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francmorio

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EURUSD TEchnical Analysis for 2nd Feb 2016

eurusd-h4-riston-capital-ltd.png

Summary :

Target Level : 1.0619

Target Period : 3 days

Analysis :

Channel Up identified at 01-Feb-17:00 2017 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0619 within the next 3 days.

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USDJPY Technical Analysis For 2nd Feb 2016

usdjpy-h4-riston-capital-ltd.png

Summary :

Target Level : 115.374

Target Period : 3 days

Analysis :

Channel Down identified at 01-Feb-13:00 2017 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 115.3740 within the next 3 days.

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USDCAD Technical Analysis For 2nd Feb 2016

usdcad-h4-riston-capital-ltd-2.png

Summary :

Target Level : 1.3169

Target Period : 16 hours

Analysis :

Channel Down identified at 01-Feb-05:00 2017 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3169 within the next 16 hours.

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NZDUSD Technical Analysis For 2nd Feb 2016

nzdusd-h4-riston-capital-ltd.png

Summary :

Target Level : 0.7208

Target Period : 2 days

Analysis :

Channel Up identified at 01-Feb-01:00 2017 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7208 within the next 2 days.

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EURJPY Technical Analysis For 2nd Feb 2017

eurjpy-h4-riston-capital-ltd.png

Summary :

Target Level : 120.99

Target Period : 3 days

Analysis :

Descending Triangle identified at 02-Feb-05:00 2017 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 120.9900 within the next 3 days.

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  • 9 months later...

EURUSD: daily pin bar model suggests a decline ahead

eur_161117.png

The U3 MA line held buyers up once again. The resistance around the 1.1850 mark was bolstered by the horizontal Gann line. In the second half of the day, some buyers exited the market, while some turned into bears.

 
The price returned from the U3 line (SMA 55, 1% divergence) to the LB balance line. The market is now in equilibrium on the hourly timeframe. The price is sitting on the 67th degree. Considering that a pin bar has formed on the daily timeframe, I’m forecasting a drop to 1.1751 with an intermediate rebound to 1.1803. This drop won’t happen, though, if the hourly candlestick closes above 1.1805. If the euro opens down in Europe, we can set a target at 1.1724 (112th degree). I’d also recommend keeping an eye on price behaviour after the long-tailed candlesticks formed on 29/08, 08/09, and 22/09.
 
The target for the pin bar is 1.1710, but there’s no guarantee that this will be reached. However, it has more than a 60% chance of working out. These things tend to work out well when there aren’t any important news releases planned. There are a lot of speeches scheduled for today and no one knows who will say what.
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  • 4 weeks later...

 

EURUSD: daily pin bar model suggests a decline ahead

eur_161117.png

The U3 MA line held buyers up once again. The resistance around the 1.1850 mark was bolstered by the horizontal Gann line. In the second half of the day, some buyers exited the market, while some turned into bears.

 
The price returned from the U3 line (SMA 55, 1% divergence) to the LB balance line. The market is now in equilibrium on the hourly timeframe. The price is sitting on the 67th degree. Considering that a pin bar has formed on the daily timeframe, I’m forecasting a drop to 1.1751 with an intermediate rebound to 1.1803. This drop won’t happen, though, if the hourly candlestick closes above 1.1805. If the euro opens down in Europe, we can set a target at 1.1724 (112th degree). I’d also recommend keeping an eye on price behaviour after the long-tailed candlesticks formed on 29/08, 08/09, and 22/09.
 
The target for the pin bar is 1.1710, but there’s no guarantee that this will be reached. However, it has more than a 60% chance of working out. These things tend to work out well when there aren’t any important news releases planned. There are a lot of speeches scheduled for today and no one knows who will say what.

 

Thanks for sharing this info

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USDJPY Technical Analysis:

usdjpy-h4-riston-capital-ltd.png

Summary : 
Target Level : 113.5959
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 113.5959 within the next 4 hours.

Supporting Indicators : 
Upward sloping Moving Average

Summary : 
Target Level : 113.5959
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 113.5959 within the next 4 hours.

Supporting Indicators : 
Upward sloping Moving Average

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GBPUSD Technical Analysis:

gbpusd-h4-riston-capital-ltd.png

Summary : 
Target Level : 1.3544
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 1.3544 within the next 4 hours.

Summary : 
Target Level : 1.3544
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 1.3544 within the next 4 hours.

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USDCHF Technical Analysis:

usdchf-h4-riston-capital-ltd.png

Summary : 
Target Level : 0.9976
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 0.9976 within the next 4 hours.

Summary : 
Target Level : 0.9976
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 0.9976 within the next 4 hours.

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  • 2 months later...

4ec180a31852a94c50728583af37a234.png

Today and even in the coming week's we expect a possible extension to the upper side with an ultimate target at 1.2890.This view can only be invalidated in case the price end up breaking below 1.2536, this being the case, we expect a drop towards 1.21. This pair will have a similar price action to GBPUSD, NZDUSD and AUDUSD.

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  • 4 weeks later...

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