riki143 Posted August 22, 2016 Report Share Posted August 22, 2016 GBP/USD: "Double Top" brought bears into the market 8/22/2016  There’s a “Double Top” under the 89 Moving Average. So, bears are likely going to get a support at 1.2979 – 1.2934 in the short term. However, if a pullback from this area happens, there’ll be an opportunity to have a bullish correction towards a resistance at 1.3119 – 1.3183.  The price faced a support at 1.3033, which led to the current consolidation. Therefore, the price is likely going to reach the 34 Moving Average during the day. At the same time, if a pullback from this line arrives later on, we should keep an eye on the next support at 1.3015 – 1.2979 as a possible bearish target. More: https://new.fxbazooka.com/analytics/10147 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2016 Report Share Posted August 22, 2016 https://new.fxbazooka.com/analytics/10149 8/22/2016  Wave C was ended last week, so we’ve got a pullback from 6/8 Murrey Math Level (P=200). Therefore, the price is declining in wave [a]. The main intraday target is 3/8 MM Level, which could be a departure point for an upward correction.  We’ve got a “Diagonal Triangle” in wave v of ©, which led to form wave i. So, there’s a possible bearish extension in wave iii. Under this circumstances, the market is likely going to reach 4/8 Murrey Math Level (P=200). More: https://new.fxbazooka.com/analytics/10148 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2016 Report Share Posted August 22, 2016 Key option levels for Monday, August 22th 8/22/2016Â EUR/USDÂ Â Â Main trend Short-term period Medium-term period Neutral Bearish Changes in the open interest + 42 856 ? - 26 548 ? Closest resistance levels 1.1336; 1.1360/71; 1.1385; 1.1403 Closest support levels 1.1259; 1.1232; 1.1201; 1.1165 Trading recommendations Baseline scenario Buy EUR/USD above 1.1336, with the target points at 1.1360 and 1.1385 Alternative scenario Moving below 1.1259 can be considered as a signal to sell the pair, with target at 1.1232 and 1.1201Â GBP/USDÂ Â Â Main trend Short-term period Medium-term period Bearish Bearish Changes in the open interest + 808 ? + 1 652 ? Closest resistance levels 1.3108; 1.3136; 1.3168; 1.3188 Closest support levels 1.3014; 1.2995; 1.2973; 1.2947 Trading recommendations Baseline scenario Sell GBP/USD below 1.3014, with target points at 1.2995 and 1.2973 Alternative scenario Moving above 1.3108 can be considered as a signal to buy the pair, with target at 1.3136 and 1.3168Â USD/JPYÂ Â Â Main trend Short-term period Medium-term period Bullish Neutral Changes in the open interest + 1 349 ? + 511 ? Closest resistance levels 100.96; 101.17; 101.42; 101.71 Closest support levels 100.13(08?); 99.88 (78?); 99.64 Trading recommendations Baseline scenario Long USD/JPY above 100.96, with the target points at 101.17 and 101.42 Alternative scenario Moving below 100.13 can be considered as a signal to sell the pair, with target at 99.88 and 99.64Â USD/CADÂ Â Â Main trend Short-term period Medium-term period Bullish Bullish Changes in the open interest + 572 ? + 445 ? Closest resistance levels 1.2913; 1.2945; 1.2987; 1.3041 Closest support levels 1.2857; 1.2837; 1.2806; 1.2776 Trading recommendations Baseline scenario Buy USD/CAD above 1.2913, with the target points at 1.2945 and 1.2987 Alternative scenario Moving below 1.2857 can be considered as a signal to sell the pair, with target at 1.2837 and 1.2806Â More: https://new.fxbazooka.com/analytics/10149 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2016 Report Share Posted August 22, 2016 EUR/USD: consolidation in a range of the "Window" 8/22/2016  We’ve got a “Harami” at the last high, which has been confirmed enough. Also, there’s an “Engulfing” on the nearest support level, so bulls are likely going to deliver an upward correction. As we can see on the Daily chart, here’s a “Harami” at the local maximum. If it confirms, bears will have an opportunity to push the market lower.  There’re a “Tweezers” and an “Engulfing” at the last low, which both have a good confirmation. Therefore, the pair is likely going to rise during the day until any bearish pattern forms.  