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EUR/JPY: BULLS MADE A STOP 06:44 02.11.2017
Recommendation:
BUY 134.15 SL 133.60 TP1 135.15 TP2 136.00
SELL 132.15 SL 132.70 TP 131.15
On the daily chart, EUR/JPY formed a “Widening wedge” pattern. The trend remains bullish, 161.8% and 224% targets of the junior and senior AB=CD patterns are still in place, so buying is still a relevant strategy. Potential of the correction is limited.
On H1, EUR/JPY is forming the “Shark” pattern. After reaching 113% target the pair will likely pull back towards 23.6%, 38.2% and 50% of the wave CD. It may be used for opening long positions.
More:
https://fbs.com/analytics/articles/eur-jpy-bulls-made-a-stop-4812
USD/JPY: BULLS WILL FIGHT TILL THE END 06:53 02.11.2017
Recommendation:
BUY 114.30
SL 113.75
TP1 115.30 TP3 116.25
On the daily chart, after reaching 88.6% target of an inverted “Shark” pattern and a pullback USD/JPY resumed the short-term uptrend. A break of resistance at 114.35 will open the way to 113% target and 78.6% level of the descending long-term wave.
On H1, USD/JPY keeps forming a “Widening wedge”. A break of resistance at 114.30 will be a signal for buying. On the other hand, return of the pair to support at 113.30 will allow to think about selling.
More:
https://fbs.com/analytics/articles/usd-jpy-bulls-will-fight-till-the-end-4813
GBP/USD: POUND FIXED ABOVE CLOUD 06:56 02.11.2017
Technical levels: support – 1.3240; resistance – 1.3340.
Trade recommendations:
Buy — 1.3280; SL — 1.3260; TP1 — 1.3340; TP2 — 1.3380.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a strong golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices was fixed above a Cloud and Tenkan-sen and may go higher to 1.3340.
More:
https://fbs.com/analytics/articles/gbp-usd-pound-fixed-above-cloud-4815
AUD/USD: AUSSIE ENTERED INTO CLOUDY AREA 06:58 02.11.2017
Technical levels: support – 0.7670; resistance – 0.7710
Trade recommendations:
Sell — 0.7710; SL — 0.7730; TP1 — 0.7670; TP2 — 0.7630.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance on 0.7710-0.7730.
More:
https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-cloudy-area-4816
EUR/USD: "TRIPLE BOTTOM" PATTERN 08:13 02.11.2017
The price is consolidating between the levels 1.1668 - 1.1582. Also, there's a "Double Bottom" pattern, which has been confirmed. The main intraday target is the nearest resistance at 1.1724 - 1.1729, which could be a departure point for a bearish price movement.
There's a "Triple Bottom" pattern, so the price reached the nearest resistance at 1.1668. In this case, there's an opportunity to have a bearish correction towards the closest support at 1.1634 - 1.1615. If a pullback from this area happens, we could have another bullish price movement.
More:
https://fbs.com/analytics/articles/eur-usd-triple-bottom-pattern-4820
GBP/USD: CONSOLIDATION NEAR 34 MA 08:20 02.11.2017
The price has been consolidating since a pullback from resistance at 1.3336 happened. The main intraday target is the next resistance at 1.3370 - 1.3408. However, if we have a pullback from this area, there'll be an opportunity to have a decline towards the 89 Moving Average.
There's a consolidation, which is taking place near the 34 Moving Average. It's likely that bears are going to test the 55 Moving Average during the day. If a pullback from this line happens, we could have another upward price movement in the direction of the next resistance at 1.3336 - 1.3370.
More:
https://fbs.com/analytics/articles/gbp-usd-consolidation-near-34-ma-4822
EUR/USD: BULLISH "ENGULFING" 13:21 02.11.2017
The 21 Moving Average has acted as resistance, but there isn't any bearish pattern so far. In this case, bulls are likely going to test the 55 Moving Average, which could be a departure point for another decline.
There's a bullish "Engulfing", but confirmation of this pattern isn't enough. So, the pair is likely going to get resistance on the 144 Moving Average during the day.
More:
https://fbs.com/analytics/articles/eur-usd-bullish-engulfing-4834
USD/JPY: 55 MA ACTED AS SUPPORT AGAIN 13:23 02.11.2017
The lower "Window" has acted as support, so the pair is likely going to test the nearest resistance. If any bearish pattern forms little later on, there'll be an opportunity to have a decline towards the Moving Averages.
