Forex Analytics

The EUR/USD pair is still moving downwards.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); the lines are still influenced by D “Golden Cross” (3).

The EUR/USD pair continues forming the wave [iii].

At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicates a descending movement.

Super Trends formed “bearish cross” and the market continued its decline, which was stopped by the 5/8 level.

Being under pressure, the GBP/USD pair is moving downwards.

With the fundamental background being neutral on Wednesday morning, the AUD/USD pair is moving to the upside.

On Wednesday, the GBP/USD pair is moving downwards; investors are analyzing reports on the employment.

The main currency pair is moving under pressure on Thursday afternoon; the market is analyzing the USA FOMC Meeting Minutes.

The EUR/USD pair has reached the target of the descending wave and right now is forming a new ascending impulse.

Probably, after finishing the impulse in the wave [i] and the correctional wave [ii], the EUR/USD pair started forming the wave [iii].

The EUR/USD pair is being corrected to the upside.

The EUR/USD pair rebounded from the 4/8 level and started a new ascending correction.

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud (1); the lines are still influenced by D “Dead Cross” (3).

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