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GBP/USD: POUND CAN’T BREAKING SSB’S RESISTANCE
07:41 16.11.2017
Technical levels: support – 1.3110; resistance – 1.3180.

Trade recommendations:

Sell — 1.3100; SL — 1.3120; TP1 — 1.3050; TP2 — 1.3010.
Buy — 1.3150; SL — 1.3130; TP1 — 1.3260; TP2 — 1.3300.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are inside of a Cloud and under pressure of SSB’s resistance.

1510817991-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-can%E2%80%99t-breaking-ssb%E2%80%99s-resistance-5117

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EUR/USD Daily Analytics
07:55 16.11.2017

1510818849-6feb5bcf5c9747e5b73aeafff63fd

The price faced with resistance at 1.1857, so there's a "V-Top" pattern, which pushed the pair to the nearest support at 1.1767 - 1.1743. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement towards another resistance at 1.1836 - 1.1857.

1510818849-8ebda1479694508c80350c2fc0809

There's a "Double Top" pattern, but the market faced with support at 1.1767, so the price is consolidating. In this case, we could have an upward price movement in the direction of another resistance at 1.1804 - 1.1820. However, if a pullback from these levels happens afterwards, there'll be time for a decline towards the closest support at 1.1767 - 1.1742.

More:
https://fbs.com/analytics/articles/eur-usd-double-top-pattern-5120

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GBP/USD Daily Analytics
07:58 16.11.2017

1510818849-11d3b592c6a3a9ecd1f0918106619

There's a "Thorn" pattern, so the price is consolidating. The main intraday target is the nearest support at 1.3150 - 1.3109. If a pullback from this area happens little later on, bulls are likely going to reach the next resistance at 1.3182 - 1.3238.

1510818849-3e098385663b390504832838a7943

The price is consolidating under the Moving Averages. Also, there's a "Thorn" pattern, which has been confirmed. Therefore, the pair is likely going to reach the nearest support at 1.3150 - 1.3153. This area could be a departure point for another upward price movement.

More:
https://fbs.com/analytics/articles/gbp-usd-thorn-pattern-5121

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USD/JPY Daily Analytics
07:59 16.11.2017
Recommendation:

BUY 113.25

SL 112.7

TP1 114.25 TP2 114.8

On the daily chart, USD/JPY broke the lower border of a rising triangle and then retested it. This was a sign that bears attacked. Sellers tested support at 113 and are trying to fix below it. If they succeed, risks of reaching 88.6% target of a “Shark” pattern will increase.

1510819021-3297c54597baddc0779dab87f7356

On H1, USD/JPY is forming “Wolfe waves” pattern. To trigger it the pair needs a convincing test of resistance at 113.25. The inverted “Crab” pattern with a target at 161.8% will be also triggered.

1510819037-1f50b4d918123f905c31c70a9dfda

More:
https://fbs.com/analytics/articles/usd-jpy-bulls-are-catching-wave-5122

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EUR/USD Daily Analytics
09:56 16.11.2017

1510826079-ac6721bfa70cf881616dd479e616a

There's a developing bullish impulse in wave . Previously, we had a zigzag in wave 4, which means we could have another upward rally. If a pullback from 7/8 MM Level happens little later on, there'll be time for a bearish correction.

1510826079-1464f4ffea5b1270663fb2ce9af9d

6/8 MM Level acted as resistance, so wave (iii) has been ended. Currently, the price is declining in wave (iv). If a pullback from the 34 Moving Average happens during the day, bulls are likely going to deliver another upward impulse in wave (v) of .

More:
https://fbs.com/analytics/articles/eur-usd-6-8-mm-level-acted-as-resistance-5127

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USD/JPY Daily Analytics
12:45 16.11.2017

1510836190-8751f539e2b20dee63b4e080f1fe9

There's a "Hammer", which has stopped the last bearish rally. Considering yesterday's "Engulfing" pattern, the market is likely going to continue moving up towards the Moving Averages in the short term

1510836190-0836cd8e71cd9b2d5547c751e186b

The price has reached the 34 Moving Average, but there isn't any reversal pattern for now. So, bulls are likely going to test the upper "Window", which could be a departure point for a short-term decline.

More:
https://fbs.com/analytics/articles/usd-jpy-hammer-stopped-bearish-rally-5129

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EUR/USD Daily Analytics
12:48 16.11.2017

1510836190-76c4453b3de7aa8c382cd303460db

There're bearish patterns such an "Evening Star" and a "High Wave". So, the price is likely going to test the nearest support. If a pullback from this level happens little later on, we could have another upward price movement.

