It's likely that the market is going to test the upper 'Window', which could be a starting point for another decline...
Tag - eur
We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...
The price faced with support at 1.1717, so there's a 'Thorn' pattern. In this case, the pair is likely going to test the nearest resistance...
The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the market made a new lows and will continue existing downtrend.
The price is likely going to test the upper 'Window', which could be a departure point for another decline...
There's a bearish 'Flag', so the market is likely going to test the next support at 1.1762 - 1.1717. A pullback from this area could be...
On the daily chart of EUR/GBP, bears managed to seize the initiative and brought the pair to the lower border of the medium-term consolidation range (0.8695-0.9015). If the pair triggers the “Bat” pattern, the odds of it going to its 88.6% target at 0.8635 will increase.
On the daily chart, EUR/USD reached an interim target at 78.6% of the “Bat”. The pair formed an inside bar. A break of its upper border will increase the odds of a break above the diagonal resistance and a trigger of the “Shark” pattern.
EUR/NZD has been doing a retracement from the highs of May 15th and it’s challenging the Fibonacci area of 65% at 1…
If any bullish pattern forms little later on, there'll be a moment to have an upward correction towards the Moving Averages...
The market is likely going to test the nearest support at 1.1762 - 1.1717. A pullback from this area could be a departure point for...