empty
 
 
29.06.2017 02:33 PM
Daily analysis of major pairs for June 29, 2017

EUR/USD: The EUR is the real market leader at present, and the strength in it has influenced most EUR pairs positively. The EUR/USD has skyrocketed and this seems to be the beginning. There is a possibility that price may gain additional 200 pips before the end of this week, as it is going further northwards.

This image is no longer relevant

USD/CHF: As it is often mentioned, whatever happens to EUR/USD will have an opposite effect on USD/CHF. The market has dropped precipitously as a result of the rise of EUR/USD. Further southwards movement is anticipated today and tomorrow. Some fundamental figures are expected today and they could have impact on the market.

This image is no longer relevant

GBP/USD: Just as it was anticipated, the Cable has gone vividly upwards, gaining about 250 pips this week, and forming a Bullish Confirmation Pattern in the market. Price is currently above the accumulation territory at 1.2950, going towards the distribution territory at 1.3000, which is the ultimate target for this week.

This image is no longer relevant

USD/JPY: Unlike certain JPY pairs which have gone significantly upwards, this pair is simply in a bullish bias, but there is nothing significant about it. The EMA 11 is above the EMA 56, and the RSI period 14 is above the level 50. As other JPY pairs (like the GBP/JPY, the CHF/JPY, etc.) remain significantly bullish, USD/JPY also may be forced to rally conspicuously.

This image is no longer relevant

EUR/JPY: As it was forecast, the EUR/JPY pair has gone seriously northwards, gaining about 350 pips this week, and forming a Bullish Confirmation Pattern in the market. The market is currently testing the supply zone at 128.00, and it is almost breaching it to the upside, after which the supply zone at 128.50 would be targeted.

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback