EUR/USD: bullish 'Engulfing'

EUR/USD: bullish 'Engulfing'


There's a bullish 'Engulfing', which has been confirmed enough. So, the pair is likely going to reach the nearest resistance at 1.1622, which could be a departure point for another decline.


The price has been rising since the last 'Hammer' was formed. Bulls have reached the 55 Moving Average, but there's no any reversal pattern so far. In this case, we should keep an eye on the 89 MA as the next target.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera