If any bearish pattern arrives in the coming hours, we could have a downward correction.
Tag - eur
Wave (iii) is likely going to end soon, which means we could have wave (iv) soon.
There’s a strong resistance area, where we’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Doji”.
The price is still consolidating under a resistance at 1.0951. Also, there’s a possible “Triple Top”.
On the EUR/USD daily chart, there is a consolidation in the range of 1…
EUR/USD opened the week with a bullish gap on the news that a pro-European candidate Emmanuel Marcon won the most votes in the first round of French presidential election…
Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on support of Tenkan-sen and Kijun-sen.
EUR/AUD reversed from strong resistance level 1…
Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction.
The price has tested the nearest resistance ones again. Also, we’ve got a “Shooting Star”.
The price is still consolidating under a resistance at 1.0951. Also, there’s a developing “Triple Top”.
EUR/USD opened the week with a bullish gap on the news that a pro-European candidate Emmanuel Marcon won the most votes in the first round of French presidential election…