EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
AUD/USD on its way to duplicate a bearish cycle
AUD/USD has been trading in a bearish tone across the board and is making a breakout below the lows from the last three weeks. This move has allowed to the Aussie to consolidate the price action below the 200 SMA, at which it found strong dynamic resistance and that’s why we’re expecting a lower continuation towards the Fibonacci level of 100% at 0.7608. To the upside, if the pair manages to rebound at the current stage, then the next target would be the highs from last week.
RSI indicator stays in the oversold territory, favoring to the bullish scenario.
Felipe Erazo
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EUR/USD: 'Hammer' under the Moving Averages
The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
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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…
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