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:
[URL=https://fbs.com/analytics/articles/usd-jpy-bulls-grab-the-biggest-piece-of-the-pie-3726]https://fbs.com/analytics/articles/usd-jpy-bulls-grab-the-biggest-piece-of-the-pie-3726[/URL]

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:
[URL=https://fbs.com/analytics/articles/eur-usd-broken-pennant-3727]https://fbs.com/analytics/articles/eur-usd-broken-pennant-3727[/URL]

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:
[URL=https://fbs.com/analytics/articles/gbp-usd-55-ma-acted-as-support-3729]https://fbs.com/analytics/articles/gbp-usd-55-ma-acted-as-support-3729[/URL]

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:
[URL=https://fbs.com/analytics/articles/usd-jpy-window-acting-as-support-3734]https://fbs.com/analytics/articles/usd-jpy-window-acting-as-support-3734[/URL]

EUR/USD: "HAMMER" ON THE LOWER "WINDOW"
11:01 14.09.2017



We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.



There's a bullish "Hammer" on the lower "Window". Considering confirmation of this pattern, the price is likely going to test the Moving Averages in the short term.

More:
[URL=https://fbs.com/analytics/articles/eur-usd--hammer-on-the-lower-window-3735]https://fbs.com/analytics/articles/eur-usd--hammer-on-the-lower-window-3735[/URL]

EUR/USD: WAVE 4 TURNED OUT TO BE BIGGER
11:20 14.09.2017



We've got a new local low, so wave 4 turned out to be bigger. Previously, an ending diagonal pattern has been formed in wave [v] of 3. So, there's an opportunity to have just another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.



1/8 MM Level has acted as support, so wave 4 may have been formed like a zigzag. In this case, bulls are likely going to deliver an upward impulse in wave [i]. If a pullback from 4/8 MM Level happens a little later on, we could have a local bearish correction.

More:
[URL=https://fbs.com/analytics/articles/eur-usd--wave-4-turned-out-to-be-bigger-3736]https://fbs.com/analytics/articles/eur-usd--wave-4-turned-out-to-be-bigger-3736[/URL]

EUR/USD: BULLS WANT TO ATTACK
08:07 15.09.2017

Recommendation:

BUY 1.1825 SL 1.177 TP1 1.1925 TP2 1.206

BUY 1.1925 SL 1.187 TP1 1.206 TP2 1.2155

On the daily chart, EUR/USD reached targets of “Three Indians”. If bulls fail to keep the pair above 1.1910, the odds of decline towards the lower border of the long-term uptrend channel and 88.6% target of the “Shark” pattern will increase.



On H1, a break below support at 1.1825 will create a ground for reaching 88.6% target of the “Shark” pattern. On the other hand, successful test of resistance at 1.1925 and the quote’s leaving the uptrend channel will be a signal of the new bullish attack.



More:
[URL=https://fbs.com/analytics/articles/eur-usd-bulls-want-to-attack-3748]https://fbs.com/analytics/articles/eur-usd-bulls-want-to-attack-3748[/URL]

EUR/GBP: BEARS ORGANIZED A REVERSAL
08:20 15.09.2017
Recommendation:

BUY 0.899

SL 0.8935

TP 0.907 TP2 0.92 TP3 0.93

On the daily chart, EUR/GBP formed “Spike and reversal with acceleration” pattern. A break of trendlines allowed bears to develop a correction towards 0.8765-0.8810. In that area, there’s a target of the “Shark” pattern and 50% level of the last long-term bullish wave.



On H1, EUR/GBP reached 261.8% target of AB=CD, that increases the risks of a pullback. At the same time, resistance at 0.8980-0.8985 looks very serious. Only in case of its successful test, bulls will get hope for the resumption of the long-term uptrend.



More:
[URL=https://fbs.com/analytics/articles/eur-gbp-bears-organized-a-reversal-3750]https://fbs.com/analytics/articles/eur-gbp-bears-organized-a-reversal-3750[/URL]

EUR/USD: ON SSB’S SUPPORT
08:23 15.09.2017

Technical levels: support – 1.1880; resistance – 1.1970, 1.2000.

Trade recommendations:

Buy — 1.1920; SL — 1.1900; TP1 — 1.1970; TP2 – 1.200.
Reason: narrow bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are found the support of Senkou Span B and the Bulls may go to upper bounds of the Cloud.



