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EUR/USD continues to rise inside the minor impulse (iii), which earlier reversed up from the support zone lying between the support level 1.1100 and the upper trendline of the recently broken daily up channel from the start of this year (acting as support after it was broken earlier this month).
If the pair closes today near the current levels it will form the daily Japanese candlesticks reversal pattern Bullish Engulfing. EUR/USD is expected to rise further in the active impulse waves (iii) and C toward the next buy target at the resistance level 1.1260 (forecast price for the completion of the active wave C).
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
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.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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