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EUR/USD Daily Analytics
13:13 27.12.2017

1514380277-3b222a496c9d43c738f35cfc581b0

The price is consolidating near the 34 Moving Average. The main intraday target is the next support at 1.1833 - 1.1816. If a pullback from these levels arrives, we could have an upward price movement towards another resistance at 1.1901 - 1.1919.

1514380277-b14adba9a31512c32ad729029486f

There's a consolidation, which is taking place between the levels 1.1871 - 1.1890. It's likely that the pair is going to achieve the next support at 1.1833 - 1.1816. Meanwhile, if a pullback from this area happens, there'll be an opportunity to see a bullish price movement in the direction of the closest resistance at 1.1901 - 1.1941.

More:
https://fbs.com/analytics/articles/eur-usd--pair-going-to-reach-next-support-5952

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GBP/USD Daily Analytics
13:15 27.12.2017

1514380277-92589ea76759f110153f68a4bf652

The price is still consolidating in a range of the triangle. The main intraday target is the next resistance at 1.3419 - 1.3445. This area could be a departure point for a decline towards the closest support at 1.3336 - 1.3319.

1514380277-7730f50e4a3cf3580b60b3fe2bfa2

All the Moving Averages have been broken, so bulls are likely going to test the next resistance at 1.3419 - 1.3430. If we have a pullback from these levels, there'll be a moment to have a decline towards the closest support at 1.3369 - 1.3350.

More:
https://fbs.com/analytics/articles/gbp-usd-all-moving-averages-broken-5953

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USD/JPY Daily Analytics
13:18 27.12.2017

1514380614-085f09a7e3daf62e9ae60ea9d16d3

There's a "Hammer" pattern, which has been formed on the 21 Moving Average. So, the market is likely going to test the upper "Window" in the coming hours.

1514380614-77f78d9292fa2c1bdff978bc87d1a

The 55 Moving Average acted as support, so we've got a "Harami" pattern on this line. Therefore, there's an opportunity to have a new local high in the short term.

More:
https://fbs.com/analytics/articles/usd-jpy-hammer-pattern-5954

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EUR/USD Daily Analytics
13:21 27.12.2017

1514380614-5ac7cafd70eed6efabf336f186921

There's still no any reversal pattern so far, cause all the last candles are bullish. Therefore, the price is likely going to test the next upward "Window".

1514380614-1264a32a028be68420b4f4ff357c8

The 34 Moving Average has acted as support, so we've got an "Engulfing" pattern on this line. In this case, the pair is likely going to continue moving up.

More:
https://fbs.com/analytics/articles/eur-usd-engulfing-pattern-5955

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EUR/USD Daily Analytics
07:29 28.12.2017

Technical levels: support – 1.1900; resistance – 1.1960.

Trade recommendations:

Sell β€” 1.1950; SL β€” 1.1970; TP1 β€” 1.1900
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines, but the market is on the 5W-highs and expected a correction.

1514446163-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-on-november-highs-5968

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GBP/USD Daily Analytics
07:30 28.12.2017
Technical levels: support – 1.3400; resistance – 1.3460, 1.3510.

Trade recommendations:

Sell β€” 1.3450; SL β€” 1.3470; TP1 β€” 1.3400; TP2 β€” 1.3340.
Reason: bearish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with horizontal lines; the prices are under strong resistance of 1.3460.

1514446163-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-reached-3w-maximums-5969

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USD/JPY Daily analytics
07:47 28.12.2017
Recommendation:

BUY 113.65

SL 113.10

TP1 114.65 TP2 115.3 TP3 116.2

On the daily chart, the inability of bulls to hold the pair above important support at 112.95-113 will point at their weakness. On the other hand, successful test of resistance at 113.70 will increase the odds of advance to 113% of the senior β€œShark” pattern.

1514447039-3297c54597baddc0779dab87f7356

On H1, USD/JPY keeps forming a 5-0 pattern. A break of resistance at 113.65 will create grounds for the continuation of the rally. A decline below the diagonal support will increase the risks of triggering β€œHead and Shoulders” pattern.

1514447056-1f50b4d918123f905c31c70a9dfda

More:
https://fbs.com/analytics/articles/usd-jpy-yen-is-making-a-choice-5971

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USD/CHF Daily Analytics
07:54 28.12.2017
Recommendation:

BUY 0.9930

Β SL 0.9875

TP1 1.003 TP2 1.0145

On H1, bears prepare to pull USD/CHF below the diagonal support in the form of the uptrend’s lower border. To break the medium-term bullish trend the pair has to get beyond the triangle and then trigger the β€œBat” pattern. On the other hand, a pullback from support will create grounds for a recovery to 200% target of AB=CD.

