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GBP/USD: BEARISH "PENNANT"
09:07 28.09.2017

1506589446-b42b245bd8c6528671e381f13716d

There's a downward "Wedge", so the market is likely going to decline towards the nearest support at 1.3328 - 1.3278. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.3444 - 1.3479

1506589445-a1865e43e1ffac004a1ccfcd9c788

We've got a consolidation, which is taking place under the 34 Moving Average. Also, there's a "Pennant", so bears are likely going to decline towards the next support at 1.3328 - 1.3278. Meanwhile, if a pullback from these levels arrives afterwards, bulls will try to test the nearest resistance at 1.3374 - 1.3404.

More:
https://fbs.com/analytics/articles/gbp-usd-bearish-pennant-4051

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EUR/USD: BULLISH "TWEEZERS" PATTERN
12:40 28.09.2017

1506602368-e33f6801b512c0fd40d95d319ccb2

There are bullish patterns such an "Inverted Hammer" and an "Engulfing", which both have been confirmed enough. So, we could have a local upward correction. If a pullback from the nearest resistance happens, bears will try to deliver a new local low.

1506602368-f99738892c94965f1f51c8264bce0

We've got a bullish "Tweezers" pattern. Also, there's a "Three White Soldiers", so we should keep an eye on the 55 Moving Average as an intraday target. If a pullback from this line happens, there'll be an opportunity to have another decline.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-tweezers-pattern-4052

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USD/JPY: BEARISH "ENGULFING
12:42 28.09.2017

1506602368-9b3402130b5add5c974b351bfa9fb

We've got a bearish "Engulfing", but confirmation of this pattern is a quite weak. So, we could have just a local correction. In this case, bulls are likely going to break the last high once again.

1506602368-90f8fa4f628b9cbc46c62930a7d2d

There are a "Harami" and a "High Wave" patterns, which both have been formed at the local high. Therefore, the 55 Moving Average is likely going to act as support during the day.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-engulfing-4053

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EUR/USD: TWO PULLBACKS FROM 0/8 MM LEVEL
13:06 28.09.2017

1506603955-1cf44e8e7098782e26c836c1138f8

Wave 4 may have been formed like a zigzag, cause there's a pullback from 0/8 MM Level. Therefore, we're likely going to have an upward impulse in wave 5 soon.

1506603955-cf5a9963aa5c15e3db2dc4025422a

There are two pullbacks from 0/8 MM Level in a row, so the price is rising. It's likely that we've got developing wave . If so, wave (iii) is going to move on in the short term.

More:
https://fbs.com/analytics/articles/eur-usd-two-pullbacks-from-0-8-mm-level-4054

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GBP/USD: POUND SUPPORTED INSIDE CLOUD
06:47 29.09.2017

Technical levels: support – 1.3310, 1.3380; resistance – 1. 3560.

Trade recommendations:

Buy — 1.3400; SL — 1.3380; TP1 — 1.3510; TP2 — 1.3560.
Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the prices are on the strong support inside a Cloud.

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More:
https://fbs.com/analytics/articles/gbp-usd-pound-supported-inside-cloud-4065

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AUD/USD: AUSSIE REACHED MAIN SUPPORT
06:48 29.09.2017

Technical levels: support – 0.7800, 0.7830; resistance – 0.7880, 0.7900.

Trade recommendations:

Buy — 0.7840; SL — 0.7820; TP1 — 0.7880; TP2 — 0.7900.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the oversold area yet, but entered into the channel of Tenkan-Kijun and can grow to Kijun’s levels.

1506667625-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-reached-main-support-4066

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EUR/USD: EURO PAINTED A WEDGE
07:31 29.09.2017

Recommendation:

SELL 1.1870 SL 1.1925 TP 1.1755

SELL 1.1910 SL 1.1965 TP 1.1790

On the daily chart, EUR/USD keeps forming “Shark” pattern and “Head and Shoulders”. Further fate of the pair will depend on the test of the neckline. There’s an important resistance at 1.1860-1.1865.

1506670245-8afba167b3e7c15d0d5d28d0f3c7b

On H1, EUR/USD is finishing “Widening wedge” pattern. A successful test of resistance at 1.1805 will trigger the “Dragon” pattern and increase the odds of growth towards 50%, 61.8% and 78,6% of the wave 4-5. The sellers will take it from there.

1506670259-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-usd-euro-painted-a-wedge-4068

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EUR/GBP: BULLS COUNTERATTACKED
07:41 29.09.2017

Recommendations:

BUY 0.881 SL 0.8755 TP1 0.891 TP2 0.9

SELL 0.8755 SL 0.881 TP 0.8655

On the daily chart, EUR/GBP bulls are trying to hold at the lower border of the 0.8775-0.8900 consolidation range. If they fail, a formation of the “Shark” and “Shakeout-Fakeout” pattern will increase the risks of the pair’s advance above 0.9000.

