riki143 Posted March 19, 2018 Share Posted March 19, 2018 GBP/USD Daily Analytics 10:56 19.03.2018 There's a bullish "Flag", so the market is likely going to test the next resistance at 1.3996 - 1.4069. This area could be a starting point for a decline towards another support at 1.3928 - 1.3888. The price is still consolidating in a range of the developing "Flag" pattern. Also, there's a pullback from the Moving Averages, so the pair is likely going to test the closest resistance at 1.3996 - 1.4023 in the short term. More: https://goo.gl/joz4TP Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 19, 2018 Share Posted March 19, 2018 EUR/USD Daily Analytics 10:58 19.03.2018 The main trend is still bullish, but there's a "V-Bottom" pattern, so the market is likely going to test the Moving Averages. If a pullback from these lines happens little later on, there'll be a moment for another decline. There're two "V-Bottom" patterns in a row, so it's time for a bullish correction. The main intraday target is the nearest resistance area at 1.2313, which could be a departure point for a decline in the direction of the next support at 1.2254 - 1.2233. More: https://goo.gl/rDDTZk Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 19, 2018 Share Posted March 19, 2018 USD/JPY: FOREX OUTLOOK 08:48 19.03.2018 More: https://goo.gl/tPnmQY The yen is appreciating against the greenback again. Despite attempts of the US dollar to return its positions, news from the White House did not let the greenback to recover. Worries about the Trump’s protectionism and trade wars were reinforced by the replacements in the White House. The US President fired the Secretary of State Rex Tillerson and appointed the ex-director of CIA Mike Pompeo to this position. Both economic and political international policy of the US may become tighter. A new White House economic adviser announced a tougher policy in regard to China. Today the dollar weakened further as investors considered the implications of continuing personnel turmoil in the Trump administration. According to the Washington Post, Mr. Trump plans to remove his national security adviser. Now the pair has come to 61.8 Fibonacci Retracement, if it is able to break it, the next support lies at 105.5. However, there are chances that the greenback will find the support next week and the direction of USD/JPY will finally change. On next Wednesday we anticipate the US rate’s hike. According to forecasts, the Fed will raise the interest rate to 1.75%. Furthermore, a scandal with Japanese finance minister that is related to the school land sale still puts pressure on the yen. If there is an escalation of the scandal, the yen will weaken. That is not so bad for the Japanese currency because the dollar’s plunge below 105 will be critical for the yen and the Bank of Japan policy. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 19, 2018 Share Posted March 19, 2018 GBP/USD: BULLISH "FLAG" PATTERN 10:56 19.03.2018 More: https://goo.gl/cUVypL There's a bullish "Flag", so the market is likely going to test the next resistance at 1.3996 - 1.4069. This area could be a starting point for a decline towards another support at 1.3928 - 1.3888. The price is still consolidating in a range of the developing "Flag" pattern. Also, there's a pullback from the Moving Averages, so the pair is likely going to test the closest resistance at 1.3996 - 1.4023 in the short term. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 19, 2018 Share Posted March 19, 2018 Last day registration - Make sure you are in to win MONEY prizes! Participate in next FBS Pro; trade on a demo account and win money prizes! Join the challange NOW https://goo.gl/WKZ9S6 Simple easy steps, Zero-Risk trading : ٌRegister your Demo Account until: 2018-03-19 Recieve a $10.000 demo account with leverage 1:100 The 5 best traders will get cash prizes of $1000 ⌛ This contest will take place from 2018-03-19 to 2018-03-30 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 19, 2018 Share Posted March 19, 2018 FBS Video Lessons In this video Tutorial LESSON 14. DEFINITIONS: TREND, CORRECTION, REVERSAL, SUPPORT, RESISTANCE It’s important to determine the trend because trading in the direction of the trend (buy during the uptrend and sell during the downtrend) is less risky and more profitable. As traders say, a trend is your friend. Learn more https://goo.gl/pa2bMU Do not forget to chose your language from the video's subtitles Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 USD/CAD Daily Analytics 06:54 20.03.2018 Recommendation: BUY 1.2960 SL 1.2905 TP1 1.3060 TP2 1.3250 TP3 1.3350 On the daily chart of USD/CAD, the pair reached 113% and 127.2% targets of “Shark” and AB=CD. This increases the risk of a correction. At the same time, as long as the pair remains above 1.2915, bulls are in total control of the situation. On H1, there’s a sustainable uptrend. The pair’s confidently