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EUR/USD: "DOUBLE TOP" PATTERN 10:47 20.09.2017 Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975 in the short term. If a pullback from this area happens, there'll be an opportunity to have an upward price...

GBP/USD: BULLS MADE A STOP 05:35 20.09.2017 Recommendation: BUY 1.357 SL 1.3515 TP 1.367, SELL 1.3465 SL 1.352 TP1 1.34 TP2 1.3325 On the daily chart, GBP/USD formed an inside bar. It points at the indecisiveness of market players. A break of the inside bar’s low together with the formation...

USD/CHF: BULLS ARE STUBBORN 05:28 20.09.2017 Recommendation: BUY 0.965 SL 0.9495 TP1 0.9745 TP2 0.9785 On the daily chart, bulls are still hoping to form a “Dragon” pattern. The first step will be the pair’s exit out of the short-term consolidation range between 0.9575 and 0.9650. The...

USD/JPY: "TWEEZERS" AND "HARAMI" 14:17 19.09.2017 The last bearish "Shooting Star" hasn't been confirmed yet. So, we could have a local decline in the short term and another bullish price movement afterwards. We've got bearish patterns such a "Tweezers" and a "Harami", which both have...

EUR/USD: 89 MA ACTED AS SUPPORT 14:15 19.09.2017 The 89 Moving Average has acted as support, so we've got a "Shooting Star", but this pattern remains unconfirmed. So, the price is likely going to continue moving up towards the next "Window". We've got a "High Wave", which has been...

GBP/USD: BEARISH "DOUBLE TOP" 09:56 19.09.2017 We've got a bearish "Double Top", which has been confirmed, so the price reached the nearest support at 1.3497. Nevertheless, the market is likely going to test the next support at 1.3444 - 1.3374 in the coming hours. If a pullback from this area...

EUR/USD: "PENNANT" LED TO BULLISH RALLY 09:53 19.09.2017 The 34 Moving Average has acted as support, so the price is rising. So, we should keep an eye on the next resistance at 1.2029 - 1.2042 as an intraday target. If a pullback from this area arrives little later on, there'll be an...

XAU/USD: BEARS WANT MORE 07:20 19.09.2017 Recommendation: SELL $1302 SL $1317 TP1 $1379 TP2 $1268 On the daily chart, bears managed to pull the pair below $1320.4-1321.6 an ounce. A break of the lower border of the uptrend channel will strengthen the risks of a pullback towards $1279 and...

GBP/USD: POUND IS OVERBOUGHT 08:18 19.09.2017 Technical levels: support – 1.3400; resistance – 1. 3575. Trade recommendations: Sell — 1.3575; SL — 1.3595; TP1 — 1.3500; TP2 — 1.3475. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen...

EUR/USD: BULLS RETURNED INTO MARKET 08:17 19.09.2017 Technical levels: support – 1.1960; resistance – 1.2000, 1.2090. Trade recommendations: Buy — 1.1960; SL — 1.1940; TP1 — 1.2000; TP2 – 1.2090. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen...

USD/CAD: BULLS DECIDED TO COUNTERATTACK 07:32 19.09.2017 Recommendation: SELL 1.242 SL 1.2475 TP1 1.232 TP2 1.2185 On the daily chart, USD/CAD pulled back after reaching the 200% target of AB=CD. If bulls manage to get to resistance at 1.2310, the road to the upper border of the uptrend...

EUR/USD: BULLS GOING TO DELIVER REST OF WAVE 5 05:14 19.09.2017 The price has been rising since a pullback from 5/8 MM Level happened. If the pair fixates above 6/8 MM Level, bulls are likely going to deliver the rest of wave 5. In this case, we should keep an eye on 8/8 MM Level as the next...

EUR/USD: 0/8 MM LEVEL ACTED AS SUPPORT 12:37 18.09.2017 We've got a pullback from 5/8 MM Level, so wave 4 has been finished. In this case, we could have another bullish impulse in wave 5 in the short term. The main intraday target is 8/8 MM Level. 0/8 MM Level acted as support, so there's...

USD/JPY: BULLISH "HAMMER" 11:13 18.09.2017 We've got a bullish "Hammer", which has been confirmed. So, just after the local correction, the market is likely going to continue rising towards the nearest resistance area. There are bearish patterns such a "Tweezers" and an "Engulfing", but...

EUR/USD: BROKEN "WINDOW" 11:11 18.09.2017 We've got a "Tweezers" and a "Harami", but confirmation of both patterns is quite weak. So, we could have a local upward price movement and a decline towards the Moving Averages afterwards. The last "Window" has been broken. Also, there isn't any...

GBP/USD: BULLISH "FLAG" 09:02 18.09.2017 The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach the closest resistance at 1.3652 - 1.3681 soon. However, if a pullback from this area happens, we could have a decline towards the next...

EUR/USD: "V-BOTTOM" PATTERN 09:00 18.09.2017 Bulls faced with resistance at 1.1994, so we've got a "V-Bottom" pattern, which pushed the price to the 34 Moving Average. Therefore, the market is likely going to decline towards the nearest support area at 1.1909 - 1.1892. If we have a pullback...

AUD/USD IS SETTING A TRAP 07:41 18.09.2017 Recommendation: SELL 0.8055 SL 0.811 TP1 0.802 TP2 0.8005 On the daily chart, bulls managed to defend support in the form of the upper border of the triangle and lower border of the uptrend medium-term channel. This increases the chance that the...

NZD/USD: KIWI IS RESUMING TREND 07:17 18.09.2017 Recommendation: BUY 0.7305 SL 0.725 TP1 0.745 TP2 0.7505 On the daily chart, NZD/USD is forming 5-0 senior pattern and the junior “Bat” pattern. Triggering of the latter will increase the risks of continuation towards 88.6%. On H1, NZD/USD...

EUR/USD: 0/8 MM LEVEL HAS ACTED AS SUPPORT 11:33 15.09.2017 There's a pullback from 5/8 MM Level, so wave 4 may have been formed. In this case, we could have another bullish impulse in wave 5. The main intraday target is 8/8 MM Level. 0/8 MM Level has acted as support, so the price is...