Oil may correct down
It will be difficult for bulls to keep pushing the price to the upside.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: price to test nearest resistance
There's a bullish 'High Wave' pattern, which hasn't been confirmed yet. However, it's likely to have an upward correction...
AUD/USD: upward correction is underway
The market is likely going to test the closest support at 0.7022. This level could be a departure point for a bullish price movement towards...
The fundamental outlook for the GBP
The European Union agreed to postpone Brexit until the end of October. How will this decision influence the GBP in the coming weeks and months?
Stock market: the earnings of Apple, GE, GM, and more
US companies continue reporting their financial results for Q1. Use this tchance to trade!
GBP/USD: bullish 'Doji'
It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...
Stock market: has Cisco reached a limit?
The stock of Cisco formed a doji “shooting star” candlestick on the weekly chart.
USD/MXN: the clues from the technical picture
On D1, the pair formed a bearish “shooting star” candlestick ahead of the resistance line from December high.
Stock market: Facebook may close the gap
Facebook rose on a positive earnings report. Will the stok manage to sustain the upside?
USD/CAD paused after a breakout
This week USD/CAD had broken above the recent trading range. What's next?
EUR/GBP: confirmed 'Double Top' pattern
The 89 Moving Average is acting as support, but we've got a bearish 'Flag'. In this case, we're likely going to...
USD/CAD: price to test next resistance
There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...
