riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 GBP/USD: two "Pennants" in a row 8/9/2016  There’s a consolidation along a support at 1.3015. So, the price is likely going to reach a resistance at 1.3119 in the short term. Considering a possible pullback from this resistance, we should keep an eye on the next support at 1.2849 – 1.2795 as a bearish target.  The price faced a support at 1.2945, so we’ve got a “V-Bottom” pattern here, which led to the current flat. Therefore, bulls are likely going to reach a resistance at 1.3056 – 1.3071 shortly. At the same time, bears are strong enough to catch a support at 1.2945 – 1.2848 afterwards. More: https://new.fxbazooka.com/analytics/9985 More: https://new.fxbazooka.com/analytics/9985 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 EUR/USD: wave [iii] is about to be continued 8/9/2016  The price has been declining since a pullback from 4/8 Murrey Math Level (P=200) happened, so we’ve got a downward impulse in wave . Also, the pair found a lodgement, which makes possible to have an extension in wave [iii]. Under this circumstances, the intraday target is -2/8 Murrey Math Level.  As we can see on the one-hour chart, wave (ii) has been formed under 4/8 Murrey Math Level. Therefore, bears are likely going to deliver wave (iii) in the short term. However, if bulls break 4/8 Murrey Math Level, there’ll be an opportunity to have another wave count with bigger wave 4. More: https://new.fxbazooka.com/analytics/9986 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 EUR/USD: strong support by "Window" 8/9/2016  There’s a strong support by the nearest “Window”, so we’ve got a “Hammer” and an “Engulfing”, but both patterns haven’t been confirmed yet. Therefore, bulls are likely going to deliver an upward correction in the short term. As we can see on the Daily chart, here’s an unconfirmed “High Wave” at the local low. In this case, there’s an opportunity to have a correction towards the middle of the last black candles.  We’ve got a consolidation, which brought a new support level. Also, there’re a “Harami” and a “Hammer”, so the market is likely going to rise in the direction of the nearest resistance line. More: https://new.fxbazooka.com/analytics/9987 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 USD/JPY: "Window" could act as a support 8/9/2016  There’s an “Engulfing” at the local high. Also, the last “Window” is still open, so the price is likely going to get a support on this “Window”. As we can see on the Daily chart, there’s a “Harami”, which has been confirmed enough. Therefore, bulls are probably going to deliver an upward correction.  The pair has been declining since a “Gravestone Doji” was formed at the last high. So, the market is likely going to test the nearest Moving Averages. If we see a pullback from these lines, there’ll be an opportunity to have another bullish rally. More: https://new.fxbazooka.com/analytics/9988 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 GBP/CAD reversed from resistance zone 8/9/2016 GBP/CAD reversed from resistance zone Next sell target - 1.6750 GBP/CAD recently reversed down sharply from the resistance zone lying between the resistance level 1.7550, upper daily Bollinger Band and the 38.2% Fibonacci correction level of the previous sharp intermediate downward impulse (3) from June. The downward reversal from this resistance zone started the active intermediate impulse wave (5), which belongs to the primary impulse ③ from May. GBP/CAD is expected to fall further toward the next sell target at the strong support level 1.6750 (which stopped the aforementioned impulse wave (3) in July).  More: https://new.fxbazooka.com/analytics/9989 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 9, 2016 Report Share Posted August 9, 2016 EUR/GBP rising inside minor impulse wave 5[/url] 8/9/2016 EUR/GBP rising inside minor impulse wave 5 Next buy target - 0.8620 EUR/GBP continues to rise inside the minor impulse wave 5 - which started earlier – when the pair reversed up from the support zone lying between the support level 0.8300 and the 38.2% Fibonacci retracement of the previous sharp upward impulse 3 from the end of June. The active impulse wave 5 belongs to the intermediate impulse wave (3) from the end of May. EUR/GBP is expected to rise further in the active impulse waves 5 and (3) toward the next buy target at the pivotal resistance level 0.8620 (which stopped the previous minor impulse wave 3 in June, as can be seen below).  