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EUR/GBP: BULLS COUNT ON A WEDGE 10:21 01.09.2017 Recommendations: BUY 0.922 SL 0.9165 TP 0.932 BUY 0.9235 SL 0.918 TP 0.9335 On the daily chart, EUR/GBP is in sustainable uptrend within “Spike and reversal with acceleration”. As long as the pair doesn’t fall to 0.9068, bulls will retain total control of the pair. On H1, EUR/GBP is forming a “widening wedge” pattern. Return of the pair to point 3 will end the process and allow to form longs. More aggressive traders can use the break of the upper border of the trend channel as a signal for opening long positions. More: https://fbs.com/analytics/articles/eur_gbp%3a_bulls_count_on_a_wedge_3411

EUR/USD: EURO LIKED PIN BARS 10:04 01.09.2017 Recommendations: BUY 1.1925 SL 1.187 TP1 1.1995 TP2 1.2085 BUY 1.1985 SL 1.193 TP1 1.2085 TP2 1.2185 On the daily chart, bears’ failure to rise above 1.1845 points at their weakness. This is confirmed by a pin bar with a long lower wick. Traders should favor buying on the break of resistance aiming for 161.8%, 200% and 224 targets of AB=CD pattern. On H1, EUR/USD may form 1-2-3 pattern on correction. The break of resistances at 1.1925 and 1.1985 will be a signal for long positions. More: https://fbs.com/analytics/articles/eur_usd%3a_euro_liked_pin_bars_3410

USD/JPY: BULLISH "THREE METHODS" 14:12 31.08.2017 Bulls faced the 144 Moving Average, so we've got a "Shooting Star", but this pattern hasn't been confirmed yet. In this case, the price is likely going to test the nearest resistance level in the short term. If any bearish pattern arrives later on, we could have a downward correction. We've got a bullish "Three Methods", so the price is likely going to test the upper "Window". If a pullback from this level happens, there'll be an opportunity to have a bearish correction. More: https://fbs.com/analytics/articles/usd_jpy%3a_bullish_%22three_methods%22_3399

EUR/USD: BEARISH "ENGULFING" 14:07 31.08.2017 The last bearish "Harami" has been confirmed by a "Three Methods" pattern, so the price is declining. The next bearish target is the 55 Moving Average, which could be a departure point for an upward correction. There's a bearish "Engulfing", which has been confirmed enough. So, the market is likely going to test the 89 Moving Average, which could act as support. If a pullback from this line happens, there'll be an opportunity to have another decline. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22engulfing%22_3398

GBP/USD: "THORN" PATTERN 12:47 31.08.2017 The price is still consolidating near the Moving Averages. It seems like the pair is going to test the nearest support area at 1.2891 - 1.2877. However, if a pullback from these levels arrives later on, there'll be an option to have a bullish price movement towards the closest resistance at 1.2958 - 1.2989. There's a "Thorn" pattern, so the price is consolidating. Therefore, the pair is likely going to test the 89 Moving Average. If a pullback from this line happens, bulls will have a green light to achieve another resistance at 1.2942 - 1.2958. More: https://fbs.com/analytics/articles/gbp_usd%3a_%22thorn%22_pattern_3394

EUR/USD: "PENNANT" LED TO MASSIVE DECLINE 12:20 31.08.2017 Bears faced support at 1.1875, but the market is likely going to continue falling down. So, we should keep an eye on the 55 Moving Average as an intraday target. If a pullback from this line happens, there'll be an opportunity to have an upward price movement towards the nearest resistance at 1.1909 - 1.1959. The last "Pennant" led to a massive decline. The main intraday bearish target is the closest support at 1.1838 - 1.1827. Meanwhile, if we have a pullback from this area, bulls will probably try to deliver an upward correction. More: https://fbs.com/analytics/articles/eur_usd%3a_%22pennant%22_led_to_massive_decline_3393

USD/JPY: BULLS COUNTERATTACKED 10:37 31.08.2017 Recommendations: BUY 109.7 SL 109.15 TP 111.3 TP2 112.15 BUY 110.9 SL 110.35 TP1 112.15 TP2 114 On the daily chart, bulls managed to move the pair outside of the short-term downtrend and start assailing resistance at 110.52. If they succeed, triggering of the inverted “Shark: pattern with target at 88.6% will become more likely. On H1, USD/JPY reached the target of the “Widening wedge”. Pullbacks towards 23.6% and 38.2% of the wave CD of the “Shark” pattern, as well as the break of resistance at 110.9 should be used for opening long positions. More: https://fbs.com/analytics/articles/usd_jpy%3a_bulls_counterattacked_3390

EUR/JPY: EURO WANTS FREEDOM 10:27 31.08.2017 Recommendation: BUY 131.8 SL 131.25 TP1 132.8 TP2 134 On the daily chart, EUR/JPY tried to lead the quotes outside of the 127.50-131.30 consolidation range to trigger AB=CD pattern and continue rally towards 134. Never the less, formation of a doji bar points at uncertainty and the possibility of a pullback. On H1, EUR/JPY formed consolidation range of 131-131.70. The closeness of 113% target of the inverted “Shark” pattern makes bulls careful. Only if the case of its confident test will mean the continuation of the advance. More: https://fbs.com/analytics/articles/eur_jpy%3a_euro_wants_freedom_3389

