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USD/JPY: BULLISH "THREE METHODS" 14:12 31.08.2017 Bulls faced the 144 Moving Average, so we've got a "Shooting Star", but this pattern hasn't been confirmed yet. In this case, the price is likely going to test the nearest resistance level in the short term. If any bearish pattern arrives...

EUR/USD: BEARISH "ENGULFING" 14:07 31.08.2017 The last bearish "Harami" has been confirmed by a "Three Methods" pattern, so the price is declining. The next bearish target is the 55 Moving Average, which could be a departure point for an upward correction. There's a bearish "Engulfing"...

GBP/USD: "THORN" PATTERN 12:47 31.08.2017 The price is still consolidating near the Moving Averages. It seems like the pair is going to test the nearest support area at 1.2891 - 1.2877. However, if a pullback from these levels arrives later on, there'll be an option to have a bullish price...

EUR/USD: "PENNANT" LED TO MASSIVE DECLINE 12:20 31.08.2017 Bears faced support at 1.1875, but the market is likely going to continue falling down. So, we should keep an eye on the 55 Moving Average as an intraday target. If a pullback from this line happens, there'll be an opportunity to have...

USD/JPY: BULLS COUNTERATTACKED 10:37 31.08.2017 Recommendations: BUY 109.7 SL 109.15 TP 111.3 TP2 112.15 BUY 110.9 SL 110.35 TP1 112.15 TP2 114 On the daily chart, bulls managed to move the pair outside of the short-term downtrend and start assailing resistance at 110.52. If they succeed...

EUR/JPY: EURO WANTS FREEDOM 10:27 31.08.2017 Recommendation: BUY 131.8 SL 131.25 TP1 132.8 TP2 134 On the daily chart, EUR/JPY tried to lead the quotes outside of the 127.50-131.30 consolidation range to trigger AB=CD pattern and continue rally towards 134. Never the less, formation of a doji...

GBP/USD: LOOKING FOR SSB 09:42 31.08.2017 Technical levels: support – 1.2900; resistance – 1.2970, 1.3020. Trade recommendations: Buy — 1.2920; SL — 1.2900; TP1 — 1.2970; TP2 — 1.3020. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and...

EUR/USD: CORRECTION TO CLOUD 09:41 31.08.2017 Technical levels: support – 1.1850, 1.1815; resistance – 1.1920, 1.1960. Trade recommendations: Buy — 1.1850; SL — 1.1830; TP1 — 1.1920; TP2 – 1.1960. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen...

EUR/USD: "THREE METHODS" PATTERN 14:56 30.08.2017 There's a bearish "Harami", which has been confirmed by the last "Three Methods" pattern. So, the market is likely going to continue moving down in the short term. We've got a bullish "Harami" on the lower "Window". If this pattern...

USD/JPY: BEARISH "HARAMI" 14:52 30.08.2017 The 89 Moving Average has acted as resistance, so we've got a "Shooting Star". If this pattern confirms, there'll be an opportunity to have a local decline. Anyway, bulls are likely going to deliver a new high afterwards. There's a bearish...

EUR/USD: PULLBACK FROM 7/8 MM LEVEL 14:02 30.08.2017 There's a pullback from 7/8 MM Level, so wave [v] of 3 may have been formed. In this case, we could have a bearish impulse in wave [a]. The main intraday target is 5/8 MM Level. We've got a downward impulse in wave (i), so bears are...

GBP/USD: MARKET GOING TO TEST 34 MA 12:30 30.08.2017 All the Moving Averages have been broken, but there's a "V-Top" pattern, so the market is likely going to test the 34 MA. If a pullback from this line happens little later on, bulls will have a green light to catch the next resistance at...

EUR/USD: "PENNANT" PATTERN 12:28 30.08.2017 There's a "V-Top" pattern, so the price reached the nearest support at 1.1959. However, bears are likely going to test the next support at 1.1909 - 1.1875. If a pullback from this area happens, there'll be an opportunity to have another upward price...

GBP/USD: BEARS SET A TRAP 10:18 30.08.2017 Recommendations: SELL 1.296 SL 1.3015 TP1 1.2845 TP2 1.278 SELL 1.3020 SL 1.3075 TP1 1.2915 TP2 1.2845 On the daily chart, bulls are making jumbo efforts to return the pair inside the long-term bullish channel. Never the less, their inability to...

USD/CHF: BULLS CALLED WOLFE FOR HELP 10:10 30.08.2017 Recommendation: BUY 0.9585 SL 0.953 TP1 0.971 TP2 0.974 On the daily chart, USD/CHF formed a double bottom. The bar with the long lower wick strengthens the odds of the “Dragon” pattern. However, at the beginning bulls need to conquer...

EUR/USD: BEARISH "ENGULFING" 14:49 29.08.2017 The price is still rising, but we're likely going to have a reversal pattern soon. If so, there'll be an opportunity to have a local downward correction. Nevertheless, bulls are going to deliver a new high afterwards. We've got a bearish...

USD/JPY: BULLISH "HAMMER" 14:46 29.08.2017 The price reached the lower "Window", so we could have any reversal pattern soon. If so, bulls are likely going to test the 21 Moving Average. However, if a pullback from this line happens, we could have the market even lower. There's a bullish...

EUR/USD: DEVELOPING BULLISH IMPULSE 13:35 29.08.2017 The price is still rising, cause there's a triangle in wave [iv], so we've got a developing bullish impulse. The main target for wave [v] of 3 is 8/8 MM Level, which could be a departure point for a bearish correction. As we can see on...

GBP/USD: BULLISH "FLAG" 12:28 29.08.2017 All the Moving Averages have been broken, so bulls faced resistance at 1.2958. Nevertheless, the price is likely going to continue rising, so we should keep an eye on the next resistance at 1.2989 - 1.3021 as the next bullish target. The last...

EUR/USD: BULLS WENT THROUGH RESISTANCE 12:25 29.08.2017 Bulls went through resistance at 1.1975 - 1.2003, but the price faced with another resistance at 1.2042. Anyway, the market is likely going to continue moving up, so we should keep an eye on the next resistance at 1.2080 - 1.2123 as a...