EUR/USD: green light for upward correction
There's a 'Triple Top' pattern, which pushed the price lower, so all the Moving Averages have been broken...
Bitcoin (BTC/USD) could make a break lower
There were no major changes during the weekend in the crypto space and in the case of Bitcoin, we could observe that the price action did not vary much since the 200-hour moving average served as a reference to guide the way in the short term. The support level of 6281 is still an area of interest for buyers.
The Parabolic SAR continues to provide signals that the BTC could continue with the bearish movement, in addition to that there was already a death crossover of moving averages in the H1 chart, which
What do we expect?
According to our forecasts in the short-term, Bitcoin could try to break the support level of 6281 to extend the structure to the level of 5475. This could strengthen the bearish bias for the short term, which also clears the way for visit the psychological level of 5000. If the resistance level of 7586 bets to be fractured, the gains could be consolidated above the key level by 8000.
Felipe Erazo
Similar
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...
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...
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
