riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 EUR/USD Daily Analytics 09:34 28.03.2018 There's a 'Double Top' pattern, so the price is declining. In this case, the market is likely going to test the Moving Averages, which could be a departure point for another upward price movement. The price is testing the 55 Moving Average. Considering the last 'Pennant' pattern, the pair is likely going to test the nearest support area at 1.2348 - 1.2331. If a pullback from this area happens little later on, there'll be a moment for a bullish price movement in the direction of the next resistance at 1.2445 - 1.2476. More:https://goo.gl/R68fyn Link to comment Share on other sites More sharing options...
riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 GBP/USD Daily Analytics 09:36 28.03.2018 The main trend is still bullish, but there's a 'Double Top' pattern. In this case, we should keep on track the nearest support at 1.4027. If a pullback from this area happens little later on, there'll be a moment for an upward price movement towards another resistance at 1.4217 - 1.4277. There's a 'V-Top' pattern, so the price is likely going to test the closest support at 1.4075 - 1.4064. If we see a pullback from these levels, bulls will probably try to reach the next resistance area at 1.4217 - 1.4243. More:https://goo.gl/dni19A Link to comment Share on other sites More sharing options...
riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 EUR/USD Daily Analytics 14:29 28.03.2018 The last bullish 'Harami' hasn't been confirmed because all the last candles are bearish. So, the market is likely going to test the Moving Averages, which could be a departure point for another upward price movement. There's a bullish 'Hammer', which has been formed on the 55 Moving Average. However, confirmation of this pattern is quite weak. So, after a short break, bears are likely going to test the 144 Moving Average. More:https://goo.gl/ceZeLC Link to comment Share on other sites More sharing options...
riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 USD/JPY Daily Analytics 14:33 28.03.2018 The price has been rising since a 'High Wave' pattern formed at the last low. However, if the 89 Moving Average acts as resistance, there'll be a moment for another decline. The last 'Harami' pattern led to the current upward price movement. If any reversal pattern forms in the coming hours, there'll be an opportunity to have a bearish correction. Nevertheless, the pair is likely going to test the upper 'Window' afterwards. More:https://goo.gl/mVReWY Link to comment Share on other sites More sharing options...
riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 GOLD (XAU/USD) ENDING A POSSIBLE CORRECTIVE MOVE 18:40 28.03.2018 More:https://goo.gl/ETGQ4Z Gold has been trading in a bearish tone below the 50 SMA at H1 chart following the US GDP data release during March 28th session. Currently, we’re seeing a corrective move to take place in favor of the overall bullish structure and if the XAU/USD pair touches the 65% Fibonacci level at 1324, it could gather momentum to resume the bullish bias towards the -23.6% Fibonacci area at 1368. RSI indicator is in the oversold territory, calling for an imminent rebound. Link to comment Share on other sites More sharing options...
