Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with a wide channel Tenkan-Kijun; the prices going to new lows of 2018 and approaching to main daily resistance.
Tag - eur
EUR/CAD broke support zone Next sell target - 1…
There's a bullish 'Hammer', so the broken 'Window' is likely going to act as resistance. If a pullback from this level happens little later on...
There's a 'V-Bottom', so the market is likely going to test the 34 Moving Average. Meanwhile, if a pullback from this line happens...
The greenback’s rally is continuing
Trade wars appeared to be one of the most discussed topics since the US president Mr. Trump imposed tariffs on steel and aluminum in March 2018.
There's still no any reversal pattern so far. So, after a short break, the market is likely going to continue declining until...
If a pullback from the nearest support at 1.1859 - 1.1846 happens little later on, there'll be a moment for a bullish correction...
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel Tenkan-Kijun; the market is going lower, but there is a many local supports.
There's a bearish 'Three Methods' pattern. In this case, we should keep an eye on the next 'Window" as an intraday target...
The market is likely going to test the nearest support at 1.1895 - 1.1879. If a pullback from this area happens little later on...
There's an 'Inverted Hammer'. However, this pattern hasn't been confirmed enough, so the market is likely going to reach...