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GBP/USD Daily Analytics 
10:00 13.12.2017

1513158749-756dcbb41788724697e87580fe79c

The 89 Moving Average has acted as support, so the price is consolidating. Considering that there are a "Double Top" and a "V-Top" patterns, the pair is likely going to achieve the closest support at 1.3278 - 1.3259 in the coming hours.

1513158750-4463fe286e26dc572a69af6871fff

There's a "Flag" pattern, so bears are likely going to reach the nearest support area at 1.3278 - 1.3259. Meanwhile, if a pullback from these level arrives afterwards, we could have an upward price movement in the direction of another resistance at 1.3336 - 1.3357.

More:
https://fbs.com/analytics/articles/gbp-usd-flag-pattern-5678

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EUR/USD Daily Analytics
10:54 13.12.2017

1513162371-2aa152c86de0783a929e974f2d8a5

There are bullish patterns such a "Piercing Line" and a "Harami", which both have been confirmed. Therefore, the market is likely going to test the 34 & 55 Moving Averages. If a pullback from these lines happens little later on, there'll be an opportunity to have another decline.

1513162371-b7b57f555c4d5ef4a2c6847ae776e

We've got a confirmed "Hammer", which has been formed at the last local low. Meanwhile, we could have a local bearish correction during the day, but bulls are likely going to reach the 144 Moving Average afterwards.

More:
https://fbs.com/analytics/articles/eur-usd-confirmed-hammer-5679

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USD/JPY Daily Analytics
10:57 13.12.2017

1513162372-329a4b41ef9f21eabbc173ff0b154

The upper "Window" has acted as resistance, so there's a confirmed bearish "Harami". The main intraday target is the 34 Moving Average. If a pullback from this line happens, we could have a local upward correction towards the "Window".

1513162371-d4065112eb3298ec2aea28862e7e9

The price has been consolidating between the Moving Averages. Also, there's a bearish "Three Methods" pattern, so the market is likely going to test the nearest support area in the short term.

More:
https://fbs.com/analytics/articles/usd-jpy-main-intraday-is-34-ma-5680

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EUR/USD Daily Analytics
06:50 14.12.2017

Technical levels: support – 1.1800; resistance – 1.1840.

Trade recommendations:

Buy — 1.1800; SL — 1.1780; TP1 — 1.1870; TP2 – 1.1900
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices are returned to the positive area and may go higher.

1513234190-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-returned-to-positive-area-5700

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USD/JPY Daily Analytics
06:51 14.12.2017
Technical levels: support – 112.40; resistance – 113.00.

Trade recommendations:

Buy — 112.50/60; SL — 112.30; TP1 — 113.00; TP2 — 113.50.
Reason: narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud, but supported by Senkou Span B.

1513234190-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-dollar-testing-cloud%E2%80%99s-support-5701

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EUR/JPY Daily Analytics
07:59 14.12.2017
Recommendation: BUY 134 SL 133.45 TP1 135 TP2 136 TP3 138

On the daily chart, EUR/JPY keeps consolidating in the 131.50-133.95 within the “Spike and ledge”. Another test of resistance at 133.95 in case of success will increase the odds of an advance to 200% target of AB=CD.

1513237960-151f939c6df1fdb4a28b3d5785d89

On H1, a “Widening wedge” pattern is still actual. Bulls and bears didn’t choose a winner, but a successful test of resistance at 134 will mean the victory of the euro against the Japanese yen. 

1513237984-b35d7fb0c22de42ad09055593ba2f

More:
https://fbs.com/analytics/articles/eur-jpy-no-one-wants-to-yield-5702

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USD/JPY Daily Analytics
09:02 14.12.2017
Recommendation:

SELL 112

SL 112.55

TP 111

On the daily chart, the fact that USD/JPY left the short-term uptrend channel points at the seriousness of bears. If they manage to hold the USD below 113.00, the odds of a 5-0 pattern will increase.

1513241992-3297c54597baddc0779dab87f7356

On H1, the senior “Shark” pattern is transforming into 5-0. Bears managed to return the pair below important levels of 113.25 and 112.80. They want to trigger the junior pattern with a target of 88.6%.

1513242018-1f50b4d918123f905c31c70a9dfda

More:
https://fbs.com/analytics/articles/usd-jpy-bears-make-decisive-steps-5703

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EUR/USD Daily ANalytics
11:31 14.12.2017

1513250978-164fe5444ab041b1ebc5783194081

There's a "Triple Bottom", which has been confirmed, so all the Moving Averages have been broken. The main intraday target is the next support at 1.1814, which could be a departure point for an upward price movement towards the nearest resistance at 1.1884 - 1.1919.

