![EUR/USD: wave (ii) going to move on](/storage/article/573/preview/vnMYsel23qO2n9Jo_2560x600_q70.jpg)
Wave (ii) has turned out to be deeper. However, the bearish wave count is still on the table.
In-depth technical & fundamental analysis for currencies & commodities
Wave (ii) has turned out to be deeper. However, the bearish wave count is still on the table.
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
The last bullish “Hammer” led to the current upward price movement.
On the USD/JPY daily, the quotes reached the lower border of the downward trading channel, but, then, they returned 108…
On the EUR/JPY daily chart, quotes fell to the lowest level since November 2016…
There’s a “V-Top” pattern, which has been confirmed. Also, we’ve got a bearish “Flag”.
The biggest market-moving event in the past sessions was Steve Mnuchin’s interview with the Financial Times…
The price is still moving up and down in a range of the developing “Triangle” pattern.
NZD/CAD revered from powerful support zone Next buy target - 0…
NZD/USD rising inside impulse wave 3 and (3) Next buy targets - 0…
There’s a diagonal tringle in wave c of (ii), which led to form a wedge in wave i of (iii).
Crude oil edged down in a subdued trading on Monday as investors are still digesting expansion of the US crude oil production…
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