riki143 Posted July 20, 2017 Share Posted July 20, 2017 GOLD IS IN TROUBLE 10:02 20.07.2017 Recommendation: SELL $1236 SL $1246 TP1 $1224 TP2 $1210 On the daily chart, gold is testing the neckline of the “Head and Shoulders” pattern. The break of the inside bar’s low and the following decline below the diagonal support will mean the return of power to bears. The condition necessary for the resumption of the downtrend is successful test of supports at $1230 and $1220 per ounce. On H1, the pattern “Spike and reversal with acceleration” is in place. The first of the two trend lines was broken. Bears need to pull the price below the support at $1236 to regain power. More: https://fbs.com/analytics/articles/gold_is_in_trouble__2348 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 USD/JPY: BULLS PREPARE FOR AN ATTACK 10:12 20.07.2017 Recommendation: BUY 112.33 SL 111.78 TP1 113.50, TP2 114.50, TP3 117.40 On the daily chart, bears are trying to keep the pair inside the long-term downward channel. Never the less, they will fail if bulls push USD/JPY above the diagonal resistance and settle above 112.10 (38.2% of the descending wave). On H1, the break above the upper border of the descending channel signaled that correction ended. Successful break above resistance at 112.33 will allow the pair to reach new bullish targets. More: https://fbs.com/analytics/articles/usd_jpy%3a_bulls_prepare_for_an_attack_2349 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 EUR/USD: "V-TOP" PATTERN 10:46 20.07.2017 There's a "V-Top" pattern, which pushed the price to support at 1.1494, so we've got a consolidation. However, bears are likely going to test the next support at 1.1464. If a pullback from this level happens, there'll be an opportunity to have another upward price movement in the direction of the nearest resistance at 1.1560 - 1.1582. The 34 Moving Average has acted as support, so the price is consolidating. Meanwhile, the pair is likely going to test the closest resistance at 1.1529 - 1.1547, which could be a departure point for a decline. If so, we should keep an eye on the next support at 1.1494 - 1.1479 as the next bearish target. More: https://fbs.com/analytics/articles/eur_usd%3a_%22v_top%22_pattern_2351 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 GBP/USD: POSSIBLE "PENNANT" PATTERN 10:48 20.07.2017 Bears faced support at 1.3006, so the price is consolidating near this level. Nevertheless, the market is likely going to decline towards the 34 & 55 Moving Averages. If a pullback from these lines happens, there'll be an opportunity to have a new local high. The price is consolidating in a range of a possible "Pennant" pattern. So, bulls are likely going to test the nearest resistance at 1.3057. At the same time, bears will probably try to achieve support at 1.2982 - 1.2926 afterwards. More: https://fbs.com/analytics/articles/gbp_usd%3a_possible_%22pennant%22_pattern_2352 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 EUR/USD: PRICE FIXATED UNDER 5/8 MM LEVEL 12:01 20.07.2017 The price has fixated under 5/8 MM Level, so there's an opportunity to have a bearish impulse in wave . The main intraday target is 3/8 MM Level, which could be a departure point for a local upward correction. We've got a pullback from 7/8 MM Level on the one hour chart, so wave [v] of C may have been formed. The price is declining in wave (iii) of . It seems like bears are ready to test 3/8 MM Level soon More: https://fbs.com/analytics/articles/eur_usd%3a_price_fixated_under_5_8_mm_level_2359 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 EUR/USD: BEARISH "THREE METHODS" PATTERN 13:46 20.07.2017 The last "Shooting Star" pattern has been confirmed, so the pair is likely going to test the 34 Moving Average. If any bullish pattern forms afterwards, there'll be an opportunity to have another upward price movement. We've got a bearish "Three Methods" pattern, so we should keep in mind the 55 Moving Average as an intraday target. However, we could have a local upward correction later on. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22three_methods%22_pattern_2365 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 20, 2017 Share Posted July 20, 2017 USD/JPY: ALL THE LAST CANDLES ARE BULLISH 13:48 20.07.2017 There are bullish patterns such a "Hammer" and a "Harami", which both have been confirmed. The upper "Window" is acting as resistance, which could be a departure point for another downward price movement. We don't have any bearish pattern so far, cause all the last candles are bullish. The main intraday target is the 89 & 144 Moving Averages. If a pullback from these lines happens, bears will have a green light to deliver a correction at least. More: https://fbs.com/analytics/articles/usd_jpy%3a_all_the_last_candles_are_bullish_2366 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 GBP/USD: POUND MAY GO HIGHER 09:32 21.07.2017 Technical levels: support – 1.2980; resistance – 1.3040. Trade recommendations: Buy — 1.3000; SL — 1.2980; TP1 — 1.3040; TP2 — 1.3090. Reason: bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span A. More: https://fbs.com/analytics/articles/gbp_usd%3a_pound_may_go_higher_2383 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 USD/JPY: DOLLAR FELL INTO NEGATIVE ZONE 09:33 21.07.2017 Technical levels: support – 111.70/80; resistance – 112.60, 113.00. Trade recommendations: Buy — 111.90; SL — 111.70; TP1 — 113.00; TP2 — 113.30. Reason: 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 on the strong support of the daily levels. More: https://fbs.com/analytics/articles/usd_jpy%3a_dollar_fell_into_negative_zone_2384 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 USD/CAD: THE FIGHT OF BEARS AND BULLS 09:41 21.07.2017 Recommendation: SELL 1,264 SL 1,2585 TP 1,274. On the daily chart, USD/CAD reached 88.6% target of a “Shark” pattern. As a result, the possibility of corrective movement towards 23.6%, 50% and 61.8% of the wave CD increased. The following recoil from the important resistance levels should be used for entering short positions within the current bearish trend. On H1, bears’ strengths are diminishing. This can be seen from the angle of the downtrend. The break of resistance at 1.2635-1.2640 will allow bulls to start an attack More: https://fbs.com/analytics/articles/usd_cad%3a_the_fight_of_bears_and_bulls_2385 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 AUD/USD IS PLAYING HIDE-AND-SEEK 09:49 21.07.2017 Recommendation: BUY 0.7840, SL 0.7785, TP1 0.7990, TP2 0.8050 BUY 0.7805 SL 0.775 TP1 0.7990 TP2 0.8050 On the daily chart, AUD/USD is undergoing a correction to the uptrend. Bears are trying to return the pair to the inside of the uptrend channel. At the same time, bulls remain in control, so there’s a reason to use the pullbacks to the downside for opening long positions. On H1, AUD/USD broke the lower border of an uptrend and triggered the “Bat” pattern. Its target is at 88.6% of XA wave. It allows determining an important support. More: https://fbs.com/analytics/articles/aud_usd_is_playing_hide_and_seek_2386 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 EUR/USD: "FLAG" PATTERN HAS BEEN BROKEN 10:53 21.07.2017 The last "Flag" pattern has been broken, so bulls faced resistance at 1.1679. Nevertheless, the market is likely going to reach the next resistance at 1.1712 in the coming hours. If a pullback from this level happens, there'll be an opportunity to have a decline towards the nearest support at 1.1615. Bulls went through the upper side of the last "Pennant" pattern. It's likely that we're going to see the price even higher. The main intraday target is the next resistance at 1.1712, which could be a departure point for a downward correction. More: https://fbs.com/analytics/articles/eur_usd%3a_%22flag%22_pattern_has_been_broken_2390 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 GBP/USD: "PENNANT" PUSHED PRICE HIGHER 10:56 21.07.2017 The price faced support at 1.2926, so there's a "Thorn" pattern. In this case, the pair is likely going to reach the nearest resistance at 1.3032 - 1.3047. If a pullback from this area happens, bears will probably try to deliver a downward correction. The last "Pennant" pattern led to another upward price movement. The main intraday target is the closest resistance area at 1.3032 - 1.3047. However, if we see a pullback from these levels, there'll be an option to have a decline in the direction of the nearest support at 1.2952. More: