riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 EUR/USD Daily Analytics 05:45 06.02.2018 Technical levels: support – 1.2260; resistance – 1.2400. Trade recommendations: Buy — 1.2400; SL — 1.2420; TP1 — 1.2260; TP2 — 1.2220 Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with falling lines; the prices are entered inside a Cloud and may going to Senkou Span B’s support. More:https://fbs.com/analytics/articles/eur-usd-euro-entered-inside-cloud-6658?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 GBP/USD Daily Analytics 05:46 06.02.2018 Technical levels: support – 1.3900/20; resistance – 1.4100. Trade recommendations: Buy — 1.3900/20; SL — 1.3880; TP1 — 1.4050; TP2 — 1.4100. Reason: bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but the narrow channel Tenkan-Kijun; the prices are falling down to Senkou Span B’s support. More:https://fbs.com/analytics/articles/gbp-usd-bears-will-test-ssb%E2%80%99s-support-6659?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 XAU/USD Daily analytics 07:08 06.02.2018 Recommendation: SELL $1328 SL $1343 TP $1306 TP2 $1272 TP3 $1244 On the daily chart of XAU/USD, bulls managed to defend support at $1324-1328 an ounce. If bears succeed in another attempt to pulls the prices below this level, the risks of a pullback to $1306 and lower will increase. To continue rally towards 127.2% target of AB=CD, gold would need to rise above January high. On H1, a break of the upper border of an uptrend will increase the odds of the pair going to 88.6% target of the “Shark” pattern. A pullback, on the other hand, will create grounds for the formation of the “Head and Shoulders”. More:https://fbs.com/analytics/articles/xau-usd-gold-rose-too-high-6662?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 USD/CAD Daily Analytics 07:30 06.02.2018 Recommendation: BUY 1.2510 SL 1.2455 TP1 1.261 TP2 1.272 TP3 1.285 On the daily chart, USD/CAD bulls managed to rise above the upper border of the uptrend channel. As a result, the odds of an inverted “Shark” pattern with target at 88.6% have substantially increased. On H1, the probability of USD/CAD pulling back to support levels at 1.2485-1.2510 and 1.2390-1.2410 increased after the pair reached 113% target of the junior “Shark” pattern. If USD/CAD renews February high, this will create grounds for going to 88.6% target of the senior “Shark” pattern. More:https://fbs.com/analytics/articles/usd-cad-bears-are-running-away-6663?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 BITCOIN Daily Analytics 08:14 06.02.2018 The price of the world’s main cryptocurrency keeps falling. BTC/USD fell from the $11,600 area where it traded at the end of January to the vicinity of $6,000 on Tuesday, February 6. Bitcoin is in a firm downtrend. The double top formed on the chart in December and January, suggests that decline may stretch as low as to $4,300. Daily and weekly MACD indicators signal further downside. In addition, BTC/USD broke yesterday below the 200-day moving average for the first time in more than two years. This line will now act as resistance at $7,900. Bitcoin also went below the trend line connecting the lows of January 17 and February 2 (it’s located in about the same area as the 200-day MA). BTC/USD has to return at least above this area to give bulla a chance to reverse the satiation. It’s clear that the cryptocurrency market is in desperate need of new monetary inflows. Yet, for now the sentiment seems to be negative. Bitcoin market capitalization declined from $294 billion on January 7 to $139 billion on February 5. Why is Bitcoin falling? Bitcoin’s price is affected by negative news flow. Fears of regulatory prohibitions led to the decline in Asian trading volumes. According to local media, China will reportedly block anyone in the country from accessing websites that offer cryptocurrency trading services or initial coin offerings (ICOs). Bloomberg reported that the heads of CFTC and the SEC will ask the Congress to consider federal oversight for digital-currency trading platforms. Many major commercial banks announced that they would ban the use of their credit cards to buy Bitcoin and other cryptocurrencies. These banks include JPMorgan Chase, Bank of America, and Citigroup in the United States and Lloyds bank in the United Kingdom. The market’s risk sentiment in general suffered this weak as world stocks experienced big selloffs. More:https://fbs.com/analytics/articles/bitcoin-technical-analysis-6665?