CAD/CHF still remains in favor of the bears
CAD/CHF is recovering from October 25th lows and remains below the 200 SMA at H1 chart…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
CAD/JPY broke support zone
CAD/JPY broke support zone Next sell target - 87…
USD/JPY reversed from multi-month resistance level 114.40
USD/JPY reversed from multi-month resistance level 114…
USD/JPY: 89 Moving Average acting as support
We've got a "Hammer" and a "Tweezers" on this line. However, confirmation of these patterns is a quite weak, so...
EUR/USD: "Inverted Hammer" pattern
There're bullish patterns such a "High Wave" and an "Engulfing", which both have been formed at the local low...
EUR/USD: +1/8 MM Level acted as resistance
There's an opportunity to have bearish wave 3. The main target for the coming days is 6/8 MM Level...
GBP/USD: 34 Moving Average acts as resistance
Bears are likely going to reach the nearest support at 1.3109 - 1.3087 during the day. This area could be a departure point for...
EUR/USD: "V-Bottom" pattern
The market is likely going to achieve the next resistance at 1.1668 - 1.1695. If a pullback from this area happens...
GBP/JPY trading inside a strong pivot area
GBP/JPY is currently facing a dynamic support around the 200 SMA at H1 chart and trades inside a demand zone established by our Fibonacci projections…
EUR/USD broke strong support area
EUR/USD broke strong support area Next sell target - 1…
NZD/CAD reversed from support zone
NZD/CAD reversed from support zone Next buy target - 0…
USD/JPY: bullish "Doji"
The price reached the nearest resistance, but there isn't any reversal pattern so far. So, bulls are likely going to...
