On the daily chart for EUR/JPY the “Broadening wage” pattern was activated. The update of September maximum will allow bulls to continue moving towards target at 88.6% following the “Bat” pattern.
It's likely that the pair is going to test the nearest support at 1.1737, which could be a starting point for a bullish price movement...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
The meeting of the Federal Reserve will be the main event of the day on Wednesday…
The market is likely going to test the next resistance at 1.1836, which could be a starting point for a bearish correction...
Let’s go through the main Forex topics that will offer you profit opportunities.
The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...
Recommendation: SELL 0…
On the daily chart, EUR/USD managed to rise above resistance at 1.1750 and lead the pair out of the medium-term consolidation range (1.15-1.1750).
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
Why is GBP/USD rising and how high it may go? What are the targets for EUR/USD, AUD/USD, and NZD/USD? Watch the video to find out!…
There's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784...
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