EUR/USD: bearish 'Engulfing' pattern
The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...
USD/JPY: bearish "Shooting Star"
We’ve got a bearish “Evening Star”, which has been confirmed enough. Therefore, the market is likely going to test the nearest support, which could be a departure point for an upward correction.
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”, which both have a confirmation. In this case, bears are likely going to continue pushing the market lower until any bullish pattern arrives.
Galya Svetlova
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GBP/USD: market to test the nearest support
A pullback from 1.3172 - 1.3143 could be a starting point for another upward price movement towards the next resistance...
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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...
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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