USD/JPY: 'Three Methods' led bullish rally
There's no any reversal pattern so far, which means the market could continue moving up in the coming hours...
EUR/USD: bears going to test next "Window"
Bears have reached the lower "Window", so if any bullish pattern arrives, there'll be an opportunity to have a local upward correction. However, we could have a decline towards the 55 Moving Average afterwards.
The price has been falling since a "Hanging Man" formed at the last high. At the same time, we're likely going to have an upward correction towards the nearest "Window", which could be a departure point for another decline.
Galya Svetlova
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EUR/USD: bearish 'High Wave'
We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...
GBP/USD: price declining under Moving Averages
The main intraday target is the next support at 1.3380 - 1.3344. A pullback from these levels could be a starting point for...
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AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
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