GBP/USD: confirmed 'V-Top' pattern
We had a 'Thorn' pattern. There's also a 'V-Top', which has been confirmed, so the price is likely going to test the next support...
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
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/USD: 'Thorn' pattern points to correction
We should watch the nearest support at 1.2953 - 1.2930 as an intraday target for GBPUSD...
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
