Tag - eur

The current bearish correction is continuing, so the price reached a "Window" and the 55 Moving Average.

The price is still declining, but bears faced support on the 55 Moving Average.

There's a pullback from 6/8 MM Level, so wave 2 may have been ended like a double zigzag.

Bears have reached the "Window", so if any bullish pattern arrives, there'll be an opportunity to have a correction.

We've got a "Triple Top", so there's a correction, which is taking place on the four-hours chart.

We've got a zigzag in wave [y], so wave (c) is likely going to be continued.

EUR/CHF broke key resistance level 1…

The main trend is still bullish, cause we've got a pullback from the lower "Window".

Bulls are likely going to test the nearest resistance at 1.1025 in the short term.

Expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are on the support of Tenkan-sen and Kijun-sen.

EUR/USD rose to 6-month highs ahead of the final round of the French presidential election, which will take place on Sunday, May 7…

EUR/USD rose to 6-month highs ahead of the final round of the French presidential election, which will take place on Sunday, May 7…