riki143 Posted February 9, 2018 Author Share Posted February 9, 2018 GBP/USD Daily Analytics 06:15 09.02.2018 The main trend is still bullish, but there's a "V-Top" pattern. The main intraday target is the next support at 1.3834 - 1.3741. Meanwhile, if a pullback from this area happens, we could have another upward price movement. There's a bearish "Thorn" pattern, so the price is consolidating. It's likely that the pair is going to test the nearest resistance at 1.3944 - 1.3979, which could be a departure point for a bullish price movement. More:https://fbs.com/analytics/articles/gbp-usd-thorn-pattern-6729?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 9, 2018 Author Share Posted February 9, 2018 EUR/USD Daily Analytics 06:20 09.02.2018 There's a bearish "Three Methods" pattern, which has been formed under the Moving Averages. In this case, the price is likely going to continue declining. The price is consolidating under the upper "Window". If a pullback from this area happens, we could see a downward price movement towards the next support. More:https://fbs.com/analytics/articles/eur-usd-bearish-three-methods-pattern-6730?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 9, 2018 Author Share Posted February 9, 2018 USD/JPY Daily Analytics 06:25 09.02.2018 The price is consolidating between two "Windows". Also, there's no any reversal pattern so far. Therefore, the pair is likely going to test the next support area. There isn't any reversal pattern, cause all the last candles are bearish. So, the market is likely going to test nearest support area. More:https://fbs.com/analytics/articles/usd-jpy-there-isnt-any-reversal-pattern-6731?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 9, 2018 Author Share Posted February 9, 2018 EUR/USD Daily Analytics 07:11 09.02.2018 Recommendation: SELL 1.2225 SL 1.228 TP1 1.216 TP2 1.2045 BUY 1.2295 SL 1.224 TP1 1.237 TP2 1.2475 On the daily chart, EUR/USD keeps forming “Spike and reversal with acceleration”. Bears count on the continuation of the decline toward an interim target at 78.6% of the “Bat” pattern. Never the less, the pair is for now above support at 1.2015-1.2045, and bulls are in control of the situation. On H1, after having formed a widening wedge EUR/USD went to the 3-week and formed a short-term consolidation range of 1.2225-1.2295. More:https://fbs.com/analytics/articles/eur-usd-bulls-loosened-their-grip-6735?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 9, 2018 Author Share Posted February 9, 2018 EUR/GBP Daily Anlytics 07:29 09.02.2018 Recommendation: SELL 0.8715 SL 0.877 TP1 0.8615 TP2 0.8525 TP3 0.8425 On the daily chart, EUR/GBP continues its medium-term consolidation in the 0.8700-0.9015 area. A break of its lower border will increase the odds of the pair’s getting to 200% target of AB=CD. On the other hand, advance above the resistance at 0.9015 will help to resume the uptrend. On H1, EUR/GBP reached 88.6% target of an inverted “Bat”. To continue the decline, bears need to pull the pair below 0.8715. More:https://fbs.com/analytics/articles/eur-gbp-bulls-are-under-pressure-6736?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 9, 2018 Author Share Posted February 9, 2018 WEEKLY REPORT: GBP/USD 11:36 09.02.2018 This week was shaking for the cable. At the beginning of the week, the pound continued the Friday’s downward trend. However, it little changed ahead of the Bank of England’s meeting. Although the BOE kept interest rates unchanged at the level of 0.5%, hawkish sounding statements of the Governor made the pound rise. Mark Carney said that they are returning to targeting inflation at the two-year horizon. That is why they may raise the interest rate earlier than planned before. It caused the rally of the pound, and it could achieve the level of 1.4065 after the last close at 1.3875. However, the candle could not close at that height and fell to close at 1.3900. The bullish trend of GBP could not fix because doubts about the Brexit deal still prevail. In addition, the significant plunge of the Dow Johns Index affected the pound as well. The GBP/USD is moving in a horizontal trading channel between 1.3835 and 1.4000. They are support and resistance for the pair in a short-term. The next support is at 1.3741, resistance at 1.4070. Next week traders should take into consideration CPI data that will be released on Tuesday, February 13, and Retail Sales announcement on Friday, February 16, both at 11:30 MT time. More:https://fbs.com/analytics/articles/weekly-report-gbp-usd-6738?