Tag - forex signals

EUR/GBP: bulls restore the trend
EUR/GBP: bulls restore the trend

On the daily chart of EUR/GBP, the reversal towards the 23.6% target of the CD wave as a part of the "Shark" pattern's transformation into the 5-0 one helped to open long positions.

EUR/JPY: the EUR weakens
EUR/JPY: the EUR weakens

On the daily chart of EUR/JPY, the implementation of the "Broadening Wedge" pattern continues.

USD/JPY: sell the USD
USD/JPY: sell the USD

On the daily chart of USD/JPY, bears try to implement the combination of the "Three Indians" and "Spike and Ledge" reversal patterns based on the 1-2-3 one.

GBP/USD: the pound recovers
GBP/USD: the pound recovers

On the daily chart of GBP/USD, bulls try to push the pair back to the triangle's borders and the previous consolidation range between 1.27 and 1.33.

Trading plan for December 14
Trading plan for December 14

The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.

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