Resistance: 1.2955 strong / 1.2995 moderate / 1.3049 minor
Support: 1.2902 moderate / 1.2862 minor / 1.2809 minor
The Hourly EURUSD chart is in a bear market with a medium credibility Bullish Engulfing suggesting we look for a turn-around. Consider buys off the immediate support 1.2902, or on a bullish confirmation. A stop loss should be placed just below 1.2902 while the immediate target is 1.2955. A close above 1.2955 will have us looking for a rally to 1.2995.
Resistance: 1.6001 moderate / 1.6029 strong / 1.6048 moderate
Support: 1.5981 minor / 1.5954 minor
We have a moderate bullish reversal pattern, Bullish Engulfing in Hourly GBPUSD charts. With prices just above a minor support we risk a technical correction for 1.6001 a moderate resistance break of which opens up 1.6029, the Pivot Point. Consider buys following a confirming candlestick with stops just under 1.5981 or the patterns low.
Resistance: 0.8229 moderate / 0.8256 minor / 0.8274 minor
Support: 0.8211 strong / 0.8183 moderate / 0.8165 minor
NZDUSD has a high credibility bullish pattern Three Outside Up in Hourly charts. With prices just above a strong support 0.8211, the Pivot Point, aggressive buys may be taken with a stop loss just under the said price, or below the pattern low whichever is lower. Our price target will be 0.8229 break of which open us to a run for 0.8256 and a possible uptrend.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices