EUR/USD: 'Harami' points to a bullish correction
The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...
Gold (XAU/USD) ending a possible corrective move
Gold has been trading in a bearish tone below the 50 SMA at H1 chart following the US GDP data release during March 28th session. Currently, we’re seeing a corrective move to take place in favor of the overall bullish structure and if the XAU/USD pair touches the 65% Fibonacci level at 1324, it could gather momentum to resume the bullish bias towards the -23.6% Fibonacci area at 1368.
RSI indicator is in the oversold territory, calling for an imminent rebound.
Felipe Erazo
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GBP/USD: market to test the nearest resistance
The following pullback from the nearest resistance at 1.2930 - 1.2953 could lead to another decline in the direction of the next support...
EUR/USD: 'Harami' led to decline
There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...
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EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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