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 broke daily down channel
- USD/JPY broke daily down channel
- Next buy target - 1.7000
USD/JPY continues to rise inside the intermediate impulse wave (3) – which previously broke the resistance trendline of the wide daily down channel from March (which has enclosed the most of the previous primary ABC correction ②). The active wave started previously from the support zone lying between the key support level 111.70 (low of wave 2) and the 50% Fibonacci correction of the upward impulse from September. USD/JPY is expected to rise to the next buy target at the next resistance level 114.40.
Dmitry Chernovolov
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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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