Search results

EUR/USD: bears is about to deliver a new low 7/19/2016 The main trend is a still bearish. Also, the middle of the last huge black candle has acted as a resistance. However, the last “Engulfing” pattern hasn’t been confirmed, so the market is likely going to test the nearest resistance once...

USD/JPY: the Bulls stumbled on 106.00. 7/19/2016 The currency pair USD/JPY kept above the line Tenkan-sen during yesterday’s session and the bulls tried to continue the uptrend. However, in the area of 106.30/40, as we noted earlier, there is a strong resistance that does not pass its higher...

AUD/USD: the Aussie fell into a cloud 7/19/2016 The Australian dollar yesterday stood firm over a four-hour Ichimoku cloud. But the Bulls did not want to continue the uptrend – there is a resistance of the Kijun-Sen and Tenkan-sen lines. Today’s morning the Aussie unexpectedly passed their...

EUR/USD: the Euro keeps standing under a cloud 7/19/2016 During yesterday's session the Eurodollar traded near the lower boundary of the four-hour Ichimoku cloud. Trades was moderate, in a very narrow range. We pointed to the cross formed by the dead cross and the expanding of the cloud to...

GBP/USD: bearish "Triple Tops" 7/19/2016 The price has formed a “Double Top” pattern, which led to decline towards a support at 1.3116. Nevertheless, there’s a possible “Flag”. If it confirms, the price is likely going to get a support at 1.3116 – 1.3015 in the short term. However, is a...

EUR/USD: new local high is coming soon because of the "Flag" 7/19/2016 There’s a “Double Bottom”, which led to the current upward price movement. Also, we’ve got a “Triangle”, so the market is likely going to move up in the direction of the 55 Moving Average. If we see a pullback from this...

USD/JPY: the bulls want more 17/19/2016 On the daily USD/JPY chart the bulls are getting ready to seize the upper border of the downtrend channel. If they succeed, the odds of the bullish reversal will increase. The buyers' attack is aimed at 127.2% of the Crab pattern target. Close to it...

EUR/USD is holding ground 7/19/2016 The main currency pair keeps consolidating in the 1.1-1.1175 area. The bulls and the bears are currently fighting around the important level of 1.1072. It corresponds to 23.6% Fibo of the last descending wave. On H1 EUR/USD reached 78.6% of the "Shark"...

EUR/USD & German ZEW indicator: Looking to trade below 1.1000? 7/19/2016 Today at 09:00 GMT will be released the German ZEW economic sentiment, a survey based on financial experts' assessment of Germany's economy for next six months, in terms of directions. Last reading was very positive, with...

USD/CNH rising inside impulse waves (iii), 5 and (3) 7/18/2016 USD/CNH rising inside impulse waves (iii), 5 and (3) Next buy target – 6.7450 USD/CNH continues to rise inside the 3rd minor impulse wave (iii) of the impulse 5 (which is a part of the sharp intermediate impulse wave (3) from...

USD/JPY: unconfirmed “Harami” boosts bullish pressure 7/18/2016 The last bearish candles haven’t been confirmed, so the market is likely going to reach the upper “Window” in the short term. As we can see on the Daily chart, there’s unconfirmed “Harami”, which makes possible an achievement the...

EUR/USD: "Engulfing" helped bears to get up speed 7/18/2016 [IG]https://new.fxbazooka.com/img/articles/9649/1807eurusdh4.png[/IMG] The price has got a resistance on the upper “Window” and the 89 Moving Average. So, we’ve got an “Engulfing” at the local high, which has been strongly confirmed...

USD/JPY: the bulls want to attack again 7/18/2016 On Friday the currency pair USD/JPY corrected into the Tenkan-Kijun channel. But the bullish sentiment doesn't leave the market. The prices reached the positive region supported by Kijun-sen and in the near future the uptrend may resume. Note...

EUR/USD: euro again under the cloud 7/18/2016 During Friday's session Eurodollar fell below H4 Ichimoku cloud. The bulls failed to test the upper boundary (Senkou Span B) and decided to give up the struggle. Therefore, trading is now carried under the cloud, in the negative zone. Tenkan-Sen...

GBP/USD: "Flag" points to a possible intraday upward movement 7/18/2016 The pair reached the 55 Moving Average, so we’ve got a “Double Top” pattern, which led to decline towards a support at 1.3116. There’s a local “V-Bottom”, so the market is likely going to get a resistance at 1.3471 in the...

EUR/USD: "Double Top" bring bears back into the market 7/18/2016 The price has faced a resistance at 1.1168, which was strengthened by the 89 Moving Average. Also, there’s a “Double Top” pattern, which brought bears into the market. Finally, sellers reached a support at 1.1015, which led to...

GBP/USD: the bulls got tired 7/18/2016 GBP/USD reached 88.6% of the "Shark" pattern's target. If the bulls fail to return above resistance at 1.3323 in the near term (23.6% Fibo of the last descending wave), the bears will be able to regain control. Trend remains bearish. It's target is at 1.26...

EUR/USD: the trick of the bears 7/18/2016 EUR/USD is consolidating within 1.1000-1.1750 range on the daily chart. The bears are in control. This may be seen from the fact that the pair breached thw lower border of the medium-term uptrend and then retested it. We recommend selling the pair on its...

GBP/USD & MPC member's speech: Looking to resume the post-Brexit's bearish bias? 7/18/2016 Following a very volatile week for GBP/USD, we'll have today at 08:15 GMT a speech from London by MPC member Martin Weale, whom it's expected to talk about Brexit, and we'll see if he gives further hints...

USD/JPY: outlook for July 18-24 7/18/2016 It was a week of a 5% correction to the upside in USD/JPY: the pair rose to 106.30 showing the biggest weekly gain since 1999. Yen weakened for 2 reasons. Firstly, former Federal Reserve Chairman Ben Bernanke met with Japanese authorities fueling...