Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



FBS.com - Daily/Weekly Analysis / Market News


Recommended Posts

USD/JPY: "EVENING STAR" THE UPPER "WINDOW"

11:42 13.09.2017

 

1505302866-ed3e3c491ef7873de75c8171f72df

 

The price reached the 144 Moving Average, so there's a bearish "Doji", which hasn't been confirmed enough. Therefore, we could have a local upward correction in the short term, but bears are likely going to deliver another decline afterwards.

 

1505302866-919babbd33839157a35284d852c15

 

We've got a bearish "Evening Star" on the upper "Window". Considering confirmation of this pattern, the pair is likely going to achieve the Moving Averages during the day.

 

More:


Link to comment
Share on other sites

  • Replies 9.6k
  • Created
  • Last Reply

Top Posters In This Topic

EUR/USD: BEARISH "TWEEZERS"

11:43 13.09.2017

 

1505302866-42b0d1e96668de2a56da7c4667d20

 

We've got an "Engulfing" and a "Belt hold" patterns on the 34 Moving Average. In this case, the market is likely going to test the nearest support once again. If a pullback from this level happens, we could have a bullish price movement towards the nearest "Window".

 

1505302866-6791ec7b41a597af3faad4441495e

 

The price is consolidating near the Moving Averages. At the same time, we've got a bearish "Tweezers", but this pattern remains unconfirmed. So, the lower "Window" is going to act as support for the second time.

 

More:


Link to comment
Share on other sites

GBP/USD: POUND IS ON KIJUN’S SUPPORT

08:09 14.09.2017

 

Technical levels: support –  1.3180; resistance – 1.3280.

 

Trade recommendations:

 

Buy — 1.3200; SL — 1.3180; TP1 — 1.3280; TP2 — 1.3350.

Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are on the support of Kijun-sen.

 

1505376558-5838ef800660551113de2aff99712

 

More:


Link to comment
Share on other sites

AUD/USD: AUSSIE ENTERED INTO CLOUD

08:10 14.09.2017

 

Technical levels: support – 0.7965; resistance – 0.8040, 0.8070.

 

Trade recommendations:

 

Buy — 0.7990; SL — 0.7970; TP1 — 0.8040; TP3 — 0.8070.

Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are entered into the Cloud, nut found a support of Senkou Span B.

 

1505376558-42a68b4bfa2f0515dfbaa054e9dba

 

More:


Link to comment
Share on other sites

EUR/JPY: BULLS ARE TAMING A DRAGON

08:46 14.09.2017

 

Recommendations:

BUY 130.9

SL 130.35

TP1 132 TP2 133.9

BUY 130.65

SL 130.1

TP1 132 TP2 133.9

 

On the daily chart, the attempt of bulls to settle above 132 failed. To start correction, bears need to conquer diagonal support in the form of the lower border of an uptrend. The lack of progress in this will return the initiative to buyers.

 

1505378634-f80f4bb93a590e144a0f1bb6e2b4b

 

On H1, EUR/JPY finishes forming “Dragon” pattern. Pullbacks toward support at the “Coil of the Dragon’s Tail” and the following rebounds will allow forming long positions

 

1505378651-144c086f9efd0dd7367f2818eb875

 

More:


Link to comment
Share on other sites

USD/JPY: BULLS GRAB THE BIGGEST PIECE OF THE PIE

09:01 14.09.2017

Recommendation:

 

BUY 109.9

SL 109.35

TP 111.65

BUY 109.4

SL 109.95

TP1 110.9 TP2 111.65

 

On the daily chart, bulls showed their strength as they managed to lead the pair outside of the long-term descending trend channel. Before that, the pair returned inside the medium-term uptrend channel. If buyers manage to keep the USD above 110.52, the odds of continuation towards 88.6% target of the Shark pattern will significantly increase.

 

1505379611-3297c54597baddc0779dab87f7356

 

On H1, USD/JPY formed a “Widening wedge” pattern. Pullbacks towards 23.6%, 38.2%, and 50% are usually used for opening longs.

 

1505379626-1f50b4d918123f905c31c70a9dfda

 

More:


Link to comment
Share on other sites

EUR/USD: BROKEN "PENNANT"

09:17 14.09.2017

 

1505380484-f2632109a514dc2929781c06b4c92

 

The pair faced support at 1.1864, so the market is likely going to test the nearest resistance area at 1.1909 - 1.1925 in the short term. However, if a pullback from this area happens, we could have another decline in the direction of the next support at 1.1850 - 1.1822.