More:
[URL=https://fbs.com/analytics/articles/eur-usd-on-ssb%E2%80%99s-support-3751]https://fbs.com/analytics/articles/eur-usd-on-ssb%E2%80%99s-support-3751[/URL]

AUD/USD: AUSSIE CONTINUED CONSOLIDATION IN CLOUD
08:24 15.09.2017

Technical levels: support – 0.7965, 0.7985; resistance – 0.8040, 0.8070.

Trade recommendations:

Buy — 0.8000; SL — 0.7980; TP1 — 0.8040; TP3 — 0.8070.
Reason: narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market supported by Senkou Span B.



More:
[URL=https://fbs.com/analytics/articles/aud-usd-aussie-continued-consolidation-in-cloud-3753]https://fbs.com/analytics/articles/aud-usd-aussie-continued-consolidation-in-cloud-3753[/URL]

EUR/USD: "THORN" PATTERN
10:32 15.09.2017



The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating between the 34 & 55 Moving Averages. So, the market is likely going to continue moving up towards the next resistance at 1.1975 - 1.2003. If a pullback from this area happens, we could have a decline in the direction of the nearest support at 1.1909 - 1.1892.



Bears faced with support at 1.1850, so there's a "Thorn" pattern, which pushed the price to resistance at 1.1925. In this case, the market is likely going to reach another resistance at 1.1975 - 1.2003 during the day. However, if we have a pullback from these levels, bears will probably try to catch the closest support at 1.1907 - 1.1892.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-thorn-pattern-3759]https://fbs.com/analytics/articles/eur-usd-thorn-pattern-3759[/URL]

GBP/USD: BROKEN "FLAG"
10:35 15.09.2017



The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless, the price is likely going to continue moving up towards the next resistance at 1.3479, which could be a departure point for a bearish correction.



The last "Flag" pattern has been broken, so the price is rising. The main bullish target is the closest resistance at 1.3444 - 1.3479. If a pullback from this area happens little later on, there'll be an opportunity to have a downward correction.

More:
[URL=https://fbs.com/analytics/articles/gbp-usd-broken-flag-3760]https://fbs.com/analytics/articles/gbp-usd-broken-flag-3760[/URL]

EUR/USD: BULLISH "HAMMER" ON 89 MA
11:14 15.09.2017



We've got a bullish "Hammer" on the 89 Moving Average, but the price faced with the nearest resistance. So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.



The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives little later on, there'll be an opportunity to have just another bearish price movement.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-bullish-hammer-on-89-ma-3761]https://fbs.com/analytics/articles/eur-usd-bullish-hammer-on-89-ma-3761[/URL]

USD/JPY: BULLS WENT THROUGH THE "WINDOW"
11:16 15.09.2017



The 55 Moving Average has acted as support once again, so there's a "Hammer" on this line. Considering confirmation of this pattern, the market is likely going to continue moving up towards the next "Window".



Bulls went through the "Window" and there isn't any reversal pattern so far. However, we could have a local bearish correction during the day. Nevertheless, the price is likely going to climb even higher afterwards.

More:
[URL=https://fbs.com/analytics/articles/usd-jpy-bulls-went-through-the-window-3762]https://fbs.com/analytics/articles/usd-jpy-bulls-went-through-the-window-3762[/URL]

EUR/USD: 0/8 MM LEVEL HAS ACTED AS SUPPORT
11:33 15.09.2017



There's a pullback from 5/8 MM Level, so wave 4 may have been formed. In this case, we could have another bullish impulse in wave 5. The main intraday target is 8/8 MM Level.



0/8 MM Level has acted as support, so the price is rising. It seems like we're going to have an upward impulse in wave [i] in the coming hours. If a pullback from 5/8 MM Level arrives little later on, there'll be an opportunity to have a local bearish correction.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-0-8-mm-level-has-acted-as-support-3765]https://fbs.com/analytics/articles/eur-usd-0-8-mm-level-has-acted-as-support-3765[/URL]

NZD/USD: KIWI IS RESUMING TREND
07:17 18.09.2017

Recommendation:

BUY 0.7305

SL 0.725

TP1 0.745 TP2 0.7505

On the daily chart, NZD/USD is forming 5-0 senior pattern and the junior “Bat” pattern. Triggering of the latter will increase the risks of continuation towards 88.6%.



