EUR/AUD reversed from resistance zone
EUR/AUD reversed from resistance zone Next sell target - 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bears going to push the market even lower
The price met with the nearest resistance and we don’t have any bullish pattern so far.
GBP/USD: support waiting for bears
Bulls found a resistance at 1.2438, so the price is consolidating. In this case, the pair is likely going to test the nearest support.
Key option levels for Thursday, March 30th
Trade scenarios for EUR/USD and GBP/USD based on key option levels.
EUR/USD: euro returned to the neckline
On the EUR/USD daily chart, there is a struggle for the area near the neckline of the "Head and shoulders" inverted pattern…
EUR/USD: bears going to deliver new low
The 34 Moving Average acted as a support, so the price is consolidating. Nevertheless, the market is likely going to test the next support.
AUD/CAD reversed from support zone
AUD/CAD reversed from support zone Next buy target - 1…
EUR/USD reached buy target 1.0870
EUR/USD reached buy target 1…
USD/JPY: bullish correction going to move on
We’ve got a local bearish “Harami”, which has been confirmed enough, so the current downward correction is likely going to be continued.
EUR/USD: "Shooting Star" launched bearish rally
Monday’s “Window” has been closed by the last bearish candles, so the price reached the lower “Window”.
Key option levels for Wednesday, March 29th
Trade scenarios for EUR/USD, AUD/USD and USD/CAD based on key option levels.
GBP/USD: "Double Top" led to massive decline
The last “Double Top” pushed the price to a support at 1.2382. At the same time, bears are likely going to test the next support at 1.2347 – 1.2323 in the short term.
