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EUR/USD: "V-TOP" PATTERN 11:11 19.07.2017 Bulls faced resistance at 1.1560, so we've got a "V-Top" pattern, which led to the current decline. Therefore, the market is likely going to decline towards the nearest support at 1.1494. If a pullback from this level happens, we could have another upward price movement in the direction of the next resistance at 1.1582. We've got a "V-Top" pattern, so the pair found support at 1.1529. In this case, the pair is likely going to reach the closest resistance at 1.1560. However, if we see a pullback from this level, bears will have a green light to achieve the 34 Moving Average. More: https://fbs.com/analytics/articles/eur_usd%3a_%22v_top%22_pattern_2319

USD/JPY: DOLLAR TESTED SSB’S SUPPORT 10:24 19.07.2017 Technical levels: support – 111.70/80; resistance – 112.60, 113.00. Trade recommendations: Buy — 112.10; SL — 111.90; TP1 — 113.00; TP2 — 113.30. Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction, tested the strong support of Senkou Span B. More: https://fbs.com/analytics/articles/usd_jpy%3a_dollar_tested_ssb%E2%80%99s_support_2317

GBP/USD: POUND SUPPORTED BY KIJUN-SEN 10:23 19.07.2017 Technical levels: support – 1.3030; resistance – 1.3090, 1.3150. Trade recommendations: Buy — 1.3030/40; SL — 1.3010; TP1 — 1.3090; TP2 — 1.3150. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are in the channel of Tenkan-Kijun and supported by Kijun-sen. More: https://fbs.com/analytics/articles/gbp_usd%3a_pound_supported_by_kijun_sen_2315

NZD/USD: BULLS SHOWED STRENGTH 10:20 19.07.2017 Recommendations: BUY 0.7370, SL 0.7315, TP1 0.7450, TP2 0.7470 BUY 0.7290, SL 0.7235, TP 0.7450 On the daily chart, inability of bears to lead NZD/USD outside of the bullish trend channel points at their weakness. The condition required for continuation of the rally to 0.7450 (113% target of the “Shark” pattern) is the settlement of the New Zealand’s dollar above support at 0.7345 with the following increase to July high. On H1, NZD/USD managed to return to the uptrend. As long as the pair is trading above 0.7210, the outlook will remain bullish. More: https://fbs.com/analytics/articles/nzd_usd%3a_bulls_showed_strength_2314

GBP/USD REMEMBERED THE TRIANGLE 10:06 19.07.2017 Recommendation: SELL 1.3000, SL 1.3055, TP 1.2900 BUY 1.3125 SL 1.3070 TP1 1.3300 TP2 1.3500 On the daily chart, bears are trying to return GBP/USD inside the rising triangle. If they succeed, the possibility of the medium-term consolidation in the 1.2600-1.3000 will increase. On the contrary, rebound from the current support will increase the risks of continuation to the upside, towards 200% target of AB=CD. On H1, decline below 1.3000 will create the basis for correction to 1.2920 and 1.2900. For the uptrend to resume, the pair has to rise to July high More: https://fbs.com/analytics/articles/gbp_usd_remembered_the_triangle_2312

USD/JPY: "WINDOW" ACTED AS RESISTANCE 15:09 18.07.2017 Bears have broken the "Window", so the price is declining. The 144 Moving Average is acting as support. There isn't any reversal pattern so far. Therefore, the market is likely going to continue falling down in the short term. The broken "Window" acted as resistance, so there's a "Shooting Star" pattern, which has been confirmed. In this case, the pair is likely going to reach the nearest support area. If any bullish pattern arrives afterwards, there'll be an opportunity to have an upward correction More: https://fbs.com/analytics/articles/usd_jpy%3a_%22window%22_acted_as_resistance_2298

