Forex Lasers Forum

Go Back   Forex Lasers Forum > FOREX TRADING > Forex Analysis

Forex Analysis Technical and fundamental analysis of the majors and crosses. Post your FX charts!

» Forex Ad
Reply
 
LinkBack Thread Tools Search this Thread
  #5801  
Old 10-10-2017, 09:47
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

GBP/USD: MARKET GOING TO TEST 89 MA
08:31 10.10.2017



There's a "V-Bottom", so the price is consolidating. It's likely that the market is going to test the 89 Moving Average in the short term. If a pullback from this line happens, there'll be an opportunity to have a decline towards the nearest support at 1.3150 - 1.3115.



The 55 Moving Average acted as resistance. At the same time, bulls are likely going to test the closest resistance at 1.3221 - 1.3256 during the day. If we see a pullback from these levels, bears will probably try to test another support at 1.3150 - 1.3115 afterwards.

More:
https://fbs.com/analytics/articles/g...est-89-ma-4293
Reply With Quote
  #5802  
Old 10-10-2017, 09:51
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: EXTENSION IN WAVE (III) OF [I]
08:54 10.10.2017



The price has been rising since a pullback from 0/8 MM Level happened. So, there's a developing bullish impulse, which could be wave [i]. The main intraday target is 2/8 MM Level.



There's an extension in wave (iii) of [i], which hasn't been finished yet. Therefore, the price is likely going to test 3/8 MM Level, which could be a departure point for wave (iv). Nevertheless, bulls will try to reach 4/8 MM Level afterwards.

More:
https://fbs.com/analytics/articles/e...-iii-of-i-4294
Reply With Quote
  #5803  
Old 10-10-2017, 14:16
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

USD/JPY: CONSOLIDATION ABOVE "WINDOW"
12:07 10.10.2017



The price is still consolidating above the upper "Window". Also, there are a "Tweezers" and an "Engulfing" patterns, which both have been formed at the last high. So, bears are likely going to test the 89 Moving Average soon.



There's an opportunity to have any bullish pattern on the achieved "Window" level. If so, we're likely going to have a local upward correction. Nevertheless, bears will try to deliver another decline.

More:
https://fbs.com/analytics/articles/u...ve-window-4295
Reply With Quote
  #5804  
Old 10-10-2017, 14:24
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: "THREE METHODS" PATTERN
12:10 10.10.2017



The last "High Wave" pattern led to an achievement of the 55 Moving Average, which acted as resistance. However, bulls are likely going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on, we could have another decline.



There's a "Three Methods" pattern, which pushed the price even higher, so the 144 MA has been broken. Meanwhile, there's an opportunity to have a downward correction towards the nearest support, which could be a departure point for just another bullish price movement.

More:
https://fbs.com/analytics/articles/e...s-pattern-4296
Reply With Quote
  #5805  
Old 11-10-2017, 08:01
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: 89 MA ACTED AS RESISTANCE
06:56 11.10.2017



The 89 Moving Average has acted as resistance, so the price is consolidating. Nevertheless, the pair is likely going to test the next resistance at 1.1848 - 1.1860 in the short term. If a pullback from this area happens little later on, there'll be an opportunity to have a bearish correction towards the nearest support at 1.1793 - 1.1772.



The price is consolidating between the levels 1.1822 - 1.1793. The main intraday target is the closest resistance at 1.1848 - 1.1860. However, if we see a pullback from these levels, bears will probably try to achieve another support at 1.1822 - 1.1793.

More:
https://fbs.com/analytics/articles/e...esistance-4311
Reply With Quote
  #5806  
Old 11-10-2017, 08:07
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

GBP/USD: LOCAL "DOUBLE TOP" PATTERN
06:57 11.10.2017



There's a consolidation, which is taking place under the nearest resistance at 1.3221. The main intraday target is the closest support at 1.3182 - 1.3150. If we have a pullback from this area, bulls will probably try to reach the 89 Moving Average.



The 89 Moving Average has acted as resistance, so there's a "Double Top" pattern. In this case, the market is likely going to test the 34 MA during the day. Meanwhile, if a pullback from this line happens afterwards, there'll be an option to have an upward price movement in the direction of the next resistance at 1.3221 - 1.3256.

