USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
EUR/USD: pair consolidating above 'Window'
There's a bullish 'High Wave', which has been formed on the 89 Moving Average. However, confirmation of this pattern is quite weak, so the price is likely going to test the 144 MA (1.1745). A pullback from this line could be a starting point for a decline towards 1.1601.
The pair is consolidating above the 'Window'. If we have a pullback from the nearest support at 1.1678, there'll be an opportunity to have a bullish price movement in the direction of the upper 'Window' (1.1745).
Galya Svetlova
Similar
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
Latest news
USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
USD/CAD faces some difficulties
USD/CAD formed a “gravestone doji” candlestick on the W1 ahead of the 50-week MA (1.3280). Learn more!
The outlook for the GBP
The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?
Deposit with your local payment systems
