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USD/JPY: "WINDOW" ACTED AS RESISTANCE 09:52 22.09.2017 The upper "Window" has acted as resistance, so we've got a "Shooting Star" pattern, which has been confirmed. However, bulls are likely going to test the "Window" once again in the short term. If we have another pullback from this level...

EUR/USD: PRICE GOING TO TEST 34 MA 09:50 22.09.2017 The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which pushed the price to the nearest resistance. In this case, the market is likely going to test the 34 MA, which could be a departure point for another upward...

EUR/GBP: BULLS BEFRIEND A DRAGON 07:50 22.09.2017 ????????????: BUY 0.89 SL 0.8845 TP1 0.8985 TP2 0.904 On the daily chart, bulls are trying to catch hold of 0.8810 (50% of the last bullish wave). To counterattack in order to resume the uptrend, they need to conquer resistance at 0.8900. On...

EUR/USD IS MAKING A CHOICE 07:38 22.09.2017 Recommendation: SELL 1.1825 SL 1.188 TP 1.171 BUY 1.2025 SL 1.197 TP 1.2155 On the daily chart, EUR/USD broke below the diagonal support and left the uptrend channel. This increases the possibility of a “Shark” and “Head and Shoulders”. Their...

EUR/USD: DEVELOPING TRIANGLE IN WAVE 4 07:26 22.09.2017 There's a pullback from 7/8 MM Level, so we've got a developing triangle in wave 4. It's likely that the price is going to test the lower side of this pattern. If a pullback from this level happens, there'll be an opportunity to have an...

GBP/USD: BULLISH "PENNANT" 07:07 22.09.2017 The price is consolidating between the levels 1.3652 - 1.3444. Tha main intraday target is the nearest resistance at 1.3625 - 1.3681. If a pullback from this area arrives little later on, there'll be an opportunity to have a decline in the direction...

EUR/USD: "V-BOTTOM" PUSHED PRICE HIGHER 07:05 22.09.2017 The main trend is still bullish, so we've got a "V-Bottom" pattern, which pushed the price higher. So, the market is likely going to continue rising towards the next resistance at 1.2021 - 1.2033. If a pullback from this area happens...

USD/JPY: DOLLAR IS CORRECTED TO KIJUN-SEN 06:31 22.09.2017 Technical levels: support – 112.00; resistance – 112.70. Trade recommendations: Buy — 112.00; SL — 109.80; TP1 — 112.70; TP2 — 113.40. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of...

GBP/USD: POSITIVE SENTIMENTS RETURNED TO MARKET 06:30 22.09.2017 Technical levels: support – 1.3550; resistance – 1. 3650. Trade recommendations: Buy — 1.3550; SL — 1.3530; TP1 — 1.3650; TP2 — 1.3700. Reason: expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled...

USD/JPY: BEARISH "HARAMI" 11:24 21.09.2017 We've got a "Shooting Star", but this pattern hasn't been confirmed yet. So, we could have a local downward correction. If any bullish pattern arrives afterwards, there'll be an opportunity to have another upward price movement. There's a bearish...

EUR/USD: BULLISH "HIGH WAVE" 11:20 21.09.2017 The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. So, we could have an upward correction and a decline afterwards. There's a bullish "High Wave", which has been confirmed. In this case, the...

GBP/USD: 55 MA ACTED AS SUPPORT 09:40 21.09.2017 There's a "Double Top", but the price is consolidating. It's likely that bears are going to reach the nearest support at 1.3374. Meanwhile, if we have a pullback from this level, bulls will probably try to reach the closest resistance...

EUR/USD: BEARISH "PENNANT" 09:37 21.09.2017 We've got a "Triple Top", so the market has plunged. In this case, we should keep an eye on the next support at 1.1837 - 1.1822 as an intraday target. If a pullback from this area happens, we could have an upward correction in the direction of the...

USD/JPY: BULLS ARE BREAKING OBSTACLES 07:53 21.09.2017 Recommendations: BUY 112.1 SL 111.55 TP1 113.3 TP2 113.85 BUY 111.85 SL 111.3 TP1 112.85 TP2 113.3 On the daily chart, USD/JPY keeps going north towards 88.6% target of the “Shark” pattern. Bulls showed their strength by managing to...

EUR/JPY: BULLS FULFILLED THEIR MISSION 07:43 21.09.2017 Recommendation: SELL 133.25 SL 133.8 TP 132.3 On H1, EUR/JPY reached 161.8% target of the junior and senior AB=CD patterns. This increases the risks of a pullback to the uptrend. Never the less, as long as the pair’s inside the uptrend...

EUR/USD: DEVELOPING DOUBLE ZIGZAG 07:07 21.09.2017 Wave 4 turned out to be bigger, so 5/8 MM Level is likely going to be tested once again. If a pullback from this level arrives later on, there'll be an opportunity to have wave 5. In this case, we should keep an eye on 8/8 MM Level as an...

EUR/USD: POSSIBLE WEDGE IN WAVE 13:18 20.09.2017 We've got a pullback from 5/8 MM Level, so wave 4 has been ended. The price is rising, so we could have a bullish impulse in wave 5. The main intraday target is 8/8 MM Level. There's a possible wedge, which could be wave , so bears are...

USD/JPY: BEARS GOING TO TEST NEAREST "WINDOW" 12:23 20.09.2017 There are a "Shooting Star" and a "Harami" patterns, which both have been confirmed enough. In this case, bears are likely going to test the nearest "Window", which could be a departure point for another upward price movement...

EUR/USD: BEARISH "SHOOTING STAR" 12:21 20.09.2017 There's a reversal "Doji" pattern, which hasn't been confirmed yet. Therefore, the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have another upward price movement...

GBP/USD: DEVELOPING "PENNANT" PATTERN 10:49 20.09.2017 There's a "Double Top", which has been confirmed, so the price is consolidating. The main intraday target is the nearest support at 1.3444. If we have a pullback from this level, there'll be an option to have a bullish price movement...