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NZD/USD Daily Analytics
08:26 04.12.2017

Recommendation:

SELL 0.6815 SL 0.6870 TP1 0.6715 TP2 0.6625

BUY 0.6935 SL 0.6880 TP1 0.7035 TP2 0.7170

On the daily chart, NZD/USD is consolidating in the 0.6820-0.6980 range. A break of its lower border will increase the risks of kiwi going to 127.2% and 161.8% targets of a “Crab”. On the other hand, successful test of resistance at 0.6980 creates grounds for the pair going to 88.6% target of the “Shark” pattern.

1512375451-fb9be1d9d65d6402746f6573306cf

On H1, a successful test of the neckline of the “Head and Shoulders” will allow the pair to continue its fall. On the other hand, going above 0.6930 will increase the odds of the rally’s continuation.

1512375567-3696dc2326705fd45dfa7b732beb8

More:
https://fbs.com/analytics/articles/nzd-usd-kiwi-is-waiting-for-a-signal-5472

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AUD/USD Daily Analytics
11:39 04.12.2017
Recommendation:

BUY 0.7640

SL 0.7585

TP1 0.7750 TP2 0.7895

On the daily chart, AUD/USD keeps fighting for the lower border of a long-term uptrend channel. If bulls fail to hold it, the risks of realization of 88.6% target of the senior “Shark” pattern will increase. On the other hand, a break of resistance at 0.7637-0.7640 will trigger the junior “Shark”.

1512387489-1db64c049cc9775b27418fd0e6b08

On H1, AUD/USD after reaching 78.6% target of a “Shark” pulled back to 88.6%. The second attack of resistance at 0.7635 in case of success will allow bulls to count on the continuation of the rally.

1512387506-ef00342837a633bda01cab6a3fe3e

More:
https://fbs.com/analytics/articles/aud-usd-bulls-clutch-at-a-straw-5477

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EUR/USD Daily Analytics
13:50 04.12.2017

1512395316-1eca2633866aff308ac1bbc22b5a8

Bulls faced with resistance at 1.1934 - 1.1938, so there's a "Triple Top" pattern, which has been confirmed. Therefore, the market is likely going to decline towards the nearest support at 1.1808 - 1.1792 in the short term. If a pullback from this area happens little later on, we could have another upward price movement in the direction of the next resistance at 1.1909.

1512395316-0069f716ba8251ca229926d50aee7

There's a "Triple Top" pattern, which has been confirmed by the last "Breakaway Gap", so the price has broken all the Moving Averages. However, bears faced with support at 1.1836. In this case, the pair is likely going to reach the closest resistance at 1.1897 - 1.1909 in the coming hours.

More:
https://fbs.com/analytics/articles/eur-usd-breakaway-gap-5480

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GBP/USD Daily Analytics
13:52 04.12.2017

1512395316-62791b559440548024df65cf06613

There's a "Double Top" pattern, which has been confirmed. So, the price is likely going to reach the nearest support at 1.3386 - 1.3363 in the coming hours. If a pullback from this area happens afterwards, there'll be an opportunity to have an upward price movement towards another resistance at 1.3480 - 1.3513.

1512395315-86e5015fa7253642273a9bed14565

The 55 Moving Average has acted as support, so bulls are likely going to test the 34 MA shortly. If a pullback from this line happens afterwards, bears will probably try to reach the nearest support between the levels 1.3386 - 1.3363.

More:
https://fbs.com/analytics/articles/gbp-usd-double-top-pattern-5481

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EUR/USD Daily Analytics
13:56 04.12.2017

1512395704-a9ac5baf76d2d1a174b777927c872

The upper "Window" has acted as resistance once again. Also, there's new "Window". Therefore, the market is likely going to test the 89 Moving Average in the short term.

1512395704-ac01f1ef0a8d7b3c06615693502c3

The 144 Moving Average is acting as support. Also, there's a bullish "Engulfing", but this pattern hasn't been confirmed yet. So, the pair is likely going to test the lower "Window" in the coming hours.

More:
https://fbs.com/analytics/articles/eur-usd-144-ma-acting-as-support-5482

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USD/JPY Daily Analytics
13:58 04.12.2017

1512395704-1371f05370987f4d270e9d5c49e96

The price has been fixed above the "Window". Also, there isn't any reversal pattern so far. In this case, the price is likely going to continue moving up towards the next "Window".

1512395704-d36185502233ff52b35d15c1520df

There's a bearish "Engulfing", but this pattern hasn't been confirmed yet. So, we could have just a local correction and the following upward price movement afterwards.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-engulfing-5483

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XAU/USD Daily Analytics
07:01 05.12.2017

Recommendation:

SELL $1266

SL $1281

TP1 $1237 TP2 $1212

On the daily chart, inability of bulls to conquer resistance at $1299-1302 an ounce with the following return of the price inside the $1266-1288 consolidation range points at buyers’ weakness. As a result, risks of the price reaching 78.6% and 200% targets of “Gartley” and AB=CD increased.