The 55 Moving Average has acted as support once again. Also, there isn't any reversal pattern so far. Therefore, bulls are likely going to continue pushing the price higher in the short term.
More:
https://fbs.com/analytics/articles/usd-jpy-55-ma-acted-as-support-again-4835
EUR/USD: EURO GROWING UP TO CLOUD 06:26 03.11.2017
Technical levels: support – 1.1640; resistance – 1.1670.
Trade recommendations:
Sell — 1.1670; SL — 1.1690; TP1 — 1.1600; TP2 – 1.1580
Reason: bearish Ichimoku Cloud, horizontal Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in consolidation and rising to resistance of the bottom border of the Cloud.
More:
https://fbs.com/analytics/articles/eur-usd-euro-growing-up-to-cloud-4843
USD/JPY: DOLLAR FIXED POSITIONS ON CLOUD 06:27 03.11.2017
Technical levels: support – 113.90, 113.50; resistance – 114.40.
Trade recommendations:
Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80.
Sell — 113.80; SL — 114.00; TP1 — 113.00; TP2 — 112.40.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are on the support of the Cloud.
More:
https://fbs.com/analytics/articles/usd-jpy-dollar-fixed-positions-on-cloud-4844
EUR/USD: EURO APPROACHED THE MILESTONE 07:21 03.11.2017
Recommendation:
BUY 1.1680
SL 1.1625
TP1 1.1775 TP2 1.18
On the daily chart, bulls are trying to counterattack and conquer resistance at 1.1670-1.1680. If they succeed, euro will manage to go to the area of trade channel’s intersection ($1.1775-$1.1800). On the other hand, return to support at 1.1595-1.1610 with the following successful will increase the odds of realization of 200% target of AB=CD.
On H1, a successful test of resistance at 1.1670-1.1680 will increase the odds of formation of the “Crab” pattern with targets at 78.6% and 88.6%.
More:
https://fbs.com/analytics/articles/eur-usd-euro-approached-the-milestone-4846
EUR/GBP: BULLS ARE RESUMING THE TREND 07:31 03.11.2017
Recommendation:
BUY 0.8990
SL 0.8935
TP1 0.9075 TP2 0.9200
On the daily chart, EUR/GBP is forming the “Dragon” pattern. The first condition of its realization is the return of the pair inside the previous short-term uptrend channel. A successful test of resistance at 0.8980 will be the signal.
On H1, EUR/GBP formed a widening wedge pattern. Return of the pair to support at 0.8800 with the following successful test is a signal for selling. On the other hand, successful test of resistance at 0.8990 will open way to the north for bulls.
More:
https://fbs.com/analytics/articles/eur-gbp-bulls-are-resuming-the-trend-4847
EUR/USD: DEVELOPING "FLAG" PATTERN 08:45 03.11.2017
The price is consolidating between the levels 1.1695 - 1.1582. Also, there's a developing "Flag" pattern, so the market is likely going to reach the nearest resistance at 1.1724 - 1.1729. If a pullback from this area happens, there'll be an opportunity to have a decline towards the closest support at 1.1634 - 1.1615.
There's a consolidating, which is taking place between the 55 & 89 Moving Averages. Moreover, we've got a "V-Top" pattern, so bears are likely going to test the 34 Moving Average soon. If a pullback from this line arrives little later on, bulls will probably try to reach the next resistance at 1.1695 - 1.1724.
More:
https://fbs.com/analytics/articles/eur-usd-developing-flag-pattern-4853
GBP/USD: "TRIPLE TOP" PATTERN 08:48 03.11.2017
There's a "Triple Top" pattern, so the market has plunged. However, bears faced with support at 1.3047 - 1.3032, so the price is consolidating. It's likely that the pair is going to rise in the short term. The main intraday target is the next resistance at 1.3081 - 1.3120. This area could be a departure point for a decline.
All the Moving Averages have been broken. If a pullback from the closest resistance at 1.3190 happens, there'll be an opportunity to have a downward price movement. In this case, we should keep an eye on the next support at 1.3026 - 1.2994 as the next bearish target.
More:
https://fbs.com/analytics/articles/gbp-usd-triple-top-pattern-4854
AUD/CAD REVERSED FROM RESISTANCE ZONE 12:16 03.11.2017
AUD/CAD reversed from resistance zone
Next sell target - 0.9770
AUD/CAD recently reversed down from the resistance zone lying between the strong resistance level 0.9900 (top of the previous minor impulse wave 1 from September), upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse from the start of August. AUD/CAD is expected to fall further to the next sell target at the next major support level 0.9770 (which created the daily Bullish Engulfing and the daily Hammer in September).
