Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



FBS.com - Daily/Weekly Analysis / Market News


Recommended Posts

USD/JPY Daily Analytics

12:45 16.11.2017

 

1510836190-8751f539e2b20dee63b4e080f1fe9

 

There's a "Hammer", which has stopped the last bearish rally. Considering yesterday's "Engulfing" pattern, the market is likely going to continue moving up towards the Moving Averages in the short term

 

1510836190-0836cd8e71cd9b2d5547c751e186b

 

The price has reached the 34 Moving Average, but there isn't any reversal pattern for now. So, bulls are likely going to test the upper "Window", which could be a departure point for a short-term decline.

 

More:


Link to comment
Share on other sites

  • Replies 9.6k
  • Created
  • Last Reply

Top Posters In This Topic

EUR/USD Daily Analytics

12:48 16.11.2017

 

1510836190-76c4453b3de7aa8c382cd303460db

 

There're bearish patterns such an "Evening Star" and a "High Wave". So, the price is likely going to test the nearest support. If a pullback from this level happens little later on, we could have another upward price movement.

 

1510836190-3992765d8b38f0f5984eca7f3c811

 

The last "High Wave" pattern led to the current decline, but there isn't any bullish pattern so far. In this case, the 55 Moving Average is likely going to act as support soon. If a pullback from this line happens, there'll be an opportunity to have a bullish price movement.

 

More:


Link to comment
Share on other sites

AUD/USD Daily Analytics

07:34 17.11.2017

Technical levels: support – 0.7480; resistance – 0.7580

 

Trade recommendations:

 

Sell — 0.7560; SL — 0.7580; TP1 — 0.7480; TP2 — 0.7440.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are made a new lows and downtrend will continue.

 

1510904067-42a68b4bfa2f0515dfbaa054e9dba

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

07:35 17.11.2017

Technical levels: support – 112.50; resistance – 112.80.

 

Trade recommendations:

 

Sell — 112.70; SL — 112.90; TP1 — 112.20; TP2 — 112.00.

Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are fixed under the Cloud.

 

1510904067-3dcc4d3b0e9d38341d309e86e7227

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

07:41 17.11.2017

Recommendation:

 

BUY 1.1860

 

SL 1.1805 TP1 1.1960

 

TP2 1.2050

 

On the daily chart, bulls managed to lead the pair outside of the descending trend. If they manage to continue the attack and redraw November high, risks of 88.6% target of an inverted “Shark” pattern will significantly increase. It’s located near 1.2050.

 

1510904337-8afba167b3e7c15d0d5d28d0f3c7b

 

On H1, EUR/USD keeps forming a “Widening wedge”. Pullback towards 23.6% of the wave 4-5 allowed to form longs. A break of resistance at 1.1860 will provide an opportunity to add to bullish positions.

 

More:


Link to comment
Share on other sites

EUR/GBP Daily Analytics

08:07 17.11.2017

Recommendation:

 

BUY 0.8875

 

SL 0.882

 

TP1 0.8975 TP2 91

 

On the daily chart, pin bar stopped the bulls’ attack for some time. Never the less, as long as the quotes are above the upper border of the uptrend, chances for the formation of a “Dragon” pattern are still high. To begin with, buyers should renew high at 0.9020.

 

1510905955-bc1ce4ebdd72b71af2881b8edc2b5

 

On H1, EUR/GBP keeps forming a “Crab”. Pullbacks to 50% of the last bullish wave with the following rebound of the uptrend channel’s lower border will be a signal for opening long positions.

 

1510905975-311438cdc50bb0f634d8ee27e47a0

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

09:25 17.11.2017

 

1510910618-68b27dbec5dad18759faca723fa85

 

Bears faced with support at 1.1767, so there's a bullish "V-Bottom" pattern, which pushed the price to the nearest resistance at 1.1836. The main intraday target is the next resistance at 1.1857, which could be a departure point for a bearish correction.