More: https://new.fxbazooka.com/analytics/9990 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 NZD/USD & RBNZ Interest Rate Decision: Consolidating below 0.7050 after the event? 8/10/2016 Today at 21:00 GMT will be released the RBNZ rate statement, together with the official interest rate decision that could see a cut from 2.25% to 2.00%. Markets are expecting that rate cut and that's why we've have been seeing very volatile moves on the Kiwi, as the uncertainty remains there. Also, traders will be closely watching for the monetary policy statement, due to be published at the same time. The technical picture for NZD/USD at H4 chart is bullish on a general overview, as the pair remains trading above the 200 SMA. However, last week was quite bearish for the Kiwi and later it found support around the 0.7108 level. Also, during the last week, NZD/USD found resistance around the 78.6% retracement level, where a pullback happened. As the markets are expecting a rate cut, a decline to the 0.7050 level can happen, while a “hawkish” statement by RBNZ could send the pair to test the highs from last week.  More: https://new.fxbazooka.com/analytics/9993 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 GBP/USD makes a "dead cat bounce" 8/10/2016 On the daily GBP/USD chart the bulls make a lot of efforts to return the pair to the borders of the medium-term consolidation range of 1.3070-1.3490. Failure at its upper border will give the lead back to the bears and increase the risks of decline to 1.29 and lower.  On H1 GBP/USD made an inversed "Shark" pattern. This will help the pair reach 113% target (1.311), although many will want to sell the pound at 38.2% (1.3115), 50% (1.3165) and 78.6% (1.3280) Fibonacci of the last descending wave. Traders should think about selling at the mentioned levels.  More: https://new.fxbazooka.com/analytics/9994 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 XAU/USD: gold resumed trend 8/10/2016 On the daily XAU/USD chart there was unsuccessful test of the lower border of the medium-term uptrend channel painted in red. It points at the weakness of the bears. If the bulls manage to overcome resistance at $1365-1370 an ounce, the way to 1410 will remain open.  On H1 XAU/USD the bulls managed to overcome resistance at $1350, which is now acting as support. The main goal of the bulls – to hold above this level. Success will increase the risks of testing $1360 an ounce and reach the $1364-1367 convergence area. Failure, on the other hand will lead to a decline to $1330-1340.  More: https://new.fxbazooka.com/analytics/9995 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 Key option levels for Wednesday, August 10th 8/10/2016Â EUR/USDÂ Â Â Main trend Short-term period Medium-term period Bearish Bearish Changes in the open interest - 45 158 ? + 360 883 ? Closest resistance levels 1.1158; 1.1186; 1.1206; 1.1230 Closest support levels 1.1115; 1.1096; 1.1067; 1.1046 Trading recommendations Baseline scenario Short EUR/USD below 1.1115, with target points at 1.1096 and 1.1067 Alternative scenario Moving above 1.1158 can be considered as a signal to buy the pair, with target at 1.1186 and 1.1206Â Â GBP/USDÂ Â Â Main trend Short-term period Medium-term period Neutral Bearish Changes in the open interest + 2 468 ? + 3 030 ? Closest resistance levels 1.3100; 1.3140; 1.3165; 1.3194 Closest support levels 1.2986; 1.2962/49; 1.2915; 1.2869 Trading recommendations Baseline scenario Sell GBP/USD below 1.2986, with target points at 1.2962 and 1.2915 Alternative scenario Moving above 1.3100 can be considered as a signal to buy the pair, with target at 1.3140 and 1.3165Â Â USD/JPYÂ Â Â Main trend Short-term period Medium-term period Bullish Neutral Changes in the open interest + 1 212 ? + 23 ? Closest resistance levels 102.76; 103.01; 103.31; 103.65 Closest support levels 101.02; 100.79; 100.51;100.20 Trading recommendations Baseline scenario Long USD/JPY above 102.76, with the target points at 103.01 and 103.31 Alternative scenario Moving below 101.02 can be considered as a signal to sell the pair, with target at 100.79 and 100.51Â Â USD/CADÂ Â Â Main trend