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EURUSD, “Euro vs US Dollar” EURUSD has left the borders of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0900 is expected, followed by a decline to 1.0660. An additional signal confirming the decline will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern next to the support level on H4. The instrument could now go by the reversal signal in an ascending wave. The growth target might be the resistance level at 1.0950. However, the quotes could correct to the 1.0825 level and continue the uptrend […]
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TitleNZDUSD H4 | Bearish reversal off pivot TypeBearish Reversal Preference: Price has reversed from the pivot point at 0.60948 to drop lower. Could momentum carry price down to its 1st support at 0.60354? Alternative scenario:If price were to move above the pivot point, it could reach the 1st resistance at 0.61253. To discuss this trading […]