EUR/USD: 'Window' acted as support once again
The price is likely going to test the closest resistance at 1.1416. The subsequent pullback from this area could lead to a decline...
EUR/USD: 'Thorn' pattern
There's a 'Thorn' pattern, so the pair is rising. However, there's an opportunity to have a local bearish correction in the coming hours. So, we should keep an eye on the nearest support at 1.1599 as a possible departure point for another bullish price movement.
We've got a local 'V-Top', so it's time for a downward correction. The main intraday target is the closest support at 1.1599. If a pullback from this level forms next, we're likely going to have an advance towards the next resistance at 1.1679 - 1.1701.
Sergey Logachev
Similar
GBP/USD: 'Double Bottom' pushed price higher
The main intraday target is the closest resistance area at 1.2695 - 1.2725. If a pullback from these levels happens next...
EUR/USD: lower 'Window' acted as support
If a pullback from the nearest resistance happens next, bears are likely going to test the next support at 1.1283...
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...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
Deposit with your local payment systems