GBP/USD: LOOKING FOR SSB 09:42 31.08.2017 Technical levels: support – 1.2900; resistance – 1.2970, 1.3020. Trade recommendations: Buy — 1.2920; SL — 1.2900; TP1 — 1.2970; TP2 — 1.3020. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the Bulls are ready to continue local uptrend up to SSB-levels. More: https://fbs.com/analytics/articles/gbp_usd%3a_looking_for_ssb_3387

EUR/USD: CORRECTION TO CLOUD 09:41 31.08.2017 Technical levels: support – 1.1850, 1.1815; resistance – 1.1920, 1.1960. Trade recommendations: Buy — 1.1850; SL — 1.1830; TP1 — 1.1920; TP2 – 1.1960. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are breaking down the support of Kijun-sen and going to Cloud. More: https://fbs.com/analytics/articles/eur_usd%3a_correction_to_cloud_3386

EUR/USD: "THREE METHODS" PATTERN 14:56 30.08.2017 There's a bearish "Harami", which has been confirmed by the last "Three Methods" pattern. So, the market is likely going to continue moving down in the short term. We've got a bullish "Harami" on the lower "Window". If this pattern confirms, we could have a local upward correction in the direction of the nearest resistance level. More: https://fbs.com/analytics/articles/eur_usd%3a_%22three_methods%22_pattern_3368

USD/JPY: BEARISH "HARAMI" 14:52 30.08.2017 The 89 Moving Average has acted as resistance, so we've got a "Shooting Star". If this pattern confirms, there'll be an opportunity to have a local decline. Anyway, bulls are likely going to deliver a new high afterwards. There's a bearish "Harami", which has been confirmed. So, the pair is likely going to reach the 144 Moving Average soon. If any bullish pattern arrives afterwards, we should keep an eye on the upper "Window" as an intraday target More: https://fbs.com/analytics/articles/usd_jpy%3a_bearish_%22harami%22_3366

EUR/USD: PULLBACK FROM 7/8 MM LEVEL 14:02 30.08.2017 There's a pullback from 7/8 MM Level, so wave [v] of 3 may have been formed. In this case, we could have a bearish impulse in wave [a]. The main intraday target is 5/8 MM Level. We've got a downward impulse in wave (i), so bears are likely going to deliver wave (iii) during the day. If a pullback from 2/8 MM Level happens little later on, there'll be an opportunity to have an upward correction. More: https://fbs.com/analytics/articles/eur_usd%3a__pullback_from_7_8_mm_level_3360

GBP/USD: MARKET GOING TO TEST 34 MA 12:30 30.08.2017 All the Moving Averages have been broken, but there's a "V-Top" pattern, so the market is likely going to test the 34 MA. If a pullback from this line happens little later on, bulls will have a green light to catch the next resistance at 1.2959 - 1.2989. Bears faced support at 1.2916, so the price is consolidating. Meanwhile, there's a "Flag", so the price is likely going to reach the 89 Moving Average in the short term. More: https://fbs.com/analytics/articles/gbp_usd%3a__market_going_to_test_34_ma_3358

EUR/USD: "PENNANT" PATTERN 12:28 30.08.2017 There's a "V-Top" pattern, so the price reached the nearest support at 1.1959. However, bears are likely going to test the next support at 1.1909 - 1.1875. If a pullback from this area happens, there'll be an opportunity to have another upward price movement. The 34 Moving Average has acted as support, but we've got a "Pennant" pattern. Therefore, bears are likely going to test the closest support at 1.1909 - 1.1892 soon. If we have a pullback from these levels, bulls will probably try to achieve resistance at 1.1975 - 1.2003. More: https://fbs.com/analytics/articles/eur_usd%3a_%22pennant%22_pattern_3357

GBP/USD: BEARS SET A TRAP 10:18 30.08.2017 Recommendations: SELL 1.296 SL 1.3015 TP1 1.2845 TP2 1.278 SELL 1.3020 SL 1.3075 TP1 1.2915 TP2 1.2845 On the daily chart, bulls are making jumbo efforts to return the pair inside the long-term bullish channel. Never the less, their inability to overcome resistance at 1.2962 (38.2% of the wave CD of the 5-0 pattern) and formation of pin bar points at buyers’ weakness. On H1, the “Shark” pattern is transforming into 5-0. The pullbacks to 38.2%, 50% and 61.8% of the wave CD may be used for opening short positions. More: https://fbs.com/analytics/articles/gbp_usd%3a_bears_set_a_trap_3351