moving towards 161.8% target of AB=CD. In case of a pullback with the following recovery from support levels at 1.3000 and 1.2960, traders will have a chance to open long positions. More: https://goo.gl/ECB3D5 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 XAU/USD Daily Analytics 07:15 20.03.2018 Recommendations: BUY 1302 SL 1287 TP1 1.332 TP2 1340 TP3 1365 On the daily chart of XAU/USD, there is consolidation in the range of 1302-1340 within the “Spike and ledge” pattern on the base of 1-2-3. A break of the bottom line will increase risks of decline to the 88.6% target of the “Bat” pattern. Vice versa, a successful hit of the resistance at 1340 may lead to a recovery of the uptrend. On H1, a realization of “Head and shoulders” and AB=CD patterns is continuing. If the pair reaches the 161.8% target of the AB=CD pattern, reversal risks will increase. More: https://goo.gl/Txae7V Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 AUD/USD Daily Analytics 07:20 20.03.2018 Technical levels: support – 0.7690; resistance – 0.7740, 0.7780 Trade recommendations: Buy — 0.7700; SL — 0.7680; TP1 — 0.7740; TP2 — 0.7780. Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market is oversold and aussie may go to Tenkan-sen in correctional movement. More: https://goo.gl/nbMcDv Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 USD/JPY Daily Analytics 07:22 20.03.2018 Technical levels: support – 105.80; resistance – 106.25. Trade recommendations: Buy — 106.30; SL — 106.10; TP1 — 107.50; TP2 — 107.80. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the market is breaking out the resistance of Tenkan-sen and Kijun-sen. More: https://goo.gl/E7WTEF Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 EUR/USD Daily Analytics 12:13 20.03.2018 There're bearish patterns such a "Tower" and a "Shooting Star", which both have been confirmed. So, the market is likely going to test the 144 Moving Average, which could be a departure point for another bullish price movement. The last bearish "High Wave" pattern led to the current decline. It's likely that the pair is going to test the next support area in the short term. If any reversal pattern forms afterwards, bulls will probably try to deliver an upward price movement. More: https://goo.gl/dH88Xq Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 USD/JPY Daily Analytics 12:15 20.03.2018 The pair has been rising since the last "Engulfing" pattern formed. The main target is the 89 Moving Average. If a pullback from this line happens little later on, there'll be a moment for another decline. There's a bearish "High Wave" pattern, which hasn't been confirmed yet. So, if a pullback from the Moving Averages happens, bulls are likely going to test the upper "Window". More: https://goo.gl/ncX2VK Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 USD/JPY: MAIN TARGET IS 89 MA 12:15 20.03.2018 More: https://goo.gl/tcsdvZ The pair has been rising since the last "Engulfing" pattern formed. The main target is the 89 Moving Average. If a pullback from this line happens little later on, there'll be a moment for another decline. There's a bearish "High Wave" pattern, which hasn't been confirmed yet. So, if a pullback from the Moving Averages happens, bulls are likely going to test the upper "Window". Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 EUR/USD: BEARISH "HIGH WAVE" PATTERN 12:13 20.03.2018 More: https://goo.gl/Hij5fh There're bearish patterns such a "Tower" and a "Shooting Star", which both have been confirmed. So, the market is likely going to test the 144 Moving Average, which could be a departure point for another bullish price movement. The last bearish "High Wave" pattern led to the current decline. It's likely that the pair is going to test the next support area in the short term. If any reversal pattern forms afterwards, bulls will probably try to deliver an upward price movement. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 SCALPING STRATEGIES These trading strategies are designed only for those who prefer entering market frequently and taking small profits each time. The scalping strategies should be employed on the lowest time frames available on the Metatrader 4 (1-minute and 5-minute time frames would be perfect). In this article you will learn two proven successful strategies: Rapid-fire strategy and Piranha strategy https://goo.gl/ioTBdB Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 20, 2018 Share Posted March 20, 2018 How to defeat the fear in forex trading? ➡ https://goo.gl/fBsFLe There are several trading fears everyone will most likely experience during their trading ascent to success. Read in this interesting and helpful blog form FBS the best ways to overcome them. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 USD/CHF Daily Analytics 06:49 21.03.2018 Recommendation: BUY 0.9520 SL 0.9465 TP1 0.9620 TP2 0.9720 TP3 0.9770 On the daily chart of USD/CHF, bulls managed to settle above an important level of 0.9510. This indicates their strength and allows to expect an advance to 88.6% target of the “Shark” pattern. To begin with, however, the pair needs to get out of the descending channel. On H1, there’s a sustainable uptrend. Pullbacks to support at 0.9520 and 0.9480 should be used for buying with targets at 161.8% and 200% of AB=CD. More: https://goo.gl/irW7yv Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 GBP/USD Daily Analytics 07:31 21.03.2018 Recommendations: BUY 1.4065 SL 1.401 TP1 1.4165 TP2 1.4225 On the daily chart of GBP/USD, there was a natural pullback after the pair reached the 88.6% target of the subsidiary “Shark” pattern. An inside bar was formed. A break of the resistance at 1.4065 will increase risks of the rally’s continuation to the 88.6% target of the parent “Shark” pattern. On H1, the formation of the reversal “Three Indians” pattern endangered the implementation of “Wolfe Waves” and “Shark” patterns. To continue the uptrend, bulls need to break the resistance at 1.4065. More: https://goo.gl/urPabh Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 EUR/USD Daily Analytics 14:27 21.03.2018 There's a bullish "Harami", which has been confirmed, so the market is likely going to test the Moving Averages soon. If a pullback from these lines happens little later on, there'll be an opportunity to have another decline. We've got a bearish "High Wave", so the pair is likely going to test the lower "Window" once again. A pullback from this level will be a departure point for an upward price movement towards the Moving Averages. More: https://goo.gl/ndmi4T Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 USD/JPY Daily Analytics 14:28 21.03.2018 There's a "Shooting Star" pattern, which has been formed on the 55 Moving Average, so we're likely going to have a local bearish correction. Nevertheless, bulls will probably try to test the 89 MA afterwards. The price is consolidating along the Moving Averages. It's likely that bears are going to test the nearest support once again. If we have another pullback from this level, there'll be a moment to have an upward price movement in the direction of the upper "Window". More: https://goo.gl/2YPszj Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 GBP/USD: THE POUND DREW AN INSIDE BAR 07:31 21.03.2018 More: https://goo.gl/zKyhLS Recommendations: BUY 1.4065 SL 1.401 TP1 1.4165 TP2 1.4225 On the daily chart of GBP/USD, there was a natural pullback after the pair reached the 88.6% target of the subsidiary “Shark” pattern. An inside bar was formed. A break of the resistance at 1.4065 will increase risks of the rally’s continuation to the 88.6% target of the parent “Shark” pattern. On H1, the formation of the reversal “Three Indians” pattern endangered the implementation of “Wolfe Waves” and “Shark” patterns. To continue the uptrend, bulls need to break the resistance at 1.4065. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 USD/CHF: FRANC IS LOSING GROUND 06:49 21.03.2018 More: https://goo.gl/9EqUge Recommendation: BUY 0.9520 SL 0.9465 TP1 0.9620 TP2 0.9720 TP3 0.9770 On the daily chart of USD/CHF, bulls managed to settle above an important level of 0.9510. This indicates their strength and allows to expect an advance to 88.6% target of the “Shark” pattern. To begin with, however, the pair needs to get out of the descending channel. On H1, there’s a sustainable uptrend. Pullbacks to support at 0.9520 and 0.9480 should be used for buying with targets at 161.8% and 200% of AB=CD. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 Important Economic Events The Federal Reserve is expected to raise interest rates at least three times this year. The firm economic growth and inflation in the United States give the central bank reasons to increase the interest rate this time. If the Fed raises the rate, it will support the dollar that has been suffering for a long time. On the other hand, the absence of a rate hike will be a big disappointment and lead to a selloff in the USD. The Fed’s decision will be known Today at 20:00 MT time. Follow this event in the FBS economic Calendar https://goo.gl/ocsPGD Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 21, 2018 Share Posted March 21, 2018 Trading Schedule Changes https://goo.gl/MHhJBn Important trading schedule changes due to Daylight Saving Time! Check out the full schedule of changes and plan your trading accordingly. FBS is always by your side. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Share Posted March 22, 2018 EUR/USD Daily Analytics 01:03 22.03.2018 The last "Double Bottom" led to the current upward price movement. It's likely to have a local bearish correction during the day. The main intraday target is the next resistance at 1.2383 - 1.2396. More: https://goo.gl/fFSZ5D Quote Link to comment Share on other sites More sharing options...
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