GBP/USD could gather demand soon
GBP/USD has been riding a bearish sequence in the short-term, according to our H1 chart projection…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: broken "Window"
We've got a new local low, but there isn't any reversal pattern so far. So, bears are likely going to test the "Window's" lower side.
EUR/USD: consolidation in a tiny range
There's a bearish correction. The last bullish "High Wave" pattern hasn't been confirmed yet, so...
USD/CAD: bears are gathering strength
On the daily chart, USD/CAD left the downtrend channel…
GBP/USD: bullish "Thorn"
There's a "Double Bottom", so the price is rising. The main target is the nearest resistance at 1.3069 and the 55 MA.
EUR/USD: "Pennant" pattern
Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.
EUR/NZD towards the 1.6115 area in the short-term
EUR/NZD has been consolidating above the 200 SMA, gaining momentum across the board and looks forward to duplicating a cycle started from the last week of June, until the second week of July…
NZD/USD broke support level 0.7340
NZD/USD broke support level 0…
NZD/JPY reversed from resistance area
NZD/JPY reversed from resistance area Next sell target - 80…
USD/JPY: support by "Window"
There isn't any reversal pattern so far, so all the last candles are bearish. Moreover, there's a "High Wave" pattern, which...
EUR/USD: "Harami" pattern
The price is consolidating between the 34 & 55 MA. Also, there isn't any reversal pattern so far. In this case...
GBP/USD: bearish "Flag" pattern
The price is consolidating under the broken downtrend. The 89 Moving Average is acting as support, but bears are likely going to...
