
Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but Tenkan-sen is horizontal; expecting a bouncing from the daily resistance near 1.2330/50.
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Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but Tenkan-sen is horizontal; expecting a bouncing from the daily resistance near 1.2330/50.
USD/CAD slumped to 1…
CAD/JPY reversed from support zone Next buy target - 83…
EUR/USD rising inside impulse waves (iii) and C Next buy target - 1…
There's a "Tweezers" pattern at the local high, but the last bullish "Hammer" is still on the table.
We've got a "High Wave" and a "Hammer" at the last low, so there's an opportunity to have the market even higher.
The price is still rising, so bulls are likely going to test 8/8 MM Level.
US dollar had the worst week in 9 months…
USD/JPY fell to 110…
The political turmoil that gripped White House this week resulted in the weakening of the USD against its major counterparts, such as the British pound…
The 55 Moving Average has acted as support, so there's a "V-Bottom" pattern, which pushed the price a little bit higher.
The price faced support at 1.1066, so we've got a "V-Bottom" pattern, so the market is likely going to continue moving up.
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