1510836190-3992765d8b38f0f5984eca7f3c811

The last "High Wave" pattern led to the current decline, but there isn't any bullish pattern so far. In this case, the 55 Moving Average is likely going to act as support soon. If a pullback from this line happens, there'll be an opportunity to have a bullish price movement.

More:
https://fbs.com/analytics/articles/eur-usd-high-wave-pattern-5130

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AUD/USD Daily Analytics
07:34 17.11.2017
Technical levels: support – 0.7480; resistance – 0.7580

Trade recommendations:

Sell — 0.7560; SL — 0.7580; TP1 — 0.7480; TP2 — 0.7440.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are made a new lows and downtrend will continue.

1510904067-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-going-to-new-lows-5141

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USD/JPY Daily Analytics
07:35 17.11.2017
Technical levels: support – 112.50; resistance – 112.80.

Trade recommendations:

Sell — 112.70; SL — 112.90; TP1 — 112.20; TP2 — 112.00.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are fixed under the Cloud.

1510904067-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-in-negative-mood-5142

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EUR/USD Daily Analytics
07:41 17.11.2017
Recommendation:

BUY 1.1860

SL 1.1805 TP1 1.1960

TP2 1.2050

On the daily chart, bulls managed to lead the pair outside of the descending trend. If they manage to continue the attack and redraw November high, risks of 88.6% target of an inverted “Shark” pattern will significantly increase. It’s located near 1.2050.

1510904337-8afba167b3e7c15d0d5d28d0f3c7b

On H1, EUR/USD keeps forming a “Widening wedge”. Pullback towards 23.6% of the wave 4-5 allowed to form longs. A break of resistance at 1.1860 will provide an opportunity to add to bullish positions.

More:
https://fbs.com/analytics/articles/eur-usd-euro-is-returning-to-the-game-5143

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EUR/GBP Daily Analytics
08:07 17.11.2017
Recommendation:

BUY 0.8875

SL 0.882

TP1 0.8975 TP2 91

On the daily chart, pin bar stopped the bulls’ attack for some time. Never the less, as long as the quotes are above the upper border of the uptrend, chances for the formation of a “Dragon” pattern are still high. To begin with, buyers should renew high at 0.9020.

1510905955-bc1ce4ebdd72b71af2881b8edc2b5

On H1, EUR/GBP keeps forming a “Crab”. Pullbacks to 50% of the last bullish wave with the following rebound of the uptrend channel’s lower border will be a signal for opening long positions.

1510905975-311438cdc50bb0f634d8ee27e47a0

More:
https://fbs.com/analytics/articles/eur-gbp-bulls-prepare-a-counterattack-5144

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EUR/USD Daily Analytics
09:25 17.11.2017

1510910618-68b27dbec5dad18759faca723fa85

Bears faced with support at 1.1767, so there's a bullish "V-Bottom" pattern, which pushed the price to the nearest resistance at 1.1836. The main intraday target is the next resistance at 1.1857, which could be a departure point for a bearish correction.

1510910618-8fbac18a55b5e4be68b1a886a19c8

The 89 Moving Average has acted as support, so there's a "Triple Bottom" pattern, which led to the current consolidation. In this case, the pair is likely going to reach the closest resistance at 1.1836 - 1.1859 in the short term. If a pullback from this area happens a little later on, we could have a decline towards the nearest support at 1.1787 - 1.1767.

More:
https://fbs.com/analytics/articles/eur-usd-triple-bottom-pattern-5146

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GBP/USDDaily Analytics
09:28 17.11.2017

1510910618-f52495cc1e082536841aeba60c2a4

There's a bullish "Thorn", which led to forming a new local high. The main intraday target is the next resistance at 1.3278 - 1.3298. Meanwhile, if a pullback from these levels arrives afterwards, bears will probably try to reach another support at 1.3238 - 1.3213.

1510910618-2ef482238653d77f99d7c103cee22

Bulls have broken the local downtrend line, so the price is rising. It's likely that the pair is going to achieve the next resistance at 1.3278 - 1.3298 during the day. This area could be a departure point for a bearish correction in the direction of the closest support at 1.3238 - 1.3213.

More:
https://fbs.com/analytics/articles/gbp-usd-bullish-thorn-5147

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EUR/USD Daily Analytics
11:07 17.11.2017

1510916634-b26b08ffd96c36d7255be457f268c

There's a bullish "Doji", which has been confirmed, so the price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline towards the 89 Moving Average.

