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USD/JPY: DOLLAR FELL INTO NEGATIVE ZONE 09:33 21.07.2017 Technical levels: support – 111.70/80; resistance – 112.60, 113.00. Trade recommendations: Buy — 111.90; SL — 111.70; TP1 — 113.00; TP2 — 113.30. Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of...

GBP/USD: POUND MAY GO HIGHER 09:32 21.07.2017 Technical levels: support – 1.2980; resistance – 1.3040. Trade recommendations: Buy — 1.3000; SL — 1.2980; TP1 — 1.3040; TP2 — 1.3090. Reason: bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with...

USD/JPY: ALL THE LAST CANDLES ARE BULLISH 13:48 20.07.2017 There are bullish patterns such a "Hammer" and a "Harami", which both have been confirmed. The upper "Window" is acting as resistance, which could be a departure point for another downward price movement. We don't have any bearish...

EUR/USD: BEARISH "THREE METHODS" PATTERN 13:46 20.07.2017 The last "Shooting Star" pattern has been confirmed, so the pair is likely going to test the 34 Moving Average. If any bullish pattern forms afterwards, there'll be an opportunity to have another upward price movement. We've got a...

EUR/USD: PRICE FIXATED UNDER 5/8 MM LEVEL 12:01 20.07.2017 The price has fixated under 5/8 MM Level, so there's an opportunity to have a bearish impulse in wave . The main intraday target is 3/8 MM Level, which could be a departure point for a local upward correction. We've got a pullback...

GBP/USD: POSSIBLE "PENNANT" PATTERN 10:48 20.07.2017 Bears faced support at 1.3006, so the price is consolidating near this level. Nevertheless, the market is likely going to decline towards the 34 & 55 Moving Averages. If a pullback from these lines happens, there'll be an opportunity to...

EUR/USD: "V-TOP" PATTERN 10:46 20.07.2017 There's a "V-Top" pattern, which pushed the price to support at 1.1494, so we've got a consolidation. However, bears are likely going to test the next support at 1.1464. If a pullback from this level happens, there'll be an opportunity to have another...

USD/JPY: BULLS PREPARE FOR AN ATTACK 10:12 20.07.2017 Recommendation: BUY 112.33 SL 111.78 TP1 113.50, TP2 114.50, TP3 117.40 On the daily chart, bears are trying to keep the pair inside the long-term downward channel. Never the less, they will fail if bulls push USD/JPY above the diagonal...

GOLD IS IN TROUBLE 10:02 20.07.2017 Recommendation: SELL $1236 SL $1246 TP1 $1224 TP2 $1210 On the daily chart, gold is testing the neckline of the “Head and Shoulders” pattern. The break of the inside bar’s low and the following decline below the diagonal support will mean the return of...

USD/JPY: PRICE FIXATED UNDER "WINDOW" 15:46 19.07.2017 There are a "Hammer" and a "Harami", but both patterns remain unconfirmed. The 144 Moving Average is acting as resistance. In this case, bears are likely going to continue pushing the price lower The pair has fixated under the...

EUR/USD: "TOWER" LED TO DECLINE 15:43 19.07.2017 There's a bearish "Shooting Star" pattern, which has been confirmed. Therefore, the market is likely going to test the nearest support level, which could be a departure point for another upward price movement. The last bearish "Tower"...

EUR/USD: PULLBACK FROM 7/8 MM LEVEL 13:36 19.07.2017 It seems like we've got a bullish impulse in wave C. Also, there's a triangle in wave [iv]. So, there's an opportunity to have wave in the short term. The main intraday target is 3/8 MM Level. There's a pullback from 7/8 MM Level, so...

GBP/USD: CONSOLIDATION ALONG 55 MA 11:15 19.07.2017 There's a "Double Top" pattern, which has been confirmed. Therefore, the pair is likely going to test the nearest support at 1.2982 in the short term. If we have a pullback from this level, there'll be an opportunity to see the price even...

EUR/USD: "V-TOP" PATTERN 11:11 19.07.2017 Bulls faced resistance at 1.1560, so we've got a "V-Top" pattern, which led to the current decline. Therefore, the market is likely going to decline towards the nearest support at 1.1494. If a pullback from this level happens, we could have another...

USD/JPY: DOLLAR TESTED SSB’S SUPPORT 10:24 19.07.2017 Technical levels: support – 111.70/80; resistance – 112.60, 113.00. Trade recommendations: Buy — 112.10; SL — 111.90; TP1 — 113.00; TP2 — 113.30. Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of...

GBP/USD: POUND SUPPORTED BY KIJUN-SEN 10:23 19.07.2017 Technical levels: support – 1.3030; resistance – 1.3090, 1.3150. Trade recommendations: Buy — 1.3030/40; SL — 1.3010; TP1 — 1.3090; TP2 — 1.3150. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of...

NZD/USD: BULLS SHOWED STRENGTH 10:20 19.07.2017 Recommendations: BUY 0.7370, SL 0.7315, TP1 0.7450, TP2 0.7470 BUY 0.7290, SL 0.7235, TP 0.7450 On the daily chart, inability of bears to lead NZD/USD outside of the bullish trend channel points at their weakness. The condition required for...

GBP/USD REMEMBERED THE TRIANGLE 10:06 19.07.2017 Recommendation: SELL 1.3000, SL 1.3055, TP 1.2900 BUY 1.3125 SL 1.3070 TP1 1.3300 TP2 1.3500 On the daily chart, bears are trying to return GBP/USD inside the rising triangle. If they succeed, the possibility of the medium-term consolidation...

USD/JPY: "WINDOW" ACTED AS RESISTANCE 15:09 18.07.2017 Bears have broken the "Window", so the price is declining. The 144 Moving Average is acting as support. There isn't any reversal pattern so far. Therefore, the market is likely going to continue falling down in the short term. The...

EUR/USD: BULLISH "THREE METHODS" PATTERN 15:07 18.07.2017 There's a bullish "Engulfing" pattern, which has been confirmed, so the price reached the nearest resistance level. However, we don't have any reversal pattern so far, which means bulls are likely going to continue pushing the price...