USD has closed with massively strong bullish weekly candles. The EURUSD, GBPUSD show bearish pinbars, the USDJPY a bullish pinbar and the AUDUSD a bearish breakout candle. Watch this video to find out how will this impact the Forex market this week and in the months to
...The EUR/USD remains above the support trend line (solid green), which could mark the difference between a retracement (for more upside) or a reversal (for more downside). For the moment a bearish ABC (blue) pattern seems the most likely path of least resis
...The EUR/USD broke another support trend line (dotted green) yesterday and the bearish decline is picking up speed. One more important line remains unbroken (solid green), which could mark the difference between a retracement (for more upside) or reversal (
...The EUR/USD completed the bullish wave C (blue) but the support trend lines (green) need to break before the waves Y of wave 4 (blue) can be considered completed. Until the trend lines break, the current bearish price action could still be a bearish retrac
...The EUR/USD reached the 61.8% Fibonacci target before showing a 'close and reverse' formation which sparked strong bearish price action. However, the support trend line (green) needs to break before the waves Y of wave 4 (blue) can be considered completed.
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