EUR/USD Daily Analytics
11:46 08.12.2017
Bears faced with support at 1.1734, but the market is likely going to continue declining. The main intraday target is the nearest support at 1.1712 - 1.1695. If a pullback from this area happens, we could have an upward price movement towards the...
EUR/GBP Daily Analytics
08:19 08.12.2017
Recommendation:
SELL 0.8765
SL 0.882
TP1 0.8665 TP2 0.8525 TP3 0.844
On the daily, EUR/GBP bears managed to lead the pair outside of the long-term uptrend channel. As a result, the odds of the pair reaching 200% target of AB=CD increased. A successful...
EUR/USD Daily Analytics
07:57 08.12.2017
Recommendation:
SELL 1.1755
SL 1.1810
TP 1.1640 TP2 1.1600 TP3 1.1550
On the daily chart, EUR/USD bears managed to lead the pair outside of the uptrend channel and conquer support at 1.1820. If the bulls’ fortress near 1.1757 fails under their attack...
GBP/AUD Daily Analytics
14:10 07.12.2017
GBP/AUD reversed from support zone
Next buy target - 1.7900
GBP/AUD recently reversed up with the daily Hammer from the support area lying between the key support level 1.7600 (which reversed the previous impulse wave (iii) in November as can be seen...
EUR/AUD Daily Analytics
14:09 07.12.2017
EUR/AUD reversed from support zone
Next buy target - 1.5760
EUR/AUD continues to rise inside the sharp minor impulse wave (iii) – which recently reversed up from the support area lying between the key support level 1.5500 (which stopped the previous minor...
EUR/USD Daily Analytics
12:05 07.12.2017
It seems like wave 5 is going to take the form of an ending diagonal pattern. So, if a pullback from 5/8 MM Level happens, there'll be an opportunity to have wave [iii]. The main intraday target is +2/8 MM Level.
There's a pullback from 2/8 MM...
USD/JPY Daily Analytics
11:50 07.12.2017
The last "High Wave" pattern led to the current upward price movement. Meanwhile, if a pullback from the nearest resistance happens, we could have a downward correction towards the Moving Averages.
There's still no any reversal pattern, so bulls are...
EUR/USD Daily Analytics
11:47 07.12.2017
There's still no any reversal pattern, cause all the last candles are bearish. So, the pair is likely going to continue moving down towards the closest support area, which could be a departure point for another upward price movement.
We've got a...
GBP/USD Daily Analytics
11:44 07.12.2017
The price is consolidating along the 34 Moving Average. Considering that there's a "Double Top" pattern, the market is likely going to test the closest support at 1.3336. If a pullback from this level happens little later on, we could have an upward...
EUR/USD Daily Analytics
11:41 07.12.2017
Bears faced with support at 1.1772, so the price is consolidating. Nevertheless, the market is likely going to reach the next support at 1.1756 - 1.1734 in the short term. If a pullback from this area happens, there'll be an opportunity to have an...
EUR/JPY Daily Analytics
09:13 07.12.2017
EUR/JPY reversed from resistance zone
Next sell target - 131.70
EUR/JPY recently reversed down from the resistance zone lying between the strong resistance level 134.50 (which reversed the previous upward waves (i) and (b), as can be seen below) and the...
GBP/JPY Daily Analytics
09:14 07.12.2017
GBP/JPY reversed from resistance zone
Next sell target - 147.50
GBP/JPY continues to fall inside the minor impulse wave (i) – which belongs to the C-wave of the intermediate ABC correction (B) from the middle of September. The active C-wave started...
USD/JPY Daily Analytics
07:19 07.12.2017
Recommendation:
BUY 113.00
SL 112.35
TP1 113.90 TP2 115.40
On the daily chart, USD/JPY retraced 50% of the wave CD in line with the transformation of the “Shark” into 5-0. Another test of resistance at 113 in case of success will increase the odds of...
EUR/JPY Daily Analytics
07:10 07.12.2017
Recommendations:
BUY 134.00 SL 133.45 TP1 135 TP2 138
SELL 131.5 SL 132.05 TP1 129 TP2 128.2
On the daily chart, EUR/JPY there are “Shakeout-fakeout” and “Spike and ledge” patterns. Other tests of resistance at 133.95-134 or support at 131.50 will...
EUR/USD Daily Analytics
12:24 06.12.2017
The 34 Moving Average has acted as resistance, but there's still no any reversal pattern. Therefore, the market is likely going to test the 144 MA, which could be a departure point for a bullish price movement towards the nearest "Window".
There's...
GBP/USD Daily Analytics
12:21 06.12.2017
Bears faced with support at 1.3363, so the price is consolidating. Also, there's a "Double Top" pattern, so the pair is likely going to decline in the direction of the closest support at 1.3336. If we have a pullback from this level, there'll be a...