EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: confirmed 'Tweezers' pattern
2019-11-11 • Updated
There's a bullish 'Tweezers' pattern, which has been confirmed. In this case, the market is likely going to test the nearest resistance level at 1.1552 soon. If a pullback from this level happens next, there'll be time for a downward correction.
The 55 Moving Average has acted as support, so we've got a bullish 'Tweezers' pattern. However, there's also a 'Shooting Star', so we could face with a local downward correction in the short term. Nevertheless, we should watch the upper 'Window' (1.1552) as the next bullish target.
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!