Tag - eur

EUR/USD: euro is going to new lows
EUR/USD: euro is going to new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market made a new local lows, but there is a strong daily support near 1.2100.

EUR/GBP stays near a key support zone
EUR/GBP stays near a key support zone

EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart…

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

We could have an upward correction in the short term. However, if a pullback from the nearest resistance happens next...

EUR/USD: 'Wedge' pattern was broken
EUR/USD: 'Wedge' pattern was broken

It's likely that the market is going to test the next support at 1.2129 - 1.2080, which could be a departure point for a bullish correction...

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

The market is likely going to continue declining towards the nearest support area in the short term...

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