1506670805-56123217670f454135dc08eee35d0

On H1, EUR/GBP is in the final stage of the “Widening wedge”. A break of resistance at 0.8795 (23.6% of the wave 4-5) and 0.8810 will open the way to the upside. Selling the pair will become a good idea below support at 0.8755.

1506670820-311438cdc50bb0f634d8ee27e47a0

More:
https://fbs.com/analytics/articles/eur-gbp-bulls-counterattacked-4069

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EUR/USD: "DOUBLE BOTTOM"
09:14 29.09.2017

1506676415-9e6489d0933af31b2ffd26b9dfaf5

There's a "Double Bottom", so the price reached the nearest resistance at 1.1793. Meanwhile, the market is likely going to continue moving up towards the next resistance at 1.1822 - 1.1837. If a pullback from this area happens, we could have a decline in the direction of the closest support at 1.1793 - 1.1772.

1506676415-d0adcc2420ad6f4a63982c707ff05

The price is consolidating between the levels 1.1772 - 1.1793. Also, we've got a "Pennant" pattern, which has been broken. So, we bulls are likely going to reach the next resistance at 1.1822 - 1.1837 in the coming hours. If we have a pullback from these levels, bears will probably try to deliver a downward correction.

More:
https://fbs.com/analytics/articles/eur-usd-double-bottom-4073

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GBP/USD: "PENNANT" PATTERN
09:17 29.09.2017

1506676415-fe643e743a47f7e577516988b1816

The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward "Wedge", so the pair is likely going to reach the nearest resistance at 1.3479 - 1.3533 in the short term. If a pullback from this area happens, we could have a decline towards the closest support at 1.3444 - 1.3374.

1506676415-921e6f3abed336006efafa34846ed

There's a downward "Wedge", so the price is consolidating. Also, we've got a "Pennant" pattern, so bulls are likely going to achieve the next resistance at 1.3479 - 1.3513 during the day. However, if we have a pullback from this area, there'll be an opportunity to have a downward price movement in the direction of support at 1.3404 - 1.3374.

More:
https://fbs.com/analytics/articles/gbp-usd-pennant-pattern-4074

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EUR/USD: BULLISH "THREE METHODS"
12:30 29.09.2017

1506688151-25eaad07399ed342357bc53c8d48a

The last "Inverted Hammer" and "Engulfing" patterns led to the current bullish price movement. Also, there's a "Three Methods", so we could have the price even higher. However, if a pullback from the nearest resistance happens little later on, we could have another decline.

1506688151-28d241ed07d13022d9832bc4942c1

There's a bullish "Three Methods", which has been confirmed. So, the 89 Moving Average is likely going to act as resistance in the coming hours.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-three-methods-4076

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USD/JPY: PRICE GOING TO TEST 55 MA
12:32 29.09.2017

1506688151-cc58da585b3846145b6fb56ae0aa3

We've got a bearish "Engulfing" pattern, which is still on the table. So, the price is likely going to test the 55 Moving Average, which could be a departure point for another upward price movement.

1506688151-1b829e1d91fd02e324b6c37635154

There's a bullish "Harami", which has been formed on the 55 Moving Average. However, this pattern hasn't been confirmed enough. In this case, the pair is likely going to test the nearest "Window" during the day. If a pullback from this level happens, we could have a decline towards the last low.

More:
https://fbs.com/analytics/articles/usd-jpy-price-going-to-test-55-ma-4077

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EUR/USD: PULLBACK FROM 0/8 MM LEVEL
12:47 29.09.2017

1506689195-48cecc89124a665a18da4704ba981

There's a pullback from 0/8 MM Level, so wave 4 may have been formed. The price is rising and it seems like wave is about to end. So, if 2/8 MM Level acts as resistance, we could have wave [ii].

1506689195-7a84ffba58c7e276a8b8b3256ae0c

We've got a developing bullish impulse, which could be wave . The main target for wave (v) is 2/8 MM Level, which could be a departure point for a local bearish correction.

More:
https://fbs.com/analytics/articles/eur-usd-pullback-from-0-8-mm-level-4078

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GOLD (XAU/USD) LOOKING TO MAKE A STRONG REBOUND
19:30 01.10.2017

Bears have been the headliners in the Gold’s price action across the board and according to the H4 chart, XAU/USD is expected to finish a correction started since three weeks ago. Between the 1280.95 and 1258.04 we’re expecting a demand zone to be found in order to gather momentum in favor of the bulls. If that happens, then we might expect a rally towards the -23.6% at 1393.38 level.

