EUR/USD: "Shooting Star" and "Engulfing"
There are a "Shooting Star" and a "Harami". Considering confirmation of these patterns, bears are likely going to...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Gold is returning home
On the daily chart, after the false break of the neckline of the “Head and shoulders” pattern and successful test of $1255 bulls are trying to return the price inside the previous uptrend channel…
GBP/USD: market will rise even higher
There's a "V-Top" pattern, which led to consolidation. Therefore, the pair is likely going to decline towards the closest support.
EUR/USD: confirmed "V-Top" pattern
Bulls faced resistance at 1.1757, so we've got a "V-Top" pattern, which pushed the price lower. So, the market is likely going to...
USD/JPY on the way to resume the bearish bias
USD/JPY found strong resistance around 112…
AUD/CHF rising inside minor impulse wave (iii)
AUD/CHF rising inside minor impulse wave (iii) Next buy target - 0…
EUR/USD reached buy target 1.1700
EUR/USD reached buy target 1…
EUR/USD: price fixated under 7/8 MM Level
The last triangle in wave (iv) led to form wave (v) of [v]. Also, we've got bearish wave (i). It seems like wave (ii) is about to end, so...
USD/JPY: bearish "Harami"
The last bullish "Three Methods" pushed the price to the 144 Moving Average. At the same time, there's a bearish "High Wave", but...
EUR/USD: 55 MA acted as support
We've got a bearish "Engulfing", which has been confirmed enough. So, the market is likely going to test the 34 Moving Average.
GBP/USD: market going test next support
The price is consolidating. Also, we've got a "V-Top" pattern, so the market is likely going to test the 34 Moving Average in the short term.
EUR/USD: "V-Top" pattern
Bulls faced resistance at 1.1712, so we've got a "V-Top" pattern, which has been confirmed. Therefore, the market is likely going to...
