USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
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
USD/CHF: price to test nearest support
The market has been rising since the last 'Pennant' pattern formed. However, there's a 'V-Top' pattern, which has been confirmed...
GBP/USD: 144 MA acting as resistance
There're bearish patterns such a 'Shooting Star' and an 'Engulfing', which both have been confirmed...
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
