Jump to content

Market News & Trade recommendations by FBS.com


riki143

Recommended Posts

EUR/USD: BEARS IN GAME
07:30 26.09.2017

Technical levels: support – 1.1800, 1.1725; resistance – 1.1875.

Trade recommendations:

Buy — 1.1800; SL — 1.1780; TP1 — 1.1850; TP2 – 1.1875.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are entered into the negative area, but there is a strong support on 1.1800 and the market is oversold.

1506410990-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-bears-in-game-3972

Link to comment
Share on other sites

USD/JPY: DOLLAR IS IN CORRECTION TO CLOUD
07:30 26.09.2017

Technical levels: support – 111.40, 111.10; resistance – 111.90, 112.20.

Trade recommendations:

Buy — 111.40; SL — 111.20; TP1 — 111.90; TP2 — 112.20.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun; the prices are breaking down the Kijun’s support and  in correction local trend to the Cloud.

1506410990-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-is-in-correction-to-cloud-3973

Link to comment
Share on other sites

EUR/USD: BEARS FACED WITH SUPPORT
07:59 26.09.2017

1506412634-518a639f396217f1f0f43f2bafe15

The 89 Moving Average has been broken, so there's a new local low. In this case, the market is likely going to continue declining towards the nearest support at 1.1837 - 1.1822. If a pullback from this area happens, we could have an upward correction in the direction of the closest resistance at 1.1925 - 1.1952.

1506412633-d15d5370df0bb00edf4b7d098f705

Bears faced with support at 1.1837, so the price is consolidating. Therefore, we should keep an eye on the nearest resistance at 1.1864 - 1.1874 as an intraday target. Meanwhile, if we have a pullback from these levels, bears will probably try to catch another support at 1.1837 - 1.1822.

More:
https://fbs.com/analytics/articles/eur-usd-bears-faced-with-support-3974

Link to comment
Share on other sites

GBP/USD: BULLISH "WEDGE" PATTERN
08:01 26.09.2017

1506412633-ec3348dffc6c4ca6a332e46a1c72b

The price is consolidating between the levels. Also, there's a bullish "Wedge" pattern, so the pair is likely going to test the nearest support at 1.3444 - 1.3404. If a pullback from this target happens, there'll be an opportunity to have an upward price movement in the direction of the next resistance at 1.3625 - 1.3681.

1506412633-09f970e131fab6f1a9206362ceb14

The 89 Moving Average has acted as support, so we could have a local upward correction. However, if the 34 MA acts as resistance, bears are likely going to reach another support at 1.3404 afterwards.

More:
https://fbs.com/analytics/articles/gbp-usd-bullish-wedge-pattern-3976

Link to comment
Share on other sites

EUR/USD: BEARISH "HARAMI" LED TO DECLINE
12:19 26.09.2017

1506428232-b80d818189619375eb55ad1ba5289

The last bearish "Harami" led to a decline. Also, there's a "Three Methods" pattern, so the market is likely going to continue falling down towards the nearest support area in the short term.

1506428232-ac7aeb3eb3a9265a21631ce61732a

There isn't any reversal pattern so far, but we could have a local upward correction. Anyway, bears are likely going to push the price even lower afterwards.

More:
https://fbs.com/analytics/articles/eur-usd-bearish-harami-led-to-decline-3979

Link to comment
Share on other sites

USD/JPY: 89 MA ACTED AS SUPPORT
12:23 26.09.2017

1506428232-3c0237f6901c8279f4cec2bdcb014

There are a "Shooting Star" and a "Harami" patterns, which both have been confirmed. So, we should keep an eye on the 55 Moving Average as an intraday target.

1506428232-44a52ca186c20f3b9a2689d5dd97c

The 89 Moving Average has acted as support, so we've got a bullish "High Wave" pattern on this line. In this case, the pair is likely going to test the 34 MA, which could be a departure point for another decline.

More:
https://fbs.com/analytics/articles/usd-jpy--89-ma-acted-as-support-3980

Link to comment
Share on other sites

USD/CHF: FRANC HAS DRAWN A TRIANGLE
07:09 27.09.2017

Recommendation:

BUY 0.9745 SL 0.969

TP 0.9845, SELL 0.965

SL 0.9705 TP 0.9585

On the daily chart, USD/CHF keeps forming the “Dragon” pattern. Renewal of September high will allow to expect process growth towards the curl of the Dragon’s tail and the upper border of the descending trend channel.

1506496089-a5903a7f3cf43bc4f33886526fd84

On H1, USD/CHF formed a triangle. A successful test of its upper border and resistance at 0.9745 will increase the odds of the rally’s continuation. On the other hand, a break below the triangle’s lower border, the uptrend channel, and support at 0.9650 will trigger a correction.

