GBP/USD: bullish 'Doji'
It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...
USD/JPY on its way to test a key demand area
The USD/JPY pair is plummeting across the board after having strong resistance at the 107.28 level. Such move is helping to consolidate to the spot below the 200 SMA at H1 chart and it’s trying to gather momentum around the 61.8% Fibonacci zone. If a rebound happens over there, we can expect a rally to test the Fibonacci area of -23.6% at 107.77, while a breakout below 105.95 should expose the 105.68 level.
RSI indicator remains in the negative territory, close to the oversold area.
Felipe Erazo
Similar
EUR/GBP: confirmed 'Double Top' pattern
The 89 Moving Average is acting as support, but we've got a bearish 'Flag'. In this case, we're likely going to...
USD/CAD: price to test next resistance
There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...
Latest news
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…
Deposit with your local payment systems
