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On the EUR/USD daily chart quotes reached target 88.6% of the inverted Bat pattern. As a result, the risks of correction towards 1.1345 (78.6% from the last near-term downward wave + lower border of the upward trading channel) and lower.
On the EUR/USD hourly chart quotes entered the convergence zone of 1.145 – 1.1505. There are two targets of the AB=CD pattern – 200% and 224%. A fall of quotes below the level of 1.1425 will be a signal for the realization of the strategy 2B base of Victor Sperandeo and increase the risks of activation of the Shark pattern.
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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