EUR/USD: 'Doji' formed on the 34 Moving Average

EUR/USD: 'Doji' formed on the 34 Moving Average

2505eurusdh4 (2).png

The pair has been declining since a 'Doji' formed on the 34 Moving Average. There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area.

2505eurusdh1 (2).png

There's a 'Shooting Star', so the market is declining. In this case, bears are likely going to continue to push the price lower until any reversal pattern forms.



Latest news

USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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