1512457206-20c6ebb86722ac92f8a505b7903a9

On H1, gold’s going outside of the short-term uptrend channel with the following retest of diagonal resistance confirms that bears are serious.

1512457224-e12a637cc937326a9c7981d6dfc46

More:
https://fbs.com/analytics/articles/xau-usd-gold-chose-direction-5496

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USD/CAD Daily Analytics
07:08 05.12.2017
Recommendation:

SELL 1.2655

SL 1.271

TP1 1.2555 TP2 1.2495

On the daily chart, USD/CAD formed a “Shakeout-Fakeout” pattern with a false break of an upper border of a triangle. As a result, the pair went outside of the uptrend channel. Such dynamics increases the risks of it sliding to 88.6% target of the “Bat” pattern.

1512457638-1430b06b52ccdf0a9e951da313446

On H1, USD/CAD is finishing a “Widening wedge” pattern. A pullback to 23.6% with the following return to point 5 means that bears are serious.

1512457652-5c726ce87bf89e31cdcfbd4c37b26

More:
https://fbs.com/analytics/articles/usd-cad-bulls-got-into-a-trap-5497

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EUR/USD Daily Analytics
08:02 05.12.2017
Technical levels: support – 1.1830; resistance – 1.1880, 1.1960.

Trade recommendations:

Buy — 1.1890; SL — 1.1870; TP1 — 1.1960; TP2 – 1.2000.
Sell — 1.1850; SL — 1.1870; TP1 — 1.1760.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are under strong resistance of Kijun-sen and Senkou Span A.

1512460949-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-in-negative-mood-5502

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USD/JPY Daily Analytics
08:03 05.12.2017
Technical levels: support – 112.25; resistance – 113.00.

Trade recommendations:

Buy — 112.25; SL — 112.00; TP1 — 113.00; TP2 — 113.50.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with rising Kijun-sen; the market is in consolidation inside a Cloud and may supported by Tenkan and Kijun.

1512460949-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-returned-into-cloud-5503

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EUR/USD Daily Analytics
12:16 05.12.2017

1512476094-ad222290767e279ac08a7efa1b234

Bears faced with support at 1.1826, so the price is consolidating. However, the market is likely going to continue declining towards the next support at 1.1808 - 1.1792. If a pullback from this area happens, we could have an upward correction in the direction of the nearest resistance at 1.1859 - 1.1909.

1512476094-56ff9f91ed6805882c03b34cf9d39

There's a "Double Bottom", so the price is consolidating. The main intraday target is the nearest support at 1.1808 - 1.1792. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement towards the closest resistance at 1.1871 - 1.1890.

More:
https://fbs.com/analytics/articles/eur-usd-double-bottom-5507

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GBP/USD Daily Analytics
12:19 05.12.2017

1512476094-00974885ea2fb002742c6354b73fe

We've got a confirmed "Double Top", so the market is likely going to test the nearest support at 1.3363 - 1.3336. Meanwhile, if a pullback from this area happens, we could have another upward price movement towards the next resistance at 1.3454 - 1.3480.

1512476093-55925323c1da08ce4441e647f10f2

There's a developing downward correction. The main intraday target is the closest support at 1.3336 - 1.3309. If a pullback from this area happens, bulls will probably try to test another resistance between the levels 1.3408 - 1.3430.

More:
https://fbs.com/analytics/articles/gbp-usd-developing-downward-correction-5508

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USD/JPY Daily Analytics
12:31 05.12.2017

1512476447-12a633cb579d74df43bf267d9ebdf

There's a bearish "Tweezers" pattern, which has been confirmed. So, the price is likely going to test the nearest Moving Averages. If a pullback from these lines happens little later on, there'll be an opportunity to have a local bullish price movement.

1512476447-655fdff55226f62f0a7856f460f76

We've got a bullish "Engulfing", which has been formed on the 34 Moving Average. However, the market is likely going to test the 55 MA, which could be a departure point for an upward price movement.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-tweezers-pattern-5510

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EUR/USD Daily Analytics
12:28 05.12.2017

1512476447-6aea475d53399d6dba58b3ad33311

There's a possible "High Wave" pattern, which has been formed at the last local low. However, the nearest "Window" is acting as resistance, so the 89 Moving Average is likely going to act as support. If so, there'll be an opportunity to have another bullish price movement.

