Forex Lasers Forum | MT4 Indicators | Brokers | Systems

Go Back   Forex Lasers Forum | MT4 Indicators | Brokers | Systems > FOREX TRADING > Currency Analysis


Currency Analysis Forex Forecasts - Technical Analysis of the 4 majors (EUR/USD, GBP/USD, USD/JPY, USD/CHF) & other pairs. Post your FX charts!

» Sponsored Links
» Broker Ratings
INTERBANKFX
www.interbankfx.com
SAXO BANK
www.saxobank.com / www.saxobank.ch
REALTIME FOREX
www.realtimeforex.com
MB TRADING
www.mbtrading.com
IFOREX
www.iforex.com
Reply
 
LinkBack Thread Tools Search this Thread
  #5431  
Old 11-08-2017, 14:50
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

EUR/USD: BEARISH "SHOOTING STAR" AND "DOJI"
15:16 11.08.2017



The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed. So, the pair is likely going to continue declining until any bullish pattern forms.



There're bearish patterns such a "Shooting Star" and a "Doji", which both have been confirmed. However, we've got a bullish "Inverted Hammer", so there's an opportunity to have a local upward correction. Anyway, bears are likely going to test the next support afterwards.

More:
https://fbs.com/analytics/articles/e...22doji%22_2913
Reply With Quote
  #5432  
Old 11-08-2017, 14:54
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

USD/JPY: BULLISH "DOJI"
15:19 11.08.2017



The "Window" has been broken, but there's a bullish "Doji", which hasn't been confirmed yet. It's likely that the pair is going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.



We've got a "Harami" and a "Tweezers" patterns. In this case, the pair is likely going to test the Moving Averages in the short term. However, if a pullback from these lines arrives afterwards, there'll be an option to have a decline in the direction of the nearest support.

More;
https://fbs.com/analytics/articles/u...22doji%22_2914
Reply With Quote
  #5433  
Old 11-08-2017, 17:22
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

EUR/USD RISING INSIDE MINOR (B)-WAVE
19:57 11.08.2017

EUR/USD rising inside minor (b)-wave
Next buy target - 85.70
EUR/USD continues to rise inside the minor (b)-wave which started earlier – when the pair reversed up from the combined support zone lying between the support level 1.1700 and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of July. EUR/USD is expected to rise further to next buy target at the next resistance level 85.70 (high of the impulse wave (i) and the target price calculated for the completion of the active wave (b)).



More:
https://fbs.com/analytics/articles/e...b%29_wave_2922
Reply With Quote
  #5434  
Old 11-08-2017, 17:26
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

EUR/GBP REACHED BUY TARGET 0.9100
19:59 11.08.2017

EUR/GBP reached buy target 0.9100
Next buy target - 0.9200
EUR/GBP continues to rise inside the minor impulse wave (iii), which earlier reversed up from the round support level 0.9000 (former strong resistance level which stopped the previous minor impulse wave (i) in the middle of July, as can be seen from the daily EUR/GBP chart below). The price today reached the resistance level 0.9100 (which was set as the buy target in our previous forecast for this pair). EUR/GBP is expected rise to next buy target at the next resistance level 0.9200.



More:
https://fbs.com/analytics/articles/e...et_0.9100_2923
Reply With Quote
  #5435  
Old 14-08-2017, 09:46
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

GOLD (XAU/USD): $1300 AS THE NEXT TARGET?
03:31 14.08.2017

The precious metal has been strong across the Forex market and it’s consolidating gains well above the $1290 level. So far, according to the H1 chart, a bullish crossover is happening with the 50 and 200 SMA, which reinforces the bullish idea in the gold. However, because of the solid rise, we can expect a decline to correct the overall structure towards the 50% Fibonacci retracement level at $1271.82.

Above that area, if XAU/USD holds that level and rebounds, we can expect a rally to test the -23.6% Fibonacci level at $1301.87 in a first degree. RSI indicator is overbought and calling for another leg lower, before to resume the bullish bias.



More:
https://fbs.com/analytics/articles/g...t_target__2928
Reply With Quote
  #5436  
Old 14-08-2017, 10:28
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

EUR/USD: BULLS RETURNED TO POSITIVE AREA
09:36 14.08.2017

Technical levels: support – 1.1780; resistance – 1.1820.

