riki143 Posted April 2, 2018 Author Share Posted April 2, 2018 GOLD 13:58 02.04.2018 Gold managed to rise today after three days of a significant plunge. In the late Sunday evening, China announced charges on 128 US goods in retaliation to US steel and aluminum tariffs. Charges are in force since today. Trade wars’ tensions increased so the US dollar has continued to weaken giving a green light to gold. However, gold is suffering from the volatility since the end of January. So does it have real reasons to rise further? According to Goldman Sachs’s analysts, gold has chances to outperform in the next months. There will be two supportive factors for bullion. They are an inflation’s increase and a high risk of stock market’s correction. It may seem counterintuitive but interest rate hike may be a supportive factor for the gold market. Despite the fact, that rate’s hikes should help to lift the US dollar, Goldman Sachs has another opinion. As the company considered empirical data, gold has surged after rate hikes four from six times. The Fed is anticipated to raise the interest rate at least two times this year. The unstable trade environment is supposed to bring uncertainty to U.S. equity markets which could drive money into safe haven assets like gold and the Japanese yen. Although there were talks about US-China negotiations in regard to trade wars, in fact, we see an escalation of the trade conflict. According to Commerzbank, gold represents not only as a safe haven but as a crisis currency too. Nowadays, there is a big conflict between Russia and the West that exploded because of the poison attack on a former Russian spy. Until the conflict escalates, gold gets points to rise. As we can see, gold has chances to gain a foothold and move further as the uncertain environment is highly supporting it. However, investors will pay high attention to US data this week. ISM non-manufacturing PMI (April 4, 17:00 MT time), average hourly earnings, non-farm payrolls, unemployment rate (April 6, 15:30). If data is encouraging, the US dollar will appreciate, that can slow down the rise of yellow metal. Now gold is trading near 1,339 an ounce. The resistance lies at 1,341.50. If gold is able to break it, more likely that the Goldman Sachs’s forecast will become a reality. More:https://tinyurl.com/y7355ft3 Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Share Posted April 2, 2018 EUR/USD Dayli analytics 14:17 02.04.2018 There's a bullish 'Inverted Hammer', which has been confirmed by the last 'Three Methods'. In this case, the pair 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 the price is rising. Also, there're two 'Three Methods' models in a row, so the market is likely going to move up until any bearish pattern forms. More:https://tinyurl.com/yc8ndafz Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Share Posted April 2, 2018 USD/JPY Daily Analytics/B] 14:20 02.04.2018 There's a bullish 'Doji', so the pair is likely going to test the nearest resistance. Meanwhile, bears are likely going to test the Moving Averages afterwards. However, if a pullback from this lines happens, there'll be a moment for another upward price movement .The 34 Moving Average is acting as support, so there's a pretty rare 'Dragon Doji' pattern. Nevertheless, if a pullback from the next resistance area happens in the coming hours, we could have a decline in the direction of the 89 Moving Average. More:https://tinyurl.com/y6v32tbh Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Share Posted April 2, 2018 EUR/USD ANALYSIS: INSIDE AN ACTIVE DEMAND ZONE 18:09 01.04.2018 More:https://goo.gl/w8QjsM https://www.youtube.com/watch?v=cnTfbaGtZPQ The pair is currently trading inside a strong demand zone that could allow more gains in the short-term. Don't miss the next video! Link to comment Share on other sites More sharing options...
