EUR/USD: bullish 'High Wave'
The pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next...
EUR/USD: "Hammer" led to bullish correction
The last "Shooting Star" and "Engulfing" patterns have been confirmed, but the 34 Moving Average has acted as support. So, we could have a local upward correction in the short term. Nevertheless, bears are likely going to test the 55 MA afterwards.
There's an "Inverted Hammer" at the last low, so the price is rising. It's likely that the market is going to continue moving up towards the nearest resistance area. If any bearish pattern arrives later on, we could have just another decline.
Galya Svetlova
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GBP/USD: 'V-Top' led to bearish rally
It's likely that the market is going to test the next support area at 1.2999 - 1.2968. A pullback from these levels could be...
EUR/USD: bullish 'Tower' pushing price higher
The price is likely going to test the 34 Moving Average, which could be a starting point for a decline...
Latest news
GBP/USD: confirmed "Thorn" pattern
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: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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