 

1505380484-099692136e4273a28a5af7ca075ee

 

Bears found support at 1.1874 - 1.1864, so the price is rising. The main intraday target is the closest resistance at 1.1907 - 1.1925. Meanwhile, if we have a pullback from these levels, bears will probably try to reach the nearest support at 1.1851 - 1.1822.

 

More:


Link to comment
Share on other sites

GBP/USD: 55 MA ACTED AS SUPPORT

09:23 14.09.2017

 

1505380484-87af6066bde833daa91add4468b4e

 

We've got a "V-Top" pattern, which pushed the price to support at 1.3190. Therefore, the market is likely going to reach the nearest resistance at 1.3129 - 1.3249. If a pullback from this area happens, there'll be an opportunity to have a decline towards the next support at 1.3190 - 1.3159.

 

1505380485-26db9d66bb819b35605fd68f9bf55

 

The 55 Moving Average has acted as support, so the price is consolidating. In this case, bulls are likely going to test the closest resistance at 1.3227 - 1.3249. However, if we see a pullback from this area, bears will probably try to achieve another support at 1.3186 - 1.3159.

 

More:


Link to comment
Share on other sites

USD/JPY: "WINDOW" ACTING AS SUPPORT

10:54 14.09.2017

 

1505386427-89f0e693a4248bea016a62f4ee819

 

The last "Window" has been broken, but the price is consolidating. Also, we've got bearish patterns such a "Harami" and a "Doji", but both of them haven't been confirmed enough. So, the 144 Moving Average is likely going to act as support.

 

1505386427-b65113e9d70d7b2ef8f36ec557468

 

We've got a bearish "Engulfing" at the last high, but this pattern hasn't been confirmed, cause the lower "Window" is acting as support. So, the price is likely going to test the nearest support level, which could be a departure point for another bullish rally.

 

More:


Link to comment
Share on other sites

EUR/USD: "HAMMER" ON THE LOWER "WINDOW"

11:01 14.09.2017

 

1505386428-f1110a59fec559dd8d5d691c9e34a

 

We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.

 

1505386427-91daace7d90724c9c9415dade91df

 

There's a bullish "Hammer" on the lower "Window". Considering confirmation of this pattern, the price is likely going to test the Moving Averages in the short term.

 

More:


Link to comment
Share on other sites

EUR/USD: WAVE 4 TURNED OUT TO BE BIGGER

11:20 14.09.2017

 

1505387956-a24257242166d639e5ea89d2f0220

 

We've got a new local low, so wave 4 turned out to be bigger. Previously, an ending diagonal pattern has been formed in wave [v] of 3. So, there's an opportunity to have just another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.

 

1505387957-02d95fd55c233d0865dafd139ad68

 

1/8 MM Level has acted as support, so wave 4 may have been formed like a zigzag. In this case, bulls are likely going to deliver an upward impulse in wave . If a pullback from 4/8 MM Level happens a little later on, we could have a local bearish correction.

 

More:


Link to comment
Share on other sites

EUR/USD: BULLS WANT TO ATTACK

08:07 15.09.2017

 

Recommendation:

 

BUY 1.1825 SL 1.177 TP1 1.1925 TP2 1.206

 

BUY 1.1925 SL 1.187 TP1 1.206 TP2 1.2155

 

On the daily chart, EUR/USD reached targets of “Three Indians”. If bulls fail to keep the pair above 1.1910, the odds of decline towards the lower border of the long-term uptrend channel and 88.6% target of the “Shark” pattern will increase.

 

1505462810-8afba167b3e7c15d0d5d28d0f3c7b

 

On H1, a break below support at 1.1825 will create a ground for reaching 88.6% target of the “Shark” pattern. On the other hand, successful test of resistance at 1.1925 and the quote’s leaving the uptrend channel will be a signal of the new bullish attack.

 

1505462827-144c086f9efd0dd7367f2818eb875

 

More:


Link to comment
Share on other sites

EUR/GBP: BEARS ORGANIZED A REVERSAL

08:20 15.09.2017

Recommendation:

 

BUY 0.899

 

SL 0.8935

 

TP 0.907 TP2 0.92 TP3 0.93

 

On the daily chart, EUR/GBP formed “Spike and reversal with acceleration” pattern. A break of trendlines allowed bears to develop a correction towards 0.8765-0.8810. In that area, there’s a target of the “Shark” pattern and 50% level of the last long-term bullish wave.

