The review of the pairs EURUSD, GBPUSD, USDJPY on June 19, 2020, on the Forex
Published : 23.06.2020 376 13:37
The daily chart: a downward swing tested the 11th figure, closing below the previous session. This preserves the bears' chances to continue pressure, but at any moment a turn up is possible. The reasons are the wide pivot zone 1.1183-1.1240, plus the need to "go" to the proposal area 1.1382 as the part of the O&U pattern development.
Н1: the local structure has turn-up signs - the bottom has been raised significantly, and the last ...
The review of the pairs EURUSD, GBPUSD, USDJPY on June 18, 2020, on the Forex
Published : 23.06.2020 296 13:29
The daily chart: the bear swing updated the low. However, the bullish inside bar breakdown down turned out to be false. Thus, a corrective upward swing likelihood development remains, which, as we recall, needs to test zones 1.1382 before a full turn down. After all, this is where the entrance to the bearish O&U pattern is located.
Н1: the local structure still retains a downward character, and, as we see, the upward correct...
The review of the pairs EURUSD, GBPUSD, USDJPY on June 17, 2020, on the Forex
Published : 23.06.2020 126 13:12
The daily chart: upward swing was not completed, plus the entry into the sales area was not tested as part of the O&U bear pattern (1.1383). Thus, the probability of a price return to this area will remain.
Н1: the local structure also has the upward trend signs - the peak is broken in zone 1.1272, and the market is now in a trend stage. Thus, the moving up probability in the 1.1324 and 1.1352 direction is very high.