EUR/USD: two pullbacks from 0/8 MM Level

EUR/USD: two pullbacks from 0/8 MM Level


Wave 4 may have been formed like a zigzag, cause there's a pullback from 0/8 MM Level. Therefore, we're likely going to have an upward impulse in wave 5 soon.


There are two pullbacks from 0/8 MM Level in a row, so the price is rising. It's likely that we've got developing wave [i]. If so, wave (iii) is going to move on in the short term.



GBP/USD: 'V-Top' pattern

It's likely that the pair is going to test the next support at 1.2994 - 1.2977. A pullback from this area could be a departure point for...



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.

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