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...
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
Similar
GBP/USD: market to test the nearest resistance
The following pullback from the nearest resistance at 1.2930 - 1.2953 could lead to another decline in the direction of the next support...
EUR/USD: 'Harami' led to decline
There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...
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...
Deposit with your local payment systems
