USD/JPY: 'High Wave' points to correction
The main intraday target is the lower 'Window' (110.75). This level could be a starting point for another bullish price movement...
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
EUR/USD: no any reversal pattern so far
Previously, we had a 'Harami', which led to the current decline. The main intraday target is the next support at 1.1284, which could be...
GBP/USD: 34 Moving Average acted as resistance
The market is likely going to reach the closest support at 1.2665 - 1.2661 shortly...
Popular
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
