EUR/USD: "Window" waiting for bulls
The price has been rising since the last "Hammer" was formed on the lower "Window".
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/USD: bearish "Thorn"
We've got a "Thorn" under resistance at 1.3047, so the price is consolidating. The 55 Moving Average is acting as support.
EUR/USD: confirmed "Double Top"
The price faced resistance at 1.1249, so there's a consolidation. Also, we've got a "Double Top" pattern.
NZD/USD rising inside primary impulse wave ③
NZD/USD rising inside primary impulse wave ③ Next buy target - 0…
CAD/CHF reversed from support zone
CAD/CHF reversed from support zone Next buy target - 0…
USD/JPY: ""Window" acting as strong support
There's a consolidation, which is taking place on the four-hours chart. The 34 Moving Average is acting as resistance.
EUR/USD: Morning Star pushing price higher
We've got a "Morning Star", which has been confirmed, so the price is moving up.
EUR/USD: 8/8 MM Level could send price lower
The price reached 8/8 MM Level, so wave (c) of [y] may have been ended, which means there's an opportunity to have bearish wave (i).
GBP/USD: developing consolidation
We've got an upward consolidation, which is developing between the 34 Moving Average and resistance at 1.3023.
EUR/USD: bulls going to test next resistance
Bulls faced resistance at 1.1204. However, the price is likely going to move on towards the next resistance at 1.1232 - 1.1249.
CAD/JPY reversed from support zone
CAD/JPY reversed from support zone Next buy target - 83…
EUR/USD rising inside impulse waves (iii) and C
EUR/USD rising inside impulse waves (iii) and C Next buy target - 1…
