EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
EUR/USD: price reached the 34 MA
The price reached the 34 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to test the 89 MA in the short term. If a pullback from this line happens, we could have just another decline.
The last "Three Methods" pattern has acted as support. At the same time, we don't have any bearish candle pattern for now. In this case, the upward correction is likely going to move on until any reversal pattern forms.
Galya Svetlova
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EUR/USD: 'Hammer' under the Moving Averages
The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
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GBP/USD: confirmed "Thorn" pattern
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USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
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There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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