Tag - eur

EUR/USD:
EUR/USD: "Pennant" pattern

Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.

EUR/NZD towards the 1.6115 area in the short-term
EUR/NZD towards the 1.6115 area in the short-term

EUR/NZD has been consolidating above the 200 SMA, gaining momentum across the board and looks forward to duplicating a cycle started from the last week of June, until the second week of July…

EUR/USD:
EUR/USD: "Harami" pattern

The price is consolidating between the 34 & 55 MA. Also, there isn't any reversal pattern so far. In this case...

EUR/USD: euro may enter into Cloud
EUR/USD: euro may enter into Cloud

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market supported by the Cloud, but  the correction may continue to Senkou Span B

EUR/USD: 34 MA acted as support
EUR/USD: 34 MA acted as support

There's a "V-Top" pattern, so the market is likely going to reach support at 1.1757 - 1.1727. However, if we see a pullback from this area...

EUR/USD: developing correction
EUR/USD: developing correction

It's likely that wave [iv] is taking the form of a double three pattern. If so, wave (x) is going to test 2/8 MM Level. However...

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