
EUR/USD Forming Minor Parabolic Wedge Top
o Bear bar after three small legs up in tight bull channel, so parabolic wedge top. o Bears hope this is end of leg up in bear channel that began on Jan. 6, and want breakout below […]
o Bear bar after three small legs up in tight bull channel, so parabolic wedge top. o Bears hope this is end of leg up in bear channel that began on Jan. 6, and want breakout below […]
EUR/USD Rate Talking Points EUR/USD climbs back above the 200-Day SMA (1.1883) as the European Central Bank (ECB) scales back the pace of the pandemic emergency purchase programme (PEPP) for the second consecutive week, with […]
is currently experiencing a possible micro double top in a 4-month bear channel. Following the wedge bottom, the 2nd leg up is likely. If there is a selloff, it will probably only last a few days, and […]
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