GBP/USD: "Exhaustion Gap"
The 55 Moving Average has acted as resistance, so we've got a "V-Top" pattern on this line. Therefore, bears are likely going to...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: "V-Top" pattern
The last "Pennant" has been broken, so bulls pushed the price higher. Also, we've got a "V-Top" pattern, so the price is consolidating.
USD/JPY looking to strengthen the bears
USD/JPY has been reading a bearish sequence across the board and currently, a sideways range has appeared in the scene, helping to cap further advances in the pair above the resistance level of 109…
EUR/JPY rising inside minor impulse wave 5
EUR/JPY rising inside minor impulse wave 5 Next buy target - 131…
CHF/JPY reversed from combined support zone
CHF/JPY reversed from combined support zone Next buy target - 115…
EUR/USD: bullish "Engulfing"
The 55 MA has acted as support, so we've got a bullish "Harami" on this line. However, there's also a "Shooting Star" pattern, so...
USD/JPY: 34 MA acted as resistance once again
The last bearish "Harami" hasn't been confirmed enough. so it seems like we could have just a local decline. So, we should...
EUR/USD: price still consolidating
There's a possible double zigzag pattern in wave (b), so we've got a bearish impulse in wave i. Therefore, we're likely going to...
GBP/USD: price going to test last low again
The price is consolidating between the levels 1.2768 - 1.2831. The main bearish target is the next support at 1.2768.
EUR/USD: bullish "Pennant"
The price is consolidating near support at 1.1801. Also, there's a "Pennant", so the market is likely going to move up towards...
AUD/CAD falling inside impulse waves (iii) and 3
AUD/CAD falling inside impulse waves (iii) and 3 Next sell target - 0…
NZD/CHF broke key support level 0.6970
NZD/CHF broke key support level 0…
