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EUR/USD: EURO FIXED POSITIONS OVER KIJUN-SEN 05:20 09.10.2017 Technical levels: support – 1.1725, 1.1700; resistance – 1.1760/70. Trade recommendations: Sell — 1.1750; SL — 1.1770; TP1 — 1.1700; TP2 – 1.1650 Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are breakout the Kijun’s resistance, but there is a stronger resistance of the Cloud. More: https://fbs.com/analytics/articles/eur-usd-euro-fixed-positions-over-kijun-sen-4255

EUR/AUD: TARGETING THE 1.5140 LEVEL 00:08 09.10.2017 EUR/AUD has gained momentum around the 65% Fibonacci retracement level at 1.4962 and now it’s targeting the -23.6% Fibo zone at 1.5138. During Friday’s session, it made a pull back in an effort to correct recent gains in the pair. If it manages to break above Friday’s highs, such target could be reached, while a pull back should take the pair to re-test the 200 SMA around the 38.2% Fibo level. RSI indicator remains in the positive territory, favoring to the bulls. More: https://fbs.com/analytics/articles/eur-aud-targeting-the-15140-level-4253

USD/JPY: "WINDOW" ACTING AS SUPPORT 12:14 06.10.2017 The "Window" is acting as support, so we've got an "Engulfing" pattern. Therefore, the market is likely going to reach the nearest resistance area pretty soon. There's a bearish "High Wave", which has been confirmed. So, the price is likely going to get support on the 55 Moving Average. If a pullback from this line happens, we could have just another bullish rally. More: https://fbs.com/analytics/articles/usd-jpy-window-acting-as-support-4234

EUR/USD: "ENGULFING" AND "HAMMER" 12:12 06.10.2017 We've got a bullish "High Wave", which hasn't been confirmed enough. So, we could have just a local upward correction in the short term. If a pullback from the nearest resistance happens, bears are likely going to break the last low. We've got bullish patterns such an "Engulfing" and a "Hammer", which both have been confirmed. So, the 55 Moving Average is likely going to act as resistance during the day. More; https://fbs.com/analytics/articles/eur-usd-engulfing-and-hammer-4233

US NONFARM PAYROLLS: FORECASTS FROM BANKS 10:28 06.10.2017 The United States will release labor market data at 15:30 MT time today. According to the consensus forecast, American economy added in September only 88K of new jobs after gaining 156K in August. The reason for weak expectations in the Harvey hurricane. Apart from NFP, America will also release average hourly earnings and unemployment rate. Let’s see what outcome do the major banks envisage. More: https://fbs.com/analytics/articles/us-nonfarm-payrolls-forecasts-from-banks-4232

GBP/USD: BEARS CAN'T STOP 09:08 06.10.2017 Bears faced with support at 1.3081, but the market is likely going to test the next support at 1.3017 - 1.2994 in the short term. If a pullback from this area happens, we could have a bullish price movement towards the nearest resistance area at 1.3081 - 1.3115. The price is still declining. The main bearish target is the nearest support at 1.3017 - 1.2994. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement in the direction of the closest resistance at 1.3081 - 1.3115. More: https://fbs.com/analytics/articles/gbp-usd-bears-cant-stop-4231

EUR/USD: PRICE GOING TO TEST NEAREST SUPPORT 09:05 06.10.2017 The price is consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1661 - 1.1612. If a pullback from this area happens, we could have another upward price movement towards the closest resistance at 1.1688 - 1.1714. There's a consolidation, which is taking place between the levels 1.1688 - 1.1714. It's likely that the pair is going to test the next support at 1.1661 - 1.1639 during the day. Meanwhile, if we see a pullback from these levels, bulls will probably try to achieve another resistance at 1.1688 - 1.1695. More: https://fbs.com/analytics/articles/eur-usd-price-going-to-test-nearest-support-4230

EUR/GBP: BULLS ARE RESUMING THE TREND 07:39 06.10.2017 Recommendation: BUY 0.8945 SL 0.889 TP1 0.902 TP2 0.9085 On the daily chart, EUR/GBP keeps forming the invested “Shark” pattern and resuming the uptrend. A break of diagonal resistance and settling above 0.8929 will increase the risks of reaching 88.6% and 113% targets. On H1, EUR/GBP after reaching the targets of the reversal pattern “Widening wedge” started an uptrend. A beak of resistance at 0.8945 will be a signal for continuation to the upside towards the targets marked at the senior timeframe. More: https://fbs.com/analytics/articles/eur-gbp-bulls-are-resuming-the-trend-4228

EUR/USD IS BUILDING A FORTRESS 07:17 06.10.2017 Recommendation: BUY 1.1595 SL 1.1540 TP 1.1710 On the daily chart, EUR/USD fell below 1.17 (88.6% target of the “Shark” pattern). Bulls are ready to test support at 1.1685 (23.6% of the last bullish wave). Success will open the way to 113% target of the “Shark” On H1, a break below an important support at 1.1710 increased the risks of continuation to the downside to 1.1595-1.1605 (200% and 113% of AB=CD and “Shark”). If the euro gets there, it will create grounds for a pullback. More: https://fbs.com/analytics/articles/eur-usd-is-building-a-fortress-4226

