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...
GBP/USD reversed from support area
- GBP/USD reversed from support area
- Next buy target - 1.3100
GBP/USD recently reversed up from the support area located between the support level 1.2960 (former resistance level which stopped the previous minor correction (b) at the start of July, as can be seen below) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the middle of June. GBP/USD is expected to rise to the next buy target at the next resistance level 1.3100 (which reversed the price sharply earlier this month).
Dmitry Chernovolov
Similar
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...
GBP/USD: 'V-Bottom' led to consolidation
It's likely that the 34 Moving Average is going to act as resistance. If so, there'll be a green light for another decline...
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
