
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
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.
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
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 remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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