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EUR/USD Daily Analitycs 06:04 08.11.2017 Technical levels: support – 1.1550, 1.1580; resistance – 1.1620. Trade recommendations: Sell — 1.1620; SL — 1.1640; TP1 — 1.1580; TP2 – 1.1550 Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are formed new local lows, but needs a correction to Tenkan or Kijun. More: https://fbs.com/analytics/articles/eur-usd-euro-reached-new-lows-4941

USD/JPY Daily Analytics 14:05 07.11.2017 There's a bullish "Engulfing", which has been formed on the 34 Moving Average. Considering confirmation of this pattern, the price is likely going to test the closest resistance area once again. We've got a "High Wave" pattern on the local high, so the pair is likely going to test the 89 Moving Average. If a pullback from this line happens little later on, we could have another bullish price movement. More: https://fbs.com/analytics/articles/usd-jpy-high-wave-on-the-local-high-4929

EUR/USD Daily Analytics 14:03 07.11.2017 The last "Shooting Star" led to the current decline. Also, there isn't any reversal pattern so far. If the 21 Moving Average acts as resistance, we're likely going to have just another decline. We don't have any reversal pattern for now. Yesterday, we had a "Tweezers" pattern, so there's a new local low. In this case, the pair is likely going to test the nearest support area during the day. More: https://fbs.com/analytics/articles/eur-usd-shooting-star-led-to-decline-4928

GBP/USD Daily Analytics 08:56 07.11.2017 We've got a "Double Bottom", which has been confirmed, so the price reached the 34 Moving Average. In this case, the market is likely going to achieve the next support at 1.3150 - 1.3081 in the short term. However, if a pullback from these levels happens, we could have an upward price movement towards another resistance at 1.3250 - 1.3239. The last "Triple Bottom" pattern led to the current upward price movement, so all the Moving Averages have been broken. Meanwhile, we could have a local bearish correction during the day, but bulls are likely going to reach the next resistance at 1.3205 - 1.3239 afterwards. More: https://fbs.com/analytics/articles/gbp-usd-price-reached-the-34-ma-4917

USD/CAD Daily Analytics 08:56 07.11.2017 Recommendation: BUY 1.2645 SL 1.2590 TP1 1.2745 TP2 1.2845 BUY 1.2585 SL 1.253 TP1 1.2685 TP2 1.2785 On the daily chart, the inability of bulls to conquer resistance at 1.2922 became a reason for bears’ counterattack. As long as the pair’s above support at 1.2462, there are reasons to buy on the pullbacks to the short-term uptrend. On H1, USD/CAD is forming “Spike with reversal and acceleration”. Rebounds from support in form of the lower border of the uptrend and the upper border of a triangle should be used for opening long positions. More: https://fbs.com/analytics/articles/usd-cad-bulls-made-a-stop-4916

XAU/USD Daily Analytics 08:40 07.11.2017 Recommendation: SELL $1267 SL $1281 TP1 $1237 TP2 $1212 On the daily chart, XAU/USD keeps fighting for an important level of $1281 an ounce. If the bulls manage to leave the descending trend channel and settle above it, gold will get chance to get to $1299 and $1321. On the other hand, bears’ victory will increase the odds of the pair getting to 78.6% and 200% of Gartley pattern and AB=CD. On H1, wait for formation of the wave 4-5 within the widening wedge. Decline below support at $1267 will signal downtrend’s resumption. More: https://fbs.com/analytics/articles/xau-usd-gold-is-painting-a-wedge-4915

EUR/USD Daily Analytics 08:40 07.11.2017 The last "Flag" pattern has been broken, so the price is consolidating. The main intraday target is the next support area at 1.1582 - 1.1560. If a pullback from these levels happens, there'll be an opportunity to have a bullish correction in the direction of the closest resistance at 1.1668 - 1.1695. The price is consolidating between the levels 1.1615 - 1.1601. Also, there's a "Flag" pattern, so the pair is likely going to test the 55 Moving Average in the coming hours. If a pullback from this line happens little later on, we could have another decline towards the nearest support at 1.1574 - 1.1560. More: https://fbs.com/analytics/articles/eur-usd-flag-pattern-4914

AUD/USD: AUSSIE ENTERED INTO THE CLOUD AGAIN 05:46 07.11.2017 Technical levels: support – 0.7650; resistance – 0.7710 Trade recommendations: Sell — 0.7670; SL — 0.7690; TP1 — 0.7590; TP2 — 0.7540. Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance near 0.7000. More: https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-the-cloud-again-4912

GBP/USD: POUND RETURNED TO BOTTOM BORDER OF CLOUD 05:45 07.11.2017 Technical levels: support – 1.3080; resistance – 1.3180. Trade recommendations: Sell — 1.3160; SL — 1.3180; TP1 — 1.3080; TP2 — 1.3010. Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices returned to the Cloud, under the resistance of horizontal Senkou Span B and Kijun-sen. More: https://fbs.com/analytics/articles/gbp-usd-pound-returned-to-bottom-border-of-cloud-4911

