Technical Analisis Dari FBS.com

[Syazfirul Enterprise]

USD/JPY: candlestick analysis
25 February 2016, 11:43 Comments: 0

Galina Svetlova

A “Engulfing Bullish” and a “Hummer” patterns have been formed at the last low. It’s likely that the current correction will go on because the price faced a resistance on the 21 Moving Average line. There're a “Hummer” and a “Tweezers” on the daily chart. The “Window” still acts as a resistance.

USD/JPY: candlestick analysis

Here’s a bullish “Harami” pattern, which was a start for the upward correction. However, on the 55 Moving Average line we could find a possible bearish “Harami”, so it’s likely to see a local downward movement until bullish patterns arrives on the support line.

 

[Syazfirul Enterprise]

EUR/USD: technical analysis
26 February 2016, 06:44 Comments: 0

Sergey Logachev

EUR/USD: technical analysis

The trend on the EUR/USD pair remains bullish and the price has found a support at 1.0936. There’s a “Triple Bottom” pattern, which has been confirmed. It's likely to see a rise to a zone between the resistance area 1.1032 - 1.1145 and the level at 1.1159. The downward movement subsequently has a possibility to start towards a support area between the 55 & 34 Moving Average lines.

The local downward trend has been broken and the price started rising towards a resistance at 1.1066 and the 89 Moving Average line. There's a “Thorn” and a “Pennant” patterns. Moreover, it’s likely that we’ve got a “Head and Shoulders” in progress. In the short term we can expect the downward movement towards a support area between the 34 Moving Average line and the level 1.1011. The price might start rising afterwards to the upper side of a support area between the levels 1.1032 – 1.1145.

 

[Syazfirul Enterprise]

CAD/CHF: buy target - 0.7500
1 March 2016, 10:34 Comments: 0

By: Dmitriy Chernovolov

CAD/CHF broke resistance level 0.7330
Next buy target - 0.7500

CAD/CHF recently broke above the resistance level 0.7330 (which reversed the previous upward impulse in January, as can be seen from the weekly CAD/CHF chart below). The breakout of this resistance level is likely to accelerate the active minor correction (ii) – which started earlier – when the price reversed up from the support zone lying between the support levels 0.7000 and 0.6840 (which has been reversing the price from the start of 2015 as can be seen below).

CAD/CHF is likely to rise further toward the next buy target at the resistance level 0.7500 (forecast price for the completion of the active minor correction (ii)).

 

[Syazfirul Enterprise]

USD/JPY: candlestick analysis
1 March 2016, 09:27 Comments: 0

Galina Svetlova

There’s a “Bullish Harami” at the last low, so the current correction will probably go higher. It’s likely to see any bearish candle patterns on the 55 Moving Average. As we can see on the daily chart, there’s a strong support by the “Window” and previously formed the “Hummer” and “ Tweezers” are still actual.

We’ve got a “Harami” at the local low and all last candles are strongly bullish. At the same time, it’s likely that any bearish candle pattern arrives afterwards. If so, the market might go into a local downward correction towards the moving average lines

 

[Syazfirul Enterprise]

There's a local downward trend on the four-hour chart, but yesterday we've got a flat, which faced a support at 1.0858. As far as we’ve got a “Rising Wedge”, it’s likely to see more selling presuare towards a support at 1.0809. The market might start rising afterwards to a resistance at 1.0922.

The price has found a support at the area 1.0858 - 1.0809 on the one-hour chart. An upward correction was started after a “V-Bottom” has been formed. It’s likely that the pair will go higher towards a resistance area between the 34 Moving Average line and the level 1.0911. The price might start falling down afterwards to a support at 1.0809.

 

[Syazfirul Enterprise]

EUR/USD: technical analysis
3 March 2016, 06:26 Comments: 0

Sergey Logachev

EUR/USD: technical analysis

We’ve got a local downward trend on the four-hour chart. Yesterday the price was going up and down in a flat and finally reached a support at 1.0858. It’s likely to see a bearish movement to a support at 1.0809, but then the market might start rising towards a resistance at 1.0922.

EUR/USD: technical analysis

The pair has been found a support at 1.0834 and a “V - Top” pattern was formed afterwards, so the market had some reasons to start rising. It's likely that the price will go lower to a support at 1.0809. However, bulls might come back and try to reach a resistance at the downward trend between the levels 1.0858 – 1.0880.

