EUR/USD: bearish 'Engulfing' pattern
The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...
EUR/JPY reached buy target - 136.00
- EUR/JPY reached buy target - 136.00
- Next buy target - 137.70
EUR/JPY continues to rise after the earlier breakout of the resistance level 136.00 (which was set as the buy target in our previous forecast for this currency pair). The breakout of the resistance level 136.00 should accelerate the active minor impulse wave 3 – which belongs to the intermediate impulse wave (5) from the end of November. EUR/JPY is expected to rise to the next buy target at the next resistance level 137.70 (target price for the completion of the active wave 3).
Dmitry Chernovolov
Similar
How much will EUR/GBP fall?
Recommendation: SELL 0…
GBP/USD: market to test the nearest support
A pullback from 1.3172 - 1.3143 could be a starting point for another upward price movement towards the next resistance...
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
