EUR/USD: broken "Triangle" pattern
It's likely to have a bullish correction in the coming hours. Meanwhile, if a pullback from the closest resistance happens...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/MXN facing key resistance at 18.73
The USD/MXN pair remains trading above the 200 SMA and it’s approaching a key offer zone, which should activate sell orders in a short-term basis…
NZD/CHF falling inside minor corrective wave 2
NZD/CHF falling inside minor corrective wave 2 Next sell target - 0…
NZD/JPY falling inside the C-wave
NZD/JPY falling inside the C-wave Next sell target - 77…
USD/JPY: bearish "Three Methods" pattern
We're likely going to have a downward correction in the short term. However, if any bullish pattern forms little later on...
EUR/USD: MA acting as resistance
The last bearish "Engulfing" pattern is still on the table. In this case, if a pullback from the nearest resistance area happens...
GBP/USD: bears faced with support
It's likely to have a bullish price movement in the direction of the nearest resistance at 1.4011 - 1.4048 in the coming hours...
EUR/USD: local "V-Bottom" pattern
The pair is likely going to test the nearest resistance at 1.2355. If we have a pullback from this level, bears will probably try to...
USD/TRY with a strong resistance placed at 3.795
USD/TRY is currently moving in a sideways range, but still it’s being favored by the bears amid a broad-based weakness seen in the US Dollar…
EUR/CHF reversed from support trendline
EUR/CHF reversed from support trendline Next buy target - 1…
NZD/CAD reversed from support area
NZD/CAD reversed from support area Next buy target - 0…
USD/JPY: 21 & 34 MA acted as resistance
The pair is likely going to test the 21 MA once again. If a pullback from this line happens little later on...
