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...
Gold (XAU/USD): waiting to resume the bullish path
Gold has been erasing gains since Monday’s session and it’s trying to push higher at the current stage, given that a demand zone has been established between the 1281.06 and 1276.33 levels. Around that area we can expect that the yellow metal resume the bullish trend in order to reach the -23.6% Fibo level at 1304.25. To the downside, the invalidation point lies at 1272.04.
RSI indicator is reaching the neutral territory.
Felipe Erazo
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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...
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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...
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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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