USD/JPY: 'High Wave' points to correction
The main intraday target is the lower 'Window' (110.75). This level could be a starting point for another bullish price movement...
EUR/USD: pair consolidating along Moving Averages
Bulls faced with resistance at 1.1720, so the pair is consolidating. Even so, the price is likely going to reach the next resistance at 1.1744 - 1.1777. A pullback from this area could be a starting point for a decline towards the nearest support at 1.1673 - 1.1652.
The last 'Pennant' led to a new local high. Meanwhile, we're likely going to have a downward correction in the coming hours. So, we should keep an eye on the closest support at 1.1679 - 1.1661 as an intraday target. If a pullback from these levels happens next, there'll be a moment for another bullish rally.
Sergey Logachev
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EUR/USD: no any reversal pattern so far
Previously, we had a 'Harami', which led to the current decline. The main intraday target is the next support at 1.1284, which could be...
GBP/USD: 34 Moving Average acted as resistance
The market is likely going to reach the closest support at 1.2665 - 1.2661 shortly...
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EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
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