EUR/USD: BULLISH "THREE METHODS" PATTERN 15:07 18.07.2017 There's a bullish "Engulfing" pattern, which has been confirmed, so the price reached the nearest resistance level. However, we don't have any reversal pattern so far, which means bulls are likely going to continue pushing the price higher. We've got a bullish "Three Methods" pattern, so the price is rising. At the same time, there's an opportunity to have a local decline towards the nearest support. If we see a pullback from this level, bulls will be free to move on. More: https://fbs.com/analytics/articles/eur_usd%3a_bullish_%22three_methods%22_pattern_2297

AUD/USD: AUSSIE GOING HIGHER 14:26 18.07.2017 Technical levels: support – 0.7820, 0.7850; resistance – 0.7990. Trade recommendations: Sell — 0.7990; SL — 0.7810; TP1 — 0.7910; TP2 — 0.7850. Reason: bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance. More: https://fbs.com/analytics/articles/aud_usd%3a_aussie_going_higher_2296

GBP/USD: POUND DECIDED TO CORRECT 14:25 18.07.2017 Technical levels: support – 1.2980; resistance – 1.3090. Trade recommendations: Buy — 1.2980; SL — 1.2960; TP1 — 1.3090; TP2 — 1.3150. Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices made a new local highs and corrected to Kijun-sen. More: https://fbs.com/analytics/articles/gbp_usd%3a_pound_decided_to_correct_2295

EUR/USD: PULLBACK FROM 6/8 MM LEVEL 12:10 18.07.2017 It's likely that the current ending diagonal pattern has been formed. Therefore, if the price fixates under 5/8 MM Level, bears are going to deliver an impulse in wave (i). The main intraday target is 3/8 MM Level There's a pullback from 6/8 MM Level. So, if the pair comes back to the upper side of the diagonal, there'll be an opportunity to have wave i of (i). In this case, we should keep in mind 4/8 MM Level as the nearest bearish target. More: https://fbs.com/analytics/articles/eur_usd%3a_pullback_from_6_8_mm_level_2287

CITI: TRADE IDEA FOR GBP/JPY 11:17 18.07.2017 Analysts at Citi recommend buying GBP/JPY at 147.41 with Take Profit at 150.00 with Stop Loss at 145.67. More: [OURL=https://fbs.com/analytics/articles/citi%3a_trade_idea_for_gbp_jpy_2272]https://fbs.com/analytics/articles/citi%3a_trade_idea_for_gbp_jpy_2272[/url]

GBP/USD: LOCAL "V-BOTTOM" PATTERN 10:56 18.07.2017 The price faced support at 1.3057, so there's a local "V-Bottom" pattern, which pushed the pair higher. So, the market is likely going to test the next resistance at 1.3137 - 1.3184 soon. At the same time, if a pullback from this area happens, there'll be an option to have a decline in the direction of the nearest support at 1.3047 - 1.3032. There's a consolidation, which is taking place near resistance at 1.3116. In this case, bulls are likely going to deliver a new local high, so we should keep an eye on the closest resistance at 1.3137 as an intraday target. Considering a possible pullback from this level, we could have a bearish correction afterwards. More: https://fbs.com/analytics/articles/gbp_usd%3a_local_%22v_bottom%22_pattern_2270

EUR/USD: LOCAL CORRECTION COMING SOON 10:50 18.07.2017 Bulls faced resistance at 1.1529, so the market is likely going to test the nearest support at 1.1494 in the short term. If a pullback from this area happens, there'll be an opportunity to have another upward price movement towards the next resistance at 1.1529 - 1.1560. The price is consolidating along resistance at 1.1529. If any bearish pattern forms in the coming hours, the pair is likely going to reach the closest support at 1.1494. However, if we see a pullback from this level, bulls will have a green light to achieve another resistance at 1.1529 - 1.1560. More: https://fbs.com/analytics/articles/eur_usd%3a_local_correction_coming_soon_2269

