riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 EUR/JPY: EURO SAYS “BYE” TO CONSOLIDATION 07:00 19.10.2017 Recommendation: BUY 133.5 SL 132.95 TP1 135 TP2 136.1 On the daily chart, EUR/JPY is consolidating in the 131.65-133.50 range within the “Spike and ledge” pattern. The trend is bullish, so it’s necessary to prefer buying. A break of resistance at 133.50 will increase the risks of triggering junior and senior AB=CD pattern. On H1, EUR/JPY formed a widening wedge. The pair’s return to 78.6-88.6% of the wave 4-5 points at bulls’ strength. To continue the rally a successful test of resistance at 133.50 is necessary. More:https://fbs.com/analytics/articles/eur-jpy-euro-says-bye%E2%80%9D-to-consolidation-4495 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 USD/JPY: BULLS HAVE AWAKENED 07:08 19.10.2017 Recommendation: BUY 113.25 SL 112.7 TP1 114.3 TP2 115.35 On the daily chart, the inability of bulls to hold quotes within the long-term channel points at their weakness. Bulls counterattacked and want to reach 88.6% and 113% of the inverted “Shark” pattern. On H1, USD/JPY formed a “Widening wedge”. A break of 78.6% of the wave 4-5 means that bulls are serious. A successful test of resistance at 113.25 will become a signal for opening longs. More:https://fbs.com/analytics/articles/usd-jpy-bulls-have-awakened-4496 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 EUR/USD: BULLISH "DOUBLE BOTTOM" 11:58 19.10.2017 There's a bullish "Double Bottom", so the price is consolidating under the 89 Moving Average. The main intraday target is the nearest resistance area at 1.1822 - 1.1875, which could be a departure point for a bearish correction. The price is consolidating between the levels 1.1819 - 1.1793. If a pullback from the 89 MA happens, there'll be an opportunity to have an upward price movement towards the next resistance at 1.1848 - 1.1860. More:https://fbs.com/analytics/articles/eur-usd-bullish-double-bottom-4505 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 GBP/USD: LOCAL "V-TOP" PATTERN 12:01 19.10.2017 The last "Double Bottom" pushed the price to the nearest resistance at 1.3221. However, there's a local "V-Top", so bears are likely going to test the closest support at 1.3150 in the short term. We've got a "Double Top", so the market is likely going to test the next support at 1.3169 - 1.3144 during the day. If a pullback from these levels happens, we could have a decline towards the closest resistance at 1.3240 - 1.3256. More:https://fbs.com/analytics/articles/gbp-usd-local-v-top-pattern-4506 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 EUR/USD: WAVE (II) FINISHED ON 2/8 MM LEVEL 12:04 19.10.2017 The price fixated above 1/8 MM Level, so wave [ii] may have been formed. Therefore, we're likely going to have another upward impulse in wave [iii]. The main intraday target is 6/8 MM Level. 1/8 MM Level has acted as support twice, so the price is rising. Wave (ii) was finished on 2/8 MM Level just a few hours ago. So, bulls are likely going to test 7/8 MM level in the coming hours. More:https://fbs.com/analytics/articles/eur-usd--wave-ii-finished-on-2-8-mm-level-4507 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 USD/JPY: "THREE METHODS" PATTERN 12:07 19.10.2017 We've got a bearish "Doji", so the price is declining. The main intraday target is 55 Moving Average. If a pullback from this line happens, we could have just another bullish price movement. There's a "Three Methods" pattern, but also the 55 MA acted as support, so we could have a local upward correction in the short term. If any bearish pattern arrives little later on, we should keep an eye on the lower "Window" as an intraday target. More:https://fbs.com/analytics/articles/usd-jpy-three-methods-pattern-4508 Link to comment Share on other sites More sharing options...
