
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
GBP/JPY has been falling in the last few trading sessions inside the c-wave of the minor ABC correction (ii) from the start of July. The active wave started when the pair reversed down from the powerful resistance area located between the long-term resistance level 148.00 (top of the previous impulse waves (1) and 1 and (i)) and the upper daily Bollinger Band. GBP/JPY is expected to fall further to next sell target at the next round support level 139.00 (bottom of the previous minor ABC correction 2 from June).
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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) Next sell target - 0…
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