 

1510910618-8fbac18a55b5e4be68b1a886a19c8

 

The 89 Moving Average has acted as support, so there's a "Triple Bottom" pattern, which led to the current consolidation. In this case, the pair is likely going to reach the closest resistance at 1.1836 - 1.1859 in the short term. If a pullback from this area happens a little later on, we could have a decline towards the nearest support at 1.1787 - 1.1767.

 

More:


Link to comment
Share on other sites

GBP/USDDaily Analytics

09:28 17.11.2017

 

1510910618-f52495cc1e082536841aeba60c2a4

 

There's a bullish "Thorn", which led to forming a new local high. The main intraday target is the next resistance at 1.3278 - 1.3298. Meanwhile, if a pullback from these levels arrives afterwards, bears will probably try to reach another support at 1.3238 - 1.3213.

 

1510910618-2ef482238653d77f99d7c103cee22

 

Bulls have broken the local downtrend line, so the price is rising. It's likely that the pair is going to achieve the next resistance at 1.3278 - 1.3298 during the day. This area could be a departure point for a bearish correction in the direction of the closest support at 1.3238 - 1.3213.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

11:07 17.11.2017

 

1510916634-b26b08ffd96c36d7255be457f268c

 

There's a bullish "Doji", which has been confirmed, so the price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline towards the 89 Moving Average.

 

1510916633-286d3780d277cf770db5b13580c53

 

The upper "Window" has acted as resistance, so we've got a local decline. At the same time, there's a bullish "Doji", which means, the "Window" is likely going to be tested once again during the day.

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

11:10 17.11.2017

 

1510916634-69a8ce5fcf59145ebb250bd8ada0a

 

There's a bullish "Hammer", which has been formed at the last local low. The Moving Averages are acting as resistance. So, we could have just bullish correction and the following decline afterwards.

 

1510916634-3d75fc904add325153f593fb30d28

 

We've got an "Inverted Hammer", but confirmation of this pattern is a quite weak. Therefore, the market is likely going to test the upper "Window" in the short term. If a pullback from this level happens, there'll be an opportunity to have just another decline.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

11:18 17.11.2017

 

1510917430-80971c87cbd47ed92d76cbb51c2e7

 

There's a developing bullish impulse, which could be wave . Also, we've got a pullback from 5/8 MM Level, so there's an opportunity to have wave (v) of . The main intraday target is 7/8 MM Level, which could be a departure point for wave [ii].

 

1510917430-0a8508b0ce9b94dd91b68095ca07d

 

The 34 Moving Average has acted as support once again, so wave (iv) might have been formed. In this case, bulls are likely going to deliver wave (v) of in the coming hours. In this case, the high of wave (iii) will be broken pretty soon.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

05:26 20.11.2017

 

1511155503-febc6acf7a838f325fd06b76d25b1

 

There's a pullback from 6/8 MM Level, so wave might have been formed. In this case, we could have wave [ii] soon. If a pullback from 4/8 MM Level happens little later on, there'll be a green light for wave [iii].

 

1511155503-6fc9aef8a972244f8d049b07fc47c

 

Wave [ii] is likely going to take the form of a zigzag. If the market fixates above 4/8 MM Level during the day, bulls are likely going to deliver wave (i) of [iii].

 

More:


Link to comment
Share on other sites

NZD/USD Daily Analytics

07:46 20.11.2017

Recommendation:

 

SELL 0.6870

 

SL 0.6925

 

TP1 0.677 TP2 0.6625

 

On the daily chart, the inability of bulls to settle above 0.6907 and 0.6823 points at their weakness. The downtrend towards targets at 127.2% and 161.8% of the “Crab” pattern continues. A condition necessary for its break is the pair’s return to resistance at 0.6980.

 

1511163873-fb9be1d9d65d6402746f6573306cf

 

On H1, NZD/USD triggering of the “Bat” pattern with the following test of resistance at 0.6825 will increase the risks of a move to 88.6%. At that level, it will be sensible to sell the pound.

