Jump to content

Market News & Trade recommendations by FBS.com


riki143

Recommended Posts

GBP/USD Daily analytics
13:15 15.02.2018

1518700059-aa1d2bc860f4be4dbc69a145c6af3

The last "Double Bottom" pattern led to the current upward price movement. The main intraday target is the next resistance at 1.4149. Meanwhile, if we see a pullback from this area, there'll be a moment to have a downward correction.

1518700059-c356d21641486c6c42a0ed216be62

Bulls have broken the last "Pennant" pattern, so the price is rising. It's likely to have a local bearish correction in the coming hours, but the market is likely going to test the nearest resistance at 1.4066 - 1.4100 afterwards.

More:
https://fbs.com/analytics/articles/gbp-usd-double-bottom-pattern-6836

Link to comment
Share on other sites

EUR/USD Daily analytics
13:22 15.02.2018

1518700795-9dc949b1288fe5381922f8e17d576

The last bullish "Harami" and "Engulfing" patterns led to the current upward price movement. If any bearish pattern forms in the short term, there'll be a moment for a bearish correction.

1518700795-6958be6239702d0cd714238a4ec4a

The nearest "Window" acted as support, so there's a "Three Methods" pattern. In this case, the market is likely going to continue moving up in the coming hours.

More:
https://fbs.com/analytics/articles/eur-usd-three-methods-pattern-6837

Link to comment
Share on other sites

USD/JPY Daily analytics
13:30 15.02.2018

1518700795-5072ed251205c77effc3132aee995

The last "Three Methods" pattern led to the current decline. There's no any reversal pattern so far, which means the pair is going to continue declining.

1518700795-91f7fe4575020776fb2319b365d65

There's no any reversal pattern, but we could have a bullish correction. If the 34 Moving Average acts as resistance, there'll be an opportunity to have another bearish price movement.

More:
https://fbs.com/analytics/articles/usd-jpy-no-any-reversal-pattern-6838

Link to comment
Share on other sites

USD/JPY: YEN CRASHES OBSTACLES
07:00 15.02.2018

Recommendation:

SELL 107.40 SL 107.95 TP1 106.40 TP2 105.35 TP3 102.80

SELL 108.05 SL 108.60 TP1 107.00 TP2 106.4 TP3 105.35

On the daily chart, USD/JPY bears managed to lead the pair out of the long-term consolidation range of 107.35-115.35. As a result, it triggered AB=CD pattern with targets at 127.2% and 161.8%.

04KkOn1.png

On the daily chart, bears are in total control of the pair. In such conditions, pullbacks should be used for selling. The nearest resistance levels are at 107.30-107.45, 107.90-108.05 and 108.40-108.50.

y4UCJ9j.png

More:
https://goo.gl/8kdEe6

Link to comment
Share on other sites

EUR/JPY: EURO IS GRABBING FOR A PIN BAR
06:51 15.02.2018

Recommendation:

BUY 133.40

SL 132.85

TP1 134.40 TP2 135.40

On the daily chart, EUR/JPY reached 88.6% target of a “Shark” pattern. As a result, risks of a pullback increased. A pin bar increases the risks of a correction. Its high forms resistance at 133.40. To continue the decline to 113% target of the “Shark” patterns, bears need to pull the euro to February low.

Ezmj0wb.png

On H1, EUR/JPY formed two bars with lower bottom wicks. It means that bulls are ready to counterattack. They want to trigger a “Shark” pattern with a target of 88.6%.

if4SKim.png

More:
https://goo.gl/s5MQ1W

Link to comment
Share on other sites

Commodity Currencies 💰🛢

Commodity currencies are the currencies of economies with the large share of production and export of natural resources like oil, gas, coal, precious metals, etc. Their quotes are closely correlated with the country most important production. 
Learn in this article which currencies are these and the correlations with their commodities.
https://goo.gl/EgjUPd

TwUSmA1.jpg

Link to comment
Share on other sites

USD/CHF Daily Analytics
16:06 15.02.2018
USD/CHF broke pivotal support level 0.9250
Next sell target - 0.9450
 USD/CHF continues to fall after the earlier breakout of the pivotal support level 0.9250 (low of the previous sharp intermediate impulse wave (3) from the start of February). The breakout of the support level 0.9250 continues the active intermediate impulse wave (5), which started earlier with the daily Bearish Engulfing from the resistance level 0.9450 (former multi-month support level from July and September).