More:
https://fbs.com/analytics/articles/g...p-pattern-4312
Reply With Quote
  #5807  
Old 11-10-2017, 08:11
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: WAVE [I] ABOUT TO END
07:16 11.10.2017



Wave 4 may have been formed, cause there's a pullback from 0/8 MM Level. Also, a bullish impulse in wave [i] is about to end, so we could have a downward correction in the short term. The main intraday target for wave [ii] is 1/8 MM Level, which could be a departure point for wave [iii] of 5.



There's a developing impulse in wave [i]. It's likely that wave (v) is going to end on 4/8 MM Level. Therefore, there's an opportunity to have wave [ii] during the day. In this case, we should keep an eye on 2/8 MM Level as an intraday bearish target.

More:
https://fbs.com/analytics/articles/e...ut-to-end-4313
Reply With Quote
  #5808  
Old 11-10-2017, 12:52
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

USD/JPY: "SHOOTING STAR" PATTERN
12:21 11.10.2017



The price is still consolidating. Also, there's a bullish "Engulfing" on the 55 Moving Average, but this pattern remains unconfirmed. So, the price is likely going to continue moving down until any reversal pattern arrives.



We've got a "Shooting Star" pattern, which has been formed on the 55 & 89 Moving Averages. In this case, the pair is likely going to test the nearest support area during the day.

More:
https://fbs.com/analytics/articles/u...r-pattern-4325
Reply With Quote
  #5809  
Old 11-10-2017, 12:58
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: PRICE GOING TO TEST MOVING AVERAGES
12:23 11.10.2017



There's a bearish "Shooting Star", which has been formed on the 89 Moving Average. However, this pattern is still unconfirmed, so we could have just a local correction. Therefore, bulls are likely going to deliver a new local high soon.



At the same time, we've got a confirmed "Shooting Star" on the one-hour chart. So, the price is likely going to test the Moving Averages in the coming hours. If a pullback from these lines happens next, there'll be an opportunity to have another upward price movement.

More:
https://fbs.com/analytics/articles/e...-averages-4326
Reply With Quote
  #5810  
Old 12-10-2017, 09:27
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: EURO TESTED SBB’S RESISTANCE
06:54 12.10.2017

Technical levels: support – 1.1850, 1.1830; resistance – 1.1890, 1.1940.

Trade recommendations:

Buy — 1.1850; SL — 1.1830; TP1 — 1.1890; TP2 – 1.1940.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a strong golden cross of Tenkan-sen and Kijun-se with rising Tenkan-sen and Kijun-sen; the prices are under Senkou Span B and will try to breakout.



More:
https://fbs.com/analytics/articles/e...esistance-4341
Reply With Quote
  #5811  
Old 12-10-2017, 09:40
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

USD/JPY: DOLLAR MAY GO LOWER
06:55 12.10.2017

Technical levels: support – 112.00, 111.60; resistance – 112.70.

Trade recommendations:

Sell — 112.20; SL — 112.40; TP1 — 111.60; TP2 — 111.30.
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; but the market is under the Tenkan’s resistance.



More:
https://fbs.com/analytics/articles/u...-go-lower-4342
Reply With Quote
  #5812  
Old 12-10-2017, 09:49
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: PRICE GOING TO CONTINUE RISING
07:13 12.10.2017



All the Moving Averages have been broken, so the market is likely going to continue moving up in the short term. The main bullish target is the nearest resistance at 1.1892 - 1.1914. If we have a pullback from this area, bears will try to test the closest support at 1.1837 - 1.1822.



Bulls faced with resistance at 1.1889, so the price is consolidating. In this case, bears are likely going to test the nearest support at 1.1848 - 1.1831 during the day. Meanwhile, if a pullback from these levels happens little later on, we could have another bullish rally towards the next resistance.

More:
https://fbs.com/analytics/articles/e...ue-rising-4343
Reply With Quote
  #5813  
Old 12-10-2017, 09:53
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

GBP/USD: BROKEN BULLISH "PENNANT"
07:16 12.10.2017



We've got a bullish "Pennant", which has been broken, so the price is still rising. It seems like the pair is ready to test the next resistance at 1.3290 - 1.3342. However, if we see a pullback from this area, there'll be an opportunity to have a decline in the direction of another support at 1.3221 - 1.3182.



The price faced with resistance at 1.3256, so there's a local consolidation. The 89 Moving Average is likely going to act as support during the day. If so, bulls will probably try to deliver a new local high afterwards.