 

1505463589-bc1ce4ebdd72b71af2881b8edc2b5

 

On H1, EUR/GBP reached 261.8% target of AB=CD, that increases the risks of a pullback. At the same time, resistance at 0.8980-0.8985 looks very serious. Only in case of its successful test, bulls will get hope for the resumption of the long-term uptrend. 

 

1505463621-311438cdc50bb0f634d8ee27e47a0

 

More:


Link to comment
Share on other sites

EUR/USD: ON SSB’S SUPPORT

08:23 15.09.2017

 

Technical levels: support – 1.1880; resistance – 1.1970, 1.2000.

 

Trade recommendations:

 

Buy — 1.1920; SL — 1.1900; TP1 — 1.1970; TP2 – 1.200.

Reason: narrow bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are found the support of Senkou Span B and the Bulls may go to upper bounds of the Cloud.

 

1505463791-5974574d0f06c411e972e24d898d2

 

More:


Link to comment
Share on other sites

AUD/USD: AUSSIE CONTINUED CONSOLIDATION IN CLOUD

08:24 15.09.2017

 

Technical levels: support – 0.7965, 0.7985; resistance – 0.8040, 0.8070.

 

Trade recommendations:

 

Buy — 0.8000; SL — 0.7980; TP1 — 0.8040; TP3 — 0.8070.

Reason: narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market supported by Senkou Span B.

 

1505463791-42a68b4bfa2f0515dfbaa054e9dba

 

More:


Link to comment
Share on other sites

EUR/USD: "THORN" PATTERN

10:32 15.09.2017

 

1505471505-f8d11ca7f886c47cf16b08591abdc

 

The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating between the 34 & 55 Moving Averages. So, the market is likely going to continue moving up towards the next resistance at 1.1975 - 1.2003. If a pullback from this area happens, we could have a decline in the direction of the nearest support at 1.1909 - 1.1892.

 

1505471505-8e9085aa83c3cc169c4a3fbf06d92

 

Bears faced with support at 1.1850, so there's a "Thorn" pattern, which pushed the price to resistance at 1.1925. In this case, the market is likely going to reach another resistance at 1.1975 - 1.2003 during the day. However, if we have a pullback from these levels, bears will probably try to catch the closest support at 1.1907 - 1.1892.

 

More:


Link to comment
Share on other sites

GBP/USD: BROKEN "FLAG"

10:35 15.09.2017

 

1505471505-8baf26c1744315e559d9d04d092a5

 

The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless, the price is likely going to continue moving up towards the next resistance at 1.3479, which could be a departure point for a bearish correction.

 

1505471504-2c937dfe9293b4fdd71e27d662bf3

 

The last "Flag" pattern has been broken, so the price is rising. The main bullish target is the closest resistance at 1.3444 - 1.3479. If a pullback from this area happens little later on, there'll be an opportunity to have a downward correction.

 

More:


Link to comment
Share on other sites

EUR/USD: BULLISH "HAMMER" ON 89 MA

11:14 15.09.2017

 

1505473876-88aedd8439092a32dfef0a42b6cfe

 

We've got a bullish "Hammer" on the 89 Moving Average, but the price faced with the nearest resistance. So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.

 

1505473903-8a71990c0d358375e76b65b447e35

 

The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives little later on, there'll be an opportunity to have just another bearish price movement.

 

More:


Link to comment
Share on other sites

USD/JPY: BULLS WENT THROUGH THE "WINDOW"

11:16 15.09.2017

 

1505473876-d99890dd861592be7a643857c1077

 

The 55 Moving Average has acted as support once again, so there's a "Hammer" on this line. Considering confirmation of this pattern, the market is likely going to continue moving up towards the next "Window".

 

1505473876-cd39d2e7e81f24e7e79f98e79421a

 

Bulls went through the "Window" and there isn't any reversal pattern so far. However, we could have a local bearish correction during the day. Nevertheless, the price is likely going to climb even higher afterwards.