1506496110-351a015a31e5fdb2fee97b43bc66a

More:
https://fbs.com/analytics/articles/usd-chf-franc-has-drawn-a-triangle-4004

Link to comment
Share on other sites

GBP/USD: BEARS ENTERED INTO CLOUD
07:17 27.09.2017

Technical levels: support – 1.3310, 1.3255; resistance – 1. 3560.

Trade recommendations:

Buy — 1.3260; SL — 1.3240; TP1 — 1.3440; TP2 — 1.3560.
Reason: bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with the falling lines; the market entered into the cloudy area and may go lower to the support of Senkou Span B.

1506496620-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-bears-entered-into-cloud-4005

Link to comment
Share on other sites

AUD/USD: AUSSIE IS OVERSOLD
07:18 27.09.2017

Technical levels: support – 0.7830; resistance – 0.7900, 0.7940.

Trade recommendations:

Buy — 0.7830; SL — 0.7810; TP1 — 0.7900; TP3 — 0.7870.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the oversold area; strong support on 0.7830.

1506496620-77792247dfb92d8a1910c0d72fd89


More:
https://fbs.com/analytics/articles/aud-usd-aussie-is-oversold-4006

Link to comment
Share on other sites

GBP/USD: POUND IS FLIRTING WITH INDIANS
07:23 27.09.2017

Recommendations:

SELL 1.34 SL 1.3455 TP 1.3325 TP2 1.322

BUY 1.356 SL 1.3505 TP1 1.356 TP2 1.375

On the daily chart, GBP/USD keeps forming “Three Indians” pattern. A successful test of support at 1.3400 will allow bears to develop correction. Never the less, pound is in the clear bullish trend, so targets of shorts should be moderate.

1506496946-b6b56ed02b1869ac79ae2067aff9c

On H1, a repeated test of support at 1.34 will increase the odds of realization of 88.6% target of the “Shark” pattern. Return of the price to the middle of the 1.3465-1.3610 consolidation range will trigger “Shakeout-Fakeout” pattern and create grounds for resumption of the bullish trend.

1506496969-2cf183d9aa99dd882e50bd88c66a5

More:
https://fbs.com/analytics/articles/gbp-usd-pound-is-flirting-with-indians-4007

Link to comment
Share on other sites

EUR/USD: BROKEN "PENNANT"
08:32 27.09.2017

1506501083-84d83230f72f5a16f189c4d2e4697

Bears went through support at 1.1772, so we should keep an eye on the next support at 1.1714 - 1.1688 as the next intraday target. If a pullback from this area happens, we could have an upward correction towards the nearest resistance at 1.1772 - 1.1793.

1506501083-225443a50fe34bf07d28d2c4cdac4

The last "Pennant" pattern has been broken, so the price is declining. The main target is the closest support area at 1.1714 - 1.1688, which could be a departure point for a bullish correction.

More:
https://fbs.com/analytics/articles/eur-usd-broken-pennant-4011

Link to comment
Share on other sites

GBP/USD: BEARS GOING TO TEST ANOTHER SUPPORT
08:34 27.09.2017

1506501082-9afc452c8140c689855ef68f22a15

The local uptrend has been broken, so the pair is likely going to decline in the direction of the next support at 1.3328 - 1.3278. However, if we have a pullback from these levels, there'll be an opportunity to have an upward correction towards the nearest resistance at 1.3444 - 1.3479.

1506501082-348fa99cf0afc9179a6d7dda2ca9c

The pair faced with resistance at 1.3374, so bears are likely going to test another support at 1.3328 - 1.3278 during the day. If we have a pullback from this area, bulls will probably try to test the closest resistance at 1.3404.

More:
https://fbs.com/analytics/articles/gbp-usd-bears-going-to-test-another-support-4012

Link to comment
Share on other sites

EUR/USD: BEARISH "THREE METHODS"
12:45 27.09.2017

1506516291-93aa58d0f278d8c18b41209485fe1

We've got a bearish "Three Methods" pattern, so the price is declining. There isn't any reversal pattern so far, which means bears are likely going to push the price even lower in the short term.

1506516291-185673d510bdd10a8e1fabeb5546f

There's a bullish "Harami", but this pattern remains unconfirmed. Therefore, we could have just a local upward correction. If a pullback from the nearest resistance happens little later on, bears will try to deliver a new local low.

More:
https://fbs.com/analytics/articles/eur-usd-bearish-three-methods-4018


 

Link to comment
Share on other sites

USD/JPY: PAIR GOING TO CONTINUE MOVING UP
12:48 27.09.2017

1506516291-7de61e9c3f747e5bb1115b19af1ad

The last "Window" has been broken, so we don't have any reversal pattern so far. In this case, the pair is likely going to continue moving up towards the next resistance level.

