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GBP/USD Daily Analytics

08:20 28.11.2017

Technical levels: support – 1.3320; resistance – 1.3400.

 

Trade recommendations:

 

Buy — 1.3340; SL — 1.3320; TP1 — 1.3400; TP2 — 1.3480.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the market corrected into the channel of Tenkan-Kijun and will supported by Kijun-sen.

 

1511857211-5838ef800660551113de2aff99712

 

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AUD/USD Daily Analytics

08:22 28.11.2017

Technical levels: support – 0.7600; resistance – 0.7630

 

Trade recommendations:

 

Sell — 0.7590; SL — 0.7610; TP1 — 0.7530; TP2 — 0.7500.

Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices tested the Cloud’s upper border and can’t breakout it to positive area.

 

1511857211-42a68b4bfa2f0515dfbaa054e9dba

 

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XAU/USD Daily Analytics

08:55 28.11.2017

Recommendation:

 

BUY $1305

 

SL $1290

 

TP1 $1322 TP2 $1350

 

On the daily chart, XAU/USD bulls managed to lead the pair out of the upper border of the consolidation range between $1266 and $1288 an ounce. In order to count for the uptrend’s resumption, buyers need a successful test of $1300-1302. 

 

1511859136-20c6ebb86722ac92f8a505b7903a9

 

On H1, the exit out of the 1266-1305 consolidation range will likely lead either to the formation of the “Bat” pattern with a target at 88.6% or the resumption in the medium-term downtrend.

 

1511859157-e12a637cc937326a9c7981d6dfc46

 

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USD/CAD Daily Analytics

09:12 28.11.2017

Recommendation:

 

BUY 1.283 SL 1.2775 TP 1.293

 

SELL 1.2675 SL 1.273 TP 1.2575

 

On the daily chart, USD/CAD formed a triangle. A break of its lower border will trigger the “Bat” pattern with the target at 88.6%. On the other hand, if the pair gets above the upper border, bulls will regain hope for getting to 88.6% target of the “Shark” pattern.

 

1511860282-1430b06b52ccdf0a9e951da313446

 

On H1, USD/CAD keeps forming the “Spike and ledge”. A successful test of the lower border of 1.2675-1.2830 range will increase the risks of reaching 161.8% target of AB=CD. A break of resistance at 1.2830 will encourage the uptrend’s resumption.

 

1511860297-5c726ce87bf89e31cdcfbd4c37b26

 

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USD/CHF Daily Analytics

07:28 29.11.2017

Recommendation:

 

BUY 0.9890

 

SL 0.9835

 

TP1 0.9990 TP2 1.0145 TP3 1.0300

 

On the daily chart, USD/CHF bulls managed to hold an important support at 0.9775-0.9800. To resume the uptrend, buyers need a successful test of resistance at 0.9880-0.9890 and at 0.9940. In this case, the odds of the pair’s going to 200% target of AB=CD will increase.

 

1511940452-a5903a7f3cf43bc4f33886526fd84

 

On H1, a break of the upper border of the uptrend channel and resistance at 0.9880 (earlier it acted as support) will create grounds for a “Shark” pattern with the target at 88.6%.

 

1511940472-351a015a31e5fdb2fee97b43bc66a

 

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GBP/USD Daily Analytics

07:40 29.11.2017

Recommendation:

 

BUY 1.3390

 

SL 1.3335

 

TP1 1.349 TP2 1.352 TP3 1.3585

 

On the daily chart, GBP/USD bulls managed to settle above the upper border of the 1.3045-1.3320 consolidation range within “Spike and ledge” pattern. If the pair renews November high, the odds of the rally’s continuation will increase.

 

1511941165-b6b56ed02b1869ac79ae2067aff9c

 

On H1, after GBP/USD reached targets of “Three Indians”, 1-2-3 and “Shark”, there’s a transformation of the latter to 5-0. The pound’s advance above 78.6% and 88.6% of the wave CD means that bulls are in control of the situation.

 

1511941180-2cf183d9aa99dd882e50bd88c66a5

 

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EUR/USD Daily Analytics

07:54 29.11.2017

Technical levels: support – 1.1830; resistance – 1.1960.

 

Trade recommendations:

 

Buy — 1.1850/60; SL — 1.1830; TP1 — 1.1900; TP2 – 1.1960

Reason: bullish Ichimoku Cloud, but with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices in a correctional movement, but will return to Tenkan and Kijun soon.

 

1511942033-5974574d0f06c411e972e24d898d2

 

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AUD/USD Daily Analytics

07:55 29.11.2017

Technical levels: support – 0.7580; resistance – 0.7630

 

Trade recommendations:

 

Sell — 0.7580; SL — 0.7600; TP1 — 0.7530; TP2 — 0.7500.

Buy — 0.7600; SL — 0.7590; TP1 — 0.7660; TP2 — 0.7690.

Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices returned to the SSA’a support.

