riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 GBP/USD: BREAKDOWN OF SUPPORT 07:13 05.10.2017 Technical levels: support – 1.3200, 1.3090; resistance – 1.3280. Trade recommendations: Sell — 1.3190; SL — 1.3210; TP1 — 1.3090; TP2 — 1.3050. Reason: expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and Kijun-sen; the prices are breakdown the main support of the Cloud and entered into the negative area. More:https://fbs.com/analytics/articles/gbp-usd-breakdown-of-support-4197 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 AUD/USD: AUSSIE TESTED CLOUD’S RESISTANCE 07:13 05.10.2017 Technical levels: support – 0.7800; resistance – 0.7880. Trade recommendations: Buy — 0.7830; SL — 0.7810; TP1 — 0.7880; TP2 — 0.7900. Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are returned to the support of Tenkan-sen and Kijun-sen. More:https://fbs.com/analytics/articles/aud-usd-aussie-tested-cloud%E2%80%99s-resistance-4198 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 [B[EUR/JPY: THE TRUCE HAS RUN OVER TIME[/B] 07:16 05.10.2017 Recommendations: BUY 133.05 SL 132.5 TP1 134.05 TP2 135 SELL 132 SL 132.55 TP1 131.25 TP2 130.4 TP3 129.8 On the daily chart, EUR/JPY is consolidating within a bullish trend. A break of its lower border and exit outside the uptrend channel will increase the risks of a pullback to 129.80. On H1, EUR/JPY got stuck between 132 and 133.05. A successful test of its lower border will allow triggering of AB=CD pattern with a target at 200%. On the other hand, a break of resistance at 133.05 creates room for the uptrend’s resumption. More:https://fbs.com/analytics/articles/eur-jpy-the-truce-has-run-over-time-4199 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 USD/CAD: LOONIE IS BREAKING THE TREND 07:34 05.10.2017 Recommendation: BUY 1.2595 SL 1.254 TP1 1.2715 TP2 1.292 TP3 1.325 On the daily chart, USD/CAD bulls managed to overcome resistance at 1.2462. If they manage to conquer the level of 1.2717, the risks of an inverted “Shark” pattern will significantly increase. Its 88.6% target is at 1.3250. On H1, a break of resistance at 1.2533 will open the way to 1.2595 (88.6% of the last descending wave + 161.8% target of AB=CD). A successful test of this level will allow bulls to continue the rally. More:https://fbs.com/analytics/articles/usd-cad-loonie-is-breaking-the-trend-4201 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 EUR/USD: PRICE GOING TO REACH 89 MA 08:43 05.10.2017 The price is consolidating between the levels 1.1739 - 1.1793. It's likely that the market is going to test the 34 Moving Average during the day. If a pullback from this line happens later on, we could have just another decline towards the nearest support area at 1.1714 - 1.1688. The 55 Moving Average has acted as resistance, so the price is consolidating. However, the price is likely going to reach the 89 MA, which could be a departure point for another decline. More:https://fbs.com/analytics/articles/eur-usd-price-going-to-reach-89-ma-4202 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 GBP/USD: "PENNANT" PATTERN 08:45 05.10.2017 Bears faced with support at 1.3223, so the price is consolidating near the 89 Moving Average. Also, there's a "Flag" pattern, so the market is likely going to reach the nearest support st 1.3182 - 1.3150 in the short term. If a pullback from these levels happens little later on, there'll be an opportunity to have an upward price movement towards the next resistance at 1.3278. We've got a "Pennant" pattern, which lower side has been broken. So, the pair is likely going to achieve the next support at 1.3182 - 1.3150. However, if we see a pullback from this area, bulls will probably try to test the 34 Moving Average. More:https://fbs.com/analytics/articles/gbp-usd-pennant-pattern-4203 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 EUR/USD: LEADING DIAGONAL IN WAVE (I) 08:53 05.10.2017 The price faced with support on 0/8 MM Level, so wave 4 may have been ended as a zigzag pattern. In this case, we're likely going to have an upward impulse in wave , so we should keep an eye on 3/8 MM Level as the nearest bullish target. There's a leading diagonal in wave (i), but wave (ii) hasn't been finished yet. So, the pair is likely going to test 0/8 MM Level, which could be a departure point for wave (iii) of . More: https://fbs.com/analytics/articles/eur-usd-leading-diagonal-in-wave-i-4204 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 USD/JPY: 144 MA GOING TO ACT AS SUPPORT 11:49 05.10.2017 The price is consolidating above the "Window", which is likely going to act as support once again soon. If a pullback from the 34 Moving Average happens, there'll be an opportunity to have another upward price movement. There's a "Shooting Star", so the price is declining. Also, there isn't any reversal pattern so far. The 144 Moving Average is likely going to act as support. If so, bulls will probably try to deliver another rally. More;https://fbs.com/analytics/articles/usd-jpy-144-ma-going-to-act-as-support-4205 Link to comment Share on other sites More sharing options...
