riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 EUR/JPY: BULLS ARE PREPARING AN ATTACK 07:42 07.09.2017 Recommendation: BUY 130.65 S L 130.1 TP 131.65 TP2 133.8 On the daily chart, EUR/JPY entered the dead zone between the short-term downtrend and the long-term uptrend channels. To develop correction, bears need to form and reach targets of the “Widening wedge”. The presence of the inside bar creates a possibility for the short-term trades. On H1, EUR/JPY is consolidating in range as the “Shark” pattern is transforming into 5-0. Bulls managed to lead the pair outside the downtrend channel. To resume the uptrend, they need to overcome resistance at 130.65. More:https://fbs.com/analytics/articles/eur-jpy-bulls-are-preparing-an-attack-3544 Link to comment Share on other sites More sharing options...
riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 EUR/USD: POSSIBLE TRIANGLE PATTERN 09:07 07.09.2017 The price is still consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1909 - 1.1892. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.1975 - 1.2003. There's a possible triangle pattern. In this case, the market is likely going to get support on the 89 Moving Average. Meanwhile, if we see a pullback from this line, bulls will try to test another resistance at 1.1975 - 1.2003. More:https://fbs.com/analytics/articles/eur-usd-possible-triangle-pattern-3551 Link to comment Share on other sites More sharing options...
riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 GBP/USD: "V-TOP" PATTERN 09:10 07.09.2017 There's a "Thorn" pattern, which pushed the price to the nearest support at 1.3047 - 1.3032. However, bears are likely going to test the next support at 1.2994 - 1.2977 in the short term. If a pullback from these levels happens little later on, there'll be an option to have a bullish price movement towards the closest resistance at 1.3082 - 1.3096. Bulls faced with resistance at 1.3082, so there's a "V-Top" pattern. Therefore, the pair is likely going to decline towards the nearest support area at 1.2994 - 1.2977. At the same time, bulls will probably try to deliver a new local high afterwards. More:https://fbs.com/analytics/articles/gbp-usd-v-top-pattern-3553 Link to comment Share on other sites More sharing options...
riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 EUR/USD: DEVELOPING WAVE 4 09:41 07.09.2017 There's a developing wave 4, which is likely going to take the form of a zigzag. So, if a pullback from 4/8 MM Level happens, there'll be an opportunity to have a bearish impulse in wave [c]. The main target for wave 4 is 1/8 MM Level. It seems like we've got an ending diagonal pattern in wave (c) of . In this case, if we have a pullback from 4/8 MM Level, bears are likely going to test 1/8 MM Level, which could be a departure point for wave (i). More: https://fbs.com/analytics/articles/eur-usd-developing-wave-4-3559 Link to comment Share on other sites More sharing options...
riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 EUR/USD: BULLISH "THREE METHODS" 11:33 07.09.2017 We've got a bullish "Three Methods", which has been confirmed. So, the market is likely going to continue moving up towards the nearest resistance area. If any bearish pattern forms little later on, there'll be an opportunity to have a decline. The 34 Moving Average has acted as support, so the price is rising. The last "Window" has been broken. If a pullback from the achieved resistance happens, bears are likely going to deliver a local downward correction. More:https://fbs.com/analytics/articles/eur-usd-bullish-three-methods-3561 Link to comment Share on other sites More sharing options...
