EUR/USD: wave 2 is almost complete

EUR/USD: wave 2 is almost complete

EUR/USD: wave 2 is almost complete

It seems like wave 2 is taking form of a zigzag. So, there’s an impulse in wave [c] of 2. Wave (v) of [c] is likely going to end soon, so there’s an opportunity to have a downward correction in the short term.

EUR/USD: wave 2 is almost complete

As we can see on the one-hour chart, there’s a bullish impulse in wave (v) of [c]. The main intraday target is 7/8 MM Level, which could be a departure point for a bearish correction.

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GBP/USD: bullish 'Doji'

It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...

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GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

gbp

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