More: https://new.fxbazooka.com/analytics/10154 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 22, 2016 Report Share Posted August 22, 2016 USD/JPY: new "Window" formed 8/22/2016  There’s a correction inside the main bearish trend. Also, we’ve got a new “Window” and a “Harami” at the local high. If this pattern confirms, there’ll be an opportunity to see a local decline towards the lower side of today’s “Window”. As we can see on the Daily chart, there’s a bullish “Harami”, so right after a local decline bulls are likely going to deliver an upward correction.  We’ve got an “Engulfing” at the local high, which has been confirmed enough. So, the price is likely going to close the last “Window” during the day. More: https://new.fxbazooka.com/analytics/10155 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 EUR/USD & New Home Sales: Bullish potential remains alive 8/23/2016 Following a very quiet Monday in terms of the economic calendar, today we'll have the New Home Sales in the United States at 14:00 GMT, where the analysts are expecting a slight decline from 592K to 575K. This macro data is classified as a medium-impact catalyst for US Dollar and eventually we may see some volatile movements on the greenback, ahead of Yellen's speech at Jackson Hole Symposium due this week. The technical picture for EUR/USD at H4 chart is showing a bullish trend line channel's formation, helping to boost the pair above the 200 SMA. The next resistance is placed at the 1.1347 level, where a breakout should push it to test the 1.1406 level, in case that the New Home Sales came worst-than-expected. By another hand, if the EUR/UD does a pullback at the current stage, then the next support is located at the 1.1240 level.  More: https://new.fxbazooka.com/analytics/10156 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 EUR/USD: bulls going to deliver new high 8/23/2016  There’s a “V-Bottom” pattern, which led to the current upward price movement, so yesterday’s “Breakaway Gap” has been closed. Despite of a resistance at 1.1324, the market is likely going to reach the next resistance at 1.1381 – 1.1398. If a pullback from this area happens, there’ll be an opportunity to have a decline towards a support at 1.1324 – 1.1282.  The price has been rising since a “V-Bottom” pattern formed at the local low. So, bulls are likely going to get a resistance at 1.1381 – 1.1398. However, if buyers be stopped here, then bears will probably try to deliver a local correction. More: https://new.fxbazooka.com/analytics/10159 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 GBP/USD: "Pennant" highlights increasing bullish pressure 8/23/2016  We’ve got a “Double Bottom” pattern above a support at 1.3015, so the price reached a resistance at 1.3183. In this case, bulls are likely going to achieve a resistance at 1.3214 – 1.3247 in the short term. If a pullback from these levels be on the table, then a bearish correction becomes possible.  There’s a consolidation above a support at 1.3119. Also, there’s a “Pennant” pattern, so the pair is likely going to get a resistance at 1.3214 – 1.3247. At the same time, if we see a pullback from this area, there’ll be an opportunity to have a correction in the direction of the nearest support at 1.3119 – 1.3092. More: https://new.fxbazooka.com/analytics/10160 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 EUR/USD: wave v of © is on the way 8/23/2016  Bulls have came back into the market. It’s likely that yesterday wave iv was formed, so the price is currently rising in wave v of ©. Therefore, buyers are going to break wave’s 3 high very soon. The main intraday target is 7/8 Murrey Math Level (P=200).  As we can see on the one-hour chart, there’s a zigzag in wave iv. Also, we’ve got an upward impulse in wave [1], which confirms the beginning of wave v of ©. So, the next bullish target is +1/8 Murrey Math Level (P=200), which could be a departure point for wave [4]. More: https://new.fxbazooka.com/analytics/10162 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 EUR/USD: returning to positive area 8/23/2016 Technical levels: support – 1.1305, 1.1270; resistance – 1.1330, 1.1360, 1.1450. Trade recommendations: 1. Buy — 1.1310; SL — 1.1290; TP1 — 1.1360; TP2 – 1.1450. Reason: bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.  