riki143 Posted September 11, 2017 Share Posted September 11, 2017 EUR/USD FAVORED BY THE BULLISH PRICE ACTION 00:46 11.09.2017 EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1.20. Because of the rebound above such area and the 200 SMA at H1 chart, we’re expecting a bullish continuation towards the -23.6% Fibonacci retracement level at 1.2165. Corrective moves should be limited by the 38.2% Fibo zone. RSI indicator is still in the neutral territory, calling for a bullish consolidation before any significant move. More: https://fbs.com/analytics/articles/eur-usd-favored-by-the-bullish-price-action-3608 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 NZD/USD: BEARS FOUND A SHARK 07:03 11.09.2017 Recommendation: SELL 0.7225 SL 0.728 TP1 0.715 TP2 0.7105 On H1, the inability of the bulls to lead the pair outside of the descending channel and formation of the bar with the long upper wick points at buyers’ weakness. Realization of the inverted 5-0 pattern is delayed. On H1, NZD/USD reached the targets if the “Widening wedge”, “Three Indians” and 1-2-3. If the pair renews correction low with the following decline below the lower border of an uptrend channel, risks of reaching 88.6% target of a Shark pattern will increase. More: https://fbs.com/analytics/articles/nzd-usd-bears-found-a-shark-3614 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 AUD/USD: BEARS LEFT THEIR LAIR 07:21 11.09.2017 Recommendation: SELL 0.8025 SL 0.808 TP1 0.794 TP2 0.789 On the daily chart, the inability of bulls to push the pair out of the uptrend channel and formation of the bar with a long upper wick points at their weakness. It strengthens the risks of correction at least to 0.7937-0.7954. On H1, AUD/USD reached the targets of “Widening wedge”, “3 Indians” and 1-2-3. The break of support at 0.8028 and the pair’s leaving the uptrend channel will increase the risks of the pair reaching 88.6% target of the Shark pattern. More: https://fbs.com/analytics/articles/aud-usd-bears-left-their-lair-3615 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 EUR/USD: EURO RETURNED TO 0.2000 07:41 11.09.2017 Technical levels: support – 1.2000, 1.1980; resistance – 1.2075. Trade recommendations: Buy — 1.1980; SL — 1.1960; TP1 — 1.2030; TP2 – 1.2075. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan and Kijun; the prices are on the support of Tenkan-sen and Kijun-sen. More: https://fbs.com/analytics/articles/eur-usd-euro-returned-to-0.2000-3618 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 AUD/USD: AUSSIE LOOKING FOR SUPPORT OF KIJUN 07:42 11.09.2017 Technical levels: support – 0.8030; resistance – 0.8080, 0.8120. Trade recommendations: Buy — 0.8030; SL — 0.8010; TP1 — 0.8080; TP3 — 0.8120. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is seeking the support on Kijun-sen for continue uptrend. More: https://fbs.com/analytics/articles/aud-usd-aussie-looking-for-support-of-kijun-3619 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 EUR/USD: "V-TOP" LED TO DECLINE 08:29 11.09.2017 We've got a "V-Top", so the price is declining. In this case, we should keep an eye on the nearest support at 1.1978 - 1.1949 as an intraday target. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.2129. The 34 Moving Average has acted as support, so the price is consolidating. Therefore, the market is likely going to test the 89 MA in the short term. However, if a pullback from this line happens, we could have another bullish rally towards the next resistance at 1.2080 - 1.2129. More: https://fbs.com/analytics/articles/eur-usd-v-top-led-to-decline-3620 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 GBP/USD: BULLISH "PENNANT" PATTERN 08:36 11.09.2017 Bulls faced with resistance at 1.3223, so the price tested the nearest support at 1.3164. In this case, the pair is likely going to rise in the direction of the next resistance at 1.3249 - 1.3265, which means we could have a new local high pretty soon. The price is consolidating between the levels 1.3223 - 1.3164. Also, there's a "Pennant" pattern, so the market is likely going to achieve the nearest resistance at 1.3249 - 1.3265 soon. If a pullback from these levels happens, we could have a decline towards the closest support at 1.3164 - 1.3149. More: https://fbs.com/analytics/articles/gbp-usd-bullish-pennant-pattern-3622 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 EUR/USD: PULLBACK FROM 7/8 MM LEVEL 09:05 11.09.2017 There's a pullback from 7/8 MM Level, so wave may have been formed. In this case, we could have a bearish correction in the short term. The main target for wave [ii] is 6/8 MM Level, which could be a departure point for wave [iii]. 8/8 MM Level has acted as resistance, so we've got a bearish impulse in wave (a). Also, there's a pullback from 5/8 MM Level, so the price is rising. If a pullback from 7/8 MM Level happens, bears are likely going to deliver wave © of [ii]. More: https://fbs.com/analytics/articles/eur-usd-pullback-from-7-8-mm-level-3624 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 USD/JPY: BULLISH "MORNING STAR" 10:41 11.09.2017 The price reached the upper "Window", but there isn't any reversal pattern so far. Moreover, there's a possible bullish "Three Methods". So, we could have the price even higher in the short term. If any bearish pattern forms afterwards, there'll be an opportunity to have a decline. The last bullish "Morning Star" led to the current upward price movement. At the same time, we've got a "Three Methods" pattern, so the pair is likely going to reach the 89 Moving Average during the day. More: https://fbs.com/analytics/articles/usd-jpy-bullish-morning-star-3626 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Share Posted September 11, 2017 EUR/USD: BEARISH "HIGH WAVE" 10:44 11.09.2017 We've got a bearish "High Wave", which has been confirmed. In this case, the market is likely going to test the nearest support. If a pullback from this level happens, there'll be an opportunity to have just another upward price movement. The 34 Moving Average is acting as support, so we've got a bullish "Hammer" at the local low. However, this pattern doesn't have confirmation, so the price is likely going to continue declining towards the 55 MA. More: https://fbs.com/analytics/articles/eur-usd-bearish-high-wave-3627 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 XAU/USD: GOLD APPROACHED A CRITICAL LINE 07:13 12.09.2017 Recommendation: SELL $1323 SL $1338 TP1 $1305 TP2 $1282 TP3 $1272 On the daily chart, the inability of the bulls to settle above 161.8% target of AB=CD points at their weakness. A break of support at $1320,4-1321,6 will strengthen the risks of correction to at least the lower border of the uptrend channel. On H1, further dynamics of the pair will depend on the test of support at $1323. Success will allow bears to develop a move towards 88.6% and 113% targets of the “Shark” pattern. Failure will create grounds for the uptrend resumption. More: https://fbs.com/analytics/articles/xau-usd-gold-approached-a-critical-line-3649 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 USD/CAD: WILL THE TRIANGLE STOP BEARS? 07:19 12.09.2017 Recommendation: BUY 1.2165 SL 1.211 TP1 1.229 TP2 1.2365 On the daily chart, USD/CAD approached 200% target of AB=CD. If bears manage to conquer support at 1.2045, risks of continuation of the decline to 1.1960 and 1.1820 will increase. On the other hand, pair’s return above resistance at 1.2185 will create grounds for a correction. On H1, USD/CAD formed a triangle. A break of its upper border will increase the possibility of a pullback towards the lower and the upper border of the earlier gap. More: https://fbs.com/analytics/articles/usd-cad-will-the-triangle-stop-bears-3650 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 EUR/USD: "TRIPLE BOTTOM" PUSHED PRICE TO 55 MA 08:57 12.09.2017 The main trend is still bullish. The 34 Moving Average has acted as support, so the price is likely going to reach the nearest resistance at 1.1975 - 1.2003. If a pullback from these levels happens, there'll be an opportunity to have a decline towards the next support at 1.1909 - 1.1892. We've got a "Triple Bottom", which pushed the price to 