Forex Analytics

On the H4-chart of EUR/USD the bullish trend continues, the bearish Tweezers pattern suggests a downside corretion while the middle Window acts as a support.

GBP USD, Time Frame H4. The "golden cross" (1) still influences the pair, the Ichimoku Cloud (2) is rising.

Admittedly, a double zigzag within the wave [a] or [w] has been completed.

The EUR/USD pair has rebounded from the 4/8 level and held under the Super Trend H4-line.

It is not improbable that the pair tests a group of Fibo-levels near 1.1350.

GBP USD, Time Frame H4. After Tenkan-Sen and Kijun-Sen merged (1), the "golden cross" has been influencing them until now; Ichimoku Cloud is raising (2).

The USD/JPY is rising moderately on Thursday; the Japanese Yen trades right in the middle of the middle-term channel.

On the H4-chart of EUR/USD there is a bullish trend; the Tweezers pattern suggested an upward direction, the upper Window acts as a resistance.

A double zigzag in the wave [a] or [w] has been completed already, and this opens a prospect for a bearish correction.

The EUR/USD pair has broken through the consolidation range from the bottom upwards and completed the correction pattern.

The EUR/USD is once again testing the Murray level 4/8.

Eventually, the pair has not managed to hold above the Fibo-levels achieved earlier.

Admittedly, the double zigzag within the wave [a] or [w] has been completed.

The EUR/USD keeps consolidating between the Murray levels.

GBP USD, Time Frame Н4. Tenkan-Sen and Kijun-Sen have diverged with a "dead cross" (1), Ichimoku Cloud is closed (2).