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 EUR/USD Daily analytics 10:57 06.02.2018 The trend is still bullish, but the price is consolidating. The main intraday target is the next resistance at 1.2456 - 1.2500. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at 1.2334 - 1.2294. The Moving Averages have acted as resistance, so there's a "V-Top" pattern. In this case, the pair is likely going to reach the closest support at 1.2384 - 1.2363 in the short term. Meanwhile, if we see a pullback from these levels, bulls will probably try to test the next resistance at 1.2482 - 1.2456. More:https://fbs.com/analytics/articles/eur-usd-v-top-pattern-6668?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 GBP/USD Daily Analytics 10:59 06.02.2018 There's a "Double Top" pattern, which has been confirmed. The main intraday target is the nearest resistance at 1.4082 - 1.4129. These levels could be a departure point for a decline towards the next support at 1.3895 - 1.3834. Bears faced with support at 1.3944, so the price is consolidating. In this case, bulls are likely going to test the 89 Moving Average in the coming hours. If we see a pullback from this line, there'll be a moment to have a decline towards the nearest support at 1.3944 - 1.3915. More:https://fbs.com/analytics/articles/gbp-usd-double-top-pattern-6669?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 EUR/USD Daily Analytics 11:15 06.02.2018 The 34 Moving Average has acted as support, so there's a "Hammer" pattern, which has been confirmed. So, the market is likely going to test the nearest resistance area in the short term. The 34 & 55 Moving Averages are acting as resistance. Also, there's a "Harami", but confirmation of this pattern isn't enough. So, we could have a local bearish correction and the following bullish price movement afterwards. More:https://fbs.com/analytics/articles/eur-usd-34-ma-acted-as-support-6670?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 USD/JPY Daily Analytics 11:18 06.02.2018 The lower "Window" has acted as support once again, so we've got a "High Wave" pattern. So, we're likely going to have an upward correction soon. If a pullback from the Moving Averages happens little later on, we could have another decline. There's a bearish "Engulfing", so the market is likely going to decline during the day. Nevertheless, bulls will probably try to test the Moving Averages afterwards. More:https://fbs.com/analytics/articles/usd-jpy-high-wave-pattern-6671?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 XAU/USD: GOLD ROSE TOO HIGH 07:08 06.02.2018 Recommendation: SELL $1328 SL $1343 TP $1306 TP2 $1272 TP3 $1244 On the daily chart of XAU/USD, bulls managed to defend support at $1324-1328 an ounce. If bears succeed in another attempt to pulls the prices below this level, the risks of a pullback to $1306 and lower will increase. To continue rally towards 127.2% target of AB=CD, gold would need to rise above January high. On H1, a break of the upper border of an uptrend will increase the odds of the pair going to 88.6% target of the “Shark” pattern. A pullback, on the other hand, will create grounds for the formation of the “Head and Shoulders”. More:https://goo.gl/P6UZ1H Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 USD/CAD: BEARS ARE RUNNING AWAY 07:30 06.02.2018 Recommendation: BUY 1.2510 SL 1.2455 TP1 1.261 TP2 1.272 TP3 1.285 On the daily chart, USD/CAD bulls managed to rise above the upper border of the uptrend channel. As a result, the odds of an inverted “Shark” pattern with target at 88.6% have substantially increased. On H1, the probability of USD/CAD pulling back to support levels at 1.2485-1.2510 and 1.2390-1.2410 increased after the pair reached 113% target of the junior “Shark” pattern. If USD/CAD renews February high, this will create grounds for going to 88.6% target of the senior “Shark” pattern. More:https://goo.gl/cFj4jt Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 KEY FACTORS FOR TRADING EUR/USD 💶💵 To understand which factors affect the EUR/USD, let’s start with a description of the currency pair. The power of the pair is incredible. The US dollar is the most traded and widely held currency, the euro is the second most popular currency in the world. The EUR/USD covers two main economies: European and American, so it has more than half of the total trading volume in the world on the Forex market. Learn all the Key Factors here 👉 https://goo.gl/iMd9UV Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 🎁 Somebody’s dream will be fulfilled by FBS! It may be your dream! Go on, don’t be shy, share your heart’s desire now. But remember – it must be something really special and inspiring! Every month, FBS Team reads the full list of dreams and votes for the most impressive one. Use your creativity and express your thoughts in a clear and beautiful way – it will help you to become a winner. Learn the terms and conditions ⬇https://goo.gl/LWBcd1 We wish you good luck! 