On the daily chart of GBP/USD, bears managed to break the support at 1.27 and move the pair out of the triangle.
EUR/USD finished a wave
BUY 1.1630 SL 1.1575 TP1 1.1820 TP2 1.1920
BUY 1.1520 SL 1.1465 TP1 1.1620 TP2 1.182 TP2 1,1920
On the daily chart, EUR/USD finished the wave 4-5 within the “Widening wedge”. Use pullbacks towards 23.6%, 38.2% and 50% for opening long positions. We don’t exclude the possibility that the prices will rebound from the lower border of the uptrend channel.
On H1, the break of diagonal support in the form of the lower border of the uptrend is a signal for a correction towards 113% and 88.6% targets of the junior and senior “Shark” patterns.
On the daily chart of USD/CHF, there is a transformation of the “Shark” pattern into 5-0.
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
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 remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...