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GBP/USD: POUND IS ON KIJUN’S SUPPORT
08:09 14.09.2017

Technical levels: support –  1.3180; resistance – 1.3280.

Trade recommendations:

Buy — 1.3200; SL — 1.3180; TP1 — 1.3280; TP2 — 1.3350.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are on the support of Kijun-sen.

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More:
https://fbs.com/analytics/articles/gbp-usd-pound-is-on-kijun%E2%80%99s-support-3722

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AUD/USD: AUSSIE ENTERED INTO CLOUD
08:10 14.09.2017

Technical levels: support – 0.7965; resistance – 0.8040, 0.8070.

Trade recommendations:

Buy — 0.7990; SL — 0.7970; TP1 — 0.8040; TP3 — 0.8070.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are entered into the Cloud, nut found a support of Senkou Span B.

1505376558-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-cloud-3723

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EUR/JPY: BULLS ARE TAMING A DRAGON
08:46 14.09.2017

Recommendations:
BUY 130.9
SL 130.35
TP1 132 TP2 133.9
BUY 130.65
SL 130.1
TP1 132 TP2 133.9

On the daily chart, the attempt of bulls to settle above 132 failed. To start correction, bears need to conquer diagonal support in the form of the lower border of an uptrend. The lack of progress in this will return the initiative to buyers.

1505378634-f80f4bb93a590e144a0f1bb6e2b4b

On H1, EUR/JPY finishes forming “Dragon” pattern. Pullbacks toward support at the “Coil of the Dragon’s Tail” and the following rebounds will allow forming long positions

1505378651-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-jpy-bulls-are-taming-a-dragon-3724

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USD/JPY: BULLS GRAB THE BIGGEST PIECE OF THE PIE
09:01 14.09.2017
Recommendation:

BUY 109.9
SL 109.35
TP 111.65
BUY 109.4
SL 109.95
TP1 110.9 TP2 111.65

On the daily chart, bulls showed their strength as they managed to lead the pair outside of the long-term descending trend channel. Before that, the pair returned inside the medium-term uptrend channel. If buyers manage to keep the USD above 110.52, the odds of continuation towards 88.6% target of the Shark pattern will significantly increase.

1505379611-3297c54597baddc0779dab87f7356

On H1, USD/JPY formed a “Widening wedge” pattern. Pullbacks towards 23.6%, 38.2%, and 50% are usually used for opening longs.

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More:
https://fbs.com/analytics/articles/usd-jpy-bulls-grab-the-biggest-piece-of-the-pie-3726

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EUR/USD: BROKEN "PENNANT"
09:17 14.09.2017

1505380484-f2632109a514dc2929781c06b4c92

The pair faced support at 1.1864, so the market is likely going to test the nearest resistance area at 1.1909 - 1.1925 in the short term. However, if a pullback from this area happens, we could have another decline in the direction of the next support at 1.1850 - 1.1822.

1505380484-099692136e4273a28a5af7ca075ee

Bears found support at 1.1874 - 1.1864, so the price is rising. The main intraday target is the closest resistance at 1.1907 - 1.1925. Meanwhile, if we have a pullback from these levels, bears will probably try to reach the nearest support at 1.1851 - 1.1822.

More:
https://fbs.com/analytics/articles/eur-usd-broken-pennant-3727

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GBP/USD: 55 MA ACTED AS SUPPORT
09:23 14.09.2017

1505380484-87af6066bde833daa91add4468b4e

We've got a "V-Top" pattern, which pushed the price to support at 1.3190. Therefore, the market is likely going to reach the nearest resistance at 1.3129 - 1.3249. If a pullback from this area happens, there'll be an opportunity to have a decline towards the next support at 1.3190 - 1.3159.

1505380485-26db9d66bb819b35605fd68f9bf55

The 55 Moving Average has acted as support, so the price is consolidating. In this case, bulls are likely going to test the closest resistance at 1.3227 - 1.3249. However, if we see a pullback from this area, bears will probably try to achieve another support at 1.3186 - 1.3159.

More:
https://fbs.com/analytics/articles/gbp-usd-55-ma-acted-as-support-3729

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USD/JPY: "WINDOW" ACTING AS SUPPORT
10:54 14.09.2017

1505386427-89f0e693a4248bea016a62f4ee819

The last "Window" has been broken, but the price is consolidating. Also, we've got bearish patterns such a "Harami" and a "Doji", but both of them haven't been confirmed enough. So, the 144 Moving Average is likely going to act as support.

