riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 USD/JPY Daily Analytics 01:11 22.03.2018 There're bearish patterns such a "High Wave" and a "Shooting Star". In this case, the pair is likely going to decline towards the last low in the short term. We've got a bullish "Harami", so there's an opportunity to have a local upward correction. Nevertheless, the market is likely going to continue declining afterwards. More:https://goo.gl/xmrYBo Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 EUR/JPY Daily Analytics 06:44 22.03.2018 Recommendation: SELL 129.60 SL 130.05 TP1 128.60 TP2 127.60 TP3 126.00 BUY 132.15 SL 131.6 TP1 133.15 TP2 134.45 TP3 136.70 On the daily chart of EUR/JPY, a break of resistance at 132.25-132.50 will trigger the “Bat” pattern with a target at 88.6%. On the other hand, a slide to March minimum will allow bears to resume the decline towards 200% target of AB=CD. On H1, a “Shark” is transforming into 5-0. A successful test of support at 129.60 will increase the risks of a further selloff. On the other hand, advance above resistance at 132.15 will create grounds for correction. More:https://goo.gl/eZ5YKx Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 USD/JPY Daily Analytics 07:06 22.03.2018 Recommendation: SELL 105.35 SL 105.90 TP1 104.35 TP2 103.35 TP3 102.80 On the daily chart, the inability of bulls USD/JPY to bring the pair outside of the downtrend channel and keep them above 106.50 points at their weakness. To continue the decline towards 161.8% target of AB=CD, bears need a confident test of support at 105.35. On H1, the transformation of the “Shark” into 5-0 allowed forming short positions. Triggering of AB=CD will allow bears to continue the decline towards 161.8%. More:https://goo.gl/u8nRXn Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 EUR/USD Daily Analytics 07:45 22.03.2018 Technical levels: support – 1.2300, 1.2350; resistance – 1.2400. Trade recommendations: Buy — 1.2360; SL — 1.2340; TP1 — 1.2400; TP2 — 1.2450 Reason: expanding bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with the rising lines; the market are returned into the positive area. More:https://goo.gl/dk5BWK Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 GBP/USD Daily Analytics 07:46 22.03.2018 Technical levels: support – 1.4140; resistance – 1.4200, 1.4250. Trade recommendations: Sell — 1.4200; SL — 1.4220; TP1 — 1.4140; TP2 — 1.4080. Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the market was supported by Kijun-sen, but now is overbought and it’s under strong resistance. More:https://goo.gl/YE7dyJ Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 GBP/USD: POUND IS NEAR MAIN RESISTANCE 07:46 22.03.2018 Technical levels: support – 1.4140; resistance – 1.4200, 1.4250. More: https://goo.gl/EtTejx Trade recommendations: Sell — 1.4200; SL — 1.4220; TP1 — 1.4140; TP2 — 1.4080. Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the market was supported by Kijun-sen, but now is overbought and it’s under strong resistance. Link to comment Share on other sites More sharing options...
