Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



FBS.com - Daily/Weekly Analysis / Market News


Recommended Posts

NZD/USD Daily Analytics

08:26 04.12.2017

 

Recommendation:

 

SELL 0.6815 SL 0.6870 TP1 0.6715 TP2 0.6625

 

BUY 0.6935 SL 0.6880 TP1 0.7035 TP2 0.7170

 

On the daily chart, NZD/USD is consolidating in the 0.6820-0.6980 range. A break of its lower border will increase the risks of kiwi going to 127.2% and 161.8% targets of a “Crab”. On the other hand, successful test of resistance at 0.6980 creates grounds for the pair going to 88.6% target of the “Shark” pattern.

 

1512375451-fb9be1d9d65d6402746f6573306cf

 

On H1, a successful test of the neckline of the “Head and Shoulders” will allow the pair to continue its fall. On the other hand, going above 0.6930 will increase the odds of the rally’s continuation.

 

1512375567-3696dc2326705fd45dfa7b732beb8

 

More:


Link to comment
Share on other sites

  • Replies 9.6k
  • Created
  • Last Reply

Top Posters In This Topic

AUD/USD Daily Analytics

11:39 04.12.2017

Recommendation:

 

BUY 0.7640

 

SL 0.7585

 

TP1 0.7750 TP2 0.7895

 

On the daily chart, AUD/USD keeps fighting for the lower border of a long-term uptrend channel. If bulls fail to hold it, the risks of realization of 88.6% target of the senior “Shark” pattern will increase. On the other hand, a break of resistance at 0.7637-0.7640 will trigger the junior “Shark”.

 

1512387489-1db64c049cc9775b27418fd0e6b08

 

On H1, AUD/USD after reaching 78.6% target of a “Shark” pulled back to 88.6%. The second attack of resistance at 0.7635 in case of success will allow bulls to count on the continuation of the rally.

 

1512387506-ef00342837a633bda01cab6a3fe3e

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

13:50 04.12.2017

 

1512395316-1eca2633866aff308ac1bbc22b5a8

 

Bulls faced with resistance at 1.1934 - 1.1938, so there's a "Triple Top" pattern, which has been confirmed. Therefore, the market is likely going to decline towards the nearest support at 1.1808 - 1.1792 in the short term. If a pullback from this area happens little later on, we could have another upward price movement in the direction of the next resistance at 1.1909.

 

1512395316-0069f716ba8251ca229926d50aee7

 

There's a "Triple Top" pattern, which has been confirmed by the last "Breakaway Gap", so the price has broken all the Moving Averages. However, bears faced with support at 1.1836. In this case, the pair is likely going to reach the closest resistance at 1.1897 - 1.1909 in the coming hours.

 

More:


Link to comment
Share on other sites

GBP/USD Daily Analytics

13:52 04.12.2017

 

1512395316-62791b559440548024df65cf06613

 

There's a "Double Top" pattern, which has been confirmed. So, the price is likely going to reach the nearest support at 1.3386 - 1.3363 in the coming hours. If a pullback from this area happens afterwards, there'll be an opportunity to have an upward price movement towards another resistance at 1.3480 - 1.3513.

 

1512395315-86e5015fa7253642273a9bed14565

 

The 55 Moving Average has acted as support, so bulls are likely going to test the 34 MA shortly. If a pullback from this line happens afterwards, bears will probably try to reach the nearest support between the levels 1.3386 - 1.3363.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

13:56 04.12.2017

 

1512395704-a9ac5baf76d2d1a174b777927c872

 

The upper "Window" has acted as resistance once again. Also, there's new "Window". Therefore, the market is likely going to test the 89 Moving Average in the short term.

 

1512395704-ac01f1ef0a8d7b3c06615693502c3

 

The 144 Moving Average is acting as support. Also, there's a bullish "Engulfing", but this pattern hasn't been confirmed yet. So, the pair is likely going to test the lower "Window" in the coming hours.

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

13:58 04.12.2017

 

1512395704-1371f05370987f4d270e9d5c49e96

 

The price has been fixed above the "Window". Also, there isn't any reversal pattern so far. In this case, the price is likely going to continue moving up towards the next "Window".