riki143 Posted April 2, 2018 Author Share Posted April 2, 2018 EUR/USD: BULLISH 'INVERTED HAMMER' 14:17 02.04.2018 More:https://goo.gl/GN9zGi There's a bullish 'Inverted Hammer', which has been confirmed by the last 'Three Methods'. In this case, the pair 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 the price is rising. Also, there're two 'Three Methods' models in a row, so the market is likely going to move up until any bearish pattern forms. Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 EUR/USD Daily Analyics 06:40 03.04.2018 Technical levels: support – 1.2300; resistance – 1.2320, 1.2380. Trade recommendations: Buy — 1.2310/20; SL — 1.2290; TP1 — 1.2380; TP2 — 1.2420 Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the market still staying on the support of the Cloud. More:https://tinyurl.com/y7mfn6yp Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 GBP/USD Daily Analytics 06:42 03.04.2018 Technical levels: support – 1.4040; resistance – 1.4140. Trade recommendations: Buy — 1.4060; SL — 1.4040; TP1 — 1.4140; TP2 — 1.4170. Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a correctional dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are still inside a Cloud, but supported by Kijun-sen. More:https://tinyurl.com/yb9t2nfa Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 EUR/USD Daily Analyics 11:12 03.04.2018 There's a 'V-Bottom', so the price is testing the 89 Moving Average. The main intraday target is the next resistance at 1.2372 - 1.2387. If a pullback from this area happens little later on, there'll be a moment for another decline. The Moving Averages acted as resistance, so the market is likely going to test the nearest support at 1.2294 - 1.2285. A pullback from these levels could be a departure point for an upward price movement in the direction of the closest resistance at 1.2359 - 1.2372. More:https://tinyurl.com/y8tedv7t Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 GBP/USD Daily Analytics 11:14 03.04.2018 There's a 'Double Bottom', which has been formed between the Moving Averages. It's likely that the pair is going to test the nearest resistance at 1.4144 - 1.4199, which could be a starting point for a bearish price movement towards the next support at 1.3982. We've got a confirmed 'Triple Bottom', so bulls are likely going to test the nearest resistance at 106.63 - 107.00 in the short term. Meanwhile, if a pullback from these levels happens little later on, there'll be a moment for a decline. More:https://tinyurl.com/y8co9r9a Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 EUR/USD Daily analyics 14:28 03.04.2018 The 34 & 55 Moving Averages acted as resistance, so there's a bearish 'Shooting Star' pattern. Also, there's a bearish 'Three Methods', so the market is likely going to continue falling down in the short term. There's a 'Shooting Star' pattern, which has been formed on the 144 Moving Average. In this case, we should keep an eye on the lower 'Window' as a possible intraday target More:https://tinyurl.com/ycup577d Link to comment Share on other sites More sharing options...
riki143 Posted April 3, 2018 Author Share Posted April 3, 2018 USD/JPY Daily Analytics 14:33 03.04.2018 We've got a bullish 'Hammer', which has been confirmed. Also, there's no any reversal pattern so far, which means the price is going to continue rising in the direction of the 144 Moving Average. The last bullish 'Harami' led to the current upward price movement. Meanwhile, if a pullback from the nearest resistance happens little later on, there'll be an opportunity to have a local correction. More:https://tinyurl.com/ycup577d Link to comment Share on other sites More sharing options...
riki143 Posted April 4, 2018 Author Share Posted April 4, 2018 AUD/USD Daily Analytics 06:25 04.04.2018 Technical levels: support – 0.7610, 0.7690; resistance – 0.7730 Trade recommendations: Sell — 0.7730; SL — 0.7750; TP1 — 0.7610; TP2 — 0.7580. Sell — 0.7680; SL — 0.7710; TP1 — 0.7610; TP2 — 0.7580. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are had entered into the cloudy area. More:https://tinyurl.com/y7nc9hs3 Link to comment Share on other sites More sharing options...
riki143 Posted April 4, 2018 Author Share Posted April 4, 2018 USD/JPY Daily Analytics 06:27 04.04.2018 Technical levels: support – 106.30; resistance – 106.70, 107.30. Trade recommendations: Sell — 107.30; SL — 107.50; TP1 — 106.30; TP2 — 106.00. Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market had returned into the positive area, but there is a strong resistance on 107.30. More:https://tinyurl.com/y95syw4k Link to comment Share on other sites More sharing options...
riki143 Posted April 4, 2018 Author Share Posted April 4, 2018 USD/CAD Daily Analytics 06:54 04.04.2018 Recommendation: SELL 1.2770 SL 1.2825 TP1 1.2690 TP2 1.2570 On the daily chart of USD/CAD, after a short consolidation in the 1.2810-1.2950 range bulls manage to pull the pair above its lower border and trigger the “Shark” pattern with a target at 88.6%. The necessary condition for the further decline is the fall below support at 1.2685-1.2715. On H1, a break of support at 1.2815 with its following retest triggered the “Spike and ledge”, “Shark” and AB=CD. The targets of the last two at 113% and 224% are at 1.2570 and 1.2690. More:https://tinyurl.com/y7547xvd Link to comment Share on other sites More sharing options...
