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USD/JPY: "WINDOW" ACTING AS SUPPORT 12:27 03.10.2017 The nearest "Window" is acting as support, which is likely going to be tested once again in the short term. If we have another pullback from the "Window", bulls will probably try to deliver a new local high. We've got a bearish "Tower"...

EUR/USD: BULLISH "ENGULFING" 12:25 03.10.2017 There's a bullish "Engulfing", which has been formed at the last local low. Considering confirmation of this pattern, the market is likely going to test the Moving Averages. If a pullback from these lines happens, we could have another decline...

GBP/USD: "V-BOTTOM" PATTERN 12:12 03.10.2017 We've got a "V-Bottom", so there's an opportunity to have a local bullish correction. Meanwhile, bears are likely going to test the next support at 1.3182 - 1.3150 afterwards. If we have a pullback from this area, bulls will probably try to deliver...

EUR/USD: CONFIRMED "DOUBLE BOTTOM" 12:10 03.10.2017 Bears faced with support at 1.1688, so we've got a "V-Bottom". In this case, the market is likely going to reach the nearest resistance at 1.1772 - 1.1793 in the coming hours. If a pullback from this area happens, we could have a decline...

AUD/USD: AUSSIE MAY RETURN TO CLOUD 07:39 03.10.2017 Technical levels: support – 0.7800; resistance – 0.7880, 0.7900. Trade recommendations: Buy — 0.7820; SL — 0.7800; TP1 — 0.7880; TP2 — 0.7900. Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and...

GBP/USD: POUND BOUNCED FROM SSB’S 07:38 03.10.2017 Technical levels: support – 1.3250/80; resistance – 1.3340, 1. 3410. Trade recommendations: Buy — 1.3270; SL — 1.3250; TP1 — 1.3340; TP2 — 1.3410. Reason: narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen...

USD/CAD: LOONIE IS BREAKING THE TREND 07:38 03.10.2017 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 1.2717 with ease, the odds of triggering the “Shark” patter will...

XAU/USD: BEARS ARE ATTACKING 06:53 03.10.2017 Recommendation: BUY $1254 SL $1240 TP1 $1281 TP2 $1300 TP2 $1315 On the daily chart, XAU/USD went to an important support at $1267.6 an ounce. If bears manage to conquer it, risks of continuation towards the lower border of uptrend channel will...

EUR/USD: "SHOOTING STAR" AT THE LOCAL HIGH 11:56 02.10.2017 There's a "Shooting Star", which has been formed at the last local high. This pattern has been confirmed, so the pair is likely going to decline towards the nearest support level. The last bearish "Three Methods" pattern led to...

USD/JPY: "HAMMER" ON 34 MOVING AVERAGE 11:58 02.10.2017 The 34 Moving Average has acted as support, so we've got a "Hammer" in this line. Therefore, bulls are likely going to test the upper "Window" in the short term. If a pullback from this level happens later on, we could have a downward...

EUR/USD: PULLBACK FROM 0/8 MM LEVEL 08:22 02.10.2017 Wave 4 has been finished, cause there's a pullback from 0/8 MM Level. Also, there's an upward impulse in wave , so we've got developing wave [ii], which is about to end. In this case, we're likely going to have another upward impulse in...

GBP/USD: MOVING AVERAGES ACTED AS RESISTANCE 07:52 02.10.2017 The price is consolidating in a range of the developing "Wedge". So, the upper side of this pattern is likely going to be broken soon. The main intraday target is the nearest resistance at 1.3479 - 1.3533, which could be a...

EUR/USD: BROKEN UPWARD "WEDGE" 07:50 02.10.2017 There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to continue declining towards the next support at 1.1739 - 1.1714. If a pullback from this area happens, we could have an...

AUD/USD: BEARS MADE A STOP 07:05 02.10.2017 Recommendation: SELL 0.781 SL 0.7865 TP 0.7725 TP2 0.761 BUY 0.786 SL 0.7805 TP1 0.7915 TP2 0.7935 On the daily chart, AUD/USD reached 88.6% target of the “Bat” pattern. This increases the odds of the pair’s growth. On the other hand, if the Aussie...

NZD/USD: WILL KIWI RETURN TO BEARS? 06:59 02.10.2017 Recommendations: BUY 0.7225 SL 0.728 TP1 0.728 TP2 0.737 SELL 0.7175 SL 0.7105 TP2 0.705 On the daily chart, the inability of bulls to hold the pair above the lower border of the bullish trend channel increases the risks of the pair’s...

GBP/USD: POUND WILL TEST SSB’S SUPPORT 06:50 02.10.2017 Technical levels: support – 1.3280; resistance – 1. 3410. Trade recommendations: Buy — 1.3280; SL — 1.3260; TP1 — 1.3410; TP2 — 1.3460. Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and...

EUR/USD: EURO MAY RETURN TO CLOUD 06:49 02.10.2017 Technical levels: support – 1.1725, 1.1750; resistance – 1.1800, 1.1825. Trade recommendations: Buy — 1.1750; SL — 1.1730; TP1 — 1.1800; TP2 – 1.1825. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of...

GOLD (XAU/USD) LOOKING TO MAKE A STRONG REBOUND 19:30 01.10.2017 Bears have been the headliners in the Gold’s price action across the board and according to the H4 chart, XAU/USD is expected to finish a correction started since three weeks ago. Between the 1280.95 and 1258.04 we’re expecting a...

EUR/USD: PULLBACK FROM 0/8 MM LEVEL 12:47 29.09.2017 There's a pullback from 0/8 MM Level, so wave 4 may have been formed. The price is rising and it seems like wave is about to end. So, if 2/8 MM Level acts as resistance, we could have wave [ii]. We've got a developing bullish impulse...

USD/JPY: PRICE GOING TO TEST 55 MA 12:32 29.09.2017 We've got a bearish "Engulfing" pattern, which is still on the table. So, the price is likely going to test the 55 Moving Average, which could be a departure point for another upward price movement. There's a bullish "Harami", which has...