EUR/USD: 'Hammer' under the Moving Averages
The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
USD/JPY: bearish "Harami"
There's a bearish "Harami", which has been formed at the last local high. Considering confirmation of this pattern, the market is likely going to test the next lower "Window" soon.
We've got a "Harami" and an "Engulfing" patterns, which both have been formed on the 34 Moving Average. Therefore, the price is likely going to continue declining, which means we could have a new local low in the short term.
Galya Svetlova
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GBP/USD: 34 Moving Average acting as support
If a pullback from the nearest support could lead to an upward price movement towards the next resistance...
EUR/USD: 'Shooting Star' led to decline
There's a bearish 'Three Methods' pattern, so the price is likely going to test the next support at 1.1363 soon...
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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