USD/JPY: confirmed 'High Wave'
The market is likely going to test the Moving Averages again. At the same time, these lines could be a departure point for...
GBP/NZD in a rebound zone
GBP/NZD has been showing a strong weakness since last week and currently it’s challenging a demand zone between the 1.8887 and 1.8724 levels. There is also a bearish crossover of the moving averages underway and it could be adding fuel to the possibility of another leg lower towards the 78.6% Fibo zone at 1.8576. However, if it makes a rebound at the current stage, then it can go higher towards the -23.6% at 1.9685.
RSI indicator is in the neutral territory, calling for a sideways consolidation.
Felipe Erazo
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EUR/USD: 'Harami' on the last high
The market is likely going to test the next support at 1.1367, which could be a starting point for another bullish rally...
GBP/USD: developing 'Pennant' pattern
The price is likely going to test the next support at 1.2665 - 1.2661. Meanwhile, if a pullback from the area forms afterwards...
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EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
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