riki143 Posted October 5, 2017 Author Report Share Posted October 5, 2017 EUR/USD: DEVELOPING "THREE BLACK CROWS" 11:51 05.10.2017 There's a bullish "Engulfing", which has been confirmed by the last "Three Methods" pattern. So, the 34 Moving Average is likely going to act as resistance in the short term. If a pullback from this line happens, we could have another decline soon. It's likely that there's a developing "Three Black Crows" pattern. If it confirms, bears are likely going to test the closest support area, which could be a departure point for an upward price movement towards the Moving Averages. More:https://fbs.com/analytics/articles/eur-usd-developing-three-black-crows-4206 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 EUR/USD IS BUILDING A FORTRESS 07:17 06.10.2017 Recommendation: BUY 1.1595 SL 1.1540 TP 1.1710 On the daily chart, EUR/USD fell below 1.17 (88.6% target of the “Shark” pattern). Bulls are ready to test support at 1.1685 (23.6% of the last bullish wave). Success will open the way to 113% target of the “Shark” On H1, a break below an important support at 1.1710 increased the risks of continuation to the downside to 1.1595-1.1605 (200% and 113% of AB=CD and “Shark”). If the euro gets there, it will create grounds for a pullback. More:https://fbs.com/analytics/articles/eur-usd-is-building-a-fortress-4226 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 EUR/GBP: BULLS ARE RESUMING THE TREND 07:39 06.10.2017 Recommendation: BUY 0.8945 SL 0.889 TP1 0.902 TP2 0.9085 On the daily chart, EUR/GBP keeps forming the invested “Shark” pattern and resuming the uptrend. A break of diagonal resistance and settling above 0.8929 will increase the risks of reaching 88.6% and 113% targets. On H1, EUR/GBP after reaching the targets of the reversal pattern “Widening wedge” started an uptrend. A beak of resistance at 0.8945 will be a signal for continuation to the upside towards the targets marked at the senior timeframe. More:https://fbs.com/analytics/articles/eur-gbp-bulls-are-resuming-the-trend-4228 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 EUR/USD: PRICE GOING TO TEST NEAREST SUPPORT 09:05 06.10.2017 The price is consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1661 - 1.1612. If a pullback from this area happens, we could have another upward price movement towards the closest resistance at 1.1688 - 1.1714. There's a consolidation, which is taking place between the levels 1.1688 - 1.1714. It's likely that the pair is going to test the next support at 1.1661 - 1.1639 during the day. Meanwhile, if we see a pullback from these levels, bulls will probably try to achieve another resistance at 1.1688 - 1.1695. More:https://fbs.com/analytics/articles/eur-usd-price-going-to-test-nearest-support-4230 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 GBP/USD: BEARS CAN'T STOP 09:08 06.10.2017 Bears faced with support at 1.3081, but the market is likely going to test the next support at 1.3017 - 1.2994 in the short term. If a pullback from this area happens, we could have a bullish price movement towards the nearest resistance area at 1.3081 - 1.3115. The price is still declining. The main bearish target is the nearest support at 1.3017 - 1.2994. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement in the direction of the closest resistance at 1.3081 - 1.3115. More:https://fbs.com/analytics/articles/gbp-usd-bears-cant-stop-4231 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 US NONFARM PAYROLLS: FORECASTS FROM BANKS 10:28 06.10.2017 The United States will release labor market data at 15:30 MT time today. According to the consensus forecast, American economy added in September only 88K of new jobs after gaining 156K in August. The reason for weak expectations in the Harvey hurricane. Apart from NFP, America will also release average hourly earnings and unemployment rate. Let’s see what outcome do the major banks envisage. More:https://fbs.com/analytics/articles/us-nonfarm-payrolls-forecasts-from-banks-4232 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 EUR/USD: "ENGULFING" AND "HAMMER" 12:12 06.10.2017 We've got a bullish "High Wave", which hasn't been confirmed enough. So, we could have just a local upward correction in the short term. If a pullback from the nearest resistance happens, bears are likely going to break the last low. We've got bullish patterns such an "Engulfing" and a "Hammer", which both have been confirmed. So, the 55 Moving Average is likely going to act as resistance during the day. More;https://fbs.com/analytics/articles/eur-usd-engulfing-and-hammer-4233 Link to comment Share on other sites More sharing options...
