USD/JPY
4 hour
The USD/JPY uptrend failed to break above the resistance and previous top at 110, which could indicate a potential double bottom reversal chart pattern. The bearish bounce could confirm a larger ABC (blue) correction if price manages to break below the supp
...USD/JPY
4 hour
The USD/JPY is in an uptrend channel and price has recently broken above the resistance trend line (dotted orange) but price is struggling to break above the previous top at 110. A bullish break above the previous high could indicate a continuation of the
EUR/USD
4 hour
The EUR/USD downtrend continued yesterday with one more lower low within wave 3 (green). The bearish momentum could be aiming at 1.17-1.18 support zone before a larger correction within a wave 4 (green) could take place. Price remains however in a downtrend
...EUR/USD
4 hour
The EUR/USD is unable the break above the resistance lines (orange and red) of the downtrend channel. A bearish continuation could send price lower towards the Fibonacci targets of wave 3 (blue) around 1.17-1.18. A bullish breakout above the resistance zone
...GBP/USD
4 hour
The GBP/USD is making a bullish bounce after failing to break below the support trend line (blue). The trend however remains bearish and the current rally could only be a retracement. Price action stays bearish as long as price remains below the resistance
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