1505386427-b65113e9d70d7b2ef8f36ec557468

We've got a bearish "Engulfing" at the last high, but this pattern hasn't been confirmed, cause the lower "Window" is acting as support. So, the price is likely going to test the nearest support level, which could be a departure point for another bullish rally.

More:
https://fbs.com/analytics/articles/usd-jpy-window-acting-as-support-3734

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EUR/USD: "HAMMER" ON THE LOWER "WINDOW"
11:01 14.09.2017

1505386428-f1110a59fec559dd8d5d691c9e34a

We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.

1505386427-91daace7d90724c9c9415dade91df

There's a bullish "Hammer" on the lower "Window". Considering confirmation of this pattern, the price is likely going to test the Moving Averages in the short term.

More:
https://fbs.com/analytics/articles/eur-usd--hammer-on-the-lower-window-3735

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EUR/USD: WAVE 4 TURNED OUT TO BE BIGGER
11:20 14.09.2017

1505387956-a24257242166d639e5ea89d2f0220

We've got a new local low, so wave 4 turned out to be bigger. Previously, an ending diagonal pattern has been formed in wave [v] of 3. So, there's an opportunity to have just another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.

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1/8 MM Level has acted as support, so wave 4 may have been formed like a zigzag. In this case, bulls are likely going to deliver an upward impulse in wave . If a pullback from 4/8 MM Level happens a little later on, we could have a local bearish correction.

More:
https://fbs.com/analytics/articles/eur-usd--wave-4-turned-out-to-be-bigger-3736

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EUR/USD: BULLS WANT TO ATTACK
08:07 15.09.2017

Recommendation:

BUY 1.1825 SL 1.177 TP1 1.1925 TP2 1.206

BUY 1.1925 SL 1.187 TP1 1.206 TP2 1.2155

On the daily chart, EUR/USD reached targets of “Three Indians”. If bulls fail to keep the pair above 1.1910, the odds of decline towards the lower border of the long-term uptrend channel and 88.6% target of the “Shark” pattern will increase.

1505462810-8afba167b3e7c15d0d5d28d0f3c7b

On H1, a break below support at 1.1825 will create a ground for reaching 88.6% target of the “Shark” pattern. On the other hand, successful test of resistance at 1.1925 and the quote’s leaving the uptrend channel will be a signal of the new bullish attack.

1505462827-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-usd-bulls-want-to-attack-3748

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EUR/GBP: BEARS ORGANIZED A REVERSAL
08:20 15.09.2017
Recommendation:

BUY 0.899

SL 0.8935

TP 0.907 TP2 0.92 TP3 0.93

On the daily chart, EUR/GBP formed “Spike and reversal with acceleration” pattern. A break of trendlines allowed bears to develop a correction towards 0.8765-0.8810. In that area, there’s a target of the “Shark” pattern and 50% level of the last long-term bullish wave.

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On H1, EUR/GBP reached 261.8% target of AB=CD, that increases the risks of a pullback. At the same time, resistance at 0.8980-0.8985 looks very serious. Only in case of its successful test, bulls will get hope for the resumption of the long-term uptrend. 

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More:
https://fbs.com/analytics/articles/eur-gbp-bears-organized-a-reversal-3750

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EUR/USD: ON SSB’S SUPPORT
08:23 15.09.2017

Technical levels: support – 1.1880; resistance – 1.1970, 1.2000.

Trade recommendations:

Buy — 1.1920; SL — 1.1900; TP1 — 1.1970; TP2 – 1.200.
Reason: narrow bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are found the support of Senkou Span B and the Bulls may go to upper bounds of the Cloud.

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More:
https://fbs.com/analytics/articles/eur-usd-on-ssb%E2%80%99s-support-3751

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AUD/USD: AUSSIE CONTINUED CONSOLIDATION IN CLOUD
08:24 15.09.2017

Technical levels: support – 0.7965, 0.7985; resistance – 0.8040, 0.8070.

Trade recommendations:

Buy — 0.8000; SL — 0.7980; TP1 — 0.8040; TP3 — 0.8070.
Reason: narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market supported by Senkou Span B.

