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Bearish reversal pattern on the EUR/CHF daily chart

A retracement into the gains of the previous day's gains morphed into a Dark Cloud Cover pattern adding more bearish sentiment to the EUR/CHF daily chart.

This pattern portends a potential resistance zone and an opportunity for traders to position themselves short with additional bearish confirmation: further downside follow through, a gap down, a long black candlestick or a high volume decline within the next one to three days.

EUR/USD: Near-term downside risks before rallying to 1.15 by year-end - Nomura

Analysts at Nomura came out with their latest report on the EUR/USD price-forecast, with the bank expecting the rate to rally to 1.15 by year-end, alt
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AUD/USD flashing a “Death Cross” signal

AUD/USD flashing a “Death Cross” signal
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