CRUDE OIL IN 2018: IS IT REALLY A BULLISH TREND?
14:14 11.01.2018
Background
Let’s look at the background of the price dynamics.
The great fall of the oil price happened in 2014. It was caused by the increased oil production in the USA and Canada. American private companies started extracting...
THE UNCERTAINTY OF GOLD IN 2018
14:02 11.01.2018
According to the weekly chart, gold started 2018 with the highest price from the middle of September 2017 and according to the monthly chart, the highest January opening price since 2013.
It gave a reason to a lot of economists and analysts...
EURUSD Daily Analytics
12:43 11.01.2018
There's a bearish "Harami", which has been formed at the last local high. Therefore, the pair is likely going to test the lower "Window" in the short term.
We've got a bullish "Hammer", but this pattern hasn't been confirmed yet. So, it seems like...
USD/JPY Daily Analytics
12:39 11.01.2018
There's a bearish "Harami" pattern, which has been formed under the nearest resistance area. So, we should keep an eye on the closest support area as an intraday target.
The last "Shooting Star" pattern has been confirmed, so the current bullish...
EURUSD Daily Analytics
12:34 11.01.2018
Bulls faced with resistance at 1.2033, so there's a "V-Top" pattern. The main intraday target is the next support at 1.1884 - 1.1875. If a pullback from this area happens little later on, there'll be a moment to have an upward price movement towards...
USD/JPY Daily Analytics
07:57 11.01.2018
Recommendation:
BUY 112.80
SL 112.25
TP1 113.70 TP2 115.20
On the daily chart, USD/JPY bears managed to lead the pair outside of the uptrend channel. Together with this, reaching 78.6% of the Gartley pattern will allow bulls to seize the initiative...
EUR/JPY Daily Analytics
07:46 11.01.2018
Recommendation:
SELL 133.05
SL 133.60
TP1 132.05 TP2 131.5
On the daily chart, EUR/JPY is trading in the “Shakeout-Fakeout” pattern. After reaching 161.8% target of AB=CD the pair returned inside the previous consolidation range of 131.50-134.30. A...
GBP/USD Daily Analytics
07:16 10.01.2018
Recommendations:
BUY 1.3580 SL 1.3525 TP1 1.368 TP2 1.381
SELL 1.3510 SL 1.3565 TP1 1.341 TP2 1.332
On the daily chart, there’s a short-term consolidation of GBP/USD in the 1.3490-1.3580 range. Bears are trying to return the pair inside the descending...
USD/CHF Daily Analytics
07:00 10.01.2018
Recommendation:
BUY 0.9915
SL 0.986
TP 1.0015 TP2 1.0045 TP3 1.026
On the daily chart, USD/CHF bears failed to form a “Triangle” pattern and return the pair inside the long-term downtrend. If bulls manage to move the pair towards resistance at 0.9915...
EURUSD Daily Analytics
06:31 10.01.2018
The current decline could be wave [iv] inside a possible ending diagonal pattern. If correct, we're likely going to have wave [v] of 5 in the short term.
It seems like a bearish impulse in wave (a) ended, so there's an opportunity to have wave (b) in...
EURUSD Daily Analytics
00:10 10.01.2018
There's a "Doji", which has been formed on the 55 Moving Average. However, confirmation of this pattern is a quite weak, so we're likely going to have a local correction towards the nearest resistance, which could be a departure point for another...
USD/JPY Daily Aalytics
00:07 10.01.2018
There's a "High Wave" on the lower "Window", but this pattern hasn't been confirmed yet. In this case, the market is likely going to test the nearest Moving Averages in the coming hours.
The last bullish "Harami" pattern has been confirmed, so bulls...
EUR/USD Daily Analytics
00:05 10.01.2018
The price is testing the 55 Moving Average, which could act as support. If so, the market is likely going to reach the nearest resistance area at 1.1934 - 1.1938. Meanwhile, if a pullback from these levels happens little later on, there'll be an...
GBP/USD Daily Analytics
00:02 10.01.2018
The main trend is still bullish, but the price is consolidating near the 34 Moving Average. It's likely that the market is going to test the nearest resistance at 1.3569 - 1.3505. This area could be a departure point for a decline in the direction of...