1514447559-a5903a7f3cf43bc4f33886526fd84

On H1, USD/CHF is consolidating within β€œSpike and ledge” and 5-0. A break of resistance at 0.9930 will increase the probability of the rally’s continuation.

1514447582-351a015a31e5fdb2fee97b43bc66a

More:
https://fbs.com/analytics/articles/usd-chf-franc-spent-a-lot-of-time-on-the-shelf-5972

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EUR/USD Daily Analytics
11:14 28.12.2017

1514459584-3e94656927d73a6d5b5e2a612cf44

There's a consolidation, which is taking place above the 34 Moving Average. The main intraday target is the next resistance at 1.1975 - 1.2003. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at 1.1919 - 1.1901.

1514459584-9082e4973ec2f228261b6bd3e5700

The price went through the resistance area at 1.1914 - 1.1941. However, it's likely to have a correction towards the nearest support at 1.1914. If a pullback from this level happens, we could have an upward price movement towards another resistance at 1.1975 - 1.2003.

More:
https://fbs.com/analytics/articles/eur-usd-consolidation-above-34-ma-5975

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GBP/USD Daily Analytics
11:17 28.12.2017

1514459584-96d8da081347502f4b299555bd494

The trend is still bullish. The main intraday target is the next resistance at 1.3465 - 1.3519. If a pullback from this level happens, there'll be an opportunity to have a decline in the direction of the closest support at 1.3445 - 1.3419.

1514459584-6353d6f55b96fcc6a95bf2eea9abb

The last "Triangle" has been broken, so the price is rising. At the same time, we could have a bearish correction towards the nearest support area at 1.3430, which could be a departure point for another bullish rally.

More:
https://fbs.com/analytics/articles/gbp-usd-main-trend-still-bullish-5976

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EUR/USD Daily Analytics
11:21 28.12.2017

1514460013-e1c99cdbfc800867648c80f912f44

The upper "Window" is acting as resistance, so there's an opportunity to have a bearish correction towards the last "Three Methods" pattern. If a pullback from this area happens little later on, bulls are likely going to deliver a new local high.

1514460013-663ca5ca27c8b48aa70566835043f

There's a "High Wave" pattern, which is likely going to be confirmed soon. In this case, we could have a downward correction in the coming hours.

More:
https://fbs.com/analytics/articles/eur-usd-high-wave-pattern-5977

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USD/JPY Daily Analytics
11:25 28.12.2017

1514460013-373a759fcd4d1684535cdeb8c9c66

We've got a bearish "Hammer" pattern, which hasn't been confirmed yet. Therefore, we should keep an eye on the 21 Moving Average as the next intraday target.

1514460012-847704aa3524478b22ec339d18ee8

The lower "Window" acted as support, so there's a bullish "Harami" pattern. Under this circumstance, the 55 & 89 are likely going to act as resistance in the short term.

More:
https://fbs.com/analytics/articles/usd-jpy-window-acted-as-support-5978

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EUR/USD Daily Analytics
03:32 29.12.2017

1514518174-2c98eed3c9189e4ed4895d24df561

There's a pullback from the nearest resistance at 1.1960, so the market is likely going to test the closest support at 1.1919 - 1.1901 in the coming hours. If a pullback from this area happens little later on, there'll be an opportunity to have another upward price movement towards the next resistance at 1.1960 - 1.1968.

1514518174-90c49c80cbf9c08c312f9537a7c08

We've got a "V-Top" pattern, so the price is likely going to test the nearest support at 1.1914. Meanwhile, if a pullback from this level forms, we could have a bullish price movement in the direction of the next resistance at 1.1960 - 1.1968.

More:
https://fbs.com/analytics/articles/eur-usd-pullback-from-nearest-resistance-5983

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GBP/USD Daily Analytics
03:38 29.12.2017

1514518174-bb648a9480b965db61323d961b920

The last "Triangle" has been broken, but the price is consolidating. The main intraday target is the 34 Moving Average. If this line acts as support, bulls are likely going to test the closest resistance at 1.3465 - 1.3519.

1514518174-5a2b3cfa1cd0154744cb23d9cb154

The uptrend has acted as resistance, so the price is consolidating. In this case, we're likely going to have a bearish correction in the short term. If a pullback from the closest support happens at 1.3420, we could have just another bullish rally.

