The price is consolidating between the nearest resistance at 1.1278 and the 34 Moving Average.
Tag - eur
On the EUR/USD daily chart, the quotes are moving towards the resistance at 1…
Expanding bullish Ichimoku Cloud, but Senkou Span A is horizontal; a golden cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the market is overbought, but prices are supported by Tenkan-sen.
The price reached the upper "Window", which acted as resistance, so we've got a bearish "Tweezers" pattern.
There's a "Pennant" pattern, so bulls are likely going to test the closest resistance at 1.1287 - 1.1307 in the coming hours.
EUR/USD currency pair was trading in a horizontal band during the past week as investors await the European Central bank’s meeting on June 8…
We've got a "Double Top", which has been confirmed. Also, we've got a bearish "Pennant" pattern.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are supported by Cloud and Tenkan-sen.
EUR/AUD broke strong resistance level 1…
Bulls are still pushing the price higher, but there's a bearish "Engulfing" pattern, which hasn't been confirmed yet.
The price is still rising, so bulls faced resistance at 1.1249, which led to the current consolidation.
EUR/USD reversed from support zone Next buy target - 1…