USD/CHF: FRANC IS FALLING DOWN 10:03 18.07.2017 Recommendation: SELL 0.9600 SL 0.9655 TP1 0.9500 TP2 0.9390 On the daily chart, bears are trying to resume the downtrend. If they manage to get below June low, the possibility of the decline to 127.2% and 224% targets of “Crab” and AB=CD patterns will significantly increase. https://fbs.com/img/articles/2266/1500361251-aeb1743ff7150c0c8f644c6feca11e8f_1200x1200_q90.png[/RIMG] On H1, USD/CHF formed “Three Indians” pattern. Bears are currently trying to pull the pair outside of 0.9600-0.9690 consolidation range within “Spike and ledge” pattern. Success in this will slow seller to continue the decline. More: https://fbs.com/analytics/articles/usd_chf%3a_franc_is_falling_down_2266

EUR/USD: OUTLOOK IS BULLISH 09:47 18.07.2017 Recommendation: BUY 1.1480 SL 1.1425 TP1 1.1600 TP2 1.1800. On the daily chart, bulls managed to break above resistance at 1.1472-1.1480. This put the longer-term bearish trend to an end. Resistance became support, “Bat” pattern turned into “Crab” with interim target of 127.2% at 1.1800. On H1, EUR/USD is trading within the bullish channel. Bulls are in control. Buy on any pullbacks to the downside. More: https://fbs.com/analytics/articles/eur_usd%3a_outlook_is_bullish_2265

GBP/USD: 55 MA ACTING AS RESISTANCE 14:35 17.07.2017 The price is consolidating along the "Window". The 55 Moving Average is acting as resistance. In this case, the pair is likely going to achieve the 144 MA in the short term. There's a bearish "High Wave", which has been confirmed enough. So, the market is likely going to test the lower "Window". If any bullish pattern arrives afterwards, we could have an upward price movement towards the Moving Averages. More: https://fbs.com/analytics/articles/gbp_usd%3a_55_ma_acting_as_resistance_2253

EUR/USD: BULLISH "TWEEZERS" PATTERN 14:31 17.07.2017 The last bullish "Tweezers" pattern has been confirmed. However, there's a bearish "Dark Cloud", so we could have a local downward correction. Anyway, the market is likely going to continue falling down afterwards until any reversal pattern forms. The 34 Moving Average has acted as support, so there's a bullish "Harami", which has been confirmed. Therefore, we're likely going to have a new local high during the day. More: https://fbs.com/analytics/articles/eur_usd%3a_bullish_%22tweezers%22_pattern_2252

EUR/USD: ENDING DIAGONAL PATTERN 12:55 17.07.2017 It seems like wave (E) of is about to end, which means a bullish impulse in wave C of (E) is going to finish soon. If we have a pullback from 7/8 MM Level, there'll be an opportunity to have a downward price movement towards 6/8 MM Level. There's a possible ending diagonal pattern in wave [v] of C. Wave (v) of [v] is likely going to be continued, so we could have a new local high in the short term. As we can see on the one-hour chart, wave (v) of [v] is taking the form of a zigzag. So, we're likely going to have another bullish impulse in wave c of (v). The main intraday target is +1/8 MM Level. More: https://fbs.com/analytics/articles/eur_usd%3a_ending_diagonal_pattern_2251

USD/CAD: SHARK PATTERN 11:29 17.07.2017 On the daily chart, USD/CAD has caught up with the convergence area of 1.2690-1.2620. Here we find the target of the “Shark” pattern. If bulls manage to protect these levels, the possibility of consolidation in the 1.2590-1.2780 area will increase. On the other hand, the quick break will allow bears to go down, towards 1.245-1.2460. On H1, large players formed two areas of shorts accumulation: 1.2720-1.2765 and 1.2865-1.3010. Without successful tests of these levels the development of the correction is not possible. More: https://fbs.com/analytics/articles/usd_cad%3a_shark_pattern__2250

