EUR/USD: price to test the 34 Moving Average
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
USD/JPY on the way to reach new highs
USD/JPY is following a bullish sequence above the 200 SMA at H1 chart and has already made a rebound above that moving average. Such level coincides with the Fibonacci area of 50% at 112.35, at which the pair is gathering momentum to continue with the bullish path. If it manages to break above September 27th highs, we can expect an advance towards the -23.6% level at 113.66.
RSI indicator is pointing to the upside, as it remains in the positive territory.
Felipe Erazo
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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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