riki143 Posted August 22, 2017 Share Posted August 22, 2017 XAU/USD: INDIANS WILL SHOW WAY FOR GOLD 10:55 22.08.2017 Recommendation: SELL $1280 SL $1296 TP $1264 TP2 $1250 On the daily chart, XAU/USD managed to return inside the bullish medium-term uptrend channel. Successful test of resistance at $1297 will trigger AB=CD pattern. Its 200% is near $1385. On the other hand, failure will allow bears to seize the initiative. On H1, XAU/USD formed a reversal pattern: a combination of “Three Indians” and 1-2-3. A break below correction low at the point 2 will signal the start of corrective move. There’s also diagonal resistance at 23.6% of the last bullish wave. More: https://fbs.com/analytics/articles/xau_usd%3a_indians_will_show_way_for_gold_3144 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2017 Share Posted August 22, 2017 AUD/USD: BULLS WANT TO GO NORTH 11:17 22.08.2017 Recommendation: BUY 0.796 SL 0.7905 TP1 0.802 TP2 0.807 TP3 0.835 On the daily chart, AUD/USD managed to settle above the important level of 0.7900 (23.6% of the last bullish wave). The odds of the uptrend’s resumption are now higher. The growth of Australian dollar towards 200% target of the AB=CD pattern may continue in case of a successful test of resistance at 0.7960. On H1, AUD/USD reached targets of the “Widening wedge”. A break of resistance at 0.9660 will increase the odds of meeting 88.6% and 113% targets of the “Shark” pattern. More: https://fbs.com/analytics/articles/aud_usd%3a_bulls_want_to_go_north_3145 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2017 Share Posted August 22, 2017 EUR/USD: "HARAMI" AND "THREE METHODS" 12:06 22.08.2017 We've got a bearish "Harami", which has been confirmed, so the market is likely going to test the 89 Moving Average. If a pullback from this line happens, there'll be an opportunity to have another upward price movement. There are bearish patterns such a "Harami" and a "Three Methods". So, the price is likely going to decline in the coming hours. If any bullish pattern arrives afterwards, bulls will probably try to deliver a new local high. More: https://fbs.com/analytics/articles/eur_usd%3a_%22harami%22_and_%22three_methods%22_3147 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2017 Share Posted August 22, 2017 USD/JPY: PULLBACK FROM THE LOWER "WINDOW" 12:09 22.08.2017 There's another pullback from the lower "Window". Also, we've got an "Inverted Hammer" and a "Hammer" patterns, which both have been confirmed. So, the market is likely going to the upper "Window" soon. We've got a bullish "High Wave" and an "Engulfing". So, the price is likely going to test the 144 Moving Average, which could be a departure point for a decline. More: https://fbs.com/analytics/articles/usd_jpy%3a_pullback_from_the_lower_%22window%22_3148 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2017 Share Posted August 22, 2017 EUR/USD: WEDGE AND DOUBLE ZIGZAG 13:16 22.08.2017 The price is still consolidating in wave [iv], which is likely going to take the form of a zigzag. The main intraday target is 7/8 MM Level, which could be a departure point for wave [iv]. We've got a wedge in wave (a) and a double zigzag in wave (, so the price is declining in wave i of ©. If a pullback from 4/8 MM Level happens, there'll be an opportunity to have wave ii of ©. More: https://fbs.com/analytics/articles/eur_usd%3a_wedge_and_double_zigzag_3149 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 GBP/USD: BULLS SHOWED WEAKNESS 09:08 23.08.2017 Recommendation: SELL 1.2845 SL 1.29 TP1 1.2665 On the daily chart, GBP/USD keeps forming the shark pattern with the target at 113%. It is situated near 1.2767 (38.2% of the last descending wave). The inability of the bulls to return the quotes inside the medium-term uptrend channel points at their weakness. In such environment, it makes sense to sell the pound on rallies. On H1, GBP/USD formed 2 areas where players accumulated short positions: 1.2950-1.3025 and 1.2845-1.2910. A retest of the lower border of the previous consolidation range will allow bears to continue the decline. More: https://fbs.com/analytics/articles/gbp_usd%3a_bulls_showed_weakness_3171 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 USD/CAD: BEARS GOT SCARED OF A SHARK 09:15 23.08.2017 Recommendation: SELL 1.2675 SL 1.273 