On H1, NZD/USD reached targets of the “Widening wedge”. The level of 88.6% of the wave 4-5 (previous buying point) is acting as support. There’s 23.6% level of the wave CD of the inverted “Shark” pattern. Inability of bears to lower the pair below this important support will be a reason for long positions.



More:
[URL=https://fbs.com/analytics/articles/nzd-usd-kiwi-is-resuming-trend-3778]https://fbs.com/analytics/articles/nzd-usd-kiwi-is-resuming-trend-3778[/URL]

AUD/USD IS SETTING A TRAP
07:41 18.09.2017

Recommendation:

SELL 0.8055

SL 0.811

TP1 0.802 TP2 0.8005

On the daily chart, bulls managed to defend support in the form of the upper border of the triangle and lower border of the uptrend medium-term channel. This increases the chance that the bullish trend will resume towards 200% target of AB=CD.



On H1, AUD/USD has many chances to reach the targets of the “Shark” pattern. When it gets to 113% target, there may be selling, however, with moderate targets. When the pair reaches these targets, bulls will likely regain the initiative.



More:
[URL=https://fbs.com/analytics/articles/aud-usd-is-setting-a-trap-3779]https://fbs.com/analytics/articles/aud-usd-is-setting-a-trap-3779[/URL]

EUR/USD: "V-BOTTOM" PATTERN
09:00 18.09.2017



Bulls faced with resistance at 1.1994, so we've got a "V-Bottom" pattern, which pushed the price to the 34 Moving Average. Therefore, the market is likely going to decline towards the nearest support area at 1.1909 - 1.1892. If we have a pullback from these levels, bulls will probably try to test the closest resistance at 1.2029 - 1.2042.



The price is consolidating under resistance at 1.1949. So, the pair is likely going to reach the next support at 1.1907 - 1.1892 in the short term. Meanwhile, if a pullback from this area arrives little later on, there'll be an opportunity to have an upward price movement in the direction of the nearest resistance at 1.1975 - 1.2003.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-v-bottom-pattern-3786]https://fbs.com/analytics/articles/eur-usd-v-bottom-pattern-3786[/URL]

GBP/USD: BULLISH "FLAG"
09:02 18.09.2017



The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach the closest resistance at 1.3652 - 1.3681 soon. However, if a pullback from this area happens, we could have a decline towards the next support at 1.3533.



There's a consolidation, which is taking place on the one hour chart. Also, we've got a bullish "Flag", so the pair is likely going to test the nearest support at 1.3532 during the day. If a pullback from this level happens, there'll be an option to have an upward price movement towards another resistance at 1.3652 - 1.3681.

More:
[URL=https://fbs.com/analytics/articles/gbp-usd-bullish-flag-3787]https://fbs.com/analytics/articles/gbp-usd-bullish-flag-3787[/URL]

EUR/USD: BROKEN "WINDOW"
11:11 18.09.2017



We've got a "Tweezers" and a "Harami", but confirmation of both patterns is quite weak. So, we could have a local upward price movement and a decline towards the Moving Averages afterwards.



The last "Window" has been broken. Also, there isn't any reversal pattern so far, which means the price is likely going to continue moving up. If any bearish pattern arrives later on, there'll be an opportunity to have another decline.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-broken-window-3793]https://fbs.com/analytics/articles/eur-usd-broken-window-3793[/URL]

USD/JPY: BULLISH "HAMMER"
11:13 18.09.2017



We've got a bullish "Hammer", which has been confirmed. So, just after the local correction, the market is likely going to continue rising towards the nearest resistance area.



There are bearish patterns such a "Tweezers" and an "Engulfing", but both of them haven't been confirmed yet. In this case, the pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have another bullish rally.

More:
[URL=https://fbs.com/analytics/articles/usd-jpy-bullish-hammer-3794]https://fbs.com/analytics/articles/usd-jpy-bullish-hammer-3794[/URL]

EUR/USD: 0/8 MM LEVEL ACTED AS SUPPORT
12:37 18.09.2017



We've got a pullback from 5/8 MM Level, so wave 4 has been finished. In this case, we could have another bullish impulse in wave 5 in the short term. The main intraday target is 8/8 MM Level.