H7M52xI.png

More:
https://fbs.com/analytics/articles/usd-chf-broke-pivotal-support-level-09250-6841?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

Link to comment
Share on other sites

GBP/USD Daily Analytics
16:08 15.02.2018
GBP/USD reversed from support zone
Next buy target - 1.4200
GBP/USD previously reversed up from the support zone lying between the strong support level 1.3800, lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from the middle of December. The upward reversal from this support zone started the active minor impulse wave 3. GBP/USD is expected to rise further toward the next buy target at the next resistance level 1.4200 (resistance trendline of the daily up channel from August).

H7M5O81.png

More:
https://fbs.com/analytics/articles/gbp-usd-reversed-from-support-zone-6842?utm_source=forum&utm_medium=affiliate&utm_campaign=EN_English&utm_content=Riki_Analytics

Link to comment
Share on other sites

USD/JPY BROKE SUPPORT ZONE
09:27 16.02.2018

- USD/JPY broke support zone
- Next sell target - 105.50

USD/JPY continues to fall sharply after the earlier breakout of the support zone lying between the support levels 108.30 (which stopped the previous minor impulse wave 3 at the end of January) and 107.30 (low of the previous impulse wave (A)). The breakout of this support zone accelerated the active minor impulse wave (iii). USD/JPY is expected to fall further toward the sell target at the next support level 105.50 (target for the completion of the impulse wave (iii)).

gTPhqLl.png

More:
https://goo.gl/vv2Gsc

Link to comment
Share on other sites

🗓ُHorraaay .. Friday is here !

Some Extra cash in your Pocket would make your weekend even more Happy, won't it?
Make the Last trading day of the week beneficial..Get as much profit as possible and welcome the weekend with an overflowing wallet full of  💰CASH 💰
Proceed to your platform and to PROFIT!
😍➡😍 https://goo.gl/izf7zY

💚🌟💚 Always By Your Side _ Happy Friday 💚🌟💚
cvNXAyR.jpg

Link to comment
Share on other sites

WEEKLY FOREX OUTLOOK: FEB. 19 - 23
12:55 16.02.2018

https://www.youtube.com/watch?v=qh873mMyBzQ

The recovery of the US dollar turned out to be brief.

Investors are worried about the US twin deficits – current account deficit and budget deficit. There are forecasts that the budget deficit will rise to $1 trillion in 2019 because of increased spending and tax cuts. In addition, many traders think that American authorities want the USD to be weak. The prospect of more Federal Reserve’s rate hikes doesn’t provide much support to the greenback anymore as other countries start to scale back their easy monetary policy. The USD no longer has an advantage. Even stronger-than-expected consumer inflation figures didn’t help. To sum up, the outlook for the US currency is still negative.

USD/JPY fell to the lowest levels since the end of 2016. The level of 105.00 is a psychologically important support. The lower USD/JPY gets, the more nervous Japanese authorities will become. So far, their comments have been mild, but if the pair keeps rapidly falling they may decide to intervene.     

EUR/USD continues the uptrend, although it got overbought. Resistance is in the 1.2600 area. Support is at 1.2415 and 1.2310. As for GBP/USD, if it rises above 1.4160, the next target will be at 1.4350.

Most important events in the economic calendar for the upcoming days include the release of European PMI, UK labor market figures and the Fed’s meeting minutes on Wednesday;

the second estimate of British GDP and Canada’s and New Zealand’s retail sales on Thursday and Canada’s CPI on Friday. The Bank of England’s Governor Carney will testify on inflation and the economic outlook in Parliament on Wednesday.

Asian markets will be shut for Lunar New Year holidays until Thursday. US banks will also be closed on Monday because of Presidents’ Day.

