EUR/USD: consolidation along the 34 MA
The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern, which pushed the price to resistance at 1.1425.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: time to rebound?
EUR/USD is currently trading inside a strong demand zone that has been established by our Fibonacci’s projections…
EUR/USD: time to rebound?
EUR/USD is currently trading inside a strong demand zone that has been established by our Fibonacci’s projections…
CAD/CHF reached buy target 0.7500
CAD/CHF reached buy target 0…
EUR/CAD broke support zone
EUR/CAD broke support zone Next sell target - 1…
EUR/USD: developing ending diagonal
Wave (iv) took the form of a double zigzag. Therefore, the market is likely going to form another zigzag.
USD/JPY: bullish "Harami"
We've got a bullish "Harami", which has been formed on the lower "Window". So, the pair is likely going to test the upper "Window".
EUR/USD: bearish "Three Methods" pattern
The 144 MA acted as support, so there's an "Engulfing" pattern, which hasn't been confirmed yet. In this case, bulls are likely going to...
GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
EUR/USD: "V-Bottom" pattern
There's a "Thorn" pattern, which has been formed on the 89 Moving Average. In this case, the market is likely going to...
GBP/USD: pound is at a stalemate
On the GBP/USD daily chart, the pound is at a stalemate…
NZD/USD: kiwi woke up the Shark
On the NZD/USD daily chart, Bears failed to keep quotes below the support at 0…
