Tag - eur

EUR/USD: euro wants to surf
EUR/USD: euro wants to surf

On H1 of EUR/USD, bulls want to trigger “Wolfe waves” pattern with a target at the line 1-4. At the same time, if the pair doesn’t leave the downtrend channel, their plans will fail.  

EUR/USD: bullish 'High Wave'
EUR/USD: bullish 'High Wave'

We're likely going to have an upward correction in the short term. Even so, bears will probably try to deliver another decline little later on...

EUR/JPY: yen is trying to win
EUR/JPY: yen is trying to win

On the daily chart of EUR/JPY, bears managed to form “Shakeout-Fakeout” pattern and lead the pair out of the medium-term consolidation range of 129.15-132.15.

EUR/USD: bearish 'Harami'
EUR/USD: bearish 'Harami'

The market is likely going to continue declining in the direction of the next support area in the coming hours...

EUR/USD: the Bears waiting for new forces
EUR/USD: the Bears waiting for new forces

Bearish Ichimoku Cloud, but horizontal lines Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with weak channel Tenkan-Kijun; the market is in consolidation on Tenkan-sen and Kijun-sen.

 Trading plan for May 23
Trading plan for May 23

It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.

EUR/USD: confirmed 'Triple Bottom'
EUR/USD: confirmed 'Triple Bottom'

The price is rising. However, there's an opportunity to have a downward correction. In this case, if a pullback from the closest support...

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