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GBP/USD: RESISTANCE WAITING FOR BULLS 10:56 29.06.2017 The price is consolidating above the broken trendline. It seems like bulls are ready to go even higher, so we should keep an eye on the next resistance at 1.2976 - 1.3013 as an intraday target. If a pullback from this area happens...

EUR/USD: BULLS READY TO PUSH PRICE HIGHER 10:51 29.06.2017 Bulls faced resistance at 1.1425, but the market is likely going to test the next resistance at 1.1464. If a pullback from this level happens, there'll be an opportunity to have a decline towards the nearest support at 1.1365. The...

USD/CHF: FRANC BROKE LOOSE 10:06 29.06.2017 On the USD/CHF daily chart, the Bears managed to withdraw quotes from short-term upward and long-term downward trading channels. This increases the risks of realization of the targets 224% and 127,2% in the AB=CD and Crab patterns. In case of the...

EUR/USD: EURO IS HEADING TO THE NORTH 10:04 29.06.2017 On the EUR/USD daily chart, a break of the resistance at 1.1295 followed by the retest allowed the euro to enter the operations space. The pair is ready to test the resistance at 1.147 and realize the mid-term target 127,2% in the Crab...

USD/JPY: DOLLAR BREAKING OUT SSA’S RESISTANCE 09:17 29.06.2017 Technical levels: support – 112.10; resistance – 112.80, 113.20. Trade recommendations: Buy — 112.40; SL — 112.20; TP1 — 112.80; TP2 — 113.20. Sell — 112.10; SL — 112.30; TP1 — 111.40; TP2 — 110.90. Reason: narrowing bearish...

AUD/USD: AUSSIE GOING TO MARCH’S EXTREMUMS 09:16 29.06.2017 Technical levels: support – 0.7640; resistance – 0.7690. Trade recommendations: Sell — 0.7690; SL — 0.7710; TP1 — 0.7640; TP2 — 0.7610. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of...

MORNING BRIEF FOR JUNE 29: SOME NEWS FROM "CENTRAL BANKERS’ PARTY" 09:06 29.06.2017 The US dollar shuddered to its lows as central bankers’ bias turned tighter. The greatest moves were evidenced in the pairs containing CAD, GBP, EUR, AUD. The euro surged to 1.1420 in the previous sessions as...

EUR/USD: WAVE (III) OF [V] MAY HAVE BEEN FORMED 14:37 28.06.2017 The price is still rising in wave C of (E). It seems like wave [v] of C is likely going to be continued. In this case, we should keep an eye on 6/8 MM Level as an intraday bullish target. As we can see on the one-hour chart...

GBP/USD: CONFIRMED "DOUBLE TOP" 11:16 28.06.2017 We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test the next support at 1.2757. If a pullback from this level happens, there'll be an option to have an upward price movement in...

EUR/USD: LOCAL BEARISH "THORN" PATTERN 11:13 28.06.2017 The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to test the nearest support at 1.1325 during the day. If a pullback from this level happens, there'll be...

AUD/USD: AUSSIE SUPPORTED BY KIJUN-SEN 09:25 28.06.2017 Technical levels: support – 0.7580/90; resistance – 0.7660. Trade recommendations: Buy — 0.7600; SL — 0.7580; TP1 — 0.7660; TP2 — 0.7690. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen...

GBP/USD: BULLS MADE NEW LOCAL HIGHS 09:24 28.06.2017 Technical levels: support – 1.2780; resistance – 1.2840. Trade recommendations: Buy — 1.2780; SL — 1.2760; TP1 — 1.2840; TP2 — 1.2870. Reason: narrow bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen...

GBP/USD COULD LOSE STEAM AROUND 1.2860, RESUMING BEARISH BIAS 00:55 28.06.2017 GBP/USD found a demand area between 1.2705 and 1.2636, which coincides with the Fibonacci expansion levels of 100% and 123.6%. There was a divergence formed bwteen the latest two lower swings and it seems that we can...

EUR/USD: TRIANGLE IN WAVE 14:05 27.06.2017 There's a possible triangle in wave , so the price is likely going to continue rising towards the upper side of this pattern. If a pullback from this line happens, there'll be an opportunity to have the beginning of wave [C]. As we can see on the...

USD/JPY: BEARISH "ENGULFING" 13:26 27.06.2017 We've got a bearish "Engulfing", which has been confirmed enough. Therefore, the pair is likely going to test the 55 Moving Average, which could be a departure point for another bullish rally. The 34 Moving Average has acted as support, so...

EUR/USD: "WINDOW" GOING TO ACT AS RESISTANCE 13:24 27.06.2017 The price has been rising since a pullback from the nearest Moving Average happened. Also, there isn't any bearish pattern so far. Therefore, the market is likely going to continue rising towards the upper "Window". The Moving...

GBP/USD: MOVING AVERAGES ACTING AS SUPPORT 10:33 27.06.2017 The price found resistance at 1.2757, so bears achieved support at 1.2705. In this case, the market is likely going to reach the next resistance at 1.2793 - 1.2817. If a pullback from this area happens, bears will have a green light...

EUR/USD: MARKET GOING TO TEST NEAREST RESISTANCE 10:30 27.06.2017 The price is still consolidating. Therefore, the market is likely going to test the nearest resistance at 1.1232 in the short term. If we see a pullback from this level, there'll be an opportunity to have a decline towards the...

USD/JPY: DOLLAR FEELS GOOD 09:21 27.06.2017 Technical levels: support – 111.50; resistance – 112.00/20. Trade recommendations: Buy — 111.55; SL — 111.35; TP1 — 112.00; TP2 — 112.45. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and...

AUD/USD: BULLS BREAKING OUT CLOUD’S RESISTANCE 09:20 27.06.2017 Technical levels: support – 0.7580; resistance – 0.7610, 0.7660. Trade recommendations: Buy — 0.7580/90; SL — 0.7560; TP1 — 0.7660; TP2 — 0.7690. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden...