USD/JPY: all the Moving Averages broken
There's no any reversal pattern so far, which means the price is going to continue falling down towards the closest support area...
EUR/USD reached buy target 1.1100
- EUR/USD reached buy target 1.1100
- Next buy target - 1.1200
EUR/USD continues to rise after the earlier breakout of the resistance zone lying at the intersection of the resistance level 1.1100 (which was set as the buy target in out previous forecast for this currency pair) and the resistance trendline of the wide daily up channel from January. The breakout of this resistance zone accelerated the active minor impulse wave C.
EUR/USD is expected to rise further the next buy target at the resistance level 1.1200 (target price for the termination of the active intermediate ABC correction (2)).
Dmitry Chernovolov
Similar
EUR/USD: bearish 'Harami'
The market is likely going to continue declining in the direction of the next support area in the coming hours...
GBP/USD: price declining because of last 'V-Top'
We should keep an eye on the nearest support at 1.3300 - 1.3266 as the next bearish target...
Popular
AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
Deposit with your local payment systems
