We've got a 'Shooting Star', so we're likely going to have a decline shortly, which means we should watch the next support...
Tag - eur
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
Watch how to use the market sentiment in today's trading!
On the daily chart of EUR/GBP, bears couldn't break the support at 0.87 ( the bottom line of the longterm consolidation within the "Spike and ledge" pattern)
On the daily chart of EUR/USD, after the pair reached the 113% target of the "Shark" pattern, there is a transformation to the 5-0 pattern.
It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...
On the daily chart of EUR/JPY, the pair keeps reaching targets of the "Broadening wedge" pattern.
We should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction...
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...
Watch the clues on trading EUR/USD, GBP/USD and AUD/USD for today!
There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...