Recommendation: BUY 1222 SL 1207 TP1 1…
Tag - forex signals
Recommendation: BUY 0…
On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.
On a daily chart of EUR/USD, the pair managed to break the support at 1.1430, which activated “Shark” and AB=CD patterns.
On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.
Since the beginning of 2018, the Australian dollar has depreciated by 6-8% against major counterparts.
On the daily chart of EUR/JPY, bears managed to pull the pair back to the medium term downward channel and implement the “Shark” pattern.
On the daily chart of USD/JPY, bears have been testing the bottom line of the upward channel.
On the daily chart of USD/CHF, the pair has been reaching targets of the reversed “Shark” pattern with the 113% target.
On the daily chart of GBP/USD, the pair reached targets of senior and junior 1-2-3 patterns, as a result, the pair came back to the downward channel.
Traders like central bank meetings as they drive markets a lot.
On the daily chart of USD/CAD, the pair keeps reaching targets of “Shark” and “Wolfe waves” patterns.