EUR/USD: "Triple Bottom" pattern
Bears faced with support at 1.1767, so there's a bullish "V-Bottom" pattern, which pushed the price to the nearest resistance at 1.1836...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
CAD/CHF rising inside minor impulse wave (iii)
CAD/CHF rising inside minor impulse wave (iii) Next buy target - 0…
GBP/NZD rising inside minor impulse wave 3
GBP/NZD rising inside minor impulse wave 3 Next buy target - 1…
EUR/USD: "High Wave" pattern
There isn't any bullish pattern, so the 55 MA is likely going to act as support. If a pullback from this line happens...
USD/JPY: "Hammer" stopped bearish rally
Considering yesterday's "Engulfing", the market is likely going to continue moving up towards the Moving Averages in the short term...
EUR/USD: 6/8 MM Level acted as resistance
The price is declining in wave (iv). If a pullback from the 34 Moving Average happens during the day...
GBP/USD: "Thorn" pattern
The main intraday target is the nearest support at 1.3150 - 1.3109. If a pullback from this area happens little later on...
EUR/USD: "Double Top" pattern
The market faced with support at 1.1767, so the price is consolidating. In this case, we could have an...
EUR/AUD broke resistance zone
EUR/AUD broke resistance zone Next buy target - 1…
AUD/CHF rising inside minor C-wave
AUD/CHF rising inside minor C-wave Next sell target - 0…
USD/JPY looking to retrace 50%
USD/JPY has been strongly bearish across the board, looking to test new lows…
EUR/USD: price couldn't fixate below 8/8 MM Level
There's developing wave 5 of (C). Previously, we had an extension in wave 3. Therefore, the last high is likely going to be broken soon...
