Technical analysis of EURUSD
GOLD: 'Doji' and 'Tower' patterns
Information is not investment advice
The lower 'Window' has acted as support, so there're the 'Doji' and 'Tower' patterns. It's likely that the price is going to test the nearest resistance at 1312.93. The subsequent pullback from this level could lead to another decline in the direction of the 89 and 144 Moving Averages (1268.21).
EUR/USD spiked down to the September low in the 1.0930 but failed to stay there and closed around 1.1060 on Thursday.
When looking for pairs to trade to benefit from today’s meeting of the European Central Bank, pay attention to EUR/NZD
CHF/JPY formed a “bullish engulfing” pattern on the W1.