More: https://new.fxbazooka.com/analytics/10164 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 AUD/USD: the Bulls are active 8/23/2016 Technical levels: support – 0.7615, 0.7590; resistance – 0.7650, 0.7680. Trade recommendations: 1. Buy — 0.7620; SL — 0.7600; TP1 — 0.7680; TP2 — 0.7720. Reason: a weak dead cross of Tenkan-sen and Kijun-sen; bullish Ichimoku Cloud; strong support of Senkou Span B.  More: https://new.fxbazooka.com/analytics/10165 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 USD/JPY: the Bears are coming back 8/23/2016 Technical levels: support – 100.00; resistance – 100.40. Trade recommendations: 1. Sell — 100.00; SL — 100.20; TP1 — 99.00; TP2 — 98.50. Reason: a bearish Ichimoku Cloud; a new irregular golden cross of Tenkan-sen and Kijun-sen; a strong resistance of Senkou Span A.  More: https://new.fxbazooka.com/analytics/10166 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 Key option levels for Tuesday, August 23th 8/23/2016Â EUR/USDÂ Â Â Main trend Short-term period Medium-term period Bullish Bearish Changes in the open interest + 43 258 ? + 17 840 ? Closest resistance levels 1.1360; 1.1384; 1.1402; 1.1426 Closest support levels 1.1319; 1.1298(82?); 1.1261; 1.1234 Trading recommendations Baseline scenario Buy EUR/USD above 1.1360, with the target points at 1.1384 and 1.1402 Alternative scenario Moving below 1.1319 can be considered as a signal to sell the pair, with target at 1.1298 and 1.1261Â Â GBP/USDÂ Â Â Main trend Short-term period Medium-term period Bullish Bearish Changes in the open interest + 695 ? + 386 ? Closest resistance levels 1.3175; 1.3199; 1.3236; 1.3260 Closest support levels 1.3126; 1.3101; 1.3072 Trading recommendations Baseline scenario Long GBP/USD above 1.3175, with the target points at 1.3199 and 1.3236 Alternative scenario Moving below 1.3126 can be considered as a signal to sell the pair, with target at 1.3101 and 1.3072Â Â USD/JPYÂ Â Â Main trend Short-term period Medium-term period Neutral Neutral Changes in the open interest + 449 ? + 201 ? Closest resistance levels 100.92; 101.12; 101.37; 101.66 Closest support levels 99.86; 99.55; 99.34; 99.09 Trading recommendations Baseline scenario Short USD/JPY below 99.86, with target points at 99.55 and 99.34 Alternative scenario Moving above 100.92 can be considered as a signal to buy the pair, with target at 101.12 and 101.37Â Â USD/CADÂ Â Â Main trend Short-term period Medium-term period Neutral Bullish Changes in the open interest + 198 ? - 448 ? Closest resistance levels 1.2967(80?); 1.3001; 1.3033; 1.3075 Closest support levels 1.2893; 1.2863; 1.2822; 1.2771 Trading recommendations Baseline scenario Sell USD/CAD below 1.2893, with target points at 1.2863 and 1.2822 Alternative scenario Moving above 1.2967 can be considered as a signal to buy the pair, with target at 1.3001 and 1.3033Â More: https://new.fxbazooka.com/analytics/10167 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 EUR/USD: "Window" going to act as a support 8/23/2016  There’s a possible “Shooting Star” at the local high. If it confirms, there’ll be an opportunity to have a decline towards yesterday’s “Window”. As we can see on the Daily chart, the last “Harami” pattern hasn’t been confirmed enough, so right after a local correction, bulls are likely going to deliver a new high.  We’ve got an “Engulfing” at the last high. If this pattern confirms, sellers are likely going to test the previously formed “Window”. However, if a pullback from the “Window” happens, bulls will be free to move on. More: https://new.fxbazooka.com/analytics/10176 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 23, 2016 Report Share Posted August 23, 2016 USD/JPY: correction inside the trend 8/23/206  There’s a still correction inside the current bearish trend. We’ve got a “Hammer” at the local low, but it hasn’t been confirmed yet. So, there’s an opportunity to have a test of the 13 Moving Average once again. As we can see on the Daily chart, the last “Harami” hasn’t been confirmed yet. Therefore, the market is likely going to falling down until any bearish pattern arrives.  