EUR/USD: pullback from the upper 'Window'
We should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction...
GBP/CHF rising inside minor impulse wave 3
- GBP/CHF rising inside minor impulse wave 3
- Next buy target - 0.9600
GBP/CHF continues to rise inside the sharp minor impulse wave 3, which earlier broke through the key resistance level 1.2650 (which stopped the previous minor correction (ii) in the middle of August, as can be seen from the daily GBP/CHF chart below). The breakout of the resistance level 1.2650 strengthened the bullish pressure on this currency pair – leading to todays’ breakout of the resistance trendline from May – which further accelerated the active impulse waves 3 and (C). USD/CHF is expected to rise to next buy target at the next resistance level 0.9600 (top of wave B).
Dmitry Chernovolov
Similar
GBP/USD: 'Thorn' pattern points to correction
We should watch the nearest support at 1.2953 - 1.2930 as an intraday target for GBPUSD...
EUR/USD: 'Harami' points to a bullish correction
The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...
Latest news
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
Deposit with your local payment systems
