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EURUSD denies the major sell signal. EURGBP already with a bullish sentiment.

By Alpari Research & Analysis (Tomasz Wiśniewski)ForexNov 14, 2017 06:42AM ET
www.investing.com/analysis/eurusd-denies-the-major-sell-signal-eurgbp-already-with-a-bullish-sentiment-200264857
EURUSD denies the major sell signal. EURGBP already with a bullish sentiment.
By Alpari Research & Analysis (Tomasz Wiśniewski)   |  Nov 14, 2017 06:42AM ET
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EURGBP bounces from the ultra important support on the 0.875 and aims higher breaking the mid-term down trendline and coming back above the long-term up trendline. That should be perceived as bullish and the potential target for this movement is on the 0.902


EURUSD denies the huge head and shoulders pattern and after drawing the double bottom formation comes back above the neckline. That is bullish but for the buy signal we need to see the breakout of the upper line of the flag formation.


NZDSGD bounces from the 0.947 resistance and breaks the lower line of the wedge. That triggers a sell signal with the potential target on the 0.914, where are the lows from the end of the 2015 and the beginning of the 2016.
EURUSD denies the major sell signal. EURGBP already with a bullish sentiment.
 
EURUSD denies the major sell signal. EURGBP already with a bullish sentiment.

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