rfxsignals January 28, 2021 No Comments

Daily Free Forex Signals For 28/01/2021 to free forex signal

Here your going to see Daily Free Forex Signals For 28/01/2021 to free forex signal alert from our kitkat trading system and other trading logic’s .we provide like this free forex signals from 2012 on wards with more than 50,000 traders around the world .The free forex signals have 70 to 85% quality always .we give for you a note as maximum focus take profit 1 as your target and must use stop loss values .if you have any other query’s please visit our live chat or email option

GBPJPY BUY-142.657486
SL-142.214057
TP1-142.812686
TP2-142.967886

AUDNZD SELL-1.068571
SL-1.072629
TP1-1.067057
TP2-1.0654

EURCHF SELL-1.075102
SL-1.079691
TP1-1.073517
TP2-1.071765

CADJPY SELL-81.318286
SL-81.817448
TP1-81.1568
TP2-80.985943

GBPCHF SELL-1.216218
SL-1.220333
TP1-1.214577
TP2-1.212797

EURJPY BUY-126.252
SL-125.9044
TP1-126.403505
TP2-126.560552

EURCHF BUY-1.076706
SL-1.072974
TP1-1.078218
TP2-1.079804

NZDCAD BUY-0.91556
SL-0.91494
TP-0.91764

NZDCHF SELL-0.64149
SL-0.64419
TP-0.634

 

rfxsignals January 28, 2021 No Comments

Ichimoku Cloud Analysis 28.01.2021 (EURUSD, USDCAD, USDJPY)

Ichimoku Cloud Analysis 28.01.2021 (EURUSD, USDCAD, USDJPY)

28.01.2021

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.2100; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2135 and then resume moving downwards to reach 1.1975. Another signal in favor of a further downtrend will be a rebound from the rising channel’s downside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.2160. In this case, the pair may continue growing towards 1.2255. To confirm further decline, the asset must break the support area and fix below 1.2055. The bulls managed to hold this area twice.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.2824; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2785 and then resume moving upwards to reach 1.2955. Another signal in favor of a further uptrend will be a rebound from the descending channel’s upside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.2635. In this case, the pair may continue falling towards 1.2545.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is trading at 104.22; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 103.95 and then resume moving upwards to reach 105.10. Another signal in favor of a further uptrend will be a rebound from the descending channel’s upside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 103.35. In this case, the pair may continue falling towards 102.45.

USDJPY

rfxsignals January 28, 2021 No Comments

The Pound comes out fighting. Overview for 28.01.2021

The Pound comes out fighting. Overview for 28.01.2021

28.01.2021

GBPUSD dropped yesterday but its plan for Thursday is consolidating at least.

The endurance of the British Pound against the USD continues surprising everyone – it falls, although not too much but still remains interesting for bulls at the same time. the current quote for the instrument is 1.3672.

The United Kingdom is preparing for another set of strict border restrictions intended to slow down the coronavirus pandemic in the country. The lockdown was pretty harsh for all sectors of the British economy, that’s why new measures may become a lifesaver the country needs so badly.

For example, implementation of quarantine hotel for those, who arrive in the United Kingdom from the countries with new coronavirus strains, South America and Africa in the first place. Later in 2020, the UK suffered a quick spread of the virus strain that came from the southeast. As a consequence, the pandemic revived and it became known recently that the number of coronavirus-killed people exceeded 100K. The United Kingdom became the first country in Europe to reach this number.

At the same time, the United Kingdom has the highest death rate per 100K in the world.

All these statistics put the effectiveness of epidemic control measures imposed by the British government in doubt. Under such circumstances, the Pound ought to plunge but market players are clearly hoping for the best.

rfxsignals January 28, 2021 No Comments

Fibonacci Retracements Analysis 28.01.2021 (AUDUSD, USDCAD)

Fibonacci Retracements Analysis 28.01.2021 (AUDUSD, USDCAD)

28.01.2021

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the current correction in the form of a Flag pattern is transforming into a proper bearish wave and has already reached 23.6% fibo. Later, it may continue towards 38.2% and 50.0% fibo at 0.7503 and 0.7405 respectively. The resistance is the high at 0.7820.

AUDUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows that after finishing the ascending wave that failed to reach the high, the pair started a new descending movement, which has updated the low; right now, the asset is still falling. The mid-term targets are inside the post-correctional extension area between 138.2% and 161.8% fibo at 0.7612 and 0.7583 respectively. The local resistance is at 0.7782.

AUDUSD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is starting a new stable correctional uptrend after a convergence on MACD. Earlier, after a thorough test of 76.0% fibo, the asset failed to reach the post-correctional extension area between 138.2% and 161.8% fibo at 1.2585 and 1.2523 respectively. These factors may indicate not just a correction but a trend reversal. This wave may break the fractal at 1.2957 and then continue towards 23.6%, 38.2%, and 50.0% fibo at 1.2985, 1.3228, and 1.3426 respectively.

USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows another rising impulse towards 23.6% fibo at 1.2985. The support is the low at 1.2589.

USDCAD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 28, 2021 No Comments

Japanese Candlesticks Analysis 28.01.2021 (USDCAD, AUDUSD, USDCHF)

Japanese Candlesticks Analysis 28.01.2021 (USDCAD, AUDUSD, USDCHF)

28.01.2021

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the ascending tendency continues. Right now, after forming a Shooting Star reversal pattern not far from the resistance level, USDCAD may reverse in the form of another correctional wave towards the support area at 1.2720. Later, the asset may resume growing. In this case, the upside target will be at 1.2910. However, an alternative scenario implies a further growth towards 1.2910 without reversing and correcting.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is forming a new descending impulse. Right now, after forming several reversal patterns, such as Hammer, not far from the support area, the pair may reverse and resume growing to reach the resistance area at 0.7740. At the same time, an opposite scenario says that the price may fall to return to 0.7595 without testing the resistance area.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, the correction within the downtrend continues. At the moment, after forming several reversal patterns, such as Shooting Star, not far from the resistance area, USDCHF is correcting. Later, the asset may complete the correction and resume the descending tendency. In this case, the downside target may be the next support area at 0.8845. Still, there might be an alternative scenario, according to which the asset may start a new pullback towards 0.8930 before failing to test the support area.

USDCHF

rfxsignals January 28, 2021 No Comments

Murrey Math Lines 28.01.2021 (USDCHF, GOLD)

Murrey Math Lines 28.01.2021 (USDCHF, GOLD)

28.01.2021

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is consolidating between 3/8 and 5/8. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. Still, this scenario may no longer be valid if the price breaks 3/8 to the downside. After that, the instrument may reverse and fall towards the support at 2/8.

USDCHF_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue the ascending tendency.

USDCHF_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

In the H4 chart, XAUUSD is moving below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to break 1/8 and then continue falling to reach the support at 0/8. However, this scenario may no longer be valid if the price breaks the resistance at 2/8 to the upside. After that, the instrument may continue growing towards 3/8.

XAUUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the price has broken the downside line of the VoltyChannel indicator and, as a result, may continue falling.

XAUUSD_M15

rfxsignals January 28, 2021 No Comments

Forex Technical Analysis & Forecast 28.01.2021

Forex Technical Analysis & Forecast 28.01.2021

28.01.2021

EURUSD, “Euro vs US Dollar”

After reaching 1.2055, EURUSD has returned to 1.2111; right now, it is falling towards 1.2040. Earlier, the asset completed the descending wave at 1.2110, formed a narrow consolidation range, and broke it to the downside. Possibly, today the pair may extend the current correction. Later, the market may complete the correction and start a new growth to break 1.2111. After that, the instrument may continue trading upwards with the target at 1.2200.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

After reaching 1.3666, EURUSD has returned to 1.3720; right now, it is falling towards 1.3644. Earlier, the asset completed the correctional wave at 1.3700, formed a consolidation range around this level, and broke it to the downside. Today, the pair may reach 1.3644 and then resume trading within the uptrend with the target at 1.3777.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

After breaking 74.50, USDRUB is still correcting towards 76.04. After that, the instrument may form a new descending structure to return to 74.50 and then resume trading downwards with the target at 73.20.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has finished the ascending wave at 104.35; right now, it is consolidating below this level. Possibly, the pair may expand the range up to 104.44 and then resume trading downwards to break 103.80. Later, the market may continue falling with the target at 103.22.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

After completing the ascending wave at 0.8899, USDCHF is consolidating around this level. Possibly, today the pair may expand the range up to .8921 and then form a new descending structure to break 0.8860. After that, the instrument may continue trading downwards with the target at 0.8832.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

After finishing the descending wave at 0.7628, AUDUSD is growing towards 0.7694. Later, the market may start another decline to reach 0.76611 and then resume trading within the uptrend with the target at 0.7690.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is still consolidating around 55.60; right now, it is trading not far from the downside border at 55.05. Today, the asset may grow to break 55.60 to the upside and then reach 56.25. However, if the price breaks 55.00 to the downside, the market may resume falling and complete the correction at 54.10. After that, the instrument may form one more ascending structure to break 56.25 and then continue trading upwards with the target at 58.60.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold is still falling towards 1827.33. Later, the market may start another growth to break 1850.80 and then continue trading upwards with the target at 1866.66.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

After completing the descending wave at 29100.00, BTCUSD is correcting towards 31800.00. Later, the market may start another decline to reach 27400.00 and then resume trading upwards with the target at 32000.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

After forming a new consolidation range around 3795.0 and breaking it to the downside, the S&P index has reached the target at 3718.6; right now, it is correcting to return to 3795.0. After that, the instrument may start another decline with the target at 3700.0.

