GBP/USD: bullish 'Doji'
It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...
CAD/JPY reached buy target 86.00
- CAD/JPY reached buy target 86.00
- Next buy target - 88.00
CAD/JPY continues to rise after the recent breakout of the resistance zone lying at the intersection of the resistance level 86.00 (which as set as the buy target in our earlier forecast for this currency pair) and the 61.8% Fibonacci correction of the previous sharp intermediate impulse wave (1) from last December. The breakout of this resistance zone is likely to accelerate the active minor C-wave which belongs to the intermediate ABC correction (2) from April. CAD/JPY is expected to rise to the next buy target at the resistance level 88.00 (forecast price for the completion of wave (2)).
Dmitry Chernovolov
Similar
EUR/GBP: confirmed 'Double Top' pattern
The 89 Moving Average is acting as support, but we've got a bearish 'Flag'. In this case, we're likely going to...
USD/CAD: price to test next resistance
There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...
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
