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EUR/USD: "DOUBLE TOP" PATTERN 08:29 08.09.2017 The 34 Moving Average has acted as support so the price is rising. However, bulls didn't fixate above the "Runaway Gap", so we could have a local downward correction. Nevertheless, the market is likely going to climb even higher, so we should keep an eye on the next resistance at 1.2080 - 1.2129 as an intraday target. We've got a "Double Top" pattern, which has been confirmed, so the price is likely going to achieve the closest support at 1.2022. If a pullback from this level happens, there'll be an opportunity to have an upward price movement towards another resistance at 1.2129. More: https://fbs.com/analytics/articles/eur-usd-double-top-pattern-3581

EUR/GBP: BULLS ARE LIFTING THEIR HEADS 07:28 08.09.2017 Recommendation: BUY 0.9215 SL 0.916 TP 0.929 TP2 0.9355 TP3 0.942 On the daily chart, EUR/GBP keeps forming “Spike and reversal with acceleration”. Until the price falls below both trendlines, bulls will retain control of the situation. Their further movement up will increase the possibility of an advance towards 127,2%, 161.8%, 200% and 224% targets of AB=CD. On H1, a break above resistance at 0.9213 and the following triggering of the “Widening wedge” and the “Shark” patterns will increase the possibility of an advance to 0.9285-0.9290. More: https://fbs.com/analytics/articles/eur-gbp-bulls-are-lifting-their-heads-3580

EUR/USD: BULLS NEED A REST 07:17 08.09.2017 Recommendation: SELL 1.2035 SL 1.209 TP 1.1935 On the daily chart, EUR/USD keeps forming “Spike and ledge with acceleration”. The trend’s angle is increasing the risks of correction. The inability of bulls to keep the pair above 1.2062 and 1.2156 (161.8% and 200% targets) points at their weakness. On H1, EUR/USD formed 2 convergence areas with the help of senior and junior AB=CD patterns. The fall of the pair below the low of the bar, which marked the previous minimum, will signal the start of bears’ counterattack. More: https://fbs.com/analytics/articles/eur-usd-bulls-need-a-rest-3578

USD/JPY: PULLBACK FROM THE LOWER "WINDOW" 11:36 07.09.2017 There's a pullback from the lower "Window", but we've got a local bearish "Shooting Star", which has been confirmed. So, the market is likely going to test the lower "Window" once again in the short term. We've got a "Doji" and a "High Wave" on the 55 Moving Average. Considering of confirmation of both patterns, the pair is likely going to continue moving down towards the last low until any bullish pattern arrives. More: https://fbs.com/analytics/articles/usd-jpy-pullback-from-the-lower-window-3562

EUR/USD: BULLISH "THREE METHODS" 11:33 07.09.2017 We've got a bullish "Three Methods", which has been confirmed. So, the market is likely going to continue moving up towards the nearest resistance area. If any bearish pattern forms little later on, there'll be an opportunity to have a decline. The 34 Moving Average has acted as support, so the price is rising. The last "Window" has been broken. If a pullback from the achieved resistance happens, bears are likely going to deliver a local downward correction. More: https://fbs.com/analytics/articles/eur-usd-bullish-three-methods-3561

EUR/USD: DEVELOPING WAVE 4 09:41 07.09.2017 There's a developing wave 4, which is likely going to take the form of a zigzag. So, if a pullback from 4/8 MM Level happens, there'll be an opportunity to have a bearish impulse in wave [c]. The main target for wave 4 is 1/8 MM Level. It seems like we've got an ending diagonal pattern in wave © of . In this case, if we have a pullback from 4/8 MM Level, bears are likely going to test 1/8 MM Level, which could be a departure point for wave (i). More: https://fbs.com/analytics/articles/eur-usd-developing-wave-4-3559

