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GBP/USD: MAIN TARGET IS CLOSEST SUPPORT
10:06 25.01.2018

xvykgrryegny4bzdmi1rg.png

The main trend is still bullish, but the pair faced resistance at 1.4331, so there's an opportunity to have a downward correction towards the nearest support at 1.4129 - 1.4089. If we have a pullback from this area little later on, bulls will probably try to test the next resistance at 1.4386 - 1.4433.

xr58iditya37q3jyfbsy9.png

We've got a "V-Top" pattern, which has been formed at the last local high. The main intraday target is the closest support at 1.4195 - 1.4129. However, if a pullback from these levels arrives afterwards, there'll be a moment to have another upward price movement in the direction of the nearest resistance at 1.4386 - 1.4433.

More:

https://goo.gl/gGwaWJ

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EUR/USD: "V-TOP" PATTERN LED TO DECLINE
10:01 25.01.2018

xl1dwp4bzaqfrxhq2v6ws.png

Bulls faced with resistance at 1.2456, so the market is likely going to test the nearest support at 1.2358 - 1.2322. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement towards the next resistance at 1.2456 - 1.2500.

xfi37eddk3p3s1sz5zg5f.png

There's a "V-Top" pattern, so the pair is likely going to achieve the closest support at 1.2358. This level could be a departure point for a bullish price movement in the direction of another resistance at 1.2456 - 1.2500.

More:
https://goo.gl/YsKNPC

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ECB Meeting & Press Conference

The European Central Bank will announce its monetary policy decision at 14:45 MT time on January 25. 

December meeting of the regulator wasn’t eventful, even so, EUR/USD made firstly a false move to the upside and then declined by almost 100 pips. That’s why there are all reasons to expect good trading opportunities in the EUR this time as well.

Folow this news in the Economic Calendar https://goo.gl/pmvebR

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EUR/USD Daily Analytics
06:07 26.01.2018
Technical levels: support – 1.2370; resistance – 1.2460, 1.2530.

Trade recommendations:

Buy — 1.2420/30; SL — 1.2400; TP1 — 1.2460; TP2 — 1.2530
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are reached new highs and corrected to local support of Kijun-sen.

1516946842-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-corrected-to-kijun-sen-6466utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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GBP/USD Daily Analytics
06:09 26.01.2018
Technical levels: support – 1.4100, 1.4140; resistance – 1.4300.

Trade recommendations:

Buy — 1.4140; SL — 1.4120; TP1 — 1.4270; TP2 — 1.4300.
Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; a market returned to the support of Kijun-sen and may continue an uptrend.

1516946842-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-may-go-higher-6467?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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EUR/USD Daily Analytics
06:58 26.01.2018
Recommendation:

SELL 1.2360

SL 1.2415

TP1 1.2305 TP2 1.2200

On the daily chart, EUR/USD is forming “Spike and reversal with acceleration” pattern. To change the trend to the downward the euro should return to 1.19. That is unlikely. On the other hand, a pin bar near the lower border of the current uptrend increases the risks of a pullback.

1516949779-8afba167b3e7c15d0d5d28d0f3c7b

On H1, EUR/USD formed a reversal “Widening wedge”. Aggressive selling will become a priority if the euro returns to 23.6% of the wave 4-5. Conservative selling may start when the euro reaches point 5.

1516949796-144c086f9efd0dd7367f2818eb875

More:
https://fbs.com/analytics/articles/eur-usd-you-don%E2%80%99t-mess-with-pin-bars-6471?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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EUR/GBP Daily Analytics
07:40 26.01.2018
Recommendation:

SELL 0.8700

SL 0.8755

TP1 0.8600 TP2 0.8450

On the daily chart, EUR/GBP tested the lower border of the 0.8740-0.9015 for the fourth time since September. The inability of bears to continue what they have begun will point at their weakness. On the other hand, if the pair renews January low, the odds of decline to 2% target of AB=CD will increase.

1516952294-bc1ce4ebdd72b71af2881b8edc2b5

On H1, EUR/GBP managed to lead the pair outside of the descending trade channel. To return the initiative, bears need to make the euro go below support at 0.8740.

1516952341-311438cdc50bb0f634d8ee27e47a0

More:
https://fbs.com/analytics/articles/eur-gbp-bulls-have-defended-the-fortress-6472?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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EUR/GBP: BULLS HAVE DEFENDED THE FORTRESS
07:40 26.01.2018

Recommendation:

SELL 0.8700

SL 0.8755

TP1 0.8600 TP2 0.8450

On the daily chart, EUR/GBP tested the lower border of the 0.8740-0.9015 for the fourth time since September. The inability of bears to continue what they have begun will point at their weakness. On the other hand, if the pair renews January low, the odds of decline to 2% target of AB=CD will increase.

xyed474hi53e8rqrgg4.png

On H1, EUR/GBP managed to lead the pair outside of the descending trade channel. To return the initiative, bears need to make the euro go below support at 0.8740.

xudf1qk2u6axmsqf141t.png

More:
https://goo.gl/wWFTCU

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EUR/USD Daily Analytics
11:44 26.01.2018

1516966993-868c558b86e18dc4a0db763f1f8c2

The main trend is still bullish, so we should keep an eye on the next resistance at 1.2500 - 1.2537 as an intraday target. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at 1.2456 - 1.2358.

1516966993-8853eac461d38cd349c996e92d8ca

There's a possible "V-Top", so the pair is likely going to test the closest support at 1.2398. This level could be a departure point for another upward price movement in the direction of the next resistance at 1.2500 - 1.2537.