More:
https://goo.gl/irWJ5F

Link to comment
Share on other sites

AUD/USD IS TIRED OF A CAGE
07:30 19.02.2018

Recommendations:

SELL 0.7895 SL 0.795 TP 0.7795

BUY 0.7985 SL 0.793 TP1 0.8055 TP2 0.8095 TP3 0.8185

On the daily chart of AUD/USD, bulls didn’t manage to overcome an important resistance level of 0.7985. As a result, the pair consolidated in the 0.7895-0.7985 area. When the pair gets out of this range, this will determine the further fate of the Aussie.

R9VxA43.png

On H1, a break of support at 0.7895 will trigger the “Shark” pattern with a target at 88.6%. On the other hand, successful test of resistance at 0.7985 will increase the risks of a rally. Don’t exclude the possibility of a “Widening wedge”.

ommcxgG.png

More:
https://goo.gl/tf26yT

Link to comment
Share on other sites

EUR/USD Daily Aalytics
06:20 19.02.2018
Technical levels: support – 1.2380; resistance – 1.2470, 1.2520.

Trade recommendations:

Buy — 1.2380; SL — 1.2360; TP1 — 1.2470; TP2 — 1.2520
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 to the support of the Kijun-sen.

1519021187-5974574d0f06c411e972e24d898d2

More:
https://goo.gl/cp12WT

Link to comment
Share on other sites

FBS Video Lessons 🎥

In this video Tutorial Lesson 10: CALCULATING VALUE OF A PIP
You will learn how to multiply the amount of your trade in lots by one pip in a decimal form (0.0001 or 0.01). A lot is given in units of our base currency. You should remember that the US Dollar is a quote currency in many pairs (EUR/USD, GBP/USD etc.). It means that the exchange rate of the quote currency to USD equals to 1. 
Learn more 👇
https://goo.gl/EtrKHb

Do not forget to chose your language from the video's subtitles :) 

nsGpZvQ.jpg

Link to comment
Share on other sites

GBP/USD Daily Analytics
06:21 19.02.2018
Technical levels: support – 1.3980; resistance – 1.4100, 1.4170.

Trade recommendations:

Buy — 1.3980; SL — 1.3960; TP1 — 1.4100; TP2 — 1.4170.
Reason: narrow bearish 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 entered into the cloudy area and will may test the Kijun’s support.

1519021187-5838ef800660551113de2aff99712

More:
https://goo.gl/bVxFJ9

Link to comment
Share on other sites

💰 3 instant Bonuses to make your trading more profitable !

We can not stop offering new opportunities to make our traders' experience much profitable and less risky. 
Here you are 3 different bonuses to choose from with the best international broker FBS :

1. No Deposit $50 Bonus - Your Way to start your journey in the world of Forex!
https://goo.gl/qG3tqW

2. No Deposit 123$ Bonus - As simple as to count to 1,2,3 !
https://goo.gl/FP8Euq

3. 100% Deposit Bonus  - Make your trading x2 more efficient
https://goo.gl/Kdp8FH

27peLj6.jpg

Link to comment
Share on other sites

NZD/USD Daily Analytics
07:21 19.02.2018
Recommendations:

BUY 0.7475 SL 0.7420 TP1 0.7575 TP2 0.7675 TP3 0.7775

SELL 0.7365 SL 0.7420 TP1 0.7275 TP2 0.7235 TP3 0.7205

On the daily chart of NZD/USD, if bulls manage to settle above 0,7395 and then overcome resistance at 0.7475, the formation of the “Widening wedge” will allow them to count on the resumption of an uptrend.

1519024745-fb9be1d9d65d6402746f6573306cf

On H1, NZD/USD reached the targets of “Wolfe waves” pattern. The pair’s currently forming a “widening wedge” on the basis of “Three Indians”. A break of support at 0.7365 will increase the risks of a pullback.

1519024790-3696dc2326705fd45dfa7b732beb8

More:
https://goo.gl/MCoSrp

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...