GBP/USD: the pound strengthens
On the daily chart of GBP/USD, bulls try to push the pair back within the triangle's borders and implement the "Wolfe Waves" pattern.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/NZD: trade opportunities
GBP/NZD has been correcting up since the middle of December.
USD/CAD: the loonie plans the reversal
On the daily chart of USD/CAD, bulls managed to reach the 127.2% and 88.6% targets of the AB=CD and "Bat" patterns.
Gold is in demand
As long as XAU/USD is trading above 1235, it has a strong chance of strengthening to 1300 and 1320 in the medium term.
USD/JPY is testing support
USD/JPY made a big break down last week and fell until it got supported by 100-week MA at 111.00.
AUD/USD: bulls push the pair up
On the daily chart of AUD/USD, the 88.6% target of the "Shark" pattern was reached.
Brent may fall to $50
Brent fell below 56.80 last week (50% Fibonacci retracement of the 2016-2018 advance; 200-week MA, 50-month MA).
NZD/USD: the kiwi is getting stronger
On the daily chart of NZD/USD, bears managed to pull the pair down due to the "Three Indians" pattern's implementation.
Short-term trades for NZD/USD
NZD/USD is testing support of the short-term range between 0.6790 and 0.6760.
EUR/USD: the euro is rising
On the daily chart of EUR/USD, there is the implementation of the "Three Indians" and "Spike and Ledge" patterns' combination based on the 1-2-3 one.
EUR/GBP: bulls restore the trend
On the daily chart of EUR/GBP, the reversal towards the 23.6% target of the CD wave as a part of the "Shark" pattern's transformation into the 5-0 one helped to open long positions.
How to trade BTC/USD?
BTC/USD rebounded from the 200-week MA at 3212.
