EUR/USD: 'Window' acted as support once again
The price is likely going to test the closest resistance at 1.1416. The subsequent pullback from this area could lead to a decline...
USD/JPY: market consolidating along Moving Average
The market is still consolidating along the Moving Average. The main intraday target is the lower 'Window' (110.94). A pullback from this level could be a starting point for another bullish price movement.
The last 'Shooting Star' led to the current decline. It's likely that the pair is going test the next support at 110.94. If a pullback from this level happens next, there'll be a moment for an upward price movement in the direction of the closest significant resistance 111.74.
Galya Svetlova
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EUR/USD: lower 'Window' acted as support
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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...
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