Forex Lasers Forum

Go Back   Forex Lasers Forum > FOREX TRADING > Currency Analysis

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

» Forex Ad
Reply
 
LinkBack Thread Tools Search this Thread
  #5641  
Old 13-09-2017, 11:12
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

GBP/USD: INDIANS ON THE HORIZON
08:52 13.09.2017

Recommendation:

SELL 1.34

SL 1.3455

TP1 1.3265 TP2 1.321

On the daily chart, GBP/USD keeps forming an AB=CD pattern. Its 127.2% target is near the line of “Three Indians”. This increases the risks of correction if bulls show weakness and fail to overcome important resistance at 1.3400.



On H1, a break above the level of 88.6% of the wave CD of the 5-0 pattern allowed bulls to resume the uptrend. The pair is currently forming “Spike and reversal with acceleration” and AB=CD.



More:
https://fbs.com/analytics/articles/g...e-horizon-3691
Reply With Quote
  #5642  
Old 13-09-2017, 14:48
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

USD/JPY: "EVENING STAR" THE UPPER "WINDOW"
11:42 13.09.2017



The price reached the 144 Moving Average, so there's a bearish "Doji", which hasn't been confirmed enough. Therefore, we could have a local upward correction in the short term, but bears are likely going to deliver another decline afterwards.



We've got a bearish "Evening Star" on the upper "Window". Considering confirmation of this pattern, the pair is likely going to achieve the Moving Averages during the day.

More:
https://fbs.com/analytics/articles/u...er-window-3694
Reply With Quote
  #5643  
Old 13-09-2017, 14:54
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

EUR/USD: BEARISH "TWEEZERS"
11:43 13.09.2017



We've got an "Engulfing" and a "Belt hold" patterns on the 34 Moving Average. In this case, the market is likely going to test the nearest support once again. If a pullback from this level happens, we could have a bullish price movement towards the nearest "Window".



The price is consolidating near the Moving Averages. At the same time, we've got a bearish "Tweezers", but this pattern remains unconfirmed. So, the lower "Window" is going to act as support for the second time.

More:
https://fbs.com/analytics/articles/e...-tweezers-3695
Reply With Quote
  #5644  
Old 14-09-2017, 11:41
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

GBP/USD: POUND IS ON KIJUN’S SUPPORT
08:09 14.09.2017

Technical levels: support – 1.3180; resistance – 1.3280.

Trade recommendations:

Buy — 1.3200; SL — 1.3180; TP1 — 1.3280; TP2 — 1.3350.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are on the support of Kijun-sen.



More:
https://fbs.com/analytics/articles/g...s-support-3722
Reply With Quote
  #5645  
Old 14-09-2017, 11:57
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

AUD/USD: AUSSIE ENTERED INTO CLOUD
08:10 14.09.2017

Technical levels: support – 0.7965; resistance – 0.8040, 0.8070.

Trade recommendations:

Buy — 0.7990; SL — 0.7970; TP1 — 0.8040; TP3 — 0.8070.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are entered into the Cloud, nut found a support of Senkou Span B.



More:
https://fbs.com/analytics/articles/a...nto-cloud-3723
Reply With Quote
  #5646  
Old 14-09-2017, 12:04
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

EUR/JPY: BULLS ARE TAMING A DRAGON
08:46 14.09.2017

Recommendations:
BUY 130.9
SL 130.35
TP1 132 TP2 133.9
BUY 130.65
SL 130.1
TP1 132 TP2 133.9

On the daily chart, the attempt of bulls to settle above 132 failed. To start correction, bears need to conquer diagonal support in the form of the lower border of an uptrend. The lack of progress in this will return the initiative to buyers.



On H1, EUR/JPY finishes forming “Dragon” pattern. Pullbacks toward support at the “Coil of the Dragon’s Tail” and the following rebounds will allow forming long positions



More:
https://fbs.com/analytics/articles/e...-a-dragon-3724
Reply With Quote
  #5647  
Old 14-09-2017, 12:08
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

USD/JPY: BULLS GRAB THE BIGGEST PIECE OF THE PIE
09:01 14.09.2017
Recommendation:

BUY 109.9
SL 109.35
TP 111.65
BUY 109.4
SL 109.95
TP1 110.9 TP2 111.65

On the daily chart, bulls showed their strength as they managed to lead the pair outside of the long-term descending trend channel. Before that, the pair returned inside the medium-term uptrend channel. If buyers manage to keep the USD above 110.52, the odds of continuation towards 88.6% target of the Shark pattern will significantly increase.



On H1, USD/JPY formed a “Widening wedge” pattern. Pullbacks towards 23.6%, 38.2%, and 50% are usually used for opening longs.



More:
https://fbs.com/analytics/articles/u...f-the-pie-3726
Reply With Quote
  #5648  
Old 14-09-2017, 12:23
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

EUR/USD: BROKEN "PENNANT"
09:17 14.09.2017



The pair faced support at 1.1864, so the market is likely going to test the nearest resistance area at 1.1909 - 1.1925 in the short term. However, if a pullback from this area happens, we could have another decline in the direction of the next support at 1.1850 - 1.1822.



Bears found support at 1.1874 - 1.1864, so the price is rising. The main intraday target is the closest resistance at 1.1907 - 1.1925. Meanwhile, if we have a pullback from these levels, bears will probably try to reach the nearest support at 1.1851 - 1.1822.

More:
https://fbs.com/analytics/articles/e...n-pennant-3727
Reply With Quote
  #5649  
Old 14-09-2017, 12:28
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

GBP/USD: 55 MA ACTED AS SUPPORT
09:23 14.09.2017



We've got a "V-Top" pattern, which pushed the price to support at 1.3190. Therefore, the market is likely going to reach the nearest resistance at 1.3129 - 1.3249. If a pullback from this area happens, there'll be an opportunity to have a decline towards the next support at 1.3190 - 1.3159.



The 55 Moving Average has acted as support, so the price is consolidating. In this case, bulls are likely going to test the closest resistance at 1.3227 - 1.3249. However, if we see a pullback from this area, bears will probably try to achieve another support at 1.3186 - 1.3159.

More:
https://fbs.com/analytics/articles/g...s-support-3729
Reply With Quote
  #5650  
Old 14-09-2017, 12:33
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 5,849
Default Re: Market news and trade recommendations by FBS

USD/JPY: "WINDOW" ACTING AS SUPPORT
10:54 14.09.2017



The last "Window" has been broken, but the price is consolidating. Also, we've got bearish patterns such a "Harami" and a "Doji", but both of them haven't been confirmed enough. So, the 144 Moving Average is likely going to act as support.



We've got a bearish "Engulfing" at the last high, but this pattern hasn't been confirmed, cause the lower "Window" is acting as support. So, the price is likely going to test the nearest support level, which could be a departure point for another bullish rally.

More:
https://fbs.com/analytics/articles/u...s-support-3734
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 Off
[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

» Forex Ad
» Log in
User Name:

Password:

Not a member yet?
Register Now!
Powered by vBadvanced CMPS v3.2.1

All times are GMT. The time now is 01:29.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2017, vBulletin Solutions, Inc.