55 Moving Average. So, the market is likely going to achieve the closest resistance area at 1.2028. If we have a pullback from this level, bears will try to test another support at 1.1934 - 1.1907. More: https://fbs.com/analytics/articles/eur-usd-triple-bottom-pushed-price-to-55-ma-3655 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 GBP/USD: "DOUBLE TOP" PATTERN 09:02 12.09.2017 The price is consolidating between the levels 1.3223 - 1.3164. At the same time, there's a "Double Top" pattern, which has been confirmed. So, the last high could be tested once again in the short term, but bears are likely going to reach the nearest support at 1.3164 - 1.3136 afterwards. We've got a confirmed "Double Top", but there's a pullback from support at 1.3164. Therefore, the pair is likely going to achieve the nearest resistance at 1.3190 - 1.3223. If a pullback from these levels happens, there'll be an option to have another decline in the direction of the next support at 1.3164 - 1.3149. More: https://fbs.com/analytics/articles/gbp-usd-double-top-pattern-3656 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 EUR/USD: [iI] TAKING FORM OF ZIGZAG 11:00 12.09.2017 7/8 MM Level has acted as resistance, so there's developing wave [ii]. If the price fixates above 6/8 MM Level little later on, there'll be an opportunity to have just another bullish impulse. The main target for wave [iii] is 8/8 MM Level. Wave [ii] is taking the form of a zigzag. If a pullback from 3/8 MM Level happens in the short term, bulls are likely going to deliver an upward impulse in wave (i). So, we should keep an eye on 5/8 MM Level as an intraday target. More: https://fbs.com/analytics/articles/eur-usd-%5bii%5d-taking-form-of-zigzag-3657 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 USD/JPY: BULLISH "ENGULFING" PATTERN 11:10 12.09.2017 The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to reach the next "Window", which could be a departure point for a downward correction. The last bullish "Engulfing" pattern pushed the price even higher. Also, there isn't any reversal pattern, cause all the last candles are bullish. So, the market is likely going to continue moving up in the short term. More: https://fbs.com/analytics/articles/usd-jpy-bullish-engulfing-pattern-3658 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 12, 2017 Share Posted September 12, 2017 EUR/USD: BULLS GOING TO DELIVER CORRECTION 11:14 12.09.2017 We've got a bullish "Inverted Hammer", but this pattern remains unconfirmed. So, we could have the price a little bit lower in the short term. Anyway, bulls are likely going to deliver an upward correction afterwards. The 55 Moving Average is acting as resistance, so there's a bearish "Doji", which has been confirmed enough. So, the lower "Window" is likely going to be tested during the day. If we have a pullback from this level, there'll be time for bullish correction. More: https://fbs.com/analytics/articles/eur-usd-bulls-going-to-deliver-correction-3659 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 US DOLLAR: A PULL BACK COMING SOON? 01:01 13.09.2017 US Dollar Index has been following to the bears against a basket of major currencies and it’s approaching to the 200 SMA at H1 chart, nearing to the Fibonacci level of 50% (92.14). If the index manages to break above that area, we can expect an acceleration to test September 1st highs at 92.80, at which is located the Fibo level of 78.6%. However, if we see a pull back at the current stage, the index could plummet towards the -23.6% level at 90.42. RSI indicator remains in the positive territory. More: https://fbs.com/analytics/articles/us-dollar-a-pull-back-coming-soon-3676 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 EUR/USD: 3/8 MM LEVEL ACTED AS SUPPORT 07:24 13.09.2017 Wave [ii] may have been ended, cause there's a pullback from 6/8 MM Level. So, there's an opportunity to have wave [iii]. In this case, we should keep an eye on 8/8 MM Level as the next bullish target. There's a possible zigzag in wave [ii]. 