The main intraday target is the next support at 1.1237. The subsequent pullback from this level could be a starting point for...
Tag - eur
The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.
On the daily chart of EUR/USD, there is a transformation of the "Shark" pattern into 5-0.
On the daily chart of EUR/GBP, after implementation of the "Wolfe Waves" and "Shark" (88.6%) patterns, there is a correction as a part of the "Shark" pattern's transformation into 5-0.
The price is likely going to test the closest resistance at 1.1416. The subsequent pullback from this area could lead to a decline...
Find out the trade opportunities for today ahead of the ECB meeting! Read the news!
Watch and find out how to trade EUR/USD and GBP/USD ahead of the ECB statement!
On the daily chart of EUR/JPY, the consolidation as a part of the "Broadening Wedge" and "Shark" patterns' implementation continues.
The European Central bank will have a press conference at 15:30 MT time on December 13.
Find out the best trading opportunities for today!
If a pullback from the nearest resistance happens next, bears are likely going to test the next support at 1.1283...
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time