EUR/USD: bullish 'Doji' and 'Engulfing'

EUR/USD: bullish 'Doji' and 'Engulfing'


There're bullish patterns such a 'Doji' and an 'Engulfing', so we're likely going to have a local upward correction soon. Even so, we should keep on track the next support at 1.1400 as an intraday bearish target.


We've got a bullish 'Hammer', which has been confirmed. In this case, the pair is likely going to test the 34 Moving Average, which could act as resistance. If so, bears will probably try to test the lower 'Window' (1.1400).



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GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

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