0/8 MM Level acted as support, so there's an upward impulse in wave [i]. The price couldn't fixate below 3/8 MM Level, so wave [ii] may have been formed. Therefore, bulls are likely going to deliver wave [iii] in the coming hours.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-0-8-mm-level-acted-as-support-3796]https://fbs.com/analytics/articles/eur-usd-0-8-mm-level-acted-as-support-3796[/URL]

EUR/USD: BULLS GOING TO DELIVER REST OF WAVE 5
05:14 19.09.2017



The price has been rising since a pullback from 5/8 MM Level happened. If the pair fixates above 6/8 MM Level, bulls are likely going to deliver the rest of wave 5. In this case, we should keep an eye on 8/8 MM Level as the next target.



3/8 MM Level has acted as support, so the price is rising. It seems like we're going to have an extension in wave [iii] of 5. In this case, wave (iii) is going to move on towards 8/8 MM Level in the short term.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-bulls-going-to-deliver-rest-of-wave-5-3810]https://fbs.com/analytics/articles/eur-usd-bulls-going-to-deliver-rest-of-wave-5-3810[/URL]

USD/CAD: BULLS DECIDED TO COUNTERATTACK
07:32 19.09.2017

Recommendation:

SELL 1.242

SL 1.2475

TP1 1.232 TP2 1.2185

On the daily chart, USD/CAD pulled back after reaching the 200% target of AB=CD. If bulls manage to get to resistance at 1.2310, the road to the upper border of the uptrend channel will be open.



On H1, USD/CAD is forming “Spike with reversal and acceleration”. Without a break of the trendline in the area of 1.2150, resumption of the downtrend is not possible. The inability of bulls to overcome resistance at 1.2340 and 1.2420 will point at their weakness.



More:
[URL=https://fbs.com/analytics/articles/usd-cad-bulls-decided-to-counterattack-3814]https://fbs.com/analytics/articles/usd-cad-bulls-decided-to-counterattack-3814[/URL]

EUR/USD: BULLS RETURNED INTO MARKET
08:17 19.09.2017

Technical levels: support – 1.1960; resistance – 1.2000, 1.2090.

Trade recommendations:

Buy — 1.1960; SL — 1.1940; TP1 — 1.2000; TP2 – 1.2090.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out the upper bound of the Cloud and may going higher.



More:
[URL=https://fbs.com/analytics/articles/eur-usd-bulls-returned-into-market-3817]https://fbs.com/analytics/articles/eur-usd-bulls-returned-into-market-3817[/URL]

GBP/USD: POUND IS OVERBOUGHT
08:18 19.09.2017

Technical levels: support – 1.3400; resistance – 1. 3575.

Trade recommendations:

Sell — 1.3575; SL — 1.3595; TP1 — 1.3500; TP2 — 1.3475.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; but the market is overbought – waiting for the correction.



More:
[URL=https://fbs.com/analytics/articles/gbp-usd-pound-is-overbought-3818]https://fbs.com/analytics/articles/gbp-usd-pound-is-overbought-3818[/URL]

XAU/USD: BEARS WANT MORE
07:20 19.09.2017

Recommendation:

SELL $1302

SL $1317

TP1 $1379 TP2 $1268

On the daily chart, bears managed to pull the pair below $1320.4-1321.6 an ounce. A break of the lower border of the uptrend channel will strengthen the risks of a pullback towards $1279 and $1268. On the other hand, recoil from support at $1302 will create grounds for consolidation in the $1300-1350 area.



On H1, XAU/USD has reached the targets of “Spike and reversal with acceleration”. Correction towards targets at 88.6% and 113% of the Shark pattern continues.



More:
[URL=https://fbs.com/analytics/articles/xau-usd-bears-want-more-3813]https://fbs.com/analytics/articles/xau-usd-bears-want-more-3813[/URL]

EUR/USD: "PENNANT" LED TO BULLISH RALLY
09:53 19.09.2017



The 34 Moving Average has acted as support, so the price is rising. So, we should keep an eye on the next resistance at 1.2029 - 1.2042 as an intraday target. If a pullback from this area arrives little later on, there'll be an opportunity to have a bearish correction.



