Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.
Tag - eur
EUR/NZD has been consolidating above the 200 SMA, gaining momentum across the board and looks forward to duplicating a cycle started from the last week of June, until the second week of July…
The price is consolidating between the 34 & 55 MA. Also, there isn't any reversal pattern so far. In this case...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market supported by the Cloud, but the correction may continue to Senkou Span B
There's a "V-Top" pattern, so the market is likely going to reach support at 1.1757 - 1.1727. However, if we see a pullback from this area...
EUR/USD has made a rebound on a key demand zone for buyers in the short-term…
EUR/NZD reversed from support zone Next buy target - 1…
Weekly analytical webinar…
It's likely that wave [iv] is taking the form of a double three pattern. If so, wave (x) is going to test 2/8 MM Level. However...
The last "Shooting Star" and "Engulfing" patterns have been confirmed, but the 34 Moving Average has acted as support.
Data confirmed that the euro area’s economy expanded by 0…
Recommendation: SELL 129…