GAINSY Hottest Forecasts

Forex Signal Update: USD/CHF – Hold long entered at 0.9125

USD/CHF - 0.9125

Original strategy :
Bought on fracture of 0.9125, Target: 0.9225, Stop: 35 points

Long at 0.9125
Target: - 0.9225
0.9090

New strategy : ... Are you interested? READ MORE

Abe The Bear

The big news came from Japan yesterday, as BoJ's Governor Shirakawa decided to jump ship earlier than scheduled. The decision offset the concerns on the European debt crisis and shifted all attention to Japan. On the back of Shirakawa's decision, the Japanese stocks saw massive rally and the rotation out...

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Intraday Statement: Euro Consolidation Continues ahead of Tomorrow's ECB Meeting

Euro continues to consolidate in range against other major currencies except yen, ahead of tomorrow's ECB meeting. There were some volatility in the common currency this bank week on political news and the situation remains the same. Euro is a touch lower as a poll showed former prime minister Berlusconi narrowed...

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Forex Signal Wrap-up: USD/JPY – Sell at 94.50

USD/JPY – 93.63

Most recent candlesticks pattern : N/A

Trend : Up

Tenkan-Sen level : 93.61
Kijun-Sen level : 93.57
Ichimoku cloud top : 92.79
Ichimoku cloud bottom : 92.66

Original strategy :
Sell at 94.50, Target: 93.50, Stop: 94.85

Target: -
New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: GBP/USD – Sell at 1.5740

GBP/USD - 1.5652

Most recent candlesticks pattern : N/A

Trend : Near term down

Tenkan-Sen level : 1.5655
Kijun-Sen level :1.5674
Ichimoku cloud top :1.5764
Ichimoku cloud bottom :1.5757

Original strategy :
Sell at 1.5740, Target: 1.5640, Stop: 1.5775

Target: -
New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: USD/CHF – Hold long entered at 0.9125

USD/CHF - 0.9106

Most recent candlesticks pattern : N/A

Trend : Near term down

Tenkan-Sen level :0.9118
Kijun-Sen level :0.9104
Ichimoku cloud top :0.9095
Ichimoku cloud bottom :0.9070

Original strategy :
Bought on fracture of 0.9125, Target: 0.9225, Stop: 0.9090

Long at 0.9125
Target: - 0.9225
0.9090

New strategy : ... Are you interested? READ MORE

Elliott Wave Forecast: USD/CAD – Hold long entered at 0.9960

USD/CAD – 0.9975

Recent wave: Only wave v of c has ended at 0.9407 and A-B-C correction has possibly ended at 1.0658

Trend: Near term up

Original strategy :
Bought at 0.9960, Target: 1.0100, Stop: 0.9900

Long at 0.9960
Target: - 1.0100
0.9900

New strategy : ... Are you interested? READ MORE

Elliott Wave Forecast: EUR/GBP – Hold short entered at 0.8675

EUR/GBP – 0.8640

Recent wave: v of wave 3 has possibly ended at 0.8067 but wave 4 should hold below 0.9050

Trend: Up

Original strategy :
Sold at 0.8675, Target: 0.8565, Stop: 0.8720

Short at 0.8675
Target: - 0.8565
0.8720

New strategy : ... Are you interested? READ MORE

Bank of England Preview: Waiting for Carney

The MPC minutes from the January meeting were largely as expected, with David Miles continuing to vote for an immediate expansion of gilts purchases (he has done it for three meetings now). The minutes indicated some concerns about the potential for inflation persistence and uncertainty of the effectiveness of additional...

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London Session: Merkel vs. Hollande

It's been a quiet session as the markets lead up to ECB meeting. Major markets are stuck in ranges and stocks are lower. This has allowed the markets to focus on news events. Firstly, the tittle tattle between currency bloc members about whether the euro is overvalued or undervalued has...

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ECB Preview: Draghi Likely to Stick to Verbal Intervention

A Reuters poll showed that analysts on average see a 12% chance of a rate cut this month. We put it at about 2%. At the press conference after the last ECB Governing Council meeting, Mario Draghi pretty much took rate cuts off the table. Since then, market sentiment has...

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Why Mark Carney Should Play His Cards Close to His Chest

On Thursday 7th February at 0945GMT/ 0445 ET the governor-elect of the Bank of England, current Bank of Canada Governor Mark Carney, will take questions from the UK's Treasury Select Committee. The Committee has already said that it will ask Carney about monetary policy tools and if the existing framework...

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Daily Statement: Euro Range Bound, ECB, BoE and Carney Watched

Euro continues to stay in established range ahead of ECB rate decision and press conference today. ECB is expected to leave the main refi rate unchanged while no further no standard programs would be announced. A focus is whether ECB president Draghi would tone down his rhetoric and indicates that...

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Forex Signal: GBP/USD – Sell at 1.5740

GBP/USD - 1.5670

Most recent candlesticks pattern : N/A

Trend : Near term down

Tenkan-Sen level : 1.5660
Kijun-Sen level :1.5655
Ichimoku cloud top :1.5718
Ichimoku cloud bottom :1.5688

Original strategy :
Sell at 1.5740, Target: 1.5640, Stop: 1.5775

Target: -
New strategy : ... Are you interested? READ MORE

Elliott Wave Forecast: AUD/USD – Sell at 1.0400

AUD/USD – 1.0326

Recent wave: Wave 4 ended at 0.8066 and wave 5 has possibly ended at 1.1081

Trend: Up

New strategy : ... Are you interested? READ MORE

USD/CHF: Swiss Franc Trading Higher In The Asian Session

The pair is expected to find support at 0.9066, and a fall through could take it to the next support level of 0.9030. The pair is expected to find its first resistance at 0.9144, and a rise through could take it to the next resistance level of 0.9186....

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USD/CAD: Loonie Trading Lower As Investors Trade Cautiously Ahead Of The ECB Meeting

The pair is expected to find support at 0.9945, and a fall through could take it to the next support level of 0.9928. The pair is expected to find its first resistance at 0.9985, and a rise through could take it to the next resistance level of 1.0008....

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AUD/USD: Aussie Trading Flat This Morning

The pair is expected to find support at 1.0289, and a fall through could take it to the next support level of 1.0260. The pair is expected to find its first resistance at 1.0353, and a rise through could take it to the next resistance level of 1.0388....

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GBP/USD: Mark Carney's Speech, BoE Policy Meeting Takes Center Stage

The pair is expected to find support at 1.5635, and a fall through could take it to the next support level of 1.5609. The pair is expected to find its first resistance at 1.5684, and a rise through could take it to the next resistance level of 1.5707....

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EUR/USD: Euro Continues To Be Pressured Ahead Of The ECB Meeting

The pair is expected to find support at 1.3474, and a fall through could take it to the next support level of 1.3437. The pair is expected to find its first resistance at 1.3566, and a rise through could take it to the next resistance level of 1.3621....

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