AUD/JPY : Appetite for risk is booming
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
GBP/USD: confirmed bearish 'Harami'
Information is not investment advice
There's a bearish 'Harami', which has been confirmed, so the price went through the 'Window'. Also, we've got a 'Three Methods' pattern, so the market is likely going to test the next support at 1.2777 in the short term. If a pullback from this level happens little later on and we have a bullish pattern, there'll be a moment for an upward correction towards the Moving Averages.
Galya Svetlova
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Is gold ready to shoot up?
Gold price formed a bearish harmonic ‘Butterfly’ pattern. Still, the detour to $1760 may be the decline it forecasts. In addition, even the pattern allows expecting the increase up to $1780.
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