GBP/USD: 'V-Top' pattern led to decline
There's a 'Double Bottom', which has been confirmed, so the price is likely going to test the nearest resistance...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CAD is recovering
Last week, USD/CAD held above the strong daily support level.
Gold will continue to consolidate
On the daily chart, we expect the price of gold to fluctuate sideways within the Symmetrical Triangle with resistance and support marked by the blue line.
EUR/USD: bearish 'Engulfing' pattern
The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...
How much will EUR/GBP fall?
Recommendation: SELL 0…
GBP/USD: market to test the nearest support
A pullback from 1.3172 - 1.3143 could be a starting point for another upward price movement towards the next resistance...
EUR/USD: 'High Wave' and 'Harami' pushed price higher
There's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784...
GBP/USD: 55 Moving Average acted as support
There's a 'Thorn' pattern, which pushed the price higher. It's likely that the market is going to test the closest resistance...
EUR/USD: bullish 'High Wave' and 'Harami'
We should keep watching the next resistance at 1.1776 as an intraday target...
GBP/USD: developing 'Rising Wedge' pattern
It's likely that the market is going to test the next resistance at 1.3172 - 1.3216 soon. If a pullback from this area happens next...
EUR/USD: 'High Wave' points to decline
The market is likely going to test the 34 Moving Average. If a pullback from this line happens next, bulls will probably try to reach...
GBP/USD: 'Rising Wedge' to end soon
We should watch the next resistance at 1.3172 as a possible starting point for a downward correction to 1.3081 - 1.3072...