1505463791-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-continued-consolidation-in-cloud-3753

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EUR/USD: "THORN" PATTERN
10:32 15.09.2017

1505471505-f8d11ca7f886c47cf16b08591abdc

The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating between the 34 & 55 Moving Averages. So, the market is likely going to continue moving up towards the next resistance at 1.1975 - 1.2003. If a pullback from this area happens, we could have a decline in the direction of the nearest support at 1.1909 - 1.1892.

1505471505-8e9085aa83c3cc169c4a3fbf06d92

Bears faced with support at 1.1850, so there's a "Thorn" pattern, which pushed the price to resistance at 1.1925. In this case, the market is likely going to reach another resistance at 1.1975 - 1.2003 during the day. However, if we have a pullback from these levels, bears will probably try to catch the closest support at 1.1907 - 1.1892.

More:
https://fbs.com/analytics/articles/eur-usd-thorn-pattern-3759

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GBP/USD: BROKEN "FLAG"
10:35 15.09.2017

1505471505-8baf26c1744315e559d9d04d092a5

The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless, the price is likely going to continue moving up towards the next resistance at 1.3479, which could be a departure point for a bearish correction.

1505471504-2c937dfe9293b4fdd71e27d662bf3

The last "Flag" pattern has been broken, so the price is rising. The main bullish target is the closest resistance at 1.3444 - 1.3479. If a pullback from this area happens little later on, there'll be an opportunity to have a downward correction.

More:
https://fbs.com/analytics/articles/gbp-usd-broken-flag-3760

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EUR/USD: BULLISH "HAMMER" ON 89 MA
11:14 15.09.2017

1505473876-88aedd8439092a32dfef0a42b6cfe

We've got a bullish "Hammer" on the 89 Moving Average, but the price faced with the nearest resistance. So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.

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The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives little later on, there'll be an opportunity to have just another bearish price movement.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-hammer-on-89-ma-3761

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USD/JPY: BULLS WENT THROUGH THE "WINDOW"
11:16 15.09.2017

1505473876-d99890dd861592be7a643857c1077

The 55 Moving Average has acted as support once again, so there's a "Hammer" on this line. Considering confirmation of this pattern, the market is likely going to continue moving up towards the next "Window".

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Bulls went through the "Window" and there isn't any reversal pattern so far. However, we could have a local bearish correction during the day. Nevertheless, the price is likely going to climb even higher afterwards.

More:
https://fbs.com/analytics/articles/usd-jpy-bulls-went-through-the-window-3762

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EUR/USD: 0/8 MM LEVEL HAS ACTED AS SUPPORT
11:33 15.09.2017

1505475117-a2778b3e72f73df63b770c11840a3

There's a pullback from 5/8 MM Level, so wave 4 may have been formed. In this case, we could have another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.

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0/8 MM Level has acted as support, so the price is rising. It seems like we're going to have an upward impulse in wave in the coming hours. If a pullback from 5/8 MM Level arrives little later on, there'll be an opportunity to have a local bearish correction.

More:
https://fbs.com/analytics/articles/eur-usd-0-8-mm-level-has-acted-as-support-3765

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NZD/USD: KIWI IS RESUMING TREND
07:17 18.09.2017

Recommendation:

BUY 0.7305

SL 0.725

TP1 0.745 TP2 0.7505

On the daily chart, NZD/USD is forming 5-0 senior pattern and the junior “Bat” pattern. Triggering of the latter will increase the risks of continuation towards 88.6%.

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On H1, NZD/USD reached targets of the “Widening wedge”. The level of 88.6% of the wave 4-5 (previous buying point) is acting as support. There’s 23.6% level of the wave CD of the inverted “Shark” pattern. Inability of bears to lower the pair below this important support will be a reason for long positions.

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More:
https://fbs.com/analytics/articles/nzd-usd-kiwi-is-resuming-trend-3778

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AUD/USD IS SETTING A TRAP
07:41 18.09.2017

Recommendation:

SELL 0.8055

SL 0.811

TP1 0.802 TP2 0.8005

On the daily chart, bulls managed to defend support in the form of the upper border of the triangle and lower border of the uptrend medium-term channel. This increases the chance that the bullish trend will resume towards 200% target of AB=CD.

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On H1, AUD/USD has many chances to reach the targets of the “Shark” pattern. When it gets to 113% target, there may be selling, however, with moderate targets. When the pair reaches these targets, bulls will likely regain the initiative.  

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More:
https://fbs.com/analytics/articles/aud-usd-is-setting-a-trap-3779

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