Search results

EUR/USD: BULLISH "THREE METHODS" 12:30 29.09.2017 The last "Inverted Hammer" and "Engulfing" patterns led to the current bullish price movement. Also, there's a "Three Methods", so we could have the price even higher. However, if a pullback from the nearest resistance happens little later on...

GBP/USD: "PENNANT" PATTERN 09:17 29.09.2017 The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward "Wedge", so the pair is likely going to reach the nearest resistance at 1.3479 - 1.3533 in the short term. If a pullback from this area happens, we...

EUR/USD: "DOUBLE BOTTOM" 09:14 29.09.2017 There's a "Double Bottom", so the price reached the nearest resistance at 1.1793. Meanwhile, the market is likely going to continue moving up towards the next resistance at 1.1822 - 1.1837. If a pullback from this area happens, we could have a decline...

EUR/GBP: BULLS COUNTERATTACKED 07:41 29.09.2017 Recommendations: BUY 0.881 SL 0.8755 TP1 0.891 TP2 0.9 SELL 0.8755 SL 0.881 TP 0.8655 On the daily chart, EUR/GBP bulls are trying to hold at the lower border of the 0.8775-0.8900 consolidation range. If they fail, a formation of the “Shark”...

EUR/USD: EURO PAINTED A WEDGE 07:31 29.09.2017 Recommendation: SELL 1.1870 SL 1.1925 TP 1.1755 SELL 1.1910 SL 1.1965 TP 1.1790 On the daily chart, EUR/USD keeps forming “Shark” pattern and “Head and Shoulders”. Further fate of the pair will depend on the test of the neckline. There’s an...

AUD/USD: AUSSIE REACHED MAIN SUPPORT 06:48 29.09.2017 Technical levels: support – 0.7800, 0.7830; resistance – 0.7880, 0.7900. Trade recommendations: Buy — 0.7840; SL — 0.7820; TP1 — 0.7880; TP2 — 0.7900. Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen...

GBP/USD: POUND SUPPORTED INSIDE CLOUD 06:47 29.09.2017 Technical levels: support – 1.3310, 1.3380; resistance – 1. 3560. Trade recommendations: Buy — 1.3400; SL — 1.3380; TP1 — 1.3510; TP2 — 1.3560. Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen...

EUR/USD: TWO PULLBACKS FROM 0/8 MM LEVEL 13:06 28.09.2017 Wave 4 may have been formed like a zigzag, cause there's a pullback from 0/8 MM Level. Therefore, we're likely going to have an upward impulse in wave 5 soon. There are two pullbacks from 0/8 MM Level in a row, so the price is...

USD/JPY: BEARISH "ENGULFING 12:42 28.09.2017 We've got a bearish "Engulfing", but confirmation of this pattern is a quite weak. So, we could have just a local correction. In this case, bulls are likely going to break the last high once again. There are a "Harami" and a "High Wave"...

EUR/USD: BULLISH "TWEEZERS" PATTERN 12:40 28.09.2017 There are bullish patterns such an "Inverted Hammer" and an "Engulfing", which both have been confirmed enough. So, we could have a local upward correction. If a pullback from the nearest resistance happens, bears will try to deliver a new...

GBP/USD: BEARISH "PENNANT" 09:07 28.09.2017 There's a downward "Wedge", so the market is likely going to decline towards the nearest support at 1.3328 - 1.3278. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement in the direction...

EUR/USD: PRICE GOING TO CONTINUE FALLING 09:05 28.09.2017 Bears faced with support at 1.1714, so the price is consolidating. However, the market is likely going to continue falling down towards the next support at 1.1688 - 1.1661. If a pullback from this area happens, we could have an upward...

USD/JPY: DOLLAR REACHED NEW HIGHS 07:28 28.09.2017 Technical levels: support – 112.40; resistance – 113.40. Trade recommendations: Sell — 113.40; SL — 113.60; TP1 — 112.60; TP2 — 112.20. Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen...

EUR/USD: EURO ON MAIN SUPPORT 07:25 28.09.2017 Technical levels: support – 1.1725; resistance – 1.1800, 1.1875. Trade recommendations: Buy — 1.1725; SL — 1.1700; TP1 — 1.1800; TP2 – 1.1825. Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen...

USD/JPY: BULLS KEEP PUSHING 07:15 28.09.2017 Recommendation: BUY 112.5 SL 111.95 TP1 113.7 TP2 114.25 TP3 115.3 BUY 111.85 SL 111.35 TP1 113.7 TP2 114.25 On the daily chart, USD/JPY approached 88.6% target of the inverted “Shark” pattern. If they succeed to keep the pair above 113, the pair...

EUR/JPY: BEARS ARE LOSING POWER 07:10 28.09.2017 Recommendation: BUY 133.05 SL 132.5 TP1 134.45 TP2 135.5 On the daily chart, after EUR/JPY reached 161.8% target of AB=CD and corrected, it rebounded from the key support level at 132.05. Bulls are trying to use pin bar and resume the uptrend...

EUR/USD: PRICE ACHIEVED 0/8 MM LEVEL 13:33 27.09.2017 The price is still declining. It seems like wave 4 is taking the form of a zigzag, which is about to end. So, if a pullback from 0/8 MM Level happens later on, there'll be an opportunity to have wave of 5. The pair has achieved 0/8 MM...

USD/JPY: PAIR GOING TO CONTINUE MOVING UP 12:48 27.09.2017 The last "Window" has been broken, so we don't have any reversal pattern so far. In this case, the pair is likely going to continue moving up towards the next resistance level. We've got a bearish "Harami", which hasn't been...

EUR/USD: BEARISH "THREE METHODS" 12:45 27.09.2017 We've got a bearish "Three Methods" pattern, so the price is declining. There isn't any reversal pattern so far, which means bears are likely going to push the price even lower in the short term. There's a bullish "Harami", but this pattern...

GBP/USD: BEARS GOING TO TEST ANOTHER SUPPORT 08:34 27.09.2017 The local uptrend has been broken, so the pair is likely going to decline in the direction of the next support at 1.3328 - 1.3278. However, if we have a pullback from these levels, there'll be an opportunity to have an upward...