GBP/USD: "V-TOP" PATTERN 09:10 07.09.2017 There's a "Thorn" pattern, which pushed the price to the nearest support at 1.3047 - 1.3032. However, bears are likely going to test the next support at 1.2994 - 1.2977 in the short term. If a pullback from these levels happens little later on, there'll be an option to have a bullish price movement towards the closest resistance at 1.3082 - 1.3096. Bulls faced with resistance at 1.3082, so there's a "V-Top" pattern. Therefore, the pair is likely going to decline towards the nearest support area at 1.2994 - 1.2977. At the same time, bulls will probably try to deliver a new local high afterwards. More: https://fbs.com/analytics/articles/gbp-usd-v-top-pattern-3553

EUR/USD: POSSIBLE TRIANGLE PATTERN 09:07 07.09.2017 The price is still consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1909 - 1.1892. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.1975 - 1.2003. There's a possible triangle pattern. In this case, the market is likely going to get support on the 89 Moving Average. Meanwhile, if we see a pullback from this line, bulls will try to test another resistance at 1.1975 - 1.2003. More: https://fbs.com/analytics/articles/eur-usd-possible-triangle-pattern-3551

EUR/JPY: BULLS ARE PREPARING AN ATTACK 07:42 07.09.2017 Recommendation: BUY 130.65 S L 130.1 TP 131.65 TP2 133.8 On the daily chart, EUR/JPY entered the dead zone between the short-term downtrend and the long-term uptrend channels. To develop correction, bears need to form and reach targets of the “Widening wedge”. The presence of the inside bar creates a possibility for the short-term trades. On H1, EUR/JPY is consolidating in range as the “Shark” pattern is transforming into 5-0. Bulls managed to lead the pair outside the downtrend channel. To resume the uptrend, they need to overcome resistance at 130.65. More: https://fbs.com/analytics/articles/eur-jpy-bulls-are-preparing-an-attack-3544

USD/JPY: YEN IS MOVING THROUGH CHANNELS 07:09 07.09.2017 Recommendations: SELL 108.5 SL 109.05 TP 106.4 BUY 109.75 SL 109.2 TP 112.1 On the daily chart, USD/JPY bulls are trying to leave the short-term descending channel. If they fail and bears manage to renew August low and conquer support at 108.03, risks of decline towards 127.2% and 161.8% targets of the AB=CD pattern will increase. On H1, USD/JPY formed a “Widening wedge". The return of the pair to 38.2% and 23.6% of the wave 4-5 may be used for buying. On the other hand, another test of support at 108.54 can be used for selling. More: https://fbs.com/analytics/articles/usd-jpy-yen-is-moving-through-channels-3543

GBP/USD: CONSOLIDATION OVER CLOUD 06:46 07.09.2017 Technical levels: support – 1.2980/90; resistance – 1.3020/40. Trade recommendations: Buy — 1.3050; SL — 1.3030; TP1 — 1.3100; TP2 — 1.3130. Buy — 1.2990; SL — 1.2970; TP1 — 1.3040; TP2 — 1.3100. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; the market is out from the overbought area soon and may go higher. More: https://fbs.com/analytics/articles/gbp_usd%3a_consolidation_over_cloud_3542

EUR/USD: READY TO CONTINUE UPTREND 06:45 07.09.2017 Technical levels: support – 1.1910; resistance – 1.1960, 1.1990. Trade recommendations: Buy — 1.1910; SL — 1.1890; TP1 — 1.1960; TP2 – 1.1990. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance. More: https://fbs.com/analytics/articles/eur_usd%3a_ready_to_continue_uptrend_3540

EUR/USD: POSSIBLE ENDING DIAGONAL 11:06 06.09.2017 The price is still consolidating under 4/8 MM Level, which could be a departure point for wave [c]. The main target for wave 4 is 1/8 MM Level. If we have a pullback from this level, bulls are likely going to deliver another upward impulse. There's a possible ending diagonal in wave © of . If a pullback from 4/8 MM Level happens, there'll be an opportunity to have a bearish impulse in wave [c] of 4. If so, we should keep an eye on 1/8 MM Level as an intraday target. More: https://fbs.com/analytics/articles/eur_usd%3a_possible_ending_diagonal_3523

