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