Search results

EUR/USD: BULLISH "HARAMI" 13:13 24.10.2017 There are bullish patterns such a "Hammer" and an "Inverted Hammer", which both have been confirmed enough. So, the 55 Moving Average is likely going to act as resistance soon. If a pullback from this line happens, we could have another decline...

USD/CAD: BULLS TOOK A PAUSE 07:54 24.10.2017 Recommendation: BUY 1.2595 SL 1.2540 TP1 1.2790 TP2 1.3240 On the daily chart, bulls manage to stay above support at 1.2460 and renew October low. As a result, the odds of the pair reaching 88.6% target of the inverted “Shark” pattern increased...

XAU/USD: BEARS ARE FIRM 07:47 24.10.2017 Recommendation: SELL $1271 SL $1286 TP1 $1237 TP2 $1212 On the daily chart, bulls are clinging to an important level of $1281 an ounce. Their failure will return the initiative to bears and increase the risks of decline to 78.6% and 200% targets of...

GBP/USD: MOVING AVERAGES ACTED AS RESISTANCE 07:19 24.10.2017 The Moving Averages have acted as resistance, so the price is consolidating. Nevertheless, the market is likely going to reach another resistance at 1.3290 - 1.3336 in the short term. If a pullback from this area happens, we could...

EUR/USD: "V-BOTTOM" PATTERN 07:16 24.10.2017 There's a "V-Bottom" pattern, which pushed the price to the nearest resistance at 1.1772. Meanwhile, the market is likely going to continue moving up towards the next resistance at 1.1822 - 1.1857. If a pullback from this area happens little later...

GBP/USD: POUND REACHED SENKOU SPAN A 05:44 24.10.2017 Technical levels: support – 1.3150; resistance – 1.3240. Trade recommendations: Sell — 1.3200; SL — 1.3220; TP1 — 1.3130; TP2 — 1.3100. Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen...

EUR/USD: EURO TESTED TENKAN’S RESISTANCE 05:43 24.10.2017 Technical levels: support – 1.1730; resistance – 1.1770. Trade recommendations: Sell — 1.1750; SL — 1.1870; TP1 — 1.1700; TP2 – 1.1680 Reason: narrow bullish Ichimoku Cloud, but horizontal Senkou Span B; a new dead cross of Tenkan-sen...

USD/JPY: "WINDOW" REMAINS OPEN 12:04 23.10.2017 There's a bearish "High Wave", which hasn't been confirmed yet. Also, we've got a new "Window". In this case, the market is likely going to continue moving up in the short term towards the nearest resistance level. We've got a bearish...

EUR/USD: "TWEEZERS" AND "DOJI" PATTERNS 12:01 23.10.2017 The last bearish "Tweezers" and "Doji" patterns led to the current decline. Also, the price fixated under the Moving Averages. There's no any reversal pattern so far, so the market is likely going to continue falling down. We've got...

GBP/USD: PRICE REACHED DOWNWARD CHANNEL 11:53 23.10.2017 We've got a "V-Bottom", so the price is rising. The main intraday target is the nearest resistance area at 1.3227 - 1.3258. If a pullback from this area happens, we could have a decline towards the closest support at 1.3150 - 1.3120...

EUR/USD: "V-TOP" PATTERN LED TO DECLINE 11:49 23.10.2017 There's a "V-Top" pattern, so the price reached the nearest support at 1.1757. Moreover, the market is likely going to continue moving down, so we should keep an eye on the next support at 1.1729 - 1.1719 as an intraday bearish target...

AUD/USD: BEARS STOPPED SLEEPING 07:22 23.10.2017 Recommendation: SELL 0.78 SL 0.7855 TP1 0.769 TP2 0.76 BUY 0.7885 SL 0.7835 TP 0.8 On the daily chart, AUD/USD keeps trading within “Shark” and “Crab” patterns. After a pullback to 38.2% of the last descending wave, bears try to restore the...

NZD/USD: WILL KIWI CATCH THE WAVE 07:11 23.10.2017 Recommendation: BUY 0.709 SL 0.7035 TP 0.7235 On the daily chart, bears managed to lead the pair to the lower border of the long-term uptrend. A successful test of diagonal support will increase the possibility of a break in an uptrend and...

USD/JPY: DOLLAR REACHED 114.00 06:19 23.10.2017 Technical levels: support – 113.40; resistance – 114.00. Trade recommendations: Buy — 113.40; SL — 113.20; TP1 — 114.00; TP2 — 114.40. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and...

AUD/USD: AUSSIE ENTERED INTO NEGATIVE AREA 06:18 23.10.2017 Technical levels: support – 0.7770; resistance – 0.7840 Trade recommendations: Sell — 0.7840; SL — 0.7860; TP1 — 0.7770; TP2 — 0.7730. Reason: narrow bearish Ichimoku Cloud, falling Senkou Span A and B; a cancelled golden cross of...

EUR/USD: DOUBLE ZIGZAG IN WAVE [II] 06:16 23.10.2017 The price is likely going to test 0/8 MM Level in the coming hours. If we have a pullback from this level, wave [ii] likely will be ended. In this case, there'll be an opportunity to have another upward impulse in wave [iii]. It seems...

EUR/USD: WAVE [III] STARTED 14:05 20.10.2017 It seems like wave [iii] has been started, so we could have another bullish impulse in the short term. The main intraday target is 6/8 MM Level. The price couldn't fixate above 4/8 MM Level, so wave (i) has been ended. If a pullback from 2/8 MM...

USD/JPY: "SHOOTING STAR" PATTERN 14:02 20.10.2017 There's a "High Wave" pattern, which has been formed at the local high. So, there's an opportunity to have a downward correcting in the coming hours. However, if we see a pullback from the nearest support level, bulls will probably try to...

EUR/USD: BEARISH "THREE METHODS" PATTERN 14:00 20.10.2017 There are bearish patterns such a "Tweezers" and a "Doji", which both have been confirmed enough. The 21 & 34 Moving Averages are acting as support. Nevertheless, the market is likely going to continue moving down in the short term...

GBP/USD: BEARS GOING TO TEST NEAREST SUPPORT 13:57 20.10.2017 The price is consolidating between the levels 1.3221 - 1.3150. It's likely that bears are going to achieve the nearest support at 1.3081 in the short term. If we see a pullback from this level, there'll be an opportunity to have a...