riki143 Posted October 19, 2017 Author Report Share Posted October 19, 2017 EUR/USD: BULLISH "ENGULFING" 12:10 19.10.2017 There's a bullish "Engulfing", which has been confirmed. At the same time, we've got a "Three Methods" pattern, so the market is likely going to continue moving up towards the next resistance area. The last "Three Methods" pattern pushed the price higher, so the price fixated above the "Window". We could have just a local bearish correction in the short term. Nevertheless, bulls will probably try to deliver new highs soon. More:https://fbs.com/analytics/articles/eur-usd-bullish-engulfing-4509 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 EUR/USD: BULLS SHOWED WEAKNESS 08:03 20.10.2017 Recommendation: SELL 1.1750 SL 1.1805 TP 1.1615 BUY 1.1860 SL 1.1805 TP 1.1950 On the daily chart, EUR/USD keeps forming 5-0. Pullbacks to 50% and 38.2% of the wave CD are usually used for selling. The inability of bulls to lead the pair outside of the downtrend channel points at their weakness. On H1, a break below diagonal support at 1.1750 will open the way down to 127.2% of the ideal butterfly pattern. On the other hand, successful test of the local high at 1.1860 will mean the continuation of the “widening wedge”. More:https://fbs.com/analytics/articles/eur-usd-bulls-showed-weakness-4524 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 EUR/GBP: EURO IS WORKING WITH A DRAGON 08:46 20.10.2017 Recommendation: BUY 0.896 SL 0.8905 TP1 0.9085 TP2 0.9145 On the daily chart, EUR/GBP recoil from the upper border of the downtrend allowed bulls to counterattack and form the reversal patter 5-0. Its 88.6% target is reached, and the level of 113% is near. The euro will likely continue its way up towards 161.8% target of AB=CD. On H1, EUR/GBP formed a “Dragon” pattern. Pullbacks towards 0.8982-0.8985 and 0.8958-0.8965 will signify formation of the dragon’s head and will be a signal for buying. More:https://fbs.com/analytics/articles/eur-gbp-euro-is-working-with-a-dragon-4527 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 EUR/USD: "V-TOP" PATTERN 13:54 20.10.2017 There's a "V-Top" pattern, so the price reached the Moving Averages. It's likely that the market is going to reach the nearest support area at 1.1772 - 1.1757 in the short term. If a pullback from these levels happens little later on, we could have another upward price movement. We've got a "Triple Top", so the price is consolidating. The main intraday target is the closest resistance at 1.1819 - 1.1831. If a pullback from these levels happens, we could have a decline in the direction of the next support at 1.1780 - 1.1767. More:https://fbs.com/analytics/articles/eur-usd-v-top-pattern-4531 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 GBP/USD: BEARS GOING TO TEST NEAREST SUPPORT 13:57 20.10.2017 The price is consolidating between the levels 1.3221 - 1.3150. It's likely that bears are going to achieve the nearest support at 1.3081 in the short term. If we see a pullback from this level, there'll be an opportunity to have a bullish price movement towards another resistance at 1.3081 - 1.3120. Bears faced with support at 1.3077, so there's a "Thorn" pattern. In this case, the pair is likely going to test the closest resistance at 1.3120 - 1.3150 during the day. Meanwhile, if a pullback from this area arrives afterwards, we could have just another decline. More:https://fbs.com/analytics/articles/gbp-usd-bears-going-to-test-nearest-support-4533 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 EUR/USD: BEARISH "THREE METHODS" PATTERN 14:00 20.10.2017 There are bearish patterns such a "Tweezers" and a "Doji", which both have been confirmed enough. The 21 & 34 Moving Averages are acting as support. Nevertheless, the market is likely going to continue moving down in the short term. We've got a bearish "Three Methods" pattern, but the price faced support on the Moving Averages. Therefore, we could have just a local upward correction and another decline afterwards. More:https://fbs.com/analytics/articles/eur-usd-bearish-three-methods-pattern-4535 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 USD/JPY: "SHOOTING STAR" PATTERN 14:02 20.10.2017 There's a "High Wave" pattern, which has been formed at the local high. So, there's an opportunity to have a downward correcting in the coming hours. However, if we see a pullback from the nearest support level, bulls will probably try to deliver a new local high. We've got a "Shooting Star" pattern, which has been confirmed. Therefore, the pair is likely going to test the lower "Window" during the day. If a pullback from this level happens, there'll be an option to have another bullish price movement. More:https://fbs.com/analytics/articles/usd-jpy-shooting-star-pattern-4536 Link to comment Share on other sites More sharing options...