 

1511942033-42a68b4bfa2f0515dfbaa054e9dba

 

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EUR/JPY Daily Analytics

07:22 30.11.2017

Recommendation:

 

BUY 133.60

 

SL 133.05

 

TP1 134.60 TP2 136.00 TP3 137.70

 

On the daily chart, EUR/JPY is forming a “Spike and ledge”. A break of the upper border of the 131.5-133.95 range will create grounds for the pair going to 200% target of AB=CD. On the other hand, successful test of support at 131.50 will trigger the “Bat” pattern. Its 88.6% target corresponds to 128.30.

 

1512026451-8afba167b3e7c15d0d5d28d0f3c7b

 

On H1, EUR/JPY formed a “Widening wedge” pattern. To resume the uptrend, there’s a need for a successful test of resistance at 133.6.

 

1512026467-144c086f9efd0dd7367f2818eb875

 

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USD/JPY Daily Analytics

07:33 30.11.2017

Recommendation:

 

BUY 112.35

 

SL 111.75

 

TP1 113 TP2 113.25

 

TP3 113.9

 

On the daily chart, USD/JPY bulls managed to lead the pair outside of the long-term downtrend channel and settle above resistance at 111.65. A successful test of resistance at 113 will return buyers the hope for going to 113% target of the senior “Shark” pattern.

 

1512027119-3297c54597baddc0779dab87f7356

 

On H1, there’s a great possibility of a volatile trading. After a break of the upper border of the downtrend channel and reaching 113% target of the junior “Shark” pattern, there may be a pullback and a retest of the diagonal support.

 

1512027135-1f50b4d918123f905c31c70a9dfda

 

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GBP/USD Daily Analytics

08:53 30.11.2017

Technical levels: support – 1.3380; resistance – 1.3500.

 

Trade recommendations:

 

Sell — 1.3500; SL — 1.3520; TP1 — 1.3430; TP2 — 1.3380.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; the rising lines Tenkan-sen and Kijun-sen; the prices made new highs but there is strong daily resistance on 1.3500 – expecting the correctional movement.

 

1512031976-5838ef800660551113de2aff99712

 

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USD/JPY Daily Analytics

08:54 30.11.2017

Technical levels: support – 111.90; resistance – 112.60.

 

Trade recommendations:

 

Sell — 112.60; SL — 112.80; TP1 — 111.90; TP2 — 111.50.

Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen and Kijun-sen; the prices entered into the cloudy area.

 

1512031976-3dcc4d3b0e9d38341d309e86e7227

 

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EUR/USD Daily Analytics[/b]

15:20 30.11.2017

 

1512055087-db1ef97176742dc40a4ff6b4015de

 

There's a "Hammer", which has been formed on the 34 Moving Average. Confirmation of this pattern hasn't been formed yet, so the market is likely going to test the upper "Window", which could act as resistance.

 

1512055087-5781625340bfcd135257c78ae10ce

 

The 144 Moving Average has acted as support, so there's a "Hammer", which has been confirmed. Therefore, the market is likely going to continue moving up towards the nearest "Window".

 

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USD/JPY Daily Analytics

15:22 30.11.2017

 

1512055135-a20d33a93f24eb4624aa6811abf7a

 

The upper "Window" has acted as resistance, so there's a bearish "Shooting Star". In this case, we're likely going to have a downward correction towards the closest support level.

 

1512055088-dd55ed5b9bc1ea7bdf46befe68fc6

 

There're bearish patterns such a "Shooting Star" and a "Harami", which both have been confirmed. So, the pair is likely going to test the Moving Averages, which could be a departure point for a local upward price movement.

 

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EUR/USD Daily Analytics

08:05 01.12.2017

Recommendation:

 

BUY 1.1860

 

SL 1.1805

 

TP1 1.1975 TP2 1.2045

 

On the daily chart, EUR/USD keeps forming the inverted “Shark” pattern with a target of 88.6%. Bulls managed to settle above 1.1820 and 1.1885 and aim to continue way up to resume the long-term uptrend.

 

1512115418-8afba167b3e7c15d0d5d28d0f3c7b

 

On H1, after reaching targets of the “Widening wedge” and “Three touches” bulls managed to return the initiative to their hands. They are pushing the pair up towards 88.6% and 224% of the “Shark” and AB=CD.

 

1512115439-1f50b4d918123f905c31c70a9dfda

 

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EUR/USD Daily Analytics

08:34 01.12.2017

Technical levels: support – 1.1890; resistance – 1.1960.

 

Trade recommendations:

 

Buy — 1.1890; SL — 1.1870; TP1 — 1.1960; TP2 – 1.2000.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are returned to the positive area and may continue uptrend.

 

1512117234-5974574d0f06c411e972e24d898d2

 

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AUD/USD Daily Analytics

08:35 01.12.2017

Technical levels: support – 0.7550; resistance – 0.7590

 

Trade recommendations:

 

Buy — 0.7580; SL — 0.7560; TP1 — 0.7630; TP2 — 0.7690.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; but the prices returned into the channel of Tenkan-Kijun.