 

1512395704-d36185502233ff52b35d15c1520df

 

There's a bearish "Engulfing", but this pattern hasn't been confirmed yet. So, we could have just a local correction and the following upward price movement afterwards.

 

More:


Link to comment
Share on other sites

XAU/USD Daily Analytics

07:01 05.12.2017

Recommendation:

 

SELL $1266

 

SL $1281

 

TP1 $1237 TP2 $1212

 

On the daily chart, inability of bulls to conquer resistance at $1299-1302 an ounce with the following return of the price inside the $1266-1288 consolidation range points at buyers’ weakness. As a result, risks of the price reaching 78.6% and 200% targets of “Gartley” and AB=CD increased.

 

1512457206-20c6ebb86722ac92f8a505b7903a9

 

On H1, gold’s going outside of the short-term uptrend channel with the following retest of diagonal resistance confirms that bears are serious.

 

1512457224-e12a637cc937326a9c7981d6dfc46

 

More:


Link to comment
Share on other sites

USD/CAD Daily Analytics

07:08 05.12.2017

Recommendation:

 

SELL 1.2655

 

SL 1.271

 

TP1 1.2555 TP2 1.2495

 

On the daily chart, USD/CAD formed a “Shakeout-Fakeout” pattern with a false break of an upper border of a triangle. As a result, the pair went outside of the uptrend channel. Such dynamics increases the risks of it sliding to 88.6% target of the “Bat” pattern.

 

1512457638-1430b06b52ccdf0a9e951da313446

 

On H1, USD/CAD is finishing a “Widening wedge” pattern. A pullback to 23.6% with the following return to point 5 means that bears are serious.

 

1512457652-5c726ce87bf89e31cdcfbd4c37b26

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

08:02 05.12.2017

Technical levels: support – 1.1830; resistance – 1.1880, 1.1960.

 

Trade recommendations:

 

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

Sell — 1.1850; SL — 1.1870; TP1 — 1.1760.

Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are under strong resistance of Kijun-sen and Senkou Span A.

 

1512460949-5974574d0f06c411e972e24d898d2

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

08:03 05.12.2017

Technical levels: support – 112.25; resistance – 113.00.

 

Trade recommendations:

 

Buy — 112.25; SL — 112.00; TP1 — 113.00; TP2 — 113.50.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with rising Kijun-sen; the market is in consolidation inside a Cloud and may supported by Tenkan and Kijun.

 

1512460949-3dcc4d3b0e9d38341d309e86e7227

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

12:16 05.12.2017

 

1512476094-ad222290767e279ac08a7efa1b234

 

Bears faced with support at 1.1826, so the price is consolidating. However, the market is likely going to continue declining towards the next support at 1.1808 - 1.1792. If a pullback from this area happens, we could have an upward correction in the direction of the nearest resistance at 1.1859 - 1.1909.

 

1512476094-56ff9f91ed6805882c03b34cf9d39

 

There's a "Double Bottom", so the price is consolidating. The main intraday target is the nearest support at 1.1808 - 1.1792. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement towards the closest resistance at 1.1871 - 1.1890.

 

More:


Link to comment
Share on other sites

GBP/USD Daily Analytics

12:19 05.12.2017

 

1512476094-00974885ea2fb002742c6354b73fe

 

We've got a confirmed "Double Top", so the market is likely going to test the nearest support at 1.3363 - 1.3336. Meanwhile, if a pullback from this area happens, we could have another upward price movement towards the next resistance at 1.3454 - 1.3480.

 

1512476093-55925323c1da08ce4441e647f10f2

 

There's a developing downward correction. The main intraday target is the closest support at 1.3336 - 1.3309. If a pullback from this area happens, bulls will probably try to test another resistance between the levels 1.3408 - 1.3430.

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

12:31 05.12.2017

 

1512476447-12a633cb579d74df43bf267d9ebdf

 

There's a bearish "Tweezers" pattern, which has been confirmed. So, the price is likely going to test the nearest Moving Averages. If a pullback from these lines happens little later on, there'll be an opportunity to have a local bullish price movement.

