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'...
USD/JPY: bullish "Three Methods" pattern
There's a bullish "Three Methods" pattern, which has been confirmed enough. So, the market is likely going to continue moving up in the short term. If any bearish pattern forms afterwards, there'll be an option to have a decline in the direction of the nearest support.
The lower "Window" has acted as support, but there's a bearish "Harami", which has been formed at the last local high. In this case, bears are likely going to test the closest support level, which could be a departure point for another upward price movement.
Galya Svetlova
Similar
GBP/USD: market plunged because of 'V-Top'
The main intraday target is the next support at 1.2830 - 1.2796. A pullback from this area could lead to an upward correction towards...
EUR/USD: bullish 'Hammer' pattern
The pair is likely going to reach the nearest resistance at 1.1386. If a pullback from this level happens next, bears will probably try to test...
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
