EUR/USD: bullish 'High Wave' and 'Harami'
We should keep watching the next resistance at 1.1776 as an intraday target...
EUR/USD trading in a buy area
Following the ECB’s interest rate decision on Thursday, the EUR/USD pair fell to refresh its lows across the board and now it’s trading between a Fibonacci demand area of 100% and 123.6%, in the 1.1701 and 1.1670 levels. Around that zone we can expect some rebound moves in order to test the 61.8% Fibo level at 1.1752.
RSI indicator remains in the oversold territory, calling for an imminent rebound.
Felipe Erazo
Similar
GBP/USD: developing 'Rising Wedge' pattern
It's likely that the market is going to test the next resistance at 1.3172 - 1.3216 soon. If a pullback from this area happens next...
EUR/USD: 'High Wave' points to decline
The market is likely going to test the 34 Moving Average. If a pullback from this line happens next, bulls will probably try to reach...
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
