USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
GBP/NZD broke support area
- GBP/NZD broke support area
- Next sell target - 1.8400
GBP/NZD recently broke through the support area lying between the support level 1.8820 (which reversed the price twice at the start of November, as can be seen below) and the 38.2% Fibonacci correction of the previous sharp intermediate impulse wave (C) from the end of June. The breakout of this support area accelerated the active impulse waves 3 and (iii). GBP/NZD is expected to fall to the next sell target at the next support level 1.8400 (target price for the completion of the active wave 3).
Dmitry Chernovolov
Similar
USD/CHF: price to test nearest support
The market has been rising since the last 'Pennant' pattern formed. However, there's a 'V-Top' pattern, which has been confirmed...
GBP/USD: 144 MA acting as resistance
There're bearish patterns such a 'Shooting Star' and an 'Engulfing', which both have been confirmed...
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
