EUR/USD: price going to test next support

EUR/USD: price going to test next support

26-10-2017-EUR-H4.png

All the Moving Averages have been broken, so the price is moving up. The main intraday target is the nearest resistance at 1.1857. If a pullback from this level happens, there'll be an opportunity to have a decline towards the closest support at 1.1772 - 1.1757.

26-10-2017-EUR-H1.png

Bulls faced with resistance at 1.1831, so the price is consolidating. It's likely that the market is going to test the next support at 1.1810 during the day. If we have a pullback from this level, bulls will probably try to test another resistance at 1.1848 - 1.1857.

eur

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GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

gbp

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