 

1512117234-42a68b4bfa2f0515dfbaa054e9dba

 

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EUR/GBP Daily Analytics

08:36 01.12.2017

Recommendation:

 

BUY 0.8825

 

SL 0.8770

 

TP1 0.8885 TP2 0.8950

 

On the daily chart, EUR/GBP is fighting for 0.8805 (50% of the long-term bullish wave). Bears are trying to bring the pair inside the downtrend channel. If they succeed, the risks of correction to the long-term trend increase. On the other hand, return of the pair above 0.8805 will return the initiative to the bulls.

 

1512117287-bc1ce4ebdd72b71af2881b8edc2b5

 

On H1, EUR/GBP formed a “Head and shoulders” and “Gartley” patterns. The realization of a 1-2-3 pattern will allow bulls to count on a retest of the neckline.

 

1512117309-311438cdc50bb0f634d8ee27e47a0

 

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EUR/USD Daily Analytics

10:54 01.12.2017

 

1512125581-8ba1590928682dad418e14dde9c34

 

The 34 Moving Average has acted as support, so the market is likely going to reach the next resistance area at 1.1975 - 1.2003 in the short term. If a pullback from these levels happens little later on, there'll be an opportunity to have a downward correction towards the nearest support at 1.1909 - 1.1859.

 

1512125581-b17b8896d79e2474558f222fcb575

 

Bulls faced with resistance at 1.1927, so the price is consolidating. Also, there's a "Pennant" pattern, so the pair is likely going to achieve the closest resistance at 1.1975 - 1.2003 during the day. Meanwhile, if we have a pullback from this area, bears will probably try to test another support at 1.1909 - 1.1897.

 

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GBP/USD Daily Analytics

10:56 01.12.2017

 

1512125581-7436a3179532b395952f7e9cd6835

 

The market found resistance at 1.3469, so the pair is likely going to test the nearest support at 1.3513 - 1.3480 in the coming hours. However, if a pullback from this area forms afterwards, we could have another upward price movement in the direction of the next resistance at 1.3595 - 1.3618.

 

1512125581-7c5ec9c4d49217084e664e549e1e3

 

There's a possible "Tripe Top", which hasn't been finished yet. If this pattern confirms, bears are likely going to reach the nearest support at 1.3513 - 1.3480, which could be a departure point for another bullish price movement.

 

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EUR/USD Daily Analytics

11:01 01.12.2017

 

1512125932-6463049ebbcbec7e6eac5252238f9

 

The upper "Window" acted as resistance for the second time, so there's an "Engulfing" pattern, which hasn't been confirmed yet. Therefore, the 34 Moving Average is likely going to act as support in the short term.

 

1512125932-9780a83e845dde30262975b517bc3

 

There's an "Engulfing" pattern, which has been formed on the upper "Window". The main intraday target is the 89 Moving Average. If a pullback from this line happens, there'll be an opportunity to have another upward price movement.

 

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USD/JPY Daily Analytics

11:03 01.12.2017

 

1512125932-2d8488834908d6fc98409df43d934

 

The 55 Moving Average is acting as support, but there're bearish patterns like a "Doji" and a "Shooting Star". So, we're likely going to have a local bearish correction in the short term. At the same time, there's an opportunity to have another bullish price movement afterwards.

 

1512125932-015274ad05c9e13370731b95508f9

 

We've got a "Doji" and a "Harami", which have been formed at the last high. Considering that both patterns have confirmation, the market is likely going to test the 34 Moving Average. If a pullback from this line happens, we could have an upward price movement towards the upper "Window".

 

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EUR/NZD Daily Analytics

00:02 04.12.2017

 

The pair remains strong in a bullish bias held since November 28th session and according to our projections, EUR/NZD is expected to find buyers at the current stage. That’s a likely scenario, taking in consideration that our Fibonacci levels coincides with the 1.7274 and 1.7214. If the pair manages to rebound around that area, the next target should be the -23.6% at 1.7569.

 

RSI indicator is moving into the waters of oversold territory.

 

1512345724-088c4d7cde7093f9a5f3f72dee6cc

 

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EUR/USD Daily Analytics

08:00 04.12.2017

Technical levels: support – 1.1830; resistance – 1.1900, 1.1960.

 

Trade recommendations:

 

Buy — 1.1850; SL — 1.1830; TP1 — 1.1900; TP2 – 1.1960.

Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are returned into the cloudy area.

 

1512374409-5974574d0f06c411e972e24d898d2

 

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GBP/USD Daily Analytics

08:01 04.12.2017

 

Technical levels: support – 1.3380; resistance – 1.3500.

 

Trade recommendations:

 

Buy — 1.3380; SL — 1.3360; TP1 — 1.3470; TP2 — 1.3500.

Reason: expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the market is in correction phase and may testing Kijun’s support.

 

1512374409-5838ef800660551113de2aff99712

 

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