Tag - eur

Wave (iv) is probably taking the form of a flat pattern. The main intraday target is 6/8 MM Level. If we see a pullback from this level...

The market’s reaction to the European Central Bank’s press conference was rather surprising…

Bulls faced resistance at 1.1679, which pushed the price lower. So, we should keep an eye on the closest support at 1.1654.

Recommendations: BUY 130…

Recommendation: BUY 1…

The main wave count has been changed. It seems like there's a developing flat pattern in wave [B].

We've got a bearish "Engulfing", so the market is going to test the nearest support. Anyway, bulls will probably try to deliver a new high.

Bulls went through the upper side of the last "Pennant" pattern. It's likely that we're going to see the price even higher.

EUR/USD rising inside minor impulse wave 5 Next buy target - 1…

The last "Shooting Star" pattern has been confirmed, so the pair is likely going to test the 34 Moving Average.

We've got a pullback from 7/8 MM Level on the one hour chart, so wave [v] of C may have been formed. The price is declining in wave (iii) of [i].

The 34 MA has acted as support, so the price is consolidating. Meanwhile, the pair is likely going to test the closest resistance.