Since October 2, the EURUSD pair has been trending-up until October 21 when the pair hit the price level of 1.1175.The price zone of (1.1175 - 1.1190) stood as a significant SUPPLY-Zone that demonstrated bearish rejection for two consecutive times in a short-period.Hence, a long-term Double-Top...
USD/JPY has been trading upwards in past 48 hours. I found the breakout of massive inverted head and shoulders pattern in the background, which is good confirmation for the further upside. Watch for buying opportunities with the upward targets at the price of 110.65 and 112.50. Stop loss level is...
The decrease in the current week allowed the pair to break through the average move. Moreover, today's movement is near the middle course zone, which indicates the need to fix part of the short position and transfer the rest to breakeven. Purchases is not yet profitable, since the implementation...
Support at 142.37 is protecting the downside. As long as this key-support is able to protect the downside, the pair will grow and may reach the target at 144.55. This is where we are expecting red wave v and black wave iii to peak for a more prolonged correction in black wave iv. As black wave ii...
