riki143 Posted March 12, 2018 Share Posted March 12, 2018 EUR/USD Daily Analytics 07:25 12.03.2018 Technical levels: support – 1.2260; resistance – 1.2350. Trade recommendations: Sell — 1.2300; SL — 1.2320; TP1 — 1.2200; TP2 — 1.2160 Buy — 1.2360; SL — 1.2340; TP1 — 1.2450; TP2 — 1.2480 Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices returned into the Cloud and supported by Cenkou Span A. More: https://goo.gl/uyhPr5 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 GBP/USD Daily Analytics 07:26 12.03.2018 Technical levels: support – 1.3760; resistance – 1.3860. Trade recommendations: Sell — 1.3840; SL — 1.3860; TP1 — 1.3760; TP2 — 1.3710. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span A but the Bears looks strong. More: https://goo.gl/pwhrgC Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 AUD/USD Daily Analytics 07:07 12.03.2018 Recommendation: BUY 0.7885 SL 0.7830 TP1 0.7985 TP2 0.8050 TP3 0.8100 On the daily chart of AUD/USD, a break of the line 2-4 and exit from the downtrend channel triggered “Wolfe waves” pattern. As a result, the odds of going to 1-4 (situated near 0.8050-0.8100) with the following resumption of the uptrend increased. On H1, AUD/USD reached 88.6% target of the “Bat”. As a result, the risks that it will transform to “Crab” increased. The pair continues forming a “Dragon” pattern. More: https://goo.gl/YXRt9D Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 EUR/USD Daily Analytics 09:26 12.03.2018 The main trend is still bullish. There's a confirmed "Thorn" pattern, so the market is likely going to test the next resistance at 1.2384 - 1.2445. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at 1.2359 - 1.2319. There's a consolidation, which is taking place under the Moving Averages. It's likely that the pair is going to test the closest support at 1.2301 - 1.2283, which could be a departure point for another upward price movement. More: https://goo.gl/DwZS4J Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 GBP/USD Daily Analytics 09:28 12.03.2018 There's a local "V-Bottom" pattern, so the price is testing Moving Averages. The main intraday target is the nearest resistance at 1.3915. If a pullback from this level happens afterwards, bears will probably try to achieve another support at 1.3856 - 1.3799. All the Moving Averages have been broken, so the market is likely going to test the next resistance at 1.3918 - 1.3928 in the short term. Meanwhile, if we see a pullback from this area, there'll be a moment for a decline in the direction of the nearest support at 1.3845 - 1.3816. More: https://goo.gl/NRKtt2 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 EUR/USD Daily Analytics 12:48 12.03.2018 The price is consolidating under the Moving Averages. Also, there's a "Shooting Star" pattern, so the market is likely going to test the nearest support area, which could be a departure point for an upward price movement. The 55 Moving Average acted as resistance, so there's a "Hanging Man" pattern, which has been confirmed. Therefore, the lower "Window" is likely going to act as support in the coming hours. More: https://goo.gl/bmeDcJ Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 USD/JPY Daily Analytics 12:50 12.03.2018 The price is consolidating between the Moving Averages. At the same time, there's a bullish "Hammer", so the pair is likely going to test the next resistance area in the short term. There's an "Engulfing" pattern, which has been formed on the 55 & 89 Moving Averages. In this case, the market is likely going to test the upper "Window" anytime soon. More: https://goo.gl/bchd62 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 USD/JPY: BULLISH "HAMMER" 12:50 12.03.2018 More: https://goo.gl/Baqwso The price is consolidating between the Moving Averages. At the same time, there's a bullish "Hammer", so the pair is likely going to test the next resistance area in the short term. There's an "Engulfing" pattern, which has been formed on the 55 & 89 Moving Averages. In this case, the market is likely going to test the upper "Window" anytime soon. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 WEEKLY FOREX OUTLOOK: MAR. 12-16 13:04 12.03.2018 More: https://goo.gl/He8Fkr US jobs growth was higher than expected in February, but wage inflation disappointed. As a result, traders doubt that the Federal Reserve will raise rates 4 times this year. More likely there will be just 3 rate hikes. The main conclusion is that for now there are few reasons to buy the USD. Another important result of the last week was an improvement in risk sentiment. It happened as concerns about global trade wars and North Korea declined. These factors, as well as the optimistic Bank of Japan, helped USD/JPY to recover to 107.00. The pair closed above resistance line since the start of January, so