EUR/USD: consolidation going to move on

EUR/USD: consolidation going to move on

EUR/USD: consolidation going to move on

The 21 Moving Average has acted as a support, but we still don’t have any reversal pattern so far. Therefore, the market is likely going to test the nearest resistance once again. If a pullback from this level happens, there’ll be an opportunity to have a decline in the direction of the lower “Window”.

EUR/USD: consolidation going to move on

We’ve got a pullback from the 89 Moving Average. However, there’s a bearish “Shooting Star”, but a confirmation of this pattern is a quite weak. In this case, we could have a local downward correction during the day. If a pullback from the Moving Averages happens, bulls will probably try to deliver a new local high.



USD/JPY: bullish 'High Wave'

The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...



EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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