GBP/USD: market to test the lower 'Window'
The market is consolidating along the Moving Averages. Previously, we had a 'Three Methods' pattern, which has been confirmed...
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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USD/CAD: 55 Moving Average acting as support
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EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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