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Forex Analytics GBP/USD: "Triple Top" is still on the table 8 April 2016 Sergey Logachev We've got a “V-Bottom” pattern, which led to the current upward correction. Finally, the price faced a resistance at 1.4117 and started to decline afterwards. The market is likely going to continue...

Forex Analytics EUR/USD: series of "V" tops 8 April 2016 Sergey Logachev The main trend remains bullish. There's a flat in progress above the upper side of “Triangle” pattern. The market is likely going to decline towards a support at 1.1326 in the short term. If a pullback arrives, then...

Forex Analytics Trading plan for April 8 By Kira Iukhtenko USD/JPY was the major mover on Thuesday, plummeting below 108.00. The recent nearish trend was strengthened by the dovish FOMC meeting minutes, released on Wednesday. We maintain a bearish view for the pair, targeting 100 yen in the...

Forex Analytics EUR/JPY: sell target – 122.10 7 April 2016 By: Dmitriy Chernovolov -EUR/JPY falling inside impulse wave (5) -Next sell target – 122.10 EUR/JPY has been falling in the last few trading sessions inside the sharp indeterminate impulse wave (5) – which started earlier - when the...

Forex Analytics EUR/USD: "Belt Hold" throw bulls for a loop 7 April 2016 Galina Svetlova We've got a “Doji”, an “Engulfing” and a “Harami” patterns at the last highs, but their confirmation hasn't formed yet. Also, there’s a bullish “Harami” at the local low. The market is likely going to...

Forex Analytics EUR/USD: the flat is rich of candle patterns 6 April 2016 Galina Svetlova There’re a “Doji” and an “Engulfing” at the last high, which have been confirmed enough. So, the market is likely going to reach the nearest support line. As we can see on the Daily chart, we’ve got a...

Forex Analytics CHF/JPY: sell target – 114.00 6 April 2016 By: Dmitriy Chernovolov -CHF/JPY falling inside impulse waves 5 and (3) -Next sell target – 114.00 CHF/JPY has been falling sharply in the last few trading sessions inside the minor impulse wave 5, which belongs to the intermediate...

Forex Analytics GBP/JPY: sell targets - 155.00 and 152.50 6 April 2016 By: Dmitriy Chernovolov -GBP/JPY broke daily Triangle -Next sell targets - 155.00 and 152.50 GBP/JPY continues to fall inside the minor impulse wave 3, which earlier broke through the support zone lying at the...

Forex Analytics GBP/USD: bears poking fun at bulls in the Pennant 6 April 2016 Sergey Logachev The price has been falling down since a “Triple Top” arrived at the last high. We’ve got a support at 1.4117, but this is likely not the end of the current bearish rally. The market is probably...

Forex Analytics EUR/USD: bulls have a rest in a range of "Triangle" 6 April 2016 Sergey Logachev The main trend on the four-hour chart is a still bullish. The price has broken “Triangle” pattern’s upper side and reached a resistance at 1.1460 afterwards. So, we’ve got a local consolidation...

Forex Analytics Forex trading plan for April 6 By Kira Iukhtenko US Dollar extended recovery on Tuesday following the relatively upbeat US labor market figures on Friday. On Wednesday, the market will focus on on the FOMC meeting minutes release фе 18:00 GMT on Wednesday. As for the EUR/USD...

Forex Analytics USD/JPY: "Three Methods" put new heart into bears 5 April 2016 Galina Svetlova The market has been declining since an “Evening Star” was formed at the last high. Moreover, there’s a “Three Methods” pattern, which led to the more bearish pressure. So, it’s likely that the...

Forex Analytics USD/JPY: sell target - 109.00 5 April 2016 By: Dmitriy Chernovolov -USD/JPY broke pivotal support level 111.00 -Next sell target - 109.00 USD/JPY recently broke the pivotal support level 111.00 (which has been reversing the price from the middle of February, as can be seen...

Forex Analytics GBP/USD: the trend line is waiting for bears 5 April 2016 Sergey Logachev The pair was rising the last two days since a “Double Bottom” arrives at the local low. Finally, the market faced a resistance at 1.4325, which led to the current decline. It’s likely to see a support...

Forex Analytics EUR/USD: bearish correction through the "Thorns" 5 April 2016 Sergey Logachev The main trend on the four-hour chart is a bullish one. At the same time, we’ve got a flat in progress under the nearest resistance at 1.1409. It’s likely to see a bearish movement towards a support...

Forex Analytics Forex trading plan for April 5 4 April 2016 By Elizabeth Belugina The US dollar’s decline was tempered by good economic data released on Friday, but the dovish words by Janet Yellen still affect American currency. On Tuesday pay some attention to US trade balance at 12:30 GMT...

Forex Analytics NZD/CAD: buy target – 0.9050 1 April 2016 By: Dmitriy Chernovolov -NZD/CAD rising inside intermediate impulse wave (3) -Next buy target – 0.9050 NZD/CAD continues to rise inside the intermediate impulse wave (3) – which started earlier – when the price reversed up from the...

Forex Analytics USD/CHF: sell targets - 0.9550 and 0.9500 1 April 2016 By: Dmitriy Chernovolov -USD/CHF broke support zone -Next sell targets - 0.9550 and 0.9500 USD/CHF recently broke below the support zone lying at the intersection of the pivotal support level 0.9670 (which stopped the...

Forex Analytics EUR/USD: "Pennant" strengthened bulls' pressure 1 April 2016 Sergey Logachev The price has found a resistance at 1.1409, which led to the current correction. Therefore, in the short term it's likely that the market is going to achieve the next upper levels such as a...

Forex Analytics Forex trading plan for April 1 31 March 2016 By Kira Iukhtenko Fed’s dovish comments at the beginning of the week worsened the market sentiment towards the US Dollar. On Thursday, increased unemployment claims added pressure to the greenback ahead of the most expected release...