![EUR/USD:](/storage/article/6779/preview/7JoUaLsUiZ0qsx1s_640x320_q80.webp)
The main intraday target is the next resistance at 1.2358 - 1.2384. If we have a pullback from this area...
The main intraday target is the next resistance at 1.2358 - 1.2384. If we have a pullback from this area...
The US dollar is depreciating against most of the currencies…
Narrowing bearish Ichimoku Cloud with raising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel; the prices are supported by Senkou Span B and going to upper border of the Ichimoku Cloud.
Wave 5 of (C) might have been formed. Therefore, there's an opportunity to have wave 1 in the short term...
The spectacular decline of US stocks was the biggest event of last week…
If all the Moving Averages act as resistance, there'll be an opportunity to have another decline...
It's likely that the pair is going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on...
Recommendation: SELL 0…
Recommendation: SELL 1…
The price is likely going to continue declining towards the next support in the coming days...
The market is likely going to test the nearest support 1.2164 in the coming hours...
Narrow bullish Ichimoku Cloud, but raising Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and may bounce to Kijun-sen.
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