last value should be accompanied by a pronounced downward movement. Here, the target is 1.1642. In the area of 1.1642 - 1.1607 is the consolidation of the price. The potential value for the bottom is the level of 1.1536, upon reaching which we expect a rollback upward.

Short-term upward movement is possible in the area of 1.1801 - 1.1829. The breakdown of the last value will lead to in-depth movement. Here, the target is 1.1866. Up until this level, we expect the initial conditions for the upward cycle to be formed.

The main trend is the local structure for the bottom of September 29.

Trading recommendations:

Buy: 1.1801 Take profit: 1.1827

Buy: 1.1832 Take profit: 1.1864

Sell: 1.1700 Take profit: 1.1644

Sell: 1.1640 Take profit: 1.1610

This image is no longer relevant

For the GBP / USD pair, the key levels on the scale of H1 are: 1.3380, 1.3331, 1.3298, 1.3246, 1.3173, 1.3133 and 1.3045. Here, we continue to follow the downward structure of September 20. Continued downward movement is expected after the breakdown of 1.3244. In this case, the target is 1.3173. In the area of 1.3173 - 1.3135 is the consolidation of the price. We consider the level of 1.3045 to be a potential value for the downward trend, from which we expect a pullback to the top.

Short-term upward movement is possible in the area of 1.3298 - 1.3330. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.3380. This level is the key support for the downward structure.

The main trend is the downward cycle from September 20.

Trading recommendations:

Buy: 1.3298 Take profit: 1.3330

Buy: 1.3333 Take profit: 1.3380

Sell: 1.3244 Take profit: 1.3175

Sell: 1.3130 Take profit: 1.3047

This image is no longer relevant

For the USD / CHF pair, the key levels on the scale of H1 are: 0.9872, 0.9842, 0.9819, 0.9786, 0.9752, 0.9733, 0.9702 and 0.9670. Here, we follow the upward structure of September 29. Continued upward movement is expected after the breakdown of 0.9786. In this case, the target is 0.9819. In the area of 0.9819 - 0.9842 is the consolidation of the price. The potential value for the top is the level of 0.9872, from which we expect a pullback downwards.

Consolidated downward movement is possible in the range of 0.9733 - 0.9702. The breakdown of the latter value will lead to the formation of a downward structure. Here, the target is 0.9670.

The main trend is a local upward structure from September 29.

Trading recommendations:

Buy: 0.9786 Take profit: 0.9819

Buy: 0.9822 Take profit: 0.9840

Sell: Take profit:

Sell: 0.9700 Take profit: 0.9675

This image is no longer relevant

For the USD / JPY pair, the key levels on the scale are: 115.15, 114.26, 113.25, 112.79, 112.31, 111.95 and 111.32. Here, we continue to follow the main upward trend of September 8. Continued development of the upward trend is expected after passing the price of the noise range of 112.79 - 113.25. In this case, the target is 114.26. Near this level is the consolidation of the price. The potential value for the top is the level of 115.15, from which we expect a pullback downwards.

Short-term downward movement is possible in the area of 112.31 - 111.95. The breakdown of the last value will lead to in-depth correction. Here, the target is 111.32. This level is the key support for the top.

The main trend is the upward structure of September 8.

Trading recommendations:

Buy: 113.27 Take profit: 114.24

Buy: 114.28 Take profit: 115.12

Sell: 111.30 Take profit: 111.96

Sell: 111.93 Take profit: 111.34

This image is no longer relevant

For the CAD / USD pair, the key levels on the H1 scale are: 1.2770, 1.2663, 1.2607, 1.2551, 1.2504, 1.2442, 1.2381, 1.2312 and 1.2222. Here, we follow the upward structure of September 8. Short-term upward movement is expected in the area of 1.2504 - 1.2551. The breakdown of the last value will lead to a movement towards the level of 1.2607. In the area of 1.2607 - 1.2663 is the consolidation of the price. The potential value for the upward trend is the level of 1.2770, from which we expect a pullback downwards.

Short-term downward movement is possible in the area of 1.2442 - 1.2381. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.2312. This level is the key support for the top. Passing the price will lead to the development a downward structure. In this case, the target is 1.2222.

The main trend is the upward structure of September 8.

Trading recommendations:

Buy: 1.2551 Take profit: 1.2605

Buy: 1.2665 Take profit: 1.2770

Sell: 1.2440 Take profit: 1.2384

Sell: 1.2379 Take profit: 1.2314

This image is no longer relevant

For the AUD / USD pair, the key levels on the scale of H1 are: 0.7951, 0.7923, 0.7889, 0.7864, 0.7795, 0.7770 and 0.7720. Here, we continue to follow the downward structure from September 20. At the moment, the price is in correction. Short-term downward movement is expected in the area of 0.7795 - 0.7770. The potential value for the bottom is the level of 0.7720, from which we expect the correction to begin.

Short-term upward movement is possible in the area of 0.7864 - 0.7889. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.7923. Up until the level of 0.7951, we expect the formation of initial conditions for the upward cycle.

The main trend is the downward structure of September 20.

Trading recommendations:

Buy: 0.7864 Take profit: 0.7886

Buy: 0.7892 Take profit: 0.7920

Sell: 0.7795 Take profit: 0.7772

Sell: 0.7768 Take profit: 0.7725

This image is no longer relevant

For the EUR / JPY pair, the key levels on the scale of H1 are: 133.83, 133.25, 132.79, 131.85, 131.32, 130.34, 129.99 and 129.32. Here, we continue to monitor the formation of a downward structure from September 22. Continued downward movement is expected after the breakdown of 131.85. Here, the target is 131.32. Near this level is the consolidation of the price. The breakdown at 131.30 should be accompanied by a pronounced downward movement towards 130.34. In the area of 130.34 - 129.99 is the consolidation of the price. We consider the potential value for the downward movement to be at 129.32, from which we expect a pullback upward.

Short-term upward movement is possible in the area of 132.79 - 133.25. The breakdown of the last value will lead to in-depth correction. Here, the target is 133.83. This level is the key support for the downward structure from September 22.

The main trend is the formation of a downward structure from September 22.

Trading recommendations:

Buy: 132.80 Take profit: 133.20

Buy: 133.27 Take profit: 133.80

Sell: 131.85 Take profit: 131.35

Sell: 131.28 Take profit: 130.40

This image is no longer relevant

For the GBP / JPY pair, the key levels on the H1 scale are: 156.45, 155.47, 153.96, 152.84, 151.44, 149.53, 148.52 and 146.86. Here, we continue to follow the upward structure of September 14. At the moment, the price is in correction. Continued upward movement is expected after the breakdown at 151.44. In this case, the first target is 152.84. In the area of 152.84 - 153.96 is the consolidation of the price. The breakdown of the level of 153.96 will allow us to count on the movement towards the potential target of 155.47. In the area of 155.47 - 156.45 is consolidation and a pullback downwards.

The range of 149.53 - 148.52 is the key support for the upward structure. Passing the price will lead to the development the downward movement. Here, the target is 146.86. The potential value for the bottom is still the level of 145.19.

The main trend is the local cycle from September 14, the correction stage.

Trading recommendations:

Buy: 151.44 Take profit: 152.84

Buy: 153.98 Take profit: 155.45

Sell: 148.50 Take profit: 146.90

Sell: 146.84 Take profit: 145.25

Daichi Takahashi,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $8000 mais!
    Em Março nós sorteamos $8000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback