Tag - eur

The pair is likely going to test the next resistance at 1.1495 shortly. However, if any bearish pattern arrives little later on...

What opportunities the week will give us?

On the daily chart of EUR/GBP, there is the transformation of the "Shark" pattern into the 5-0 one.

On the daily chart of EUR/USD, bulls try to break the upper border of the 1.1265-1.1445 consolidation range, which was formed as a part of the "Spike and Ledge" pattern's implementation.

It's likely that the pair is going to test the lower 'Window' (1.1323) in the coming hours...

Find out how to trade EUR/USD and USD/JPY ahead of the CB consumer confidence release!

EUR/USD keeps trading with volatility but in a small range. There’s a very strong support level at 1.1310 (200-week MA).

EUR/JPY has reached the support line connecting 2018 lows and the lower weekly Bollinger band in the 125.50 area.

It's likely that the price is going to test the nearest support at 1.1335 in the coming hours. If a pullback from this level happens next...

Everyone wants to know what to expect in the New Year…

On the daily chart of EUR/JPY, the implementation of the "Spike and Ledge" pattern, in particular, the fall of the pair below the lower border of the "ledge" between the 127.6 and 129.25 levels, made the pair reach the 88.6% target of the "Shark" pattern.

If a pullback from 1.1418 happens next, bears will probably try to reach the closest support at 1.1335...