USD/JPY: pair to test the nearest support
We've got a bearish 'High Wave', so we should keep an eye on the lower 'Window' (110.75) as an intraday target...
GBP/USD: developing 'Pennant' pattern
We've got a 'V-Bottom', so the market is consolidating. The main intraday target is the next resistance at 1.3314 - 1.3347. This area could be a starting point for a bearish correction in the direction of the 34 Moving Average.
There's a possible developing 'Pennant', which is about to end. It's likely that the pair is going to test the Moving Averages shortly. If a pullback from these lines happens next, bulls will probably try to reach another resistance at 1.3314 - 1.3347.
Sergey Logachev
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EUR/USD: no any reversal pattern so far
The market is likely going to test the next support at 1.1284 soon. If a pullback from this level happens next, we're going to have...
GBP/USD: 'Bull Trap' led to a new low
We've got a 'V-Bottom', so the pair is likely going to reach the 55 Moving Average. If this line acts as resistance next...
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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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