riki143 Posted March 22, 2018 Author Report Share Posted March 22, 2018 EUR/USD: THE BULLS RETURNING TO MARKET 07:45 22.03.2018 Technical levels: support – 1.2300, 1.2350; resistance – 1.2400. More: https://goo.gl/sbC3dA Trade recommendations: Buy — 1.2360; SL — 1.2340; TP1 — 1.2400; TP2 — 1.2450 Reason: expanding bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with the rising lines; the market are returned into the positive area. Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 EUR/USD Daily Analytics 01:09 23.03.2018 The main trend is still bullish. It's likely that the pair is going to test the closest support at 1.2289 - 1.2259, which could be a departure point for another upward price movement. The price has been declining since a "V-Top" pattern formed. The main intraday target is the nearest trend line. If a pullback from this level happens, there'll be an opportunity to have a bullish price movement towards the next resistance at 1.2358 - 1.2387. More:https://goo.gl/HxfbtM Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 GBP/USD Daily Analytics 01:10 23.03.2018 There's a "Thorn" pattern, so the market is going to test the closest support at 1.4069 - 1.4027. If a pullback from these area happens little later on, there'll be an opportunity to have a bullish price movement. The last "Thorn" pattern led to the current decline. The main target is the 89 Moving Average, which could be a starting point for another bullish rally. More:https://goo.gl/NXPm5P Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 EUR/USD Daily Analytics 07:20 23.03.2018 Recommendation: SELL 1.2245 SL 1.23 TP1 1.2145 TP2 1.208 TP3 1.1965 BUY 1.2415 SL 1.236 TP1 1.2515 TP2 1.2615 TP3 1.2715 On the daily chart, EUR/USD is consolidating in the 1.2245-1.2415 range. A break below the lower border of the range will allow bears to pull the pair to 127.2% of the violet AB=CD. On the other hand, advance above resistance at 1.2415 will increase the odds of advance to 127.2% target of the green AB=CD. On H1, EUR/USD keeps forming the junior “Widening wedge”. More:https://goo.gl/2anrsm Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 AUD/USD Daily Analytics 07:52 23.03.2018 Technical levels: support – 0.7690; resistance – 0.7730, 0.7780 Trade recommendations: Sell — 0.7730; SL — 0.7750; TP1 — 0.7610; TP2 — 0.7580. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with the horizontal lines; the market had returned to negative area. More:https://goo.gl/nZXggD Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 USD/JPY Daily Analytics 07:55 23.03.2018 Technical levels: support – 104.30, 103.50; resistance – 105.20. Trade recommendations: Sell — 105.20; SL — 105.40; TP1 — 104.30; TP2 — 103.50. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; the falling lines Tenkan-sen and Kijun-sen; the market made a new lows since Nov 2016. More:https://goo.gl/5YLw3v Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 EUR/GBP Daily Analytics 07:55 23.03.2018 Recommendations: SELL 0.8785 SL 0.884 TP1 0.8695 TP2 0.8525 TP3 0.845 SELL 0.881 SL 0.8865 TP1 0.8695 TP2 0.8525 TP3 0.845 On the daily chart of EUR/GBP, there is a continuation of a medium-term consolidation in the range of 0.8695-0.9015 within the “Spike and ledge” pattern. The first break of its bottom line was unsuccessful, however, bears still hope and are ready to repeat the break after a small pullback. On H1, there is a transformation of the AB=CD pattern to 5-0. Usually, pullbacks in the direction to 38.2%, 50%, and 61.8% are used for a formation of short positions. More:https://goo.gl/NYorG3 Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 EUR/USD Daily Analytics 15:12 23.03.2018 There's an "Inverted Hammer", so the price is rising. It's likely that bulls are going to test the nearest resistance area in the coming hours. We've got a bullish "Harami", which has been confirmed enough. Also, there's a pullback from the Moving Averages, so the pair is likely going to continue moving up. More:https://goo.gl/nVHdDj Link to comment Share on other sites More sharing options...
riki143 Posted March 23, 2018 Author Report Share Posted March 23, 2018 USD/JPY Daily Analytics 15:14 23.03.2018 There's a bullish "High Wave", so we're likely going to have an upward correction soon. However, if a pullback from the Moving Averages happens little later on, there'll be an opportunity to have another decline. The last bullish "Hammer" has been confirmed, so the price is rising. It's likely that the market is going to test the Moving Averages, which could be a departure point for a decline. More:https://goo.gl/n3ej9s Link to comment Share on other sites More sharing options...
riki143 Posted March 26, 2018 Author Report Share Posted March 26, 2018 NZD/USD Daily Analytics 07:00 26.03.2018 Recommendation: BUY 0.7280 SL 0.7215 TP1 0.7335 TP2 0.7395 TP3 0.7475 On the daily chart of NZD/USD, the third attempt of bears to conquer an important support at 0.7185 failed. It points at the weakness of sellers. The necessary conditions for uptrend’s resumption are a successful test of resistance at 0.7265 and the pair’s exit from the short-term descending channel. On H1, a break of resistance at 0.7280 will increase the risks of “Head and shoulders” and “Shark” patterns. Target at 88.6% of the latter is near 0.7335. More:https://goo.gl/3N6wK8 Link to comment Share on other sites More sharing options...