riki143 Posted October 6, 2017 Author Report Share Posted October 6, 2017 USD/JPY: "WINDOW" ACTING AS SUPPORT 12:14 06.10.2017 The "Window" is acting as support, so we've got an "Engulfing" pattern. Therefore, the market is likely going to reach the nearest resistance area pretty soon. There's a bearish "High Wave", which has been confirmed. So, the price is likely going to get support on the 55 Moving Average. If a pullback from this line happens, we could have just another bullish rally. More:https://fbs.com/analytics/articles/usd-jpy-window-acting-as-support-4234 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 EUR/AUD: TARGETING THE 1.5140 LEVEL 00:08 09.10.2017 EUR/AUD has gained momentum around the 65% Fibonacci retracement level at 1.4962 and now it’s targeting the -23.6% Fibo zone at 1.5138. During Friday’s session, it made a pull back in an effort to correct recent gains in the pair. If it manages to break above Friday’s highs, such target could be reached, while a pull back should take the pair to re-test the 200 SMA around the 38.2% Fibo level. RSI indicator remains in the positive territory, favoring to the bulls. More:https://fbs.com/analytics/articles/eur-aud-targeting-the-15140-level-4253 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 EUR/USD: EURO FIXED POSITIONS OVER KIJUN-SEN 05:20 09.10.2017 Technical levels: support – 1.1725, 1.1700; resistance – 1.1760/70. Trade recommendations: Sell — 1.1750; SL — 1.1770; TP1 — 1.1700; TP2 – 1.1650 Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are breakout the Kijun’s resistance, but there is a stronger resistance of the Cloud. More:https://fbs.com/analytics/articles/eur-usd-euro-fixed-positions-over-kijun-sen-4255 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 GBP/USD: POUND MADE A NEW LOWS 05:21 09.10.2017 Technical levels: support – 1.3060, 1.3000; resistance – 1.3150. Trade recommendations: Sell — 1.3150; SL — 1.3170; TP1 — 1.3060; TP2 — 1.3000. Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are tested the support of 1.3020 and returned to Kijun-sen. More:https://fbs.com/analytics/articles/gbp-usd-pound-made-a-new-lows-4256 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 NZD/USD: BEARS RETURNED HOME 07:20 09.10.2017 Recommendation: SELL 0.7145 SL 0.72 TP1 0.6045 TP2 0.6965 BUY 0.6965 SL 0.691 TP1 0.7065 TP2 0.7145 On the daily chart, NZD/USD keeps forming Gartley pattern. Its 78.6% target is near the lower border of the uptrend channel. This increases the risks of a pullback. After that, buyers may try to resume the uptrend. On H1, there’s the short-term downtrend. The nearest resistance is close to 0.7145. The inability of bulls to overcome it will signal buyers’ weakness. More:https://fbs.com/analytics/articles/nzd-usd-bears-returned-home-4261 Link to comment Share on other sites More sharing options...
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