On the daily chart of EUR/JPY, bulls and bears are fighting for the upper boundary of the downward channel.
EUR/GBP: bulls ordered a crab
TP1 0.9 TP2 0.907 TP3 0.918
On the daily chart, EUR/GBP is retesting the upper border of the 0.87-0.89 consolidation range. If bulls manage to return the pair outside of it, the risks of advance to 161.8% of the “Crab” pattern will increase.
On H1, to resume the uptrend, EUR/GBP needs to get above resistance at 0.89. If this happens, bulls will manage to trigger the “Shark” pattern with targets at 88.6% and 113%.
On the daily chart of EUR/USD, chances that the pair will reach targets of the “Head and Shoulders” pattern and the “Shark” pattern (88.6% target) are declining.
On the daily chart of EUR/GBP, the long-term consolidation within 0.87-0.902 is continuing.
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 remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...