riki143 Posted March 26, 2018 Author Report Share Posted March 26, 2018 AUD/USD Daily Analytics 07:16 26.03.2018 Recommendation: SELL 0.7825 SL 0.7890 TP1 0.7725 TP2 0.7650 On the daily chart of AUD/USD, there’s a desperate fighting for 0.7410-0.7460. Bulls are trying to return the pair inside the long-term uptrend, while bears want to return it to the medium-term downtrend. On H1, the “Shark” pattern is transforming into 5-0. Never the less, a break of resistance at 0.7795 will trigger a “Bat” with a target at 88.6%. Powers of bulls and bears near 0.7765-0.7865 are relatively equal. This increases the possibility of consolidation. More:https://goo.gl/GkRQFP Link to comment Share on other sites More sharing options...
riki143 Posted March 26, 2018 Author Report Share Posted March 26, 2018 EUR/USD Daily Analytics 08:07 26.03.2018 Technical levels: support – 1.2350; resistance – 1.2400. Trade recommendations: Buy — 1.2360; SL — 1.2340; TP1 — 1.2400; TP2 — 1.2450 Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are fixed in the positive area supporting by the Cloud. More:https://goo.gl/qPafj7 Link to comment Share on other sites More sharing options...
riki143 Posted March 26, 2018 Author Report Share Posted March 26, 2018 GBP/USD Daily Analytics 08:09 26.03.2018 Technical levels: support – 1.4150; resistance – 1.4200, 1.4250. Trade recommendations: Buy — 1.4170/80; SL — 1.4150; TP1 — 1.4250; TP2 — 1.4290. Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the market is going to local highs. More:https://goo.gl/N9Wa4z Link to comment Share on other sites More sharing options...
riki143 Posted March 26, 2018 Author Report Share Posted March 26, 2018 DIRECTION OF COMMODITY CURRENCIES. WESTPAC’S FORECASTS 09:46 26.03.2018 In the environment of trade wars, a lot of currencies are suffering. We can say that the most negative impact trade wars have on the Australian and the Canadian dollars. Both commodity currencies are suffering from volatility now. Let’s look at Westpac’s forecasts to determine if the loonie and the aussie have a possibility to strengthen. Note: Westpac is one of Australia's "big four" banks and the second largest bank in New Zealand. We will start with the Canadian dollar. According to the Westpac’s analyst, threats of trade wars and accommodative policy of the Bank of Canada are exaggerated. If we talk about the trade wars, risks of the US-Canada war have declined as the last one was excluded from Trump’s steel and aluminum tariffs. Moreover, there is a progress in NAFTA negotiations. What about the BOC policy? Expectations on the BOC’s tighter monetary policy declined, however, the central bank is still anticipated to increase interest rates for the first time to the middle of 2018 and second time to the end of the year. So market’s negative mood is supposed to slow down in the soon future. What about rates? Westpac supposes that the USD/CAD unlikely will get a strong support at 1.30-1.35. The Australian dollar. Ahead of the release of the interest rate, the AUD/USD pair traded at the three-month low. However, the aussie managed to strengthen after the Fed’s meeting as the rate hike could not support the greenback. The Australian dollar is still under the pressure because of trade wars that dramatically affect the currency. Furthermore, declining prices of basic commodity goods produced in Australia, have a negative impact on the Australian currency. However, Westpac’s analyst notices that new workplaces and a weakening dollar will be able to support the stability of the AUD/USD pair, so it will trade near 0.77. More:https://goo.gl/uXpazN Link to comment Share on other sites More sharing options...
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