GBP/USD: BEARS GOING TO ACHIEVE CLOSEST SUPPORT 11:13 17.07.2017 The price found resistance at 1.3119, so we've got a "V-Top" pattern, which set up a bearish correction. The main intraday target is the nearest support at 1.3057 - 1.2032. However, if we see a pullback from this area, we should keep in mind the next resistance at 1.3184 as a bullish goal. We've got a "Double Top" pattern, which has been confirmed. So, bears are likely going to achieve the closest support at 1.3057 - 1.3032 during the day. At the same time, if a pullback from these levels happens, there'll be an option to have a bullish price movement towards resistance at 1.3119 More: https://fbs.com/analytics/articles/gbp_usd%3a_bears_going_to_achieve_closest_support_2249

EUR/USD: "DOUBLE TOP" PATTERN 11:10 17.07.2017 Bulls faced resistance at 1.1464, so we've got a bearish "V-Top" pattern, which pushed the price to support at 1.1425. However, bears are likely going to test the next support at 1.1398 in the short term. If a pullback from this level happens, there'll be an opportunity to have an upward price movement towards the nearest resistance at 1.1494 - 1.1529. There's a "Double Top" pattern, which has been confirmed. The price is testing support at 1.1444, so we could have another decline in the direction of the 89 Moving Average. Meanwhile, if a pullback from this line happens, bulls will have a green light to reach the next resistance at 1.1488 - 1.1494. More: [url:https://fbs.com/analytics/articles/eur_usd%3a_%22double_top%22_pattern_2248]https://fbs.com/analytics/articles/eur_usd%3a_%22double_top%22_pattern_2248[/url]

AUD/USD: BULLS GOT COMFORTABLE 10:48 17.07.2017 Recommendation: BUY 0.7715 SL 0.7660 TP1 0.7850 TP2 0.8025. On the daily chart, AUD/USD keeps moving up to 161.8% target of the inverted “Crab” pattern. The nearest support levels are close to 0.7750 (historical level) and 0.7715 (previous high). As long as the pair is trading above the convergence area of 0.7715-0.7750, bulls will remain in control. On H1, there are “Three Indians” and “Spike and ledge” patterns. The decline below the line of “Three Indians” will increase the risks of correction towards 0.7715/0.7725. More: https://fbs.com/analytics/articles/aud_usd%3a_bulls_got_comfortable_2246

USD/JPY: DOLLAR ENTERED INTO CLOUDY AREA 10:08 17.07.2017 Technical levels: support – 112.10; resistance – 113.30. Trade recommendations: Buy — 112.10; SL — 111.90; TP1 — 113.00; TP2 — 113.30. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction to Senkou Span B – waiting for bouncing. More: https://fbs.com/analytics/articles/usd_jpy%3a_dollar_entered_into_cloudy_area_2243

EUR/USD: EURO SUPPORTED BY CLOUD 10:06 17.07.2017 Technical levels: support – 1.1430; resistance – 1.1515. Trade recommendations: Buy — 1.1430; SL — 1.1410; TP1 — 1.1490; TP2 – 1.1515. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the prices are supported by Cloud and bounced to positive area. More: https://fbs.com/analytics/articles/eur_usd%3a_euro_supported_by_cloud_2242]https://fbs.com/analytics/articles/eur_usd%3a_euro_supported_by_cloud_2242

AUD/NZD: PULL BACKS COULD COME SOON 06:02 17.07.2017 AUD/NZD has been following a cycle started from the end of June and it’s currently in an extreme zone for bulls, as the price action had reached the area between 1.0619 and 1.0688, which are the Fibonacci expansion zone of 123.6% and 161.8%. Such territory can provide another selling wave for the pair and if that happens, we can expect a decline towards 61.8% at 1.0507. To invalidate that scenario, the pair should break above 1.0688 in order to test the 1.0700 psychological level. RSI indicator at H4 chart is currently overbought. More: https://fbs.com/analytics/articles/aud_nzd%3a_pull_backs_could_come_soon_2239