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EUR/USD: EURO RETURNED TO 0.2000 07:41 11.09.2017 Technical levels: support – 1.2000, 1.1980; resistance – 1.2075. Trade recommendations: Buy — 1.1980; SL — 1.1960; TP1 — 1.2030; TP2 – 1.2075. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and...

AUD/USD: BEARS LEFT THEIR LAIR 07:21 11.09.2017 Recommendation: SELL 0.8025 SL 0.808 TP1 0.794 TP2 0.789 On the daily chart, the inability of bulls to push the pair out of the uptrend channel and formation of the bar with a long upper wick points at their weakness. It strengthens the risks...

NZD/USD: BEARS FOUND A SHARK 07:03 11.09.2017 Recommendation: SELL 0.7225 SL 0.728 TP1 0.715 TP2 0.7105 On H1, the inability of the bulls to lead the pair outside of the descending channel and formation of the bar with the long upper wick points at buyers’ weakness. Realization of the...

EUR/USD FAVORED BY THE BULLISH PRICE ACTION 00:46 11.09.2017 EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1.20. Because...

EUR/USD: 7/8 MM LEVEL ACTED AS RESISTANCE 12:38 08.09.2017 We've got a new high, so wave 5 may have been started. At the same time, wave 4 turned out to be a triangle pattern, so there's a bullish impulse in wave of 5. 7/8 MM Level acted as resistance, which means we could have a local...

USD/JPY: BEARISH "THREE METHODS" PATTERN 11:53 08.09.2017 Bears are still pushing the price lower, so we don't have any reversal pattern. Therefore, the pair is likely going to continue falling down towards the lower "Window". If any bullish pattern arrives later on, we could have an upward...

EUR/USD: BULLS GOING TO TEST NEXT RESISTANCE 11:51 08.09.2017 The price is still rising, but we've got a bearish "High Wave" at the local high, so there's a local consolidation. However, bulls are likely going to test the next resistance in the short term. If a pullback from this level...

GBP/USD: BULLS FACED WITH RESISTANCE 08:31 08.09.2017 Bulls faced with resistance at 1.3164, so the market is likely going to decline towards the nearest support at 1.3119 - 1.3083. However, if a pullback from this area happens, we could have an upward price movement in the direction of the...

EUR/USD: "DOUBLE TOP" PATTERN 08:29 08.09.2017 The 34 Moving Average has acted as support so the price is rising. However, bulls didn't fixate above the "Runaway Gap", so we could have a local downward correction. Nevertheless, the market is likely going to climb even higher, so we should...

EUR/GBP: BULLS ARE LIFTING THEIR HEADS 07:28 08.09.2017 Recommendation: BUY 0.9215 SL 0.916 TP 0.929 TP2 0.9355 TP3 0.942 On the daily chart, EUR/GBP keeps forming “Spike and reversal with acceleration”. Until the price falls below both trendlines, bulls will retain control of the...

EUR/USD: BULLS NEED A REST 07:17 08.09.2017 Recommendation: SELL 1.2035 SL 1.209 TP 1.1935 On the daily chart, EUR/USD keeps forming “Spike and ledge with acceleration”. The trend’s angle is increasing the risks of correction. The inability of bulls to keep the pair above 1.2062 and 1.2156...

USD/JPY: PULLBACK FROM THE LOWER "WINDOW" 11:36 07.09.2017 There's a pullback from the lower "Window", but we've got a local bearish "Shooting Star", which has been confirmed. So, the market is likely going to test the lower "Window" once again in the short term. We've got a "Doji" and a...

EUR/USD: BULLISH "THREE METHODS" 11:33 07.09.2017 We've got a bullish "Three Methods", which has been confirmed. So, the market is likely going to continue moving up towards the nearest resistance area. If any bearish pattern forms little later on, there'll be an opportunity to have a...

EUR/USD: DEVELOPING WAVE 4 09:41 07.09.2017 There's a developing wave 4, which is likely going to take the form of a zigzag. So, if a pullback from 4/8 MM Level happens, there'll be an opportunity to have a bearish impulse in wave [c]. The main target for wave 4 is 1/8 MM Level. It seems...

GBP/USD: "V-TOP" PATTERN 09:10 07.09.2017 There's a "Thorn" pattern, which pushed the price to the nearest support at 1.3047 - 1.3032. However, bears are likely going to test the next support at 1.2994 - 1.2977 in the short term. If a pullback from these levels happens little later on...

EUR/USD: POSSIBLE TRIANGLE PATTERN 09:07 07.09.2017 The price is still consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1909 - 1.1892. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the...

EUR/JPY: BULLS ARE PREPARING AN ATTACK 07:42 07.09.2017 Recommendation: BUY 130.65 S L 130.1 TP 131.65 TP2 133.8 On the daily chart, EUR/JPY entered the dead zone between the short-term downtrend and the long-term uptrend channels. To develop correction, bears need to form and reach targets...

USD/JPY: YEN IS MOVING THROUGH CHANNELS 07:09 07.09.2017 Recommendations: SELL 108.5 SL 109.05 TP 106.4 BUY 109.75 SL 109.2 TP 112.1 On the daily chart, USD/JPY bulls are trying to leave the short-term descending channel. If they fail and bears manage to renew August low and conquer support...

GBP/USD: CONSOLIDATION OVER CLOUD 06:46 07.09.2017 Technical levels: support – 1.2980/90; resistance – 1.3020/40. Trade recommendations: Buy — 1.3050; SL — 1.3030; TP1 — 1.3100; TP2 — 1.3130. Buy — 1.2990; SL — 1.2970; TP1 — 1.3040; TP2 — 1.3100. Reason: expanding bullish Ichimoku Cloud...

EUR/USD: READY TO CONTINUE UPTREND 06:45 07.09.2017 Technical levels: support – 1.1910; resistance – 1.1960, 1.1990. Trade recommendations: Buy — 1.1910; SL — 1.1890; TP1 — 1.1960; TP2 – 1.1990. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of...