riki143 Posted July 6, 2016 Report Share Posted July 6, 2016 GOLD has almost reached the key level 1375.00 7/6/2016 After fixing higher than 2/8 (1312.50) price has almost reached its main goal at the level 4/8 (1375.00). Nevertheless, the last rebound from STH4, as well as the growing STD1 talk about the possible continuation of growth. The breakdown the level 4/8 at least a third of width of the levels will lead to test mark at the level 5/8 (1403.00). Having one level 4/8 it is not enough to make at least the price correction. Trade recommendation: Buy – 1386.00; sl – 1374.00; tp – 1401.00. More: https://new.fxbazooka.com/analytics/9500 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 6, 2016 Report Share Posted July 6, 2016 GBP/USD: new lows is coming soon because of the broken "Pennant" 7/6/2016 Bears have broken the last “Pennant”, so the price reached a support at 1.2795 afterwards, which led to the local upward correction. Therefore, the market is likely going to achieve a resistance at 1.3015 -1.3116 in the short term. If a pullback from here happens later on, there’ll be an opportunity to have a decline in the direction of a support at 1.2795. The price has broken the “Triangle”, so bears reached a support at 1.2795 afterwards. Also, we’ve got a “V-Bottom”, so the market is likely going to rise towards a resistance at 1.3015 – 1.3116. Considering a possible pullback from this area, a downward movement will probably be move on shortly. More: https://new.fxbazooka.com/analytics/9501 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 6, 2016 Report Share Posted July 6, 2016 EUR/USD: "Engulfing" led to a massive decline and bears ready to move on 7/5/2016 There’re a “Shooting Star” and an “Engulfing” at the local high. Also, we’ve got a “Hammer”, but it hasn’t been confirmed yet. So, the market is likely going to test the lower side of the nearest huge “Window”, which can act as a resistance. As we can see on the Daily chart, here’s a pattern similar to an “Engulfing”. The last candles are bearish, so the current downward movement is probably going to move on. We’ve got an “Inverted Hammer” at the nearest support line, which led to the current upward correction. At the same time, here’s a “Doji” at the local maximum, so the price is likely going to test the support once again. If a pullback from this line happens later on, bulls will probably try to reach the upper side of the “Window”. More: https://new.fxbazooka.com/analytics/9502 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 6, 2016 Report Share Posted July 6, 2016 USD/JPY: angry bears going to deliver new low 7/6/2016 The price has been declining since a “Doji” formed on the Moving Average line. If the nearest support line brings any bullish candle pattern, there’ll be an opportunity to see an upward correction. As we can see on the Daily chart, here’s an “Engulfing” at the local high, which has been confirmed enough. Bears are likely going to move on, because we haven’t got any reversal pattern so far. There’re a “Doji” and a “Harami” at the last maximum. The last candles are bearish, so the pair is probably going to deliver a new low during the day. More: https://new.fxbazooka.com/analytics/9503 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 EUR/USD after FOMC Minutes: Targeting to levels below 1.10? 7/7/206 Yesterday, FOMC minutes didn't offer major headlines of interest for market traders, as it reflected what everyone knew in some degree: a “wait-and-see” mode from officials after the Brexit referendum's outcome and there are no key comments about current situation of US economy. However, what could bring us more info about it, will be the US NFP this friday, but before that, let's see how the EUR/USD will trade. In a technical overview at H4 chart, EUR/USD found strong resistance from the 50% Fibonacci retracement level projected from the “Brexit” decline. Currently, it's being supported by the 1.1031, after ECB President Mario Draghi's commentaries. A breakout below will give a fresh bearish momentum to test the 1.0909, which is the low after Brexit. In a bullish scenario, in case that the Greenback gets week this friday after NFP release, pair can look for a consolidation above the 200 SMA. More: https://new.fxbazooka.com/analytics/9506 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 EUR/GBP: евро даст фунту фору 7/7/2016 There's an uptrend on the daily EUR/GBP chart. ADX>25 and rising, +DMI>-DMI, EMA9>EMA26. Decline of MACD points at correction. The main recommendation in the current situation is to buy the euro versus the British pound on the break of resistamce. EUR/GBP formed 1-2-3 pattern on H1. Resistance is close to point 3 at 0.8607. The break above this level will be a singal to enter long position. As confirmation use the return of Stochastics to 20-80 channel. Recommendation: BUY 0,8607, SL 0,8507, TP1 0,8807. More: https://new.fxbazooka.com/analytics/9507 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 XAG/USD: silver is consolidating 7/7/2016 Positioning of the indicators on the daily XAG/USD chart shows that it is under control of the bulls: ADX>25 and rising, +DMI>-DMI, EMA9>EMA26. Dynamics