GOLD: bullish 'Engulfing' pattern
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
EUR/USD: confirmed "Doji"
There's a bullish "Harami", which has been confirmed by the last "Three Methods". So, the market is likely going to rise towards the nearest resistance in the short term. If a pullback from this level happens, we could have another decline.
We've got a confirmed "Doji" at the local low, so the pair is likely going to test the upper "Window" during the day. However, if we have a bearish pattern little later on, bears will probably try to test the Moving Averages once again.
Galya Svetlova
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GBP/USD: 'Harami' led to decline
There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...
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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...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
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