BITCOIN (BTC/USD)
19:25 01.01.2018
Bitcoin keeps moving below the 200-hour moving average, which has allowed cryptocurrency to weaken in the markets, especially against the US dollar. From the 50% Fibonacci level we have seen that the BTC has encountered resistance, along with the 200 SMA...
USD/JPY Daily Analytics
11:22 29.12.2017
There's a bearish "Three Methods" pattern. At the same time, there's no any reversal pattern so far. Therefore, the price is likely going to continue declining towards the lower "Window".
We've got a "Shooting Star" pattern, which has been formed at...
EUR/USD Daily Analytics
11:18 29.12.2017
There's a possible "Belt Hold" pattern, which has been formed on the lower "Window". Therefore, the market is likely going to continue rising towards the next "Window".
We still don't have any reversal pattern. However, if a pullback from the...
FOREX MARKET IN JANUARY
10:55 29.12.2017
The start of the new year is a great time to set new goals and develop new skills. It would be wise to begin with developing mindfulness and strategic thinking. To do that, I propose you to prepare for trading in advance. In this article, we’ll analyze...
EUR/USD Daily Analytics
07:40 29.12.2017
Recommendation:
SELL 1.1895
SL 1.1950
TP1 1.1820 TP2 1.1795 TP3 1.1735
On the daily chart, if EUR/USD renews November high, the odds of its getting to 161.8% target of AB=CD will increase. Never the less, if bulls fail to settle above resistance at...
EUR/JPY Daily Analytics
07:32 29.12.2017
Recommendation:
BUY 135.00
SL 134.45
TP1 136 TP2 137 TP3 138
On the daily chart, EUR/JPY bulls are trying to continue going up to 200% of AB=CD. Never the less, if bears manage to return the pair inside the previous consolidation range of...
GBP/USD Daily Analytics
03:38 29.12.2017
The last "Triangle" has been broken, but the price is consolidating. The main intraday target is the 34 Moving Average. If this line acts as support, bulls are likely going to test the closest resistance at 1.3465 - 1.3519.
The uptrend has acted as...
EUR/USD Daily Analytics
03:32 29.12.2017
There's a pullback from the nearest resistance at 1.1960, so the market is likely going to test the closest support at 1.1919 - 1.1901 in the coming hours. If a pullback from this area happens little later on, there'll be an opportunity to have another...
USD/JPY Daily Analytics
11:25 28.12.2017
We've got a bearish "Hammer" pattern, which hasn't been confirmed yet. Therefore, we should keep an eye on the 21 Moving Average as the next intraday target.
The lower "Window" acted as support, so there's a bullish "Harami" pattern. Under this...
EUR/USD Daily Analytics
11:21 28.12.2017
The upper "Window" is acting as resistance, so there's an opportunity to have a bearish correction towards the last "Three Methods" pattern. If a pullback from this area happens little later on, bulls are likely going to deliver a new local high...
GBP/USD Daily Analytics
11:17 28.12.2017
The trend is still bullish. The main intraday target is the next resistance at 1.3465 - 1.3519. If a pullback from this level happens, there'll be an opportunity to have a decline in the direction of the closest support at 1.3445 - 1.3419.
The last...
EUR/USD Daily Analytics
11:14 28.12.2017
There's a consolidation, which is taking place above the 34 Moving Average. The main intraday target is the next resistance at 1.1975 - 1.2003. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards...
USD/CHF Daily Analytics
07:54 28.12.2017
Recommendation:
BUY 0.9930
SL 0.9875
TP1 1.003 TP2 1.0145
On H1, bears prepare to pull USD/CHF below the diagonal support in the form of the uptrend’s lower border. To break the medium-term bullish trend the pair has to get beyond the triangle and...
USD/JPY Daily analytics
07:47 28.12.2017
Recommendation:
BUY 113.65
SL 113.10
TP1 114.65 TP2 115.3 TP3 116.2
On the daily chart, the inability of bulls to hold the pair above important support at 112.95-113 will point at their weakness. On the other hand, successful test of resistance at...
EUR/USD Daily Analytics
13:21 27.12.2017
There's still no any reversal pattern so far, cause all the last candles are bullish. Therefore, the price is likely going to test the next upward "Window".
The 34 Moving Average has acted as support, so we've got an "Engulfing" pattern on this...
USD/JPY Daily Analytics
13:18 27.12.2017
There's a "Hammer" pattern, which has been formed on the 21 Moving Average. So, the market is likely going to test the upper "Window" in the coming hours.
The 55 Moving Average acted as support, so we've got a "Harami" pattern on this line...
GBP/USD Daily Analytics
13:15 27.12.2017
The price is still consolidating in a range of the triangle. The main intraday target is the next resistance at 1.3419 - 1.3445. This area could be a departure point for a decline towards the closest support at 1.3336 - 1.3319.
All the Moving...
EUR/USD Daily Analytics
13:13 27.12.2017
The price is consolidating near the 34 Moving Average. The main intraday target is the next support at 1.1833 - 1.1816. If a pullback from these levels arrives, we could have an upward price movement towards another resistance at 1.1901 - 1.1919...