Short-term period Medium-term period Neutral Bullish Changes in the open interest + 1 744 ? + 103 ? Closest resistance levels 1.3158(72?); 1.3194; 1.3228; 1.3271 Closest support levels 1.3055; 1.3023; 1.2980; 1.2928 Trading recommendations Baseline scenario Buy USD/CAD above 1.3158, with the target points at 1.3194 and 1.3228 Alternative scenario Moving below 1.3055 can be considered as a signal to sell the pair, with target at 1.3023 and 1.2980Â MORE: https://new.fxbazooka.com/analytics/9997 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 EUR/USD: "Pennant" led to new local high 8/10/2016  There was a consolidation under the Moving Averages, which has been ended by the last bullish rally, so the price faced a resistance at 1.1145. Therefore, the pair is likely going to reach a support on the 89 Moving Average in the short term. However, if we see a pullback from this line, there’ll be an opportunity for another upward movement.  The last “Flag” pattern has done such a great job, so we’ve got a new local high here. Finally, bulls found a resistance at 1.1166, which led to the current local flat. So, the market is likely going to get a support at 1.1145 – 1.1120 during the day. Considering a possible pullback from this area, bulls will probably try to catch a resistance at 1.1166 – 1.1186 afterwards. More: https://new.fxbazooka.com/analytics/9996 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 GBP/USD: "V-Bottom" set up bullish correction 8/10/2016  There’s a “V-Bottom” pattern, which led to the last bullish price movement. However, the pair faced a resistance at 1.3119, so the market is likely going to get a support at 1.3015 shortly. If we see a pullback from this level, buyers will probably try to catch the next resistance at 1.3226.  We’ve got a “Triple Bottom”, so the price achieved the 55 Moving Average, which acted as a resistance. Therefore, the market is likely going to decline towards a support at 1.3017. Nevertheless, if a pullback from this level happens, bulls will probably try to deliver a new local high. More: https://new.fxbazooka.com/analytics/9999 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 USD/JPY: the Dollar has weakened against Japanese yen 8/10/2016 Technical levels: support – 101.20; resistance – 101.70. Trade recommendations: 1. Sell — 101.70; SL — 101.90; TP1 — 101.20; TP2 — 100.60. Reason: cancelled golden cross formed by Tenkan-sen and Kijun-sen; bearish Ichimoku Cloud; strong resistance formed by Senkou Span A.  More: https://new.fxbazooka.com/analytics/10000 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 EUR/USD: possible "Triangle" in wave 4 taking place 8/10/2016  The price is rising, so wave 4 is likely going to be continued in a form of a “Horizontal Triangle”. Therefore, there’s an opportunity to see a consolidation between 7/8 and 6/8 Murrey Math Levels (P=200) in the short term.  As we can see on the one-hour chart, there’s a possible zigzag in progress in wave [c]. Considering a pullback from 2/8 Murrey Math Level, the next target is 6/8 Murrey Math Level. If a pullback from this level happens, bears will probably try to deliver wave [d] of 4. More: https://new.fxbazooka.com/analytics/10005 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 EUR/USD: long shadow points to coming local correction 8/10/2016  The price has been rising since a pullback from the lower “Window” happened. So, we’ve got series of bullish patterns such a “Hammer”, an “Engulfing” and a “Three White Soldiers”. The last candles are bullish and there isn’t any reversal pattern so far, which makes possible an achievement the nearest resistance line. As we can see on the Daily chart, here’s a “High Wave” at the local low, which has been confirmed enough. However, there’s an opportunity to have a local correction towards the middle of the last huge white candle.  