EUR/USD Daily Analytics
13:20 16.03.2018
There's a "Morning Star" pattern, which has been confirmed. Therefore, the 21 Moving Average is likely going to at as resistance, which could be a starting point for another decline.
The price has been declining since the last "Tweezers" pattern was...
GBP/USD Daily Analytics
12:58 16.03.2018
There's a bullish "Flag" pattern, so the pair is likely going to reach the next resistance at 1.3996 - 1.4069. However, if we have a pullback from these levels, there'll be a moment for a downward price movement towards the nearest support at 1.3928...
EUR/USD Daily Analytics
12:56 16.03.2018
The main trend is still bullish. The 89 Moving Average has acted as support, so there's a "V-Bottom" pattern. It's likely that the market is going to test the next resistance at 1.2346 - 1.2359 in the short term. If a pullback from these levels happens...
EUR/GBP Daily Analytics
09:45 16.03.2018
Recommendation:
SELL 0.8820
SL 0.8875
TP1 0.8745 TP2 0.8715
On the daily chart, EUR/GBP keeps consolidating in line with the “Spike and ledge” pattern on the basis of 1-2-3. The attempt of the bulls to hold at 0.8925 targeting 161.8% of the junior...
EUR/USD Daily Analytics
08:59 16.03.2018
Recommendation:
SELL 1.2250
SL 1.2305
TP1 1.2150 TP2 1.2080 TP3 1.1960
On the daily chart, EUR/USD keeps forming a «Widening wedge”. The inability of bulls to hold to 1.2307-1.2320 will point at their weakness and open the way down towards 127.2%...
USD/JPY Daily Analytics
07:38 15.03.2018
Recommendation:
SELL 106.4
SL 106.95
TP1 105.4 TP2 105 TP3 102.8
On the daily chart of USD/JPY, bears managed to keep the pair inside the downtrend channel. The downtrend is sustainable. The pair keeps declining towards 161.8% target of AB=CD.
On...
EUR/JPY Daily Analytics
07:33 15.03.2018
Recommendation:
SELL 130.90
SL 131.45
TP1 129.65 TP2 128.95
On the daily chart of EUR/JPY, the “Shark” pattern is transforming into 5-0. A pullback from resistance at 132.2-132.5 (38.2% of the wave CD) allowed to form short positions. If bears manage...
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The Fed’s interest rate decision and monetary policy statement will be published...
GBP/USD Daily analytics
06:33 14.03.2018
Recommendation:
BUY 1.4070 SL 1.4015 TP1 1.4170 TP2 1.4225 TP2 1.4240
BUY 1.3915 SL 1.3860 TP1 1.4015 TP2 1.4100 TP3 1.4225
On the daily chart, GBP/USD «bulls managed to lead the pair outside of the downtrend channel and trigger the “Bat”. Its 88.6%...
USD/CHF Daily Analytics
06:26 14.03.2018
Recommendation:
SELL 0.9415
SL 0.9470
TP1 0.932 TP2 0.926 TP3 0.9225
On the daily chart of USD/CHF, bulls tried twice to overcome resistance at 0.9475 and both times failed. It points at their weakness and increases the possibility of the pair’s...
USD/JPY Daily analytics
11:47 13.03.2018
The last bullish "Hammer" led to the current upward price movement. There's no any reversal pattern, so we should keep an eye on the 89 Moving Average, which could act as resistance. If so, there'll be time for a bearish correction.
There's no any...
EUR/USD Daily Analytics
11:45 13.03.2018
The market is consolidating along the Moving Averages. Also, there's a "Shooting Star" pattern, so the pair is likely going to test the nearest support, which could be a departure point for a bullish price moment in the direction of the next resistance...