EUR/USD: 'Evening Star' pattern
There's a green light to have a bearish correction towards the Moving Averages. If a pullback from these lines happens next...
NZD/CHF falling inside primary impulse wave ③
- NZD/CHF falling inside primary impulse wave ③
- Next buy target - 0.9800
NZD/CHF continues to fall inside the primary impulse wave ③, which started earlier from the resistance zone lying between the key resistance level 0.7320 (which stopped the previous impulse waves 3 and 5,as can be seen from the weekly NZD/CHF chart below) and the upper weekly Bollinger Band. Given the strength of the aforementioned resistance zone and the overbought reading on the weekly Stochastic indicator - NZD/CHF is expected to fall further to next sell target at the next round support level 0.7000 (which reversed earlier wave B).
Dmitry Chernovolov
Similar
GBP/USD: another 'V-Top' pattern
The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...
EUR/USD: bullish 'Three Methods' pattern
We should watch the next resistance at 1.1433 as an intraday target. If a pullback from this level forms next...
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...
Deposit with your local payment systems
