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EUR/USD: EURO TESTED SBB’S RESISTANCE
06:54 12.10.2017

Technical levels: support – 1.1850, 1.1830; resistance – 1.1890, 1.1940.

Trade recommendations:

Buy — 1.1850; SL — 1.1830; TP1 — 1.1890; TP2 – 1.1940.
Reason: bearish Ichimoku Cloud with rising  Senkou Span A; a strong golden cross of Tenkan-sen and Kijun-se with rising Tenkan-sen and Kijun-sen; the prices are under Senkou Span B and will try to breakout.

1507791277-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-tested-sbb%E2%80%99s-resistance-4341

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USD/JPY: DOLLAR MAY GO LOWER
06:55 12.10.2017

Technical levels: support – 112.00, 111.60; resistance – 112.70.

Trade recommendations:

Sell — 112.20; SL — 112.40; TP1 — 111.60; TP2 — 111.30.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; but the market is under the Tenkan’s resistance.

1507791277-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-may-go-lower-4342

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EUR/USD: PRICE GOING TO CONTINUE RISING
07:13 12.10.2017

1507792345-94785f9067b8ffc4149b5fcadc771

All the Moving Averages have been broken, so the market is likely going to continue moving up in the short term. The main bullish target is the nearest resistance at 1.1892 - 1.1914. If we have a pullback from this area, bears will try to test the closest support at 1.1837 - 1.1822.

1507792345-a421cf4987fb6a146131c90c70091

Bulls faced with resistance at 1.1889, so the price is consolidating. In this case, bears are likely going to test the nearest support at 1.1848 - 1.1831 during the day. Meanwhile, if a pullback from these levels happens little later on, we could have another bullish rally towards the next resistance.

More:
https://fbs.com/analytics/articles/eur-usd-price-going-to-continue-rising-4343

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GBP/USD: BROKEN BULLISH "PENNANT"
07:16 12.10.2017

1507792345-c771907dcf87ad4f3f4be2bbc7d2f

We've got a bullish "Pennant", which has been broken, so the price is still rising. It seems like the pair is ready to test the next resistance at 1.3290 - 1.3342. However, if we see a pullback from this area, there'll be an opportunity to have a decline in the direction of another support at 1.3221 - 1.3182.

1507792345-fdb08e12060327b0790482a76eeda

The price faced with resistance at 1.3256, so there's a local consolidation. The 89 Moving Average is likely going to act as support during the day. If so, bulls will probably try to deliver a new local high afterwards.

More:
https://fbs.com/analytics/articles/gbp-usd-broken-bullish-pennant-4344

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EUR/USD: WAVE [II] COMING SOON
07:20 12.10.2017

1507792760-c38be44bd287c8b4be215a6636aad

The price has been rising since a pullback from 0/8 MM Level happened. Wave is about to end, so if 3/8 MM Level acts as resistance, we could have a downward correction. In this case, we should keep an eye on 1/8 MM Level as an intraday bearish target.

1507792760-0255b7fffbbbd0786809d3949546e

There's a developing bullish impulse in wave , which is likely going to end soon. Therefore, if a pullback from 6/8 MM Level happens in the coming hours, bears will probably try to test 2/8 MM Level afterwards.

More:
https://fbs.com/analytics/articles/eur-usd-wave-ii-coming-soon-4346

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USD/JPY: BEARISH "HARAMI"
11:53 12.10.2017

1507809144-e8f92659269bb7a8819f6dac1be71

The 55 Moving Average has acted as support. However, there's also resistance by the upper "Window". In this case, the price is likely going to test the 89 MA. If a pullback from this line happens, we could have another bullish rally.

1507809144-98fed794a1299fa91ef56689bdd4e

There's a bearish "Harami", which has been formed at the last local high. This pattern has been confirmed afterwards, so the price is likely going to test the nearest support level during the day.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-harami-4351

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EUR/USD: "ENGULFING" ON THE UPPER "WINDOW"
11:55 12.10.2017

1507809144-b3f25de5e9d953ea8ccccca872e79

There's a bearish "Engulfing" pattern, which hasn't been confirmed yet. In this case, the market is likely going to test the 34 Moving Average, which could be a departure point for another upward price movement.

1507809144-d4ecc23f418f4f66481eefb1e8adf

We've got an "Engulfing", which has been formed on the upper "Window". Therefore, the pair is likely going to decline in the short term. The main bearish target is the 144 Moving Average.