More=
https://fbs.com/analytics/articles/aud-cad-reversed-from-resistance-zone-4860
AUD/NZD REVERSED FROM RESISTANCE ZONE 12:17 03.11.2017
AUD/NZD reversed from resistance zone
Next sell target - 1.1000
AUD/NZD recently reversed down from the resistance zone lying between the multi-month resistance level 1.1300 (which has reversed numerous upward impulse waves from the end of 2014, as can be seen from the weekly AUD/NZD chart below) and the upper weekly Bollinger Band. Given the strength of the aforementioned resistance zone - AUD/NZD can be expected to fall further to the next sell target at the next support level 1.1000.
More:
https://fbs.com/analytics/articles/aud-nzd-reversed-from-resistance-zone-4861
NZD/USD: BULLS ARE DREAMING ABOUT REVENGE 07:03 06.11.2017
Recommendation:
BUY 0.695 SL 0.6895 TP 0.705
SELL 0.682 SL 0.6875 TP1 0.6625 TP2 0.637
On the daily chart, bulls failed to hold above an important support at 0.6820. NZD/USD consolidated between 0.6820 and 0.6950. If it leaves this range, the risks of reaching 127.2% and 161.8% targets of “Crab” pattern or return to the inside of the uptrend channel will increase.
On H1, there’s increased activity of buyers near 0.6880 and 0.6840. If the pair renews November high, this will create reasons for the continuation of NZD advance.
More:
https://fbs.com/analytics/articles/nzd-usd-bulls-are-dreaming-about-revenge-4880
AUD/USD: BEARS GOT HUNGRY 07:15 06.11.2017
Recommendation:
SELL 0.762 SL 0.7675 TP 0.75
BUY 0.773 SL 0.7785 TP1 0.782 TP2 0.786
On the daily chart, AUD/USD reached 88.6% target of the “Shark” pattern. After that, there was a pullback towards 23.6% of the wave CD. The pair consolidated in the range between 0.7620-0.7735. If the pair leaves this range, risks of realization of 113% target or a correction to the medium-term bearish trend will increase.
On H1, rebound from the current levels will allow the bulls to count on the “Widening wedge” pattern. On the other hand, renewal of October low will point at the further decline.
More:
https://fbs.com/analytics/articles/aud-usd-bears-got-hungry-4881
EUR/USD: LOCAL "FLAG" PATTERN 07:32 06.11.2017
The last "Flag" pattern has been broken, but the price is consolidating. The main intraday target is the next support area at 1.1560 - 1.1533. If a pullback from these levels happens, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1615 - 1.1634.
The price is consolidating between the levels 1.1615 - 1.1601. Also, there's a local "Flag" pattern, so we should keep an eye on the nearest resistance at 1.1634 as an intraday target. If a pullback from this level arrives little later on, bears will probably try to reach another support at 1.1573 - 1.1560.
More:
https://fbs.com/analytics/articles/eur-usd-local-flag-pattern-4882
GBP/USD: "THORN" PATTERN 07:43 06.11.2017
There's a "Double Bottom" pattern, which has been confirmed, so there's an upward price movement. However, we've got a bearish "Thorn" pattern, so the market is likely going to test the nearest support at 1.3026 - 1.2994. This area could be a departure point for a bullish correction.
The 34 Moving Average has acted as resistance, so there's a "Thorn" pattern, which has confirmation. Nevertheless, bulls are likely going to test the closest resistance at 1.3190 during the day. If a pullback from this level happens, there'll be an option to have another decline towards the last low.
More:
https://fbs.com/analytics/articles/gbp-usd-thorn-pattern-4884
EUR/USD: DEVELOPING WAVE (V) OF [III] 07:53 06.11.2017
The price couldn't fixate above 3/8 MM Level, which means wave (iv) might have been formed, so the price is declining in wave (v) of [iii]. The main intraday target is 0/8 MM level, which could be a departure point for a bullish correction.
Wave (iv) took the form of a zigzag, so there's an impulse in wave i. Therefore, we're likely going to have another downward impulse in wave iii in the coming hours. In this case, we should keep an eye on 5/8 MM Level as the next bearish target.
More:
https://fbs.com/analytics/articles/eur-usd-developing-wave-v-of-iii-4887
USD/JPY: BEARISH "ENGULFING" 12:25 06.11.2017
There's a bearish "Harami", which has been confirmed enough. So, the price is likely going to test the nearest Moving Average. If a pullback from this line happens, there'll be an opportunity to have another upward price movement.
