EURUSD, “Euro vs US Dollar”
On H4, near the resistance level, EURUSD has formed a Harami reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The decrease target could be 1.0695. However, the price might correct to 1.0770 and continue the downtrend after testing the resistance.
![EURUSD](/upload/content/medium/EURUSDH4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
USDJPY, “US Dollar vs Japanese Yen”
On H4, USDJPY has formed a Shooting Star reversal pattern. Currently, the instrument might go by the reversal signal in a descending wave. The correction target could be 138.95. However, the price might rise to 140.40 and continue the uptrend without pulling back to the support.
![USDJPY](/upload/content/medium/USDJPYH4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
EURGBP, “Euro vs Great Britain Pound”
On H4, EURGBP has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The decrease target could be 0.8655. Upon testing and breaking it, the price could continue the downtrend. However, the quotes could correct to 0.8710 before falling.
![EURGBP](/upload/content/medium/EURGBPH4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)