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TA201711_01 BRENT May Record a New High this Year

CHART1 TimeFrame: Monthly
INDICATORS: Fibonacci Retracements
In Monthly chart, 3 facts are obvious:
1.1) Price is moving upwards below EMA34, and EMA34 is going flat.
1.2) From Fibonacci Retracements drawn from point 1 to point 2, In June, the lower shadow is below 38.2% level and is closed above 38.2 level; In May and July, their lower shadows touched 38.2% level and were closed above 23.6% level; In Sep, if there is no big movement in last week, it will be a bullish candle above 23.6% level, t…
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TA201711_04 EURCAD May Rise to BBAND Up-rail

CHART1 TimeFrame: Monthly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), Channel line(Golden).
In Monthly chart, 3 facts are obvious:
1.1) It is in a large rising channel.
1.2) Recent monthly candles are with low shadow, there is support near SMA120.
1.3) The candle in September’s body is only a bit shorter than lower shadow, cannot expect sharp rise.
My prediction from weekly chart is:
1.4) From Jun. to Sep. the movement can be seen as adjustment wave, it may resume…
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TA201711_05 GBPCHF May be in V pattern in Oct

CHART1 TimeFrame: Weekly
INDICATORS: MACD(24,52,18), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden)
In Weekly chart, 2 facts are obvious:
1.1) SMA60/120/250 are in bearish arrangement, and this pair is at BBAND upper rail.
1.2) MACD DIF and DEA are below zero, and previous they are very deep, it is hard to start rise sharply.
My prediction from weekly chart is:
1.3) This pair may retrace to Weekly SMA60 and rebound to nearly same as current price.
CHART2 TimeFrame: Daily
INDICAT…
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TA201711_06 NZDUSD May Begin Wave-6 Weekly

CHART1 TimeFrame: Weekly
INDICATORS: MACD(24,52,18), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Fibonacci Retracements(Point a/b Golden), Fibonacci Expansion(Point b/c/d Green), Timer Marker.
In Weekly chart, 3 facts are obvious:
1.1) SMA120 is below SMA250, and they are moving South East, this is rebound in long term down-trend.
1.2) Line Segment “12” is strong bullish trend in lower time frame, it broke SMA120, SMA60, but is stopped below SMA250.
1.3) There are two obviou…
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TA201711_07 USDCHF May Form Double Heads in Weekly chart

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Timer Marker.
In Weekly chart, 2 facts are obvious:
1.1) SMA 60/120/250 are in bullish arrangement, but SMA60/250 are going flat, and SMA60 is going to cross down SMA120. This pair was trading below SMA120 for some weeks, and SMA250 was also broken. So this node may be the node where up-trend turns to down-trend.
1.2) MACD divergence in DIF, there is chance of double heads pattern…
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TA201711_08 USDJPY May Rise then Retest Weekly SMA60

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Timer Marker, Resistance Line(Orange)
In Weekly chart, 2 facts are obvious:
1.1) SMA60 is moving downwards, and SMA250 is moving upwards, they may act as resistance and support MAs for some time..
1.2) There is Resistance line in Orange color.
My predictions from weekly chart are:
1.3) Rising may continue to Resistance line in next week.
1.4) Then it may decline towards SMA60 and …
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TA201711_09 GBPJPY May Retrace to 147.241 then Rebound

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Timer Marker, MFI.
In Weekly chart, 3 facts are obvious:
1.1) SMAs 60/120/250 are in bearish arrangement.
1.2) There are MACD and MFI divergences.
1.3) Previously a broken happened.
My predictions from weekly chart are:
1.4) Retracing to platform 147.241(close price of 2016-12-12 weekly candle) firstly is more reasonable than rising directly to SMA120.
1.5) After reaching 147.241,…
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TA201711_12 GBPUSD May Retrace to Weekly SMA25 then Rise

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion(A/B/C).
In Weekly chart, 3 facts are obvious:
1.1) SMAs 60/120/250 are in bearish arrangement, but price rose above SMA60 and near SMA120, and it is retracing.
1.2) BBAND’s Middle Rail (SMA25) is support MA line.
1.3) There is MACD Histogram Divergence, retracing towards point A is foreseen.
My predictions from weekly chart are:
1.4) I use area fr…
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TA201711_11 CADJPY May Break down Daily SMA60 then Rebound

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Timer Marker, Fibonacci Expansion 1(A/B/C Golden), Fibonacci Expansion 2(B/C/D Green).
In Weekly chart, 2 facts are obvious:
1.1) SMAs 60/120/250 are in bearish arrangement, but price rose above SMA250 and retrace below. The rising may be with retracements.
1.2) There is MACD divergence, it may retrace
My predictions from weekly chart are:
1.3) This pair may first retrace to 100% …
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TA201711_10 GBPAUD May Retrace to daily SMA250 then Rise

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), SMA250(Golden), Timer Marker, MFI.
In Weekly chart, 3 facts are obvious:
1.1) SMA 60 crossed down SMAs 120/250, and SMA120 may cross down SMA250 later, so this pair cannot rise sharply.
1.2) BBAND’s lower rail was not touched before a long bullish candle broke SMA60 and BBAND’s Middle rail, the bullish trend is set up with higher high price and low price.
1.3) BBAND’s band width is not narrow, up…
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TA201711_13 GBPNZD May Continue Rise Towards Monthly SMA25