More:
https://fbs.com/analytics/articles/g...h-pennant-4344
Reply With Quote
  #5814  
Old 12-10-2017, 09:58
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: WAVE [II] COMING SOON
07:20 12.10.2017



The price has been rising since a pullback from 0/8 MM Level happened. Wave [i] is about to end, so if 3/8 MM Level acts as resistance, we could have a downward correction. In this case, we should keep an eye on 1/8 MM Level as an intraday bearish target.



There's a developing bullish impulse in wave [i], which is likely going to end soon. Therefore, if a pullback from 6/8 MM Level happens in the coming hours, bears will probably try to test 2/8 MM Level afterwards.

More:
https://fbs.com/analytics/articles/e...ming-soon-4346
Reply With Quote
  #5815  
Old 12-10-2017, 14:38
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

USD/JPY: BEARISH "HARAMI"
11:53 12.10.2017



The 55 Moving Average has acted as support. However, there's also resistance by the upper "Window". In this case, the price is likely going to test the 89 MA. If a pullback from this line happens, we could have another bullish rally.



There's a bearish "Harami", which has been formed at the last local high. This pattern has been confirmed afterwards, so the price is likely going to test the nearest support level during the day.

More:
https://fbs.com/analytics/articles/u...sh-harami-4351
Reply With Quote
  #5816  
Old 12-10-2017, 14:43
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: "ENGULFING" ON THE UPPER "WINDOW"
11:55 12.10.2017



There's a bearish "Engulfing" pattern, which hasn't been confirmed yet. In this case, the market is likely going to test the 34 Moving Average, which could be a departure point for another upward price movement.



We've got an "Engulfing", which has been formed on the upper "Window". Therefore, the pair is likely going to decline in the short term. The main bearish target is the 144 Moving Average.

More:
https://fbs.com/analytics/articles/e...er-window-4352
Reply With Quote
  #5817  
Old 13-10-2017, 09:10
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/USD: NO ONE WANTS TO GIVE IN
07:01 13.10.2017

Recommendations:

SELL 1.193 SL 1.1985 TP 1.177

BUY 1.177 SL 1.1705 TP 1.193

On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for selling. The inability of bulls to lead the pair outside of the downtrend channel will point at their weakness.



On H1, EUR/USD keeps forming the “Widening wedge”. Pullbacks towards 23.6%, 38.2% and 50% of the wave 4-5 are usually used for buying. Long positions can be entered at 1.1715 and 1.1695.



More:
https://fbs.com/analytics/articles/e...o-give-in-4366
Reply With Quote
  #5818  
Old 13-10-2017, 09:18
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

EUR/GBP DOESN’T WANT TO GIVE UP
07:28 13.10.2017

Recommendation:

BUY 0.8855 SL 0.88 TP1 0.8955 TP2 0.9055

BUY 0.902 SL 0.8965 TP1 0.91 TP2 0.92

On the daily chart, the “Shark” pattern is transforming into 5-0. Pullbacks towards 38.2%, 50% and 61.8% of the wave CD are usually used for buying.



On H1, a break below support at 0.8905-0.8915 will trigger the senior “Shark” pattern with targets at 61.8%, 78.6%, and 88.6%. Risks of the uptrend’s resumption will strengthen in case of a successful test of resistance at 0.9020 (88.6% of the wave CD of the junior “Shark” pattern).



More:
https://fbs.com/analytics/articles/e...o-give-up-4368
Reply With Quote
  #5819  
Old 13-10-2017, 09:23
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

GBP/USD: POUND IS GOING TO SSB
07:37 13.10.2017

Technical levels: support – 1.3270; resistance – 1.3340.

Trade recommendations:

Sell — 1.3340; SL — 1.3360; TP1 — 1.3270; TP2 — 1.3240.
Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and Kijun-sen; the prices are going to Senkou Span B after supported by Kijun-sen.



MoreL:
https://fbs.com/analytics/articles/g...ng-to-ssb-4369
Reply With Quote
  #5820  
Old 13-10-2017, 09:29
riki143's Avatar
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,063
Default Re: Market news and trade recommendations by FBS

AUD/USD: AUSSIE ENTERED INTO CLOUD
07:38 13.10.2017

Technical levels: support – 0.7800; resistance – 0.7850, 0.7880.

Trade recommendations:

Sell — 0.7850; SL — 0.7870; TP1 — 0.7800; TP2 — 0.7780.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are entered into the Cloud and will test the highs of a last week.




More:
https://fbs.com/analytics/articles/a...nto-cloud-4370
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 Forex 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 23:53.


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