S&P 500

rfxsignals January 28, 2021 No Comments

The Euro fell after the Fed meeting. Overview for 28.01.2021

The Euro fell after the Fed meeting. Overview for 28.01.2021

28.01.2021

EURUSD plunged after the January meeting of the US Federal Reserve.

The major currency pair stopped growing and started falling instead influenced by the Fed’s comments after its January meeting. The current quote for the instrument is 1.2090.

So, the Fed’s January meeting was rather neutral and the regulator kept the benchmark rate unchanged at 0-0.25%, and that’s the best variant for the American economy. The stimulus program continues and the Fed buys assets worth $120 billion every month. It’s huge money, which provides great support to the country’s economy.

In the comments that followed the meeting, the regulator said that some of the observations clearly indicated improvements in the economic outlook for the second half of 2021 but inflation was still below the target level of 2%. The country’s economy turned out to be more resistant to both external and internal factors than was expected earlier and that’s good news. According to the Fed’s estimations, the vaccination against the COVID-19 might force the pandemic to retreat, thus making a positive impact on the economy. Yes, the system is still quite far away from the Fed’s targets on inflation, employment, and some other aspects but the regulator continues working on that.

The USD managed to find support in these comments and rose against the Euro. The latter, in its turn, got under significant pressure after the German government deteriorated its GPD outlook for 2021 from 4.4% to 3% due to the lockdown.

The fact that the German economy is not the strongest one in the Euro Area anymore is the thing that one should get used to.

rfxsignals January 27, 2021 No Comments

Forex Technical Analysis & Forecast 27.01.2021

Forex Technical Analysis & Forecast 27.01.2021

27.01.2021

EURUSD, “Euro vs US Dollar”

After finishing the correction at 1.2107, EURUSD is growing towards 1.2188. Later, the market may start a new correction to reach 1.2140 and then form one more ascending structure with the target at 1.2200.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has completed the correction at 1.3610; right now, it is moving upwards to reach 1.3777. After that, the instrument may start another correction towards 1.3700 and then resume trading within the uptrend with the target at 1.3800.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is falling towards 74.80. After that, the instrument may form a new consolidation range. If later the price breaks this range to the upside, the market may form one more ascending structure to reach 75.90; if to the downside – resume trading downwards with the target at 73.30.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has finished the correction at 103.55; right now, it is growing towards 103.75, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may start another growth to reach 103.99; if to the downside – resume trading downwards with the target at 103.22.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

After completing the descending wave at 0.8860, USDCHF is consolidating above this level. If later the price breaks this range to the upside, the market may form one more ascending structure to reach 0.8880; if to the downside – resume trading downwards with the target at 0.8832.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

After finishing the descending wave at 0.7670, AUDUSD is growing towards 0.7773. Later, the market may start another correction to reach 0.7722 and then resume trading within the uptrend with the target at 0.7830.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is still consolidating above 55.35. Today, the asset may break the range to the upside and reach 56.27. After that, the instrument may correct towards 55.50 and then resume trading upwards with the target at 58.60.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

After breaking 1850.50 to the downside, Gold is expected to continue falling towards 1841.55. Later, the market may start another growth to test 1850.50 from below and then form a new descending structure with the target at 1834.00.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 32000.00. If later the price breaks this range to the downside, the market may start another decline to reach 29100.00; if to the upside – resume trading upwards with the target at 36200.00 and then form a new descending structure towards 28200.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

The S&P index is consolidating around 3837.0; it has expanded the range up to 3866.7. Possibly, today the asset may fall to test 3837.0 from above and then start another growth with the target at 3875.0.

S&P 500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 27, 2021 No Comments

Murrey Math Lines 27.01.2021 (USDJPY, USDCAD)

Murrey Math Lines 27.01.2021 (USDJPY, USDCAD)

27.01.2021

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is moving below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price expected to try to break 1/8 and then continue falling towards the support at 0/8. However, this scenario may no longer be valid if the price breaks 2/8 to the upside. After that, the instrument may continue growing to reach the resistance at 3/8.

USDJPY_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.

USDJPY_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is still moving below the 200-day Moving Average, thus indicating a descending tendency. However, the asset is moving very close to the “oversold area”, that’s why as soon as the price falls below 0/8, bulls revive and start pushing it towards the 200-day Moving Average again. And It has been happening for 20 consecutive trading sessions. Today, the pair is expected to break 0/8 again and re-enter the “oversold area” to continue its decline towards the support at -1/8. It remains to be seen whether the instrument recovers or not this time. Still, this scenario may no longer be valid if the price breaks 1/8 to the upside. After that, the instrument may reverse and correct to reach the resistance at 2/8.

USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

USDCAD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future