EUR/GBP broke key resistance level 0.8860
EUR/GBP broke key resistance level 0…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: bulls going to test nearest resistance
There's a "Shooting Star", but a confirmation of this pattern is a quite weak. So, we could have a local downward correction and...
EUR/USD: "Engulfing" at the local low
There's a bearish "Tower" pattern, which has been confirmed enough. Therefore, the market is likely going to decline towards the 55 MA.
EUR/USD: couple of pullbacks from 3/8 MM Level
It seems like we've got several first waves on the one-hour chart. Therefore, there's an opportunity to have an extension in wave iii of (iii).
GBP/USD: "Double Bottom" pattern
Bears faced support on the 55 MA, so we've got a "V-Bottom" pattern, which has been confirmed. In this case, bulls are likely going to...
EUR/USD: developing bullish pattern
There's a consolidation, which is taking place along the 55 Moving Average. Also, we've got a bullish "Flag" pattern, so the pair is...
AUD/USD: Bulls don’t believe in their strength
On the AUD/USD daily chart, there is a consolidation in the range of 0…
USD/CAD: Bears prepare traps
On the USD/CAD daily chart, target 113% of the Shark pattern has been fulfilled…
GBP/AUD inside a strong sell zone
GBP/AUD managed to reach the 200 SMA at H4 chart, but it was sold-off in a supply zone established by our Fibonacci projections…
CAD/CHF reached buy target 0.7500
CAD/CHF reached buy target 0…
AUD/CHF rising inside minor impulse wave 3
AUD/CHF rising inside minor impulse wave 3 Next buy target - 0…
USD/JPY: there isn't any reversal pattern so far
Bulls faced a resistance area, but we still don't have any bearish pattern. So, we could have the price a little bit higher in the coming hours.
