Technical analysis of EURUSD
EUR/USD: no any reversal pattern so far
The price is declining because of the last 'Doji' pattern. At the same time, if a pullback from the nearest 'Window' happens, there'll be an opportunity to have a local upward correction. Even so, bears are likely going to achieve the next 'Window' afterwards.
There's no any reversal pattern so far. Meanwhile, if we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages.
USD/TRY formed a bullish gap on the D1. It happened on the increase in the market’s risk aversion.
USD/ZAR is capable of more downside on the ongoing trade optimism and as the market’s view switches to the Federal Reserve’s meeting later this month.
EUR/USD spiked down to the September low in the 1.0930 but failed to stay there and closed around 1.1060 on Thursday.