CAD/CHF broke support zone
CAD/CHF broke support zone Next sell target - 0…
GBP/USD: resistance waiting for bulls
The price is consolidating above the broken trendline. It seems like bulls are ready to go even higher, so we should keep an eye on the next resistance at 1.2976 - 1.3013 as an intraday target. If a pullback from this area happens, there'll be an option to have a decline in the direction of the nearest support at 1.2976 - 1.2887.
Bulls faced resistance at 1.2976, so the price is consolidating. Nevertheless, the pair is likely going to continue moving up towards the next resistance at 1.3013, which could be a departure point for a local decline.
Sergey Logachev
Similar
USD/JPY: 'Morning Star' pattern
The pair is going to test the upper 'Window' shortly. A pullback from this level could be a starting point for another decline...
EUR/USD: 'Doji' formed on the 34 Moving Average
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...
Popular
AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
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…
Deposit with your local payment systems
