EUR/USD: bears stopped by "Window"

EUR/USD: bears stopped by "Window"

EUR/USD: bears stopped by "Window"

The lower “Window” has acted as a support, so we’ve got a “Hammer” pattern, but its confirmation is a quite weak. Also, there’s a bearish “Doji” on the 144 Moving Average. Therefore, bears are likely going to test the nearest support, which could be a departure point for another upward price movement towards the 89 Moving Average.

EUR/USD: bears stopped by "Window"

We’ve got a “Shooting Star”, which has been formed on the 34 Moving Average. However, this pattern has a weak confirmation. Nevertheless, the market is likely going to test the closest support during the day. If a pullback from this level happens, there’ll be an opportunity to have a new local high.



USD/JPY: bullish 'High Wave'

The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...

GBP/USD: 'V-Top' pattern

It's likely that the pair is going to test the next support at 1.2994 - 1.2977. A pullback from this area could be a departure point for...



EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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