USD/JPY: 'Morning Star' pattern
The pair is going to test the upper 'Window' shortly. A pullback from this level could be a starting point for another decline...
EUR/USD: "Triple Top" pattern
Bulls faced with resistance at 1.1949, so there's a "Double Top" pattern, which has been confirmed. So, the market is likely going to decline towards the nearest support at 1.1879 - 1.1859. If a pullback from these levels happens little later on, there'll be an opportunity to have another upward price movement towards the next resistance at 1.1975 - 1.2003.
There's a "Triple Top" pattern, which has been confirmed. The price reached the nearest support at 1.1897 afterwards, so the next target is the closest resistance at 1.1914 - 1.1941, which could be a departure point for another decline.
Sergey Logachev
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EUR/USD: 'Doji' formed on the 34 Moving Average
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...
GBP/USD: 'V-Bottom' led to consolidation
It's likely that the 34 Moving Average is going to act as resistance. If so, there'll be a green light for another decline...
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AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
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