USD/JPY: 'Morning Star' pattern
The pair is going to test the upper 'Window' shortly. A pullback from this level could be a starting point for another decline...
USD/JPY: bullish "Engulfing" pattern
The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to reach the next "Window", which could be a departure point for a downward correction.
The last bullish "Engulfing" pattern pushed the price even higher. Also, there isn't any reversal pattern, cause all the last candles are bullish. So, the market is likely going to continue moving up in the short term.
Galya Svetlova
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EUR/USD: 'Doji' formed on the 34 Moving Average
There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...
GBP/USD: 'V-Bottom' led to consolidation
It's likely that the 34 Moving Average is going to act as resistance. If so, there'll be a green light for another decline...
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AUD/USD: bulls cant breaking out SSB’s resistance
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
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