GBP/USD: 'V-Top' pattern points to decline
We should keep an eye on the 34 MA as an intraday target. A pullback from this line could be a departure point for...
EUR/USD: bearish "Harami"
Bulls went through the "Window". Finally, an "Evening Star" has been formed, so there's an opportunity to have a local bearish correction. Anyway, bulls are likely going to test the next resistance in the short term.
We've got a bearish "Harami", but confirmation of this pattern isn't enough. Therefore, we could have a local correction, but the market is likely going to continue moving up afterwards. So, there's an opportunity to have a new high soon.
Galya Svetlova
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GBP/USD: 'Pennant' pattern
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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...
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