https://fbs.com/analytics/articles/gbp_usd%3a_%22pennant%22_pushed_price_higher_2391 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 EUR/USD: BULLISH "THREE METHODS" 14:44 21.07.2017 There's a bullish "Three Methods", but this pattern hasn't been confirmed yet. Nevertheless, the price is likely going to continue moving up until any bearish pattern arrives. If so, we could have a local downward correction. We've got a bearish "Engulfing", so the market is likely going to test the nearest support level. Anyway, bulls will probably try to deliver a new local high afterwards. More: https://fbs.com/analytics/articles/eur_usd%3a_bullish_%22three_methods%22_2392 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 USD/JPY: "HIGH WAVE" AND "TWEEZERS" 14:48 21.07.2017 The upper "Window" acted as resistance, so there's a bearish "Harami", which has been confirmed. In this case, the pair is likely going to decline in the direction of the closest support. The 34 Moving Average acted as resistance, so there are bearish patterns such a "High Wave" and a "Tweezers". Also, we've got a "Three Methods" pattern. Under this circumstance, the price is likely going to test the lower "Window" soon. More: https://fbs.com/analytics/articles/usd_jpy%3a_%22high_wave%22_and_%22tweezers%22_2393 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 21, 2017 Share Posted July 21, 2017 EUR/USD: PRICE IS FORMING WAVE [V] OF 3 14:51 21.07.2017 The main wave count has been changed. It seems like there's a developing flat pattern in wave . Therefore, we've got an upward impulse in wave ©, which is taking place on the Daily chart. Wave 3 is likely about to end, so we could have Wave 4 of © soon. The price is forming wave [v] of 3. We've got a pullback from 7/8 MM Level, so wave (iii) may have been ended. In this case, we should keep an eye on 6/8 MM Level as the nearest target for wave (iv) of [v]. More: https://fbs.com/analytics/articles/eur_usd%3a_price_is_forming_wave_%5bv%5d_of_3_2394 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 USD/CHF FIBONACCI ANALYSIS: 0.9940 AS A KEY LEVEL FOR BUYERS 00:12 24.07.2017 There is a strong bearish bias in the USD/CHF and it has been forming a channel since mid-July. Now, the target is placed in the Fibonacci expansion levels of 100% and 123.6%, which corresponds to the 0.9941 and 0.9399 levels respectively. Such forecast is strengthened by the RSI indicator that shows oversold conditions. Around that Fibonacci’s area, the pair could start to rebound in three of five waves, towards the 200 SMA at H1 chart around 0.9580. More: https://fbs.com/analytics/articles/usd_chf_fibonacci_analysis%3a_0.9940_as_a_key_level_for_buyers_2403 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 EUR/USD: EURO APPROACHED THE WEDGE 10:38 24.07.2017 Recommendation: BUY 1.1580 SL 1.1525 TP 1.1715, TP2 1.1780 On the daily chart, EUR/USD has come close to the highest level since August 2015 and the interim 127. 2% target of the inverted “Crab” pattern. If the pair returns to 1.1714, it will form the “Widening wedge”. Traders should wait until the wave 4-5 finishes and use the following pullbacks towards 23.6%, 38.2% and 50% for opening long positions. More: https://fbs.com/analytics/articles/eur_usd%3a_euro_approached_the_wedge_2409 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 EUR/JPY: BEARS TRY TO REGAIN POWER 10:48 24.07.2017 Recommendations: BUY 130.50 SL 129.95 TP 131.50 BUY 127 SL 126.45 TP1 128.5 TP2 129.6 TP3 130.50 On the daily chart, bears are trying to counter attack and realize the 1-2-3 pattern. The break of support at 128.50 will increase the risks of correction to the current uptrend. For now, its potential remains limited. The nearest support levels are at 127.75 and 127.00. On H1, EUR/JPY realized “Spike and ledge” and 1-2-3 patterns. A successful test of resistance at 130.50 will create the potential for the uptrend’s resumption. On the contrary, break of support at 128.50 will trigger the “Bat” pattern. More: https://fbs.com/analytics/articles/eur_jpy%3a_bears_try_to_regain_power_2410 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 EUR/USD: BULLS GOING TEST NEXT RESISTANCE 11:19 24.07.2017 The price is consolidating under resistance at 