GBP/JPY broke key support level 147.30
GBP/JPY broke key support level 147…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/CAD targeting lower levels
It seems the GBP/CAD looks forward to resume the bearish bias in the short-term, as it has been correcting the cycle started from May 18th and now, we can expect another leg higher to re-test the Fibonacci level of 50% at 1…
USD/JPY: all the Moving Averages broken
There's no any reversal pattern so far, which means the price is going to continue falling down towards the closest support area...
EUR/USD: bearish 'Harami'
The market is likely going to continue declining in the direction of the next support area in the coming hours...
GBP/USD: price declining because of last 'V-Top'
We should keep an eye on the nearest support at 1.3300 - 1.3266 as the next bearish target...
EUR/USD: main trend is still bearish
There's a new local low because of the last 'V-Top'. So, it's likely that the market is going to test the nearest support...
GBP/NZD reversed from support zone
GBP/NZD reversed from support zone Next buy target - 1…
CHF/JPY broke resistance zone
CHF/JPY broke resistance zone Next buy target - 112…
US Dollar moving inside a corrective phase
US Dollar has been trading in a corrective phase across the board and it seems we can expect further consolidation below the 50 SMA at H1 chart…
GBP/USD: last bullish 'Pennant' has been broken
The 55 Moving Average acted as resistance. Therefore, we're going to have a bearish correction towards the closest support...
EUR/USD: confirmed 'Triple Bottom'
The price is rising. However, there's an opportunity to have a downward correction. In this case, if a pullback from the closest support...
USD/JPY: 'Inverted Hammer' on 34 Moving Average
The market is likely going to achieve the nearest resistance area. A pullback from it could be a departure point for a decline towards...
