GOLD: bullish 'Engulfing' pattern
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
GBP/USD: bears going to test nearest support
The price is consolidating between the levels 1.2830 - 1.2911. Meanwhile, bears are likely going to test the nearest support at 1.2853. If we have a pullback from this level, there'll be an option to have a bullish price movement in the direction of the next resistance at 1.2932 - 1.2951.
There's a consolidation, which is taking place near the Moving Averages. The market is likely going to reach the closest support at 1.2853 during the day. At the same time, if we have a pullback from this level, bulls will have a green light to catch another resistance at 1.2926 - 1.2932.
Sergey Logachev
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EUR/USD: local 'V-Top' pattern
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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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