GBP/USD: bulls going to deliver new local high
The price hasn't broken resistance at 1.2932, so bears are likely going to test support at 1.2887 in the coming hours.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bullish "Pennant"
The price has been consolidating under resistance at 1.1287. Also, we've got a "Pennant" pattern.
EUR/NZD reached sell target 1.5700
EUR/NZD reached sell target 1…
GBP/NZD reached sell target 1.8000
GBP/NZD reached sell target 1…
EUR/USD: developing impulse
Wave iv of (v) may have been ended, so we could have a new local high in the coming hours.
USD/JPY: local correction coming soon
The price reached the nearest "Window", so there's an opportunity to have a bullish pattern.
EUR/USD: resistance by the upper "Window"
We've got a bearish correction, which is taking place on the one-hour chart. However, there's a bullish "High Wave".
GBP/USD: broken "Triangle"
Bulls faced resistance at 1.2945, so the pair is likely going to achieve the closest support at 1.2901 in the short term.
EUR/USD: bulls pushing price higher
The price is consolidating between the nearest resistance at 1.1278 and the 34 Moving Average.
AUD/JPY reversed from support zone
AUD/JPY reversed from support zone Next buy target - 84…
NZD/CHF reversed from support zone
NZD/CHF reversed from support zone Next buy target - 0…
USD/JPY: bearish "Tower"
We've got a bullish "High Wave", but the last bearish "Shooting Star" has been confirmed strongly.
