There is a corrective move in favor of the bears in GBP/NZD and according to our Fibonacci projections, the pair has tested a demand zone around the 61…
Daily Market Analysis
EUR/AUD rising inside minor impulse wave (iii) Next buy target - 1…
EUR/NZD reversed from support area Next buy target - 1…
The 21 & 34 Moving Averages are acting as resistance, so there's a bearish "Harami" pattern, which has been confirmed enough...
The 55 MA is acting as resistance, so we've got a "Shooting Star" on this line. However, confirmation of this pattern is a quite weak, so...
The last "Thorn" pattern has been confirmed by the "Breakaway Gap". So, the market is likely going to test the nearest support area...
It's likely that the pair is going to achieve the next support at 1.1615. However, if a pullback from this level happens little later on...
Bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span B and may return to upper border of a Cloud.
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an irregular golden cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices returned into the negative area and may continue falling down.
Recommendation: BUY 0…
Registration: BUY 0…
EUR/GBP has been moving in a sideways range inside a demand zone established by our Fibonacci’s projections…