Bears haven’t broken the lower “Window”, so bulls are in the game again. Considering a long shadow of the last white candle, the market is likely going to have a local correction during the day. At the same time, if any bullish pattern arrives later on, buyers will probably try to deliver a new intraday high shortly. More: https://new.fxbazooka.com/analytics/10008 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 10, 2016 Report Share Posted August 10, 2016 USD/CAD reversed from resistance zone 8/10/2016 USD/CAD reversed from resistance zone Next sell targets - 1.3000 and 1.2800 USD/CAD recently reversed down from the resistance zone (which has been steadily reversing this currency pair from the end of May) lying between the resistance levels 1.3120, 1.3230, upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse from February. The downward reversal from this resistance zone started the active minor impulse wave (iii) – which belongs to wave 1 of the intermediate impulse wave (3) from July. USD/CAD is set to fall further to the next sell target at the support level 1.3000 – the breakout of which can lead to further losses toward 1.2800.  More: https://new.fxbazooka.com/analytics/10009 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 USD/JPY & U.S. Retail Sales: What will happen with the greenback? 8/12/2016 Today at 12:30 GMT we'll know the US retail sales numbers for July, where the markets are expecting a decrease from 0.6% to 0.4%, and the latest release suggested that the consumer force is a key factor for the economic growth during the second semester of the year in the United States. Bear in mind that the sales had a very poor start of the 2016 year, so the further data, in a positive manner, would help to boost the greenback. The technical picture for USD/JPY at H4 chart is telling us that a bearish consolidation is still looking to add more downside momentum in order to break the lows post-Brexit. The support zone of 100.41 remains very solid and as long as the pair trades above it, then we can witness a breakout above the 102.55 level, in order to extend the bullish momentum.  More: https://new.fxbazooka.com/analytics/10033 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 AUD/USD met Three Indians 8/12/2016Â On the daily AUD/USD chart the pair formed "Three Indians" pattern. A pin bar appeared in the area of the third top, it's lower border is close to 78.6% Fibo of the last bullish wave. If the bears manage to hold the pair below 0.7688, risks of decline to 0.7570 will increase. Â Â On H1 AUD/USD chart sellers are trying to pull the pair below support at 0.7676. It corresponds to the lower border of the uptrend channel. Successful test will make the pair decline to 0.7717-0.7627 (88.6% target of the "Shark" pattern + 38.2% Fibo of the last descending wave) and 0.7587 (50%). The nearest resistance levels are at 0.7723 and 0.7750. Â Â More: https://new.fxbazooka.com/analytics/10036 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 USD/JPY: bouble bottom discouraged the bears 8/12/2016 On the daily USD/JPY chart the bulls keep aiming for resistance at 102.69. If the buyers manage to get here, risks of growth to 103.97 and 104.38 will increase. The latter corresponds to the upper border of an uptrend and 23.6% of the last long-term descending wave. On the contrary, if the pair renews August low, it will continue its way down to 98.   On H1 USD/JPY formed a double bottom. If the pair leaves 100.83-102.9 range, bearish trend will likely continue or we'll see development of correction to 103.97-104.08 and 104.89-105.06. The latter corresponds to 88.6% of the Bat pattern.  More: https://new.fxbazooka.com/analytics/10037 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 EUR/USD: "Triple Top" stand in the way of bulls 8/12/2016  There’s a “Triple Top” pattern, so the market is likely going to get a support at 1.1120 – 1.1113 in the short term. However, if a pullback from this area happens, there’ll an opportunity to have an upward price movement in the direction of the nearest resistance at 1.1186 – 1.1222.  As we can see on the one-hour chart, there’s a “Triple Top” as well, which led to the current local consolidation between the 34 & 89 Moving Averages. Therefore, the pair is likely going to decline towards a support at 1.1120 – 1.1113. If we see a pullback from these levels, bulls will probably try to catch a resistance at 1.1186 – 1.1196. More: https://new.fxbazooka.com/analytics/10038 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 GBP/USD: "Pennant" highlight possibility to have a new low 8/12/2016  We’ve got a “Double Top” pattern, which has been confirmed enough, so the price reached a support at 1.2954. Also, bears have delivered a new low. Under this circumstances, sellers are likely going to move on, so we should keep an eye on the next support at 1.2877 – 1.2849 as a possible bearish target. At the same time, if a pullback from this area arrives, there’ll be a chance to see a local upward correction.  