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AUD/USD Daily Analytics
08:15 26.02.2018
Recommendations:

BUY 0.79

SL 0.7845

TP1 0.799 TP2 0.8055

On the daily chart AUD/USD,  the exit of quotations from the downtrend channel and the break of resistance at 0.7892-0.7902 will increase risks of the activation of Gartley pattern and the continuation of the pair’s rise in the direction of its 78.6% target. Vice versa, a rebound will let bears continue correction.  

1519632746-899af96188ac0ab58d983ae1804c0

On H1 of AUD/USD, the pair reached targets of the "Widening wedge" and the "Shark" patterns. Currently, the “Crab” pattern is being activated. To continue the rally bulls should break the resistance at 0.79, 0.7945 and 0.799.

1519632770-37deade3708819a62a5c5f8675177

More:
https://goo.gl/tVBzFo

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EUR/USD Daily Analytics
12:08 26.02.2018

1519646791-886a8ddf9e41fc7867a12baf8a487

There's a bullish "Hammer", so the price is rising. Meanwhile, if a pullback from the nearest resistance area happens, there'll be a moment for another decline.

1519646791-4940b03d5dc3c669b23fc3eb9e565

The 144 Moving Average is acting as resistance, but there's still no any reversal pattern. In this case, the market is likely going to test the closest support by the last "Three Methods" pattern, which could be a departure point for another upward price movement.

More:
https://goo.gl/ZmE7nq

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USD/JPY: 21 & 34 MA ACTED AS RESISTANCE
12:11 26.02.2018

drn0Pgi.png

The 21 & 34 Moving Averages have acted as resistance, but there's still no any reversal pattern. So, the pair is likely going to test the 21 MA once again. If a pullback from this line happens little later on, there'll be an opportunity to have another bearish price movement.

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There's a bullish "Hammer", which has been confirmed enough, so the market is likely going to test the 21 Moving Average. If this line acts as resistance, bears will probably try to break the last low.

More:
https://goo.gl/UXFkM8

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Do not forget to chose your language from the video's subtitles :) 

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THE ELLIOTT WAVE PRINCIPLE

According to Elliott, a complete “bullish” market cycle consists of a 5-wave advance and a 3-wave retracement. Waves 1,3 and 5 are impulses, waves 2 and 4 – rollbacks from the peaks in the uptrend. Corrective waves (2,4) can be divided into 3 smaller waves, whereas the impulses – into 5 waves. Learn in this articles how to identify them https://goo.gl/ogj32i

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✨ What’s the secret of the Legendary Trader Steven Cohen? 

Each newcomer wonders, what features a trader should have to achieve an outstanding success at Forex market. Read this inspiring blog by FBS about Steven Cohen  who was ranked by Forbes at the 106th richest man in the world and the 35th overall in the United States ⬇💰⬇
https://goo.gl/PL6vpd

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EUR/USD Daily Analytics
01:29 28.02.2018

1519781224-1817ae7ff14862fdb1634c71e461b

The last "Triangle" pattern has been broken, so the price is declining. The main intraday target is the next support at 1.2205 - 1.2164. If we have a pullback from these levels, there'll be an opportunity for an upward price movement towards the nearest resistance at 1.2246.

1519781224-8f27efa89ec8e41ad9b8aebcb5831

The price is consolidating under the broken "Triangle" pattern. It's likely to have a bullish correction in the coming hours. Meanwhile, if a pullback from the closest resistance at 1.2259 - 1.2275 happens little later on, we could have another decline.

More:
https://goo.gl/pqbFsA

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GBP/USD Daily Analytics
01:30 28.02.2018

1519781224-31106c1ccbdc6c223088db5a82e9a

There's a "Thorn" pattern, so the market is likely going to test the nearest resistance at 1.3979 - 1.4011. This area could be a departure point for a downward price movement in the direction of the next support at 1.3835.

1519781224-24e89d492b4d919be994f8139df5c

We've got a local "V-Top", so there's a moment to have a local bearish correction. Anyway, bulls are likely going to achieve another resistance at 1.3958 - 1.3979 afterwards.

More:
https://goo.gl/VphHjX
 

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EUR/USD Daily Analytics
06:32 28.02.2018
Technical levels: support – 1.2220; resistance – 1.2250.

Trade recommendations:

Sell — 1.2250; SL — 1.2270; TP1 — 1.2180; TP2 — 1.2110
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen and the lines are falling down; the market is on the 4W-lows and may go lower.

