riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 AUD/USD RAN INTO SHARKS 07:38 09.10.2017 Recommendation: SELL 0.773 SL 0.7785 TP 0.76 SELL 0.786 SL 0.7915 TP1 0.773 TP2 0.76 On the daily chart, AUD/USD keeps going to 161.8% and 88.6% targets of the junior “Crab” pattern and the senior “Shark” pattern. They are situated around 0.76. The trend remains descending, so the pullbacks may be used for selling. On H1, AUD/USD can trigger the inverted “Shark” pattern and correct towards its target at 88.6%. To do this, bears need to break the diagonal resistance in the form of the upper border of the downtrend channel. More:https://fbs.com/analytics/articles/aud-usd-ran-into-sharks-4262 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 EUR/USD: "THORN" PATTERN PUSHED PRICE HIGHER 09:16 09.10.2017 There's a "Thorn" pattern, which pushed the price higher, but bulls faced with resistance at 1.1739. In this case, the market is likely going to test the nearest support at 1.1688, which could be a departure point for an upward price movement towards the next resistance at 1.1772 - 1.1793. The price is consolidating near the 55 Moving Average. Also, there's a local "Triple Top" pattern, so bears are likely going to reach the closest support at 1.1695 - 1.1688. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of another resistance at 1.1772 - 1.1793. More:https://fbs.com/analytics/articles/eur-usd-thorn-pattern-pushed-price-higher-4266 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 GBP/USD: "V-BOTTOM" PATTERN 09:17 09.10.2017 Bears faced with support at 1.3017, so we've got a "V-Bottom" pattern. In this case, the pair is likely going to achieve the nearest resistance at 1.3182 in the short term. However, if we have a pullback from this level, there'll be an option to have another decline towards the closest support area at 1.3017 - 1.2994. The price has been rising since a "V-Bottom" pattern was formed. The main intraday target is the nearest resistance at 1.3182 - 1.3221. Meanwhile, if we see a pullback from these levels, bears will probably try to reach the next support at 1.3017 - 1.2994 soon. More:https://fbs.com/analytics/articles/gbp-usd-v-bottom-pattern-4267 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 EUR/USD: ANOTHER PULLBACK FROM 0/8 MM LEVEL 10:00 09.10.2017 There's another pullback from 0/8 MM Level, so wave 4 may have been formed. Also, we've got a possible ending diagonal in wave [c] of 4. In this case, bulls are likely going to deliver an impulse in wave . The main intraday target is 2/8 MM Level. -1/8 MM Level has acted as support, so we've got an upward impulse in wave (i). Moreover, wave (ii) is likely ended, so there's an opportunity to have another bullish impulse in wave (iii) of [iii] during the day. More: https://fbs.com/analytics/articles/eur-usd-another-pullback-from-0-8-mm-level-4268 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 USD/JPY: "TWEEZERS" AND "ENGULFING" PATTERNS 11:56 09.10.2017 We've got a "Tweezers" and an "Engulfing" patterns, which both have been formed at the local high. So, the 34 Moving Average is likely going to act as support soon. If a pullback from this line happens, we could have another bullish rally. The price is still consolidating, cause the 144 Moving Average is acting as support. In this case, the pair is likely going to test the upper "Window", which could be a departure point for another decline. More:https://fbs.com/analytics/articles/usd-jpy-tweezers-and-engulfing-patterns-4269 Link to comment Share on other sites More sharing options...
