EUR/USD: "Evening Doji Star" arrived

EUR/USD: "Evening Doji Star" arrived


There's a possible "Engulfing" at the last high. If this pattern confirms, bears are likely going to deliver a local downward correction towards the nearest support area. However, if a pullback from this support happens, there'll be an opportunity to have another upward price movement.


We've got an "Evening Doji Star", but confirmation of this pattern isn't enough. So, we could have a correction in the direction of the closest support. Meanwhile, bulls will probably try to deliver a new local high afterwards.



Latest news

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.


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