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EUR/GBP: BULLS ARE RESUMING THE TREND 07:39 06.10.2017 Recommendation: BUY 0.8945 SL 0.889 TP1 0.902 TP2 0.9085 On the daily chart, EUR/GBP keeps forming the invested “Shark” pattern and resuming the uptrend. A break of diagonal resistance and settling above 0.8929 will increase the risks...

EUR/USD IS BUILDING A FORTRESS 07:17 06.10.2017 Recommendation: BUY 1.1595 SL 1.1540 TP 1.1710 On the daily chart, EUR/USD fell below 1.17 (88.6% target of the “Shark” pattern). Bulls are ready to test support at 1.1685 (23.6% of the last bullish wave). Success will open the way to 113%...

EUR/USD: DEVELOPING "THREE BLACK CROWS" 11:51 05.10.2017 There's a bullish "Engulfing", which has been confirmed by the last "Three Methods" pattern. So, the 34 Moving Average is likely going to act as resistance in the short term. If a pullback from this line happens, we could have another...

USD/JPY: 144 MA GOING TO ACT AS SUPPORT 11:49 05.10.2017 The price is consolidating above the "Window", which is likely going to act as support once again soon. If a pullback from the 34 Moving Average happens, there'll be an opportunity to have another upward price movement. There's a...

EUR/USD: LEADING DIAGONAL IN WAVE (I) 08:53 05.10.2017 The price faced with support on 0/8 MM Level, so wave 4 may have been ended as a zigzag pattern. In this case, we're likely going to have an upward impulse in wave , so we should keep an eye on 3/8 MM Level as the nearest bullish target...

GBP/USD: "PENNANT" PATTERN 08:45 05.10.2017 Bears faced with support at 1.3223, so the price is consolidating near the 89 Moving Average. Also, there's a "Flag" pattern, so the market is likely going to reach the nearest support st 1.3182 - 1.3150 in the short term. If a pullback from these...

EUR/USD: PRICE GOING TO REACH 89 MA 08:43 05.10.2017 The price is consolidating between the levels 1.1739 - 1.1793. It's likely that the market is going to test the 34 Moving Average during the day. If a pullback from this line happens later on, we could have just another decline towards the...

USD/CAD: LOONIE IS BREAKING THE TREND 07:34 05.10.2017 Recommendation: BUY 1.2595 SL 1.254 TP1 1.2715 TP2 1.292 TP3 1.325 On the daily chart, USD/CAD bulls managed to overcome resistance at 1.2462. If they manage to conquer the level of 1.2717, the risks of an inverted “Shark” pattern will...

[B[EUR/JPY: THE TRUCE HAS RUN OVER TIME[/B] 07:16 05.10.2017 Recommendations: BUY 133.05 SL 132.5 TP1 134.05 TP2 135 SELL 132 SL 132.55 TP1 131.25 TP2 130.4 TP3 129.8 On the daily chart, EUR/JPY is consolidating within a bullish trend. A break of its lower border and exit outside the uptrend...

AUD/USD: AUSSIE TESTED CLOUD’S RESISTANCE 07:13 05.10.2017 Technical levels: support – 0.7800; resistance – 0.7880. Trade recommendations: Buy — 0.7830; SL — 0.7810; TP1 — 0.7880; TP2 — 0.7900. Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and...

GBP/USD: BREAKDOWN OF SUPPORT 07:13 05.10.2017 Technical levels: support – 1.3200, 1.3090; resistance – 1.3280. Trade recommendations: Sell — 1.3190; SL — 1.3210; TP1 — 1.3090; TP2 — 1.3050. Reason: expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and...

EUR/USD: BULLISH "ENGULFING" 11:28 04.10.2017 There's a bullish "Engulfing", which has been confirmed enough. So, the market is likely going to continue moving up towards the nearest resistance area, which could be a departure point for another decline. We've got a bullish "Hammer", but...

USD/JPY: "TOWER" LED TO DECLINE 11:24 04.10.2017 The price is still consolidating. Also, there's a "Hanging Man", which has been formed at the last local high. So, the 34 Moving Average is likely going to act as support. If so, we could have another bullish rally afterwards. The last...

EUR/USD: POSSIBLE EXTENSION IN THE THIRD WAVE 10:27 04.10.2017 There's a pullback from 0/8 MM Level, so wave 4 may have been formed. Therefore, there's an opportunity to have an upward impulse in wave . The main intraday target is 2/8 MM Level, which could be a departure point for a downward...

GBP/USD: "TRIPLE BOTTOM" 09:00 04.10.2017 Bears faced with support at 1.3223, so there's a "Triple Bottom", which pushed the price to the closest resistance at 1.3278. Meanwhile, the market is likely going to continue moving up towards the 34 Moving Average. If this line acts as resistance...

EUR/USD: "PENNANT" LED TO FORM NEW HIGH 08:58 04.10.2017 There's a "V-Bottom" pattern, so the price reached the nearest resistance at 1.1772. Nevertheless, the market is likely going to achieve the 89 Moving Average in the short term. If a pullback from this line happens, we could have a...

GBP/USD: BEARS CREATED A TRAP 07:52 04.10.2017 Recommendation: SELL 1.332 SL 1.3375 TP 1.321 TP2 1.3105 SELL 1.338 SL 1.3435 TP1 1.328 TP2 1.321 On the daily chart, after GBP/USD formed AB=CD and “Three Indians” patterns, there was a pullback. Bulls are currently trying to return in the game...

USD/CHF: FRANC WENT OFF THE ROAD 07:27 04.10.2017 Recommendations: SELL 0.971 SL 0.9765 TP1 0.9585 TP2 0.954 SELL 0.9645 SL 0.97 TP1 0.9585 TP2 0.954 On the daily chart, the inability of bulls to settle above 0.9760 points at their weakness. If bears manage to use the pin bar, the odds of...

USD/JPY: DOLLAR WILL TEST CLOUD’S SUPPORT 05:41 04.10.2017 Technical levels: support – 112.30/40; resistance – 113.00, 113.30. Trade recommendations: Buy — 112.60; SL — 112.40; TP1 — 113.30; TP2 — 114.00. Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen...

EUR/USD: EURO CORRECTED TO KIJUN-SEN 05:41 04.10.2017 Technical levels: support – 1.1700; resistance – 1.1770. Trade recommendations: Sell — 1.1750; SL — 1.1770; TP1 — 1.1700; TP2 – 1.1650 Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and...