EUR/USD: bearish "Doji"

EUR/USD: bearish "Doji"


We've got a bearish "Doji" on the 34 Moving Average, but confirmation of this pattern isn't enough. So, the price is likely going to test the closest support area, which could be a departure point for an upward price movement.


We've got an "Engulfing" pattern at the last local high. Considering confirmation of this pattern, the price is likely going to test the nearest support level. The bearish main target is the lower "Window".



Bitcoin (BTC/USD) opening the doors for a lower extension

As we had anticipated in previous reports, Bitcoin has finally made a break of the important level of support at 12,852 and is now on track to reach the Fibonacci level of 0% at 10,680, which could mean a bearish continuation that will allow to…


Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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