EUR/USD: 'Evening Star' pattern
There's a green light to have a bearish correction towards the Moving Averages. If a pullback from these lines happens next...
USD/JPY: no any reversal pattern so far
There's no any reversal pattern so far. However, we've got a 'Three Methods' pattern, so the market is likely going to test the upper 'Window' at 112.27. A pullback from this level could lead to a decline towards the Moving Averages.
We've got a 'Hanging Man', so it's time for a local downward correction. The main intraday target is the nearest support at 111.86, which could be a starting point for another bullish rally.
Galya Svetlova
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GBP/USD: another 'V-Top' pattern
The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...
EUR/USD: bullish 'Three Methods' pattern
We should watch the next resistance at 1.1433 as an intraday target. If a pullback from this level forms next...
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EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound entered into channel Tenkan-Kijun
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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