EUR/USD: 'Shooting Star' pattern

EUR/USD: 'Shooting Star' pattern

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The 34 & 55 Moving Averages acted as resistance, so there's a bearish 'Shooting Star' pattern. Also, there's a bearish 'Three Methods', so the market is likely going to continue falling down in the short term.

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There's a 'Shooting Star' pattern, which has been formed on the 144 Moving Average. In this case, we should keep an eye on the lower 'Window' as a possible intraday target.



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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