TP1 1,2575 TP2 1.249 TP3 1.245 On the daily chart, USD/CAD keeps forming the 5-0 pattern. Recoil from convergence area at 1.2737-1.2765 allowed bears to try to resume the downtrend. If the pair renews low at 1.2525, it will increase odds of the continuation of the decline. On the other hand, if prices leave the short-term descending trend channel, a consolidation between 1.2525 and 1.2765 may develop. On H1, a successful attack on resistance at 1.2595-1.2610 will trigger the inverse “Shark” pattern with 88.6% target. The inability of bulls to hold the pair above 1.2595 will point at their weakness. More: https://fbs.com/analytics/articles/usd_cad%3a_bears_got_scared_of_a_shark_3172 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 EUR/USD: EURO SUPPORTED BY CLOUD 09:22 23.08.2017 Technical levels: support – 1.1750; resistance – 1.1820. Trade recommendations: Buy — 1.1770; SL — 1.1750; TP1 — 1.1820; TP2 – 1.1890. Reason: narrow Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen and rising Tenkan-sen; the prices are supported by the Cloud and may continue to rise. More: https://fbs.com/analytics/articles/eur_usd%3a_euro_supported_by_cloud_3173 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 USD/JPY: DOLLAR CORRECTED TO KIJUN-SEN 09:23 23.08.2017 Technical levels: support – 109.00; resistance – 109.750. Trade recommendations: Sell — 109.40/50; SL — 109.70; TP1 — 109.00; TP2 — 108.60. Reason: bearish Ichimoku Cloud, but Senkou Span A and B are horizontal; a dead cross of Tenkan-sen and Kijun-sen; the market has been corrected to Kijun-sen; waiting to continue of downtrend. More: https://fbs.com/analytics/articles/usd_jpy%3a_dollar_corrected_to_kijun_sen_3174 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 EUR/USD: "DOUBLE TOP" PATTERN 10:40 23.08.2017 There's a "Double Top" pattern, which has been confirmed. So, the price reached the nearest support at 1.1757, which led to a consolidation. In this case, the market is likely going to test the next support at 1.1712 - 1.1683. If a pullback from this levels happens, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1801 - 1.1846. The price is consolidating near the Moving Averages. Also, there's a bearish "Pennant" pattern, so the pair is likely going to achieve the next support at 1.1720 - 1.1708 during the day. If we have a pullback from these levels, bulls will probably try to reach resistance at 1.1798 - 1.1801. More: https://fbs.com/analytics/articles/eur_usd%3a_%22double_top%22_pattern_3178 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 GBP/USD: MARKET GOING TO TEST NEXT SUPPORT 10:45 23.08.2017 Bears faced support at 1.2811, so the price is consolidating. Therefore, the market is likely going to test the next support at 1.2793 - 1.2768 in the coming hours. If a pullback from this area happens little later on, bulls will have a green light to reach the nearest resistance at 1.2830 - 1.2853. The last "Double Top" pattern led to a massive decline. The main intraday target is the closest support 1.2793 - 1.2768. If we have a pullback from these levels, there'll be an option to have a bullish price movement in the direction of the nearest resistance at 1.2831 - 1.2853. More: https://fbs.com/analytics/articles/gbp_usd%3a_market_going_to_test_next_support_3179 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 EUR/USD: BULLISH "HARAMI" 12:49 23.08.2017 There's a bullish "Harami", which has been formed on the 34 Moving Average. Considering confirmation of this pattern, the price is likely going to test the nearest resistance. If we see a pullback from this level, there'll be an opportunity to have a local decline. All the Moving Averages have been broken, but we still don't have any reversal pattern. Also, there's resistance by the last "Three Methods" pattern. If we have a pullback from this level, bears are likely going to test the nearest support. More: https://fbs.com/analytics/articles/eur_usd%3a_bullish_%22harami%22_3181 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 USD/JPY: "ENGULFING" ON THE 34 MOVING AVERAGE 12:52 23.08.2017 We've got an "Engulfing" pattern on the 34 Moving Average, so bears are likely going to continue pushing the price lower. The main intraday target is the lower "Window". Bulls faced resistance on the 144 Moving Average, so