EUR/USD currency pair was trading in a horizontal band during the past week as investors await the European Central bank’s meeting on June 8…
Tag - eur
We've got a "Double Top", which has been confirmed. Also, we've got a bearish "Pennant" pattern.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are supported by Cloud and Tenkan-sen.
EUR/AUD broke strong resistance level 1…
Bulls are still pushing the price higher, but there's a bearish "Engulfing" pattern, which hasn't been confirmed yet.
The price is still rising, so bulls faced resistance at 1.1249, which led to the current consolidation.
EUR/USD reversed from support zone Next buy target - 1…
The last "Three Methods" pattern pushed the price higher, so we've got a new local high.
The price faced support at 1.1103, so we've got a "V-Bottom" pattern, which pushed the pair towards resistance at 1.1204.
The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued.
The last "Double Top" pattern has been confirmed, so the price got support at 1.1103, which led to forming a "V-Bottom".
The price has reached the lower “Window”, so we’ve got a “High Wave”, but confirmation of this pattern is a quite weak.