of MACD shows that there's no divergence,which could have signaled potential reversal of the uptrend. In the situation like this the best strategy is to buy silver. On H1 XAG/USD is consolidating after having formed 1-2-3. It means that "Spike and ledge". Usually it's used to sell on the break of support at $19.61 or to buy on the break of resistance at $20.71 an ounce. Recommendation: BUY $20,71, SL $19,71 TP22,71. More: https://new.fxbazooka.com/analytics/9508 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 EUR/USD: the Bears do not hurry 7/7/2016 Against yesterday’s correctional rising of Eurodollar the market kept its bearish mood. The pair returned to the lines of Tenkan-Sen and Kijun-Sen, but they formed a dead cross. In addition the cloud expanding now in the descending direction. Therefore the breakdown of support 1.1070 will have a negative effects to market sentiment. Technical levels: support - 1.1070; resistance - 1.1100. Trade recommendations: 1. Sell — 1.1090; SL — 1.1110; TP1 — 1.1000; TP2 — 1.0950. More: https://new.fxbazooka.com/analytics/9509 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 USD/JPY: the Bears have not abandoned their goals 7/7/2016 The currency pair USD/JPY corrected to the four-hours Tenkan-sen yesterday after updating a local minimum for the last two weeks to 100.20. At this the bulls forces has ended and the pair continued to falling. The market maintained its bearish trend. Negative cloud and dead cross will support the sales of the currency pair. Technical levels: support – 100.80, 100.20, 99.60; resistance – 101.20. Trade recommendations: 1. Sell — 101.00; SL — 101.20; TP1 — 100.20; TP2 — 99.60. More: https://new.fxbazooka.com/analytics/9510 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 AUD/USD: keeping above the cloud 7/7/2016 The Bulls made a great running yesterday on the AUD/USD market. There has been a breakdown of Tenkan-Sen and Kijun-Sen resistance. The exchange rate of the currency pair rose over 120 pips and returned to the levels of the weeks beginnig - 0.7530. On the four-hour timeframe preserved a tense situation: all the Ichimoku lines are directed horizontally. Bullish Ichimoku cloud have a narrow range. Tenkan and Kijun formed a dead cross. It’s possible re-returning of the price to the cloud. Technical levels: support – 0.7475, 0.7500; resistance – 0.7540. Trade recommendations: 1. Buy — 0.7500; SL — 0.7480; TP1 — 0.7540; TP2 — 0.7590. More: https://new.fxbazooka.com/analytics/9511 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 EUR/USD: bears ready going even deeper, but after a while 7/7/2016 The price has reached a support at 1.1032, which led to the current consolidation under the nearest resistance at 1.1097. Therefore, the market is likely going to achieve the next resistance at 1.1130 – 1.1168 in the short term. However, if a pullback from this area happens afterwards, bears will probably try to go on and catch a support at 1.1021 – 1.0970. As we can see on the one-hour chart, the price has stopped near the lower side of the current “Support Zone” at 1.1032, which led to form a “Double Bottom” pattern. So, we’ve got a local flat under the 55 Moving Average. It’s likely that bulls are going to get a resistance somewhere between the levels 1.1130 – 1.1145 during the day. Considering a possible pullback from this area, the next stage of the massive bearish rally will be on the table very soon. More: https://new.fxbazooka.com/analytics/9512 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 GBP/USD: "Pennant" urge bears to move on 7/7/2016 The pair has achieved a support at 1.2863, which led to form a “V-Bottom” pattern, so we’ve got a consolidation in progress. Under this circumstances, the market is likely going to rise towards the nearest resistance at 1.3116 – 1.3226. If a pullback from this area arrives afterwards, bears will probably try to get a support at 1.2862, which can bring a new low. We’ve got a “V-Bottom”, so the price reached a resistance at 1.3015. Therefore, the market is likely going to reach the next resistance at 1.3116 – 1.3204 in the short term. However, bears are still in the game, so it’s possible to see the price near the important support at 1.2863 – 1.2795, which is near the main downward trend. More: https://new.fxbazooka.com/analytics/9513 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 7, 2016 Report Share Posted July 7, 2016 EUR/USD: bears ready going even deeper, but after a while 7/7/2016 The price has reached a support at 1.1032, which led to the current consolidation under the nearest resistance at 1.1097. Therefore, the market is likely going to achieve the next resistance at 1.1130 – 1.1168 in the short term. However, if a pullback from this area happens afterwards, bears will probably try to go on and catch a support at 1.1021 – 1.0970. As we can see on the one-hour chart, the price has stopped near the lower side of the current “Support Zone” at 1.1032, which led to form a “Double Bottom” pattern. So, we’ve got a local flat under the 55 Moving Average. It’s likely that bulls are going to get a resistance somewhere between the levels 1.1130 – 1.1145 during the day. Considering a possible pullback from this area, the next stage of the massive bearish rally will be on the table very soon. More: https://new.fxbazooka.com/analytics/9512 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 USD/JPY & US NFP June release: Will we see it below the 100.00 level? 