| Author's today's articles: Alexandros Yfantis - Official analyst of InstaForex Group  Alexandros was born on September 14, 1978. He graduated from the ICMA Centre, University of Reading with the MSc in International Securities, investment and Banking in 2001. In 2000, Alexandros got the BSc in Economics and Business Finance from Brunel University, UK. In 2004, he began trading on the Greek stock market, where Alexandros got a specialization in international derivatives. Alexandros Yfantis has worked in a top financial company in Greece, responsible for the day-to-day running of the International markets department. He is a certified Portfolio Manager and a certified Derivatives Trader. Alexandros is also a contributor and analyst using Elliott wave and technical analysis of global financial markets. In 2007, he started Forex trading. He loves his profession and believes that entering a trade should always be accompanied by money management rules. His goal is to find profitable opportunities across the markets while minimizing risk and maximizing potential profit. �I�m still learning� Michelangelo Viktor Bajer - Official analyst of InstaForex Group  Since 2001 Viktor�s primary dedication became studying, analyzing and understanding the processes behind the money markets in general and Fibonacci studies in particular. Author's main areas of expertise include currency trading, money management, market analysis and trading systems engineering where he conducted a number of educational webinars on related topics. Mourad El Keddani - Official analyst of InstaForex Group  Was born in Oujda, Morocco. Currently lives in Belgium. In 2003 obtained B.S. in Experimental Sciences. In 2007 obtained a graduate diploma at Institut Marocain Specialise en Informatique Applique (IMSIA), specialty � Software Engineering Analyst. In 2007�2009 worked as teacher of computer services and trainer in a professional school specializing in computer technologies and accounting. In 2005 started Forex trading. Authored articles and analytical reviews on Forex market on Forex websites and forums. Since 2008 performs Forex market research, and develops and implements his own trading strategies of Forex analysis (especially in Forex Research & Analysis, Currency Forecast, and Recommendations and Analysis) that lies in: Numerical analysis: Probabilities, equations and techniques of applying Fibonacci levels. Classical analysis: Breakout strategy and trend indicators. Uses obtained skills to manage traders� accounts since 2009. In April 2009 was certified Financial Technician by the International Federation of Technical Analysts. Winner of several social work awards: Education Literacy and Non-Formal Education (in Literacy and Adult Education in The National Initiative for Human Development).
Languages: Arabic, English, French and Dutch.
Interests: Algorithm, Graphics, Social work, Psychology and Philosophy. Gold technical analysis for July 30, 2015 2015-07-30 The gold price got rejected yesterday at the Inverted Head and Shoulders neckline. The price remains in a bearish trend and once we break support at $1,077, we should move lower towards $1,040. Important resistance remains at the level of $1,105 that bulls need to break for the gold price to move higher towards $1,130. 
Green line - neckline resistance Blue line - trendline resistance The gold price remains below the cloud resistance and below the blue trendline resistance. The price got rejected on the 4-hour chart at the Ichimoku cloud and at the neckline. The Inverted Head and Shoulders scenario is not playing out as expected and it was never triggered. The trend remains bearish. I expect more selling pressures to arise. 
Red lines - price projection after break down Blue line - long-term support broken The weekly chart remains bearish. The price has not managed to stage any considerable bounce towards $1,130. Target remains near $1,040 and even towards $980. The long-term trend remains bearish. I remain bearish. USDX technical analysis for July 30, 2015 2015-07-30 The US dollar index held support yesterday and started a strong upward move favoring our bullish scenario as the price held important support levels and the bullish channel. The trend is bullish and as long as the price is above 96.20, I will favor bullish positions targeting new highs. 
Black lines - bullish channel The US dollar index held above the lower channel boundary and reversed higher from the 38% retracement. This bounce is an important bullish signal. The index has broken above the Kijun-sen (yellow indicator) and is trying to break above the Ichimoku cloud. Breaking above the cloud will confirm bullish trend. 
Blue line - trendline resistance The weekly chart remains bullish as the weekly candle has moved back above the Kijun-sen indicator. Important support is at this week's lows and resistance is at 97.80. As long as the price is above 96.20, I favor the bullish scenario. Breaking above resistance will confirm this scenario and is a sign to add to longs. Technical analysis of CHF/JPTY for July 30, 2015 2015-07-30 Following our previous analysis, CHF/JPY continued to move lower after rejecting R4 (131.30) and R2 (129.32). No signals of reversal to the upside of any kind should result in acceleration of the trend and a fast decline towards S1 (126.10) support area. If you hold any short positions, consider holding them and potentially scaling up while rate is near R1 (128.09). A target is S1 support that is 0% Fibonacci applied to a breakout of the ascending channel. Hard stop loss should be placed just above yesterday's high of 128.62. 
