USD: technical outlook
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
EUR/USD: bullish 'High Wave' and 'Harami'
There're bullish patterns such a 'High Wave' and a 'Harami', which both have been confirmed. Also, it's possible to have a local downward correction during the day. Even so, we should keep watching the next resistance at 1.1776 as an intraday target.
We've got a 'Harami', which has been formed on the 55 Moving Average, so the price is moving up. The following pullback from the nearest support at 1.1691 is likely going to be a starting point for a bullish rally to 1.1776.
Galya Svetlova
Similar
GOOGLE stock: two steps to recovery
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
AMAZON stock: extending borders
Amazon is enjoying increased demand for its services. What should we expect?
Latest news
Risk on: Dow Jones passed 25000
A great chance to make profit on stocks! Investors are inspired by economic reopening and optimistic vaccine news.
AT&T: a dark horse of a subscription world
On May 27, the longtime cable TV provider AT&T will launch HBO Max – a new streaming platform. How will it affect the price of AT&T?
Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
Deposit with your local payment systems
