CAD/JPY on the way to reach 92.16 in a long-term basis
A strong demand zone has been found between 81…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/JPY reached buy target 85.50
AUD/JPY reached buy target 85…
EUR/USD broke strong resistance level 1.1360
EUR/USD broke strong resistance level 1…
USD/JPY: 34 Moving Average acted as support
The upper "Window" is acting as resistance, so we've got a bearish "Doji" pattern, which has been confirmed.
EUR/USD: bearish "Harami"
Bulls went through the "Window". Finally, an "Evening Star" formed, so there's an opportunity to have a local bearish correction.
![EUR/USD: wave (iii) of [v] may have been formed](/storage/article/1857/preview/2JHF1qCYhgbR0CHp_2560x600_q70.jpg)
EUR/USD: wave (iii) of [v] may have been formed
The price is still rising in wave C of (E). It seems like wave [v] of C is likely going to be continued. In this case, we should keep an eye on...
GBP/USD: confirmed "Double Top"
We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.
EUR/USD: local bearish "Thorn" pattern
The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...
GBP/USD could lose steam around 1.2860, resuming bearish bias
GBP/USD found a demand area between 1…
CHF/JPY broke powerful resistance level 115.15
CHF/JPY broke powerful resistance level 115…
CAD/JPY reached buy target 85.00
CAD/JPY reached buy target 85…
![EUR/USD: triangle in wave [B]](/storage/article/1838/preview/x0VeqeOEpLZtMM1S_2560x600_q70.jpg)
EUR/USD: triangle in wave [B]
There's a developing impulse in wave C of (E). The main bullish target is +1/8 MM Level, which could be a departure point for an impulse wave.