We've got a bearish "Engulfing", so the price is declining. Also, there isn't any reversal pattern so far. In this case, the market is likely going to test the lower "Window", which could be a departure point for another bullish rally.
More:
https://fbs.com/analytics/articles/usd-jpy-bearish-engulfing-4893
EUR/USD: PRICE GOING TO CONTINUE DECLINING 12:28 06.11.2017
There are bearish patterns such a "Shooting Star" and a "Tweezers", which both have been confirmed. So, the market is likely going to continue declining towards the next support area in the short term.
The 89 Moving Average has acted as resistance, but there's a bullish "Hammer", which has been formed at the local low. Therefore, we could have a local upward correction and the following decline afterwards.
More:
https://fbs.com/analytics/articles/eur-usd-price-going-to-continue-declining-4894
GBP/USD: POUND RETURNED TO BOTTOM BORDER OF CLOUD 05:45 07.11.2017
Technical levels: support – 1.3080; resistance – 1.3180.
Trade recommendations:
Sell — 1.3160; SL — 1.3180; TP1 — 1.3080; TP2 — 1.3010.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices returned to the Cloud, under the resistance of horizontal Senkou Span B and Kijun-sen.
More:
https://fbs.com/analytics/articles/gbp-usd-pound-returned-to-bottom-border-of-cloud-4911
AUD/USD: AUSSIE ENTERED INTO THE CLOUD AGAIN 05:46 07.11.2017
Technical levels: support – 0.7650; resistance – 0.7710
Trade recommendations:
Sell — 0.7670; SL — 0.7690; TP1 — 0.7590; TP2 — 0.7540.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance near 0.7000.
More:
https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-the-cloud-again-4912
EUR/USD Daily Analytics 08:40 07.11.2017
The last "Flag" pattern has been broken, so the price is consolidating. The main intraday target is the next support area at 1.1582 - 1.1560. If a pullback from these levels happens, there'll be an opportunity to have a bullish correction in the direction of the closest resistance at 1.1668 - 1.1695.
The price is consolidating between the levels 1.1615 - 1.1601. Also, there's a "Flag" pattern, so the pair is likely going to test the 55 Moving Average in the coming hours. If a pullback from this line happens little later on, we could have another decline towards the nearest support at 1.1574 - 1.1560.
More:
https://fbs.com/analytics/articles/eur-usd-flag-pattern-4914
XAU/USD Daily Analytics 08:40 07.11.2017
Recommendation: SELL $1267 SL $1281 TP1 $1237 TP2 $1212
On the daily chart, XAU/USD keeps fighting for an important level of $1281 an ounce. If the bulls manage to leave the descending trend channel and settle above it, gold will get chance to get to $1299 and $1321. On the other hand, bears’ victory will increase the odds of the pair getting to 78.6% and 200% of Gartley pattern and AB=CD.
On H1, wait for formation of the wave 4-5 within the widening wedge. Decline below support at $1267 will signal downtrend’s resumption.
More:
https://fbs.com/analytics/articles/xau-usd-gold-is-painting-a-wedge-4915
USD/CAD Daily Analytics 08:56 07.11.2017
Recommendation:
BUY 1.2645 SL 1.2590 TP1 1.2745 TP2 1.2845
BUY 1.2585 SL 1.253 TP1 1.2685 TP2 1.2785
On the daily chart, the inability of bulls to conquer resistance at 1.2922 became a reason for bears’ counterattack. As long as the pair’s above support at 1.2462, there are reasons to buy on the pullbacks to the short-term uptrend.
On H1, USD/CAD is forming “Spike with reversal and acceleration”. Rebounds from support in form of the lower border of the uptrend and the upper border of a triangle should be used for opening long positions.
More:
https://fbs.com/analytics/articles/usd-cad-bulls-made-a-stop-4916
GBP/USD Daily Analytics 08:56 07.11.2017
We've got a "Double Bottom", which has been confirmed, so the price reached the 34 Moving Average. In this case, the market is likely going to achieve the next support at 1.3150 - 1.3081 in the short term. However, if a pullback from these levels happens, we could have an upward price movement towards another resistance at 1.3250 - 1.3239.
The last "Triple Bottom" pattern led to the current upward price movement, so all the Moving Averages have been broken. Meanwhile, we could have a local bearish correction during the day, but bulls are likely going to reach the next resistance at 1.3205 - 1.3239 afterwards.
