Tag - eur

EUR/USD: bearish
EUR/USD: bearish "Tweezers"

The 144 Moving Average has acted as a resistance, so there’re a “Tower” and an “Engulfing” patterns, which both have been confirmed.

EUR/USD: bullish
EUR/USD: bullish "Pennant"

There’s a bullish “Pennant”, so the market is likely going to test the nearest resistance at 1.0594 – 1.0655 in the short term.

Morning brief for April 11
Morning brief for April 11

As Steven Tyler’s (Aerosmith) “there’s something wrong with the world today; the light bulb’s getting dimmed; there’s meltdown in the sky” perfectly describes the political and economic environment in which traders have to operate nowadays…

EUR/USD: bearish
EUR/USD: bearish "Flag"

We’ve got a “Flag” pattern, so bears are likely going to test the nearest support at 1.0551 – 1.0524 during the day.

EUR/USD: under pressure of Tenkan and Kijun
EUR/USD: under pressure of Tenkan and Kijun

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are under the resistance of Tenkan-sen and Kijun-sen.

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