Yesterday EURUSD made a small stop below the 1.1860 resistance and today buyers performed an attack. It seems successful as the price went much higher but for the final outcome we need to wait till the end of the day. Nonetheless, the sentiment stays positive and with the new mid-term highs that we made today, the recent buy signal has been confirmed.
Next occasion for the Black Friday on the Forex Market is the EURJPY, where two days ago the price broke an important mid-term support. The thing is that the sellers could not hold the price lower and currently we are above the support again. That creates a false breakout pattern, which in this case is a strong bullish sign.
GBPUSD after making a triangle, made a pennant and the wedge. All those formations were bullish and resulted with an upswing. The current sentiment is positive even despite the fact that we are still below the 1.333 resistance. Looking at the current price action, bullish breakout seems imminent.