In-depth technical & fundamental analysis for currencies & commodities
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market corrected to Kijun-sen and ready to continue existing downtrend.
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are made a new lows, but there is a strong support on 0.7480.
![EUR/USD: wave [ii] taking form of zigzag](/storage/article/5209/preview/62jDvHiSLKE1lHbY_2560x600_q70.jpg)
Wave (c) is likely going to move on towards 3/8 MM Level. In this case, we could have a new local low during the day...
The main intraday target is the 144 Moving Average. If a pullback from this line happens little later on, there'll be an option to have...
The current bearish correction is likely going to move on towards the 55 Moving Average...
The main intraday target is the closest support at 1.3186 - 1.3179. Therefore, if we have a pullback from these levels...
The pair is likely going to test the 55 Moving Average in the short term. If a pullback from this line happens little later on...
GBP/AUD rising inside intermediate ABC correction (2) Next buy target - 1…
GBP/NZD reached buy target 1…
Recommendation: BUY 0…
Recommendation: SELL 0…
We could have wave [ii] soon. If a pullback from 4/8 MM Level happens little later on, there'll be a green light for wave [iii]...
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