EUR/USD Daily Analytics
05:26 20.11.2017
There's a pullback from 6/8 MM Level, so wave might have been formed. In this case, we could have wave [ii] soon. If a pullback from 4/8 MM Level happens little later on, there'll be a green light for wave [iii].
Wave [ii] is likely going to take...
EUR/USD Daily Analytics
11:18 17.11.2017
There's a developing bullish impulse, which could be wave . Also, we've got a pullback from 5/8 MM Level, so there's an opportunity to have wave (v) of . The main intraday target is 7/8 MM Level, which could be a departure point for wave [ii].
The...
USD/JPY Daily Analytics
11:10 17.11.2017
There's a bullish "Hammer", which has been formed at the last local low. The Moving Averages are acting as resistance. So, we could have just bullish correction and the following decline afterwards.
We've got an "Inverted Hammer", but confirmation...
EUR/USD Daily Analytics
11:07 17.11.2017
There's a bullish "Doji", which has been confirmed, so the price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline towards the 89 Moving Average.
The upper "Window" has acted as...
GBP/USDDaily Analytics
09:28 17.11.2017
There's a bullish "Thorn", which led to forming a new local high. The main intraday target is the next resistance at 1.3278 - 1.3298. Meanwhile, if a pullback from these levels arrives afterwards, bears will probably try to reach another support at...
EUR/USD Daily Analytics
09:25 17.11.2017
Bears faced with support at 1.1767, so there's a bullish "V-Bottom" pattern, which pushed the price to the nearest resistance at 1.1836. The main intraday target is the next resistance at 1.1857, which could be a departure point for a bearish...
EUR/GBP Daily Analytics
08:07 17.11.2017
Recommendation:
BUY 0.8875
SL 0.882
TP1 0.8975 TP2 91
On the daily chart, pin bar stopped the bulls’ attack for some time. Never the less, as long as the quotes are above the upper border of the uptrend, chances for the formation of a “Dragon” pattern...
EUR/USD Daily Analytics
07:41 17.11.2017
Recommendation:
BUY 1.1860
SL 1.1805 TP1 1.1960
TP2 1.2050
On the daily chart, bulls managed to lead the pair outside of the descending trend. If they manage to continue the attack and redraw November high, risks of 88.6% target of an inverted “Shark”...
EUR/USD Daily Analytics
12:48 16.11.2017
There're bearish patterns such an "Evening Star" and a "High Wave". So, the price is likely going to test the nearest support. If a pullback from this level happens little later on, we could have another upward price movement.
The last "High Wave"...
USD/JPY Daily Analytics
12:45 16.11.2017
There's a "Hammer", which has stopped the last bearish rally. Considering yesterday's "Engulfing" pattern, the market is likely going to continue moving up towards the Moving Averages in the short term
The price has reached the 34 Moving Average...
EUR/USD Daily Analytics
09:56 16.11.2017
There's a developing bullish impulse in wave . Previously, we had a zigzag in wave 4, which means we could have another upward rally. If a pullback from 7/8 MM Level happens little later on, there'll be time for a bearish correction.
6/8 MM Level...
USD/JPY Daily Analytics
07:59 16.11.2017
Recommendation:
BUY 113.25
SL 112.7
TP1 114.25 TP2 114.8
On the daily chart, USD/JPY broke the lower border of a rising triangle and then retested it. This was a sign that bears attacked. Sellers tested support at 113 and are trying to fix below it...
GBP/USD Daily Analytics
07:58 16.11.2017
There's a "Thorn" pattern, so the price is consolidating. The main intraday target is the nearest support at 1.3150 - 1.3109. If a pullback from this area happens little later on, bulls are likely going to reach the next resistance at 1.3182 - 1.3238...
EUR/USD Daily Analytics
07:55 16.11.2017
The price faced with resistance at 1.1857, so there's a "V-Top" pattern, which pushed the pair to the nearest support at 1.1767 - 1.1743. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement...
EUR/JPY Daily Analytics
07:33 16.11.2017
Recommendation:
BUY 133.65
SL 133.1
TP1 134.65 TP2 136
On the daily chart, EUR/JPY reached the targets of “Wolfe waves” pattern. A break of diagonal resistance at 2-4 increased risks of an uptrend’s resumption. To reach targets at 161.8% and 224% of...
TRADING PLAN FOR NOVEMBER 16
14:23 15.11.2017
The US dollar index (DXY) declined below 93.50 on Wednesday. The USD was pressured by the decline of the US Treasury yields. American data came out mixed on Wednesday: there was a slight increase in core CPI growth rate, but wages remained soft. Next...