USD/JPY: market consolidating between Moving Averages
We had a 'Three Black Crows'. So, we should keep an eye on the closest resistance at 110.30 as a possible starting point for...
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
EUR/USD: confirmed bullish 'Engulfing'
It's likely that the pair is going to reach the 55 Moving Average (1.1684), which could be a starting point for another decline...
GBP/USD: price rising because of 'V-Bottom'
It's likely that the market is going to reach the next resistance at 1.3307 - 1.3341 in the coming hours...
Popular
XAU/USD: Gold has come to the Rubicon
Recommendations: SELL 1282 SL 1297 TP1 1252 TP2 1244 TP3 1215 BUY 1308 SL 1293 TP1 1325 TP2 1335 TP2 1349 On the daily chart of XAU/USD, the 1282-1308 consolidation continues…
CHF/JPY falling minor impulse wave 1
CHF/JPY falling minor impulse wave 1 Next sell target - 115…
EUR/USD: "Three Methods" pushing the price higher
The price is still rising and there isn’t any reversal pattern so far…
Deposit with your local payment systems
