Search results

USD/JPY: BULLS GOING TO TEST "WINDOW" 11:23 02.05.2017 The price as approaching the upper “Window”, but we still don’t have any reversal pattern. So, if we see a pullback from the “Window”, there’ll be an opportunity to have a downward correction towards the Moving Averages. The last...

EUR/USD: BEARISH PATTERNS INSIDE STRONG RESISTANCE 11:17 02.05.2017 There’s a strong resistance area, where we’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Doji”. Therefore, the market is likely going to test the lower “Window”, which could be a departure point for...

本周多个重磅事件来袭 市场将大幅波动 07:38 02.05.2017...

OIL MARKET OVERVIEW 09:05 02.05.2017 Oil prices dropped to $50.40 on last Thursday following the restart of two key Libyan oilfields which can produce nearly 400K barrels per day. Libya is exempted from the OPEC output cut agreement. So, increased crude output of this country would offset...

GBP/USD: GAP GOING TO ACT AS RESISTANCE 06:59 02.05.2017 We’ve got a “Double Top”, which has been confirmed. At the same time, bulls are likely going to test the nearest resistance at 1.2945 – 1.2964. If a pullback from this area happens, bears will probably try to reach the next support at...

EUR/USD: BULLS GOING TO TEST LAST HIGH 06:55 02.05.2017 The price is still consolidating under a resistance at 1.0951. Also, there’s a possible “Triple Top”. However, the market is likely going to test the nearest resistance at 1.0933 – 1.0951 in the short term. If a pullback from this area...

USD/CHF: BULLS ARE PREPARING FOR BREAKOUT 06:42 02.05.2017 On the USD/CHF chart, there is a consolidation in the range of 0.9915-0.9975. A break of its upper or lower borders does not guarantee a restoration of the trend. The resistance is located near parity level. For the continuation of the...

EUR/USD: EURO IS TRADING IN CONSOLIDATION RANGE 06:41 02.05.2017 On the EUR/USD daily chart, there is a consolidation in the range of 1.085-1.095. A break of its lower border can lead to the realization of the "Three Movements" pattern and correction towards 1.077. In contrast, a successful...

MORNING BRIEF FOR MAY 2 06:26 02.05.2017 A belated happy Labour day, dear traders! We bet you were trading with zeal and special ardor yesterday! Here are the latest news and market moves of today’s Asian session. AUD/USD spiked to 0.7540 after the Reserve Bank of Australia left its cash rate...

AUD/USD: BULLS UNDER PRESSURE OF CLOUD 05:19 02.05.2017 Technical levels: support – 0.7500, 0.7450; resistance – 0.7550. Trade recommendations: 1. Sell — 0.7540; SL — 0.7560; TP1 — 0.7500; TP2 — 0.7450. Reason: narrowing bearish Ichimoku Cloud, falling Senkou Span A; a new weak golden cross of...

EUR/USD: EURO MAY GO HIGHER 05:18 02.05.2017 Technical levels: support – 1.0900; resistance – 1.0960. Trade recommendations: 1. Buy — 1.0900/10; SL — 1.0880; TP1 — 1.0960; TP2 – 1.1000. Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and...

AUD/NZD REACHED BUY TARGET 1.0850 15:44 01.05.2017 AUD/NZD reached buy target 1.0850 Next buy target - 1.1020 AUD/NZD continues to rise inside the intermediate corrective wave (2) – which earlier broke through the resistance zone lying at the intersection of the resistance level 1.0850...

EUR/AUD REVERSED FROM STRONG RESISTANCE LEVEL 1.4640 15:43 01.05.2017 EUR/AUD reversed from strong resistance level 1.4640 Next sell target - 1.4300 EUR/AUD continues to decline after the earlier downward reversal from the strong resistance level 1.4640 (which also revered the pervious...

EUR/USD: BEARS READY FOR WAVE (IV) 13:52 01.05.2017 Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction. Therefore, the market is likely going to decline in wave (iv) shortly. The main intraday target is 4/8 MM Level, which could be a departure point for wave (c) of...

USD/JPY: "WINDOW" GOING TO ACT AS RESISTANCE 10:20 01.05.2017 The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term. If any bearish pattern arrives afterwards, there’ll be an opportunity to have a downward correction...

EUR/USD: "SHOOTING STAR" LAUNCHED CORRECTION 10:16 01.05.2017 The price has tested the nearest resistance ones again. Also, we’ve got a “Shooting Star”, but this pattern hasn’t been confirmed yet. Therefore, the market is likely going to reach the lower “Window” in the short term. If a...

GBP/USD: "DOUBLE TOP" STOPPED BULLS 10:10 01.05.2017 Bulls faced a resistance at 1.2945, so we’ve got a “Double Top”, which has been confirmed by the last “Exhaustion Gap”. Therefore, the pair is likely going to decline in the direction of the closest support at 1.2865 – 1.2816. If bears be...

EUR/USD: POSSIBLE "TRIPLE TOP" 09:59 01.05.2017 The price is still consolidating under a resistance at 1.0951. Also, there’s a developing “Triple Top”. If this pattern confirms, the market is likely going to decline towards a support at 1.0819 – 1.0729, which is near the last “Breakaway Gap”...

USD/CAD REACHED BUY TARGET 1.3600 15:32 28.04.2017 USD/CAD reached buy target 1.3600 Next buy target - 1.3800 USD/CAD has been under bullish pressure lately – after the earlier breakout of the powerful resistance level 1.3600 (which reversed the previous waves 3 and (A) and which was set as the...

GBP/CAD BROKE RESISTANCE LEVEL 1.7540 15:31 28.04.2017 GBP/CAD broke resistance level 1.7540 Next buy target - 1.8000 GBP/CAD has been rising sharply in the last few trading sessions inside the minor accelerated impulse wave 3, which belongs to the intermediate (C)-wave from the start of April...