EUR/USD: bulls going to test Monday's high
We’ve got a “Pennant” pattern, so the market is likely going to reach the next resistance at 1.0905 – 1.0918.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Gold came across the wedge
On the daily chart of gold, the bulls failed to settle down above the important resistance level of $1,287 per ounce…
AUD/NZD reversed from support zone
AUD/NZD reversed from support zone Next buy target - 1…
EUR/NZD rising inside intermediate impulse wave (3)
EUR/NZD rising inside intermediate impulse wave (3) Next buy target - 1…
EUR/USD: wave 2 on the way
Wave 2 has been continued, so there’s a new local high. Previously, we’ve got a wedge pattern in wave 1.
USD/JPY: bulls going to test last high again
A new “Window” has just arrived, but the price faced a resistance on the 55 Moving Average.
EUR/USD: bullish "Window"
There’s a new “Window”, but we’ve got a bearish “Belt Hold” at the local high.
GBP/USD: bullish "Pennant"
We’ve got a “Pennant”, so the market is likely going to achieve the closest resistance at 1.2911 – 1.2945 in the short term.
EUR/USD: huge "Breakaway Gap"
The last downward “Pennant” has been broken, wo we’ve got a “Breakaway Gap”.
USD/CAD rising inside minor impulse wave 3
USD/CAD rising inside minor impulse wave 3 Next buy targets - 1…
NZD/CAD reached buy target 0.9450
NZD/CAD reached buy target 0…
USD/JPY: bullish correction on the way
The 34 Moving Average has acted as a resistance, so we’ve got a “Doji” pattern on this line.