EUR/USD: DEVELOPING "THREE BLACK CROWS" 11:51 05.10.2017 There's a bullish "Engulfing", which has been confirmed by the last "Three Methods" pattern. So, the 34 Moving Average is likely going to act as resistance in the short term. If a pullback from this line happens, we could have another decline soon. It's likely that there's a developing "Three Black Crows" pattern. If it confirms, bears are likely going to test the closest support area, which could be a departure point for an upward price movement towards the Moving Averages. More: https://fbs.com/analytics/articles/eur-usd-developing-three-black-crows-4206

USD/JPY: 144 MA GOING TO ACT AS SUPPORT 11:49 05.10.2017 The price is consolidating above the "Window", which is likely going to act as support once again soon. If a pullback from the 34 Moving Average happens, there'll be an opportunity to have another upward price movement. There's a "Shooting Star", so the price is declining. Also, there isn't any reversal pattern so far. The 144 Moving Average is likely going to act as support. If so, bulls will probably try to deliver another rally. More; https://fbs.com/analytics/articles/usd-jpy-144-ma-going-to-act-as-support-4205

EUR/USD: LEADING DIAGONAL IN WAVE (I) 08:53 05.10.2017 The price faced with support on 0/8 MM Level, so wave 4 may have been ended as a zigzag pattern. In this case, we're likely going to have an upward impulse in wave , so we should keep an eye on 3/8 MM Level as the nearest bullish target. There's a leading diagonal in wave (i), but wave (ii) hasn't been finished yet. So, the pair is likely going to test 0/8 MM Level, which could be a departure point for wave (iii) of . More: https://fbs.com/analytics/articles/eur-usd-leading-diagonal-in-wave-i-4204

GBP/USD: "PENNANT" PATTERN 08:45 05.10.2017 Bears faced with support at 1.3223, so the price is consolidating near the 89 Moving Average. Also, there's a "Flag" pattern, so the market is likely going to reach the nearest support st 1.3182 - 1.3150 in the short term. If a pullback from these levels happens little later on, there'll be an opportunity to have an upward price movement towards the next resistance at 1.3278. We've got a "Pennant" pattern, which lower side has been broken. So, the pair is likely going to achieve the next support at 1.3182 - 1.3150. However, if we see a pullback from this area, bulls will probably try to test the 34 Moving Average. More: https://fbs.com/analytics/articles/gbp-usd-pennant-pattern-4203

EUR/USD: PRICE GOING TO REACH 89 MA 08:43 05.10.2017 The price is consolidating between the levels 1.1739 - 1.1793. It's likely that the market is going to test the 34 Moving Average during the day. If a pullback from this line happens later on, we could have just another decline towards the nearest support area at 1.1714 - 1.1688. The 55 Moving Average has acted as resistance, so the price is consolidating. However, the price is likely going to reach the 89 MA, which could be a departure point for another decline. More: https://fbs.com/analytics/articles/eur-usd-price-going-to-reach-89-ma-4202

USD/CAD: LOONIE IS BREAKING THE TREND 07:34 05.10.2017 Recommendation: BUY 1.2595 SL 1.254 TP1 1.2715 TP2 1.292 TP3 1.325 On the daily chart, USD/CAD bulls managed to overcome resistance at 1.2462. If they manage to conquer the level of 1.2717, the risks of an inverted “Shark” pattern will significantly increase. Its 88.6% target is at 1.3250. On H1, a break of resistance at 1.2533 will open the way to 1.2595 (88.6% of the last descending wave + 161.8% target of AB=CD). A successful test of this level will allow bulls to continue the rally. More: https://fbs.com/analytics/articles/usd-cad-loonie-is-breaking-the-trend-4201

[b[EUR/JPY: THE TRUCE HAS RUN OVER TIME[/b] 07:16 05.10.2017 Recommendations: BUY 133.05 SL 132.5 TP1 134.05 TP2 135 SELL 132 SL 132.55 TP1 131.25 TP2 130.4 TP3 129.8 On the daily chart, EUR/JPY is consolidating within a bullish trend. A break of its lower border and exit outside the uptrend channel will increase the risks of a pullback to 129.80. On H1, EUR/JPY got stuck between 132 and 133.05. A successful test of its lower border will allow triggering of AB=CD pattern with a target at 200%. On the other hand, a break of resistance at 133.05 creates room for the uptrend’s resumption. More: https://fbs.com/analytics/articles/eur-jpy-the-truce-has-run-over-time-4199

AUD/USD: AUSSIE TESTED CLOUD’S RESISTANCE 07:13 05.10.2017 Technical levels: support – 0.7800; resistance – 0.7880. Trade recommendations: Buy — 0.7830; SL — 0.7810; TP1 — 0.7880; TP2 — 0.7900. Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are returned to the support of Tenkan-sen and Kijun-sen. More: https://fbs.com/analytics/articles/aud-usd-aussie-tested-cloud%E2%80%99s-resistance-4198