More:
https://fbs.com/analytics/articles/gbp-usd-broken-triangle-5985

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EUR/JPY Daily Analytics
07:32 29.12.2017
Recommendation:

BUY 135.00

SL 134.45

TP1 136 TP2 137 TP3 138

On the daily chart, EUR/JPY bulls are trying to continue going up to 200% of AB=CD. Never the less, if bears manage to return the pair inside the previous consolidation range of 131.50-133.95, the risks of a reversal β€œShakeout-Fakeout” pattern will increase.

1514532201-8afba167b3e7c15d0d5d28d0f3c7b

On H1, after reaching the targets of the β€œWidening wedge” and rebound from support at 134, the rally continued. To seal their success, bulls need to renew December high.

1514532217-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-jpy-bulls-are-painting-ab%3dcd-5989

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  • EUR/USD Daily Analytics
    07:40 29.12.2017
    Recommendation:

    SELL 1.1895

    SL 1.1950

    TP1 1.1820 TP2 1.1795 TP3 1.1735

    On the daily chart, if EUR/USD renews November high, the odds of its getting to 161.8% target of AB=CD will increase. Never the less, if bulls fail to settle above resistance at 1.1965-1.1975, there may be a β€œTop/ Bottom 2B” strategy of Victor Sperandeo. Return of the pair to the candle’s low, at which it has a previous high, is a signal for selling.

    1514533145-227f29fb1e5b3d8b0a5eb5ab82e13

    On H1, the inability of bulls to keep pushing up increases the risks of a reversal β€œWidening Wedge” pattern.

    1514533161-7597bffedd4c1339bb2223693d40a

    More:
    https://fbs.com/analytics/articles/eur-usd-bulls-entered-a-dangerous-area-5990

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EUR/USD Daily Analytics
11:18 29.12.2017

1514546205-42143c7ce219040b3ea5e3fc54ad2

There's a possible "Belt Hold" pattern, which has been formed on the lower "Window". Therefore, the market is likely going to continue rising towards the next "Window".

1514546205-79903444f2dda9c030d59728a5a70

We still don't have any reversal pattern. However, if a pullback from the nearest resistance arrives little later on, there'll be an opportunity to have a bearish correction.

More:
https://fbs.com/analytics/articles/eur-usd-belt-hold-pattern-5993

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USD/JPY Daily Analytics
11:22 29.12.2017

1514546205-135f23d8b7dc7d3519142fbd87e3d

There's a bearish "Three Methods" pattern. At the same time, there's no any reversal pattern so far. Therefore, the price is likely going to continue declining towards the lower "Window".

1514546205-eab68bd5d0df40984406b3b4dc6fe

We've got a "Shooting Star" pattern, which has been formed at the last local high. In this case, the pair is likely going to decline until any bullish pattern forms.

More:
https://fbs.com/analytics/articles/usd-jpy-shooting-star-pattern-5995

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BITCOIN (BTC/USD)
19:25 01.01.2018
Bitcoin keeps moving below the 200-hour moving average, which has allowed cryptocurrency to weaken in the markets, especially against the US dollar. From the 50% Fibonacci level we have seen that the BTC has encountered resistance, along with the 200 SMA mentioned in the H1 chart, which helps to add pressure to the BTC/USD.

The key support of 11,588 remains intact and is likely to remain that way for a few more days, due to the recovery that has been taking place since the December 30 session. The resistance of 13,618 continues to be key to the development of the trend in Bitcoin, in addition to the Parabolic SAR is reflecting a bearish condition.

What do we expect?

According to our projections in the short term, Bitcoin is going to stay in the corrective stage and still has air to continue with the bearish movement. The closest target is at the low of December 22 at 10,680, which should be fractured so that the crypto-currency falls to the Fibonacci target of -23.6% at 8,507.

1514834640-4d569cef72bb7acd467357c14ba15

More:
https://fbs.com/analytics/articles/bitcoin-btc-usd-targeting-below-the-10k-level-6005

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GBP/AUD
19:26 01.01.2018
GBP/AUD stays alive in the bearish trend held since several days ago, consolidating its price action below the 200 SMA at H1 chart, which is also offering a dynamic resistance in the pair across the board. The next target to the upside lies at the Fibo target of 50% in 1.7359, at which could trigger sell orders to reach the next downside target at the -23.6% Fibo level at 1.7137.

RSI indicator remains in the neutral territory, pointing to the downside in the short-term.

1514834777-97db8e7a6aca78845b6361a584f88

More:
https://fbs.com/analytics/articles/gbp-aud-with-a-supply-zone-around-17360-6006

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