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 12, 2018 Author Share Posted February 12, 2018 WEEKLY FOREX OUTLOOK: FEB. 12 - 16 11:40 12.02.2018 https://www.youtube.com/watch?v=VjhBBAe7c_4 The spectacular decline of US stocks was the biggest event of last week. Dow Jones experienced a record fall: it lost more than 1,000 points in one day. The US dollar took its chance to recover. Traders fear that the Federal Reserve will raise interest rates faster than expected. This may hurt profits of American companies, but boosts demand for the cheap dollar. The USD index managed to return above 90.00 and has some chance for stabilization. Resistance is at 91.00. Investors took profit on their bullish EUR/USD positions, and the pair slid by 1.4%. It has to rise above 1.2345 to resume uptrend. Decline below 1.2220 will open the way down to 1.2125 and 1.2080, although we think that the euro should be more or less stable given the euro area’s strong economy. GBP/USD also corrected down last week. The Bank of England offered the pound a positive boost. It raised the UK economic forecasts and said that interest rates probably needed to rise sooner and faster than it had previously thought. However, the general market selloff affected the pound, and GBP/USD failed to stay above 1.40. Support is at 1.38 and 1.3665. Yet, fundamentals have improved and the pair may try to resume uptrend after some consolidation. Australian and New Zealand dollars suffered because of the market’s risk aversion and the fact that central banks of these nations don’t plan to raise interest rates. Both AUD/USD and NZD/USD recovered by the end of the week, but still closed below the weekly moving averages. Forex economic calendar for the coming days includes UK inflation figures on Tuesday, and US consumer inflation and retail sales on Wednesday. The flash European GDP figures will always be released in the middle of the week. Australian employment and US PPI will come out on Thursday and the speech of the RBA governor together with British retail sales and the US building permits are awaited on Friday. More: https://goo.gl/xkmNXB Link to comment Share on other sites More sharing options...
riki143 Posted February 12, 2018 Author Share Posted February 12, 2018 USD/JPY: "HIGH WAVE" PATTERN 10:40 12.02.2018 The price has reached the lower "Window" once again, so we've got a pullback from this area. Therefore, the market is likely going to test the upper "Window" and the Moving Averages. There's a "High Wave" pattern, which has been confirmed. So, the pair is likely going to test the Moving Averages, which could be a departure point for another bearish price movement. More:https://goo.gl/eAWsCv Link to comment Share on other sites More sharing options...
riki143 Posted February 12, 2018 Author Share Posted February 12, 2018 FBS Video Lessons 🎥 In this video Tutorial Lesson 9: about the LOTS You will learn that spot Forex trading was only available in specific amounts of base currency called lots. A standard size of a lot equals to 100 000 units of a base currency. Later on, when Forex market opened for traders with smaller capital, a mini and even a micro lot became available. Learn more 👇https://goo.gl/45W73F Do not forget to chose your language from the video's subtitles :) Link to comment Share on other sites More sharing options...
riki143 Posted February 12, 2018 Author Share Posted February 12, 2018 💫 Get inspired by this Japanese Forex Success Story! 💫 Nishi Kanie - an experienced FBS trader from Japan - tells you how he started trading and how he reached profitability! Read what does he have to tell you in this interview on how to start making profit 👇https://goo.gl/FHtu3u Link to comment Share on other sites More sharing options...
