EUR/USD: bears going to test next "Window"

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.



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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