EUR/USD: 'Three Methods' pushed market lower
The price reached the 144 Moving Average, but there's no any bullish pattern so far. Thus, the price is likely going to test the next support...
CAD/CHF falling inside minor impulse wave (iii)
- CAD/CHF falling inside minor impulse wave (iii)
- Next sell target - 0.7330
CAD/CHF continues to fall inside the minor impulse wave (iii), which belongs to the impulse wave 3 from the middle of February. The active impulse wave (iii) started when the pair reversed down from resistance zone lying between the resistance level 1.7600, 61.8% Fibonacci correction of the downward impulse (i) from February and the upper daily Bollinger Band.
CAD/CHF is expected to fall further to the next sell target at the support level 0.7330 (low of the previous minor impulse wave (i) and the target price for the completion of the active impulse wave (iii)).
Dmitry Chernovolov
Similar
GBP/USD: confirmed 'V-Top' pattern
We should keep an eye on the nearest support at 1.2814 - 1.2772. If a pullback from this area happens little later on...
EUR/USD: 'Three Methods' pattern
The price is likely going to continue declining towards the 89 & 144 Moving Averages. If a pullback from these lines happens next...
Latest news
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
Deposit with your local payment systems