EUR/USD: PRICE GOING TO CONTINUE DECLINING 12:28 06.11.2017 There are bearish patterns such a "Shooting Star" and a "Tweezers", which both have been confirmed. So, the market is likely going to continue declining towards the next support area in the short term. The 89 Moving Average has acted as resistance, but there's a bullish "Hammer", which has been formed at the local low. Therefore, we could have a local upward correction and the following decline afterwards. More: https://fbs.com/analytics/articles/eur-usd-price-going-to-continue-declining-4894

USD/JPY: BEARISH "ENGULFING" 12:25 06.11.2017 There's a bearish "Harami", which has been confirmed enough. So, the price is likely going to test the nearest Moving Average. If a pullback from this line happens, there'll be an opportunity to have another upward price movement. We've got a bearish "Engulfing", so the price is declining. Also, there isn't any reversal pattern so far. In this case, the market is likely going to test the lower "Window", which could be a departure point for another bullish rally. More: https://fbs.com/analytics/articles/usd-jpy-bearish-engulfing-4893

EUR/USD: DEVELOPING WAVE (V) OF [iII] 07:53 06.11.2017 The price couldn't fixate above 3/8 MM Level, which means wave (iv) might have been formed, so the price is declining in wave (v) of [iii]. The main intraday target is 0/8 MM level, which could be a departure point for a bullish correction. Wave (iv) took the form of a zigzag, so there's an impulse in wave i. Therefore, we're likely going to have another downward impulse in wave iii in the coming hours. In this case, we should keep an eye on 5/8 MM Level as the next bearish target. More: https://fbs.com/analytics/articles/eur-usd-developing-wave-v-of-iii-4887

GBP/USD: "THORN" PATTERN 07:43 06.11.2017 There's a "Double Bottom" pattern, which has been confirmed, so there's an upward price movement. However, we've got a bearish "Thorn" pattern, so the market is likely going to test the nearest support at 1.3026 - 1.2994. This area could be a departure point for a bullish correction. The 34 Moving Average has acted as resistance, so there's a "Thorn" pattern, which has confirmation. Nevertheless, bulls are likely going to test the closest resistance at 1.3190 during the day. If a pullback from this level happens, there'll be an option to have another decline towards the last low. More: https://fbs.com/analytics/articles/gbp-usd-thorn-pattern-4884

EUR/USD: LOCAL "FLAG" PATTERN 07:32 06.11.2017 The last "Flag" pattern has been broken, but the price is consolidating. The main intraday target is the next support area at 1.1560 - 1.1533. If a pullback from these levels happens, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1615 - 1.1634. The price is consolidating between the levels 1.1615 - 1.1601. Also, there's a local "Flag" pattern, so we should keep an eye on the nearest resistance at 1.1634 as an intraday target. If a pullback from this level arrives little later on, bears will probably try to reach another support at 1.1573 - 1.1560. More: https://fbs.com/analytics/articles/eur-usd-local-flag-pattern-4882

AUD/USD: BEARS GOT HUNGRY 07:15 06.11.2017 Recommendation: SELL 0.762 SL 0.7675 TP 0.75 BUY 0.773 SL 0.7785 TP1 0.782 TP2 0.786 On the daily chart, AUD/USD reached 88.6% target of the “Shark” pattern. After that, there was a pullback towards 23.6% of the wave CD. The pair consolidated in the range between 0.7620-0.7735. If the pair leaves this range, risks of realization of 113% target or a correction to the medium-term bearish trend will increase. On H1, rebound from the current levels will allow the bulls to count on the “Widening wedge” pattern. On the other hand, renewal of October low will point at the further decline. More: https://fbs.com/analytics/articles/aud-usd-bears-got-hungry-4881

NZD/USD: BULLS ARE DREAMING ABOUT REVENGE 07:03 06.11.2017 Recommendation: BUY 0.695 SL 0.6895 TP 0.705 SELL 0.682 SL 0.6875 TP1 0.6625 TP2 0.637 On the daily chart, bulls failed to hold above an important support at 0.6820. NZD/USD consolidated between 0.6820 and 0.6950. If it leaves this range, the risks of reaching 127.2% and 161.8% targets of “Crab” pattern or return to the inside of the uptrend channel will increase. On H1, there’s increased activity of buyers near 0.6880 and 0.6840. If the pair renews November high, this will create reasons for the continuation of NZD advance. More: https://fbs.com/analytics/articles/nzd-usd-bulls-are-dreaming-about-revenge-4880

AUD/NZD REVERSED FROM RESISTANCE ZONE 12:17 03.11.2017 AUD/NZD reversed from resistance zone Next sell target - 1.1000 AUD/NZD recently reversed down from the resistance zone lying between the multi-month resistance level 1.1300 (which has reversed numerous upward impulse waves from the end of 2014, as can be seen from the weekly AUD/NZD chart below) and the upper weekly Bollinger Band. Given the strength of the aforementioned resistance zone - AUD/NZD can be expected to fall further to the next sell target at the next support level 1.1000. More: https://fbs.com/analytics/articles/aud-nzd-reversed-from-resistance-zone-4861

