GBP/USD: market to test the lower 'Window'
The market is consolidating along the Moving Averages. Previously, we had a 'Three Methods' pattern, which has been confirmed...
EUR/USD: 34 MA going to act as support
There's a "Shooting Star", but confirmation of this pattern is quite weak. So, the 34 Moving Average is likely going to act as support. If a pullback from this line happens, there'll be an opportunity to have another upward price movement towards the nearest resistance, which could be a departure point for another decline.
We've got a "Tweezers" and a "High Wave", which both have been confirmed by the two "Three Methods" patterns in a row. Therefore, the market is likely going to test the nearest support, where we could have a bullish pattern. If so, the last high will be probably tested once again.
Galya Svetlova
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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...
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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…
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