Trade recommendations:

Buy — 1.1830; SL — 1.1810; TP1 — 1.1900; TP2 – 1.1930.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen, but horizontal Tenkan-sen and Kijun-sen; the market returned into the positive area and will supported by the Cloud.



More:
https://fbs.com/analytics/articles/e...tive_area_2933
Reply With Quote
  #5437  
Old 14-08-2017, 10:37
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

AUD/USD: AUSSIE TRIED TO BREAKOUT SSA’S RESISTANCE
09:37 14.08.2017

Technical levels: support – 0.7880; resistance – 0.7930.

Trade recommendations:

Buy — 0.7890; SL — 0.7870; TP1 — 0.7930; TP3 — 0.7990.
Reason: irregular bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the prices are on the support of Tenkan-sen and Kijun-sen.



More:
https://fbs.com/analytics/articles/a...esistance_2934
Reply With Quote
  #5438  
Old 14-08-2017, 10:46
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

USD/JPY: YEN WANTS TO COME BACK
10:48 14.08.2017

On the daily chart, USD/JPY bulls are trying to return the pair inside the triangle. If they manage to do it, successful test of resistance at 110.52 will strengthen the risks of correction towards the upper border of the downtrend channel. On the other hand, if bulls fail, bears will be able to keep pulling the pair down to 108 and then 104 (161.8% target of AB=CD).



On H1, the pair left the descending trend channel and is now testing resistance at 109.62. A successful test will strengthen the odds of 88.6% target of “Shark” pattern.



More:
https://fbs.com/analytics/articles/u...come_back_2938
Reply With Quote
  #5439  
Old 14-08-2017, 10:58
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

NZD/USD IS PREPARING TO TAKE OFF
11:03 14.08.2017

Recommendation:

BUY 0.7335

SL 0.7280

TP1 0.7445 TP2 0.7525

On the daily chart, NZD/USD keeps forming the inverted 5-0 pattern. The recoil of support at 0.7278 (38.2% of the wave CD) allowed traders to form longs in hope for a resumption of the uptrend. The necessary condition for this scenario is the return of the prices inside the borders of the short-term uptrend channel.



On H1, NZD/USD is forming a “Dragon” pattern. The break of resistance at 0.7334-0.7337 (61.8% of the last bullish wave + the upper border of the descending trend channel + dragon’s head) will increase the odds of the bearish trend.



More:
https://fbs.com/analytics/articles/n..._take_off_2940
Reply With Quote
  #5440  
Old 14-08-2017, 12:14
riki143's Avatar
Momentous Moments Member
 
Join Date: Aug 2012
Posts: 5,553
Default Re: Market news and trade recommendations by FBS

EUR/USD: "TRIPLE TOP" PATTERN
12:14 14.08.2017



The upper side of the last "Wedge" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance at 1.1875 - 1.1909. If a pullback from this area happens afterwards, there'll be an opportunity to have a decline.



All Moving Averages have been broken, but there's a "Triple Top" pattern, so the price is likely going to reach the closest support at 1.1801 - 1.1784. However, if we see a pullback from this area, bulls will probably try to reach the next resistance at 1.1845 - 1.1875.

More:
https://fbs.com/analytics/articles/e...2_pattern_2943
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
About news trading safnur News trading 8 24-11-2015 14:37
The fundamental difference in the stock market and the forex market jamiebrwn Forex Discussion 3 11-08-2014 08:14
Daily Market News by TradingForex TF2012 Currency Analysis 0 02-10-2012 09:42
EUR/ USD Daily News Emmafx Forex Discussion 0 04-06-2012 14:56
"Forex Levels" - Trading recommendations, daily forecast on EURUSD and GBPUSD IvanUrupa Trading Journals 34 20-03-2012 05:20

» Sponsored Links
» Log in
User Name:

Password:

Not a member yet?
Register Now!
» Free Forex Guide
Powered by vBadvanced CMPS v3.2.1

All times are GMT. The time now is 01:50.


Powered by vBulletin® Version 3.8.8 Beta 3
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1