AUD/NZD reached buy target 1.0850
AUD/NZD reached buy target 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/AUD reversed from strong resistance level 1.4640
EUR/AUD reversed from strong resistance level 1…
EUR/USD: bears ready for wave (iv)
Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction.
USD/JPY: "Window" going to act as resistance
The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term.
EUR/USD: "Shooting Star" launched correction
The price has tested the nearest resistance ones again. Also, we’ve got a “Shooting Star”.
GBP/USD: "Double Top" stopped bulls
Bulls faced a resistance at 1.2945, so we’ve got a “Double Top”, which has been confirmed by the last “Exhaustion Gap”.
EUR/USD: possible "Triple Top"
The price is still consolidating under a resistance at 1.0951. Also, there’s a developing “Triple Top”.
USD/CAD reached buy target 1.3600
USD/CAD reached buy target 1…
GBP/CAD broke resistance level 1.7540
GBP/CAD broke resistance level 1…
EUR/USD: bearish wave (iv) about to start
The price is testing 7/8 MM Level, which previously has acted as a resistance. So, wave (iii) is likely going to end soon.
USD/JPY: strong "Window"
There’s a strong support by the lower “Window”. However, we’ve got a “Tweezers” and an “Engulfing” patterns.
EUR/USD: "Evening Star" stopped bulls
The 55 Moving Average has acted as a support, so the price is rising. At the same time, we’ve got an “Evening Star”.