1.1679. However, bulls are likely going to test the next resistance at 1.1712. If we have a pullback from this level, there'll be an opportunity to have a downward correction towards the nearest support at 1.1615. Bulls faced resistance at 1.1679, which pushed the price lower. So, we should keep an eye on the closest support at 1.1654 as an intraday bearish target. Nevertheless, the market is likely going to reach another resistance at 1.1712 afterwards. More: https://fbs.com/analytics/articles/eur_usd%3a_bulls_going_test_next_resistance_2412 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 GBP/USD: BEARISH "THORN" PATTERN 11:21 24.07.2017 There's a consolidation, which is taking place near the 55 Moving Average. The main intraday target is the nearest resistance at 1.3057 - 1.3077. If a pullback from this area happens, there'll be an opportunity to have a decline towards support at 1.3006 - 1.2982. We've got a bearish "Thorn" pattern, so the pair is likely going to test the 89 Moving Average. However, if a pullback from this line happens, bulls will have a green light to achieve the next resistance at 1.3057 - 1.3047. More: https://fbs.com/analytics/articles/gbp_usd%3a_bearish_%22thorn%22_pattern_2413 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 EUR/USD: PULLBACK FROM 7/8 MM LEVEL 11:50 24.07.2017 There's a pullback from 7/8 MM Level, so the price is declining in wave (iv). However, if 6/8 MM Level acts as support afterwards, there'll be an opportunity to have another bullish impulse in wave (v) of [v]. As we can see on the one-hour chart, wave (iv) is probably taking the form of a flat pattern. The main intraday target is 6/8 MM Level. If we see a pullback from this level, bulls are likely going to deliver wave (v). In this case, we should keep in mind 8/8 MM Level as the next target. More: https://fbs.com/analytics/articles/eur_usd%3a_pullback_from_7_8_mm_level_2414 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 EUR/USD: BEARISH "SHOOTING STAR" PATTERN 13:55 24.07.2017 The bullish trend is still on the table, but we've got a bearish "Shooting Star" pattern, which hasn't been confirmed yet. Therefore, the market is likely going to test the nearest support level, which could be a departure point for another upward price movement. There are bullish patterns such an "Engulfing" and a "High Wave", but their confirmation is a quite weak. So, bears are likely going to test the 89 Moving Average. If a pullback from this line happens, there'll be an opportunity to have a bullish correction. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22shooting_star%22_pattern_2420 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 24, 2017 Share Posted July 24, 2017 USD/JPY: "HARAMI" LED TO DECLINE 14:01 24.07.2017 The price has been declining since a "Harami" pattern formed. Also, there isn't any reversal pattern so far, which means bears are likely going to test the next support level in the short term. If any reversal pattern arrives afterwards, bulls will probably try to deliver an upward correction. The last bearish "Shooting Star" pattern led to the current decline. However, we've got a bullish "Doji", but this pattern hasn't been confirmed yet. So, we could have just an upward correction and a decline afterwards. More: https://fbs.com/analytics/articles/usd_jpy%3a__%22harami%22_led_to_decline_2421 Quote Link to comment Share on other sites More sharing options...
riki143 Posted July 25, 2017 Share Posted July 25, 2017 GBP/USD WITH POSSIBLE BULLISH MOMENTUM ABOVE 1.2920 01:04 25.07.2017 GBP/USD is now finding support around a key Fibonacci zone between the 50% and 65% levels. Such area, established in the 1.2967 and 1.2920 levels could bring a fresh momentum for the bulls and if the pair manages to break above 1.3050, it can confirm the bullish scenario and rallies could go as long as 1.3198, at which is located the -23.6% Fibonacci retracement level. RSI indicator still supports the bullish path, as it remains in the positive territory. More: https://fbs.com/analytics/articles/gbp_usd_with_possible_bullish_momentum_above_1.2920_2435 Quote Link to comment Share on other sites More sharing options...
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