riki143 Posted August 9, 2017 Share Posted August 9, 2017 EUR/USD: CONSOLIDATION IN A TINY RANGE 14:44 09.08.2017 There's a bearish correction, which is taking place on the four-hours chart. The last bullish "High Wave" pattern hasn't been confirmed yet, so the market is likely going to test the 55 Moving Average in the short term. The price is still consolidating in a tiny range of bullish and bearish patterns. If the 34 Moving Average acts as resistance, we're likely going to have a new local low shortly. More: https://fbs.com/analytics/articles/eur_usd%3a_consolidation_in_a_tiny_range_2846 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2017 Share Posted August 9, 2017 USD/JPY: BROKEN "WINDOW" 14:47 09.08.2017 We've got a new local low, but there isn't any reversal pattern so far. So, bears are likely going to test the "Window's" lower side. If any bullish pattern arrives afterwards, there'll be an opportunity to have a bullish price movement towards the Moving Averages. The nearest "Window" has been broken, so the pair is still declining. The last bearish patterns haven't been confirmed, so we could have the price even lower during the day. More: https://fbs.com/analytics/articles/usd_jpy%3a_broken_%22window%22_2847 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 EUR/USD: "THORN" PATTERN 10:31 10.08.2017 The pair is consolidating near the 55 Moving Average. It's likely that the price is going to test the nearest support at 1.1649 in the short term. If a pullback from this level happens afterwards, there'll be an opportunity to have a bullish price movement towards the nearest resistance at 1.1757 - 1.1801. Bears faced support at 1.1683, so there's a "Thorn" pattern, which pushed the price higher. The main intraday target is the nearest resistance at 1.1757 - 1.1776. However, if we see a pullback from this area, bears will probably try to reach another support at 1.1649. More: https://fbs.com/analytics/articles/eur_usd%3a_%22thorn%22_pattern_2873 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 GBP/USD: BEARISH "FLAG" 10:34 10.08.2017 There's a consolidation, which is taking place near the 89 Moving Average. Also, there's a possible developing "Flag" pattern, so bears are likely going to reach the nearest support at 1.2932 soon. If a pullback from this level arrives little later on, there'll be an option to have a bullish price movement towards the closest resistance at 1.2982 - 1.2997. We've got a bearish "Flag", so the market is likely going to test the upper side of this pattern. If a pullback from the nearest resistance at 1.2997 - 1.3013 happens afterwards, we should keep an eye on the next support at 1.2958 - 1.2932 as an intraday target. More: https://fbs.com/analytics/articles/gbp_usd%3a_bearish_%22flag%22_2874 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 GOLD: BULLS PUSH PRICES UP 11:10 10.08.2017 Recommendation: SELL $1270, SL $1278, TP1 $1250, TP2 $1230 On the daily chart, bulls made a second attempt during the 2 weeks to return the prices inside the previous rising channel. If it succeeds, the odds of an increase at least towards $1295 an ounce will sharply increase. On the other hand, recoil down from $1277-1279 will make gold consolidate. On H1, the inability of bulls to hold the prices above $1270 ?an ounce will show their weakness. As a result, risks of reversal patterns Anti-Turtles and “Widening wedge” will increase. More: https://fbs.com/analytics/articles/gold%3a_bulls_push_prices_up_2876 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 USD/CHF: BEARS PREPARE TO ATTACK 11:30 10.08.2017 Recommendation: BUY 0.9740 SL 0.9685 TP1 0.9840 TP2 0.9890 On the daily chart, USD/CHF reached the target of “Wolfe waves” pattern. After this, there was a correction to the short-term uptrend. A recoil from the lower border of the bullish trend channel and the pair’s settling above 0.9650 will return the initiative to buyers. On H1, there are senior and junior “Shark” patterns. The most likely scenarios are: decline to the recent low and continuation of the fall towards 0.9470 or correction to the wave CD. Think about bullish positions if USD/CHF breaks above 0.9740 and 0.9755. More: https://fbs.com/analytics/articles/usd_chf%3a_bears_prepare_to_attack_2878 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 EUR/USD: BEARISH "SHOOTING STAR" 16:04 10.08.2017 The 55 Moving Average has acted as support, but there isn't any bullish pattern so far. So, we could have a new local low soon. If we have another pullback from the 55 MA, there'll be an opportunity to have an upward price movement. The price is still consolidating. We've got a bearish "Shooting Star", so bears are likely going to break the last low soon. If any bullish pattern arrives later on, bulls will probably try to test the Moving Averages. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22shooting_star%22_2889 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2017 Share Posted August 10, 2017 USD/JPY: "ENGULFING" AND "DOJI" 16:07 10.08.2017 There's a bearish "High Wave", which has been confirmed. So, the price is likely going to continue moving down towards the lower "Window", which could be a departure point for a bullish correction. We've got bearish patterns such an "Engulfing" and a "Doji", which both have been confirmed. In this case, the pair is going to decline in the direction of the closest support level. More: https://fbs.com/analytics/articles/usd_jpy%3a_%22engulfing%22_and_%22doji%22_2890 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 GBP/USD: POUND IS IN CONSOLIDATION UNDER CLOUD 08:22 11.08.2017 Technical levels: support – 1.2980; resistance – 1.3000, 1.3090. Trade recommendations: Sell — 1.2980; SL — 1.3000; TP1 — 1.2910; TP2 — 1.2870. Buy — 1.3010; SL — 1.2090; TP1 — 1.3090; TP2 — 1.3140. Reason: bearish Ichimoku Cloud with horizontal borders; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel of the lines; the bears can’t breaking down the support of 1.2980. More: https://fbs.com/analytics/articles/gbp_usd%3a_pound_is_in_consolidation_under_cloud_2902 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 AUD/USD: AUSSIE TESTED SSB’S SUPPORT 08:23 11.08.2017 Technical levels: support – 0.7820/30; resistance – 0.7910. Trade recommendations: Buy — 0.7850/60; SL — 0.7830; TP1 — 0.7910; TP3 — 0.7950. Reason: bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and can bounce off to SSA. More: https://fbs.com/analytics/articles/aud_usd%3a_aussie_tested_ssb%E2%80%99s_support_2903 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 GBP/USD: WEDGE HELPED BULLS 10:26 11.08.2017 Recommendation: BUY 1.3025 SL 1.2970 TP1 1.3150 TP2 1.3250 SELL 1.2960 SL 1.3015 TP 1.2850 On the daily chart, GBP/USD formed junior and senior “3 Indians”. As a result, the pair declined to support at 1/2965. The break will strengthen the risks of a pullback towards the lower border of an uptrend channel. On H1, GBP/USD is consolidating in the 1.2960-1.3025 area. A successful test of its lower border will allow expecting a continuation of correction towards 88.6% target of the “Shark” pattern. On the contrary, if there’s a “widening wedge”, the odds of the uptrend’s resumption will increase. More: https://fbs.com/analytics/articles/gbp_usd%3a_wedge_helped_bulls__2906 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 EUR/JPY: BEARS PREPARE A DECLINE 10:41 11.08.2017 On the daily chart, EUR/JPY the break of diagonal support (lower border of the uptrend channel) was a signal for correction towards 88.06% target of the “Shark” pattern. However, bears have to meet 2 conditions. Firstly, hold the pair below 128.50. Secondly, pull it below support at 127.50. H1, EUR/JPY is moving towards 224% and 88.6% targets of “Shark” pattern. They correspond to 127 and 123.40. To resume the uptrend, bulls have to return the euro above 129.50. More: https://fbs.com/analytics/articles/eur_jpy%3a_bears_prepare_a_decline_2907 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 EUR/USD: PRICE BROKE THE "WEDGE" 11:20 11.08.2017 The price has broken the upper side of a "Wedge" pattern. So, the market is likely going to test the nearest resistance at 1.1846 - 1.1875 in the coming hours. If a pullback from these levels happens, there'll be an opportunity to have a decline towards the 34 Moving Average. All the Moving Averages lines have been broken, so the price is consolidating. It seems like we've got a developing "Flag" pattern. In this case, we should keep an eye on the next resistance at 1.1823 - 1.1845 as an intraday bullish target. More: