EUR/USD. An increase in the wave of 4 final diagonal triangle is expected.
the price reached the lower forming the alleged converging final diagonal triangle. Thus, the formation of the wave 3 of this model can be considered complete.
EUR/USD: Currency couple can update the local minimum
Four -hour EUR/USD schedule. The currency pair could not overcome the resistance on the line of the daytime super -trend. The price resumed the movement down.
Today\’s down, tomorrow up?
Events, which should be paid attention to today:
21.00 Moscow time. USA: a meeting of the US Federal Reserve.
GBPUSD:
Today, the US Federal Reserve FRS will announce the results of its meeting on credit and money policy, and tomorrow the Bank of England will issue a similar verdict.
EUR/USD: Currency couple can continue moving in the sidewall (3/8 – 5/8)
Four -hour EUR/USD schedule. On Friday, the currency pair tried to overcome the main level of support/resistance (4/8), but met strong resistance on the line of daytime super -trend and resumed the downward movement.
GBP/USD: Currency couple can resume upward movement
Four -hour GBP/USD schedule. On Friday, the currency couple continued the decline and tested the reversal level (1/8). The price could not gain a foothold above the line of the four -hour super -trend and confirm the possible development of a reversal pattern with a goal at the main level of support/resistance (4/8).