EUR/USD: price rising because of bullish 'Hammer'

EUR/USD: price rising because of bullish 'Hammer'

2205eurusdh4 (1).png

The last bullish 'Hammer' has been confirmed, so the price is rising. It's likely that the market is going to test the upper 'Window', which could be a starting point for another decline.

2205eurusdh1 (1).png

The price is rising because of the last 'Morning Star' pattern. Also, there's a bullish 'Engulfing'. So, after a short break, the pair is likely going to continue moving up.



GBP/USD: another 'V-Top' pattern

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...


Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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