riki143 Posted October 9, 2017 Author Report Share Posted October 9, 2017 EUR/USD: BULLISH "HIGH WAVE" 11:57 09.10.2017 There's a "High Wave" pattern, which has been confirmed. So, the market is likely going to test the 34 Moving Average, which could be a departure point for another decline. We've got a local bullish "High Wave", so there's an opportunity to have an intraday upward price movement. The main target for buyers is the 144 Moving Average line. More:https://fbs.com/analytics/articles/eur-usd-bullish-high-wave-4270 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 AUD/USD: AUSSIE IN CORRECTION TO KIJUN 04:56 10.10.2017 Technical levels: support – 0.7760; resistance – 0.7800 Trade recommendations: Sell — 0.7800; SL — 0.7820; TP1 — 0.7760; TP2 — 0.7715. Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in correction inside of the channel Tenkan-Kijun. More:https://fbs.com/analytics/articles/aud-usd-aussie-in-correction-to-kijun-4285 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 USD/JPY: DOLLAR ENTERED INTO CLOUD 04:57 10.10.2017 Technical levels: support – 112.40; resistance – 113.30. Trade recommendations: Sell — 112.30; SL — 112.50; TP1 — 111.90; TP2 — 111.60. Reason: bullish Ichimoku Cloud with rising Senkou Span B, but horizontal Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, with horizontal Tenkan-sen and Kijun-sen; the prices are breaking down the SSA’s support and entered into the Cloud. More:https://fbs.com/analytics/articles/usd-jpy-dollar-entered-into-cloud-4286 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 XAU/USD: BULLS COUNTERATTACKED 07:54 10.10.2017 Recommendation: SELL $1277 SL $1292 TP $1247 On the daily chart, XAU/USD bulls managed to get to an important support at $1267 an ounce and let the pair outside of the short-term descending channel. The pair’s currently getting ready to conquer resistance at $1289. Success in this will open the way to $1302 and $1317. Failure will return the initiative to the bears. On H1, after reaching 200% target of AB=CD XAU/USD pulled back. To resume active selling, bears need to return the pair inside the downtrend channel. More:https://fbs.com/analytics/articles/xau-usd-bulls-counterattacked-4289 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 USD/CAD: BULLS TOOK A PAUSE 08:07 10.10.2017 Recommendation: BUY 1.2595 SL 1.254 TP1 1.2715 TP2 1.292 TP3 1.324 On the daily chart, bulls decided to take a pause after reaching the maximal level since the end of August. Until then, as long as the quotes are above support at 1.2462 (23.8% of the last medium-term term descending wave), buyers remain in control of the pair. On H1, USD/CAD pulled back down after reaching resistance at 88.6% of the last descending wave and 161.8% target of AB=CD. To resume the uptrend bulls need to push the pair above 1.2595. More:https://fbs.com/analytics/articles/usd-cad-bulls-took-a-pause-4291 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 EUR/USD: 34 MA ACTING AS RESISTANCE 08:29 10.10.2017 The 34 Moving Average is acting as resistance, but the market is likely going to reach the next resistance at 1.1822 - 1.1837 in the short term. If a pullback from this area happens, we could have a decline towards the nearest support at 1.1739 - 1.1714. The price has been rising since a pullback from the downtrend happened. The main intraday target is the closest resistance at 1.1822 - 1.1831, which could be a departure point for a bearish correction. More:https://fbs.com/analytics/articles/eur-usd-34-ma-acting-as-resistance-4292 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 GBP/USD: MARKET GOING TO TEST 89 MA 08:31 10.10.2017 There's a "V-Bottom", so the price is consolidating. It's likely that the market is going to test the 89 Moving Average in the short term. If a pullback from this line happens, there'll be an opportunity to have a decline towards the nearest support at 1.3150 - 1.3115. The 55 Moving Average acted as resistance. At the same time, bulls are likely going to test the closest resistance at 1.3221 - 1.3256 during the day. If we see a pullback from these levels, bears will probably try to test another support at 1.3150 - 1.3115 afterwards. More:https://fbs.com/analytics/articles/gbp-usd-market-going-to-test-89-ma-4293 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 EUR/USD: EXTENSION IN WAVE (III) OF 08:54 10.10.2017 The price has been rising since a pullback from 0/8 MM Level happened. So, there's a developing bullish impulse, which could be wave . The main intraday target is 2/8 MM Level. There's an extension in wave (iii) of , which hasn't been finished yet. Therefore, the price is likely going to test 3/8 MM Level, which could be a departure point for wave (iv). Nevertheless, bulls will try to reach 4/8 MM Level afterwards. More: https://fbs.com/analytics/articles/eur-usd-extension-in-wave-iii-of-i-4294 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 USD/JPY: CONSOLIDATION ABOVE "WINDOW" 12:07 10.10.2017 The price is still consolidating above the upper "Window". Also, there are a "Tweezers" and an "Engulfing" patterns, which both have been formed at the last high. So, bears are likely going to test the 89 Moving Average soon. There's an opportunity to have any bullish pattern on the achieved "Window" level. If so, we're likely going to have a local upward correction. Nevertheless, bears will try to deliver another decline. More:https://fbs.com/analytics/articles/usd-jpy-consolidation-above-window-4295 Link to comment Share on other sites More sharing options...
