On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Tag - usd
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The US dollar started playing the role of a safe haven
On the daily chart, EUR/USD keeps consolidating in the 1.1515-1.1815 range. Bulls keep hoping to form a “Dragon” and a “Crab”.
On the daily chart of USD/JPY, bulls managed to conquer diagonal resistance in the form of the upper border of the downtrend channel and lead the pair in the empty area.
On the daily chart, GBP/USD is trying to correct with the help of a “Three Indians” pattern from the area of 88.6% of the “Double top”.
On the daily chart, USD/CHF keeps consolidating in the 0.9855-0.9995 range in line with the “Spike and ledge” pattern.
On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.
Do you want to get clues on the upcoming economic events?
The USD index declined last week…
On the daily chart of AUD/USD, bulls managed to counterattack and trigger the “Shark” pattern.
On the daily chart, NZD/USD reached 161.8% target of AB=CD and then pulled back.