GBP/USD: 'Pennant' points to another decline
We should keep an eye on the next support at 3177 - 1.3150 as an intraday target. If a pullback from this area happens next...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bearish 'Flag' pattern
The market is likely going to test the next support at 1.1509 - 1.1478 in the short term. A pullback from this area could be...
AUD/CHF broke support zone
AUD/CHF broke support zone Next sell target - 0…
AUD/JPY falling inside intermediate impulse wave (3)
AUD/JPY falling inside intermediate impulse wave (3) Next sell target -81…
USD/JPY: confirmed bearish 'Engulfing'
The pair is likely going to test the upper 'Window' (110.99) once again. If a pullback from this level happens little later on...
EUR/USD: market to test nearest resistance
There's an 'Inverted Hammer', so the market is likely going to test the nearest resistance at 1.1674. A pullback from this level could...
GBP/USD: market to test closest resistance
The last 'Double Top' led to the current decline. Meanwhile, it's likely to have an upward correction towards the nearest resistance...
EUR/USD: pair plunged because of 'Double Top'
Bears faced with support at 1.1553, so the market is likely going to test the nearest resistance at 1.1623 -1.1653...
AUD/USD: bears are stronger
On the daily chart of AUD/USD, the pair couldn’t stick above the upper boundary of the downward channel that signals a bulls’ weakness.
CAD/JPY reversed from resistance zone
CAD/JPY reversed from resistance zone Next sell target - 83…
EUR/NZD reversed from support area
EUR/NZD reversed from support area Next buy target - 1…
USD/JPY: bearish 'Engulfing'
The pair is likely going to reach the nearest support at 110.17. A pullback from this level could be a departure point for a bullish rally...
