EUR/USD ANALYSIS: INSIDE AN ACTIVE DEMAND ZONE
18:09 01.04.2018
The pair is currently trading inside a strong demand zone that could allow more gains in the short-term. Don’t miss the next video!
EUR/USD: BULLISH 'INVERTED HAMMER’
14:17 02.04.2018
There’s a bullish ‘Inverted Hammer’, which has been confirmed by the last ‘Three Methods’. In this case, the pair is likely going to test the nearest resistance area, which could be a departure point for another decline.
The lower ‘Window’ acted as support, so the price is rising. Also, there’re two ‘Three Methods’ models in a row, so the market is likely going to move up until any bearish pattern forms.
EUR/USD Daily Analyics
06:40 03.04.2018
Technical levels: support – 1.2300; resistance – 1.2320, 1.2380.
Trade recommendations:
Buy — 1.2310/20; SL — 1.2290; TP1 — 1.2380; TP2 — 1.2420
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the market still staying on the support of the Cloud.
[B]GBP/USD Daily Analytics[/B]
11:14 03.04.2018
There’s a ‘Double Bottom’, which has been formed between the Moving Averages. It’s likely that the pair is going to test the nearest resistance at 1.4144 - 1.4199, which could be a starting point for a bearish price movement towards the next support at 1.3982.
We’ve got a confirmed ‘Triple Bottom’, so bulls are likely going to test the nearest resistance at 106.63 - 107.00 in the short term. Meanwhile, if a pullback from these levels happens little later on, there’ll be a moment for a decline.
AUD/USD Daily Analytics
06:25 04.04.2018
Technical levels: support – 0.7610, 0.7690; resistance – 0.7730
Trade recommendations:
Sell — 0.7730; SL — 0.7750; TP1 — 0.7610; TP2 — 0.7580.
Sell — 0.7680; SL — 0.7710; TP1 — 0.7610; TP2 — 0.7580.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are had entered into the cloudy area.
[B]GBP/USD Daily Analytics[/B]
11:36 04.04.2018
The main trend is still bullish, but the market is consolidating along the Moving Averages. It’s likely that the pair is going to test the next resistance at 1.4144. However, if a pullback from this level happens little later on, there’ll be a moment for a decline towards the 89 Moving Average.
The price is consolidating between the levels 1.3982 - 1.4095. The main intraday target is the closest support at 1.4049 - 1.4027, which could be a starting point for a bullish price movement in the direction of the next resistance at 1.4133 - 1.4144
EUR/JPY Daily Analytics
06:38 05.04.2018
Recommendation:
BUY 131.80
SL 131.25
TP1 132.80 TP2 133.20 TP3 136.70
On H1, EUR/JPY is consolidating in the 129.15-132.15 range within the “Spike and ledge” pattern. A break of its upper border will increase the risks of a “Shark” pattern with a target at 88.6%. It corresponds to 136.7.
On H1 of EUR/JPY, the inability of bears to return the pair inside the downtrend channel points at their weakness. A successful test of resistance at 131.8 will open the way up to targets of “Wolfe waves” and “Shark”.
[B]EUR/USD Daily Analytics[/B]
10:09 05.04.2018
Bears faced with support at 1.2250, so the pair is consolidating. The main intraday target is the next support at 1.2239, which could be a departure point for another upward price movement towards the nearest resistance at 1.2285 - 1.2335.
There’s a ‘V-Bottom’, so the market is likely going to reach the 55 Moving Average. However, if this line acts as resistance, bears will probably try to test the closest support at 1.2233.
AUD/USD Daily Analytics
07:05 06.04.2018
Technical levels: support – 0.7610, 0.7660; resistance – 0.7690
Trade recommendations:
Sell — 0.7650; SL — 0.7670; TP1 — 0.7580; TP2 — 0.7530.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the prices are had entered into the negative area.
