On the daily chart of EUR/JPY, bulls and bears are fighting for the upper boundary of the downward channel.
Tag - forex signals
On the daily chart of EUR/USD, chances that the pair will reach targets of the “Head and Shoulders” pattern and the “Shark” pattern (88.6% target) are declining.
On the daily chart of EUR/GBP, the long-term consolidation within 0.87-0.902 is continuing.
On the daily chart of USD/CHF, there was a rebound to the 23.6% level from the CD wave of the junior “Shark” pattern within its transformation to the 5-0 pattern.
On the daily chart of USD/JPY, bears failed to break below the bottom line of the upward channel within the implementation of the “Three Indians” pattern.
On the daily chart of XAU/USD, the pair left the downward channel and reached targets of the “Spike and ledge” pattern.
On the daily chart of USD/CAD, the pair is reaching targets of the “Wolfe waves” pattern.
Get clues on the Tuesday moves of the NZD, EUR, and GBP!…
On the daily chart of NZD/USD, the 0.652 level (78.6% of the long-term upward wave) will determine the further direction of the pair.
On the daily chart of AUD/USD, the pair is trying to break above the 0.7107 level (78.6% of the long-term upward wave).
On the daily chart of EUR/USD, bears couldn’t pull the pair below the support at 1.1445 (50% of the upward long-term wave). As a result, bulls took the initiative.
On the daily chart of EUR/GBP, bears managed to pull the pair to targets of the “Shakeout-fakeout” pattern and push it further to the bottom line of the long-term consolidation within 0.87-0.902.