More:
https://fbs.com/analytics/articles/eur-usd-engulfing-on-the-upper-window-4352

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EUR/USD: NO ONE WANTS TO GIVE IN
07:01 13.10.2017

Recommendations:

SELL 1.193 SL 1.1985 TP 1.177

BUY 1.177 SL 1.1705 TP 1.193

On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for selling. The inability of bulls to lead the pair outside of the downtrend channel will point at their weakness.

1507878025-8afba167b3e7c15d0d5d28d0f3c7b

On H1, EUR/USD keeps forming the “Widening wedge”. Pullbacks towards 23.6%, 38.2% and 50% of the wave 4-5 are usually used for buying. Long positions can be entered at 1.1715 and 1.1695.

1507878039-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-usd-no-one-wants-to-give-in-4366

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EUR/GBP DOESN’T WANT TO GIVE UP
07:28 13.10.2017

Recommendation:

BUY 0.8855 SL 0.88 TP1 0.8955 TP2 0.9055

BUY 0.902 SL 0.8965 TP1 0.91 TP2 0.92

On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for buying. 

1507879638-bc1ce4ebdd72b71af2881b8edc2b5

On H1, a break below support at 0.8905-0.8915 will trigger the senior “Shark” pattern with targets at 61.8%, 78.6%, and 88.6%. Risks of the uptrend’s resumption will strengthen in case of a successful test of resistance at 0.9020 (88.6% of the wave CD of the junior “Shark” pattern).

1507879656-311438cdc50bb0f634d8ee27e47a0

More:
https://fbs.com/analytics/articles/eur-gbp-doesn%E2%80%99t-want-to-give-up-4368

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GBP/USD: POUND IS GOING TO SSB
07:37 13.10.2017

Technical levels: support – 1.3270; resistance – 1.3340.

Trade recommendations:

Sell — 1.3340; SL — 1.3360; TP1 — 1.3270; TP2 — 1.3240.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and  Kijun-sen; the prices are going to Senkou Span B after supported by Kijun-sen.

1507880223-5838ef800660551113de2aff99712

MoreL:
https://fbs.com/analytics/articles/gbp-usd-pound-is-going-to-ssb-4369

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AUD/USD: AUSSIE ENTERED INTO CLOUD
07:38 13.10.2017

Technical levels: support – 0.7800; resistance – 0.7850, 0.7880.

Trade recommendations:

Sell — 0.7850; SL — 0.7870; TP1 — 0.7800; TP2 — 0.7780.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are entered into the Cloud and will test the highs of a last week.

1507880223-42a68b4bfa2f0515dfbaa054e9dba


More:
https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-cloud-4370

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EUR/USD: 34 MA ACTED AS SUPPORT
08:08 13.10.2017

1507882028-321d858d61e125903ee11bf960e60

The price is consolidating between the levels 1.1892 - 1.1822. It's likely that bulls are going to reach the nearest resistance at 1.1892 in the short term. If a pullback from this level happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.1822 - 1.1793.

1507882028-076e62ecec93eb570bba973a268d6

The 34 Moving Average has acted as support, so the price is consolidating. In this case, bears are likely going to test the 55 Moving Average soon. However, if we have a pullback from this line, bulls will probably try to reach another resistance at 1.1879 - 1.1889.

More:
https://fbs.com/analytics/articles/eur-usd-34-ma-acted-as-support-4371

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GBP/USD: "THORN" PATTERN
08:09 13.10.2017

1507882028-e0a35a68c5463919245166309dc44

Bulls faced with resistance at 1.3290, but the market is likely going to continue moving up, so we should keep an eye on the next resistance at 1.3290 - 1.3342 as an intraday target. If we have a pullback from this area, there'll be an opportunity to have a decline towards the nearest support at 1.3221 - 1.3182.

1507882027-782a2d2fad77dd5db39efcdd29062

We've got a "Thorn" pattern, so the price is consolidating. Therefore, the market is likely going to reach the nearest support at 1.3256 - 1.3221 during the day. At the same time, if we have a pullback from these levels, bulls will probably try to test the next resistance at 1.3290 - 1.3343.