More:
https://fbs.com/analytics/articles/gbp-usd-price-reached-the-34-ma-4917
EUR/USD Daily Analytics 14:03 07.11.2017
The last "Shooting Star" led to the current decline. Also, there isn't any reversal pattern so far. If the 21 Moving Average acts as resistance, we're likely going to have just another decline.
We don't have any reversal pattern for now. Yesterday, we had a "Tweezers" pattern, so there's a new local low. In this case, the pair is likely going to test the nearest support area during the day.
More:
https://fbs.com/analytics/articles/eur-usd-shooting-star-led-to-decline-4928
USD/JPY Daily Analytics 14:05 07.11.2017
There's a bullish "Engulfing", which has been formed on the 34 Moving Average. Considering confirmation of this pattern, the price is likely going to test the closest resistance area once again.
We've got a "High Wave" pattern on the local high, so the pair is likely going to test the 89 Moving Average. If a pullback from this line happens little later on, we could have another bullish price movement.
More:
https://fbs.com/analytics/articles/usd-jpy-high-wave-on-the-local-high-4929
EUR/USD Daily Analitycs https://fbs.com/analytics/articles/eur-usd-euro-reached-new-lows-4941
Edited by user
2017-11-08T09:54:03Z
|
Reason: Not specified
USD/JPY Daily Analitycs 06:05 08.11.2017
Technical levels: support – 113.70; resistance – 114.40.
Trade recommendations:
Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80.
Sell — 113.60; SL — 113.80; TP1 — 113.00; TP2 — 112.40.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the bulls can’t breaking out a resistance of Tenkan-sen and Kijun-sen and the prices returned to Cloud.
More:
https://fbs.com/analytics/articles/usd-jpy-back-again-to-cloud-4942
USD/CHF Daily Analitycs 07:00 08.11.2017
Recommendation:
BUY 1.0035 SL 0.998 TP1 1.0145 TP2 1.0235
SELL 0.994 SL 0.9995 TP1 0.9875 TP2 0.984
On the daily chart, USD/CHF consolidated after reaching 224% target of AB=CD. A triangle was formed. A break of its upper border will allow bulls to continue rally towards 1.0145 and 1.0235.
On H1, USD/CHF keeps forming a ledge within “Spike and ledge” pattern. A successful test of resistance at 1.0035 will open the way up to bulls. On the other hand, decline below support at 0.9940 will let bears develop correction.
More:
https://fbs.com/analytics/articles/usd-chf-franc-got-to-the-top-4944
GBP/USD Daily Analitycs 07:18 08.11.2017
Recommendation:
SELL 1.3105
SL 1.3160 TP1 1.2890
TP2 1.2710
On the daily chart, GBP/USD is consolidating between 1.3045 and 1.3320. A break of its upper border will create grounds for the pound’s increase to 1.3415 and 1.3520. On the other hand, successful test of support at 1.3045 will increase the risks of the pair going to 200% target of AB=CD.
On H1, after forming “Wolfe waves” USD/CHF formed a “Widening wedge”. As usual, the pair’s advance above 88.6% of the wave 4-5 is used for buying, while the fall below 23.6% is used for selling.
More:
https://fbs.com/analytics/articles/gbp-usd-pound-is-making-wedges-4946
EUR/USD Daily |Analitycs 08:14 08.11.2017
The main local trend is still bearish. The last "Flag" pattern led to a new low. It's likely that the price is going to reach the next support at 1.1533 - 1.1494 in the short term. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish correction.
The 34 Moving Average has acted as resistance, so there's a "Double Top" pattern, which pushed the price to the closest support at 1.1582. The main intraday target is the next resistance at 1.1601 - 1.1605, which could be a departure point for another bearish price movement.
More:
https://fbs.com/analytics/articles/eur-usd-flag-pattern-led-to-new-low-4950
GBP/USD Daily Analitycs 08:17 08.11.2017
The 34 Moving Average has acted as resistance twice, so the market is likely going to achieve the closest support at 1.3120 - 1.3081. If we see a pullback from these levels, bulls will probably try to reach another resistance at 1.3250 - 1.3239.
There are two "Double Top" patterns in a row, but the Moving Averages are acting as support, so we could have a new local high. If a pullback from the nearest resistance at 1.3177 - 1.3182 happens, bears are likely going to reach the next support area.
