EUR/USD: 'Evening Star' pattern
There's a green light to have a bearish correction towards the Moving Averages. If a pullback from these lines happens next...
EUR/USD: "Triple Bottom" pushing price higher
Bears faced a support at 1.0639. Also, there’s a possible “Triple Bottom”, so the market is likely going to rise towards the 34 Moving Average. If a pullback from this line happens, there’ll be an opportunity to have a decline in the direction of a support at 1.0678 – 1.0655.
The price is consolidating between the levels 1.0678 – 1.0629. Therefore, the pair is likely going to test the nearest support at 1.0655 – 1.0639 during the day. If a pullback from this area arrives afterwards, bulls will probably try to approach the next resistance at 1.0713 – 1.0732.
Sergey Logachev
Similar
GBP/USD: another 'V-Top' pattern
The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...
EUR/USD: bullish 'Three Methods' pattern
We should watch the next resistance at 1.1433 as an intraday target. If a pullback from this level forms next...
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