More:
https://fbs.com/analytics/articles/eur-usd--possible-v-top-6476?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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GBP/USD Daily Analytics
11:47 26.01.2018

1516966993-a52d890d621b456f1dc2e5c7b59a0

Bulls faced with resistance at 1.4331, so there's a "Double Top" pattern. Nevertheless, the market is likely going to achieve the next resistance at 1.4386 - 1.4433 soon. If a pullback from this area happens, we could have a bearish correction.

1516966993-a25b13537bf11999f515b57ba3d7f

The 55 Moving Average has acted as support, so the price is consolidating. In this case, we should keep an eye on the closest support at 1.4129. Meanwhile, if we have a pullback from this level, there'll be an opportunity to have a bullish price movement towards the next resistance at 1.4327 - 1.4344.

More:
https://fbs.com/analytics/articles/gbp-usd-double-top-pattern-6477?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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EUR/USD Daily Analytics
11:50 26.01.2018

1516967344-87ac484ba8e276e0317dcb5cc80bf

There's a "Piercing Line" pattern, which has been confirmed. So, if the 21 Moving Average acts as support, there'll be an opportunity to have a new local high.

1516967344-22250ce495e7e8670fbdbf68ef742

We've got a "Harami" and a "High Wave", but both patterns haven't been confirmed yet. Therefore, the 34 MA is likely going to act as support. If so, bulls will probably try to reach the next resistance area.

More:
https://fbs.com/analytics/articles/eur-usd-34-ma-going-to-act-as-support-6478?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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USD/JPY Daily Analytics
11:53 26.01.2018

1516967344-f25290b0771e1ecf5579114d2ceb9

There's a bearish "Doji" pattern at the last local high. In this case, the price is likely going to test the lower "Window" once again.

1516967343-0a687ac69c38b5c89f64e923e609c

The last "Doji" pattern has been confirmed, so the price is declining. It's likely to have a local bullish correction during the day. If a pullback from the 21 MA happens little later on, there'll be a moment to have another decline.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-doji-pattern-6479?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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EUR/USD Daily Analytics
06:04 29.01.2018

Technical levels: support – 1.2370; resistance – 1.2460, 1.2530.

Trade recommendations:

Buy — 1.2420/30; SL — 1.2400; TP1 — 1.2460; TP2 — 1.2530
Reason: bullish Ichimoku Cloud, with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are returned into channel Tenkan-Kijun and supported by Kijun-sen.

1517205844-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-supported-by-kijun-sen-6497?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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GBP/USD Daily Analytics
06:05 29.01.2018
Technical levels: support – 1.4130; resistance – 1.4210.

Trade recommendations:

Buy — 1.4140; SL — 1.4120; TP1 — 1.4210; TP2 — 1.4270.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; a market returned into channel Tenakn-Kijun and may bounced from Kijun-sen to the positive area.

1517205844-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-in-consolidation-inside-tenkan-kijun-6498?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

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AUD/USD Daily Analytics
07:14 29.01.2018
AUD/USD: Aussie made a halt

Recommendations:

BUY 0.812 SL 0.8065 TP 0.822

BUY 0.805 SL 0.795 TP1 0.815 TP2 0.822

SELL 0.8005 SL 0.806 TP 0.79

On the daily chart, AUD/USD “bulls” attempted to activate pattern AB=CD with a target at 127,2%, that failed. If Aussie comes back to the support level at $0,805, there will be risks of a pullback in the direction of $0,799 and $0,79.

1517209957-1db64c049cc9775b27418fd0e6b08

On the hour chart, if AUD/USD falls below the support line in 0.8005, it will activate a pattern “Widening wedge”. On the other side, a hit of the support level at 0.8120 will be a sign the bullish trend’s resumption.

1517209979-ef00342837a633bda01cab6a3fe3e

More:
https://fbs.com/analytics/articles/aud-usd-aussie-made-a-halt-6502

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EUR/USD Daily Analytics
10:24 29.01.2018

1517221410-5e10b00e2a117919bd16aed357ada

The main trend is still bullish, but the price is consolidating between the levels 1.2569 - 1.2358. It's likely that the pair is going to test the next support at 1.2322 - 1.2272 in the coming hours. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement in the direction of the nearest resistance at 1.2456 - 1.2500.

1517221409-acb9336e8e0ae8abe95cf250dc166

There's a "V-Top" pattern, but the 34 Moving Average is acting as support, so the market is going to test the closest resistance at 1.3456. A pullback from this level could be a departure point for a decline towards the 55 MA.

More:
https://fbs.com/analytics/articles/eur-usd-v-top-pattern-6510

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USD/JPY Daily Analytics
12:46 29.01.2018

1517229774-563dbc5dfd0689a6538ab9779fd44

The pair has reached the lower "Window", but the price remains below the middle of the last huge black candle. In this case, the market is likely going to test the next "Window" soon.

1517229775-ed3dacb593e783d6b1edef4c89f4c

There's a "Harami", which has been formed on the 21 Moving Average. Therefore, the pair is likely going to continue moving down in the short term.

More:
https://fbs.com/analytics/articles/usd-jpy-pair-reached-the-lower-window-6514

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GBP/USD: "DOUBLE TOP" LED TO DECLINE
10:28 29.01.2018

x65azythr69rmepazgkm.png

The last "Double Top" pattern led to the current decline. The main intraday target is the 34 Moving Average. If a pullback from this line happens little later on, there'll be an opportunity to have another bullish pice movement.

xs9wcz5s6n7sq2lylf4q7.png

The price is consolidating between the 34 & 55 Moving Averages. It's likely that the pair is going to test the nearest resistance at 1.4206, which could be a departure point for a decline in the direction of the next support at 1.4011.

More:
https://goo.gl/JNZ2KU

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