More:
https://fbs.com/analytics/articles/gbp-usd-two-double-top-patterns-in-a-row-4951
EUR/USD Daily Analitycs 11:35 08.11.2017
There're bullish patterns such a "Morning Star" and a "High Wave", which both have been confirmed. So, the 55 Moving Average is likely going to act as resistance. If so, we could have another decline afterwards.
We've got a "Shooting Star", which has been formed on the 55 Moving Average. However, confirmation of this pattern is a quite weak, so we could have a local bearish correction and the following decline littel later on.
More:
https://fbs.com/analytics/articles/eur-usd-shooting-star-4952
USD/JPY Daily Analitycs 11:38 08.11.2017
The last bearish "Harami" led to the current decline, but the Moving Averages are acting as support. Also, there isn't any reversal pattern so far, which means the price is likely going to continue declining until any bullish pattern forms.
The 89 Moving Average has acted as resistance, so we've got a bearish "High Wave" pattern. In this case, the last low is likely going to be broken soon. If any reversal pattern arrives afterwards, we could have a bullish correction towards the nearest resistance.
More:
https://fbs.com/analytics/articles/usd-jpy-bearish-high-wave-pattern-4953
EUR/USD Daily Analitycs 05:58 09.11.2017
Technical levels: support – 1.1550, 1.1580; resistance – 1.1620, 1.1640.
Trade recommendations:
Sell — 1.1620; SL — 1.1640; TP1 — 1.1580; TP2 – 1.1550
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fixed inside a channel of Tenkan-Kijun and may go to the bottom border of a Cloud.
More:
https://fbs.com/analytics/articles/eur-usd-bulls-can-return-to-cloud-4972
Edited by user
2017-11-09T07:53:04Z
|
Reason: Not specified
GBP/USD Daily Analitycs 05:59 09.11.2017
Technical levels: support – 1.3080; resistance – 1.3130, 1.3180.
Trade recommendations:
Sell — 1.3130; SL — 1.3150; TP1 — 1.3080; TP2 — 1.3010.
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; an irregular golden cross of Tenkan-sen and Kijun-sen; the market returned to Tenkan-sen in a local correction movement.
More:
https://fbs.com/analytics/articles/gbp-usd-bears-got-strength-4973
EUR/JPY Daily Analitycs 06:45 09.11.2017
Recommendation:
BUY 132.40
SL 131.85
TP1 133.3 TP2 134.15
On the daily chart, EUR/JPY formed “Wolfe waves” and a pin bar. Their formation will increase the odds of the uptrend resumption. If bulls manage to return inside the uptrend channel, risks of advance to 224% and 161.8% targets of senior and junior AB=CD patterns will significantly increase.
On H1, a break of the diagonal resistance at 2-4 within the “Wolfe waves” pattern will become a signal for opening long positions towards 113% target of the “Shark” pattern.
More:
https://fbs.com/analytics/articles/eur-jpy-bulls-will-surf-4974
USD/JPY Daily Analitycs 06:58 09.11.2017
Recommendation:
BUY 114.3
SL 113.75
TP1 115.3 TP2 116.25
On the daily chart, USD/JPY will continue forming the “Shark” pattern with the target at 113%. Rebound of the quotes from the lower border of the upside trend channel with the following formation of the pin bar means that bulls are seizing back the initiative.
On H1, a break above of the neckline of “Head and shoulders” pattern points at unsuccessful retest. This strengthens the risks of the pair’s advance. Its return to resistance at 114.30 with the following increase above this level will allow bulls to continue the rally.
More:
https://fbs.com/analytics/articles/usd-jpy-bulls-left-the-stall-4976
EUR/USD Daily Analitycs 08:59 09.11.2017
There's a new local low, but bears faced with support at 1.1560, so we've got a "V-Bottom", which pushed the price higher. In this case, the pair is likely going to reach the nearest resistance at 1.1615 - 1.1634 in the short term. If a pullback from this area happens, there'll be an opportunity to have another decline.
We've got a bullish "Pennant" on the one-hour chart, so the market is likely going to test the closest resistance at 1.1634 during the day. If a pullback from this level happens little later on, bears will probably try to deliver a downward price movement in the direction of the next support at 1.1560 - 1.1553.
More:
https://fbs.com/analytics/articles/eur-usd-bullish-pennant-4981
GBP/USD Daily Analitycs 09:04 09.11.2017
There's a "V-Bottom" pattern, which has been confirmed, so the pair is likely going to test the 55 Moving Average soon. If we have a pullback from this line, bears will probably try to start another decline towards the last low.