More:
https://fbs.com/analytics/articles/gbp-usd-thorn-pattern-4372

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EUR/USD: BULLS GOING TO DELIVER WAVE [III]
10:26 13.10.2017

1507890323-d6ff00347a7d6f1f0340a6623f409

There's a zigzag in wave 4, so an upward impulse in wave has been formed. In this case, we could have a correction, which could be wave [ii]. Nevertheless, bulls are likely going to deliver wave [iii] afterwards.

1507890323-6e21e226f50228a64fc3792a21dde

Wave (v) of may have been ended, cause there's a pullback from 5/8 MM Level. Wave [ii] is likely going to take the form of a zigzag, so we should keep an eye on 2/8 MM Level, which could be a departure point for wave (i) of [iii].

More:
https://fbs.com/analytics/articles/eur-usd-bulls-going-to-deliver-wave-iii-4375

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NZD/USD: BEARS ARE IN THE FORTRESS
07:05 16.10.2017

Recommendation: SELL 0.7145 SL 0.72 TP 0.698

On the daily chart, NZD/USD formed AB=CD pattern with a target at 127.2%. The pair failed to reach 78.6% of the Gartley pattern. This gives bears hope for a resumption of the downtrend. Their main task is not to let bears get above 0.7190 and 0.7780.

1508137466-fb9be1d9d65d6402746f6573306cf

On H1, further dynamics of the pair will depend on bears’ ability to return the pair below support at 0.7145. If they manage to do this, chances for a resumption of the downtrend will increase.

1508137486-3696dc2326705fd45dfa7b732beb8

More:
https://fbs.com/analytics/articles/nzd-usd-bears-are-in-the-fortress-4403

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AUD/USD: AUSSIE GOING TO SSB
07:47 16.10.2017

Technical levels: support – 0.7860; resistance – 0.7915, 0.7955

Trade recommendations:

Buy — 0.7880; SL — 0.7860; TP1 — 0.7915; TP2 — 0.7955.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen and Kijun-sen; the prices are on the strong support, but the market is overbought.

1508140047-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-going-to-ssb-4404

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USD/JPY: DOLLAR WILL TEST SSB’S SUPPORT
07:49 16.10.2017

Technical levels: support – 111.50; resistance – 112.40.

Trade recommendations:

Buy — 111.50; SL — 111.30; TP1 — 112.40; TP2 — 112.80.
Reason: narrow bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen; the prices are falling down to the support of lower border of the Cloud.

1508140047-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-will-test-ssb%E2%80%99s-support-4405

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AUD/USD: BULLS COUNTERATTACKED
08:41 16.10.2017

Recommendations:

BUY 0.7815 SL 0.776 TP1 0.7955 TP2 0.8055

SELL 0.775 SL 0.7805 TP 0.7615

On the daily chart, the inability of bears to pull the prices below 0?7727 pointed at their weakness. Bulls counterattacked and count on the inverted “Shark” pattern. To begin with, they need to hold above 0.7872.

1508143220-1db64c049cc9775b27418fd0e6b08

On H1, AUD/USD formed a “widening wedge”. Pullbacks towards 23.6%, 38.2% and 50% of the wave 4-5 are usually used for buying. A decline below support levels at 78.6% and 88.6% may represent good selling opportunities.

1508143254-ef00342837a633bda01cab6a3fe3e

More:
https://fbs.com/analytics/articles/aud-usd-bulls-counterattacked-4408

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EUR/USD: BULLISH "HAMMER"
14:08 16.10.2017

1508162826-d75037310e801ff342755a78df682

The price reached the nearest support, so we could have a reversal bullish pattern soon. If so, the price is likely going to test the closes resistance level, which could be a departure point for another decline.

1508162827-e95d4040711e3663fa83b062fa572

We've got a bullish "Harami" at the local low. Considering confirmation of this pattern, the market is likely going to test the next resistance level during the day. If any bearish pattern arrives little later on, we'll likely have just another decline.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-hammer-4421

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USD/JPY: BULLISH "HAMMER"
15:33 16.10.2017

1508162827-ecba764ae555bda4cd4831d1a95a5

The 89 Moving Average is acting as support, so we've got a bullish "Hammer" on this line. Therefore, the pair is likely going to test the 34 MA, which could act as resistance.

1508162827-0745a9342df788e05d8395a757e46

There's a bullish "Hammer", so the market is likely going to test the Moving Averages in the coming hours. If a pullback from these lines happens, there'll be an opportunity to have a new local low.

More:
https://fbs.com/analytics/articles/usd-jpy-bullish-hammer-4422

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