EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
GBP/JPY rising inside minor impulse wave (iii)
- GBP/JPY rising inside minor impulse wave (iii)
- Next buy target - 148.00
GBP/JPY continues to rise inside the minor impulse wave (iii), which belongs to the wave 3 from the middle of June. Impulse wave 3 started earlier when the price reversed up from the support area lying between the support level 139.00 (upper boundary of the strong support zone which has been reversing the price from November) and the lower daily Bollinger Band. GBP/JPY is expected to rise to the next buy target at the next resistance level 148.00 (which stopped previous impulse waves (1) and 1 and which is the target price for the completion of the active impulse wave (iii)).
Dmitry Chernovolov
Similar
GBP/USD: confirmed 'Triple Top'
There's a moment for a bearish correction, so we should watch the closest support at 1.2857 - 1.2930 as a target...
EUR/USD: 'Hammer' under the Moving Averages
The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
Latest news
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
Deposit with your local payment systems