riki143 Posted April 4, 2018 Author Share Posted April 4, 2018 GBP/USD Daily Analytics 09:22 04.04.2018 Recommendations: BUY 1.4195 SL 1.414 TP1 1.4295 TP2 1.443 TP3 1.4515 On the daily chart of GBP/USD, a correction within the “Shark” pattern’s transformation to 5-0 ended at the level of 38.2% from the CD wave. To resume the uptrend bulls should break the resistance at 1.4122. As a result, odds of 113% and 127.2% targets of “Shark” and “AB=CD” patterns will increase. On H1, after the pair reached the first target of the “Wolfe waves” pattern a natural pullback happened. To continue the rally, bulls should break the resistance at 1.4195. More:https://tinyurl.com/yd6xlxrw Link to comment Share on other sites More sharing options...
riki143 Posted April 4, 2018 Author Share Posted April 4, 2018 XAU/USD Daily Analytics 09:25 04.04.2018 Recommendations: BUY 1345 SL 1330 TP1 1374 TP2 1394 On the daily chart of XAU/USD, bears are trying to form the “Shakeout-Fakeout” pattern as the pair could not break the upper boundary of 1302-1340 consolidation. To implement it the pair has to break the support at 1321. Vice versa, the hit of resistances at 1340 and 1345 will let bulls to hope on the continuation of the rally to 113% and 127.2% targets of “Shark” and “AB=CD” patterns. On H1, the implementation of the “Butterfly” pattern will increase risks of the sharp decline. To resume the uptrend bulls should break the resistance at 1345. More:https://tinyurl.com/y9h5vfca Link to comment Share on other sites More sharing options...
riki143 Posted April 5, 2018 Author Share Posted April 5, 2018 EUR/JPY Daily Analytics 06:38 05.04.2018 Recommendation: BUY 131.80 SL 131.25 TP1 132.80 TP2 133.20 TP3 136.70 On H1, EUR/JPY is consolidating in the 129.15-132.15 range within the “Spike and ledge” pattern. A break of its upper border will increase the risks of a “Shark” pattern with a target at 88.6%. It corresponds to 136.7. On H1 of EUR/JPY, the inability of bears to return the pair inside the downtrend channel points at their weakness. A successful test of resistance at 131.8 will open the way up to targets of “Wolfe waves” and “Shark”. More:https://tinyurl.com/ybqz8r45 Link to comment Share on other sites More sharing options...
riki143 Posted April 5, 2018 Author Share Posted April 5, 2018 EUR/USD Daily Analytics 07:35 05.04.2018 Technical levels: support – 1.2150, 1.2250; resistance – 1.2300. Trade recommendations: Sell — 1.2240; SL — 1.2260; TP1 — 1.2180; TP2 — 1.2150 Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen and Kijun-sen; the market returned to 3-W lows again. More:https://tinyurl.com/yaent5uk Link to comment Share on other sites More sharing options...
riki143 Posted April 5, 2018 Author Share Posted April 5, 2018 GBP/USD Daily Analytics 07:37 05.04.2018 Technical levels: support – 1.4040/50; resistance – 1.4140. Trade recommendations: Buy — 1.4060; SL — 1.4040; TP1 — 1.4140; TP2 — 1.4170. Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen. More:https://tinyurl.com/yavxxubh Link to comment Share on other sites More sharing options...
riki143 Posted April 5, 2018 Author Share Posted April 5, 2018 USD/CHF Daily Analytics 07:45 05.04.2018 Recommendations: BUY 0.958 SL 0.9525 TP1 0.968 TP2 0.974 TP3 0.979 On the daily chart of USD/CHF, bulls managed to push the pair out of the long-term downtrend channel and implement the “AB=CD” pattern with the 224% target. To continue the rally, the pair should break the resistance at 0.9811. On H1, the “Spike and reversal with acceleration” pattern is implemented. The bullish trend will continue until the pair falls below the bottom boundary of the uptrend. Pullbacks to supports at 0.958 and 0.9555 may be used for long positions. More:https://tinyurl.com/ya5x4qac Link to comment Share on other sites More sharing options...
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