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NZD/USD TOOK A BREAK 09:54 01.08.2017 Recommendation: BUY 0.7525 SL 0.7470 TP1 0.7700, TP2 0.7900 On the daily chart, NZD/USD reached 113% target of the inverted “Shark” pattern. This increases the risks of correction, but doesn’t cancel the long-term uptrend. Increase towards 0.7900...

USD/JPY: YEN GAINS POWER 09:46 01.08.2017 On the daily chart, bears managed to pull the pair below 110.50 (23.6% of the last descending wave) and settled below this level. Sellers retain control of the pair and pull the pair towards 200% target of AB=CD pattern. In order to counterattack, bulls...

USD/JPY: DOLLAR MADE NEW LOCAL LOWS 08:28 01.08.2017 Technical levels: support – 110.00; resistance – 110.50. Trade recommendations: Sell — 110.50; SL — 110.70; TP1 — 110.00; TP2 — 109.60. Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and...

GBP/USD: POUND IS UNDER MAIN RESISTANCE 08:26 01.08.2017 Technical levels: support – 1.3160; resistance – 1.3230. Trade recommendations: Sell — 1.3210; SL — 1.3230; TP1 — 1.3160; TP2 — 1.3110. Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and...

EUR/USD: BEARISH IMPULSE IN WAVE (I) 17:15 31.07.2017 The price is consolidating between the levels +1/8 & 8/8. If the pair fixates under 8/8 MM Level, there'll be an opportunity to have bearish wave [a]. In this case, we should keep an eye on 5/8 MM Level as an intraday target It's likely...

USD/JPY: "HARAMI" PATTERN 16:38 31.07.2017 We've got a "Harami" pattern, which just has been formed. Therefore, there's an opportunity to have a local upward correction, but bears will probably try to deliver a new local low afterwards. There's a "Shooting Star", which has confirmation. In...

EUR/USD: "ENGULFING" AND "TWEEZERS" 16:34 31.07.2017 There are bearish patterns such a "Shooting Star, an "Engulfing" and a "Tweezers". However, confirmation of these patterns isn't enough, so we could have just a local downwards correction. If a pullback from the nearest support happens...

USD/CHF: FRANC IS RIDING THE WAVES 10:08 31.07.2017 Recommendation: BUY 0.9720, SL 0.9665, TP1 0.9860, TP2 0.9890 On the daily chart, USD/CHF has reached the targets of “Wolfe waves” pattern. Thanks to it, the pair left the medium-term bearish channel. If the pair rises to July high, there...

GBP/USD: THE RISK OF REVERSAL 09:55 31.07.2017 Recommendations: SELL 1.3060, SL 1.3115, TP 1.2950 BUY 1.3160, SL 1.3105, TP 1.3260 On the daily chart, bears are trying to return GBP/USD inside the previous consolidation range of 1.2930-1.3120. If the pair comes down to its middle, the...

GBP/USD: "V-TOP" PATTERN 09:51 31.07.2017 The price faced resistance at 1.3158, so we've got a "V-Top" pattern, which pushed the pair to support at 1.3116. In this case, bears are likely going to test the next support at 1.3083 during the day. If a pullback from this level happens, there'll...

EUR/USD: CONFIRMED "TRIPE TOP" 09:49 31.07.2017 Bulls faced resistance at 1.1757, so the price is consolidating. Therefore, we should keep an eye on the nearest support at 1.1679 as an intraday target. If a pullback from this level happens, there'll be an opportunity to have an upward price...

AUD/USD: BULLS TEMPORARILY QUIETED DOWN 09:21 31.07.2017 Technical levels: support – 0.7970, 7930; resistance – 0.8020, 0.8080. Trade recommendations: Buy — 0.7970; SL — 0.7950; TP1 — 0.8020; TP2 — 0.8080. Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a golden cross of Tenkan-sen...

EUR/USD: EURO GATHERS STRENGTH 09:20 31.07.2017 Technical levels: support – 1.1700; resistance – 1.1830. Trade recommendations: Buy — 1.1700; SL — 1.1680; TP1 — 1.1780; TP2 – 1.1830. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and...

USD/JPY: PRICE REACHED LOWER "WINDOW" 10:30 28.07.2017 The middle of the last black candle has acted as resistance, so we've got a "Shooting Star" pattern. However, we could have a local upward correction in the short term. Nevertheless, bears are likely going to deliver a new local low...

EUR/USD: BEARS GOING TO MOVE ON 10:28 28.07.2017 We've got bearish patterns such a "Shooting Star", a "Three Black Crows" and an "Engulfing", which all have been confirmed enough. So, bears are likely going to continue pushing the price lower, which means we could have a new local low soon...

GBP/USD: BEARISH "PENNANT" PATTERN 10:16 28.07.2017 Bulls faced resistance at 1.3137, so there's a "Double Top" pattern, which pushed the price to support at 1.3057. It's likely that bears are going to reach another support at 1.3029 in the short term. Meanwhile, if a pullback from this level...

EUR/USD: "V-TOP" PATTERN 10:14 28.07.2017 We've got a "V-Top" pattern, so the price reached the nearest support at 1.1657. However, bears are likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there'll be an opportunity to have another upward...

USD/JPY: DOLLAR MAY GOING LOWER 09:11 28.07.2017 Technical levels: support – 110.70/80; resistance – 111.20. Trade recommendations: Sell — 111.00; SL — 111.20; TP1 — 110.45; TP2 — 109.80. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and...

AUD/USD: AUSSIE READY TO CONTINUE UPTREND 09:10 28.07.2017 Technical levels: support – 0.7970, 7930; resistance – 0.8020, 0.8080. Trade recommendations: Buy — 0.7970; SL — 0.7950; TP1 — 0.8020; TP2 — 0.8080. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of...

EUR/USD: +1/8 MM LEVEL ACTED AS RESISTANCE 19:13 27.07.2017 We've got a pullback from +2/8 MM Level, so wave [v] of 3 may have been ended. So, there's a developing impulse in wave . However, if a pullback from 5/8 MM Level happens, there'll be an opportunity to have a local upward correction...