The counter has formed a head and shoulder pattern. It has broken out of the neckline with a strong bearish candle. Hence, we expect the pair to be bearish in the near-term.
The EUR/GBP pair is currently in a downtrend forming an Elliot wave. It has completed its third and fourth wave, and resumed its fifth wave. It has broken off a bearish flag pattern. Hence we expect the pair to bearish in the short-term.
The counter has formed a head and shoulder pattern. It has broken out of the neckline with a strong bearish candle. Hence, we expect the pair to be bearish in the near-term.
The counter is in a short-term bear cycle. It has completed its waves 1 and 2 and currently constructing its wave 3. It has also broken a critical price action support level & re-tested it. Hence we expect the pair to be bearish for the short term.
USD/CHF is in a sideways movement in the 4-hour charts. It is currently at its lower end of the range and has formed a bullish rejection candle. Hence we expect the pair to move to its upper end of the sideways range.
The Brexit deal anticipation is pushed the GBP futures higher across the board. However, it consolidated in a narrow range, which could be interpreted as a bullish continuation pattern, technically. Further, the wave analysis interprets it as a wave 4 and wave 5 is due. So, we expect the counter to buoy with positive vibes and climb up to complete wave 5.
The counter has broken down from a rising wedge formation. It has also retested the broken trend line & formed a rejection candle at the resistance. Hence, we expect the pair to be bearish in the short-term.
The counter has formed an inverted head and shoulder pattern. It has broken out of the neckline with a strong bullish candle. Hence, we expect the pair to be bullish in the near-term.
The CHF/JPY pair is currently trading in a descending channel formation. Also, the counter broke a critical price resistance of 109.368. Hence, we expect the pair to move higher from here.
The counter has formed a double bottom pattern. It has also crossed the critical resistance level of 0.68315. Hence we expect the pair to be bullish further from here.
The counter is currently in a short-term correction It has also broken down a critical support level of 1.10021 Further, the broken support could act as a resistance which caps upside movements. Hence, we expect the pair to be bearish in the short-term.
The counter is currently in a tight range of 1.6210-1.6310. It has hit the upper end of the range and is coming down sharply. Further, it broke the support of 1.62729. Hence, we expect the pair to be bearish in the near-term.
The counter is currently in a short-term correction. It has completed its wave B and wave C is due. Further, the price action is currently Consolidating above the support 1.46142. Hence, we expect the pair to be bullish in the near-term and to complete the correction.
The counter has broken down after a deep consolidation The critical broken support level of 0.67700 is set to cap the bulls. Hence, we expect the pair to be bearish in the short-term.
The counter is currently in a descending channel pattern Further, it is at the confluence of multiple support of channel trend line coincides with price action support Hence, we expect the pair to be bullish in the short-term.
The counter is currently in a long-term corrective phase. The critical support of 2.00101 has been broken recently and it was tested with a pullback as well. Hence, we expect the counter to be bearish further from here.
The CAD/CHF is currently in a descending channel formation in the hourly chart It has also broken critical support as well Hence, the pair is set to make a bearish move from here.
The counter is currently in a confluence of resistance points It faced rejections at the strong resistance coincides with bearish flag trend line We expect these trend lines to exert further selling pressure and push down the price to the supportive trend line in the short-term.