7/8/2016 Today at 12:30 GMT will be released the US NFP reading for June, after the strong decline that had during the May release, where it added only 38,000 jobs. However, for this time, analysts expect a decent recovery towards the 175K number and if the current reading is better than expected, it should be given clearer signs about current situation of overall US economy. Bear in mind that yesterday's ADP jobs data showed a positive number, with 172,000 jobs added, which was above the consensus of 159,000. The technical picture of USD/JPY at H4 chart ahead the US NFP is still very bearish. A resistance can be found around the 103.24, where the pair can do a breakout to test the bearish trend line projected from the 111.34 high level, of course if the reading for non-farm payrolls is higher than expected. However, if reading is worst than last release or below the 100K mark, it can test the “Brexit” low of 98.97 level. More: https://new.fxbazooka.com/analytics/9519 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 AUD/USD came to important levels 7/8/2016 On the daily AUD/USD chart the bulls and the bears are fighting for the initiative. So far, neither group managed to gain advantage. This can be seen from the fact that ADX is below 25 during the last 4 weeks. In the situation like trade on the break of the trading channel. On H1 AUD/USD is consolidating during the last 24 hours (ADX<25) in the 0.747-0.7535 region. Break below the support will be a signal to open a short position, successful test of resistance will be a signal to open a long position. As confirmation use the return of Stochastics to the 20-80 trading channel. Recommendations: SELL 0,7470 SL 0,7520, TP 0,7370; BUY 0,7535 SL 0,7485 TP 0,7635. More: https://new.fxbazooka.com/analytics/9520 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 GBP/USD is in the hands of bears 7/8/2016 On the daily GBP/USD chart there's a sustainable downtrend: ADX>25 and rising, +DMA>-DMI, EMA9<EMA26. Rising MACD points at correction or consolidation. This situation may be used for opening short positions on the break of support or on the pullback to the upside. On H1 GBP/USD consolidated (ADX<25) in the 1.2868-1.3040 range. Successful test of support or the recoil from the upper border of the chanel should be used for opening short positions. In the first case ADX has tp move to 25 and better even cross this mark. Recommendation: SELL 1,2868 SL 1,2918 TP 1,2768, SELL 1,3040 SL 1,3090 TP 1,2840. More: https://new.fxbazooka.com/analytics/9521 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 EUR/USD: "Double Bottom" led to the bullish correction 7/8/2016 The price has been moving in a flat’s range right under the lower side of the previously broken “Flag” pattern. So, the market is likely going to decline towards a support at 1.1021 in the short term. However, if a pullback from this level happens afterwards, there’ll be an opportunity to see an upward movement in the direction of a support at 1.1145 – 1.1168. As we can see on the one-hour chart, there’s a flat in progress, which could turn out into a “Flag” pattern. Therefore, it’s likely that bears are going to taste the next support at 1.1032 during the day. At the same time, if we see a pullback from here, bulls will have a reason to reach a resistance at 1.1130 – 1.1145 later on. More: https://new.fxbazooka.com/analytics/9522 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 GBP/USD: "flag" calling bears to break the last low 7/8/2016 There’s a “Flag”, which points to a possible achievement of the nearest support at 1.2853 in the short term. So, it seems like we’re going to have a new low very soon. The price is likely going to falling down until any reversal pattern arrives. However, if we finally get a reversal pattern, we should keep an eye on the nearest resistance at 1.3015 – 1.3116. We’ve got a local flat in a form of a “Flag”. The price is trying to break its lower side, so bears are likely going to achieve the nearest support at 1.2795 during the day. Considering a possible pullback from this level, an upward correction becomes possible afterwards. More: https://new.fxbazooka.com/analytics/9523 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 US NFP: forecasts of the major banks 7/8/2016 Barclays: NFP will rise by 175K, the unemployment rate will remain unchanged at 4.7%. Average hourly earnings will gain 0.2% m/m (as expected). TD: NFP will rise by 175K, the unemployment rate will rise from 4.7% to 4.8%, because of the increase in the labor force. Average hourly earnings will gain 0.2% m/m (as expected). Goldman: NFP will rise by 210K, the unemployment rate will rise from 4.7% to 4.8%. Bank of America Merrill Lynch: NFP will rise by 180K. In case of the weak NFP, sell CAD/JPY and NZD/JPY as the market’s risk sentiment will significantly worsen. In case of good NFP, buy USD/CAD and