USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
AUD/JPY broke support level 110.50
- AUD/JPY broke support level 110.50
- Next sell target - 80.50
AUD/JPY continues to fall after the earlier breakout of the support level 110.50 (which reversed the price at the start of April, as can be seen from the daily AUD/JPY chart below). The breakout of this support level should accelerate the active impulse waves 3 and (5). AUD/JPY is expected to fall toward the next sell target at next support level 80.50 (low of the previous impulse wave (3)).
Dmitry Chernovolov
Similar
USD/CHF: price to test nearest support
The market has been rising since the last 'Pennant' pattern formed. However, there's a 'V-Top' pattern, which has been confirmed...
GBP/USD: 144 MA acting as resistance
There're bearish patterns such a 'Shooting Star' and an 'Engulfing', which both have been confirmed...
Latest news
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
Deposit with your local payment systems
