Forex Analytics

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); D Tenkan-Sen and D Kijun-Sen are very close to each other, they may intersect and form D “Golden Cross”.

At the H4 chart of EUR USD, bullish Hammer pattern indicates an ascending movement.

After finishing the local correction, the EUR/USD pair resumed moving upwards.

On Friday, the USD/JPY pair is trading to the upside after ten consecutive trading sessions of decline.

The EUR/USD pair rebounded from the H4 Super Trend.

The EUR/USD pair has failed to continue growing according to an alternative scenario and right now is trading to break the low of the first descending impulse.

After finishing the double zigzag in the wave [x], the USD/JPY pair started falling in the wave (a).

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1); D Tenkan-Sen and D Kijun-Sen are intersecting and forming D “Golden Cross”; all lines are directed to the upside.

The EUR/USD pair reached the group of local fibo-levels and right now is trading above the Friday’s high.

At the H4 chart of EUR USD, bullish Hammer pattern and a new Window indicated that the ascending tendency continues.

The EUR/USD pair reached the 6/8 level and may start a new descending correction.

The USD/CHF pair has completed the ascending impulse along with the correction and right now is growing inside the third wave with the local target at 0.9979.

The main currency pair continues moving to the upside on Monday; the market is against the USD.

It looks like the EUR/USD pair is about to complete the wave 2 in the form of the double zigzag.

The EUR/USD pair is still consolidating near the group of several local fibo-levels.