there's a bearish "High Wave" pattern, which has been confirmed. In this case, the market is likely going to continue falling down. More: https://fbs.com/analytics/articles/usd_jpy%3a_%22engulfing%22_on_the_34_moving_average_3182 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2017 Share Posted August 23, 2017 EUR/USD: DEVELOPING WAVE [iV] 12:59 23.08.2017 There's a developing wave [iv], which is taking place on the four-hours chart. The main target for wave © is 7/8 MM Level, which could be a departure point for wave [v] of 3. We've got a double zigzag in wave ( and a bearish impulse in wave i. It seems like wave ii is going to end soon, so we could have wave iii of © in the short term. If a pullback from 3/8 MM Level happens later on, there'll be an opportunity to have an upward correction. More: https://fbs.com/analytics/articles/eur_usd%3a_developing_wave_%5biv%5d_3183 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 GBP/USD: POUND IS OVERSOLD 09:37 24.08.2017 Technical levels: support – 1.2750, 1.2710; resistance – 1.2820. Trade recommendations: Sell — 1.2820; SL — 1.2840; TP1 — 1.2750; TP2 — 1.2710. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, with falling lines; the local market is oversold, waiting for correction to Tenkan-sen. More: https://fbs.com/analytics/articles/gbp_usd%3a_pound_is_oversold_3215 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 AUD/USD: BREAKDOWN OF SSA 09:38 24.08.2017 Technical levels: support – 0.7850, 0.7810; resistance – 0.7880. Trade recommendations: Buy — 0.7850; SL — 0.7830; TP1 — 0.7935; TP3 — 0.7980. Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered to negative area, but there is a strong support on the daily timeframe. More: https://fbs.com/analytics/articles/aud_usd%3a_breakdown_of_ssa_3216 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 EUR/USD: "DOUBLE BOTTOM" PATTERN 10:11 24.08.2017 There's a "Double Bottom" pattern, which has been confirmed, so the price is consolidating. The main intraday target is the nearest resistance at 1.1846 - 1.1875. If a pullback from this area happens, there'll be an opportunity to have a decline in the direction of the 34 Moving Average. We've got a "Triple Top" pattern right under resistance at 1.1827. So, the price is likely going to test the 55 Moving Average in the short term. If a pullback from this line happens, bulls will probably try to achieve the closest resistance at 1.1827 - 1.1838 More: https://fbs.com/analytics/articles/eur_usd%3a_%22double_bottom%22_pattern_3217 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 GBP/USD: BROKEN "FLAG" 10:19 24.08.2017 The last "Flag" pattern has been broken, so the price reached support at 1.2768. Nevertheless, bears are likely going to test the next support at 1.2768 - 1.2736 in the short term. If we have a pullback from these levels, bulls will have a green light to deliver a local upward correction. Bears faced support at 1.2768, so the price is consolidating. In this case, we should keep an eye on the nearest resistance at 1.2811 as an intraday target. If a pullback from this level arrives little later on, there'll be an option to have another decline towards the next support at 1.2768 - 1.2736. More: https://fbs.com/analytics/articles/gbp_usd%3a_broken_%22flag%22_3218 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 USD/JPY: YEN MET 3 INDIANS 10:28 24.08.2017 Recommendation: BUY 109.8 SL 109.25 TP1 110.8 TP2 112 On the daily chart, another attempt of bulls to return inside the triangle was unsuccessful. In order to have another chance, buyers need to keep the pair inside the medium-term channel between 108.50 and 114.50. A successful test of its lower border will open the way down to 161.8% target of the AB=CD pattern. On USD/JPY there's consolidation within the inverted “Spike and ledge” pattern on the basis of 1-2-3. Together with “Three Indians” it’s a serious reversal pattern. More: https://fbs.com/analytics/articles/usd_jpy%3a_yen_met_3_indians_3220 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 USD/CHF DOESN’T WANT TO PART WITH WEDGE 10:41 24.08.2017 Recommendations: SELL 0.9605 SL 0.966 TP1 0.9505 TP2 09475 BUY 0.975 SL 0.9695 TP 0.989 On the daily chart, USD/CHF keeps consolidation near an important level of 0.9650 (23.6% of the last long-term descending