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GBP/USD: POUND IN CORRECTION TO CLOUD 08:57 23.06.2017 Technical levels: support – 1.2670; resistance – 1.2765. Trade recommendations: Buy — 1.2700; SL — 1.2680; TP1 — 1.2765; TP2 — 1.2800. Reason: narrowing bearish Ichimoku Cloud; rising Senkou Span A; a dead cross of Tenkan-sen and...

EUR/USD: EURO HUNG ON TENKAN-KIJUN 08:56 23.06.2017 Technical levels: support – 1.1150; resistance – 1.1190, 1.1210. Trade recommendations: Buy — 1.1150/60; SL — 1.1130; TP1 — 1.1190; TP2 – 1.1210. Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen...

AUD/NZD FALLING INSIDE MINOR IMPULSE WAVE (III) 20:58 22.06.2017 AUD/NZD falling inside minor impulse wave (iii) Next sell target - 1.0350 AUD/NZD continues to fall inside the minor impulse wave (iii), which started earlier from the resistance zone lying between the resistance level 1.0550 and...

CAD/JPY REVERSED SUPPORT ZONE 20:56 22.06.2017 CAD/JPY reversed support zone Next buy target - 85.00 CAD/JPY today reversed up sharply from the support zone lying between the support level 83.70 (previous buy target and the strong resistance level which reversed the pair in May) and the 38.2%...

EUR/USD: PULLBACK FROM 2/8 MM LEVEL 16:25 22.06.2017 We've got a pullback from 4/8 MM Level, so wave 2 may have been formed. Also, wave (i) is about to end, so if we have a pullback from 3/8 MM Level, there'll be a green light for wave (ii). There's a pullback from 2/8 MM Level, so wave iv...

USD/JPY: PULLBACK FROM THE LOWER "WINDOW" 16:04 22.06.2017 We've got a "Tweezers" and a "Hammer", which both have been confirmed enough. So, the market is likely going to test the 144 Moving Average, which could be a departure point for another upward price movement. There's a pullback...

EUR/USD: BEARISH "HARAMI" 16:00 22.06.2017 The 55 Moving Average has acted as resistance, so we've got a bearish "High Wave" on this line. Therefore, the market is likely going to test the nearest support in the short term. We've got a bearish "Harami", which has been confirmed enough. In...

GBP/USD: BULLS GOING TO TEST 89 MA 07:46 22.06.2017 There's a "Double Bottom", which pushed the price towards resistance at 1.2705. In this case, the market is likely going to reach the nearest resistance at 1.2705 - 1.2757. Meanwhile, if a pullback from this area happens, we should keep an...

EUR/USD: BULLISH "V-BOTTOM" 07:43 22.06.2017 The 89 Moving Average has acted as support, so we've got a bullish "V-Bottom". Therefore, the market is likely going to reach the 34 MA in the short term. If a pullback from this line happens, there'll be an opportunity to have a decline towards...

USD/JPY: DOLLAR BREAKING DOWN SSB’S SUPPORT 07:17 22.06.2017 Technical levels: support – 110.75, 110.45; resistance – 111.30. Trade recommendations: Sell — 111.00; SL — 111.20; TP1 — 110.45; TP2 — 109.70. Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a golden cross of Tenkan-sen...

AUD/USD: AUSSIE ENTERED INTO CLOUD 07:15 22.06.2017 Technical levels: support – 0.7540, 0.7500; resistance – 0.7580. Trade recommendations: Buy — 0.7560; SL — 0.7540; TP1 — 0.7640; TP2 — 0.7680. Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen...

AUD/USD RETURNED HOME 06:54 22.06.2017 Recommendation SELL 0.7520 SL 0.7575 TP1 0.7425, TP2 0.7400. On the daily AUD/USD chart, bears managed to hold resistance at 0.7612 and make the quotes go beyond the uptrend channel. The break of support at 0.7525 will strengthen the risks of decline...

USD/CAD: BULLS ARE LAUNCHING AN ATTACK 06:47 22.06.2017 Recommendation SELL 1.3465 SL 1.3520 TP1 1.3305, TP2 1.3160. On the daily chart, USD/CAD recoiled from the diagonal support in form of the lower border of the rising trend channel. Bulls counter-attacked, conquered resistance at 1.3305...

USD/CAD REVERSED FROM SUPPORT ZONE 17:33 21.06.2017 USD/CAD reversed from support zone Next buy target - 1.3400 USD/CAD continues to rise sharply after the earlier upward reversal from the support zone lying between the support levels 1.3260 and 1.3220. This support zone was further...

CAD/CHF REVERSED FROM RESISTANCE ZONE 17:32 21.06.2017 CAD/CHF reversed from resistance zone Next sell target - 0.7270 CAD/CHF recently reversed down sharply from the resistance zone lying between the resistance level 0.7380 (previous monthly high from May), upper daily Bollinger Band and the...

EUR/USD: WAVE (I) ABOUT TO END 12:01 21.06.2017 Wave (i) is about to end, so if we see a pullback from 3/8 MM Level, there'll be time for wave (ii). Anyway, bears are likely going to deliver wave (iii) afterwards. In this case, we should keep in mind 2/8 MM Level as an intraday target. As...

USD/JPY: "TWEEZERS" PUSHING PRICE HIGHER 11:57 21.06.2017 There's a bullish "Tweezers" pattern, so the market is likely going to test the nearest resistance. If a pullback from this level happens, bears will have a green light to achieve the 55 Moving Average. We've got a pullback from the...

EUR/USD: BULLISH "ENGULFING" 11:54 21.06.2017 The price got support by the lower "Window", so we've got a bullish "Harami" pattern, which has been confirmed enough. Therefore, the market is likely going to test the 55 Moving Average line, which could be a departure point for another decline...

PREDICTING BITCOIN’S FUTURE VALUE. WHAT CAUSES ITS UPS AND DOWNS? 11:25 21.06.2017 In recent years, bitcoin has become an all-time favorite asset of many traders due to its fast appreciation. 2017 is truly fruitful for BTC. Simple because since the beginning of this year it spiked by nearly...

OIL MARKET OVERVIEW 08:20 21.06.2017 Brent oil futures have extended their decline below $46 per barrel – a nine-month low as rising supply offsets efforts by OPEC and other major oil producing countries to drain a glut. Recovering production from Libya and Nigeria which are exempt from the...