Weekly Forex Outlook: August 7-11
Weekly analytical webinar…
Tag - eur
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...
EUR/USD: "Hammer" led to bullish correction
The last "Shooting Star" and "Engulfing" patterns have been confirmed, but the 34 Moving Average has acted as support.
EUR/USD: forecast for August 7-11
Data confirmed that the euro area’s economy expanded by 0…
EUR/JPY: bulls made a stop
Recommendation: SELL 129…
EUR/USD: confirmed "Double Top" pattern
There's consolidating, which is taking place under resistance at 1.1801. However, bears are likely going to achieve...
EUR/USD: bullish "Hammer"
The last "Shooting Star" hasn't been confirmed. Also, there isn't any reversal pattern so far, which means the market is likely going to...
EUR/USD: bulls going to test next resistance
There's a consolidation, which is taking place between the levels 1.1909 - 1.1846. It seems like the market is going to...
EUR/GBP reached buy target 0.9000
EUR/GBP reversed from resistance zone Next sell target - 1…
EUR/USD: "Shooting Star" pattern
There's a local bullish "Hammer", so the price is likely going to test the nearest resistance. If a pullback from this level happens, bears...
EUR/USD: "Thorn" pattern
The last "Flag" pattern led to another bullish rally, so the price faces resistance at 1.1923. Also, there's a "Thorn" pattern, which means...
EUR/USD: euro is aiming north
On the daily chart, EUR/USD keeps forming the wave 4-5 of the “Widening wave” pattern…