 

1512476447-655fdff55226f62f0a7856f460f76

 

We've got a bullish "Engulfing", which has been formed on the 34 Moving Average. However, the market is likely going to test the 55 MA, which could be a departure point for an upward price movement.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

12:28 05.12.2017

 

1512476447-6aea475d53399d6dba58b3ad33311

 

There's a possible "High Wave" pattern, which has been formed at the last local low. However, the nearest "Window" is acting as resistance, so the 89 Moving Average is likely going to act as support. If so, there'll be an opportunity to have another bullish price movement.

 

1512476447-e4264b76204e176f971724d7e9444

 

The price is consolidating between the Moving Averages, so the market is likely going to test the upper "Window". If a pullback from this level happens, we could have another decline towards the lower "Window".

 

More:


Link to comment
Share on other sites

USD/CHF Daily Analytics

07:03 06.12.2017

Recommendation:

 

BUY 0.9850

 

SL 0.9795

 

TP1 0.993 TP2 0.9975

 

On the daily chart, USD/CHF bulls managed to keep the pair above important convergence area of 0.9775-0.9800 and counterattacked. A successful test of resistance at 0.9880-0.9890 and 0.9940 will increase the risks of continuation up to 200% target of AB=CD.

 

1512543753-a5903a7f3cf43bc4f33886526fd84

 

On H1, USD/CHF reached the targets of “Wolfe waves” pattern. A break of the upper border of the descending trend channel with the following retest create grounds for reaching 88.6% and 113% targets of the “Shark”.

 

1512543769-351a015a31e5fdb2fee97b43bc66a

 

More:


Link to comment
Share on other sites

GBP/USD Daily Analytics

07:14 06.12.2017

Recommendation:

 

SELL 1.3520

 

SL 1.3575

 

TP1 1.342 TP2 1.332

 

On the daily chart, the inability of bulls to get above resistance at 1.3520 and 1.3585 points at their weakness. As long as GBP/USD is trading below 1.3605, risks of consolidation are rising. If this level is breached, the possibility of the uptrend’s resumption will go up.

 

1512544414-b6b56ed02b1869ac79ae2067aff9c

 

On H1, one may use rebound strategies. If the pair reaches 88.6% target of the “Bat” with the following recoil of the descending channel’s upper border, this will trigger “Three Indians” pattern and be a signal for selling.

 

1512544444-eaec8f61edb51b022cc992c13c279

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

12:19 06.12.2017

 

1512562722-7d84b04e93f612d6ba447b8c16a3b

 

There's a new local low, but the price is consolidating between the Moving Averages. The main intraday target is the nearest support at 1.1792 - 1.1756. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1879 - 1.1909.

 

1512562722-289fb237d9fd77d2d9d78dc1642a1

 

We've got a "V-Top", which has been formed under the Moving Averages. In this case, the market is likely going to decline towards the next support at 1.1792 during the day. Meanwhile, if we see a pullback from this level, bulls will probably try to test the nearest resistance at 1.1836 - 1.1859.

 

More:


Link to comment
Share on other sites

GBP/USD Daily Analytics

12:21 06.12.2017

 

1512562722-773f9f59ada411bc6f68655afa92b

 

Bears faced with support at 1.3363, so the price is consolidating. Also, there's a "Double Top" pattern, so the pair is likely going to decline in the direction of the closest support at 1.3336. If we have a pullback from this level, there'll be a moment to have a bullish price movement towards the nearest resistance between the levels 1.3454 - 1.3480.

 

1512562722-1a17b8b29fc883f33ccd09d8c3c17

 

The price is consolidating between the 34 & 89 Moving Averages. The main intraday target is the next support at 1.3336. If a pullback from this level happens little later on, we could have an upward price movement towards another resistance at 1.3430 - 1.3454.

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

12:24 06.12.2017

 

1512562971-b334ab863db5a27e605ca4d7a53a0

 

The 34 Moving Average has acted as resistance, but there's still no any reversal pattern. Therefore, the market is likely going to test the 144 MA, which could be a departure point for a bullish price movement towards the nearest "Window".

 

1512562971-a40b2517614bba13b6cb45b88b523

 

There's support by the lower "Window", so we could have a local upward correction in the coming hours. Nevertheless, bears are likely going to deliver a new local low afterwards.

