EURUSD charts. What’s next?

posted by genuinelyFX at 04/22/2015 - 20:14 GMT

This is what we expect next, if yesterday’s doji candle holds.

EURUSD daily data


Basically, pound got ahead. It broke previous highs.

EURUSD vs GBPUSD daily data


So did loonie.

EURUSD vs USDCAD (inverted) daily data


Beautiful analogy with a 2012 pattern. We still need to keep 1.0650 intact.

EURUSD hourly data


And all because of this. This is important, it should trigger a move to 1.15 at least.

EURUSD daily data