Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market tested Kijuns’s resistance and returned to Monday’s lows.
GBP/NZD reversed from support zone Next buy target - 1…
The 55 Moving Average acted as resistance. Therefore, we're going to have a bearish correction towards the closest support...
Last week was highly positive for the US dollar, so, it managed to end the Friday’s trading above 93.50.
The main intraday target is the next support at 1.3380 - 1.3344. A pullback from these levels could be a starting point for...
The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
Bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the market breaking down the main daily supports and will continue the downtrend.
GBP/NZD reversed from resistance zone Next sell target - 1…
The pair is likely going to test the next support at 1.3457 - 1.3419. Meanwhile, a pullback from this area could be a starting point...
On the daily chart of EUR/GBP, bears managed to seize the initiative and brought the pair to the lower border of the medium-term consolidation range (0.8695-0.9015). If the pair triggers the “Bat” pattern, the odds of it going to its 88.6% target at 0.8635 will increase.
On Wednesday, the US dollar index failed to close at $93…
The market is likely going to test the next support at 1.3457 - 1.3419 soon...
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