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...
USD/JPY: bears going to push price even lower
The main trend is still bearish. Also, there’s a “Three Methods” pattern, which hasn’t been confirmed yet. Therefore, the price is likely going to get a resistance on the nearest “Window”, which could be a departure point for another decline. So, we could have a new local low soon.
As you can see on the one-hour chart, there’s a local bullish “Hammer” at the last low. At the same time, if any bearish pattern arrives on the nearest resistance level in the coming hours, there’ll be an opportunity to have another decline.
Galya Svetlova
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We should watch the nearest support at 1.2953 - 1.2930 as an intraday target for GBPUSD...
EUR/USD: 'Harami' points to a bullish correction
The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...
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GBP/USD: confirmed "Thorn" pattern
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