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GBP/USD: "DOUBLE TOP" LED TO DECLINE
10:28 29.01.2018
The last "Double Top" pattern led to the current decline. The main intraday target is the 34 Moving Average. If a pullback from this line happens little later on, there'll be an opportunity to have another bullish pice movement.
The...
USD/JPY Daily Analytics
12:46 29.01.2018
The pair has reached the lower "Window", but the price remains below the middle of the last huge black candle. In this case, the market is likely going to test the next "Window" soon.
There's a "Harami", which has been formed on the 21 Moving...
EUR/USD Daily Analytics
12:44 29.01.2018
There's a developing bearish correction, but the last bullish "Piercing Line" is still on the table. So, if the 34 Moving Average acts as support, there'll be a moment to have another upward price movement.
We've got a bullish "Hammer", so the...
EUR/USD Daily Analytics
10:24 29.01.2018
The main trend is still bullish, but the price is consolidating between the levels 1.2569 - 1.2358. It's likely that the pair is going to test the next support at 1.2322 - 1.2272 in the coming hours. If a pullback from this area happens little later...
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Gold can be traded in many ways. One way is to physically own and directly invest in gold coins and bullions. Another way is to trade gold at Forex market. Gold might the best investment opportunities that you shouldn’t miss.
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USD/JPY Daily Analytics
11:53 26.01.2018
There's a bearish "Doji" pattern at the last local high. In this case, the price is likely going to test the lower "Window" once again.
The last "Doji" pattern has been confirmed, so the price is declining. It's likely to have a local bullish...
EUR/USD Daily Analytics
11:50 26.01.2018
There's a "Piercing Line" pattern, which has been confirmed. So, if the 21 Moving Average acts as support, there'll be an opportunity to have a new local high.
We've got a "Harami" and a "High Wave", but both patterns haven't been confirmed yet...
GBP/USD Daily Analytics
11:47 26.01.2018
Bulls faced with resistance at 1.4331, so there's a "Double Top" pattern. Nevertheless, the market is likely going to achieve the next resistance at 1.4386 - 1.4433 soon. If a pullback from this area happens, we could have a bearish correction.
The...
EUR/USD Daily Analytics
11:44 26.01.2018
The main trend is still bullish, so we should keep an eye on the next resistance at 1.2500 - 1.2537 as an intraday target. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at...
EUR/GBP: BULLS HAVE DEFENDED THE FORTRESS
07:40 26.01.2018
Recommendation:
SELL 0.8700
SL 0.8755
TP1 0.8600 TP2 0.8450
On the daily chart, EUR/GBP tested the lower border of the 0.8740-0.9015 for the fourth time since September. The inability of bears to continue what they have begun will...
EUR/GBP Daily Analytics
07:40 26.01.2018
Recommendation:
SELL 0.8700
SL 0.8755
TP1 0.8600 TP2 0.8450
On the daily chart, EUR/GBP tested the lower border of the 0.8740-0.9015 for the fourth time since September. The inability of bears to continue what they have begun will point at their...
EUR/USD Daily Analytics
06:58 26.01.2018
Recommendation:
SELL 1.2360
SL 1.2415
TP1 1.2305 TP2 1.2200
On the daily chart, EUR/USD is forming “Spike and reversal with acceleration” pattern. To change the trend to the downward the euro should return to 1.19. That is unlikely. On the other hand...