The 55 Moving Average has acted as support, but there's a bearish "Doji" on the last high. So, the price is likely going to test...
Tag - eur
The upper side of the last "Wedge" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance.
Expanding bullish Ichimoku Cloud with rising Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen, but horizontal Tenkan-sen and Kijun-sen; the market returned into the positive area and will supported by the Cloud.
EUR/GBP reached buy target 0…
EUR/USD rising inside minor (b)-wave Next buy target - 85…
The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed.
All the Moving Averages lines have been broken, so the price is consolidating. It seems like we've got a developing "Flag" pattern.
On the daily chart, EUR/JPY the break of diagonal support (lower border of the uptrend channel) was a signal for correction towards 88…
The 55 Moving Average has acted as support, but there isn't any bullish pattern so far. So, we could have a new local low soon.
The pair is consolidating near the 55 Moving Average. It's likely that the price is going to test the nearest support in the short term.
There's a bearish correction. The last bullish "High Wave" pattern hasn't been confirmed yet, so...
Recommendation: BUY 1…