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USD/JPY Daily Analytics 12:51 13.02.2018 The nearest "Window", which acted as support, has been broken. Considering that there's no any reversal pattern, the price is likely going to continue declining. The price has been declining since the last "Shooting Star" pattern arrived. If any...

EUR/USD Daily Analytics 12:47 13.02.2018 The last "Harami" led to the current upward price movement, so there's no any reversal pattern so far. At the same time, there's an opportunity to have a bearish correction anytime soon. All the Moving Averages have been broken, so the price is...

GBP/USD Daily Analytics 12:26 13.02.2018 There's a "V-Bottom" pattern, so the price is consolidating. It's likely that the pair is going to reach the closest resistance at 1.3895 - 1.3944. If a pullback from these levels happens little later on, there'll be a moment to have a decline in the...

EUR/USD Daily Analytics 12:23 13.02.2018 The 89 Moving Average has acted as support, so there's "Triple Bottom" pattern, which has been confirmed. The main intraday target is the next resistance at 1.2358 - 1.2384. If we have a pullback from this area, there'll be an opportunity to have...

XAU/USD: GOLD IS IN THE DEAD ZONE 07:19 13.02.2018 Recommendation: SELL $1,3320 SL $1,3470 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 SELL $1,3430 SL $1,3580 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308.50 support...

GBP/USD: POUND IN NEGATIVE AREA 06:02 13.02.2018 Technical levels: support – 1.3770; resistance – 1.3870. Trade recommendations: Sell — 1.3860/70; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and...

USD/CAD Daily Analytics 07:27 13.02.2018 Recommendations: SELL 1.2490 SL 1.2545 TP1 1.239 TP2 1.229 TP3 1.2190 BUY 1.2665 SL 1.2610 TP1 1.2765 TP2 1.2895 On the daily chart, USD/CAD the inability of bulls to return the pair inside the previous consolidation range of 1.2670-1.2895 was the...

XAU/USD Daily analytics 07:19 13.02.2018 Recommendation: SELL $1,3320 SL $1,3470 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 SELL $1,3430 SL $1,3580 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308.50 support. Another test...

GBP/USD Daily Analytics 06:02 13.02.2018 Technical levels: support – 1.3770; resistance – 1.3870. Trade recommendations: Sell — 1.3860/70; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen...

EUR/USD: EURO STARTED TO SSA 06:01 13.02.2018 Technical levels: support – 1.2230, 1.2270; resistance – 1.2350, 1.2400. Trade recommendations: Buy — 1.2300; SL — 1.2280; TP1 — 1.2400; TP2 — 1.2450 Reason: narrowing bearish Ichimoku Cloud with raising Senkou Span A; a dead cross of Tenkan-sen...

FBS Video Lessons In this video Tutorial Lesson 9: about the LOTS You will learn that spot Forex trading was only available in specific amounts of base currency called lots. A standard size of a lot equals to 100 000 units of a base currency. Later on, when Forex market opened for traders with...

USD/JPY: "HIGH WAVE" PATTERN 10:40 12.02.2018 The price has reached the lower "Window" once again, so we've got a pullback from this area. Therefore, the market is likely going to test the upper "Window" and the Moving Averages. There's a "High Wave" pattern, which has been confirmed. So...

WEEKLY FOREX OUTLOOK: FEB. 12 - 16 11:40 12.02.2018 The spectacular decline of US stocks was the biggest event of last week. Dow Jones experienced a record fall: it lost more than 1,000 points in one day. The US dollar took its chance to recover. Traders fear that the Federal Reserve will...

WEEKLY REPORT: GBP/USD 11:36 09.02.2018 This week was shaking for the cable. At the beginning of the week, the pound continued the Friday’s downward trend. However, it little changed ahead of the Bank of England’s meeting. Although the BOE kept interest rates unchanged at the level of 0.5%...

EUR/GBP Daily Anlytics 07:29 09.02.2018 Recommendation: SELL 0.8715 SL 0.877 TP1 0.8615 TP2 0.8525 TP3 0.8425 On the daily chart, EUR/GBP continues its medium-term consolidation in the 0.8700-0.9015 area. A break of its lower border will increase the odds of the pair’s getting to 200% target...

EUR/USD Daily Analytics 07:11 09.02.2018 Recommendation: SELL 1.2225 SL 1.228 TP1 1.216 TP2 1.2045 BUY 1.2295 SL 1.224 TP1 1.237 TP2 1.2475 On the daily chart, EUR/USD keeps forming “Spike and reversal with acceleration”. Bears count on the continuation of the decline toward an interim target...

USD/JPY Daily Analytics 06:25 09.02.2018 The price is consolidating between two "Windows". Also, there's no any reversal pattern so far. Therefore, the pair is likely going to test the next support area. There isn't any reversal pattern, cause all the last candles are bearish. So, the...

EUR/USD Daily Analytics 06:20 09.02.2018 There's a bearish "Three Methods" pattern, which has been formed under the Moving Averages. In this case, the price is likely going to continue declining. The price is consolidating under the upper "Window". If a pullback from this area happens, we...

GBP/USD Daily Analytics 06:15 09.02.2018 The main trend is still bullish, but there's a "V-Top" pattern. The main intraday target is the next support at 1.3834 - 1.3741. Meanwhile, if a pullback from this area happens, we could have another upward price movement. There's a bearish "Thorn"...

EUR/USD Daily Analytics 06:13 09.02.2018 There's a "V-Bottom" pattern, but the price is consolidating. Also, there's a possible developing bearish pattern. In this case, the market is likely going to test the nearest support 1.2164. Bears faced with support at 1.2222, so the price is...