it has a chance to visit 108.00. EUR/USD failed to rise above 1.2450 and was rejected to 1.23 area as European Central Bank President Mario Draghi indicated that the bank is in no hurry to reduce the monetary stimulus. This will make the euro’s life more difficult. GBP/USD is inside a descending triangle. More active trading will start when the pound gets out of it: wither above 1.3900 or below 1.3750. There’s no progress in Brexit talks yet, although British economic figures were good. Canadian dollar got a positive boost. USD/CAD has a good chance to slide to 1.2750/1.2700. Economic calendar This week the US will publish several important data blocks. The most important event for the pound will be the spring statement of Finance Minister Philip Hammond on Tuesday. It will contain important info about the UK economy. We’ll hear from central bank leaders – Bank of Canada’s governor will speak on Tuesday, while the ECB president – on Wednesday. All in all, there are not so many big events this week, so the market will be driven by primarily by the risk appetite. Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 12, 2018 Share Posted March 12, 2018 FBS Video Lessons In this video Tutorial LESSON 13. SWAP AND ROLLOVER Rollover is a procedure of moving open positions from one trading day to another. If a trader extends his position beyond one day, he/she will be dealing with a cost or gain, depending on prevailing interest rates. Learn more https://goo.gl/88bkpC 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 12, 2018 Share Posted March 12, 2018 +160000 gifts for FBS traders! Learn more in the link below ➡ https://goo.gl/XU9DQk FBS gave away over 160 000 gifts for its 9th birthday! Yes, you got it right – we didn’t receive birthday gifts, but gave them to our devoted clients! Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 AUD/USD Daily Analytics 07:46 13.03.2018 Technical levels: support – 0.7850; resistance – 0.7910 Trade recommendations: Buy — 0.7850; SL — 0.7830; TP1 — 0.7910; TP2 — 0.7940. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are above the support of Senkou Span B. More: https://goo.gl/NRNKnd Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 USD/JPY Daily Analytics 07:48 13.03.2018 Technical levels: support – 106.25; resistance – 107.00. Trade recommendations: Buy — 106.60; SL — 106.40; TP1 — 107.40; TP2 — 107.80. Reason: narrowing bearish Ichimoku Cloud with falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is supported by Kijun-sen and the prices rising to Senkou Span B. More: https://goo.gl/oyq6ah Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 XAU/USD Daily Analytics 08:01 13.03.2018 Recommendation: BUY 1332 SL 1317 TP1 1362 TP2 1385 TP3 1400 On the daily chart of XAU/USD, bulls are trying to keep the pair inside the uptrend channel and don’t lose hope for reaching 127.2% and 161.8% targets of AB=CD. On the other hand, a break below $1302 will increase the risk of correction to 88.6% of the “Bat” pattern. On H1, the “Shark” pattern is transforming into 5-0. A successful test of resistance at 1331-1332 will allow bulls to make another step towards the uptrend’s resumption. More: https://goo.gl/3Fq6Hj Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 USD/CAD Daily Analytics 09:13 13.03.2018 Recommendation: BUY 1.2710 SL 1.2655 TP1 1.2810 TP2 1.2910 TP3 1.3100 BUY 1.2960 SL 1.2905 TP1 1.3060 TP2 1.3100 On the daily chart of USD/CAD, the “Shark” is transforming into 5-0. Pullbacks from 23.6%, 38.2% and 50% of the wave CD are usually used for formation of long positions. One of the bullish targets may lie at 127.2% of AB=CD pattern. On H1, USD/CAD keeps forming “Spike and reversal with acceleration”. The necessary condition for the uptrend’s resumption is a break above resistance at 1.2960. More: https://goo.gl/MCw3F4 Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 EUR/USD Daily Analytics 11:32 13.03.2018 The main trend is still bullish, but there's a developing "Pennant", so the market is likely going to test the nearest support at 1.2275 - 1.2234. If a pullback from this area happens little later on, there'll be a moment for another upward price movement. The pair is moving up and down in a range of the possible "Pennant" pattern, which hasn't been finished yet. So, the price is likely going to test the next resistance at 1.2345 - 1.2364, which could be a departure point for a decline. More: https://goo.gl/vDC9tj Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 GBP/USD Daily Analytics 11:34 13.03.2018 Bulls faced with resistance at 1.3928, so there's a "V-Top" pattern, so the market is likely going to test the closest support at 1.3840. Meanwhile, if a pullback from this level forms afterwards, there'll be an opportunity to have an upward price movement in the direction of the next