 

1511163893-3696dc2326705fd45dfa7b732beb8

 

More:


Link to comment
Share on other sites

AUD/USD Daily Analytics

08:13 20.11.2017

Recommendation:

 

BUY 0.7495

 

SL 0.7440

 

TP1 0.7606 TP2 0.765

 

On the daily chart, AUD/USD after reaching 88.6% target of the “Shark” and a pullback to 23.6% of the wave CD, there was a resumption of a downtrend. The Australian dollar is heading to convergence area at $0.7495-0.7500 (113target of the “Shark” + 78.6% correction level), at which there are odds of a rebound.  

 

1511165544-1db64c049cc9775b27418fd0e6b08

 

On H1, an advance to 224% target of AB=CD creates an opportunity for aggressive longs. Conservative entry requires confirmation.

 

1511165556-ef00342837a633bda01cab6a3fe3e

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

04:40 21.11.2017

 

1511238853-077c3b63ff6bb5a63120ec6a80df3

 

There's a pullback from 6/8 MM Level, so wave might have been formed. Therefore, the price is declining in wave [ii]. The main intraday target is 3/8 MM Level, which could be a departure point for wave [iii].

 

1511238853-a5c8a6d84ffc80ebd7e2e05bf4e66

 

As we can see on the one-hour chart, wave [ii] is taking the form of a zigzag, so wave © is likely going to move on towards 3/8 MM Level. In this case, we could have a new local low during the day.

 

More:


Link to comment
Share on other sites

AUD/USD Daily Analytics

08:41 21.11.2017

Technical levels: support – 0.7480; resistance – 0.7560

 

Trade recommendations:

 

Sell — 0.7540; SL — 0.7560; TP1 — 0.7500; TP2 — 0.7480.

Buy — 0.7480; SL — 0.7460; TP1 — 0.7530; TP2 — 0.7550.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are made a new lows, but there is a strong support on 0.7480.

 

1511253705-42a68b4bfa2f0515dfbaa054e9dba

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

08:42 21.11.2017

Technical levels: support – 112.00; resistance – 112.60.

 

Trade recommendations:

 

Sell — 112.50; SL — 112.70; TP1 — 112.00; TP2 — 111.50.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market corrected to Kijun-sen and ready to continue existing downtrend.

 

1511253705-3dcc4d3b0e9d38341d309e86e7227

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

00:10 22.11.2017

 

1511309303-d7de3d93570e1056bd89773cb718c

 

There's a "Double Top" pattern, which has been confirmed, so the price is consolidating. The main intraday target is the 55 Moving Average. If a pullback from this line happens little later on, bulls will probably try to reach another resistance at 1.1743 - 1.1767.

 

1511309318-42603d3e81aab657bef28b7e0fc70

 

The price is consolidating between the Moving Averages, so there's a confirmed "Double Bottom" pattern. In this case, the market is likely going to reach the nearest resistance at 1.1767. This level could be a departure point for a decline towards the next support at 1.1712 - 1.1689.

 

More:


Link to comment
Share on other sites

GBP/USD DAily Analytics

00:13 22.11.2017

 

1511309319-56fe7f2fb47064297f4c235bae997

 

There's a consolidation, which is taking place between the levels 1.3278 - 1.3213. Also, we've got a bearish "Double Top", so the pair is likely going to test the closest support at 1.3201 - 1.3182 in the short term. If we have a pullback from these levels, there'll be an opportunity to have another upward price movement towards the next resistance at 1.3278 - 1.3298.

 

1511309319-9fe6a6a25bd1dfc8e412ff888d4c5

 

The price is consolidating between the levels 1.3278 - 1.3213. The 34 Moving Average has acted as support, so the market is likely going to test the nearest resistance at 1.3246 - 1.3266. Meanwhile, if we see a pullback from this area, bears will probably try to test the closest support at 1.3186 - 1.3179.