Technical analysis of USD/CHF for July 30, 2015 2015-07-30 Following our previous forecast, USD/CHF brokeout above the 38.2% Fibonacci level and at the same time rejected the uptrend trendline, support areas around S2 (0.9542) and S1 (0.9608). The trend is strongly bullish and bulls should continue dominating until R2 resistance area (0.9888) is reached. Consider buying USD/CHF on a minor pullback, preferably near S1 (0.9673) targeting R2 (0.9888). The stop loss can be placed just below yesterday's low of 0.9594. Support: 0.9542, 0.9608, 0.9673 Resistance: 0.9755, 0.9888 .png) Technical analysis of EUR/USD for July 30, 2015 2015-07-30 The EUR/USD is moving clearly downwards towards lower lows and lower highs. A weekly high of 1.1127 was rejected. At the same time, 50% Fibonacci was applied to a high hit on June 18 and a low hit on July 21. The uptrend trendline has been broken. Currently, the pair is trading in the supply area again where bears could start moving to order add to their short positions. This could be a medium to long-term trend down and therefore it could be reasonable to fix down the sort trade as EUR/USD moves lower. Consider selling EUR/USD on the breakout at today's low of 1.0939, targeting S2 (1.0807), S3 (1.0610), or S4 (1.0290). The stop loss should be placed just above R2 (1.1120) Support: 1.9556, 1.0807, 1.0610, 1.0289 Resistance: 1.1047, 1.1121 
Technical analysis of EUR/USD for July 30, 2015 2015-07-30  Trading recommendations: On 30 July 2015: - Amid the previous events, the pEUR/USD pair is still trapped between the levels of 1.1000 and 1.0890. Today, the strong resistance is seen at the key level of 1.1000 in the H1 chart. Moreover, the price is below the moving average (100) since yesterday in the same time frame. Therefore, sell below the level of 1.1000 (the key resistance) with the first target at 1.0930, then it will be continued towards 1.0884 (23.6% Fibonacci retracement levels) to test the weekly pivot point.
It should notice the following important observations: - The double top will set at the level of 1.1006 (around the golden ratio).
- The major support is seen at 1.0884. This level will represent the weekly support one.
- The minor support has already set at the level of 1.0930. But the double bottom is not coinciding with the major support at the level of 1.0884.
- We expect a range about 110 pips(1.1000 - 1.0890) in coming hours.
- Please check out the market volatility before investing because the current scenarios could be invalidated.
Technical analysis of NZD/USD for July 30, 2015 2015-07-30  Overview: - The The NZD/USD pair has rebounded from the minor resistance at the level of 0.6685, and now it is approaching the first support around the area of 0.6590 in order to test it. Moreover, it should be noted that the level of 0.6590 represents the weekly support. Equally important, the weekly pivot point is coinciding with the ratio of 38.2% Fibonacci retracement levels. Consequently, it will probably start downside movement in this area and recover again. Therefore, it will be a good sign to sell at this spot with the first target at 0.6555 (it should be noted that this level will form the weekly support 2) and continue towards 0.6500 to form the double bottom. On the other hand, in case of a break at 0.6690, a good place for stop loss will be above 0.6705. On the contrary, the resistance will be formed at the level of 0.6690. Furthermore, it will be very profitable to buy above this level for retesting this level in the short period. Therefore, buy deals are recommended below 0.6705 with a target at 0.6740.
Subscription's options management Theme's:
Fundamental analysis, Fractal analysis, Wave analysis, Technical analysis, Stock Markets
Author's :
Alexander Dneprovskiy, Aleksey Goncharov, Maxim Magdalinin, Stanislav Polyanskiy, Aleksey Almazov, Arief Makmur, Mohamed Samy, Oleg Khmelevskiy, Mourad El Keddani, Sergey Litvinenko, Mohamed Nour Elden Beshir, Nicola Delic, Yuriy Zaycev, Harsh Japee, Hossam Soliman Ali, Sergey Belyaev, Zhizhko Nadezhda, Torben Melsted, Azeez Mustapha, Nikita Kabanovs, Ahsan Aslam, Sergey Mityukov, Vyacheslav Ognev, Michael Becker, Felipe Erazo, Petar Jacimovi�, Alexandros Yfantis, Sebastian Seliga, Yuriy Vishnevetskiy, Joseph Wind, Vladislav Tukhmenev, Alexandr Davidov, Pavel Vlasov, Viktor Bajer
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