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GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1), W Tenkan-Sen provided support again; D Tenkan-Sen and D Kijun-Sen are still influenced by D “Golden Cross” (3).
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At the H4 chart of EUR USD, bearish Doji pattern indicates a descending movement.
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After two days of significant sales, the AUD/USD pair got stabilized on Wednesday.
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Possibly, the EUR/USD pair started a new ascending correction.
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The EUR/USD pair has reached new lows and returned to the center of the consolidation range.
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At the H4 chart, the EUR/USD pair finished the descending impulse in the wave [i].
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The main currency pair is falling a little bit on Wednesday afternoon in anticipation of important news.
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The EUR/USD pair is still consolidating below the H4 Super Trend.
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The GBP/USD pair has expanded its consolidation range to the upside.
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After rebounding from the group of fibo-levels several times, the EUR/USD pair may start a new ascending correction.
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In case of the EUR/USD pair, the price is starting the correctional wave [ii].
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GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); D Tenkan-Sen provided resistance.
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At the H4 chart of EUR USD, the sideways correction between the Windows continues. https://www.roboforex.com/uploads/roboforecast/roboforex.com/99/analytics/april2017/06/0604eurusdh4.png
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The EUR/USD is falling on Thursday afternoon after Mario Draghi’s press conference.
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After a short pause, the USD/JPY pair is falling again and trying to update its six months’ lows.
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