riki143 Posted March 28, 2018 Author Report Share Posted March 28, 2018 BITCOIN (BTC/USD): STRONG BIDS PLACED AROUND 7,586 18:36 28.03.2018 More:https://goo.gl/Frr8zd Bitcoin continues to find support above the 7586 level, where buyers are actively concentrated and trying to resume the upward bias in the short term. Currently, there is a slight consolidation below the 50-hour moving average, which suggests that the current formation is that of a bearish pattern. In Denmark, Danske Bank has announced that it will prohibit the trading of cryptocurrencies on its platforms, although they will still allow credit card transactions to customers in general. In addition, a regulated entity of the United States has sent a reminder to its members to report all activities that concern cryptocurrency. The Parabolic SAR continues in favor of the bulls, although we are observing that this indicator is showing signs of weakness for the short term. The resistance of 8041 continues being an important barrier to face, reason why the rupture of the level of 7586 will be key to determine the following way of the BTC. What do we expect? According to our forecasts in the short-term, the BTC/USD pair aims to enter a consolidation stage above 7586, so that buyers could help push upwards towards the 200-hour moving average as the first objective. However, if such support comes to cede, the Bitcoin could rush to the level of 7068. Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 EUR/USD Daily Analytics 06:52 30.03.2018 Technical levels: support – 1.2300; resistance – 1.2380. Trade recommendations: Buy — 1.2310/20; SL — 1.2290; TP1 — 1.2380; TP2 — 1.2420 Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen; the market had corrected to the Cloud and keep staying on its support. More:https://goo.gl/w3Hbmj Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 GBP/USD Daily analytics 06:53 30.03.2018 Technical levels: support – 1.3990; resistance – 1.4090. Trade recommendations: Buy — 1.3990; SL — 1.3970; TP1 — 1.4155; TP2 — 1.4225. Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a correctional dead cross of Tenkan-sen and Kijun-sen; the prices entered inside a Cloud and can test the support of Senkou Span B. More:https://goo.gl/qp1UJy Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 EUR/USD Daily analytics 07:28 30.03.2018 Recommendation: SELL 1.2245 SL 1.2300 TP1 1.2095 TP2 1.2050 TP3 1.1965 On the daily chart, EUR/USD may form a unique chart pattern: a wedge inside a wedge. Point 5 of the junior pattern “Widening wedge” corresponds to 23.6% of the senior pattern’s wave 4-5. This creates a powerful entry point on the break of support at 1.2245-1.2250. On H1 of EUR/USD, there’s a combination of “Spike and ledge” and “Widening wedge”. A break of the lower border of the consolidation range 1.2245-1.2445 will increase the possibility of a “Gartley” pattern. More:https://goo.gl/izURB3 Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 EUR/GBP Daily Analytics 08:07 30.03.2018 Recommendation: SELL 0.882 SL 0.8875 TP1 0.8735 TP2 0.867 TP3 0.845 SELL 0.8855 SL 0.891 TP1 0.8755 TP2 0.867 TP3 0.845 On the daily chart, EUR/GBP keeps medium-term consolidation in the 0.8700-0.9015 range in line with the “Spike and ledge” pattern. A break of its lower border will create grounds for the decline to 200% of AB=CD. On H1, the “Shark” pattern is transforming into 5-0 after the pair reached 88.6% target of the former. Pullbacks towards 50% and 61.8% of the wave CD are usually used for selling. More:https://goo.gl/1i6JQK Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 EUR/USD Daily Analytics 09:44 30.03.2018 There's a 'V-Bottom' pattern, so the price is testing the 89 Moving Average. If this line turns out to be broken, we should keep an eye on the nearest resistance at 1.2359 - 1.2372 as an intraday target. A pullback from this area could be a departure point for another decline towards the next support at 1.2272 - 1.2250. The price has been rising since a 'Double Bottom' formed at the last low. It's likely that the pair is going to test the closest resistance at 1.2359 - 1.2372 in the coming hours. Meanwhile, if a pullback from these levels happens little later on, there'll be an opportunity to have a decline in the direction of another support at 1.2285 - 1.2272. More:https://goo.gl/qUgmt2 Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 GBP/USD Daily analytics 09:46 30.03.2018 There's a 'V-Bottom', which has been formed on the 55 Moving Average. The main intraday target is the nearest resistance at 1.4144, which could be a departure point for a downward price movement towards the closest support 1.3982 - 1.3928. We've got a 'Triple Bottom' pattern, so the market is likely going to reach the nearest resistance at 1.4133. If a pullback from this level forms afterwards, bears will probably try to achieve the next support at 1.4027 - 1.3982. More:https://goo.gl/GfQwZY Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 EUR/USD Daily analytics 12:11 30.03.2018 There's an 'Inverted Hammer', which has been confirmed. So, the market is likely going to test the nearest resistance area, which could be a departure point for another decline. The lower 'Window' acted as support, so there's a developing upward correction. Also, we've got a bullish 'Three Methods' pattern, so the pair is likely going to reach the closest resistance area in the coming hours. More:https://goo.gl/DiV7gp Link to comment Share on other sites More sharing options...
