EUR/USD: bearish impulse
We've got a pullback from 8/8 MM Level, so wave iv ended on the one-hour chart.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: "Shooting Star" and "Harami"
There isn't any bullish pattern so far, which means all last candles are bearish.
EUR/USD: "Inverted Hammer" on the 55 MA
There's a new "Window", which was formed this morning. Also, we've got a "Belt Hold" pattern.
GBP/USD: bullish "Thorn"
We've got a bullish "Thorn", so the price is consolidating. In this case, we should keep an eye on the nearest support at 1.2705.
EUR/USD: "Rising Wedge"
We've got a "Rising Wedge", so the price formed a pullback from the 55 Moving Average, which led to the current consolidation.
EUR/USD: bulls have built fortresses
On the daily EUR/USD chart bears failed to break support at 1…
CAD/JPY reversed from support zone
CAD/JPY reversed from support zone Next buy target - 83…
GBP/CHF reversed from resistance zone
GBP/CHF reversed from resistance zone Next sell target - 1…
USD/JPY: "Three Methods" pattern
The price has been rising since we had an "Inverted Hammer" at the last low.
EUR/USD: bullish "Inverted Hammer"
We've got an "Inverted Hammer" at the last low, but confirmation of this pattern is a quite weak.
GBP/USD: plunged like a stone
The last upward "Wedge" has been broken, so the pair plunged like a stone. Finally, bears meet with support at 1.2634.
EUR/USD: "Triple Top" pushed price lower
We've got a "Triple Top", which has been confirmed, so the price is consolidating between the 34 & 55 Moving Averages.
