
The main trend is still bearish. The price faced a resistance at 1.0739, so there’s a consolidation.
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The main trend is still bearish. The price faced a resistance at 1.0739, so there’s a consolidation.
It appeared that Kiwi currency, unlike flightless kiwi bird, can fly…
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen; the prices are under pressure of the Cloud.
Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the local support; but the market is overbought.
GBP/AUD rising inside impulse waves 3 and (3) Next buy target - 1…
GBP/USD broke resistance area Next buy target - 1…
Wave (ii) is about to end. Therefore, if a pullback from 4/8 MM Level happens, there’ll be an opportunity to have an impulse in wave (iii).
We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .
The lower “Window” is acting as a support, so there’s a developing “Three Methods” pattern.
The last wedge was broken, so there was a bullish rally. Finally, the price faced a resistance at 1.2911, so we’ve got a “V-Top” pattern.
The upper side of the last triangle has been broken, so the price reached a resistance at 1.0739.
On the AUD/USD daily chart, the failure of the bulls to test the resistance at 0…
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