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AUD/USD: AUSSIE ENTERED INTO CLOUD 07:38 13.10.2017 Technical levels: support – 0.7800; resistance – 0.7850, 0.7880. Trade recommendations: Sell — 0.7850; SL — 0.7870; TP1 — 0.7800; TP2 — 0.7780. Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and...

GBP/USD: POUND IS GOING TO SSB 07:37 13.10.2017 Technical levels: support – 1.3270; resistance – 1.3340. Trade recommendations: Sell — 1.3340; SL — 1.3360; TP1 — 1.3270; TP2 — 1.3240. Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen...

EUR/GBP DOESN’T WANT TO GIVE UP 07:28 13.10.2017 Recommendation: BUY 0.8855 SL 0.88 TP1 0.8955 TP2 0.9055 BUY 0.902 SL 0.8965 TP1 0.91 TP2 0.92 On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for buying...

EUR/USD: NO ONE WANTS TO GIVE IN 07:01 13.10.2017 Recommendations: SELL 1.193 SL 1.1985 TP 1.177 BUY 1.177 SL 1.1705 TP 1.193 On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for selling. The inability of...

EUR/USD: "ENGULFING" ON THE UPPER "WINDOW" 11:55 12.10.2017 There's a bearish "Engulfing" pattern, which hasn't been confirmed yet. In this case, the market is likely going to test the 34 Moving Average, which could be a departure point for another upward price movement. We've got an...

USD/JPY: BEARISH "HARAMI" 11:53 12.10.2017 The 55 Moving Average has acted as support. However, there's also resistance by the upper "Window". In this case, the price is likely going to test the 89 MA. If a pullback from this line happens, we could have another bullish rally. There's a...

EUR/USD: WAVE [II] COMING SOON 07:20 12.10.2017 The price has been rising since a pullback from 0/8 MM Level happened. Wave is about to end, so if 3/8 MM Level acts as resistance, we could have a downward correction. In this case, we should keep an eye on 1/8 MM Level as an intraday bearish...

GBP/USD: BROKEN BULLISH "PENNANT" 07:16 12.10.2017 We've got a bullish "Pennant", which has been broken, so the price is still rising. It seems like the pair is ready to test the next resistance at 1.3290 - 1.3342. However, if we see a pullback from this area, there'll be an opportunity to...

EUR/USD: PRICE GOING TO CONTINUE RISING 07:13 12.10.2017 All the Moving Averages have been broken, so the market is likely going to continue moving up in the short term. The main bullish target is the nearest resistance at 1.1892 - 1.1914. If we have a pullback from this area, bears will try...

USD/JPY: DOLLAR MAY GO LOWER 06:55 12.10.2017 Technical levels: support – 112.00, 111.60; resistance – 112.70. Trade recommendations: Sell — 112.20; SL — 112.40; TP1 — 111.60; TP2 — 111.30. Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen...

EUR/USD: EURO TESTED SBB’S RESISTANCE 06:54 12.10.2017 Technical levels: support – 1.1850, 1.1830; resistance – 1.1890, 1.1940. Trade recommendations: Buy — 1.1850; SL — 1.1830; TP1 — 1.1890; TP2 – 1.1940. Reason: bearish Ichimoku Cloud with rising Senkou Span A; a strong golden cross of...

EUR/USD: PRICE GOING TO TEST MOVING AVERAGES 12:23 11.10.2017 There's a bearish "Shooting Star", which has been formed on the 89 Moving Average. However, this pattern is still unconfirmed, so we could have just a local correction. Therefore, bulls are likely going to deliver a new local high...

USD/JPY: "SHOOTING STAR" PATTERN 12:21 11.10.2017 The price is still consolidating. Also, there's a bullish "Engulfing" on the 55 Moving Average, but this pattern remains unconfirmed. So, the price is likely going to continue moving down until any reversal pattern arrives. We've got a...

EUR/USD: WAVE ABOUT TO END 07:16 11.10.2017 Wave 4 may have been formed, cause there's a pullback from 0/8 MM Level. Also, a bullish impulse in wave is about to end, so we could have a downward correction in the short term. The main intraday target for wave [ii] is 1/8 MM Level, which could...

GBP/USD: LOCAL "DOUBLE TOP" PATTERN 06:57 11.10.2017 There's a consolidation, which is taking place under the nearest resistance at 1.3221. The main intraday target is the closest support at 1.3182 - 1.3150. If we have a pullback from this area, bulls will probably try to reach the 89 Moving...

EUR/USD: 89 MA ACTED AS RESISTANCE 06:56 11.10.2017 The 89 Moving Average has acted as resistance, so the price is consolidating. Nevertheless, the pair is likely going to test the next resistance at 1.1848 - 1.1860 in the short term. If a pullback from this area happens little later on...

EUR/USD: "THREE METHODS" PATTERN 12:10 10.10.2017 The last "High Wave" pattern led to an achievement of the 55 Moving Average, which acted as resistance. However, bulls are likely going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on, we...

USD/JPY: CONSOLIDATION ABOVE "WINDOW" 12:07 10.10.2017 The price is still consolidating above the upper "Window". Also, there are a "Tweezers" and an "Engulfing" patterns, which both have been formed at the last high. So, bears are likely going to test the 89 Moving Average soon. There's...

EUR/USD: EXTENSION IN WAVE (III) OF 08:54 10.10.2017 The price has been rising since a pullback from 0/8 MM Level happened. So, there's a developing bullish impulse, which could be wave . The main intraday target is 2/8 MM Level. There's an extension in wave (iii) of , which hasn't been...

GBP/USD: MARKET GOING TO TEST 89 MA 08:31 10.10.2017 There's a "V-Bottom", so the price is consolidating. It's likely that the market is going to test the 89 Moving Average in the short term. If a pullback from this line happens, there'll be an opportunity to have a decline towards the...