CAD/JPY RISING INSIDE MINOR B-WAVE
19:43 16.08.2017
CAD/JPY rising inside minor B-wave
Next buy target - 89.00
CAD/JPY continues rise inside the minor B-wave which started earlier from the support zone lying between the support level 85.60, 50% Fibonacci retracement of the previous upward...
AUD/JPY REVERSED FROM SUPPORT AREA
19:42 16.08.2017
AUD/JPY reversed from support area
Next buy target - 88.00
AUD/JPY has been rising in the last few trading sessions – following the earlier upward reversal from support area lying between the strong support level 85.70 (which reversed earlier...
USD/JPY: PRICE REACHED 89 MOVING AVERAGE
14:56 16.08.2017
The price has reached the 89 Moving Average, but there isn't any reversal pattern so far. We could have a local bearish correction, but the pair is likely going to climb even higher afterwards.
We've got a bearish "Tweezers", but...
EUR/USD: BEARISH "DOJI"
14:52 16.08.2017
There's a bullish "Harami", but this pattern hasn't been confirmed yet. So, the price is likely going to test the 89 Moving Average. If any bullish pattern forms on this line, there'll be an opportunity to have an upward correction.
The 34 & 144...
GBP/USD: ANOTHER BEARISH "PENNANT"
11:46 16.08.2017
The last "Flag" has been broken, so price plunged. It seems like bears are ready to move on, so we should keep an eye on the next support at 1.2830 - 1.2811 as an intraday target. Meanwhile, if a pullback from these levels happens little...
EUR/USD: "V-BOTTOM" PATTERN
11:43 16.08.2017
We've got a "Triple Top", so the price is declining, but bears faced support at 1.1683. Anyway, the market is likely going to test the 89 Moving Average soon. If a pullback from this line happens, we could have an upward price movement towards the...
USD/CAD: BULLS SAW A RED RAG
10:02 16.08.2017
Recommendation: BUY 1,277 SL 1,2715 TP1 1,287 TP2 1,294.
On the daily chart, bulls are trying to develop their advantage and conquer resistance at 1.2737-1.2765. If they succeed, the odds of correction towards 1.2925-1.2939 will increase. To...
GOLD: BULLS SHOWED WEAKNESS
09:50 16.08.2017
Recommendation:
SELL $1267
SL $1280
TP $1250 TP2 $1235 TP3 $1224
On the daily chart, the second attempt of bulls to return the quotes inside the previous medium-term bullish channel failed. If bears manage to let gold outside the short-term...
USD/JPY: BULLISH "THREE METHODS"
14:04 15.08.2017
There isn't any reversal pattern so far, cause all the last candles are bullish. Therefore, the market is likely going to test the 89 Moving Average in the coming hours.
We've got a bullish "Three Methods", which hasn't been confirmed yet...
EUR/USD: 55 MA TESTED ONCE AGAIN
14:01 15.08.2017
The 55 Moving Average has been tested once again, but we still don't have any confirmed bullish pattern. So, we could have a new local low soon. If another pullback from the nearest support happens, there'll be an option to have an upward...
AUD/USD IS GETTING READY FOR A BREAK
11:12 15.08.2017
Recommendations: BUY 0.7918 SL 0.7863 TP 0.8030, SELL 0.7838 SL 0.7893 TP 0.7740
On the daily chart, AUD/USD keeps consolidating in the range between 0.7835 and 0.7915. The break of its upper border will create an opportunity for the...
GBP/USD: BEARISH "PENNANT"
10:08 15.08.2017
The price is consolidating between the levels 1.3032 - 1.3047. Also, there's a "Flag" pattern, so bears are likely going to achieve the closest support at 1.2926 - 1.2951. If a pullback from this area happens, we should keep an eye on the nearest...
EUR/USD: BEARS GOING TO TEST NEXT SUPPORT
10:05 15.08.2017
Bulls faced resistance at 1.1846, so there's a "Triple Top", which pushed the price to support at 1.1757. So, the market is likely going to test the nearest support at 1.1712 in the short term. If a pullback from this level happens...
USD/JPY: "DOJI" PUSHED PRICE HIGHER
14:19 14.08.2017
The last "Doji" pushed the price higher. However, there isn't any bearish pattern so far, so the pair is likely going to test the next Moving Average. If a pullback from this line happens, we could have just another decline.
We've got a...
EUR/USD: "HARAMI" AND "ENGULFING"
14:18 14.08.2017
The 55 Moving Average has acted as support, but there's a bearish "Doji" on the last high. So, the price is likely going to test the 34 MA, which could be a departure point for another upward price movement.
There are bearish patterns such...
GBP/USD: 55 MA ACTING AS RESISTANCE
12:17 14.08.2017
The price is consolidating between the levels 1.3032 - 1.3047. Also, we've got a "Triangle", but the 89 Moving Average is acting as support. Anyway, bulls are likely going to test the nearest resistance at 1.3058 - 1.3081. If a pullback...