USD/CHF: BULLS CALLED WOLFE FOR HELP 10:10 30.08.2017 Recommendation: BUY 0.9585 SL 0.953 TP1 0.971 TP2 0.974 On the daily chart, USD/CHF formed a double bottom. The bar with the long lower wick strengthens the odds of the “Dragon” pattern. However, at the beginning bulls need to conquer resistance at 0.9650 (23.6% of the last long-term descending wave) and at 0.9765. On H1, USD/CHF reached the targets of the “Widening wedge” pattern. The pair’s currently forming “Wolfe waves” pattern. A break of resistance at 0.9585 will be a signal for opening long positions. More: https://fbs.com/analytics/articles/usd_chf%3a_bulls_called_wolfe_for_help_3350

EUR/USD: BEARISH "ENGULFING" 14:49 29.08.2017 The price is still rising, but we're likely going to have a reversal pattern soon. If so, there'll be an opportunity to have a local downward correction. Nevertheless, bulls are going to deliver a new high afterwards. We've got a bearish "Engulfing", but this pattern hasn't been confirmed yet. So, the pair is likely going to test the nearest support level, which could be a departure point for another upward price movement. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22engulfing%22_3336

USD/JPY: BULLISH "HAMMER" 14:46 29.08.2017 The price reached the lower "Window", so we could have any reversal pattern soon. If so, bulls are likely going to test the 21 Moving Average. However, if a pullback from this line happens, we could have the market even lower. There's a bullish "Hammer", but confirmation of this pattern is quite weak. In this case, the 55 Moving Average is likely going to act as resistance in the coming hours. More: https://fbs.com/analytics/articles/usd_jpy%3a_bullish_%22hammer%22_3335

EUR/USD: DEVELOPING BULLISH IMPULSE 13:35 29.08.2017 The price is still rising, cause there's a triangle in wave [iv], so we've got a developing bullish impulse. The main target for wave [v] of 3 is 8/8 MM Level, which could be a departure point for a bearish correction. As we can see on the one-hour chart, the price is forming an extension in wave (iii) of [v]. 7/8 MM Level is likely going to act as resistance. If so, we could have wave (iv) pretty soon. Nevertheless, bulls are going to deliver wave (v) of [v] afterwards. More: https://fbs.com/analytics/articles/eur_usd%3a_developing_bullish_impulse_3332

GBP/USD: BULLISH "FLAG" 12:28 29.08.2017 All the Moving Averages have been broken, so bulls faced resistance at 1.2958. Nevertheless, the price is likely going to continue rising, so we should keep an eye on the next resistance at 1.2989 - 1.3021 as the next bullish target. The last bullish "Flag" has been broken, so the price is rising. However, bulls faced with resistance at 1.2958, so the market is likely going to test the closest support at 1.2943, which could be a departure point for another bullish rally. More: https://fbs.com/analytics/articles/gbp_usd%3a_bullish_%22flag%22_3325

EUR/USD: BULLS WENT THROUGH RESISTANCE 12:25 29.08.2017 Bulls went through resistance at 1.1975 - 1.2003, but the price faced with another resistance at 1.2042. Anyway, the market is likely going to continue moving up, so we should keep an eye on the next resistance at 1.2080 - 1.2123 as a bullish target. If a pullback from this area happens, there'll be an opportunity to have a bearish correction. There's resistance at 1.2042, so the market is likely going to test the nearest support at 1.2003. Meanwhile, if a pullback from this level happens, bulls will have a green light to catch another resistance at 1.2042 - 1.2080. More: https://fbs.com/analytics/articles/eur_usd%3a_bulls_went_through_resistance_3324

USD/CAD: BEARS WANT MORE 10:50 29.08.2017 Recommendations: SELL 1.2450 SL 1.2505 TP 1.2300 TP2 1.2050 SELL 1.2595 SL 1.2650 TP1 1.2495 TP2 1.2300 On the daily chart, USD/CAD approached multiyear minimum. If it goes below it, AB=CD with 200% target will be triggered. We can’t doubt in the force of the downtrend, so there’s sense to use the pullbacks for selling. On H1, to resume the downtrend bears need to go below 1.2450. A signal for selling will be bulls’ inability to overcome 1.2595. More: https://fbs.com/analytics/articles/usd_cad%3a_bears_want_more_3316

GOLD APPROACHED A MILESTONE 10:38 29.08.2017 Recommendation: BUY 1295.50 SL 1285 TP2 1325 TP2 1380 On the daily chart, XAU/USD reached 78.6% target of the inverted Gartley pattern and 78.6% of the last long-term descending wave. As a result, the risks of a pullback have increased. On the other hand, if the bulls manage to overcome the resistance at $1321-1325 an ounce, increase towards the target at 200% of the AB=CD pattern will likely continue. On H1, there’s a “Spike and reversal with acceleration” pattern. XAU/USD is now at the spike stage. To change the trend, bears need to move the prices below $1285. More: https://fbs.com/analytics/articles/gold_approached_a_milestone_3315

USD/JPY: DOLLAR ON MAIN SUPPORT 08:47 29.08.2017 Technical levels: support – 108.60; resistance – 109.10. Trade recommendations: Sell — 109. 10; SL — 109.30; TP1 — 109.00; TP2 — 108.50. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen and the falling lines; the Bears made a new lows, but the market is on the strong daily’s support. More: https://fbs.com/analytics/articles/usd_jpy%3a_dollar_on_main_support_3313