USD/JPY: 'Three Methods' led bullish rally
There's no any reversal pattern so far, which means the market could continue moving up in the coming hours...
GBP/USD: possible "Pennant" pattern
Bears faced support at 1.3006, so the price is consolidating near this level. Nevertheless, the market is likely going to decline towards the 34 & 55 Moving Averages. If a pullback from these lines happens, there'll be an opportunity to have a new local high.
The price is consolidating in a range of a possible "Pennant" pattern. So, bulls are likely going to test the nearest resistance at 1.3057. At the same time, bears will probably try to achieve support at 1.2982 - 1.2926 afterwards.
Sergey Logachev
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GBP/USD: price declining under Moving Averages
The main intraday target is the next support at 1.3380 - 1.3344. A pullback from these levels could be a starting point for...
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AUD/USD: bulls cant breaking out SSB’s resistance
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Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
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