Tag - eur

EUR/USD: bearish
EUR/USD: bearish "Engulfing"

The 34 Moving Average has acted as support, so the market is likely going to test the next resistance in the coming hours.

EUR/USD: pullback from 7/8 MM Level
EUR/USD: pullback from 7/8 MM Level

Wave [v] of C has turned out to be a diagonal pattern. It seems like wave (iii) has arrived, so bears are likely going to deliver wave (iv).

EUR/USD: bearish
EUR/USD: bearish "V-top" pattern

We've got a "Double Top" pattern, which has been confirmed. Therefore, bears are likely going to test the 55 Moving Average in the short term.

EUR/USD: developing bullish pattern
EUR/USD: developing bullish pattern

There's a consolidation, which is taking place along the 55 Moving Average. Also, we've got a bullish "Flag" pattern, so the pair is...

EUR/USD: forecast for July 10-14
EUR/USD: forecast for July 10-14

The minutes of the European Central Bank’s meeting showed on Thursday that policymakers are open to a further step towards reducing their monetary stimulus but are likely to move slowly out of fear of causing market turmoil…

EUR/USD: euro in consolidation
EUR/USD: euro in consolidation

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market is in consolidation near the Cloud.

EUR/USD: bearish
EUR/USD: bearish "Engulfing"

We've got a bearish "Tower", which has been confirmed enough. Therefore, the market is likely going to reach the nearest support.

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