EUR/USD: local bullish 'Engulfing'
The market is likely going to test the next resistance at 1.1836, which could be a starting point for a bearish correction...
USD/JPY: second pullback from "Window"
We’ve got a “Three Methods” pattern, which has been confirmed. So, bulls are likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there’ll be an opportunity to have a local decline.
There’s the second pullback from the lower support in a row, so we’ve got a “Harami” pattern. Therefore, bulls are likely going to get a resistance on the 89 Moving Average, which could be a departure point for a local bearish correction.
Galya Svetlova
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GBP/USD: 'Pennant' pattern
The market is likely going to achieve the next resistance at 1.3172 - 1.3212 within the next few hours...
GBP/USD: 'V-Top' pattern led to decline
There's a 'Double Bottom', which has been confirmed, so the price is likely going to test the nearest resistance...
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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...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
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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