wave). If bears manage to lead the pair down below the diagonal support (lower border of the uptrend channel), the odds of reaching 88.6% target of Gartley pattern will increase. On H1, USD/CHF is consolidating within a “Widening wedge”. A break of support levels at 0.9605 and 0.9585 won’t lead the pair south. On the other hand, successful test of resistance at 0.9750 and 0.9765 will open the way for further advance. More: https://fbs.com/analytics/articles/usd_chf_doesn%E2%80%99t_want_to_part_with_wedge_3221 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 EUR/USD: DEVELOPING ZIGZAG 11:07 24.08.2017 There's developing wave [iv], which is likely going to take the form of a zigzag. The main target is 7/8 MM Level, which could be a departure point for wave [v] of 3. There are a bearish impulse in wave i and a zigzag in wave ii. So, there's an opportunity to have wave iii of © soon. In this case, we should keep in mind 3/8 MM Level as the next bearish target. More: https://fbs.com/analytics/articles/eur_usd%3a_developing_zigzag_3223 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 USD/JPY: "HAMMER" AND "BELT HOLD" 12:32 24.08.2017 There's a developing consolidation. The 34 & 55 Moving Averages are acting as resistance. In this case, the market is likely going to test the upper "Window" once again. If a pullback from this level happens afterwards, bears will probably try to reach the lower "Window". We've got bullish patterns such a "Hammer" and a "Belt Hold" at the local low, which both have been confirmed by the last "Three Methods". So, bulls are likely going to push the price even higher during the day. More: https://fbs.com/analytics/articles/usd_jpy%3a_%22hammer%22_and_%22belt_hold%22_3227 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2017 Share Posted August 24, 2017 EUR/USD: 34 MA GOING TO ACT AS SUPPORT 13:02 24.08.2017 There's a "Shooting Star", but confirmation of this pattern is quite weak. So, the 34 Moving Average is likely going to act as support. If a pullback from this line happens, there'll be an opportunity to have another upward price movement towards the nearest resistance, which could be a departure point for another decline. We've got a "Tweezers" and a "High Wave", which both have been confirmed by the two "Three Methods" patterns in a row. Therefore, the market is likely going to test the nearest support, where we could have a bullish pattern. If so, the last high will be probably tested once again. More: https://fbs.com/analytics/articles/eur_usd%3a_34_ma_going_to_act_as_support_3228 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 25, 2017 Share Posted August 25, 2017 EUR/USD: BULLISH "PENNANT" 10:19 25.08.2017 The price is consolidating near support at 1.1801. Also, there's a "Pennant", so the market is likely going to move up towards the nearest resistance at 1.1846. In this case, we could have a new local high pretty soon. However, bears will probably try to achieve the closest support at 1.1757 afterwards. There's a consolidation, which is taking place near the 34 Moving Average. At the same time, we've got a bullish "Pennant". Therefore, we should keep an eye on the next resistance at 1.1838 - 1.1846 as an intraday target. If a pullback from this area happens, there'll be an opportunity to have a decline towards the nearest support at 1.1789 - 1.1783. More: https://fbs.com/analytics/articles/eur_usd%3a_bullish_%22pennant%22_3247 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 25, 2017 Share Posted August 25, 2017 GBP/USD: PRICE GOING TO TEST LAST LOW AGAIN 10:22 25.08.2017 Bears faced support at 1.2768, so the price is consolidating. It seems like the market is going to test the last low once again. If any bullish pattern arrives little later on, we should keep in mind the closest resistance at 1.2831 - 1.2853 as an intraday target. The price is consolidating between the levels 1.2768 - 1.2831. The main bearish target is the next support at 1.2768. If a pullback from this level happens, bulls will probably try to reach the nearest resistance area at 1.2811 - 1.2831. More: https://fbs.com/analytics/articles/gbp_usd%3a_price_going_to_test_last_low_again_3248 Quote Link to comment Share on other sites More sharing options...
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