There’s a consolidation in progress, so we’ve got a possible “Pennant” pattern on the one-hour chart. Therefore, bears are likely going to achieve a support at 1.2906 – 1.2875 soon. Nevertheless, if sellers be stopped on this area, bulls will have an opportunity to reach a resistance at 1.3017 – 1.3056.  More: https://new.fxbazooka.com/analytics/10039 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 EUR/USD: wave [d] of 4 going to reach 3/8 MM Level 8/12/2016  There’s a possible “Triangle” in wave 4 on the four-hour chart. Yesterday wave [c] was ended on 3/8 Murrey Math Level (P=250), so bears are likely going to deliver wave [d] shortly. The main intraday target is 2/8 MM Level.  As we can see on the one-hour chart, the price has found a lodgement under 6/8 Murrey Math Level (P=200). Also, we’ve got wave [c], which was ended in a form of a zigzag. Therefore, the market is likely going to decline towards 3/8 MM Level during the day. More: https://new.fxbazooka.com/analytics/10040 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 EUR/USD: euro supported by Kijun 8/12/2016 Technical levels: support – 1.1120/30, 1.1090; resistance – 1.1170, 1.1190. Trade recommendations: 1. Buy — 1.1150; SL — 1.1130; TP1 — 1.1190; TP2 – 1.1230. Reason: bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.  More; https://new.fxbazooka.com/analytics/10041 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 USD/JPY: the trades will continue inside a cloud 8/12/2016 Technical levels: support – 101.00, 101.50; resistance – 102.60. Trade recommendations: 1. Sell — 102.60; SL — 102.80; TP1 — 101.50; TP2 — 101.00. Reason: a dead cross of Tenkan-sen and Kijun-sen; bearish Ichimoku Cloud.  More: https://new.fxbazooka.com/analytics/10042 Quote http://www.99fortuneforex.tk/  Link to comment Share on other sites More sharing options...
riki143 Posted August 12, 2016 Report Share Posted August 12, 2016 Key option levels for Friday, August 12th 8/12/2016Â EUR/USDÂ Â Â Main trend Short-term period Medium-term period Bearish Bearish Changes in the open interest + 13 229 ? + 45 219 ? Closest resistance levels 1.1208; 1.1225; 1.1246; 1.1272 Closest support levels 1.1121; 1.1106; 1.1087; 1.1063 Trading recommendations Baseline scenario Short EUR/USD below 1.1121, with target points at 1.1106 and 1.1087 Alternative scenario Moving above 1.1208 can be considered as a signal to buy the pair, with target at 1.1225 and 1.1246Â Â GBP/USDÂ Â Â Main trend Short-term period Medium-term period Neutral Bearish Changes in the open interest + 1 645 ? + 1 188 ? Closest resistance levels 1.3055; 1.3096(74?); 1.3120; 1.3148 Closest support levels 1.2927; 1.2897; 1.2878; 1.2856 Trading recommendations Baseline scenario Sell GBP/USD below 1.2927, with target points at 1.2897 and 1.2878 Alternative scenario Moving above 1.3055 can be considered as a signal to buy the pair, with target at 1.3096 and 1.3120Â Â USD/JPYÂ Â Â Main trend Short-term period Medium-term period Neutral Neutral Changes in the open interest + 261 ? + 229 ? Closest resistance levels 102.29/43; 102.59; 102.79; 103.03 Closest support levels 101.51; 101.25; 101.06; 100.83 Trading recommendations Baseline scenario Short USD/JPY below 101.51, with target points at 101.25 and 101.06 Alternative scenario Moving above 102.29 can be considered as a signal to buy the pair, with target at 102.59 and 102.79Â Â USD/CAD (Caution: Thin Market!)Â Â Â Main trend Short-term period Medium-term period Neutral Bullish Changes in the open interest + 528 ? + 768 ? Closest resistance levels 1.3026; 1.3057; 1.3098; 1.3151 Closest support levels 1.2932(15?); 1.2892; 1.2858; 1.2816 Trading recommendations Baseline scenario Sell USD/CAD below 1.2932, with target points at 1.2892 and 1.2858 Alternative scenario Moving above 1.3026 can be considered as a signal to buy the pair, with target at 1.3057 and 1.3098 EUR JPY GBP CADÂ More: https://new.fxbazooka.com/analytics/10043 Quote http://www.99fortuneforex.tk/Â Â Link to comment Share on other sites More sharing options...
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