USD/CHF. The best strategy into the release is to sell Canadian dollar. More: https://new.fxbazooka.com/analytics/9524 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 EUR/USD: flat between two "Windows" 7/8/2016 There’s a “Shooting Star” on the 21 Moving Average, so the market is likely going to test the nearest lower “Window” once again. If the price faces a support here, there’ll be an opportunity to see a deeper bullish correction towards the middle of the huge black candle. As we can see on the Daily chart, there isn’t any reversal pattern so far. However, bulls are probably going to reach the nearest resistance line in the short term, which can easily reverse the price movement in the direction of the last low. We’ve got a confirmed “High Wave” on the upper side of the current “Window”. Also, the price has got a support by the 34 Moving Average. Therefore, bears are likely going to achieve the nearest support by the “Inverted Hammer” pattern at the local low. More: https://new.fxbazooka.com/analytics/9525 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 USD/JPY: new minimum is coming soon because of "Three Methods" 7/8/2016 The bearish trend is still on the table. We’ve got a “Three Methods” pattern , so the market is likely going to decline towards the nearest support level. As we can see on the Daily chart, the last candles are bearish, which means we haven’t got any reversal bullish pattern so far. Therefore, the pair is probably going to achieve the lower “Window” soon. There’s a strong resistance by the 21 Moving Average. Also, we’ve got a “Hammer” at the local low, which has been confirmed enough. So, the market is likely going to test the 21 Moving Average once again during the day. If a pullback from this line happens later on, there’ll be an opportunity to have a new low shortly. More: https://new.fxbazooka.com/analytics/9526 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 USD/JPY could break the mark of 100.00 7/8/2016 Paar fixed again below STH4. It should be noted that the distance between STH4 and STD1 is small, therefore it is possible the continuation of the bearish trend. As a resistance there is the level of 1/8 (101.56), the breakdown of which will lead to a correction to the level of 2/8 (103.13). This scenario is unlikely, since, in addition to the level of 0/8 (100.00) no preconditions for growth. It is advisable to wait for the breakdown 0/8, after which the target for the bears will be the level at -1/8 (98.43). Trade recommendation: Sell – 99.55; tp – 98.50; sl – 100.10. More: https://new.fxbazooka.com/analytics/9527 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 EUR/NZD approached sell target 1.5200 7/8/2016 EUR/NZD approached sell target 1.5200 Next sell target - 1.5000 EUR/NZD continues to fall inside the minor impulse wave (v), which is a part of impulse 3 of the intermediate downward impulse wave (3) from the start of May. The pair earlier reversed down from the resistance zone located between the resistance level 1.5600 and the 38.2% Fibonacci correction of the earlier sharp downward impulse from June. The downward reversal from this resistance zone started the active minor impulse wave (v). EUR/NZD is currently approaching the support level 1.5200 (previous sell target set for this currency pair). If the price breaks below 1.5200 - EUR/NZD can then fall further to the next sell target at 1.5000. More: https://new.fxbazooka.com/analytics/9528 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 USD/JPY reversed from resistance zone 7/8/2016 USD/JPY reversed from resistance zone Next sell target - 100.00 USD/JPY recently reversed down from the resistance zone lying between the resistance level 103.30 (former support level which stopped the previous intermediate impulse wave (1) in June, as can be seen below) and the 50% Fibonacci correction of the earlier minor impulse wave 1 from the end of wave (2). The downward reversal form this resistance zone accelerated the active intermediate impulse wave (3), which belongs to the primary impulse wave ③ from May. USD/JPY is likely to fall further to the next sell target at the round support level 100.00 – the breakout of which can lead to further losses toward 99.00 (low of the previous impulse wave 1). More: https://new.fxbazooka.com/analytics/9529 Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
riki143 Posted July 8, 2016 Report Share Posted July 8, 2016 EUR/USD may withdraw from the short-flat 7/8/2016 Price briefly is in the hallway between the levels of 1/8 (1.1047) and 3/8 (1.1169). Consolidation below STH4 and the level of 2/8 (1.1108) can be regarded as a signal for the continuation of the bearish trend. The target is a key level 0/8 (1.0986). About such a scenario also indicates falling STH4, and a fall could happen from the current position. However, the breakdown STH4 can not be excluded, whereby the price will continue to move in the channel and reach the level of 3/8. Trade recommendation: Sell – 1.1075; sl – 1.1130; tp – 1.0980. More: Quote http://www.99fortuneforex.tk/ Link to comment Share on other sites More sharing options...
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