Tag - forex signals

On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.

On a daily chart of EUR/USD, the pair managed to break the support at 1.1430, which activated “Shark” and AB=CD patterns.

On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.

Since the beginning of 2018, the Australian dollar has depreciated by 6-8% against major counterparts.

On the daily chart of EUR/JPY, bears managed to pull the pair back to the medium term downward channel and implement the “Shark” pattern.

On the daily chart of USD/JPY, bears have been testing the bottom line of the upward channel.

On the daily chart of USD/CHF, the pair has been reaching targets of the reversed “Shark” pattern with the 113% target.

On the daily chart of GBP/USD, the pair reached targets of senior and junior 1-2-3 patterns, as a result, the pair came back to the downward channel.

Traders like central bank meetings as they drive markets a lot.

On the daily chart of USD/CAD, the pair keeps reaching targets of  “Shark” and “Wolfe waves” patterns.

On the daily chart of XAU/USD, the pair keeps reaching targets of “Dragon” and “Crab” patterns.

Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…