1506516291-24f475003b9a0655e1e97464429ac

We've got a bearish "Harami", which hasn't been confirmed yet. So, there's an opportunity to have a local correction during the day. However, bulls will try to deliver a new local high afterwards.

More:
https://fbs.com/analytics/articles/usd-jpy-pair-going-to-continue-moving-up-4019

Link to comment
Share on other sites

EUR/USD: PRICE ACHIEVED 0/8 MM LEVEL
13:33 27.09.2017

1506519146-a1dcfbc641c9bdbb4a9306d2073a9

The price is still declining. It seems like wave 4 is taking the form of a zigzag, which is about to end. So, if a pullback from 0/8 MM Level happens later on, there'll be an opportunity to have wave of 5.

1506519147-fb7e1ef6f549363bd469a744d113c

The pair has achieved 0/8 MM Level, which could act as support. If so, bulls are likely going to deliver wave . The main intraday target is 2/8 MM Level.

More:
https://fbs.com/analytics/articles/eur-usd-price-achieved-0-8-mm-level-4030

Link to comment
Share on other sites

EUR/JPY: BEARS ARE LOSING POWER
07:10 28.09.2017
Recommendation:

BUY 133.05

SL 132.5

TP1 134.45 TP2 135.5

On the daily chart, after EUR/JPY reached 161.8% target of AB=CD and corrected, it rebounded from the key support level at 132.05. Bulls are trying to use pin bar and resume the uptrend.

1506582572-1f6af6cb3116c37c6462f86b902bb

On H1, EUR/JPY formed a “Widening wedge” and broke below the diagonal support in the lower part of the trade channel. To resume the uptrend, bulls will need to return the pair inside the trend channel. To do this, they should get above resistance at 133.05.

1506582586-b5844b895084494810d4a7763b181

More:
https://fbs.com/analytics/articles/eur-jpy-bears-are-losing-power-4041

Link to comment
Share on other sites

USD/JPY: BULLS KEEP PUSHING
07:15 28.09.2017

Recommendation:

BUY 112.5 SL 111.95 TP1 113.7 TP2 114.25 TP3 115.3

BUY 111.85 SL 111.35 TP1 113.7 TP2 114.25

On the daily chart, USD/JPY approached 88.6% target of the inverted “Shark” pattern. If they succeed to keep the pair above 113, the pair may go for 113% target.

1506582882-3297c54597baddc0779dab87f7356

On H1, USD/JPY keeps rising towards 224% target of AB=CD. The nearest resistance is close to 113.65. A recoil down from this level is likely. Trend remains bullish, so correction with the following recoil to the downside may be used for buying.  

1506582898-1f50b4d918123f905c31c70a9dfda

More:
https://fbs.com/analytics/articles/usd-jpy-bulls-keep-pushing-4042

Link to comment
Share on other sites

EUR/USD: EURO ON MAIN SUPPORT
07:25 28.09.2017

Technical levels: support – 1.1725; resistance – 1.1800, 1.1875.

Trade recommendations:

Buy — 1.1725; SL — 1.1700; TP1 — 1.1800; TP2 – 1.1825.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling lines; the market is oversold and the prices on the main daily support of the Cloud.

1506583534-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-on-main-support-4044

Link to comment
Share on other sites

USD/JPY: DOLLAR REACHED NEW HIGHS
07:28 28.09.2017

Technical levels: support – 112.40; resistance – 113.40.

Trade recommendations:

Sell — 113.40; SL — 113.60; TP1 — 112.60; TP2 — 112.20.
Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; but the market is overbought and the prices under the strong daily resistance.

1506583534-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-reached-new-highs-4045

Link to comment
Share on other sites

EUR/USD: PRICE GOING TO CONTINUE FALLING
09:05 28.09.2017

1506589445-205d40d853f47d3079eeeddd04f8d

Bears faced with support at 1.1714, so the price is consolidating. However, the market is likely going to continue falling down towards the next support at 1.1688 - 1.1661. If a pullback from this area happens, we could have an upward price movement in the direction of the nearest resistance at 1.1793 - 1.1822.

1506589445-133466c6f9afafe21f7151d7a5058

The price is consolidating between the levels 1.1714 - 1.1772. The 34 Moving Average is likely going to act as resistance during the day. If a pullback from this line happens, we could have another decline towards the closest support at 1.1714 - 1.1688.

More:
https://fbs.com/analytics/articles/eur-usd-price-going-to-continue-falling-4050

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...