 

More:


Link to comment
Share on other sites

EUR/USD: 0/8 MM LEVEL HAS ACTED AS SUPPORT

11:33 15.09.2017

 

1505475117-a2778b3e72f73df63b770c11840a3

 

There's a pullback from 5/8 MM Level, so wave 4 may have been formed. In this case, we could have another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.

 

1505475117-f4f8650bad4a48227968d1e7beaa7

 

0/8 MM Level has acted as support, so the price is rising. It seems like we're going to have an upward impulse in wave in the coming hours. If a pullback from 5/8 MM Level arrives little later on, there'll be an opportunity to have a local bearish correction.

 

More:


Link to comment
Share on other sites

NZD/USD: KIWI IS RESUMING TREND

07:17 18.09.2017

 

Recommendation:

 

BUY 0.7305

 

SL 0.725

 

TP1 0.745 TP2 0.7505

 

On the daily chart, NZD/USD is forming 5-0 senior pattern and the junior “Bat” pattern. Triggering of the latter will increase the risks of continuation towards 88.6%.

 

1505718996-6467c4539d9cfb8852d0c818ebc64

 

On H1, NZD/USD reached targets of the “Widening wedge”. The level of 88.6% of the wave 4-5 (previous buying point) is acting as support. There’s 23.6% level of the wave CD of the inverted “Shark” pattern. Inability of bears to lower the pair below this important support will be a reason for long positions.

 

1505719014-3696dc2326705fd45dfa7b732beb8

 

More:


Link to comment
Share on other sites

AUD/USD IS SETTING A TRAP

07:41 18.09.2017

 

Recommendation:

 

SELL 0.8055

 

SL 0.811

 

TP1 0.802 TP2 0.8005

 

On the daily chart, bulls managed to defend support in the form of the upper border of the triangle and lower border of the uptrend medium-term channel. This increases the chance that the bullish trend will resume towards 200% target of AB=CD.

 

1505720438-1db64c049cc9775b27418fd0e6b08

 

On H1, AUD/USD has many chances to reach the targets of the “Shark” pattern. When it gets to 113% target, there may be selling, however, with moderate targets. When the pair reaches these targets, bulls will likely regain the initiative.  

 

1505720452-ef00342837a633bda01cab6a3fe3e

 

More:


Link to comment
Share on other sites

EUR/USD: "V-BOTTOM" PATTERN

09:00 18.09.2017

 

1505725149-c400af312fb7e9f7da5df9eb2aee8

 

Bulls faced with resistance at 1.1994, so we've got a "V-Bottom" pattern, which pushed the price to the 34 Moving Average. Therefore, the market is likely going to decline towards the nearest support area at 1.1909 - 1.1892. If we have a pullback from these levels, bulls will probably try to test the closest resistance at 1.2029 - 1.2042.

 

1505725149-fa6c5522af998cf59a90ba9ede14a

 

The price is consolidating under resistance at 1.1949. So, the pair is likely going to reach the next support at 1.1907 - 1.1892 in the short term. Meanwhile, if a pullback from this area arrives little later on, there'll be an opportunity to have an upward price movement in the direction of the nearest resistance at 1.1975 - 1.2003.

 

More:


Link to comment
Share on other sites

GBP/USD: BULLISH "FLAG"

09:02 18.09.2017

 

1505725149-9703da3f0c032f03d919fed0a8d88

 

The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach the closest resistance at 1.3652 - 1.3681 soon. However, if a pullback from this area happens, we could have a decline towards the next support at 1.3533.

 

1505725149-40035b089fe2ded826c83a3e00365

 

There's a consolidation, which is taking place on the one hour chart. Also, we've got a bullish "Flag", so the pair is likely going to test the nearest support at 1.3532 during the day. If a pullback from this level happens, there'll be an option to have an upward price movement towards another resistance at 1.3652 - 1.3681.

 

More:


Link to comment
Share on other sites

EUR/USD: BROKEN "WINDOW"

11:11 18.09.2017

 

1505732837-8b91685979b1b3fc11e2499ce5add

 

We've got a "Tweezers" and a "Harami", but confirmation of both patterns is quite weak. So, we could have a local upward price movement and a decline towards the Moving Averages afterwards.

 

1505732838-7d13678de677563690af4a2ec7706

 

The last "Window" has been broken. Also, there isn't any reversal pattern so far, which means the price is likely going to continue moving up. If any bearish pattern arrives later on, there'll be an opportunity to have another decline.

 

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...