1513250978-be25caf0aecc2cac61887a5947aa5


Bulls faced with resistance at 1.1847, so the price is consolidating. In this case, bears are likely going to reach the closest support at 1.1814 in the short term. If a pullback from this level happens little later on, we should keep an eye on another resistance at 1.1871 - 1.1890 as the next bullish target.

More:
https://fbs.com/analytics/articles/eur-usd-triple-bottom-pattern-5707

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GBP/USD DAily Analytics
11:36 14.12.2017

1513250978-c3a7d471f15cb8bf43e597fa851f7

We've got a confirmed "Triple Bottom", so the price has broken all the Moving Averages. The main intraday target is the next support at 1.3408 - 1.3386. Meanwhile, if a pullback from this area happens, bulls will probably try to reach the nearest resistance at 1.3479 - 1.3519.

1513250978-f36eca9fb9a8f075d2969ad9f5c9e

The pair faced resistance at 1.3454, so the price is consolidating. It's likely that the market is going to reach the closest support at 1.3408 - 1.3398. This area could be a departure point for an upward price movement in the direction of the next resistance at 1.3478.

More:
https://fbs.com/analytics/articles/gbp-usd-price-broken-all-moving-averages-5708

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EUR/USD Daily Analytics
11:41 14.12.2017

1513251516-450bc335a993060aa05a798cf7c01

There's a "Harami", which has been formed at the last local high. So, the market is likely going to test the nearest Moving Averages. If a pullback from these lines happens little later on, we should keep an eye on the upper "Window" as the next bullish target.

1513251516-dc63f87bc82b9d41533f03943f92e

We've got a "Belt Hold", so the price is likely going to test the 89 Moving Average. This line could be a departure point for an upward price movement towards the nearest "Window".

More:
https://fbs.com/analytics/articles/eur-usd-belt-hold-pattern-5709

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USD/JPY Daily Analytics
11:46 14.12.2017

1513251516-5a6b2af3d98ff5da5f93c412b204b

There's an "Inverted Hammer", but confirmation of this pattern is a quite weak. So, we could have just a local upward correction in the short term. Nevertheless, bears are likely going to test the lower "Window" afterwards.

1513251516-937a21bde8b58dedbe3031e236a7d

The last "High Wave" pattern is still unconfirmed. Therefore, the market is likely going to decline during the day. Anyway, bulls will probably try to test the Moving Averages little later on.

More:
https://fbs.com/analytics/articles/usd-jpy-high-wave-pattern-5710

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EUR/USD Daily Analytics
06:15 15.12.2017

Recommendation:

SELL 1.1750

SL 1.1805

TP1 1.1640 TP2 1.1600 TP3 1.1550

On the daily chart, the inability of bulls to push the pair above resistance at 1.1821 points at their weakness. To continue decline towards 127.2% and 161.8% targets of a “Crab” bears need to lead the pair outside of the uptrend channel and conquer support at 1.1750.

1513318493-8afba167b3e7c15d0d5d28d0f3c7b

On H1, a break of support at 1.1730-1.1750 will make EUR/USD go to 161.8% and 88.6% targets of the “Shark” and AB=CD.

1513318509-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-usd-euro-is-after-a-crab-5733

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EUR/GBP Daily Analytics
06:32 15.12.2017
Recommendation:

BUY 0.8850

SL 0.8795

TP1 0.8975 TP2 0.9015 TP3 0.9075

On the daily chart, EUR/GBP keeps consolidating between 0.8740 and 0.9015. A condition needed for the uptrend’s resumption is for the pair to return inside an uptrend channel. On the other hand, if the pair renews December low, the odds of it going to 200% target of AB=CD will increase.

1513319438-bc1ce4ebdd72b71af2881b8edc2b5

On H1, there are conditions for the formation of the “Head and shoulders”. Successful of resistance close to the neckline at 0.8840-0.8850 will open the way to the upside to bulls.

1513319455-311438cdc50bb0f634d8ee27e47a0

More:
https://fbs.com/analytics/articles/eur-gbp-bulls-don%E2%80%99t-lose-hope-5734

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GBP/USD Daily Analytics
06:33 15.12.2017
Technical levels: support – 1.3420; resistance – 1.3470.

Trade recommendations:

Buy — 1.3420/30; SL — 1.3400; TP1 — 1.3470; TP2 — 1.3510.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen; the prices are above the Cloud and on the support of Senkou Span A.

