EUR/USD: 144 Moving Average acted as resistance
We're likely going to have a local downward correction towards the 34 Moving Average. The following pullback from this line could lead to...
EUR/USD: "Double Bottom"
Bears faced with support at 1.1826, so the price is consolidating. However, the market is likely going to continue declining towards the next support at 1.1808 - 1.1792. If a pullback from this area happens, we could have an upward correction in the direction of the nearest resistance at 1.1859 - 1.1909.
There's a "Double Bottom", so the price is consolidating. The main intraday target is the nearest support at 1.1808 - 1.1792. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish price movement towards the closest resistance at 1.1871 - 1.1890.
Sergey Logachev
Similar
GBP/USD: price to test the next resistance
If a pullback from 1.2950 - 1.2953 happens next, bears will probably try to reach the previously tested support...
EUR/USD: 89 Moving Average acting as resistance
There's a bullish 'Three Methods' pattern. In this case, we should keep an eye on 144 Moving Average as the next intraday target...
Latest news
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…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
Deposit with your local payment systems
