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USD/JPY: DOLLAR FIXED POSITIONS ON CLOUD 06:27 03.11.2017 Technical levels: support – 113.90, 113.50; resistance – 114.40. Trade recommendations: Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80. Sell — 113.80; SL — 114.00; TP1 — 113.00; TP2 — 112.40. Reason: bullish Ichimoku Cloud with...

EUR/USD: EURO GROWING UP TO CLOUD 06:26 03.11.2017 Technical levels: support – 1.1640; resistance – 1.1670. Trade recommendations: Sell — 1.1670; SL — 1.1690; TP1 — 1.1600; TP2 – 1.1580 Reason: bearish Ichimoku Cloud, horizontal Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen...

USD/JPY: 55 MA ACTED AS SUPPORT AGAIN 13:23 02.11.2017 The lower "Window" has acted as support, so the pair is likely going to test the nearest resistance. If any bearish pattern forms little later on, there'll be an opportunity to have a decline towards the Moving Averages. The 55 Moving...

EUR/USD: BULLISH "ENGULFING" 13:21 02.11.2017 The 21 Moving Average has acted as resistance, but there isn't any bearish pattern so far. In this case, bulls are likely going to test the 55 Moving Average, which could be a departure point for another decline. There's a bullish "Engulfing"...

GBP/USD: CONSOLIDATION NEAR 34 MA 08:20 02.11.2017 The price has been consolidating since a pullback from resistance at 1.3336 happened. The main intraday target is the next resistance at 1.3370 - 1.3408. However, if we have a pullback from this area, there'll be an opportunity to have a...

EUR/USD: "TRIPLE BOTTOM" PATTERN 08:13 02.11.2017 The price is consolidating between the levels 1.1668 - 1.1582. Also, there's a "Double Bottom" pattern, which has been confirmed. The main intraday target is the nearest resistance at 1.1724 - 1.1729, which could be a departure point for a...

AUD/USD: AUSSIE ENTERED INTO CLOUDY AREA 06:58 02.11.2017 Technical levels: support – 0.7670; resistance – 0.7710 Trade recommendations: Sell — 0.7710; SL — 0.7730; TP1 — 0.7670; TP2 — 0.7630. Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a new golden cross of Tenkan-sen and...

GBP/USD: POUND FIXED ABOVE CLOUD 06:56 02.11.2017 Technical levels: support – 1.3240; resistance – 1.3340. Trade recommendations: Buy — 1.3280; SL — 1.3260; TP1 — 1.3340; TP2 — 1.3380. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a strong golden cross of...

USD/JPY: BULLS WILL FIGHT TILL THE END 06:53 02.11.2017 Recommendation: BUY 114.30 SL 113.75 TP1 115.30 TP3 116.25 On the daily chart, after reaching 88.6% target of an inverted “Shark” pattern and a pullback USD/JPY resumed the short-term uptrend. A break of resistance at 114.35 will open...

EUR/JPY: BULLS MADE A STOP 06:44 02.11.2017 Recommendation: BUY 134.15 SL 133.60 TP1 135.15 TP2 136.00 SELL 132.15 SL 132.70 TP 131.15 On the daily chart, EUR/JPY formed a “Widening wedge” pattern. The trend remains bullish, 161.8% and 224% targets of the junior and senior AB=CD patterns are...

EUR/USD: 34 MA ACTING AS RESISTANCE 12:41 01.11.2017 There's a bearish "High Wave" pattern, which hasn't been confirmed enough. So, the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there'll be an opportunity to have another...

USD/JPY: "HAMMER" AND "DOJI" PATTERNS 12:38 01.11.2017 The last "Hammer" and "Doji" patterns led to the current upward price movement. If a pullback from the nearest resistance happens soon, we're likely going to have a bearish correction towards the lower "Window". There isn't any...

EUR/USD: LEADING DIAGONAL IN WAVE A 11:06 01.11.2017 Wave (iv) has been developing since a pullback from 2/8 MM Level happens. It's likely that 3/8 MM Level is going to act as resistance once again. So, if we have another pullback from this level, there'll be an opportunity to have wave (v)...

GBP/USD: WILL POUND RETURN TO THE TRIANGLE? 07:43 01.11.2017 Recommendation: SELL 1.326 SL 1.3315 TP1 1.316 TP2 1.306 SELL 1.319 SL 1.3245 TP1 1.309 TP2 1.299 On the daily chart, bulls attempted to lead GBP/USD outside of the triangle and develop correction to the short-term downtrend. If...

USD/CHF: BULLS MADE ANOTHER ATTACK 07:24 01.11.2017 Recommendation: BUY 1.0005 SL 0.995 TP1 1.0105 TP2 1.0145 On the daily chart, USD/CHF after forming the “Dragon” pattern and reaching 200% target of AB=CD there was a natural pullback towards 0.9965 (61.8% of the descending wave). Never...

USD/JPY: DOLLAR READY TO CONTINUE UPTREND 07:01 01.11.2017 Technical levels: support – 113.70; resistance – 114.40. Trade recommendations: Buy — 113.70; SL — 113.50; TP1 — 114.40; TP2 — 114.80. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and...

EUR/USD: EURO IN CONSOLIDATION ON TENKAN-SEN 07:00 01.11.2017 Technical levels: support – 1.1630; resistance – 1.1670. Trade recommendations: Sell — 1.1670; SL — 1.1690; TP1 — 1.1600; TP2 – 1.1580 Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and...

GBP/USD: "DOUBLE TOP" PATTERN 06:35 01.11.2017 All the Moving Averages have been broken, but bulls faced with resistance at 1.3311, so the price is consolidating. In this case, the 89 Moving Average is likely going to act as support. If so, there'll be an opportunity to have another upward...

EUR/USD: 34 MA ACTED AS RESISTANCE 06:33 01.11.2017 The price is consolidating between the levels 1.1668 - 1.1615. The main intraday target is the nearest resistance at 1.1695. If a pullback from this level happens, there'll be an opportunity to have a decline towards the closest support at...

USD/JPY: "WINDOW" GOING TO ACT AS RESISTANCE 12:48 31.10.2017 The 55 Moving Average has acted as support, so there are a "Hammer" and a "Doji" patterns on this line. So, the upper "Window" is likely going to act as resistance in the short term. If a pullback from this level happens little...