 

More:


Link to comment
Share on other sites

[/b]EUR/USD Daily Analytics[/b]

01:48 22.11.2017

 

1511315232-4448dd85c18172069961be9ffa7bd

 

The 34 & 55 Moving Averages are acting as support, but there isn't any reversal pattern so far. In this case, the price is likely going to test the nearest support area once again. If a bullish pattern forms little later on, there'll be an opportunity to have an upward correction.

 

1511315232-a1579a45c0d4f621fbd09140898ec

 

The price is consolidating between the Moving Averages. At the same time, there's a bearish "High Wave" pattern, so the price is likely going to break the last low in the coming hours.

 

More:


Link to comment
Share on other sites

USD/JPY Daily analytics

01:51 22.11.2017

 

1511315232-a2e5ac30d591223c66c19453027d8

 

The upper "Window" is acting as resistance, but there's a bullish "High Wave" pattern. In this case, the market is likely going to test the 55 Moving Average, which could be a departure point for another decline.

 

1511315232-5e62d18216c04358fbc5da4968a1e

 

There's a bullish "Engulfing", which has been formed at the last local low, but confirmation of this pattern isn't enough. The main intraday target is the 144 Moving Average, which could act as resistance soon.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

06:42 22.11.2017

 

1511332877-1acecde01c1e07248bb67ce100ba5

 

Wave [ii] is still underway, so we should keep an eye on 3/8 MM level as the next bearish target. If a pullback from this level happens little later on, there'll be an opportunity to have an impulse in wave [iii].

 

1511332878-82c174b687644d9462a161c69dce2

 

There's a possible leading diagonal in wave (a). In this case, we could have wave (B) during the day. Nevertheless, bears are likely going to deliver wave © of [ii] afterwards.

 

More:


Link to comment
Share on other sites

USD/CHF Daily Analytics

07:08 22.11.2017

Recommendations:

 

BUY 0.9945

 

SL 0.989

 

TP1 1.0005 TP2 1.0045 TP3 1.0145

 

On the daily chart, USD/CHF came to the lowest border of the uptrend trade channel and important support in the 0.9882-0.9891 area. If bulls manage to push the pair above these levels, risks of the uptrend’s resumption towards 161.8% of AB=CD will increase.

 

1511334375-a5903a7f3cf43bc4f33886526fd84

 

On H1, USD/CHF is retesting the neckline of “Head and Shoulders”. The pullback with the following successful test of resistance at 0.9940-0.9945 will trigger a “Crab” pattern with the target at 161.8%.

 

1511334404-351a015a31e5fdb2fee97b43bc66a

 

More:


Link to comment
Share on other sites

GBP/USD Daily Analytics

07:24 22.11.2017

Recommendation:

 

BUY 1.3295

 

SL 1.3240

 

TP1 1.3415 TP2 1.352 TP3 1.3585

 

On The daily chart, GBP/USD approached the upper border of the 1.3045-1.3320 range, formed within “Spike and ledge” pattern. A successful test of resistance at 1.3320 will increase the risks of growth towards 1.3520 and 1.3585 with the following resumption of an uptrend.

 

1511335373-b6b56ed02b1869ac79ae2067aff9c

 

On H1, GBP/USD reached the targets of the junior “Widening wedge”. A pullback to 38.2% of the wave 4-5 with the following return to 23.6% is usually used for buying. The test of resistance at 1.3295 will allow increasing longs. 

 

1511335392-2cf183d9aa99dd882e50bd88c66a5

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

07:39 22.11.2017

Technical levels: support – 1.1710; resistance – 1.1760.

 

Trade recommendations:

 

Buy — 1.1770; SL — 1.1750; TP1 — 1.1850; TP2 – 1.1880

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and returned to upper border of the Cloud.

 

1511336372-5974574d0f06c411e972e24d898d2

 

More:


Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...