resistance at 1.3928. There's a "Double Top" pattern, but the pair found support at 1.3876, so we could have a bullish price movement towards the nearest resistance at 1.3918 - 1.3928. These levels could be a starting point for another decline. More: https://goo.gl/CJUz9V Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 EUR/USD Daily Analytics 11:45 13.03.2018 The market is consolidating along the Moving Averages. Also, there's a "Shooting Star" pattern, so the pair is likely going to test the nearest support, which could be a departure point for a bullish price moment in the direction of the next resistance area. There's a bearish "Doji" pattern, which hasn't been confirmed yet. Therefore, the price is likely going to test the closest support during the day. If any bullish pattern forms little later on, there'll be a moment for a local upward price movement. More: https://goo.gl/mjUuPJ Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 13, 2018 Share Posted March 13, 2018 USD/JPY Daily analytics 11:47 13.03.2018 The last bullish "Hammer" led to the current upward price movement. There's no any reversal pattern, so we should keep an eye on the 89 Moving Average, which could act as resistance. If so, there'll be time for a bearish correction. There's no any bearish pattern because all the last candles are bullish. Also, the price has broken the "Window", which acted as resistance many times before. So, it's likely that the pair is going to test this "Window", which could act as support this time. More: https://goo.gl/nYq7By Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 USD/CHF Daily Analytics 06:26 14.03.2018 Recommendation: SELL 0.9415 SL 0.9470 TP1 0.932 TP2 0.926 TP3 0.9225 On the daily chart of USD/CHF, bulls tried twice to overcome resistance at 0.9475 and both times failed. It points at their weakness and increases the possibility of the pair’s decline below the lower border of the uptrend channel and further resumption of the downtrend. On H1, there’s a “Three Indians” pattern. A break of support at 0.9415 and getting outside of the bullish channel will trigger the “Shark” pattern. More: https://goo.gl/Ke8X5o Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 GBP/USD Daily analytics 06:33 14.03.2018 Recommendation: BUY 1.4070 SL 1.4015 TP1 1.4170 TP2 1.4225 TP2 1.4240 BUY 1.3915 SL 1.3860 TP1 1.4015 TP2 1.4100 TP3 1.4225 On the daily chart, GBP/USD «bulls managed to lead the pair outside of the downtrend channel and trigger the “Bat”. Its 88.6% target is at 1.41. After that, the rally may continue towards 88.6% target of the “Shark”. On H1, the “Wolfe waves” pattern was activated with a target at 1.4240-1.4245. To continue the rally, bulls need to overcome resistance at 1.4070. More; https://goo.gl/rLxzUs Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 EUR/USD Daily Analytics 06:58 14.03.2018 Technical levels: support – 1.2380; resistance – 1.2450. Trade recommendations: Buy — 1.2380; SL — 1.2360; TP1 — 1.2480; TP2 — 1.2520 Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines and narrowing channel Tenkan-Kijun; the prices returned to the positive area and may continue uptrend. More: https://goo.gl/Wyy3zh Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 GBP/USD Daily Analytics 06:59 14.03.2018 Technical levels: support – 1.3930; resistance – 1.4010. Trade recommendations: Buy — 1.3940; SL — 1.3920; TP1 — 1.4010; TP2 — 1.4070. Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the positive area and the Bulls looks strong to continue market’s growing. More: https://goo.gl/jWQwzb Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 Important Economic Events USA CPI (consumer price index) is an important indicator of consumer inflation. The Federal Reserve takes this indicator into account when it makes decisions about the key interest rate. The Fed’s interest rate decision and monetary policy statement will be published on March 21, so the CPI release at 14:30 MT time on March 13 is highly important. If the index is higher than expected, the market’s confidence in the upcoming rate hikes will increase making the greenback go up. Follow this event on the FBS Economic Calendar https://goo.gl/Ri7XNU Quote Link to comment Share on other sites More sharing options...
riki143 Posted March 14, 2018 Share Posted March 14, 2018 The Trading Strategy of a Genius of Commodity Trading ➡ https://goo.gl/wgruWH We are almost sure that you have hardly heard the incredible story of astonishingly rich, a genius and a pioneer of commodity trading, Richard Dennis. Dennis’ story is the type of stuff for trading legends that can still fire the engines of aspiring traders today. Read more about his methodology with FBS ⬇ Quote Link to comment Share on other sites More sharing options...
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