1512476447-e4264b76204e176f971724d7e9444

The price is consolidating between the Moving Averages, so the market is likely going to test the upper "Window". If a pullback from this level happens, we could have another decline towards the lower "Window".

More:
https://fbs.com/analytics/articles/eur-usd-high-wave-pattern-5509

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USD/CHF Daily Analytics
07:03 06.12.2017

Recommendation:

BUY 0.9850

SL 0.9795

TP1 0.993 TP2 0.9975

On the daily chart, USD/CHF bulls managed to keep the pair above important convergence area of 0.9775-0.9800 and counterattacked. A successful test of resistance at 0.9880-0.9890 and 0.9940 will increase the risks of continuation up to 200% target of AB=CD.

1512543753-a5903a7f3cf43bc4f33886526fd84

On H1, USD/CHF reached the targets of “Wolfe waves” pattern. A break of the upper border of the descending trend channel with the following retest create grounds for reaching 88.6% and 113% targets of the “Shark”.

1512543769-351a015a31e5fdb2fee97b43bc66a

More:
https://fbs.com/analytics/articles/usd-chf-wave-saved-franc-from-the-shark-5522

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GBP/USD Daily Analytics
07:14 06.12.2017
Recommendation:

SELL 1.3520

SL 1.3575

TP1 1.342 TP2 1.332

On the daily chart, the inability of bulls to get above resistance at 1.3520 and 1.3585 points at their weakness. As long as GBP/USD is trading below 1.3605, risks of consolidation are rising. If this level is breached, the possibility of the uptrend’s resumption will go up.

1512544414-b6b56ed02b1869ac79ae2067aff9c

On H1, one may use rebound strategies. If the pair reaches 88.6% target of the “Bat” with the following recoil of the descending channel’s upper border, this will trigger “Three Indians” pattern and be a signal for selling.

1512544444-eaec8f61edb51b022cc992c13c279

More:
https://fbs.com/analytics/articles/gbp-usd-bulls-showed-weakness-5524

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EUR/USD Daily Analytics
12:19 06.12.2017

1512562722-7d84b04e93f612d6ba447b8c16a3b

There's a new local low, but the price is consolidating between the Moving Averages. The main intraday target is the nearest support at 1.1792 - 1.1756. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement towards the closest resistance at 1.1879 - 1.1909.

1512562722-289fb237d9fd77d2d9d78dc1642a1

We've got a "V-Top", which has been formed under the Moving Averages. In this case, the market is likely going to decline towards the next support at 1.1792 during the day. Meanwhile, if we see a pullback from this level, bulls will probably try to test the nearest resistance at 1.1836 - 1.1859.

More:
https://fbs.com/analytics/articles/eur-usd-v-top-under-moving-averages-5527

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GBP/USD Daily Analytics
12:21 06.12.2017

1512562722-773f9f59ada411bc6f68655afa92b

Bears faced with support at 1.3363, so the price is consolidating. Also, there's a "Double Top" pattern, so the pair is likely going to decline in the direction of the closest support at 1.3336. If we have a pullback from this level, there'll be a moment to have a bullish price movement towards the nearest resistance between the levels 1.3454 - 1.3480.

1512562722-1a17b8b29fc883f33ccd09d8c3c17

The price is consolidating between the 34 & 89 Moving Averages. The main intraday target is the next support at 1.3336. If a pullback from this level happens little later on, we could have an upward price movement towards another resistance at 1.3430 - 1.3454.

More:
https://fbs.com/analytics/articles/gbp-usd-double-top-pattern-5528

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EUR/USD Daily Analytics
12:24 06.12.2017

1512562971-b334ab863db5a27e605ca4d7a53a0

The 34 Moving Average has acted as resistance, but there's still no any reversal pattern. Therefore, the market is likely going to test the 144 MA, which could be a departure point for a bullish price movement towards the nearest "Window".

1512562971-a40b2517614bba13b6cb45b88b523

There's support by the lower "Window", so we could have a local upward correction in the coming hours. Nevertheless, bears are likely going to deliver a new local low afterwards.

More:
https://fbs.com/analytics/articles/eur-usd-34-ma-acted-as-resistance-5529

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USD/JPY Daily Analytics
12:25 06.12.2017

1512562972-7a3d96932c7ef7b3b2a8f82a6de3b

We've got a "Shooting Star", which has been confirmed. Also, all the Moving Averages have been broken. In this case, the pair is likely going to test the nearest support area in the short term.

1512562972-90bd3ad9a156294b125fb29e8ff76

There are bullish patterns such an "Engulfing" and a "Harami". Therefore, the price is likely going to test the Moving Averages soon. If a pullback from these lines happens, there'll be an opportunity to have another decline.

More:
https://fbs.com/analytics/articles/usd-jpy-confirmed-shooting-star-5530

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