EUR/USD: 34 Moving Average acted as resistance
It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...
USD/JPY: 34 Moving Average acting as support
The 34 Moving Average is acting as support, so there's a bullish 'High Wave' pattern. In this case, the market is likely going to test the upper 'Window' in the coming hours. A pullback from this level could be a departure point for a bearish correction.
The price has broken all the Moving Averages. Meanwhile, if a pullback from the nearest resistance forms little later on, there'll be an opportunity to have a local downward correction towards the lower 'Window'.
Galya Svetlova
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EUR/USD: pullback from the upper 'Window'
We should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction...
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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...
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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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