1513319584-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-fixed-above-cloud-5735

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AUD/USD Daily analytics
06:35 15.12.2017
Technical levels: support – 0.7630; resistance – 0.7680

Trade recommendations:

Sell — 0.7680; SL — 0.7700; TP1 — 0.7630; TP2 — 0.7590.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of 0.7680.

1513319584-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-reached-main-resistance-5736

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EUR/USD Daily Analytics
12:45 15.12.2017

1513341819-93dc141ef30277b450763453f0303

Bulls faced with resistance at 1.1859, so there's a "Thorn" pattern. The main intraday target is the nearest support at 1.1728 - 1.1712. If a pullback from this area happens, we could have another upward price movement towards the next resistance at 1.1792 - 1.1814.

1513341819-abbc04eafee887a1a55ede5f3b0a8

All the Moving Averages have been broken, so there's a "V-Bottom" pattern. It's likely that the market is going to reach the closest resistance at 1.1814 in the coming hours. Meanwhile, if we have a pullback from this level, bears will probably try to reach another support at 1.1756 - 1.1728.

More:
https://fbs.com/analytics/articles/eur-usd-all-moving-averages-broken-5740

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GBP/USD Daily Analytics
12:48 15.12.2017

1513341819-38590b79e9ee5b7ccfb65a8e550fe

The 89 Moving Average has acted as support, so the price is rising. However, there's a "V-Top" pattern, so the market is likely going to decline towards the nearest support at 1.3386 - 1.3369. This area could be a departure point for another bullish price movement in the direction of the next resistance at 1.3454 - 1.3479.

1513341819-f82f1680d3913189eaa602c046a02

The price is consolidating above the Moving Averages. The main intraday target is the closest resistance at 1.3479. If a pullback from this level happens, there'll be an opportunity to have a decline towards the nearest support at 1.3408 - 1.3398.

More:
https://fbs.com/analytics/articles/gbp-usd-v-top-pattern-5741

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EUR/USD Daily Analytics
12:50 15.12.2017

1513341786-7d054e74e5b30eb2d3c368a968572

We've got a bearish "Harami", which has been confirmed enough. However, there's an opportunity to have a local bullish correction in the short term. Nevertheless, bears are likely going to reach the next support afterwards.

1513341786-210c1298b7d70e4583f4aee186be6

There's a bullish "Harami", which has been formed at the local low. So, the pair is likely going to test the upper "Window" during the day. If a pullback from this level happens, we could have another decline.

More:
https://fbs.com/analytics/articles/eur-usd-bullish-harami-5743

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USD/JPY Daily Analytics
12:52 15.12.2017

1513341786-8db495415288dea32e2a945001c04

There's a bearish "Three Methods" pattern, which has been confirmed. Also, we don't have any reversal pattern so far. In this case, the price is likely going to continue declining towards the next support area.

1513341786-06da3bc45578e743f8638b19f6f08

The lower "Window" is acting as support. Moreover, there's a bullish "Hammer", which hasn't been confirmed yet. So, the pair is likely going to test the nearest Moving Average, which could be a departure point for another bearish price movement.

More:
https://fbs.com/analytics/articles/usd-jpy-lower-window-acting-as-support-5744

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BITCOIN (BTC/USD)
21:56 17.12.2017

The Bitcoin continues to be the protagonist of the main headlines of the media that cover the movements of cryptocurrency, since during the weekend reached the important psychological level of 19,000, also renewing its highest level of all time. The yields of the BTC, according to the latest data, already exceed 80%.

However, due to the growth that cryptocurrency has had in a meteoric manner, concerns that this is the indicator that there is a bubble on the verge of bursting to continue to keep investors wary of maintaining long-term positions. According to the latest reports, it is speculated that the price of Bitcoin has been inflated in an artificial way for the benefit of speculators.

On the other hand, Bitcoin futures, listed as XBT, show a consolidation above the level of 18,000. According to the technical outlook, there is still a follow-up of a bullish trend line projected from the lows of December 10th, providing dynamic support to cryptocurrency in the short term.

What do we expect?

According to our projections in the H1 chart, the Parabolic SAR is supporting the idea that Bitcoin is entering a slight corrective phase, which will allow consolidating some of the gains recorded over the weekend. The price has already reached the Fibonacci target of -23.6% at 19,114 and this is the indicator that take profit's orders are being activated, before reaching the key psychological level of 20,000.

1513547775-4d569cef72bb7acd467357c14ba15

More:
https://fbs.com/analytics/articles/bitcoin-btc-usd-on-its-way-to-reach-the-20k-milestone-5760

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