EUR/USD: price to test the 34 Moving Average
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
EUR/CAD falling inside minor corrective wave (ii)
- EUR/CAD falling inside minor corrective wave (ii)
- Next sell target - 1.4960
EUR/CAD continues to fall inside the minor corrective wave (ii) – which started earlier from the strong resistance area lying between the resistance levels 1.5250 (which stopped the previous intermediate impulse wave (1) in June) and the upper daily Bollinger Band. EUR/CAD is expected to fall to the next sell target at the next support level 1.4960 (target price for the completion of the active wave (ii)).
Dmitry Chernovolov
Similar
GBP/JPY: finished 'Flag' pattern
The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...
USD/CHF: market to test the lower 'Window'
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
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