CHART1 TimeFrame: Monthly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA).
In Monthly chart, 3 facts are obvious:
1.1) SMAs 60/120 are in bearish arrangement, SMA25 crossed down SMA60, and it is dropping.
1.2) In the middle of the chart, I can see trading intensive area, it can act as resistance.
1.3) MACD DIF has just crossed up DEA, but they are far from 0-axis, so the price may continue rise, but not sharply.
My prediction from Monthly chart is:
1.4) BBAND middle ra…
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TA201711_14 GBPCAD May Rise above 1.72 then Retrace

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker.
In Weekly chart, 2 facts are obvious:
1.1) SMA25 crossed up SMA60, the price may break SMA25 and rise.
1.2) SMAs 25/60 are below SMAs 120/250, after meet resistance, the price may retrace.
My prediction from weekly chart is:
1.3) I assume future moving trail and draw it in golden poly line. High price in Oct. is near 1.72366 and target price is near 1.69845.
CHART2 T…
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TA201711_15 AUDNZD May Retrace to Daily SMA120 then Rise

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion 1 (A/B1/C, Golden), Fibonacci Expansion 2 (A/B2/C, Green).
The parameters of Fibonacci Extensions are as follows two screenshots:
In Weekly chart, 2 facts are obvious:
1.1) SMAs 60/120/250 are in bearish arrangement.
1.2) Recent 4 bearish candles shows strong energy of short, price may continue drop after adjustment.
My predictions from weekly cha…
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TA201711_16 EURGBP May Rise above 0.90 and Retrace

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion 1 (A/B1/C, Golden), Fibonacci Expansion 2 (A/B2/C, Green), Fibonacci Retracements (C/D, White).
The coordinates of Fibonacci Extensions are as following two screenshots:
The coordinates of Fibonacci Retracements is as following screenshot
In Weekly chart, 2 facts are obvious:
1.1) SMAs 60/120/250 are in bullish arrangement, price may find support …
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TA201711_17 USDCAD May Rise above 1.27 Then Retrace

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion (A/B/C, Golden).
The coordinates of Fibonacci Extension are as following screenshot:
In Weekly chart, 2 facts are obvious:
1.1) SMAs 25/60/120/250 are in bearish arrangement, price may meet resistance and retrace.
1.2) Recent 3 candles shows strong energy of Long, price may continue rise.
My predictions from weekly chart are:
1.3) Price may rise c…
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TA201711_18 EURUSD May Retest 1.1733 then Rise

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Retracements (A/B, White).
In Weekly chart, 4 facts are obvious:
1.1) SMA60 is to cross up SMA120, but they are both below SMA250, price is not likely to rise sharply.
1.2) Weekly candle at 2017-09-25 touched 23.6% level of Fibonacci Retracements, and was closed with lower shadow, there is some support near 1.1733, it may retest 1.1733 then rebound.
1.3) Or…
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TA201711_19 AUDUSD May Retest daily SMA250

CHART1 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion 1 (A/B1/C, Golden), Fibonacci Expansion 2 (A/B2/C, Green).
In Weekly chart, 2 facts are obvious:
1.1) SMAs 25/60/120 are in bullish arrangement, it not likely to retrace too deeply.
1.2) MACD DIF is to cross down DEA, it may continue drop for some time.
My predictions from weekly chart are:
1.3) Fibonacci Expansion 1 (A/B1/C, Golden), 78.6% level,…
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TA201711_20 AUDJPY May Retest 86.329 then Rise

CHART1 TimeFrame: Monthly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA)
CHART2 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion 1 (A/B1/C, Golden), Fibonacci Expansion 2 (A/B2/C, Green).
In Weekly chart, 2 facts are obvious:
2.1) SMA60 is below SMA120, and SMA120 is declining, price may retrace meet resistance..
2.2) There is MACD Histogram divergence, at BBAND’s upper rail…
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TA201711_21 EURJPY May Move Sideways

CHART1 TimeFrame: Monthly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA)
CHART2 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion (A/B/C, Green).
In Weekly chart, 2 facts are obvious:
2.1) SMA60 is below SMA120, and SMA120 is declining, price may retrace meet resistance..
2.2) There is MACD Histogram divergence, at BBAND’s upper rail, retrace is possible.
My predictions from …
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TA201711_22 EURAUD May Rise Sharply

CHART1 TimeFrame: Monthly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA)
CHART2 TimeFrame: Weekly
INDICATORS: MACD(12,26,9), SMA60(Magenta), SMA120(Blue), BBAND(25,2,2,SMA), , Timer Marker, Price Marker, Fibonacci Expansion (A/B/C, Green).
In Weekly chart, I make following predictions:
2.1) Fibonacci Expansion (A/B/C, Green), 78.6% level, 1.56205, is used to estimate Close Price of target week.
2.2) I use Weekly candle at 2017-05-29 to estimate target price as follows…
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