Bulls have broken the last "Pennant" pattern, so the price is rising. However, if a pullback from the nearest resistance at 1.3177 - 1.3182 happens afterwards, we could have a decline in the direction of the next support area.
More:
https://fbs.com/analytics/articles/gbp-usd-confirmed-v-bottom-pattern-4982
EUR/USD Daily Analytics 14:03 09.11.2017
The price reached the 34 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to test the 89 MA in the short term. If a pullback from this line happens, we could have just another decline.
The last "Three Methods" pattern has acted as support. At the same time, we don't have any bearish candle pattern for now. In this case, the upward correction is likely going to move on until any reversal pattern forms.
More:
https://fbs.com/analytics/articles/eur-usd-price-reached-the-34-ma-4984
USD/JPY Daily Analytics 14:05 09.11.2017
There isn't any reversal pattern, so the price is still declining. Therefore, the market is likely going to continue moving down until any bullish candle pattern arrives.
The last "Tweezers" pattern pushed the price lower. All the last candles are black, so we could see the pair even lower in the coming hours. The main intraday target is the lower "Window", which could be a departure point for an upward correction.
More:
https://fbs.com/analytics/articles/usd-jpy-tweezers-pattern-4985
AUD/USD Daily Anlytics 06:04 10.11.2017
Technical levels: support – 0.7640; resistance – 0.7690
Trade recommendations:
Buy — 0.7700; SL — 0.7680; TP1 — 0.7760.
Sell — 0.7670; SL — 0.7690; TP1 — 0.7590; TP2 — 0.7540.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices returned to bottom border of the Cloud and may enter into cloudy area.
More:
https://fbs.com/analytics/articles/aud-usd-aussie-in-consolidation-under-cloud-4996
Edited by user
2017-11-10T07:05:23Z
|
Reason: Not specified
USD/JPY Daily Analytics 06:06 10.11.2017
Technical levels: support – 113.20; resistance – 113.80.
Trade recommendations:
Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80.
Sell — 113.30; SL — 113.50; TP1 — 112.40; TP2 — 112.20.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and staying inside a Cloud.
More:
https://fbs.com/analytics/articles/usd-jpy-dollar-testing-ssb%E2%80%99s-support-4997
EUR/USD Daily Analytics 07:22 10.11.2017
Recommendation: out of market
On the daily chart, the pair’s fate will depend on bulls’ ability to move the price towards resistance at 1.1695. In case of failure, the risk of reaching 200% target of AB=CD with the following formation of “Wolfe waves” pattern will increase. A break of resistance will create a ground for euro’s advance to $1.1750 and $1.1880. At these levels positions of sellers are strong.
On H1, the end of forming a “Widening wedge” doesn't guarantee a fast move through the diagonal resistance close to 1.1750. If bulls manage to conquer it, risks of realization of 113% target of the “Shark” pattern will increase.
More:
https://fbs.com/analytics/articles/eur-usd-no-one-wanted-to-give-up-4999
EUR/GBP Daily Analytics 07:44 10.11.2017
Recommendation:
BUY 0.8940
SL 0.8885
TP1 0.9040 TP2 0.9100
On the daily chart, EUR/GBP is trying to break out of the medium-term descending channel. This is a bullish signal. Formation of the “Double bottom” pattern points at the uptrend’s resumption.
On H1, a break of resistance at 0.8940 and triggering of an inverted “Ideal butterfly” will increase the odds of reaching a 127.2% target. At the same time, in case of the break of 88.6% of the wave 4-5 a “Widening wedge” will be formed.
More:
https://fbs.com/analytics/articles/eur-gbp-bulls-are-restoring-authority-5000
GBP/USD Daily Analytics 08:57 10.11.2017
The price is consolidating under the 34 Moving Average. There isn't any reversal pattern, so we should keep an eye on the 89 MA as the next bullish target. If a pullback from this line arrives little later on, bears will probably try to deliver just another decline.
The 34 Moving Average is acting as support. Also, there's a bullish "Pennant" pattern, so the pair is likely going to reach the nearest resistance area at 1.3182 - 1.3205 during the day. If we see a pullback from these levels afterwards, there'll be a moment to have a downward price movement.
More:
https://fbs.com/analytics/articles/gbp-usd-34-moving-average-acting-as-support-5006
EUR/USD Daily Analytics 08:54 10.11.2017
The 34 Moving Average has acted as resistance, so the price is consolidating. Meanwhile, the market is likely going to reach the next resistance at 1.1668 - 1.1695. If a pullback from these levels happens, we could have another decline towards the closest support at 1.1615 - 1.1582.