 

[Syazfirul Enterprise]

Forex trading plan for March 4
3 March 2016, 15:33 Comments: 0

Kira Iukhtenko

Demand for the US Dollar weakened after the weak unemployment claims figures on Thursday. Block of labor market data on Friday is now in focus – these are the figures that will define the further market dynamics ahead of the Fed’s Mach 16 meeting. NFP are expected to come at 195K in February, while the average hourly earnings are forecasted to surprise to the downside. We expect USD to recover some ground ahead of the release.

EUR/USD has recovered above 1.0900, but remains in a bearish channel. Strong resistance lies at 1.0950, we expect a break lower from here on Friday. Strong support – local low at 1.0820.

GBP/USD is developing a bullish correction and has recovered above 1.4150.This is where 38.2% Fibonaccilies. The bullish momentum remains strong as of now. Daily close above 1.4100 will confirm and inverse “head-and-shoulders” formation.Support is seen at 1.4080 and 1.4040.

AUD/USD is developing a bullish trend. However, resistance at 0.7380/90 could limit the upside. USD/JPY turned down to 114.00. The US labor market figures could trigger a new wave of buying.

 

[Syazfirul Enterprise]

Forex trading plan for March 8
7 March 2016, 14:38 Comments: 1

By Elizabeth Belugina

Monday was rather quite after the NFP-moves on Friday. Brent oil rose to 3-month high on Monday approaching $40 a barrel mark on the improved market’s risk sentiment. However, the market is still in the situation of oversupply, and the situation may change quickly. GDP growth target of 6.5-7% for 2016 was announced at China’s National People’s Congress. That’s below “about 7%” mark, which was set for 2015, but still rather high and somewhat dispels concerns of a hard lending. The nation’s foreign-exchange reserves fell to the more than 4-year minimum in February, but at a slower pace last month thanks to Beijing’s efforts to stabilize yuan and limit capital outflow. On Tuesday morning China will release trade balance figures – an important release for the market’s risk sentiment.

EUR/USD stayed below resistance at 1.1050 because of the renewed expectations of the ECB’s policy easing. Although much of the easing is already priced in, the single currency will still likely remain under pressure. However, bears will likely stay cautious after the central bank disappointed in December. Support is at 1.0925/00 and 1.0830.

GBP/USD slid below 1.4200. The Bank of England’s Governor Carney will testify to the Parliament at 09:15 GMT on Tuesday. Carney will likely have to answer questions about potential Brexit – a topic, which he so far tried to avoid. The event makes sterling vulnerable for a decline to 1.4080/1.4040. Resistance is at 1.4250 and 1.4350.

AUD/USD closed above 0.7400 on Friday. The currency was supported by the market’s sentiment and the jump in iron ore price from below $40 per ton in the middle of January to more than $50 per ton now. Note though that this driver isn’t very sustainable. Resistance is at 0.7500/30. If Chinese data disappoint, AUD/USD will slide to 0.7365/0.7315.

 

[Syazfirul Enterprise]

EUR/USD: technical analysis
9 March 2016, 06:21 Comments: 0

Sergey Logachev

EUR/USD: technical analysis

The market has found a resistance at 1.1067, which led to the downward correction towards a support at 1.0957. It's likely to see the price even lower. If bears are stopped by a support at 1.0902, the pair might start the upward movement towars a resistance area between the levels 1.1032 – 1.1145.

EUR/USD: technical analysis

There's a “Double Top” pattern under a resistance at 1.1067, so the price had a reason to start a consolidation movement and finally a support at 1.0972 was achieved. It’s likely that the price is going to rise towards a resistance at 1.1011, but then bears might try to reach a support area between the levels 1.0939 – 1.0902.

 

[Syazfirul Enterprise]

USD/CAD: sell target - 1.3200
11 March 2016, 11:05 Comments: 0

By: Dmitriy Chernovolov

USD/CAD reversed from resistance level 1.3400
Next sell target - 1.3200

USD/CAD continues to fall after the earlier downward reversal from the strong resistance level 1.3400 (former strong support level which was broken by the active (c)-wave of the minor ABC correction 2 from the middle of January). The downward reversal from the resistance level 1.3400 intensified the bearish pressure on this currency pair - accelerating the active minor (c)-wave from February (which earlier broke the daily up channel from last May).

USD/CAD is likely to fall further to the next sell target at the support level 1.3200 – the breakout of which can lead to further losses toward 1.3000 (target price for the completion of the active (c)-wave).