Search results

USD/JPY: the Bulls are on the attack 9/14/2016 Technical levels: support – 102.40; resistance – 102.90. Trade recommendations: 1. Buy — 102.40; SL — 102.20; TP1 — 102.90; TP2 — 103.50. Reason: a bullish Ichimoku Cloud; the rising Tenkan-sen, Kijun-sen, Senkou Span A and B; the prices are...

GBP/USD: on the SSB support 9/14/2016 Technical levels: support – 1.3150/70; resistance – 1.3260. Trade recommendations: 1. Buy — 1.3190; SL — 1.3170; TP1 — 1.3260; TP2 — 1.3320. Reason: a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal and the bullish Ichimoku Cloud; a...

EUR/USD: a tensity has continued 9/14/2016 Technical levels: support – 1.1220; resistance – 1.1245 Trade recommendations: 1. Buy — 1.1260; SL — 1.1240; TP1 — 1.1320; TP2 – 1.1380. 2. Sell — 1.1210; SL — 1.1230; TP1 — 1.1150; TP2 – 1.1110. Reason: the prices are in the Cloud; a new dead...

AUD/USD: Aussie came across a big bear 9/14/2016 On the AUD/USD daily chart the break of the lower border of the rising trading channel was the first signal of change from the "bullish" trend to the "bearish" one. Traders should follow the strategy of selling on the rise until buyers manage to...

USD/CAD: bulls are taking situation under control 9/14/2016 On the USD/CAD daily chart bulls managed to defend their position near the lower boundary of the upward trading channel and switched to the counter-attack. A break of resistance at 1.3306 lever will increase the risks to reach the...

GBP/USD & UK Claimant Count Change: Can we see a recovering from the Pound after the data? 9/14/2016 Today at 08:30 GMT we'll have some macro data from the United Kingdom, but the markets' focus will be on the UK Claimant Count Change, which gauges the change in the number of people that...

EUR/USD: possible triangle in wave [x] 9/13/2016 There’s a possible double zigzag in wave D, which is taking place on the four-hour chart. It’s likely that wave [x] is going to end in a form of a triangle. If so, there’ll be an opportunity to have wave [y] of D, so we should keep en eye on...

USD/JPY: "Three Methods" helped bulls 9/13/2016 There’s an “Engulfing” at the local low, but it hasn’t been confirmed yet. So, the price is likely going to achieve the nearest resistance. If we see a pullback from this line, there’ll be a chance to have another decline. At the same time, the...

EUR/USD: consolidation going to continue 9/13/2016 There’s a consolidation above the 55 Moving Average. Also, we’ve got a bullish “Harami” at the local low, so the market is likely going to test the nearest resistance once again. If we see a pullback from this level, there’ll be an...

Cracking reversal patterns for maximum profit 9/13/2016 One of the greatest advantages of reversal patterns is their ability to quickly alert the trader to the fact that he or she is on the wrong side of the market. Once traders managed to recognize their errors, they take defensive actions in...

CAD/JPY falling inside minor impulse wave 9/13/2016 CAD/JPY falling inside minor impulse wave Next sell target - 77.00 CAD/JPY continues to fall inside the minor impulse wave 5 - which stared earlier - when the pair reversed down from the resistance zone lying between the round resistance level...

CAD/CHF approached support level 0.7420 9/13/2016 CAD/CHF approached support level 0.7420 Next sell target - 0.7360 CAD/CHF has been falling steadily in the last few trading sessions – following the earlier downward reversal from the resistance zone lying between the resistance level 0.7600...

USD/JPY: the Bulls are don’t want to capitulate 9//13/2016 Technical levels: support – 101.50; resistance – 101.90. Trade recommendations: 1. Buy — 102.00; SL — 101.80; TP1 — 102.75; TP2 — 103.50. Reason: a bullish Ichimoku Cloud; a new golden cross of Tenkan and Kijun; a strong support near...

GBP/USD: correction into the Cloud 9/13/2016 Technical levels: support – 1.3270, 1.3200; resistance – 1.3360. Trade recommendations: 1. Buy — 1.3290; SL — 1.3270; TP1 — 1.3360; TP2 — 1.3420. Reason: a bullish Ichimoku Cloud; a dead cross of Tenkan-sen and Kijun-sen but there is a support of...

EUR/USD: euro can’t determine its direction 9/13/2016 Technical levels: support – 1.1220; resistance – 1.1245 Trade recommendations: 1. Buy — 1.1260; SL — 1.1240; TP1 — 1.1320; TP2 – 1.1380. 2. Sell — 1.1210; SL — 1.1230; TP1 — 1.1150; TP2 – 1.1110. Reason: the prices are in the Cloud; a...

Key option levels for Tuesday, September 13th 9/13/2016 EUR/USD Main trend Short-term period Medium-term period Neutral Bearish Changes in the open interest + 102 614 ? + 21 765 ? Closest resistance levels 1.1302; 1.1328; 1.1342; 1.1361 Closest support levels 1.1226...

GBP/USD: "Flag" points to possible intraday upward movement 9/13/2016 Bears faced a support on the 34 Moving Average, so we’ve got a “Double Bottom” pattern here. In this case, bulls are likely going to reach a resistance at 1.3370 – 1.3417 soon. Considering the previously formed “V-Top”...

EUR/USD: bulls going to test nearest resistance 9/13/2016 We’ve got a “V-Bottom” pattern, so there’s a local consolidation in progress. Therefore, the market is likely going to rise towards an area between the levels 1.1270 – 1.1282 in the short term. If we have a pullback from these levels...

NZD/USD: the ground crumbles from QIWI's feet 9/13/2016 On the NZD/USD daily cart there was a rebound from the important level of 0,743 (it is a Fibonacci ratio of 78,6% from the last downward mid-term wave + the upper level of the upward channel). If bulls are not able to overcome this level...

USD/JPY: bears slowed down at the double bottom 9/13/2016 On the USD/JPY daily chart the double bottom has been formed near the level of 100,35 (it's a Fibonacci ratio of 61,8% of the last upward wave). If the bears in the near future are able to storm this support, the risks of quotes existing...