EUR/USD: "Evening Star" at the last high

EUR/USD: "Evening Star" at the last high


There's an "Evening Star", so the lower "Window" is likely going to act as support. However, bulls will probably try to test the last high once again firstly.


We've got a "High Wave" at the local low, but a confirmation of this pattern is a quite weak. So, we could have an intraday upward price movement. At the same time, if any bearish pattern arrives afterwards, the market is likely going to test the Moving Averages.



USD/CAD: bullish above 1.24

USD/CAD is finding dynamic resistance in the 200 SMA at H1 chart and it’s currently trading inside a decisive stage…


Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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