The last “Window” has been closed, but we’ve got a confirmed “Hammer” at the local low. So, bulls are likely going to reach the 55 Moving Average during the day. If a pullback from this line happens, bears will probably try to move on. More: https://new.fxbazooka.com/analytics/10177 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 EUR/GBP ahead German GDP Q2: Will we see corrective rebounds? 8/24/2016 Today at 06:00 GMT will be released the German GDP Q2, where the markets are expecting an unchanged number from Q1 2016 data. This should bring some medium to high volatility during the early European session, especially on the EUR pairs and in case that we should see a higher-than-expected number, but for now, the chances are still low to that happen in coming release. Our technical outlook for EUR/GBP at H1 chart is calling for more downside, but before any declines, we should see some corrective moves to the upside, as the pair is near to the lower band of bearish trend line channel. Around that, a rebound can happen towards the 0.8650 on a first degree. However, if bears gain momentum in coming days, the EUR/GBP can test the 61.8% Fibonacci retracement zone at the 0.8488 level.  More: https://new.fxbazooka.com/analytics/10178 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 EUR/USD: bulls showed weakness 8/24/2016 On the daily EUR/USD chart the bulls for the second time tried to test important convergence area near 1.1345 (161.8% of AB=CD target, 61.8% of the last medium-term bearish wave and the lower border of the long-term bullish channel) failed. This means that the buyers are weak. Traders should expect the euro to weaken.  On H1 EUR/USD formed a combination of "Three Indians" pattern and 1-2-3. If the bears manage to settle below the lower border of the bullish trend channel and pull the prices below 1.129, the risk of decline towards 1.1233-1.1244 and then to 1.117 will significantly increase.   More: https://new.fxbazooka.com/analytics/10179 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 AUD/USD: testing the lower boundary of the Cloud 8/24/2016 Technical levels: support – 0.7590; resistance – 0.7640, 0.7680. Trade recommendations: 1. Buy — 0.7590; SL — 0.7570; TP1 — 0.7680; TP2 — 0.7720. Reason: a weak dead cross of Tenkan-sen and Kijun-sen and narrowing channel of Tenkan and Kijun; bullish Ichimoku Cloud; strong support of Senkou Span B.  More: https://new.fxbazooka.com/analytics/10181 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 USD/JPY: 100.00 stopped the Bears again 8/24/2016 Technical levels: support – 100.00; resistance – 100.40. Trade recommendations: 1. Sell — 100.40; SL — 100.60; TP1 — 99.00; TP2 — 98.50. Reason: a bearish Ichimoku Cloud; the cancelled golden cross of Tenkan-sen and Kijun-sen; a strong resistance of Senkou Span A.  More: https://new.fxbazooka.com/analytics/10182 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 Key option levels for Wednesday, August 24th 8/24/2016Â EUR/USDÂ Â Â Main trend Short-term period Medium-term period Neutral Bearish Changes in the open interest + 62 208 ? + 111 514 ? Closest resistance levels 1.1328; 1.1352(67?); 1.1388; 1.1414 Closest support levels 1.1273; 1.1254; 1.1230; 1.1200 Trading recommendations Baseline scenario Short EUR/USD below 1.1273, with target points at 1.1254 and 1.1230 Alternative scenario Moving above 1.1328 can be considered as a signal to buy the pair, with target at 1.1352 and 1.1388Â Â GBP/USDÂ Â Â Main trend Short-term period Medium-term period Bullish Bearish Changes in the open interest + 1 505 ? + 356 ? Closest resistance levels 1.3222; 1.3240; 1.3268; 1.3287 Closest support levels 1.3159; 1.3131; 1.3112; 1.3089 Trading recommendations Baseline scenario Buy GBP/USD above 1.3222, with the target points at 1.3240 and 1.3268 Alternative scenario Moving below 1.3159 can be considered as a signal to sell the pair, with target at 1.3131 and 1.3112Â Â USD/JPYÂ Â Â Main trend Short-term period Medium-term period Neutral Neutral Changes in the open interest + 939 ? + 831 ? Closest resistance levels 100.84; 101.04; 101.30; 101.60 Closest