GBP/USD: BREAKDOWN OF SUPPORT 07:13 05.10.2017 Technical levels: support – 1.3200, 1.3090; resistance – 1.3280. Trade recommendations: Sell — 1.3190; SL — 1.3210; TP1 — 1.3090; TP2 — 1.3050. Reason: expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and Kijun-sen; the prices are breakdown the main support of the Cloud and entered into the negative area. More: https://fbs.com/analytics/articles/gbp-usd-breakdown-of-support-4197

EUR/USD: BULLISH "ENGULFING" 11:28 04.10.2017 There's a bullish "Engulfing", which has been confirmed enough. So, the market is likely going to continue moving up towards the nearest resistance area, which could be a departure point for another decline. We've got a bullish "Hammer", but confirmation of this pattern is still on the way. Therefore, we could have a local bearish correction during the day. However, if a pullback from the closest support happens little later on, there'll be an opportunity to have an upward price movement in the direction of the last high. More: https://fbs.com/analytics/articles/eur-usd-bullish-engulfing-4180

USD/JPY: "TOWER" LED TO DECLINE 11:24 04.10.2017 The price is still consolidating. Also, there's a "Hanging Man", which has been formed at the last local high. So, the 34 Moving Average is likely going to act as support. If so, we could have another bullish rally afterwards. The last "Tower" pattern led to the current decline. Meanwhile, if any bullish pattern forms on the lower "Window", there'll be an opportunity to have an upward price movement towards the nearest resistance area. More: https://fbs.com/analytics/articles/usd-jpy-tower-led-to-decline-4179

EUR/USD: POSSIBLE EXTENSION IN THE THIRD WAVE 10:27 04.10.2017 There's a pullback from 0/8 MM Level, so wave 4 may have been formed. Therefore, there's an opportunity to have an upward impulse in wave . The main intraday target is 2/8 MM Level, which could be a departure point for a downward correction. As we can see on the one-hour chart, there's a possible extension in the third wave inside wave . So, the market is likely going to continue moving up, which means we could have a new local high pretty soon. More: https://fbs.com/analytics/articles/eur-usd-possible-extension-in-the-third-wave-4178

GBP/USD: "TRIPLE BOTTOM" 09:00 04.10.2017 Bears faced with support at 1.3223, so there's a "Triple Bottom", which pushed the price to the closest resistance at 1.3278. Meanwhile, the market is likely going to continue moving up towards the 34 Moving Average. If this line acts as resistance little later on, bears will try to reach another support at 1.3223 - 1.3182. We've got a "Triple Bottom", so the price is consolidating. The main intraday target is the 89 Moving Average, which could be a departure point for another decline in the direction of the last low. More: https://fbs.com/analytics/articles/gbp-usd-triple-bottom-4171

EUR/USD: "PENNANT" LED TO FORM NEW HIGH 08:58 04.10.2017 There's a "V-Bottom" pattern, so the price reached the nearest resistance at 1.1772. Nevertheless, the market is likely going to achieve the 89 Moving Average in the short term. If a pullback from this line happens, we could have a decline towards the closest support at 1.1714 - 1.1688 The last "Pennant" pattern led to form a new local high. Also, we've got a bullish "Flag", so the pair is likely going to reach another resistance at 1.1831 in the coming hours. However, if a pullback from this level happens, there'll be an opportunity to have a decline in the direction of the nearest support at 1.1739 - 1.1714. More: https://fbs.com/analytics/articles/eur-usd-pennant-led-to-form-new-high-4170

GBP/USD: BEARS CREATED A TRAP 07:52 04.10.2017 Recommendation: SELL 1.332 SL 1.3375 TP 1.321 TP2 1.3105 SELL 1.338 SL 1.3435 TP1 1.328 TP2 1.321 On the daily chart, after GBP/USD formed AB=CD and “Three Indians” patterns, there was a pullback. Bulls are currently trying to return in the game and resume the uptrend. For a start, they have to overcome 1.3290. On H1, GBP/USD reached 88.6% target of the “Shark” pattern. After this, the “Shark” started transforming into 5-0. Pullbacks towards 23.6%, 38.2% and 50% of the wave CD, as usual, are used for forming short positions. More; https://fbs.com/analytics/articles/gbp-usd-bears-created-a-trap-4169

USD/CHF: FRANC WENT OFF THE ROAD 07:27 04.10.2017 Recommendations: SELL 0.971 SL 0.9765 TP1 0.9585 TP2 0.954 SELL 0.9645 SL 0.97 TP1 0.9585 TP2 0.954 On the daily chart, the inability of bulls to settle above 0.9760 points at their weakness. If bears manage to use the pin bar, the odds of decline to 88.6% and 113% targets of the “Shark” pattern will increase. On H1, there’s a combination of reversal patterns “Three Indians” and “Widening wedge”. Aggressive selling involves opening positions on the break of the lower border of the uptrend channel. Conservative sellers can open positions on a successful break of support at 0.9645. More: https://fbs.com/analytics/articles/usd-chf-franc-went-off-the-road-4167