The last "Pennant" pattern led to another bullish rally, so the pair is likely going to reach the nearest resistance at 1.2029 - 1.2042. However, if we see a pullback from these levels, bears will try to test the closest support at 1.1941 - 1.1934 shortly.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-pennant-led-to-bullish-rally-3822]https://fbs.com/analytics/articles/eur-usd-pennant-led-to-bullish-rally-3822[/URL]

GBP/USD: BEARISH "DOUBLE TOP"
09:56 19.09.2017



We've got a bearish "Double Top", which has been confirmed, so the price reached the nearest support at 1.3497. Nevertheless, the market is likely going to test the next support at 1.3444 - 1.3374 in the coming hours. If a pullback from this area happens, we could have just another upward price movement.



The 34 Moving Average has acted as support, so there's a local bullish price movement, which could turn out to be a "Flag" pattern. If so, there'll be an opportunity to have a decline towards the 55 MA.

More:
[URL=https://fbs.com/analytics/articles/gbp-usd-bearish-double-top-3823]https://fbs.com/analytics/articles/gbp-usd-bearish-double-top-3823[/URL]

EUR/USD: 89 MA ACTED AS SUPPORT
14:15 19.09.2017



The 89 Moving Average has acted as support, so we've got a "Shooting Star", but this pattern remains unconfirmed. So, the price is likely going to continue moving up towards the next "Window".



We've got a "High Wave", which has been confirmed. In this case, we're likely going to have a local decline towards the 34 Moving Average, which could be a departure point for another upward price movement.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-89-ma-acted-as-support-3831]https://fbs.com/analytics/articles/eur-usd-89-ma-acted-as-support-3831[/URL]

USD/JPY: "TWEEZERS" AND "HARAMI"
14:17 19.09.2017



The last bearish "Shooting Star" hasn't been confirmed yet. So, we could have a local decline in the short term and another bullish price movement afterwards.



We've got bearish patterns such a "Tweezers" and a "Harami", which both have confirmation. Therefore, the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have just another upward price movement.

More:
[URL=https://fbs.com/analytics/articles/usd-jpy-tweezers-and-harami-3832]https://fbs.com/analytics/articles/usd-jpy-tweezers-and-harami-3832[/URL]

USD/CHF: BULLS ARE STUBBORN
05:28 20.09.2017

Recommendation:

BUY 0.965

SL 0.9495

TP1 0.9745 TP2 0.9785

On the daily chart, bulls are still hoping to form a “Dragon” pattern. The first step will be the pair’s exit out of the short-term consolidation range between 0.9575 and 0.9650. The second step will be a successful attack on diagonal resistance. Only if these 2 conditions are met, USD/CHF will get a chance to rise to 0.9785 and higher.



On H1, USD/CHF is forming the “Dragon’s head”. To complete it, it needs to overcome resistance at 0.9650. In this case, the activation of AB=CD with the target at 161.8% will become more likely.



More:
[URL=https://fbs.com/analytics/articles/usd-chf-bulls-are-stubborn-3843]https://fbs.com/analytics/articles/usd-chf-bulls-are-stubborn-3843[/URL]

GBP/USD: BULLS MADE A STOP
05:35 20.09.2017

Recommendation:

BUY 1.357 SL 1.3515

TP 1.367, SELL 1.3465

SL 1.352 TP1 1.34 TP2 1.3325

On the daily chart, GBP/USD formed an inside bar. It points at the indecisiveness of market players. A break of the inside bar’s low together with the formation of “Three Indians” pattern will strengthen the risks of a pullback towards 1.34, 1.33 and 1.3265.



On H1, GBP/USD is consolidating in the 1.3465-1.3570 area in line with “Spike and ledge” pattern. A successful test of its upper border will open the way to the north. On the other hand, a break of support at 1.3465 will increase the risks of correction to 1.3400-1.3420 and 1.3300-1.3325.



More:
[URL=https://fbs.com/analytics/articles/gbp-usd-bulls-made-a-stop-3844]https://fbs.com/analytics/articles/gbp-usd-bulls-made-a-stop-3844[/URL]

EUR/USD: "DOUBLE TOP" PATTERN
10:47 20.09.2017



Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975 in the short term. If a pullback from this area happens, there'll be an opportunity to have an upward price movement towards the next resistance at 1.2042 - 1.2059.