1519799506-5974574d0f06c411e972e24d898d2

More:
https://goo.gl/wjuvpW
 

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GBP/USD Daily Analytics
06:34 28.02.2018
Technical levels: support – 1.3880; resistance – 1.3930.

Trade recommendations:

Sell — 1.3920; SL — 1.3940; TP1 — 1.3870; TP2 — 1.3810.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices going to the lows of the previous week.

1519799506-5838ef800660551113de2aff99712

More:
https://goo.gl/vqwmqr
 

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USD/CHF Daily Analytics
06:38 28.02.2018
Recommendation:

BUY 0.9415

SL 0.936

TP1 0.9515 TP2 0.96 TP3 0.977

On the daily chart of USD/CHF, bulls are gradually moving towards triggering the “Shark” pattern and its 88.6% target. The conditions necessary to continue the rally include the pair’s settling above support at 0.9380 and advance above resistance at 0.9450.

1519799824-a5903a7f3cf43bc4f33886526fd84

On H1 of USD/CHF, another test of resistance at 0.9410-0.9415 will increase the odds of a “Shark” pattern with a target at 88.6%. At the same time, the AB=CD pattern with targets at 200% and 224% will become viable.

1519799841-351a015a31e5fdb2fee97b43bc66a

More:
https://goo.gl/9Dj81w
 

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GBP/USD Daily Analytics
06:43 28.02.2018

Recommendation:

SELL 1.3850

SL 1.3905

TP1 1.375 TP2 1.3645 TP3 1.358

On the daily chart, GBP/USD is consolidating in the 1.3820-1.4050 range within the “Spike and ledge” pattern on the basis of 1-2-3. A break of its lower border will allow bears to continue correction towards 88.6% of the “Bat”. On the other hand, advance above resistance at 1.4050 will lead to the uptrend’s resumption.

1519800164-b6b56ed02b1869ac79ae2067aff9c

On H1, GBP/USD after forming “Wofle waves” and a pullback from the upper border of the downtrend channel bears are ready to continue the decline.a

1519800180-2cf183d9aa99dd882e50bd88c66a5

More:
https://goo.gl/p3cyVZ
 

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EUR/USD Daily Analytics
13:05 28.02.2018

1519822979-36f7d6403a5075bb2c8da5713fc4e

The Moving Averages have acted as resistance, so the price is declining. However, we've got a bullish "High Wave" pattern, so there's an opportunity to have a local bearish correction in the short term. Nevertheless, the market is likely going to continue moving down afterwards.

1519822979-e9827ae3b9a7fd1fcfa6c134e2289

There're bullish patterns such a "Harami" and a "Hammer", but both of them haven't been confirmed yet. So, the price is likely going to test the 55 Moving Average, which could be a departure point for another decline.

More:
https://goo.gl/DnFm1n

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USD/JPY Daily Analytics
13:07 28.02.2018

1519822980-d4607e24f05782b65c1e3e0bf1fc7

The 34 Moving Average has acted as resistance, so there's an "Evening Star", which has been confirmed. Therefore, the pair is likely going to test the nearest support area in the coming hours.

1519822979-ce693dc74e87550ed8aec9630fd7d

There's a pullback from the lower "Window", so we've got an "Inverted Hammer" pattern. In this case, we're likely going to have a local upward correction soon. Meanwhile, bears will probably try to deliver a new local low afterwards.

More:
https://goo.gl/m3SAR3

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Forex Basics.

Technical indicators are divided into several groups depending on their purpose. As purposes of the indicators are different, a trader needs not one, but a combination of several indicators to open a trade. In this article, we will tell about the three most popular technical indicators. Find out which ones are these 👉 https://goo.gl/D78QJt

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EUR/USD Daily Analytics
00:06 01.03.2018

1519862698-abcff6dd9b9fcc1b3cd2fbe7887a5

The main trend is still bullish, but there's a developing bearish correction, so we should keep an eye on the next support at 1.2129 - 1.2050 as an intraday target. If a pullback from this area happens little later on, we could have an upward price movement towards the nearest resistance at 1.2205 - 1.2246.

1519862697-3c4eda9d5ea7cc861723de003c7b0

The price is consolidating between the levels 1.2233 - 1.2205. The main intraday target is the closest resistance at 1.2233, which could be a departure point for a decline in the direction of the next support at 1.2164.

More:
https://goo.gl/BXHDBT
 

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