USD/CHF broke major support level 0.9870
USD/CHF broke major support level 0…
USD/JPY: 'Shooting Star' led to decline
There are the 'Engulfing' and 'Hanging Man' patterns, which both have been formed at the last local high. So, there's an opportunity to have a local bearish correction. In this case, we should keep an eye on the nearest support at 109.86. A pullback from this level could be a departure point for another upward price movement towards the upper 'Window' (110.77).
The price is declining because of the last 'Shooting Star'. The main intraday target is the closest support at 109.87. If we have a pullback from this level little later on, there'll be a moment to have a bullish price movement in the direction of the next resistance at 110.77.
Galya Svetlova
Similar
GBP/CAD reversed from long-term support level 1.6600
GBP/CAD reversed from long-term support level 1…
USD/JPY: 'Harami' and 'Tweezers'
The price is likely going to test the 34 Moving Average once again. A pullback from this line could lead to another bearish rally...
Popular
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