We've got a "Double Top" pattern, which has been confirmed. So, bears are likely going to test the closest support at 1.1975. However, if we have a pullback from this level, bulls will try to reach another resistance at 1.2029 - 1.2042.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-double-top-pattern-3854]https://fbs.com/analytics/articles/eur-usd-double-top-pattern-3854[/URL]

GBP/USD: DEVELOPING "PENNANT" PATTERN
10:49 20.09.2017



There's a "Double Top", which has been confirmed, so the price is consolidating. The main intraday target is the nearest support at 1.3444. If we have a pullback from this level, there'll be an option to have a bullish price movement towards the closest resistance at 1.3652 - 1.3681.



The price is consolidating between the levels 1.3479 - 1.3532. Also, there's a developing "Pennant" pattern. In this case, bears are likely going to achieve the 55 Moving Average, which could be a departure point for another bullish rally.

More:
[URL=https://fbs.com/analytics/articles/gbp-usd-developing-pennant-pattern-3855]https://fbs.com/analytics/articles/gbp-usd-developing-pennant-pattern-3855[/URL]

EUR/USD: BEARISH "SHOOTING STAR"
12:21 20.09.2017



There's a reversal "Doji" pattern, which hasn't been confirmed yet. Therefore, the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have another upward price movement.



We've got a bearish "Shooting Star", but confirmation of this pattern is quite weak. So, we should keep an eye on 55 Moving Average as an intraday target. If this MA acts as support, bulls are likely going to deliver a new local high.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-bearish-shooting-star-3856]https://fbs.com/analytics/articles/eur-usd-bearish-shooting-star-3856[/URL]

USD/JPY: BEARS GOING TO TEST NEAREST "WINDOW"
12:23 20.09.2017



There are a "Shooting Star" and a "Harami" patterns, which both have been confirmed enough. In this case, bears are likely going to test the nearest "Window", which could be a departure point for another upward price movement.



The price reached the 34 Moving Average, so there's an opportunity to have a local bullish correction. However, bears are likely going to test the 89 MA afterwards, which could act as support.

More:
[URL=https://fbs.com/analytics/articles/usd-jpy--bears-going-to-test-nearest-window-3857]https://fbs.com/analytics/articles/usd-jpy--bears-going-to-test-nearest-window-3857[/URL]

EUR/USD: POSSIBLE WEDGE IN WAVE [i]
13:18 20.09.2017



We've got a pullback from 5/8 MM Level, so wave 4 has been ended. The price is rising, so we could have a bullish impulse in wave 5. The main intraday target is 8/8 MM Level.



There's a possible wedge, which could be wave [i], so bears are likely going to deliver wave [ii] during the day. If a pullback from 4/8 MM Level happens little later on, there'll be an opportunity to have wave [iii] of 5.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-possible-wedge-in-wave-i-3859]https://fbs.com/analytics/articles/eur-usd-possible-wedge-in-wave-i-3859[/URL]

EUR/USD: DEVELOPING DOUBLE ZIGZAG
07:07 21.09.2017



Wave 4 turned out to be bigger, so 5/8 MM Level is likely going to be tested once again. If a pullback from this level arrives later on, there'll be an opportunity to have wave 5. In this case, we should keep an eye on 8/8 MM Level as an intraday target.



It seems like wave 4 is taking the form of a double zigzag. The last decline could be wave (a) of [y], so bulls are likely going to deliver wave (b) during the day. Nevertheless, we could have another bearish impulse in wave (c) of [y] of 4 afterwards.

More:
[URL=https://fbs.com/analytics/articles/eur-usd-developing-double-zigzag-3879]https://fbs.com/analytics/articles/eur-usd-developing-double-zigzag-3879[/URL]

EUR/JPY: BULLS FULFILLED THEIR MISSION
07:43 21.09.2017

Recommendation:

SELL 133.25

SL 133.8

TP 132.3

On H1, EUR/JPY reached 161.8% target of the junior and senior AB=CD patterns. This increases the risks of a pullback to the uptrend. Never the less, as long as the pair’s inside the uptrend channel, bulls remain in control of the situation.



On H1, EUR/JPY is forming a “widening wedge” pattern. Its end together with the break of support at 133.25 will open the way south towards 23.6% and 38.2% correction levels of the last bullish wave.



More:
[URL=https://fbs.com/analytics/articles/eur-jpy-bulls-fulfilled-their-mission-3881]https://fbs.com/analytics/articles/eur-jpy-bulls-fulfilled-their-mission-3881[/URL]