💚 Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 NZD/CAD Daily Analytics 14:34 06.02.2018 NZD/CAD reversed from the support area Next buy target - 0.9200 NZD/CAD recently reversed up from the support area lying between the key support level 0.9030 (former resistance level from December) and the 38.2% Fibonacci correction of the previous sharp upward impulse 1 from the middle of November. NZD/CAD is expected to rise further toward the next buy target at the next resistance level 0.9200 (former strong support level from July and the top of the earlier impulse wave 1). More:https://fbs.com/analytics/articles/nzd-cad-reversed-from-the-support-area-6675?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 6, 2018 Author Report Share Posted February 6, 2018 AUD/NZD Daily Analytics 14:37 06.02.2018 AUD/NZD broke support zone Next sell target - 1.0700 AUD/NZD recently broke through the support zone lying between the key support level 1.0860 (which has been steadily reversing the price from the end of September) and the 50% Fibonacci correction of the previous intermediate impulse wave (C) from June. This price zone is acting as resistance area after it was broken. AUD/NZD is expected to fall further to the next sell target at the next support level 1.0700. More:https://fbs.com/analytics/articles/aud-nzd-broke-support-zone-6676?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
riki143 Posted February 7, 2018 Author Report Share Posted February 7, 2018 GBP/USD IS WELCOMING A PINBAR 08:26 07.02.2018 Recommendation: BUY 1.4005 SL 1.3950 TP1 1.4105 TP2 1.425 TP3 1.46 On the daily chart, GBP/USD bull managed to defend support at 1.3830-1.3835. As a result, the pair formed a pinbar. A successful test of its high will allow the pound to count on the uptrend’s resumption. On H1, GBP/USD keeps forming 1-2-3 and “Spike with reversal and acceleration”. To break the uptrend, bears need to pull the pair out of the trading channel and reach 88.6% target of the “Bat”. The odds of this scenario are not high. More:https://goo.gl/597Nk5 Link to comment Share on other sites More sharing options...
riki143 Posted February 7, 2018 Author Report Share Posted February 7, 2018 USD/CHF HAS LITTLE SPACE IN THE CORRIDOR 07:30 07.02.2018 Recommendations: BUY 0.9395 SL 0.934 TP1 0.948 TP2 0.96 SELL 0.929 SL 0.9345 TP1 0.919 TP2 0.905 On the daily chart, USD/CHF reached the interim target at 113% of the “Crab” pattern: bulls are trying to counterattack. To develop correction, they need to overcome resistance at 0.9410 and 0.9485-0.9505. On H1, a break of the upper border of the 0.929-0.9395 consolidation range will increase the odds of its getting to 88.6% of the inverted “Shark” pattern. On the other hand, a decline below the support at 0.9290 will lead to the resumption of the downtrend. More:https://goo.gl/cbCuwf Link to comment Share on other sites More sharing options...
riki143 Posted February 7, 2018 Author Report Share Posted February 7, 2018 Get the latest analytics from Elizabeth Belugina on FBS Telegram channel: https://t.me/fbsanalytics https://www.globalbankingandfinance.com/the-era-of-the-weaker-dollar/ Link to comment Share on other sites More sharing options...
riki143 Posted February 7, 2018 Author Report Share Posted February 7, 2018 TECHNICAL INDICATORS EVERY TRADER SHOULD KNOW 📈📉 What Trading Indicators do you use? Technical indicators won’t automatically lead you to profit, but they will do a lot of work for you. There are no doubts that a skillful and experienced trader can achieve profit without indicators, but they can still help a lot. Success comes from knowledge – this is true for most things in life and especially Forex trading. To become successful, a trader needs to learn technical analysis. Technical indicators are a big part of technical analysis. FBS would like to share with you three of the most useful trading Indicators. Read more here 👉 https://goo.gl/6DMi7r Link to comment Share on other sites More sharing options...
riki143 Posted February 7, 2018 Author Report Share Posted February 7, 2018 ❌ Don’t fall a victim of those most common mistakes⬇https://goo.gl/P1MSn2 Link to comment Share on other sites More sharing options...
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