EUR / USD: move down continues
Four-hour EUR / USD Couple Schedule. The currency pair remains under pressure and continues to move down. The currency pair overcame the level (2/8) and the next target for the bears is a reversal level (1/8).
EUR / USD. The decrease in the fifth wave of impulse will continue.
After a sharp burst of activity from buyers, the price began to crawl down again. This nature of the movement was expecting.
GBPUSD, mark promising zones for sales
Daily chart: The lower band of the Bollinger has significantly sank compared to yesterday’s trading session, and is now at 1.3007.
USDJPY, turn down
Daily chart: Couple tests a medium-term resistance area 116.01-116.10, from where, with a high probability, we will see the reversal of the market down: There is a top border of the Bollinger envelopes, and the ADX trend potential required for breakdown is not achieved.
GBP / USD: The currency pair is trying to exit oversold
Four-hour GBP / USD Schedule. The currency pair remains in the field of oversold. At the same time, buyers strengthen the upward pressure on the level (0/8), which limits the output of the price from the oversold area.