riki143 Posted March 30, 2018 Author Report Share Posted March 30, 2018 USD/JPY Daily analytics 12:14 30.03.2018 The last 'Evening Star' and 'High Wave' patterns led to the current decline. The main bearish target is the 34 Moving Average, which could be a starting point for another upward price movement. There's a bearish 'Three Methods' pattern, but the price faced with support on the Moving Averages. In this case, we could have a local correction in the short term. Nevertheless, there's an opportunity to have another decline afterwards. More:https://goo.gl/jqS15C Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 USD/JPY Daily Analytics 06:59 02.04.2018 Technical levels: support – 106.15; resistance – 106.70, 107.00. Trade recommendations: Buy — 106.30/40; SL — 106.10; TP1 — 107.00; TP2 — 107.50. Reason: bullish Ichimoku Cloud, but there is a falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun; the market had returned to the Cloud but supported by Senkou Span B. More:https://tinyurl.com/ybd2mql4 Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 AUD/USD Daily Analytics 06:55 02.04.2018 Technical levels: support – 0.7610, 0.7670; resistance – 0.7690 Trade recommendations: Sell — 0.7660; SL — 0.7680; TP1 — 0.7610; TP2 — 0.7580. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the prices are corrected to Kijun’s support and now may continue the existing downtrend bounced from the lines. More:https://tinyurl.com/y7be2vp9 Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 NZD/USD Daily analytics 07:10 02.04.2018 Recommendation: BUY 0.7275 SL 0.7220 TP1 0.7375 TP2 0.7395 TP3 0.7475 SELL 0.7170 SL 0.7225 TP1 0.7075 TP2 0.6965 TP3 0.6780 On the daily chart of NZD/USD, the fourth attempt of bears to conquer support at 0.7185 was a failure. As a result, bulls got a chance to counterattack. The first thing for that is to get the pair out of the downtrend channel. On H1, NZD/USD formed a “Widening wedge”. A break of resistance at 0.7270-0.7275 will open the pair way to the upside. On the other hand, to continue the declines bears need to pull the pair below 0.7170. More:https://tinyurl.com/yc7qkrgn Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 AUD/USD Daily Analyics 07:21 02.04.2018 Recommendations: BUY 0.7715 SL 0.766 TP1 0.7815 TP2 0.789 TP3 0.7985 SELL 0.7635 SL 0.7690 TP1 0.7570 TP2 0.7535 TP3 0.7500 On the daily chart, AUD/USD pulled back after reaching 127.2% target of AB=CD. The pair formed a pin bar. If it’s fulfillment is followed by the successful test of support at 0.7635-0.7640 will increase the risks of decline. On H1, AUD/USD formed “Wolfe waves” pattern. To trigger it, bulls need to overcome resistance at 0.7707-0.7715. On the other hand, decline to March low will open the way down. More:https://tinyurl.com/yc8qznpj Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 EUR/USD Daily Analytics 10:00 02.04.2018 There's a bullish 'V-Bottom', so the price is consolidating. It's likely that the market is going to test the next resistance at 1.2359 - 1.2372 in the short term. If a pullback from this area forms little later on, there'll be an opportunity to have a decline towards the nearest support at 1.2285 - 1.2272. The price is consolidating under the Moving Averages. However, there's a bullish 'Flag' pattern, so the pair is likely going to reach the closest resistance at 1.2395 - 1.2372 in the coming hours. A pullback from these levels could be a starting point for another bearish price movement. More:https://tinyurl.com/y8njokmf Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Report Share Posted April 2, 2018 GBP/USD Daily Analytics 10:03 02.04.2018 The main trend is still bullish. Also, there's a 'Double Bottom' pattern, which has been formed between the Moving Averages. In this case, the market is likely going to test the next resistance at 1.4144, which could be a departure point for another decline. We've got a confirmed 'Double Bottom', so the pair is likely going to achieve the nearest resistance at 1.4095 - 1.4133 soon. Meanwhile, if a pullback from this area happens afterwards, there'll be a moment to have a decline in the direction of the closest support at 1.4027 - 1.3982. More:https://tinyurl.com/y9ffoukz Link to comment Share on other sites More sharing options...
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