3/8 MM Level has acted as support, so the price is rising. Therefore, wave (i) of [iii] is likely going to move on towards 6/8 MM Level. More: https://fbs.com/analytics/articles/eur-usd-3-8-mm-level-acted-as-support-3682 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 EUR/USD: EURO IS SUPPORTED BY CLOUD 07:38 13.09.2017 Technical levels: support – 1.1950, 1.1900; resistance – 1.2030, 1.2075. Trade recommendations: Buy — 1.1980/90; SL — 1.1960; TP1 — 1.2030; TP2 – 1.2075. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the support of the Cloud. More: https://fbs.com/analytics/articles/eur-usd-euro-is-supported-by-cloud-3684 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 USD/JPY: DOLLAR IS OVERBOUGHT 07:39 13.09.2017 Technical levels: support – 109.60, 109.10; resistance – 110.40. Trade recommendations: Sell — 109. 90; SL — 110.10; TP1 — 109.10; TP2 — 108.90. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; Dollar is going to positive area, but the market is overbought now. More: https://fbs.com/analytics/articles/usd-jpy-dollar-is-overbought-3685 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 EUR/USD: "V-BOTTOM" PATTERN 07:54 13.09.2017 The main trend is still bullish. The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern on this line. Therefore, the market is likely going to reach the nearest resistance at 1.2042 - 1.2069 in the short term. If a pullback from this area happens, we could have a decline towards the next support at 1.1909. Bears faced with support at 1.1907, so we've got a "V-Bottom" pattern, which led to the current consolidation. In this case, the pair is likely going to achieve the closest resistance at 1.2028 - 1.2042 during the day. Meanwhile, if we have a pullback from these levels, there'll be an opportunity to have a downward price movement towards another support at 1.1941 - 1.1934. More: https://fbs.com/analytics/articles/eur-usd-v-bottom-pattern-3686 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 GBP/USD: MARKET GOING TO CLIMB EVEN HIGHER 07:56 13.09.2017 The last "Flag" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance at 1.3345 - 1.3374. If a pullback from this area happens little later on, bears will try to test the closest support at 1.3277 - 1.3249. The price is consolidating, but the market is likely going to climb even higher. Therefore, we should keep an eye on the next resistance at 1.3345 - 1.3374 as an intraday target, which could be a departure point for a bearish correction. More: https://fbs.com/analytics/articles/gbp-usd-market-going-to-climb-even-higher-3687 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 USD/CHF: FRANC GOT INTO DRAGON’S LAIR 08:42 13.09.2017 Recommendation: BUY 0.9615 SL 0.956 TP1 0.9695 TP2 0.978 TP3 0.986 On the daily chart, USD/CHF formed a powerful reversal pattern “Triple bottom”. As a result, risks of a “Dragon” pattern increased, although bulls firstly need to get above resistance at 0.9615 and 0.9650. On H1, USD/CHF keeps forming the “Dragon” pattern. Bullish movement will face at least one pullback (“Head of the Dragon”), although the pair may have already chosen its direction. As a result, buying on breakthroughs is the main strategy. More: https://fbs.com/analytics/articles/usd-chf-franc-got-into-dragon%E2%80%99s-lair-3689 Quote Link to comment Share on other sites More sharing options...
riki143 Posted September 13, 2017 Share Posted September 13, 2017 GBP/USD: INDIANS ON THE HORIZON 08:52 13.09.2017 Recommendation: SELL 1.34 SL 1.3455 TP1 1.3265 TP2 1.321 On the daily chart, GBP/USD keeps forming an AB=CD pattern. Its 127.2% target is near the line of “Three Indians”. This increases the risks of correction if bulls show weakness and fail to overcome important resistance at 1.3400. On H1, a break above the level of 88.6% of the wave CD of the 5-0 pattern allowed bulls to resume the uptrend. The pair is currently forming “Spike and reversal with acceleration” and AB=CD. More: https://fbs.com/analytics/articles/gbp-usd-indians-on-the-horizon-3691 Quote Link to comment Share on other sites More sharing options...
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