1510916633-286d3780d277cf770db5b13580c53

The upper "Window" has acted as resistance, so we've got a local decline. At the same time, there's a bullish "Doji", which means, the "Window" is likely going to be tested once again during the day.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-doji-5150

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USD/JPY Daily Analytics
11:10 17.11.2017

1510916634-69a8ce5fcf59145ebb250bd8ada0a

There's a bullish "Hammer", which has been formed at the last local low. The Moving Averages are acting as resistance. So, we could have just bullish correction and the following decline afterwards.

1510916634-3d75fc904add325153f593fb30d28

We've got an "Inverted Hammer", but confirmation of this pattern is a quite weak. Therefore, the market is likely going to test the upper "Window" in the short term. If a pullback from this level happens, there'll be an opportunity to have just another decline.

More:
https://fbs.com/analytics/articles/usd-jpy-inverted-hammer-5151

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EUR/USD Daily Analytics
11:18 17.11.2017

1510917430-80971c87cbd47ed92d76cbb51c2e7

There's a developing bullish impulse, which could be wave . Also, we've got a pullback from 5/8 MM Level, so there's an opportunity to have wave (v) of . The main intraday target is 7/8 MM Level, which could be a departure point for wave [ii].

1510917430-0a8508b0ce9b94dd91b68095ca07d

The 34 Moving Average has acted as support once again, so wave (iv) might have been formed. In this case, bulls are likely going to deliver wave (v) of in the coming hours. In this case, the high of wave (iii) will be broken pretty soon.

More:
https://fbs.com/analytics/articles/eur-usd-developing-bullish-impulse-5153

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EUR/USD Daily Analytics
05:26 20.11.2017

1511155503-febc6acf7a838f325fd06b76d25b1

There's a pullback from 6/8 MM Level, so wave might have been formed. In this case, we could have wave [ii] soon. If a pullback from 4/8 MM Level happens little later on, there'll be a green light for wave [iii].

1511155503-6fc9aef8a972244f8d049b07fc47c

Wave [ii] is likely going to take the form of a zigzag. If the market fixates above 4/8 MM Level during the day, bulls are likely going to deliver wave (i) of [iii].

More:
https://fbs.com/analytics/articles/eur-usd-pullback-from-6-8-mm-level-5180

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NZD/USD Daily Analytics
07:46 20.11.2017
Recommendation:

SELL 0.6870

SL 0.6925

TP1 0.677 TP2 0.6625

On the daily chart, the inability of bulls to settle above 0.6907 and 0.6823 points at their weakness. The downtrend towards targets at 127.2% and 161.8% of the “Crab” pattern continues. A condition necessary for its break is the pair’s return to resistance at 0.6980.

1511163873-fb9be1d9d65d6402746f6573306cf

On H1, NZD/USD triggering of the “Bat” pattern with the following test of resistance at 0.6825 will increase the risks of a move to 88.6%. At that level, it will be sensible to sell the pound.

1511163893-3696dc2326705fd45dfa7b732beb8

More:
https://fbs.com/analytics/articles/nzd-usd-kiwi-is-falling-in-the-abyss-5183

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AUD/USD Daily Analytics
08:13 20.11.2017
Recommendation:

BUY 0.7495

SL 0.7440

TP1 0.7606 TP2 0.765

On the daily chart, AUD/USD after reaching 88.6% target of the “Shark” and a pullback to 23.6% of the wave CD, there was a resumption of a downtrend. The Australian dollar is heading to convergence area at $0.7495-0.7500 (113target of the “Shark” + 78.6% correction level), at which there are odds of a rebound.  

1511165544-1db64c049cc9775b27418fd0e6b08

On H1, an advance to 224% target of AB=CD creates an opportunity for aggressive longs. Conservative entry requires confirmation.

1511165556-ef00342837a633bda01cab6a3fe3e

More:
https://fbs.com/analytics/articles/aud-usd-is-catching-falling-knives-5184

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EUR/USD Daily Analytics
04:40 21.11.2017

1511238853-077c3b63ff6bb5a63120ec6a80df3

There's a pullback from 6/8 MM Level, so wave might have been formed. Therefore, the price is declining in wave [ii]. The main intraday target is 3/8 MM Level, which could be a departure point for wave [iii].

1511238853-a5c8a6d84ffc80ebd7e2e05bf4e66

As we can see on the one-hour chart, wave [ii] is taking the form of a zigzag, so wave (c) is likely going to move on towards 3/8 MM Level. In this case, we could have a new local low during the day.

More:
https://fbs.com/analytics/articles/eur-usd-wave-ii-taking-form-of-zigzag-5209

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