Technical analysis of EURUSD
USD/JPY: market still moving sideways
Information is not investment advice
The market is still moving sideways. There's a bullish 'Doji' pattern, which has been confirmed. Thus, the pair is likely going to test the upper 'Window' (112.54). The subsequent pullback from this level could be a starting point for a downward correction in the direction of the lower 'Window' (109.38).
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.