riki143 Posted October 10, 2017 Author Report Share Posted October 10, 2017 EUR/USD: "THREE METHODS" PATTERN 12:10 10.10.2017 The last "High Wave" pattern led to an achievement of the 55 Moving Average, which acted as resistance. However, bulls are likely going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on, we could have another decline. There's a "Three Methods" pattern, which pushed the price even higher, so the 144 MA has been broken. Meanwhile, there's an opportunity to have a downward correction towards the nearest support, which could be a departure point for just another bullish price movement. More:https://fbs.com/analytics/articles/eur-usd-three-methods-pattern-4296 Link to comment Share on other sites More sharing options...
riki143 Posted October 11, 2017 Author Report Share Posted October 11, 2017 EUR/USD: 89 MA ACTED AS RESISTANCE 06:56 11.10.2017 The 89 Moving Average has acted as resistance, so the price is consolidating. Nevertheless, the pair is likely going to test the next resistance at 1.1848 - 1.1860 in the short term. If a pullback from this area happens little later on, there'll be an opportunity to have a bearish correction towards the nearest support at 1.1793 - 1.1772. The price is consolidating between the levels 1.1822 - 1.1793. The main intraday target is the closest resistance at 1.1848 - 1.1860. However, if we see a pullback from these levels, bears will probably try to achieve another support at 1.1822 - 1.1793. More:https://fbs.com/analytics/articles/eur-usd-89-ma-acted-as-resistance-4311 Link to comment Share on other sites More sharing options...
riki143 Posted October 11, 2017 Author Report Share Posted October 11, 2017 GBP/USD: LOCAL "DOUBLE TOP" PATTERN 06:57 11.10.2017 There's a consolidation, which is taking place under the nearest resistance at 1.3221. The main intraday target is the closest support at 1.3182 - 1.3150. If we have a pullback from this area, bulls will probably try to reach the 89 Moving Average. The 89 Moving Average has acted as resistance, so there's a "Double Top" pattern. In this case, the market is likely going to test the 34 MA during the day. Meanwhile, if a pullback from this line happens afterwards, there'll be an option to have an upward price movement in the direction of the next resistance at 1.3221 - 1.3256. More:https://fbs.com/analytics/articles/gbp-usd-local-double-top-pattern-4312 Link to comment Share on other sites More sharing options...
riki143 Posted October 11, 2017 Author Report Share Posted October 11, 2017 EUR/USD: WAVE ABOUT TO END 07:16 11.10.2017 Wave 4 may have been formed, cause there's a pullback from 0/8 MM Level. Also, a bullish impulse in wave is about to end, so we could have a downward correction in the short term. The main intraday target for wave [ii] is 1/8 MM Level, which could be a departure point for wave [iii] of 5. There's a developing impulse in wave . It's likely that wave (v) is going to end on 4/8 MM Level. Therefore, there's an opportunity to have wave [ii] during the day. In this case, we should keep an eye on 2/8 MM Level as an intraday bearish target. More: https://fbs.com/analytics/articles/eur-usd-wave-i-about-to-end-4313 Link to comment Share on other sites More sharing options...
riki143 Posted October 11, 2017 Author Report Share Posted October 11, 2017 USD/JPY: "SHOOTING STAR" PATTERN 12:21 11.10.2017 The price is still consolidating. Also, there's a bullish "Engulfing" on the 55 Moving Average, but this pattern remains unconfirmed. So, the price is likely going to continue moving down until any reversal pattern arrives. We've got a "Shooting Star" pattern, which has been formed on the 55 & 89 Moving Averages. In this case, the pair is likely going to test the nearest support area during the day. More:https://fbs.com/analytics/articles/usd-jpy-shooting-star-pattern-4325 Link to comment Share on other sites More sharing options...
riki143 Posted October 11, 2017 Author Report Share Posted October 11, 2017 EUR/USD: PRICE GOING TO TEST MOVING AVERAGES 12:23 11.10.2017 There's a bearish "Shooting Star", which has been formed on the 89 Moving Average. However, this pattern is still unconfirmed, so we could have just a local correction. Therefore, bulls are likely going to deliver a new local high soon. At the same time, we've got a confirmed "Shooting Star" on the one-hour chart. So, the price is likely going to test the Moving Averages in the coming hours. If a pullback from these lines happens next, there'll be an opportunity to have another upward price movement. More:https://fbs.com/analytics/articles/eur-usd-price-going-to-test-moving-averages-4326 Link to comment Share on other sites More sharing options...
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now