EUR/USD: 'Shooting Star' led to decline

EUR/USD: 'Shooting Star' led to decline

1904eurusdH4 (3).png

There's a bearish 'Shooting Star', but confirmation of this pattern isn't enough. So the market is likely going to test the 144 Moving Average, which could be a departure point for a bullish price movement

1904eurusdH1 (3).png

The last 'Shooting Star' led to the current decline, but there's an opportunity to have a local upward correction. Even so, bears are likely going to test the lower 'Window' afterwards.



AUD/USD on its way to reach new highs

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…


Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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