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Forex Analytics USD/JPY: the insuperable "Window" 16 May 2016 The last “Window” is acting as a strong support as well as the 89 Moving Agerage line. The market is likely going to reach the nearest resistance in the short term. As we can see on the Daily chart, the last “Harami” hasn’t been...

Forex Analytics GBP/NZD reversed from resistance zone 16 May 2016 By: Dmitriy Chernovolov -GBP/NZD reversed from resistance zone -Next sell target - 2.1400 GBP/NZD continues to decline – following the earlier downward reversal from the resistance zone lying between the strong resistance level...

Forex Analytics CAD/CHF reversed from support zone 16 May 2016 By: Dmitriy Chernovolov -CAD/CHF reversed from support zone -Next buy target - 0.7590 CAD/CHF has been rising in the last few trading sessions – following the earlier upward reversal from the support zone lying at the...

Forex Analytics CAD/CHF reversed from support zone 16 May 2016 By: Dmitriy Chernovolov -CAD/CHF reversed from support zone -Next buy target - 0.7590 CAD/CHF has been rising in the last few trading sessions – following the earlier upward reversal from the support zone lying at the...

Forex Analytics EUR/USD: "Harami" led to a local correction 16 May 2016 There's a “Harami” on the 144 Moving Agerage, so an upward correction becomes possible. If the price gets a support on the 89 Moving Agerage, there’ll be an opportunity to see a decline towards the nearest “Window”. As...

Forex Analytics GBP/USD: bears escaped from the "Triangle" 16 May 2016 The last flat along the Moving Averages was finally ended up. The price got a support at 1.4343 afterwards, so there's time for a local correction. If the pair faces a resistance at 1.4425, bears are likely going to taste...

Forex Analytics EUR/USD: "V-Bottom" points to a correction 16 May 2016 There’s a “V-Top” pattern, which led to the current decline. The price faced a support at 1.1271, so we’ve got a local correction in progress. The market is likely going to reach a resistance at 1.1366 . If a pullback...

Forex Analytics EUR/USD: "Hammer" frightened bears away 13 May 2016 The price has tested the nearest resistance twice, so the pair achieved the 89 Moving Average afterwards. It's likely that the market is going to reach the 144 Moving Average, which could bring any bullish pattern. As we can...

Forex Analytics AUD/USD reached sell target 0.7330 13 May 2016 By: Dmitriy Chernovolov -AUD/USD reached sell target 0.7330 -Next sell target - 0.7200 AUD/USD has been falling in the last few trading sessions inside the (c)-wave of the minor ABC correction 2 from the end of April. The price...

Forex Analytics EUR/USD reached sell target 1.1400 13 May 2016 By: Dmitriy Chernovolov -EUR/USD reached sell target 1.1400 -Next sell target - 1.1300 EUR/USD has been falling in the last few trading sessions inside the intermediate impulse wave (3) – which started earlier – when the pair...

Forex Analytics GBP/USD: the flat takes the form of a "Triangle" 13 May 2016 The price has been moving in a flat since a “Triple Bottom” was formed at the last low. There’s a possible “Triangle” in progress, so the market is likely going to break its lower side in the short term. Therefore...

Forex Analytics EUR/USD: bears are going to spurt in attack 13 May 2016 The price faced a resistance at 1.1453, which brought a “V-Top” pattern at the local high. The local uptrend line has been broken afterwards, so the market is likely going to reach a support at 1.1327 in the short term...

Forex Analytics EUR/JPY reversed from support zone 12 May 2016 By: Dmitriy Chernovolov -EUR/JPY reversed from support zone -Next buytarget - 126.00 EUR/JPY continues to rise inside the minor corrective wave 2, which started previously – when the pair reversed up from the support zone lying...

Forex Analytics EUR/USD: bears are balancing on the "Window" 12 May 2016 There’re a “Hammer”, an “Engulfing” and an “Inverted Hammer”, which all have been confirmed enough. Also, we’ve got a “Harami” at the local high, so the pair is likely going to test the nearest support. If we see a...

Forex Analytics GBP/USD: flat locked in the range of a "Wedge" 12 May 2016 The pair has been moving in a flat between the Moving Average lines. There's a possible “Wedge” pattern, so finally the market is likely going to break its lower side. Therefore, we should keep an eye on the nearest...

Forex Analytics EUR/USD: the trendline is too tough for bears 12 May 2016 The price faced a support at the bullish trendline, which led to form a “V-Top” pattern. The market is likely going to test the trendline and the Moving Averages ones again. If we see a pullback from these levels...

Forex Analytics USD/JPY: bears are banging on the "Window" 11 May 2016 There's a pullback from the 89 Moving Average, which led to the current decline. The price has reached the nearest “Window”, but we haven’t got any bullish patterns so far. Therefore, the market is likely going to get a...

Forex Analytics EUR/USD: "High Waves" formed one after another 11 May 2016 The price is moving in a flat between the Moving Averages. There're a “Hammer”, an “Engulfing” and an “Inverted Hammer”, but their confirmation isn’t enough. Therefore, the pair is likely going to test the nearest...

Forex Analytics CHF/JPY reversed from resistance zone 11 May 2016 By: Dmitriy Chernovolov -CHF/JPY reversed from resistance zone -Next sell target - 110.00 CHF/JPY recently reversed down from the resistance zone lying between the resistance level 112.30 (former strong support level which...

Forex Analytics USD/CAD reversed from resistance zone 11 May 2016 By: Dmitriy Chernovolov -USD/CAD reversed from resistance zone -Next sell target - 1.2800 USD/CAD recently reversed down from the resistance zone lying at the intersection of the pivotal resistance level 1.3000 (former strong...