Search results

AUD/USD: AUSSIE GOING HIGHER 14:26 18.07.2017 Technical levels: support – 0.7820, 0.7850; resistance – 0.7990. Trade recommendations: Sell — 0.7990; SL — 0.7810; TP1 — 0.7910; TP2 — 0.7850. Reason: bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen...

GBP/USD: POUND DECIDED TO CORRECT 14:25 18.07.2017 Technical levels: support – 1.2980; resistance – 1.3090. Trade recommendations: Buy — 1.2980; SL — 1.2960; TP1 — 1.3090; TP2 — 1.3150. Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen...

EUR/USD: PULLBACK FROM 6/8 MM LEVEL 12:10 18.07.2017 It's likely that the current ending diagonal pattern has been formed. Therefore, if the price fixates under 5/8 MM Level, bears are going to deliver an impulse in wave (i). The main intraday target is 3/8 MM Level There's a pullback from...

CITI: TRADE IDEA FOR GBP/JPY 11:17 18.07.2017 Analysts at Citi recommend buying GBP/JPY at 147.41 with Take Profit at 150.00 with Stop Loss at 145.67. More...

GBP/USD: LOCAL "V-BOTTOM" PATTERN 10:56 18.07.2017 The price faced support at 1.3057, so there's a local "V-Bottom" pattern, which pushed the pair higher. So, the market is likely going to test the next resistance at 1.3137 - 1.3184 soon. At the same time, if a pullback from this area...

EUR/USD: LOCAL CORRECTION COMING SOON 10:50 18.07.2017 Bulls faced resistance at 1.1529, so the market is likely going to test the nearest support at 1.1494 in the short term. If a pullback from this area happens, there'll be an opportunity to have another upward price movement towards the...

USD/CHF: FRANC IS FALLING DOWN 10:03 18.07.2017 Recommendation: SELL 0.9600 SL 0.9655 TP1 0.9500 TP2 0.9390 On the daily chart, bears are trying to resume the downtrend. If they manage to get below June low, the possibility of the decline to 127.2% and 224% targets of “Crab” and AB=CD...

EUR/USD: OUTLOOK IS BULLISH 09:47 18.07.2017 Recommendation: BUY 1.1480 SL 1.1425 TP1 1.1600 TP2 1.1800. On the daily chart, bulls managed to break above resistance at 1.1472-1.1480. This put the longer-term bearish trend to an end. Resistance became support, “Bat” pattern turned into...

GBP/USD: 55 MA ACTING AS RESISTANCE 14:35 17.07.2017 The price is consolidating along the "Window". The 55 Moving Average is acting as resistance. In this case, the pair is likely going to achieve the 144 MA in the short term. There's a bearish "High Wave", which has been confirmed enough...

EUR/USD: BULLISH "TWEEZERS" PATTERN 14:31 17.07.2017 The last bullish "Tweezers" pattern has been confirmed. However, there's a bearish "Dark Cloud", so we could have a local downward correction. Anyway, the market is likely going to continue falling down afterwards until any reversal pattern...

EUR/USD: ENDING DIAGONAL PATTERN 12:55 17.07.2017 It seems like wave (E) of is about to end, which means a bullish impulse in wave C of (E) is going to finish soon. If we have a pullback from 7/8 MM Level, there'll be an opportunity to have a downward price movement towards 6/8 MM Level...

USD/CAD: SHARK PATTERN 11:29 17.07.2017 On the daily chart, USD/CAD has caught up with the convergence area of 1.2690-1.2620. Here we find the target of the “Shark” pattern. If bulls manage to protect these levels, the possibility of consolidation in the 1.2590-1.2780 area will increase. On the...

GBP/USD: BEARS GOING TO ACHIEVE CLOSEST SUPPORT 11:13 17.07.2017 The price found resistance at 1.3119, so we've got a "V-Top" pattern, which set up a bearish correction. The main intraday target is the nearest support at 1.3057 - 1.2032. However, if we see a pullback from this area, we should...

EUR/USD: "DOUBLE TOP" PATTERN 11:10 17.07.2017 Bulls faced resistance at 1.1464, so we've got a bearish "V-Top" pattern, which pushed the price to support at 1.1425. However, bears are likely going to test the next support at 1.1398 in the short term. If a pullback from this level happens...

AUD/USD: BULLS GOT COMFORTABLE 10:48 17.07.2017 Recommendation: BUY 0.7715 SL 0.7660 TP1 0.7850 TP2 0.8025. On the daily chart, AUD/USD keeps moving up to 161.8% target of the inverted “Crab” pattern. The nearest support levels are close to 0.7750 (historical level) and 0.7715 (previous...

USD/JPY: DOLLAR ENTERED INTO CLOUDY AREA 10:08 17.07.2017 Technical levels: support – 112.10; resistance – 113.30. Trade recommendations: Buy — 112.10; SL — 111.90; TP1 — 113.00; TP2 — 113.30. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and...

EUR/USD: EURO SUPPORTED BY CLOUD 10:06 17.07.2017 Technical levels: support – 1.1430; resistance – 1.1515. Trade recommendations: Buy — 1.1430; SL — 1.1410; TP1 — 1.1490; TP2 – 1.1515. Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen...

AUD/NZD: PULL BACKS COULD COME SOON 06:02 17.07.2017 AUD/NZD has been following a cycle started from the end of June and it’s currently in an extreme zone for bulls, as the price action had reached the area between 1.0619 and 1.0688, which are the Fibonacci expansion zone of 123.6% and 161.8%...

AUD/USD BROKE MULTI-MONTH RESISTANCE LEVEL 0.7740 17:33 14.07.2017 AUD/USD broke multi-month resistance level 0.7740 Next buy target - 0.7900 AUD/USD continues to rise inside the minor impulse wave (iii) – which earlier broke through the powerful multi-month resistance level 0.7740 (which has...

AUD/CHF RISING INSIDE MINOR IMPULSE WAVE 3 17:31 14.07.2017 AUD/CHF rising inside minor impulse wave 3 Next buy target - 0.7620 AUD/CHF continues to rise inside the sharp minor impulse wave 3 – which earlier broke through the multiple consecutive resistance levels – 0.7400 (previous by target)...