https://fbs.com/analytics/articles/eur_usd%3a_price_broke_the_%22wedge%22_2910 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 GBP/USD: DEVELOPING "TRIANGLE" 11:22 11.08.2017 The price is consolidating near the 89 Moving Average. Also, there are two bullish "Thorn" patterns in a row, so the pair is likely going to test the closest resistance at 1.3032 - 1.3047 in the coming hours. If a pullback from these levels happens little later on, there'll be an option to have a downward price movement towards the next support at 1.2982 - 1.2951. We've got a "Triangle", so the price is likely going to test the lower side of this pattern in the short term. If a pullback from this level is on the table, bulls will probably try to achieve the nearest resistance at 1.3032 - 1.3047 shortly. More: https://fbs.com/analytics/articles/gbp_usd%3a_developing_%22triangle%22_2911 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 EUR/USD: BEARISH "SHOOTING STAR" AND "DOJI" 15:16 11.08.2017 The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed. So, the pair is likely going to continue declining until any bullish pattern forms. There're bearish patterns such a "Shooting Star" and a "Doji", which both have been confirmed. However, we've got a bullish "Inverted Hammer", so there's an opportunity to have a local upward correction. Anyway, bears are likely going to test the next support afterwards. More: https://fbs.com/analytics/articles/eur_usd%3a_bearish_%22shooting_star%22_and_%22doji%22_2913 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 USD/JPY: BULLISH "DOJI" 15:19 11.08.2017 The "Window" has been broken, but there's a bullish "Doji", which hasn't been confirmed yet. It's likely that the pair is going to test the nearest resistance. If a pullback from this level happens, we could have just another decline. We've got a "Harami" and a "Tweezers" patterns. In this case, the pair is likely going to test the Moving Averages in the short term. However, if a pullback from these lines arrives afterwards, there'll be an option to have a decline in the direction of the nearest support. More; https://fbs.com/analytics/articles/usd_jpy%3a_bullish_%22doji%22_2914 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 EUR/USD RISING INSIDE MINOR (-WAVE 19:57 11.08.2017 EUR/USD rising inside minor (-wave Next buy target - 85.70 EUR/USD continues to rise inside the minor (-wave which started earlier – when the pair reversed up from the combined support zone lying between the support level 1.1700 and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of July. EUR/USD is expected to rise further to next buy target at the next resistance level 85.70 (high of the impulse wave (i) and the target price calculated for the completion of the active wave (). More: https://fbs.com/analytics/articles/eur_usd_rising_inside_minor_%28b%29_wave_2922 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 11, 2017 Share Posted August 11, 2017 EUR/GBP REACHED BUY TARGET 0.9100 19:59 11.08.2017 EUR/GBP reached buy target 0.9100 Next buy target - 0.9200 EUR/GBP continues to rise inside the minor impulse wave (iii), which earlier reversed up from the round support level 0.9000 (former strong resistance level which stopped the previous minor impulse wave (i) in the middle of July, as can be seen from the daily EUR/GBP chart below). The price today reached the resistance level 0.9100 (which was set as the buy target in our previous forecast for this pair). EUR/GBP is expected rise to next buy target at the next resistance level 0.9200. More: https://fbs.com/analytics/articles/eur_gbp_reached_buy_target_0.9100_2923 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 GOLD (XAU/USD): $1300 AS THE NEXT TARGET? 03:31 14.08.2017 The precious metal has been strong across the Forex market and it’s consolidating gains well above the $1290 level. So far, according to the H1 chart, a bullish crossover is happening with the 50 and 200 SMA, which reinforces the bullish idea in the gold. However, because of the solid rise, we can expect a decline to correct the overall structure towards the 50% Fibonacci retracement level at $1271.82. Above that area, if XAU/USD holds that level and rebounds, we can expect a rally to test the -23.6% Fibonacci level at $1301.87 in a first degree. RSI indicator is overbought and calling for another leg lower, before to resume the bullish bias. More: https://fbs.com/analytics/articles/gold_%28xau_usd%29%3a_%241300_as_the_next_target__2928 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 EUR/USD: BULLS RETURNED TO POSITIVE AREA 09:36 14.08.2017 Technical levels: support – 1.1780; resistance – 1.1820. Trade recommendations: Buy — 1.1830; SL — 1.1810; TP1 — 1.1900; TP2 – 1.1930. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen, but horizontal Tenkan-sen and Kijun-sen; the market returned into the positive area and will supported by the Cloud. More: https://fbs.com/analytics/articles/eur_usd%3a_bulls_returned_to_positive_area_2933 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 AUD/USD: AUSSIE TRIED TO BREAKOUT SSA’S RESISTANCE 09:37 14.08.2017 Technical levels: support – 0.7880; resistance – 0.7930. Trade recommendations: Buy — 0.7890; SL — 0.7870; TP1 — 0.7930; TP3 — 0.7990. Reason: irregular bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the prices are on the support of Tenkan-sen and Kijun-sen. More: https://fbs.com/analytics/articles/aud_usd%3a_aussie_tried_to_breakout_ssa%E2%80%99s_resistance_2934 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 USD/JPY: YEN WANTS TO COME BACK 10:48 14.08.2017 On the daily chart, USD/JPY bulls are trying to return the pair inside the triangle. If they manage to do it, successful test of resistance at 110.52 will strengthen the risks of correction towards the upper border of the downtrend channel. On the other hand, if bulls fail, bears will be able to keep pulling the pair down to 108 and then 104 (161.8% target of AB=CD). On H1, the pair left the descending trend channel and is now testing resistance at 109.62. A successful test will strengthen the odds of 88.6% target of “Shark” pattern. More: https://fbs.com/analytics/articles/usd_jpy%3a_yen_wants_to_come_back_2938 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 NZD/USD IS PREPARING TO TAKE OFF 11:03 14.08.2017 Recommendation: BUY 0.7335 SL 0.7280 TP1 0.7445 TP2 0.7525 On the daily chart, NZD/USD keeps forming the inverted 5-0 pattern. The recoil of support at 0.7278 (38.2% of the wave CD) allowed traders to form longs in hope for a resumption of the uptrend. The necessary condition for this scenario is the return of the prices inside the borders of the short-term uptrend channel. On H1, NZD/USD is forming a “Dragon” pattern. The break of resistance at 0.7334-0.7337 (61.8% of the last bullish wave + the upper border of the descending trend channel + dragon’s head) will increase the odds of the bearish trend. More: https://fbs.com/analytics/articles/nzd_usd_is_preparing_to_take_off_2940 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 EUR/USD: "TRIPLE TOP" PATTERN 12:14 14.08.2017 The upper side of the last "Wedge" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance at 1.1875 - 1.1909. If a pullback from this area happens afterwards, there'll be an opportunity to have a decline. All Moving Averages have been broken, but there's a "Triple Top" pattern, so the price is likely going to reach the closest support at 1.1801 - 1.1784. However, if we see a pullback from this area, bulls will probably try to reach the next resistance at 1.1845 - 1.1875. More: https://fbs.com/analytics/articles/eur_usd%3a_%22triple_top%22_pattern_2943 Quote Link to comment Share on other sites More sharing options...
riki143 Posted August 14, 2017 Share Posted August 14, 2017 GBP/USD: 55 MA ACTING AS RESISTANCE 12:17 14.08.2017 The price is consolidating between the levels 1.3032 - 1.3047. Also, we've got a "Triangle", but the 89 Moving Average is acting as support. Anyway, bulls are likely going to test the nearest resistance at 1.3058 - 1.3081. If a pullback from these level arrives later on, we could have a decline towards support at 1.3013. There's a "Bear Trap", so we've got a new local high. The 55 Moving Average is acting as resistance, so we should keep an eye on the closest support at 1.2982 as an intraday target. Meanwhile, bulls are likely going to test the next resistance at 1.3058 - 1.3082 soon. More: https://fbs.com/analytics/articles/gbp_usd%3a_55_ma_acting_as_resistance_2944 Quote Link to comment Share on other sites More sharing options...
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