USD/JPY: "TWEEZERS" AND "HAMMER" 10:38 06.09.2017 There's a possible "Three Methods" pattern, so the current local correction is likely going to end soon. Previously, a "Shooting Star" pattern has been formed on the 89 Moving Average. In this case, we could have a new local low pretty soon. There are bullish patterns such a "Tweezers" and a "Hammer", but both of them haven't been confirmed yet. So, we could have just a local correction towards the 34 Moving Average. If a pullback from this line happens, bears are going to break the last low. More: https://fbs.com/analytics/articles/usd_jpy%3a_%22tweezers%22_and_%22hammer%22_3522

EUR/USD: UPPER "WINDOW" ACTING AS RESISTANCE 10:36 06.09.2017 The 34 & 55 Moving Averages have acted as support, so the price is moving up. There's no any reversal pattern, cause all the last candles are bullish. Therefore, the market is likely going to continue rising towards the nearest resistance level. The upper "Window" is acting as resistance, so we could have a local bearish correction towards the Moving Averages. If a pullback from these lines arrives little later on, there'll be an opportunity to have another bullish price movement. More: https://fbs.com/analytics/articles/eur_usd%3a_upper_%22window%22_acting_as_resistance_3521

GBP/USD: "TRIPLE TOP" LED TO CONSOLIDATION 09:44 06.09.2017 The Moving Averages have acted as support, so the price is rising, but bulls faced with resistance at 1.3032 - 1.3047. In this case, we should keep an eye on the nearest support at 1.2994 - 1.2977 as an intraday target. If a pullback from these levels happens, there'll be an opportunity to have even more bullish pressure. There's a "Triple Top", so the price is consolidating. Therefore, the market is likely going to test the closest support at 1.2994 - 1.2977 during the day. Meanwhile, bulls could deliver a new local high afterwards. More: https://fbs.com/analytics/articles/gbp_usd%3a_%22triple_top%22_led_to_consolidation_3520

EUR/USD: BEARS GOING TO TEST 55 MA 09:38 06.09.2017 The price is still consolidating between the levels 1.1959 - 1.1875. So, bears are likely going to test the 55 Moving Average, which could act as support. If so, there'll be an opportunity to have an upward correction towards the nearest resistance at 1.1975 - 1.2003. There's a consolidation, which is taking place above the Moving Averages. It's likely that the market is going to test the closest support at 1.1874 - 1.1864. If a pullback from this area happens, bulls will try to achieve the next resistance at 1.1975 - 1.2003. More: https://fbs.com/analytics/articles/eur_usd%3a_bears_going_to_test_55_ma_3519

AUD/USD: AUSSIE RETURNED TO 0.8000 07:09 06.09.2017 Technical levels: support – 0.7940, 0.7980; resistance – 0.8000. Trade recommendations: Sell — 0.7970; SL — 0.7990; TP1 — 0.7940; TP3 — 0.7920. Buy — 0.7930; SL — 0.7910; TP1 — 0.8000; TP3 — 0.8040. Reason: bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are tested the strong resistance on 0.8000, but can’t break it out. More: https://fbs.com/analytics/articles/aud_usd%3a_aussie_returned_to_0.8000_3515

GBP/USD: BULLS LOOK STRONG 07:08 06.09.2017 Technical levels: support – 1.2920, 1.2980; resistance – 1.3020/40. Trade recommendations: Buy — 1.2980; SL — 1.2960; TP1 — 1.3040; TP2 — 1.3100. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are breaking out the Cloud’s resistance and may go higher. More: https://fbs.com/analytics/articles/gbp_usd%3a_bulls_look_strong_3514

