EUR/USD: 'Doji' led to the current decline

EUR/USD: 'Doji' led to the current decline

1304eurusdH4 (2).png

The last 'Doji' led to the current decline. However, if the 144 Moving Average acts as support, there'll be an opportunity to have another upward price movement.

1304eurusdH1 (2).png

There's a bullish 'Three Methods' pattern, so we're likely going to have a new local high soon. Meanwhile, if any bullish pattern forms little later on, bears will probably try to test the nearest support area.

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GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

gbp

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