EUR/USD: bearish "Three Methods"

EUR/USD: bearish "Three Methods"

EUR/USD: bearish "Three Methods"

The pair has been declining since a “Harami” was formed at the last high. Also, there’s a developing “Three Methods” pattern. If the 89 Moving Average acts as a resistance, the market is likely going to test the lower “Window”, which could be a departure point for an upward correction.


EUR/USD: bearish "Three Methods"

The price found a lodgement under the upper “Window”. Moreover, there’s a bearish “Shooting Star”, but this pattern hasn’t been confirmed yet. So, the lower “Window” is likely going to act as a support soon.



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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.


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