GBP/USD: BULLS RETURN TO THE GAME 06:36 06.09.2017 Recommendation: SELL 1.296 SL 1.3015 TP1 1.2835 TP2 1.2775 On the daily chart, GBP/USD returned inside the long-term bullish channel. This points at buyers’ strength. Bears can regain the initiative only if the pair slide below $1.2962. A break of this support will increase the risks of triggering “Head and shoulders” pattern. On H1, GBP/USD keeps forming the 5-0 pattern. Conservative approach suggests opening short positions as the pair returns to the previous correction level (38.2%) of the wave CD. More: https://fbs.com/analytics/articles/gbp_usd%3a_bulls_return_to_the_game_3510

USD/CHF: BULLS WANT REVENGE 06:25 06.09.2017 Recommendation: BUY 0.964 SL 0.9585 TP1 0.9765 TP2 0.986 On the daily chart, a double bottom allows the bulls to retain hopes of finishing a “Dragon” pattern. To do it they have to return the quotes to resistance levels at 0.9650 and 0.9765 and conquer them. On H1, a successful test of resistance at 0.9640 (upper border of the downtrend channel) will increase the risks of an inverted butterfly pattern. Its 127.2% target corresponds to 0.9860. More: https://fbs.com/analytics/articles/usd_chf%3a_bulls_want_revenge_3508

EUR/USD: DEVELOPING IMPULSE IN WAVE [C] OF 4 12:51 05.09.2017 An extension in wave 3 has been finished under 3/8 MM Level, so there's developing wave 4, which is likely going to take the form of a zigzag. If the price doesn't find a lodgement below 1/8 MM Level, there'll be an opportunity to have another bullish impulse. Wave has been formed like a zigzag, so there's a developing impulse in wave [c] of 4. It's likely that wave (iii) of [c] is going to move on, so we could have a new local low pretty soon. The main target for wave [c] is 1/8 MM Level. More: https://fbs.com/analytics/articles/eur_usd%3a_developing_impulse_in_wave_%5bc%5d_of_4_3492

USD/JPY: BEARISH "THREE METHODS" 12:26 05.09.2017 We've got a bearish "Three Methods", but there's a local bullish "Harami" pattern, which has been confirmed. So, the market is likely going to test the closest resistance level, which could lead to another decline. There's resistance by the Monday's "Window". However, we've got a confirmed bullish "Hammer", so the pair is likely going to test the Moving Averages. If a pullback from these lines happens, bears will try to deliver a new local low. More: https://fbs.com/analytics/articles/usd_jpy%3a_bearish_%22three_methods%22_3491

EUR/USD: "HARAMI" AND "SHOOTING STAR" 12:23 05.09.2017 There's a developing bearish correction. We've got bearish patterns such a "Harami" and a "Shooting Star" at the last local high. So, the price is likely going to test the 89 Moving Average, which could be a departure point for another bullish rally. The Monday's "Window" remains open, but the last bearish "Engulfing" and "High Wave" patterns are still in the game. At the same time, there's an opportunity to have a local upward correction towards the Moving Averages. Nevertheless, bears are likely going to test the nearest support afterwards More: https://fbs.com/analytics/articles/eur_usd%3a_%22harami%22_and_%22shooting_star%22_3490

GBP/USD: 34 & 55 MA ACTING AS SUPPORT 12:20 05.09.2017 The 34 & 55 Moving Averages are acting as support. Nevertheless, the pair is likely going to test the next support at 1.2891 - 1.2853 in the short term. If a pullback from this area happens little later on, we should keep an eye on the nearest resistance at 1.2989 - 1.3021 as an intraday bullish target. Bears faced with support at 1.2916, so the price is consolidating. Also, there's a "Flag" pattern, so the market is likely going to reach the closest support area at 1.2891 - 1.2872, which could be a departure point for a bullish correction. More: https://fbs.com/analytics/articles/gbp_usd%3a_34___55_ma_acting_as_support_3489