riki143 Posted September 7, 2017 Author Share Posted September 7, 2017 USD/JPY: PULLBACK FROM THE LOWER "WINDOW" 11:36 07.09.2017 There's a pullback from the lower "Window", but we've got a local bearish "Shooting Star", which has been confirmed. So, the market is likely going to test the lower "Window" once again in the short term. We've got a "Doji" and a "High Wave" on the 55 Moving Average. Considering of confirmation of both patterns, the pair is likely going to continue moving down towards the last low until any bullish pattern arrives. More:https://fbs.com/analytics/articles/usd-jpy-pullback-from-the-lower-window-3562 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 EUR/USD: BULLS NEED A REST 07:17 08.09.2017 Recommendation: SELL 1.2035 SL 1.209 TP 1.1935 On the daily chart, EUR/USD keeps forming “Spike and ledge with acceleration”. The trend’s angle is increasing the risks of correction. The inability of bulls to keep the pair above 1.2062 and 1.2156 (161.8% and 200% targets) points at their weakness. On H1, EUR/USD formed 2 convergence areas with the help of senior and junior AB=CD patterns. The fall of the pair below the low of the bar, which marked the previous minimum, will signal the start of bears’ counterattack. More:https://fbs.com/analytics/articles/eur-usd-bulls-need-a-rest-3578 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 EUR/GBP: BULLS ARE LIFTING THEIR HEADS 07:28 08.09.2017 Recommendation: BUY 0.9215 SL 0.916 TP 0.929 TP2 0.9355 TP3 0.942 On the daily chart, EUR/GBP keeps forming “Spike and reversal with acceleration”. Until the price falls below both trendlines, bulls will retain control of the situation. Their further movement up will increase the possibility of an advance towards 127,2%, 161.8%, 200% and 224% targets of AB=CD. On H1, a break above resistance at 0.9213 and the following triggering of the “Widening wedge” and the “Shark” patterns will increase the possibility of an advance to 0.9285-0.9290. More:https://fbs.com/analytics/articles/eur-gbp-bulls-are-lifting-their-heads-3580 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 EUR/USD: "DOUBLE TOP" PATTERN 08:29 08.09.2017 The 34 Moving Average has acted as support so the price is rising. However, bulls didn't fixate above the "Runaway Gap", so we could have a local downward correction. Nevertheless, the market is likely going to climb even higher, so we should keep an eye on the next resistance at 1.2080 - 1.2129 as an intraday target. We've got a "Double Top" pattern, which has been confirmed, so the price is likely going to achieve the closest support at 1.2022. If a pullback from this level happens, there'll be an opportunity to have an upward price movement towards another resistance at 1.2129. More:https://fbs.com/analytics/articles/eur-usd-double-top-pattern-3581 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 GBP/USD: BULLS FACED WITH RESISTANCE 08:31 08.09.2017 Bulls faced with resistance at 1.3164, so the market is likely going to decline towards the nearest support at 1.3119 - 1.3083. However, if a pullback from this area happens, we could have an upward price movement in the direction of the closest resistance at 1.3164 - 1.3190. There's a "Thorn" pattern, which pushed the pair to support at 1.3114. Meanwhile, the price is likely going to reach the next support at 1.3093 - 1.3083, which could be a departure point for a bullish price movement. In this case, we should keep in mind the nearest resistance at 1.3164 - 1.3190 as the next bullish target. More:https://fbs.com/analytics/articles/gbp-usd-bulls-faced-with-resistance-3582 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 EUR/USD: BULLS GOING TO TEST NEXT RESISTANCE 11:51 08.09.2017 The price is still rising, but we've got a bearish "High Wave" at the local high, so there's a local consolidation. However, bulls are likely going to test the next resistance in the short term. If a pullback from this level happens afterwards, there'll be an opportunity to have a bearish correction. We've got a "Shooting Star", but this pattern is unconfirmed, cause the last candles have been closed above the middle of the huge white candle. In this case, the market is likely going to continue moving up. More:https://fbs.com/analytics/articles/eur-usd-bulls-going-to-test-next-resistance-3586 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 USD/JPY: BEARISH "THREE METHODS" PATTERN 11:53 08.09.2017 Bears are still pushing the price lower, so we don't have any reversal pattern. Therefore, the pair is likely going to continue falling down towards the lower "Window". If any bullish pattern arrives later on, we could have an upward correction. We've got a bearish "Three Methods" pattern at the local low. Previously, a bearish "Engulfing" has been formed. So, the market is likely going to continue declining during the day. More:https://fbs.com/analytics/articles/usd-jpy-bearish-three-methods-pattern-3587 Link to comment Share on other sites More sharing options...
