GBP/USD: 'V-Bottom' pushing price higher
We've got a 'Pennant', so the pair is likely going to reach the nearest resistance at 1.3216 - 1.3257. A pullback from this area could be...
EUR/USD: lower side of the triangle broken
The lower side of the triangle has been broken, so the price is declining. The main intraday target is the next support at 1.1526. If a pullback from this level happens next, there'll be a moment to have an upward correction towards the nearest resistance at 1.1574 - 1.1601.
The last 'Pennant' led to a new local low. At the same time, there's a 'V-Bottom', so we're likely going to have an upward correction. So, we should keep an eye on the nearest resistance at 1.1590 as a possible starting point for another decline.
Sergey Logachev
Similar
EUR/USD: 144 MA acted as resistance again
There's a 'Harami' pattern, which has been confirmed. However, if a pullback from the closest support at 1.1550 happens next...
EUR/USD: local bearish 'Tweezers'
If the 144 Moving Average acts as resistance, the market is likely going to test the nearest support at 1.1558...
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...
Deposit with your local payment systems
