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GBP/USD Daily Analytics
10:50 07.03.2018

1520419391-3dcc83d8a2d798e98f56d54c820fb

There's a "Double Top" pattern, which has been formed on the Moving Averages. So, we should keep an eye on the nearest support at 1.3856 - 1.3799 as the next bearish target. If a pullback from this area happens, we could have another upward price movement.

1520419391-4f1d85241ca91922b0d8e6168090a

We've got two bearish "Thorn" patterns on the one-hour chart. Therefore, there's an opportunity to have a downward correction towards the closest support area at 1.3816 - 1.3799 in the short term.

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https://goo.gl/Axg2vz

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EUR/USD Daily Analytics
12:55 07.03.2018

1520427159-9ab7b52240b88239939e19299a677

There's a "Three Methods" pattern, which has been confirmed. Also, there's no any reversal pattern, so the market is likely going to test the next resistance area. If a pullback from this zone happens little later on, there'll be a moment for a bearish correction.

1520427159-a17c27389b2bc4eb1a6d38620729b

We've got a bearish "Shooting Star" right under the upper "Window". In this case, there's an opportunity to have a local correction towards the nearest support, which could be a departure point for another bullish price movement.

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https://goo.gl/5ac2N5

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USD/JPY Daily Analytics
12:57 07.03.2018

1520427159-9eb2e4e42a405cd3912ca493519ea

The 21 Moving Average has acted as resistance, so the price is declining. The main bearish target is the lower "Window". If a pullback from this level happens, we could have an upward correction afterwards.

1520427159-5183df8760f9462c5f0c7b7418c79

There's a bullish "Hammer", so there's an opportunity to have a local upward correction. Meanwhile, if a pullback from the Moving Averages happens little later on, bears will probably try to deliver a new local low.

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https://goo.gl/k71eeR

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USD/JPY: 21 MA ACTED AS RESISTANCE
12:57 07.03.2018

More: https://goo.gl/ym2rrS

ijT3eL8.png

The 21 Moving Average has acted as resistance, so the price is declining. The main bearish target is the lower "Window". If a pullback from this level happens, we could have an upward correction afterwards.

wWn6lZZ.png

There's a bullish "Hammer", so there's an opportunity to have a local upward correction. Meanwhile, if a pullback from the Moving Averages happens little later on, bears will probably try to deliver a new local low.

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EUR/USD: BEARISH "SHOOTING STAR"
12:55 07.03.2018

More: https://goo.gl/GGf1U7

8EdzA3W.png

There's a "Three Methods" pattern, which has been confirmed. Also, there's no any reversal pattern, so the market is likely going to test the next resistance area. If a pullback from this zone happens little later on, there'll be a moment for a bearish correction.

jZxIqJv.png

We've got a bearish "Shooting Star" right under the upper "Window". In this case, there's an opportunity to have a local correction towards the nearest support, which could be a departure point for another bullish price movement.

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AUD/USD Daily Analytics
06:30 08.03.2018
Technical levels: support – 0.7760; resistance – 0.7840

Trade recommendations:

Sell — 0.7820; SL — 0.7840; TP1 — 0.7760; TP2 — 0.7700.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are inside a Cloud and there is a strong resistance of Senkou Span B.

1520490626-42a68b4bfa2f0515dfbaa054e9dba

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https://goo.gl/Yx5JVa

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USD/JPY Daily Analytics
06:32 08.03.2018
Technical levels: support – 105.80; resistance – 106.20.

Trade recommendations:

Sell — 105.70; SL — 105.90; TP1 — 105.00; TP2 — 104.50.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market is in consolidation near Tenkan-sen and Kijun-sen, but may continue downtrend.

1520490626-3dcc4d3b0e9d38341d309e86e7227

More:
https://goo.gl/JBKQBy

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EUR/JPY Daily Analytics
06:54 08.03.2018
Recommendation:

SELL 133.40 SL 133.95 TP1 132.40 TP2 131.30

SELL 134.20 SL 134.75 TP1 133.20 TP2 132.40 TP3 131.30

On the daily chart, EUR/JPY after reaching 113% target of the “Shark” made a natural pullback. Now it’s transforming into 5-0. Usually, correction towards 50% of the wave CD is used for selling.

1520491992-f351a0dc68f54dbfee93fbeb0ddda

On H1 of EUR/JPY, a break of resistance at 132 will trigger the “Shark” and increase the odds of the “Wolfe waves” pattern. The target of the later will allow finding a convergence area 134.15-134.3.

