EUR/USD: extension in wave (iii) of [i]

EUR/USD: extension in wave (iii) of [i]


The price has been rising since a pullback from 0/8 MM Level happened. So, there's a developing bullish impulse, which could be wave [i]. The main intraday target is 2/8 MM Level.


There's an extension in wave (iii) of [i], which hasn't been finished yet. Therefore, the price is likely going to test 3/8 MM Level, which could be a departure point for wave (iv). Nevertheless, bulls will try to reach 4/8 MM Level afterwards.



GBP/USD: bullish 'Doji'

It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...


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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.


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