Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

NZD/USD: the kiwi will rise
NZD/USD: the kiwi will rise

On a daily chart of NZD/USD, the pair reached convergence zone between 0.6870-0.69 (the 161.8% and 113% targets on the “Crab” and “Shark” patterns).

USD/JPY: sell the USD
USD/JPY: sell the USD

 On a daily chart of USD/JPY, bears could not move the pair out of the upward channel and create a combination of “Three Indians” and 1-2-3 patterns. 

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