AUD/CAD REVERSED FROM RESISTANCE ZONE 12:16 03.11.2017 AUD/CAD reversed from resistance zone Next sell target - 0.9770 AUD/CAD recently reversed down from the resistance zone lying between the strong resistance level 0.9900 (top of the previous minor impulse wave 1 from September), upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse from the start of August. AUD/CAD is expected to fall further to the next sell target at the next major support level 0.9770 (which created the daily Bullish Engulfing and the daily Hammer in September). More= https://fbs.com/analytics/articles/aud-cad-reversed-from-resistance-zone-4860

GBP/USD: "TRIPLE TOP" PATTERN 08:48 03.11.2017 There's a "Triple Top" pattern, so the market has plunged. However, bears faced with support at 1.3047 - 1.3032, so the price is consolidating. It's likely that the pair is going to rise in the short term. The main intraday target is the next resistance at 1.3081 - 1.3120. This area could be a departure point for a decline. All the Moving Averages have been broken. If a pullback from the closest resistance at 1.3190 happens, there'll be an opportunity to have a downward price movement. In this case, we should keep an eye on the next support at 1.3026 - 1.2994 as the next bearish target. More: https://fbs.com/analytics/articles/gbp-usd-triple-top-pattern-4854

EUR/USD: DEVELOPING "FLAG" PATTERN 08:45 03.11.2017 The price is consolidating between the levels 1.1695 - 1.1582. Also, there's a developing "Flag" pattern, so the market is likely going to reach the nearest resistance at 1.1724 - 1.1729. If a pullback from this area happens, there'll be an opportunity to have a decline towards the closest support at 1.1634 - 1.1615. There's a consolidating, which is taking place between the 55 & 89 Moving Averages. Moreover, we've got a "V-Top" pattern, so bears are likely going to test the 34 Moving Average soon. If a pullback from this line arrives little later on, bulls will probably try to reach the next resistance at 1.1695 - 1.1724. More: https://fbs.com/analytics/articles/eur-usd-developing-flag-pattern-4853

EUR/GBP: BULLS ARE RESUMING THE TREND 07:31 03.11.2017 Recommendation: BUY 0.8990 SL 0.8935 TP1 0.9075 TP2 0.9200 On the daily chart, EUR/GBP is forming the “Dragon” pattern. The first condition of its realization is the return of the pair inside the previous short-term uptrend channel. A successful test of resistance at 0.8980 will be the signal. On H1, EUR/GBP formed a widening wedge pattern. Return of the pair to support at 0.8800 with the following successful test is a signal for selling. On the other hand, successful test of resistance at 0.8990 will open way to the north for bulls. More: https://fbs.com/analytics/articles/eur-gbp-bulls-are-resuming-the-trend-4847

EUR/USD: EURO APPROACHED THE MILESTONE 07:21 03.11.2017 Recommendation: BUY 1.1680 SL 1.1625 TP1 1.1775 TP2 1.18 On the daily chart, bulls are trying to counterattack and conquer resistance at 1.1670-1.1680. If they succeed, euro will manage to go to the area of trade channel’s intersection ($1.1775-$1.1800). On the other hand, return to support at 1.1595-1.1610 with the following successful will increase the odds of realization of 200% target of AB=CD. On H1, a successful test of resistance at 1.1670-1.1680 will increase the odds of formation of the “Crab” pattern with targets at 78.6% and 88.6%. More: https://fbs.com/analytics/articles/eur-usd-euro-approached-the-milestone-4846

USD/JPY: DOLLAR FIXED POSITIONS ON CLOUD 06:27 03.11.2017 Technical levels: support – 113.90, 113.50; resistance – 114.40. Trade recommendations: Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80. Sell — 113.80; SL — 114.00; TP1 — 113.00; TP2 — 112.40. Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are on the support of the Cloud. More: https://fbs.com/analytics/articles/usd-jpy-dollar-fixed-positions-on-cloud-4844

EUR/USD: EURO GROWING UP TO CLOUD 06:26 03.11.2017 Technical levels: support – 1.1640; resistance – 1.1670. Trade recommendations: Sell — 1.1670; SL — 1.1690; TP1 — 1.1600; TP2 – 1.1580 Reason: bearish Ichimoku Cloud, horizontal Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in consolidation and rising to resistance of the bottom border of the Cloud. More: https://fbs.com/analytics/articles/eur-usd-euro-growing-up-to-cloud-4843

USD/JPY: 55 MA ACTED AS SUPPORT AGAIN 13:23 02.11.2017 The lower "Window" has acted as support, so the pair is likely going to test the nearest resistance. If any bearish pattern forms little later on, there'll be an opportunity to have a decline towards the Moving Averages. The 55 Moving Average has acted as support once again. Also, there isn't any reversal pattern so far. Therefore, bulls are likely going to continue pushing the price higher in the short term. More: https://fbs.com/analytics/articles/usd-jpy-55-ma-acted-as-support-again-4835