RSI indicator remains in the positive territory and invalidation zone for our outlook in the yellow metal is placed at the 1237.27 level.

1506886240-d5eb9b05cbcbc3f839b5c5fece960

More:
https://fbs.com/analytics/articles/gold-xau-usd-looking-to-make-a-strong-rebound-4090

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EUR/USD: EURO MAY RETURN TO CLOUD
06:49 02.10.2017

Technical levels: support – 1.1725, 1.1750; resistance – 1.1800, 1.1825.

Trade recommendations:

Buy — 1.1750; SL — 1.1730; TP1 — 1.1800; TP2 – 1.1825.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-se with rising Tenkan-sen; the market is on the support of the daily Cloud.

1506926950-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-may-return-to-cloud-4096

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GBP/USD: POUND WILL TEST SSB’S SUPPORT
06:50 02.10.2017

Technical levels: support – 1.3280; resistance – 1. 3410.

Trade recommendations:

Buy — 1.3280; SL — 1.3260; TP1 — 1.3410; TP2 — 1.3460.
Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen, but rising Tenkan-sen; the prices are on the strong support inside a Cloud.

1506926950-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-will-test-ssb%E2%80%99s-support-4097

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NZD/USD: WILL KIWI RETURN TO BEARS?
06:59 02.10.2017

Recommendations:

BUY 0.7225 SL 0.728 TP1 0.728 TP2 0.737

SELL 0.7175 SL 0.7105 TP2 0.705

On the daily chart, the inability of bulls to hold the pair above the lower border of the bullish trend channel increases the risks of the pair’s advance to 127.2% target of AB=CD.

1506927496-fb9be1d9d65d6402746f6573306cf

On H1, NZD/USD formed a “Widening wedge” pattern within consolidation to the short-term downtrend. The pair’s return to 23.6% of the wave 4-5 will create grounds for a reversal. On the other hand, decline below 88.6% of the wave 4-5 will be a signal of the bearish trend resumption.

1506927509-3696dc2326705fd45dfa7b732beb8

More:
https://fbs.com/analytics/articles/nzd-usd--will-kiwi-return-to-bears-4098

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AUD/USD: BEARS MADE A STOP
07:05 02.10.2017

Recommendation:

SELL 0.781 SL 0.7865 TP 0.7725 TP2 0.761

BUY 0.786 SL 0.7805 TP1 0.7915 TP2 0.7935

On the daily chart, AUD/USD reached 88.6% target of the “Bat” pattern. This increases the odds of the pair’s growth. On the other hand, if the Aussie returns to September low the “Bat” will start transforming into “Crab” with the target at 161.8%.

1506927862-1db64c049cc9775b27418fd0e6b08

On H1, AUD/USD is consolidating within the short-term downtrend. A break of its lower border will allow bears to continue the decline. On the other hand, successful test of resistance at 0.7860 will be a signal for bulls to counterattack.

1506927875-ef00342837a633bda01cab6a3fe3e

More:
https://fbs.com/analytics/articles/aud-usd-bears-made-a-stop-4099

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EUR/USD: BROKEN UPWARD "WEDGE"
07:50 02.10.2017

1506930552-a4648bd22c3ac52217ee04aaed0cb

There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to continue declining towards the next support at 1.1739 - 1.1714. If a pullback from this area happens, we could have an upward correction in the direction of the closest resistance at 1.1772 - 1.1793.

1506930552-be237c3731cd85251fe2393924288

We've got an upward "Wedge", which has been broken, so the price is declining. Therefore, we should keep an eye on the nearest support at 1.1739 - 1.1714 as an intraday target. However, we have a pullback from these levels, there'll be an opportunity to see a bullish price movement towards the closest resistance at 1.1772 - 1.1793.

More:
https://fbs.com/analytics/articles/eur-usd-broken-upward-wedge-4100

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GBP/USD: MOVING AVERAGES ACTED AS RESISTANCE
07:52 02.10.2017

1506930551-ccac85e59d219f0b990c82c123c08

The price is consolidating in a range of the developing "Wedge". So, the upper side of this pattern is likely going to be broken soon. The main intraday target is the nearest resistance at 1.3479 - 1.3533, which could be a departure point for another decline.

1506930551-456bf34c492cfab89d5cfd70952c4

The Moving Averages have acted as resistance, so the price is declining. Meanwhile, if we see a pullback from the nearest support at 1.3328, bulls are likely going to break the local uptrend. If so, the price could achieve the closest resistance at 1.3404 - 1.3444.

More:
https://fbs.com/analytics/articles/gbp-usd-moving-averages-acted-as-resistance-4101

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