1520492006-94842f59ba6b44c6ce90b36ca6e3e

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https://goo.gl/caofvb

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USD/JPY Daily Aalytics
07:03 08.03.2018
Recommendations:

SELL 106.8 SL 107.35 TP1 105.8 TP2 105.35 TP3 103.00

SELL 105.35 SL 105.90 TP1 104.35 TP2 103.35 TP3 103.00

On the daily chart of USD/JPY, there’s a sustainable downtrend. As long as the pair is below 107.9-108.2, bears are in control. A break of support at 105.35 will increase the risks of decline to 161.8% target of AB=CD and convergence area of 102.8-103.2.

1520492435-a70f362e806b9396a6c825f007d7b

On H1, the inability of bulls to keep the pair above the upper border of the triangle and reach 78.6% of the Gartley pattern is a signal for selling.

1520492451-f127c492224a7d9492ce724815b42

More:
https://goo.gl/87jBJ7

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EUR/USD Daily Analytics
12:17 08.03.2018

1520511364-eb218bfd585eae5e826fb5410ef19

There's a bearish "High Wave", which has been confirmed. So, the market is likely going to test the 55 Moving Average, which could be a departure point for another upward price movement.

1520511364-df24a6148a2e0fbbf314f3f935571

The upper "Window" has acted as resistance, so the price is declining. The main intraday target is the 144 Moving Average. If a pullback from this line happens little later on, there'll be a moment for a bullish price movement.

More:
https://goo.gl/nJzqaK

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USD/JPY Daily Analytics
12:18 08.03.2018

1520511364-3d3beedd15da8ba30f9a6e39ed003

The 21 Moving Average is acting as resistance, but there's a "Morning Star" pattern, which has formed at the last low. So, we should keep an eye on the 55 MA, which could be a departure point for another decline.

1520511364-a12cb99ec61cde6db89c095a078d8

There's a bullish "Tower" pattern, so the price is likely going to continue moving up. The main intraday target is the upper "Window", which could act as resistance.

More:
https://goo.gl/tkziqc

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USD/JPY: BULLISH "TOWER" PATTERN
12:18 08.03.2018

More: https://goo.gl/aKFRP7

XQb60Bf.png

The 21 Moving Average is acting as resistance, but there's a "Morning Star" pattern, which has formed at the last low. So, we should keep an eye on the 55 MA, which could be a departure point for another decline.

x6SzGzD.png

There's a bullish "Tower" pattern, so the price is likely going to continue moving up. The main intraday target is the upper "Window", which could act as resistance.

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EUR/USD: BEARISH "HIGH WAVE"
12:17 08.03.2018

More:
https://goo.gl/pho6UJ

vBvx9jK.png

There's a bearish "High Wave", which has been confirmed. So, the market is likely going to test the 55 Moving Average, which could be a departure point for another upward price movement.

zf724wb.png

The upper "Window" has acted as resistance, so the price is declining. The main intraday target is the 144 Moving Average. If a pullback from this line happens little later on, there'll be a moment for a bullish price movement.

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EUR/USD Daily Analytics
07:21 09.03.2018
Recommendation:

SELL 1.2295

SL 1.2350

TP1 1.2185 TP2 1.2090 TP3 1.1965

On the daily chart of EUR/USD, there’s a “Widening wedge” pattern. The inability of bulls to return the pair inside the uptrend channel pointed at their weakness and increase the risks of correction towards convergence area of 1.2055-1.2090 and 1.1935-1.1965.

1520579929-8afba167b3e7c15d0d5d28d0f3c7b

On H1, EUR/USD keeps forming a “Widening wedge”. Pullbacks towards 61.8% and 50% of the wave 4-5 allowed to form short positions. To develop correction in that direction, at least to 88.6% target of the “Shark” pattern, the pair needs to break below support at 1.2295.

1520579963-144c086f9efd0dd7367f2818eb875

More;
https://goo.gl/SyWu25

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EUR/GBP Daily Analytics
07:49 09.03.2018
Recommendation:

SELL 0.8885

SL 0.894

TP1 0.8825 TP2 0.8795 TP3 0.8745

On the daily chart, EUR/GBP keeps consolidating within “Spike and ledge” on the basis of 1-2-3. Bulls tried to break to its upper border near 0.9015 but were then pulled off to the starting positions. Currently, the pair is fighting for an important level of 38.2% of the bullish medium-term wave.

