EUR/USD: another pullback from 144 MA
We've got a 'Shooting Star', so we're likely going to have a decline shortly, which means we should watch the next support...
EUR/USD: 'Head & Shoulders' pushed price higher
The main trend is still bearish. At the same time, there's a 'Triple Bottom' pattern, so the price is rising. However, if a pullback from the 55 Moving Average happens little later on, there'll be a moment for another decline.
We've got a 'Head & Shoulders' pattern, which led to the current upward price movement. Also, there's a broken 'Pennant', so the market is likely going to test the next resistance at 1.2025 - 1.2031 in the short term.
Sergey Logachev
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GBP/USD: market plunged because of 'Triple Top'
There's a 'V-Bottom', so we could have an upward correction. Even so, bears are likely going to test the next support...
EUR/USD: 34 Moving Average acted as resistance
It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...
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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