EUR/USD: green light for upward correction
There's a 'Triple Top' pattern, which pushed the price lower, so all the Moving Averages have been broken...
GBP/JPY trading inside a strong pivot area
GBP/JPY is currently facing a dynamic support around the 200 SMA at H1 chart and trades inside a demand zone established by our Fibonacci projections. The 65% level still holds and it can serve as pivot to send the pair to higher levels across the board, with a first target placed at October 25th highs, around 151.36, ahead of the -23.6% level at 152.18.
RSI indicator remains in the negative territory.
Felipe Erazo
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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
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AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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