GBP/USD: bulls to deliver new local high
The pair is moving up and down between resistance at 1.2945 and support at 1.2883.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: "Pennant" led to bullish rally
The market is likely going to continue moving up towards the next resistance at 1.1025 - 1.1039 in the short term.
USD/CHF reached buy target 1.0100
USD/CHF reached buy target 1…
EUR/USD reversed from support zone
EUR/USD reversed from support zone Next buy targets - 1…
EUR/USD: 6/8 MM Level as important resistance
6/8 MM Level is likely going to act as resistance once again. If we see another pullback from this line, wave (i) is going to be continued.
USD/JPY: "Window" acting as support
The market is consolidating along the "Window". Also, there's a "High Wave" pattern at the local high.
EUR/USD: bulls going to test last high
The 55 Moving Average and the lower "Window" have acted as support, so we've got a "Three Methods" pattern on this line.
GBP/USD: resistance waiting for bulls
The 55 Moving Average has acted as support, so we've got a "Double Bottom" on this line.
EUR/USD: bulls going to test down trend
There's a "Triple Bottom", so the market is likely going to test resistance near the downtrend.
AUD/NZD reversed from powerful support zone
AUD/NZD reversed from powerful support zone Next buy target - 1…
AUD/CHF reached buy target 0.7320
AUD/CHF reached buy target 0…
EUR/USD: bearish correction on the way
The price is rising in wave [C] of ii. The main intraday target is 6/8 MM Level.
