EUR/USD: market to test the lower 'Window'
We've got a bearish 'Engulfing', which has been formed on the 34 Moving Average. In this case, the pair is likely going to...
CHF/JPY falling minor impulse wave 1
- CHF/JPY falling minor impulse wave 1
- Next sell target - 115.00
CHF/JPY continues to fall inside the minor impulse wave 1, which belongs to the intermediate impulse wave (C) from the start of February. The price earlier reversed down sharply from the powerful resistance zone lying between the major resistance level 118.50 (which also reversed the previous sharp uptrend in the middle of July) and the upper daily Bollinger Band. CHF/JPY is expected to fall further toward the next sell target at the next support level 115.00 (target price for the completion of the active impulse wave 1).
Dmitry Chernovolov
Similar
GBP/USD: 'Double Bottom' pushing price higher
The main intraday target is the next resistance area at 1.3013 - 1.3032. Meanwhile, if a pullback from these levels happens next...
EUR/USD: pair consolidating under closest resistance
It's likely that the market is going to test the lower 'Window' at 1.1327 in the coming hours...
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
