USD/JPY: BULLS WENT THROUGH THE "WINDOW"
11:16 15.09.2017
The 55 Moving Average has acted as support once again, so there's a "Hammer" on this line. Considering confirmation of this pattern, the market is likely going to continue moving up towards the next "Window".
Bulls went through the...
EUR/USD: BULLISH "HAMMER" ON 89 MA
11:14 15.09.2017
We've got a bullish "Hammer" on the 89 Moving Average, but the price faced with the nearest resistance. So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.
The...
GBP/USD: BROKEN "FLAG"
10:35 15.09.2017
The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless, the price is likely going to continue moving up towards the next resistance at 1.3479, which could be a departure point for a bearish...
EUR/USD: "THORN" PATTERN
10:32 15.09.2017
The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating between the 34 & 55 Moving Averages. So, the market is likely going to continue moving up towards the next resistance at...
EUR/GBP: BEARS ORGANIZED A REVERSAL
08:20 15.09.2017
Recommendation:
BUY 0.899
SL 0.8935
TP 0.907 TP2 0.92 TP3 0.93
On the daily chart, EUR/GBP formed “Spike and reversal with acceleration” pattern. A break of trendlines allowed bears to develop a correction towards 0.8765-0.8810. In that...
EUR/USD: BULLS WANT TO ATTACK
08:07 15.09.2017
Recommendation:
BUY 1.1825 SL 1.177 TP1 1.1925 TP2 1.206
BUY 1.1925 SL 1.187 TP1 1.206 TP2 1.2155
On the daily chart, EUR/USD reached targets of “Three Indians”. If bulls fail to keep the pair above 1.1910, the odds of decline towards the lower...
EUR/USD: WAVE 4 TURNED OUT TO BE BIGGER
11:20 14.09.2017
We've got a new local low, so wave 4 turned out to be bigger. Previously, an ending diagonal pattern has been formed in wave [v] of 3. So, there's an opportunity to have just another bullish impulse in wave 5. The main intraday target...
EUR/USD: "HAMMER" ON THE LOWER "WINDOW"
11:01 14.09.2017
We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.
There's a bullish "Hammer" on the lower...
USD/JPY: "WINDOW" ACTING AS SUPPORT
10:54 14.09.2017
The last "Window" has been broken, but the price is consolidating. Also, we've got bearish patterns such a "Harami" and a "Doji", but both of them haven't been confirmed enough. So, the 144 Moving Average is likely going to act as support...
GBP/USD: 55 MA ACTED AS SUPPORT
09:23 14.09.2017
We've got a "V-Top" pattern, which pushed the price to support at 1.3190. Therefore, the market is likely going to reach the nearest resistance at 1.3129 - 1.3249. If a pullback from this area happens, there'll be an opportunity to have a...
EUR/USD: BROKEN "PENNANT"
09:17 14.09.2017
The pair faced support at 1.1864, so the market is likely going to test the nearest resistance area at 1.1909 - 1.1925 in the short term. However, if a pullback from this area happens, we could have another decline in the direction of the next...
USD/JPY: BULLS GRAB THE BIGGEST PIECE OF THE PIE
09:01 14.09.2017
Recommendation:
BUY 109.9
SL 109.35
TP 111.65
BUY 109.4
SL 109.95
TP1 110.9 TP2 111.65
On the daily chart, bulls showed their strength as they managed to lead the pair outside of the long-term descending trend channel. Before...
EUR/JPY: BULLS ARE TAMING A DRAGON
08:46 14.09.2017
Recommendations:
BUY 130.9
SL 130.35
TP1 132 TP2 133.9
BUY 130.65
SL 130.1
TP1 132 TP2 133.9
On the daily chart, the attempt of bulls to settle above 132 failed. To start correction, bears need to conquer diagonal support in the form of the...
EUR/USD: BEARISH "TWEEZERS"
11:43 13.09.2017
We've got an "Engulfing" and a "Belt hold" patterns on the 34 Moving Average. In this case, the market is likely going to test the nearest support once again. If a pullback from this level happens, we could have a bullish price movement towards the...
USD/JPY: "EVENING STAR" THE UPPER "WINDOW"
11:42 13.09.2017
The price reached the 144 Moving Average, so there's a bearish "Doji", which hasn't been confirmed enough. Therefore, we could have a local upward correction in the short term, but bears are likely going to deliver another decline...
GBP/USD: INDIANS ON THE HORIZON
08:52 13.09.2017
Recommendation:
SELL 1.34
SL 1.3455
TP1 1.3265 TP2 1.321
On the daily chart, GBP/USD keeps forming an AB=CD pattern. Its 127.2% target is near the line of “Three Indians”. This increases the risks of correction if bulls show weakness and fail...