riki143 Posted October 20, 2017 Author Report Share Posted October 20, 2017 EUR/USD: WAVE [III] STARTED 14:05 20.10.2017 It seems like wave [iii] has been started, so we could have another bullish impulse in the short term. The main intraday target is 6/8 MM Level. The price couldn't fixate above 4/8 MM Level, so wave (i) has been ended. If a pullback from 2/8 MM Level happens little later on, there'll be time for wave (iii) of [iii]. More:https://fbs.com/analytics/articles/eur-usd-wave-iii-started-4538 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 EUR/USD: DOUBLE ZIGZAG IN WAVE [II] 06:16 23.10.2017 The price is likely going to test 0/8 MM Level in the coming hours. If we have a pullback from this level, wave [ii] likely will be ended. In this case, there'll be an opportunity to have another upward impulse in wave [iii]. It seems like wave [ii] is taking the form of a double zigzag on the one-hour chart. So, bears are likely going to test 0/8 MM Level, which could be a departure point for wave (i). In this case, the low of wave (w) will be broken in the coming hours. More:https://fbs.com/analytics/articles/eur-usd-double-zigzag-in-wave-ii-4559 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 AUD/USD: AUSSIE ENTERED INTO NEGATIVE AREA 06:18 23.10.2017 Technical levels: support – 0.7770; resistance – 0.7840 Trade recommendations: Sell — 0.7840; SL — 0.7860; TP1 — 0.7770; TP2 — 0.7730. Reason: narrow bearish Ichimoku Cloud, falling Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in the negative area under the pressure of a Cloud. More:https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-negative-area-4560 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 USD/JPY: DOLLAR REACHED 114.00 06:19 23.10.2017 Technical levels: support – 113.40; resistance – 114.00. Trade recommendations: Buy — 113.40; SL — 113.20; TP1 — 114.00; TP2 — 114.40. Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices are tested the resistance of 114.00 and may going higher. More:https://fbs.com/analytics/articles/usd-jpy-dollar-reached-11400-4561 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 NZD/USD: WILL KIWI CATCH THE WAVE 07:11 23.10.2017 Recommendation: BUY 0.709 SL 0.7035 TP 0.7235 On the daily chart, bears managed to lead the pair to the lower border of the long-term uptrend. A successful test of diagonal support will increase the possibility of a break in an uptrend and formation of the “Crab” pattern. On H1, the return of the pair to the top of the previous short-term consolidation will create grounds for the reversal “Wolfe waves” pattern. More:https://fbs.com/analytics/articles/nzd-usd-will-kiwi-catch-the-wave-4564 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 AUD/USD: BEARS STOPPED SLEEPING 07:22 23.10.2017 Recommendation: SELL 0.78 SL 0.7855 TP1 0.769 TP2 0.76 BUY 0.7885 SL 0.7835 TP 0.8 On the daily chart, AUD/USD keeps trading within “Shark” and “Crab” patterns. After a pullback to 38.2% of the last descending wave, bears try to restore the downtrend. In order to do this, they need to settle above 0.7816. On the other hand, the return of the pair to the short-term downtrend channel will return the initiative to bulls. On H1, a break of diagonal support in form of the lower border of the uptrend channel will strengthen the odds of the pair’s reaching the interim targets at 88.6% and 127.2% of the “Crab” pattern. More:https://fbs.com/analytics/articles/aud-usd-bears-stopped-sleeping-4565 Link to comment Share on other sites More sharing options...
riki143 Posted October 23, 2017 Author Report Share Posted October 23, 2017 EUR/USD: "V-TOP" PATTERN LED TO DECLINE 11:49 23.10.2017 There's a "V-Top" pattern, so the price reached the nearest support at 1.1757. Moreover, the market is likely going to continue moving down, so we should keep an eye on the next support at 1.1729 - 1.1719 as an intraday bearish target. If a pullback from this area happens little later on, there'll be an opportunity to have an upward correction towards the closest resistance at 1.1793 - 1.1822. All the Moving Averages have been broken, so the price is declining. The main bearish target is the next support at 1.1729 - 1.1719. This area could be a departure point for a bullish price movement in the direction of the nearest resistance at 1.1767 - 1.1780. More:https://fbs.com/analytics/articles/eur-usd-v-top-pattern-led-to-decline-4569 Link to comment Share on other sites More sharing options...
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