 

More:


Link to comment
Share on other sites

USD/JPY Daily Analytics

12:25 06.12.2017

 

1512562972-7a3d96932c7ef7b3b2a8f82a6de3b

 

We've got a "Shooting Star", which has been confirmed. Also, all the Moving Averages have been broken. In this case, the pair is likely going to test the nearest support area in the short term.

 

1512562972-90bd3ad9a156294b125fb29e8ff76

 

There are bullish patterns such an "Engulfing" and a "Harami". Therefore, the price is likely going to test the Moving Averages soon. If a pullback from these lines happens, there'll be an opportunity to have another decline.

 

More:


Link to comment
Share on other sites

EUR/JPY Daily Analytics

07:10 07.12.2017

Recommendations:

 

BUY 134.00 SL 133.45 TP1 135 TP2 138

 

SELL 131.5 SL 132.05 TP1 129 TP2 128.2

 

On the daily chart, EUR/JPY there are “Shakeout-fakeout” and “Spike and ledge” patterns. Other tests of resistance at 133.95-134 or support at 131.50 will increase the risks of the pair getting to 200% and 88.6% targets of AB=CD and the “Bat”.

 

1512630446-8afba167b3e7c15d0d5d28d0f3c7b

 

On H1, there are the “Widening wedge” and “Wolfe waves”. To resume the long-term uptrend the pair needs a successful test of resistance at 134. To develop correction the euro should break below 131.50.

 

1512630481-144c086f9efd0dd7367f2818eb875

 

more:


Link to comment
Share on other sites

USD/JPY Daily Analytics

07:19 07.12.2017

Recommendation:

 

BUY 113.00

 

SL 112.35

 

TP1 113.90 TP2 115.40

 

On the daily chart, USD/JPY retraced 50% of the wave CD in line with the transformation of the “Shark” into 5-0. Another test of resistance at 113 in case of success will increase the odds of the rally’s continuation towards 113% target of the senior “Shark”.

 

1512631090-3297c54597baddc0779dab87f7356

 

On H1, the junior “Shark” pattern is transforming into 5-0. To develop correction to the short-term downtrend with its following break bulls need to conquer resistance at 112.80-113 and at 113.25.

 

1512631129-1f50b4d918123f905c31c70a9dfda

 

More:


Link to comment
Share on other sites

GBP/JPY Daily Analytics

09:14 07.12.2017

GBP/JPY reversed from resistance zone

Next sell target - 147.50

GBP/JPY continues to fall inside the minor impulse wave (i) – which belongs to the C-wave of the intermediate ABC correction (B) from the middle of September. The active C-wave started earlier – when the pair reversed down from the resistance zone lying at the intersection of the major resistance level 152.50, upper daily Bollinger Band the resistance trendline of the daily up channel from April. GBP/JPY is expected to fall to the next sell target at the next strong support level 147.50.

 

GX5ddsh.png

 

More:


Link to comment
Share on other sites

EUR/JPY Daily Analytics

09:13 07.12.2017

EUR/JPY reversed from resistance zone

Next sell target - 131.70

EUR/JPY recently reversed down from the resistance zone lying between the strong resistance level 134.50 (which reversed the previous upward waves (i) and (B), as can be seen below) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous minor impulse wave i. EUR/JPY is expected to fall to the next sell target at the next support level 131.70 (which has been reversing the pair from the end of September).

 

GX5cLZu.png

 

More:


Link to comment
Share on other sites

EUR/USD Daily Analytics

11:41 07.12.2017

 

1512646830-4d7c8d58e0f5582f972a2ab20e30d

 

Bears faced with support at 1.1772, so the price is consolidating. Nevertheless, the market is likely going to reach the next support at 1.1756 - 1.1734 in the short term. If a pullback from this area happens, there'll be an opportunity to have an upward price movement towards the next resistance at 1.1826 - 1.1859.

 

1512646830-a8faed94ef61f8fcb5383b21587c7

 

The price is consolidating between the levels 1.1772 - 1.1808. Also, there's a "Flag" pattern, so bears are likely going to test the closest support area at 1.1756 - 1.1734. Meanwhile, if a pullback from these levels happens, bulls will probably try to achieve another resistance at 1.1826 - 1.1836.

 

 

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...