support levels 99.94; 99.56; 99.35; 99.11 Trading recommendations Baseline scenario Long USD/JPY above 100.84, with the target points at 101.04 and 101.30 Alternative scenario Moving below 99.94 can be considered as a signal to sell the pair, with target at 99.56 and 99.35Â More: https://new.fxbazooka.com/analytics/10185 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 EUR/USD: "V-Top" points to possible bearish movement 8/24/2016  The price hasn’t broken the last high. Also, there’s a “V-Top” pattern under a resistance at 1.1349, so the market is likely going to decline towards a support near the local uptrend. However, bulls will probably try to reach a resistance at 1.1349 – 1.1365 afterwards.  We’ve got a “Double Top”, which has been confirmed, so the price is falling down. Therefore, bears are likely going to get a support at 1.1268 – 1.1253 during the day. If a pullback from this area happens, there’ll be an opportunity to have an upward movement in the direction of a resistance at 1.1324 – 1.1349. More: https://new.fxbazooka.com/analytics/10186 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 GBP/USD: "Double Top" highlights possible decline 8/24/2016  The price found a resistance at 1.3214, which stopped bullish rally. So, the market is likely going to decline, so we should keep an eye on the nearest support at 1.3119 – 1.3092. However, if we get a pullback from this area, there’ll be a chance to see a bullish movement towards a resistance at 1.3214 – 1.3247.  There’s a consolidation under a resistance at 1.3214. So, we’ve got a “Double Top” pattern, which has been confirmed enough. In this case, it’s likely to see a decline towards a support at 1.3119 – 1.3092 during the day. At the same time, if a pullback from these levels be on the table, bulls will probably try to deliver a local correction. More: https://new.fxbazooka.com/analytics/10187 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 EUR/USD: bears going to form impulse wave 8/24/2016  We’ve got a possible truncated wave v of ©, so there’s an opportunity to have a downward impulse in wave i. The main intraday target is 4/8 Murrey Math Level (P=200). If we see a pullback from this level, bulls will probably try to deliver wave ii.  As we can see on the one-hour chart, there’s a double pullback from 8/8 Murrey Math Level (P=200). Also, we’ve got a bearish impulse in wave [1], so the market is likely going to decline in wave [3] shortly. Under this circumstances, we should keep an eye on 3/8 MM Level as a possible bearish target. More: https://new.fxbazooka.com/analytics/10188 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 EUR/USD: market is sucked into correction bog 8/24/2016  There’s a downward correction inside the main bullish trend on the four-hour chart. The last candles are bearish and there isn’t any bullish pattern so far, which makes possible an achievement of the 34 Moving Average. As we can see on the Daily chart, there’s a bearish “Harami”. If it confirms, bears are likely going to push the market lower.  The price hasn’t found a lodgement under the “Window” yet. So if any bullish pattern arrives in the short term, there’ll be an opportunity to see an achievement of the 21 & 34 Moving Averages.  More: https://new.fxbazooka.com/analytics/10189 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 24, 2016 Report Share Posted August 24, 2016 USD/JPY: "Window" going to act as a resistance 8/24/2016  We’ve got a “Hanging Man” on the 13 Moving Average, which has been confirmed strongly. So, the market is likely going to continue falling down. As we can see on the Daily chart, the last “Harami” pattern at the local low is still unconfirmed. Therefore, bears are probably going to reach the nearest “Window” soon.  There’re a “Harami” and a “Doji”, which both have a confirmation. Also, there’s an opportunity to have a local upward correction because of the last bullish “Harami”. However, if a pullback from the 34 Moving Average happens, bears are likely going to move on. More: https://new.fxbazooka.com/analytics/10190 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
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