riki143 Posted September 8, 2017 Author Share Posted September 8, 2017 EUR/USD: 7/8 MM LEVEL ACTED AS RESISTANCE 12:38 08.09.2017 We've got a new high, so wave 5 may have been started. At the same time, wave 4 turned out to be a triangle pattern, so there's a bullish impulse in wave of 5. 7/8 MM Level acted as resistance, which means we could have a local bearish correction in the short term. Nevertheless, bulls are likely going to deliver wave [iii] of 5 afterwards. Wave (v) of has been ended on 8/8 MM Level, so it's time for a correction. The nearest target for wave [ii] is 6/8 MM Level, which could be a departure point for another bullish rally. More: https://fbs.com/analytics/articles/eur-usd-7-8-mm-level-acted-as-resistance-3594 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 EUR/USD FAVORED BY THE BULLISH PRICE ACTION 00:46 11.09.2017 EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1.20. Because of the rebound above such area and the 200 SMA at H1 chart, we’re expecting a bullish continuation towards the -23.6% Fibonacci retracement level at 1.2165. Corrective moves should be limited by the 38.2% Fibo zone. RSI indicator is still in the neutral territory, calling for a bullish consolidation before any significant move. More:https://fbs.com/analytics/articles/eur-usd-favored-by-the-bullish-price-action-3608 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 NZD/USD: BEARS FOUND A SHARK 07:03 11.09.2017 Recommendation: SELL 0.7225 SL 0.728 TP1 0.715 TP2 0.7105 On H1, the inability of the bulls to lead the pair outside of the descending channel and formation of the bar with the long upper wick points at buyers’ weakness. Realization of the inverted 5-0 pattern is delayed. On H1, NZD/USD reached the targets if the “Widening wedge”, “Three Indians” and 1-2-3. If the pair renews correction low with the following decline below the lower border of an uptrend channel, risks of reaching 88.6% target of a Shark pattern will increase. More:https://fbs.com/analytics/articles/nzd-usd-bears-found-a-shark-3614 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 AUD/USD: BEARS LEFT THEIR LAIR 07:21 11.09.2017 Recommendation: SELL 0.8025 SL 0.808 TP1 0.794 TP2 0.789 On the daily chart, the inability of bulls to push the pair out of the uptrend channel and formation of the bar with a long upper wick points at their weakness. It strengthens the risks of correction at least to 0.7937-0.7954. On H1, AUD/USD reached the targets of “Widening wedge”, “3 Indians” and 1-2-3. The break of support at 0.8028 and the pair’s leaving the uptrend channel will increase the risks of the pair reaching 88.6% target of the Shark pattern. More:https://fbs.com/analytics/articles/aud-usd-bears-left-their-lair-3615 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 EUR/USD: EURO RETURNED TO 0.2000 07:41 11.09.2017 Technical levels: support – 1.2000, 1.1980; resistance – 1.2075. Trade recommendations: Buy — 1.1980; SL — 1.1960; TP1 — 1.2030; TP2 – 1.2075. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan and Kijun; the prices are on the support of Tenkan-sen and Kijun-sen. More:https://fbs.com/analytics/articles/eur-usd-euro-returned-to-0.2000-3618 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 AUD/USD: AUSSIE LOOKING FOR SUPPORT OF KIJUN 07:42 11.09.2017 Technical levels: support – 0.8030; resistance – 0.8080, 0.8120. Trade recommendations: Buy — 0.8030; SL — 0.8010; TP1 — 0.8080; TP3 — 0.8120. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is seeking the support on Kijun-sen for continue uptrend. More:https://fbs.com/analytics/articles/aud-usd-aussie-looking-for-support-of-kijun-3619 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 EUR/USD: "V-TOP" LED TO DECLINE 08:29 11.09.2017 We've got a "V-Top", so the price is declining. In this case, we should keep an eye on the nearest support at 1.1978 - 1.1949 as an intraday target. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.2129. The 34 Moving Average has acted as support, so the price is consolidating. Therefore, the market is likely going to test the 89 MA in the short term. However, if a pullback from this line happens, we could have another bullish rally towards the next resistance at 1.2080 - 1.2129. More:https://fbs.com/analytics/articles/eur-usd-v-top-led-to-decline-3620 Link to comment Share on other sites More sharing options...
riki143 Posted September 11, 2017 Author Share Posted September 11, 2017 GBP/USD: BULLISH "PENNANT" PATTERN 08:36 11.09.2017 Bulls faced with resistance at 1.3223, so the price tested the nearest support at 1.3164. In this case, the pair is likely going to rise in the direction of the next resistance at 1.3249 - 1.3265, which means we could have a new local high pretty soon. The price is consolidating between the levels 1.3223 - 1.3164. Also, there's a "Pennant" pattern, so the market is likely going to achieve the nearest resistance at 1.3249 - 1.3265 soon. If a pullback from these levels happens, we could have a decline towards the closest support at 1.3164 - 1.3149. More:https://fbs.com/analytics/articles/gbp-usd-bullish-pennant-pattern-3622 Link to comment Share on other sites More sharing options...
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