EUR/USD: 144 Moving Average acted as resistance
We're likely going to have a local downward correction towards the 34 Moving Average. The following pullback from this line could lead to...
USD/JPY: 21 MA acted as resistance
The 21 Moving Average has acted as resistance, so the price is declining. The main bearish target is the lower "Window". If a pullback from this level happens, we could have an upward correction afterwards.
There's a bullish "Hammer", so there's an opportunity to have a local upward correction. Meanwhile, if a pullback from the Moving Averages happens little later on, bears will probably try to deliver a new local low.
Galya Svetlova
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GBP/USD: price to test the next resistance
If a pullback from 1.2950 - 1.2953 happens next, bears will probably try to reach the previously tested support...
EUR/USD: 89 Moving Average acting as resistance
There's a bullish 'Three Methods' pattern. In this case, we should keep an eye on 144 Moving Average as the next intraday target...
Latest news
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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