EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
EUR/GBP reached buy target 0.9240
- EUR/GBP reached buy target 0.9240
- Next buy target - 0.9400
EUR/GBP has been under bullish pressure lately – following the earlier breakout of the resistance zone lying at the intersection of the resistance level 0.9240 (which was set as the buy target in our earlier forecast for this pair) and the resistance trendline of the sharp daily up channel from May. The breakout of this up channel signalled the acceleration of the active impulse waves 5 and (3). EUR/GBP is expected to rise to next buy target at the next resistance level 0.9400 (forecast price for the termination of the active impulse wave (3)).
Dmitry Chernovolov
Similar
GBP/USD: confirmed 'Triple Top'
There's a moment for a bearish correction, so we should watch the closest support at 1.2857 - 1.2930 as a target...
EUR/USD: 'Hammer' under the Moving Averages
The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
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
