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 rising inside impulse waves 3 and (3)
- EUR/GBP rising inside impulse waves 3 and (3)
- Next buy target - 0.8700
EUR/GBP continues to rise inside the minor impulse wave 3, which belongs to the intermediate impulse (3) from the middle of April. Both of the active impulse waves 3 and (3) started when the pair reversed up from the support zone surrounding the powerful, multi-month support level which has been reversing the price from last August, as can be seen below.
EUR/GBP is expected to rise to the next buy target at the resistance level 0.8700 (which reversed the earlier corrective wave (ii) in April).
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