riki143 Posted February 13, 2018 Author Share Posted February 13, 2018 EUR/USD: EURO STARTED TO SSA 06:01 13.02.2018 Technical levels: support – 1.2230, 1.2270; resistance – 1.2350, 1.2400. Trade recommendations: Buy — 1.2300; SL — 1.2280; TP1 — 1.2400; TP2 — 1.2450 Reason: narrowing bearish Ichimoku Cloud with raising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel; the prices are supported by Senkou Span B and going to upper border of the Ichimoku Cloud. More:https://fbs.com/analytics/articles/eur-usd-euro-started-to-ssa-6770?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 13, 2018 Author Share Posted February 13, 2018 GBP/USD Daily Analytics 06:02 13.02.2018 Technical levels: support – 1.3770; resistance – 1.3870. Trade recommendations: Sell — 1.3860/70; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered into negative area. More:https://fbs.com/analytics/articles/gbp-usd-pound-in-negative-area-6771?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 13, 2018 Author Share Posted February 13, 2018 XAU/USD Daily analytics 07:19 13.02.2018 Recommendation: SELL $1,3320 SL $1,3470 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 SELL $1,3430 SL $1,3580 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308.50 support. Another test of this area in case of success will increase the possibility of a pullback to $1273 and lower. The condition necessary for the uptrend’s resumption is a convincing break of resistance at $1350 an ounce. On H1, much will depend on bulls’ ability to lead the pair outside of descending channel. More:https://fbs.com/analytics/articles/xau-usd-gold-is-in-the-dead-zone-6774?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 13, 2018 Author Share Posted February 13, 2018 USD/CAD Daily Analytics 07:27 13.02.2018 Recommendations: SELL 1.2490 SL 1.2545 TP1 1.239 TP2 1.229 TP3 1.2190 BUY 1.2665 SL 1.2610 TP1 1.2765 TP2 1.2895 On the daily chart, USD/CAD the inability of bulls to return the pair inside the previous consolidation range of 1.2670-1.2895 was the first signal of their weakness. On H1, if USD/CAD breaks below support at 1.2560 and 1.2490, the risks of the pair getting to 88.6% of the junior “Shark” pattern. To continue rising and reach 88.6% target of the senior “Shark” pattern, the pair has to convincingly rise above resistance at 1.2665. More:https://fbs.com/analytics/articles/usd-cad-loonies-is-caught-by-sharks-6775?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 13, 2018 Author Share Posted February 13, 2018 GBP/USD: POUND IN NEGATIVE AREA 06:02 13.02.2018 Technical levels: support – 1.3770; resistance – 1.3870. Trade recommendations: Sell — 1.3860/70; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered into negative area. More:https://goo.gl/duYFMK Link to comment Share on other sites More sharing options...
riki143 Posted February 13, 2018 Author Share Posted February 13, 2018 EUR/USD Daily Analytics 12:23 13.02.2018 The 89 Moving Average has acted as support, so there's "Triple Bottom" pattern, which has been confirmed. The main intraday target is the next resistance at 1.2358 - 1.2384. If we have a pullback from this area, there'll be an opportunity to have another decline. Bulls faced with resistance at 1.2334, so we should keep an eye on the 34 Moving Average as the next bearish target. This line could be a departure point for an upward price movement towards the nearest resistance at 1.2358 - 1.2384. More:https://fbs.com/analytics/articles/eur-usd-triple-bottom-pattern-6779?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 13, 2018 Author Share Posted February 13, 2018 XAU/USD: GOLD IS IN THE DEAD ZONE 07:19 13.02.2018 Recommendation: SELL $1,3320 SL $1,3470 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 SELL $1,3430 SL $1,3580 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308.50 support. Another test of this area in case of success will increase the possibility of a pullback to $1273 and lower. The condition necessary for the uptrend’s resumption is a convincing break of resistance at $1350 an ounce. On H1, much will depend on bulls’ ability to lead the pair outside of descending channel. More:https://goo.gl/LZBGKZ Link to comment Share on other sites More sharing options...
riki143 Posted February 13, 2018 Author Share Posted February 13, 2018 GBP/USD Daily Analytics 12:26 13.02.2018 There's a "V-Bottom" pattern, so the price is consolidating. It's likely that the pair is going to reach the closest resistance at 1.3895 - 1.3944. If a pullback from these levels happens little later on, there'll be a moment to have a decline in the direction of the next support at 1.3741. The price is consolidating near the 34 Moving Average. It seems like there's a developing "Flag" pattern. So, if a pullback from the nearest resistance at 1.3895 - 1.3944 happens, we could have a bearish price movement towards another support at 1.3795 - 1.3763. More:https://fbs.com/analytics/articles/gbp-usd-developing-flag-pattern-6780?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 13, 2018 Author Share Posted February 13, 2018 EUR/USD Daily Analytics 12:47 13.02.2018 The last "Harami" led to the current upward price movement, so there's no any reversal pattern so far. At the same time, there's an opportunity to have a bearish correction anytime soon. All the Moving Averages have been broken, so the price is moving up. It's likely to have a local correction in the short term, but bulls are likely going to test the upper "Window" afterwards. More:https://fbs.com/analytics/articles/eur-usd-no-any-reversal-pattern-6781?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 13, 2018 Author Share Posted February 13, 2018 USD/JPY Daily Analytics 12:51 13.02.2018 The nearest "Window", which acted as support, has been broken. Considering that there's no any reversal pattern, the price is likely going to continue declining. The price has been declining since the last "Shooting Star" pattern arrived. If any bullish pattern forms in the coming hours, there'll be an opportunity to have an upward correction. More:https://fbs.com/analytics/articles/usd-jpy-bears-went-through-window-6782?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics Link to comment Share on other sites More sharing options...
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