EUR/USD: 144 Moving Average acted as resistance
We're likely going to have a local downward correction towards the 34 Moving Average. The following pullback from this line could lead to...
GBP/USD: "V-Bottom" pattern
There's a "V-Bottom" pattern, so the market is likely going to reach the nearest resistance at 1.4011 - 1.4066. Meanwhile, if a pullback from this area happens, there'll be a moment for a decline towards the next support at 1.3915 - 1.3835.
The last "Pennant" pattern pushed the price higher. So, it's likely that the pair is going to achieve the closest resistance at 1.4011 - 1.4048 in the coming hours.
Sergey Logachev
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GBP/USD: price to test the next resistance
If a pullback from 1.2950 - 1.2953 happens next, bears will probably try to reach the previously tested support...
EUR/USD: 89 Moving Average acting as resistance
There's a bullish 'Three Methods' pattern. In this case, we should keep an eye on 144 Moving Average as the next intraday target...
Latest news
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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