1520581688-417345de55a64ddb2ac40cbb38293

On H1, EUR/GBP bears got a chance to form the reversal pattern “Widening wedge”. If they use it, the risks of correction towards 50% and 61.8% of the last bullish wave and lower will increase.

1520581704-311438cdc50bb0f634d8ee27e47a0

More:
https://goo.gl/ZurGFV

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EUR/USD Daily Analytics
11:07 09.03.2018

1520593558-17d6c259b7d9e4c77c545a708663b

The main trend is still bullish, but there's a confirmed "Double Top" pattern, so the price is declining. The main intraday target is the nearest support at 1.2234 - 1.2205. If a pullback from these levels happens little later on, there'll be an opportunity to have another upward price movement.

1520593558-48daa14bbf7bd8ca27b68441aa254

All the Moving Averages have been broken, so the price is consolidating. It's likely that the pair is going to test the nearest resistance at 1.2327, which could be a departure point for another decline.

More:
https://goo.gl/MnXQJx

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GBP/USD Daily Analytics
11:08 09.03.2018

1520593558-cf0d8fde9b38fafd3025e0c5a6d8a

Moving Averages have acted as resistance, so there's a "Double Top" pattern. Therefore, the market is likely going to test the next support at 1.3763 - 1.3711 in the short term. If a pullback from this area happens little later on, there'll be a moment for a bullish correction.

1520593558-782996e71ee729a424378ab239771

Bears faced with support at 1.3816, so there's a "Double Bottom" pattern, which has been confirmed. In this case, the pair is likely going to test the nearest Moving Averages, which could act as resistance. If so, we should keep an eye on the closest support at 1.3780 - 1.3754 as the next bearish target.

More:
https://goo.gl/hj9MTz

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EUR/USD Daily Analytics
02:40 12.03.2018

El EUR/USD está teniendo una oleada vendedora que le está ayudando a consolidar la acción del precio por debajo de la media móvil de 200 horas. La resistencia de 1.2446 ha ayudado a producir un pullback en este par, que ahora está oscilando alrededor de una zona de demanda entre los niveles Fibonacci de 50% y 65% en 1.2300 y 1.2256 respectivamente.

En caso de que observemos un rebote sobre esa zona, es posible que el par vaya a ponerse en ruta hacia el nivel Fibonacci de -23.6% en 1.2515, en donde podríamos ver las liquidaciones de las órdenes de compra activadas tras haber impactado dicha área de demanda. El RSI se mantiene en territorio negativo, favoreciendo a los osos en el corto plazo.

1520822392-8cea81eac604ba2c5f20d1e18ae1b

More:
https://goo.gl/7829bA

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GBP/JPY Daily Analytics
02:41 12.03.2018
El GBP/JPY se está recuperando desde el 2 de Marzo en un intento por continuar con el sesgo bajista general. El nivel Fibonacci de 65% en 148.24 continúa brindando una fuerte resistencia en el corto plazo y es posible que veamos una retoma del sesgo bajista para ir hacia el nivel Fibonacci de -23.6% en 143.80.

No obstante, los altos del 9 de Marzo podrían ser fracturados para que el par vuelva a tocar los altos del 26 de Febrero en 150.00, el cual es una fuerte barrera psicológica que podría frenar la avanzada en el GBP/JPY. El RSI se mantiene en territorio positivo, al igual que el MACD, por lo que no se descarta otra extensión alcista.

1520822462-19a971bfa48355f7f729efa1344d2

More:
https://goo.gl/35JYZr

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BTC/USD Daily Analytics
02:42 12.03.2018
During the weekend we were able to observe something important for the Bitcoin price action: support. The outlook seemed to be in favor of the bears in the short term, but during the day of March 11, the BTC/USD pair has encountered a strong barrier of buying contention that is causing the Fibonacci level of 65% in 7856 keep intact.

According to the H1 chart, the Parabolic SAR is in favor of the bulls and now we are seeing that the price could break above the Fibonacci level of 38.2% in 9407. If this is achieved, the cryptocurrency could go towards the 11339 resistance; zone that caused a weakening towards the psychological level of 8000.

What do we expect?

According to our forecasts in the short-term, the buy orders could remain active, since the volume is increasing and the MACD indicator is oscillating in positive territory. The next target would be the 200-hour moving average, which, if fractured, could allow gains to the key resistance of 11339. On the other hand, if the Bitcoin breaks below 7856, the pair could fall to the level Fibonacci of 78.6% in 7068.

1520822536-4d569cef72bb7acd467357c14ba15

More:
https://goo.gl/WyQxeP

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