EUR/USD: bears went through "Window"
The 144 Moving Average has acted as a resistance, so we’ve got a “Three Methods” pattern.
Tag - eur
EUR/USD: wave (ii) going to end
The price is still consolidating between the 3/8 and 2/8 MM Levels. Meanwhile, wave (ii) is likely going to end soon.
EUR/USD: bullish "Inverted Hammer"
We’ve got a bearish “Three Methods” on the nearest “Window”. If this pattern confirms, this “Window” is likely going to be broken.
Key option levels for Friday, April 7th
Trade scenarios for EUR/USD, GBP/USD and USD/JPY based on key option levels.
EUR/JPY: bears play cat and mouse
On the EUR/JPY daily chart, the "bears" have implemented the targets on the short positions and reached support at 117…
EUR/USD: bulls going to test nearest resistance
We’ve got a pullback from a support at 1.0629, so a “V-Bottom” pattern has been formed.
Morning brief for April 7
The yen, bonds, and gold favored havens in times of stress, strongly bid after big news of the US launching 59 missiles against Syria’s Shayrat air base in response to a deadly chemical attack in a rebel-held area on Tuesday…
EUR/USD: wave (ii) on the way
There’s a possible flat pattern in wave (ii). Therefore, bulls are likely gong to deliver an impulse in wave c of (ii) during the day.
EUR/USD: "Window" going to act as support again
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term.
EUR/USD outlook after today’s Draghi’s speech
ECB Governor Mario Draghi made a scheduled speech earlier today…
EUR/USD: "Triple Bottom" pushing price higher
Bears faced a support at 1.0639. Also, there’s a “Triple Bottom”, so the market is likely going to rise towards the 34 Moving Average.
Morning brief for April 6
Traders were toiling like galleys slave overnight as there were plenty of economic releases that led to some intraday moves…