There's a "Pennant" pattern, so bulls are likely going to test the nearest resistance at 1.1668 - 1.1689 during the day. However, if a pullback from these levels happens, there'll be an opportunity to have a bearish price movement in the direction of another support at 1.1615 - 1.1601.
More:
https://fbs.com/analytics/articles/eur-usd-bullish-pennant-pattern-5005
EUR/USD Daily Analytics 12:33 10.11.2017
There isn't any reversal pattern, so the price is still rising. The main intraday target is the 89 Moving Average, which could be a departure point for another decline.
The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. In this case, the market is likely going to continue rising until any bearish pattern arrives.
More:
https://fbs.com/analytics/articles/eur-usd-high-wave-pattern-5008
USD/JPY Daily Analytics 12:36 10.11.2017
There's a bullish "Harami", but confirmation of this pattern is a quite weak. So, if a pullback from the nearest resistance happens little later on, we could have just another decline.
The price is consolidating under the lower "Window". Previously, we have a bullish "Doji" pattern, which pushed the price higher. It seems like we're about to have another test of the Moving Averages, which could be a departure point for a decline towards the next "Window".
More:
https://fbs.com/analytics/articles/usd-jpy-bullish-harami-5009
NZD/USD Daily Analytics 06:47 13.11.2017
Registration:
BUY 0.7000
SL 0.6945
TP 0.7105
On the daily chart, NZD/USD is consolidating between 0.6820-0.7000 (October low and the lower border of the uptrend trade channel). A break of resistance at 0.7000 will return bulls’ hope for resuming the uptrend. On the other hand, successful test of support at 0.6820 will increase the risks of going to 127.2% and 161.8% targets of “Crab” pattern
On H1, aggressive market entries imply getting in on the break of the 0.6905-0.6990 range. According to the conservative approach, it’s necessary to wait for a break of a wider trading range 0.6820-0.7000.
More:
https://fbs.com/analytics/articles/nzd-usd-kiwi-found-a-place-for-breakfast-5027
Edited by user
2017-11-13T07:53:14Z
|
Reason: Not specified
AUD/USD Daily Analytics 06:56 13.11.2017
Recommendation:
BUY 0.7695 SL 0.764 TP 0.7805
SELL 0.762 SL 0.7675 TP 0.75
On the daily chart, AUD/USD keeps consolidating within 0.7620-0.7735. A break of its upper border will open the way up to 0.7805-0.7820, 0.7860 and higher. On the other hand, successful test of support at 0.7620 will increase the odds of 113% target of the “Shark” pattern.
On H1, AUD/USD keeps forming “Wolfe waves” pattern. Aggressive entry implies long positions on the break of resistance at 0.7695. According to a conservative approach, one should wait for a test of diagonal resistance and (or) formation of the point 5 of the pattern “Widening wedge”.
More:
https://fbs.com/analytics/articles/aud-usd-aussie-is-going-for-a-break-5028
AUD/USD Daily Analytics 08:03 13.11.2017
Technical levels: support – 0.7640; resistance – 0.7670
Trade recommendations:
Sell — 0.7630; SL — 0.7650; TP1 — 0.7570; TP2 — 0.7530.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an irregular golden cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices returned into the negative area and may continue falling down.
More:
https://fbs.com/analytics/articles/aud-usd-aussie-may-continue-downtrend-5031
USD/JPY: DOLLAR SUPPORTED BY SENKOU SPAN B 08:04 13.11.2017
Technical levels: support – 113.00; resistance – 113.60, 114.00.
Trade recommendations:
Buy — 113.50; SL — 113.30; TP1 — 114.00; TP2 — 114.40.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span B and may return to upper border of a Cloud.
More:
https://fbs.com/analytics/articles/usd-jpy-dollar-supported-by-senkou-span-b-5032
EUR/USD Daily Analytics 09:20 13.11.2017
The 34 Moving Average has acted as resistance, so there's a "Thorn" pattern. In this case, we could have a decline towards the nearest support area at 1.1634 - 1.1615. If a pullback from this area happens, bulls will probably try to reach another resistance at 1.1668 - 1.1695.
We've got a "Thorn" pattern, so the market is consolidating. It's likely that the pair is going to achieve the next support at 1.1615 in the coming hours. However, if a pullback from this level happens little later on, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1689 - 1.1695.
More:
https://fbs.com/analytics/articles/eur-usd-thorn-pattern-5035
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