EUR/JPY is very close to end the mid-term flag, which is a trend continuation pattern of the main long-term up trend. Along with the upper line of this formation, for the buy signal, the price has to also break the horizontal resistance on the 129.4. Chances for that are pretty high.
EUR/GBP broke the horizontal resistance on the 0.883 and later, defended that as a support. The sentiment is positive as long as we stay above the grey area. Breakout of the green dynamic resistance should give us a proper buy signal.
S&P 500 created an inverse head and shoulders pattern on the lower line of the flag/ channel up formation. Breakout of the horizontal neckline (green area), should give us a nice buy signal.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.