NZD/JPY rebounded from the low
On H4 of NZD/JPY, the pair rebounded from the low at 70.43 and moved up.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD returned down
AUD/USD has been falling since the start of 2018. On W1, the pair formed a “Falling three method” candlestick pattern.
GBP/JPY may be forming correction
Technical analysis of GBP/JPY
Fundamental analysis for AUD
The Australian dollar is affected by weak fundamentals and risk aversion.
USD/CAD awaits US data
USD/CAD is another pair that has the potential to make significant moves in the near term.
USD/CHF after the breakdown
Last week USD/CHF broke below the uptrend support line of 2018.
Important levels for CHF/JPY
CHF/JPY met the resistance of the declining 50-day MA and turned down. Its potential target lies at the support line connecting the lows of May in the 108.25 area.
EUR/AUD is at a major resistance
Check the chart of EUR/AUD. The pair has reached the 50% Fibo retracement of the 2008-2012 decline.
Two "head and shoulders" pattern of AUD/JPY
On the H4 of AUD/JPY, the pair formed the “Head and shoulders” pattern.
NZD/CHF: trade ideas
The NZD remains in a downtrend versus the CHF and the JPY as the market is still in the risk-averse mode.
The week started badly for oil
WTI oil formed a “dark cloud cover” pattern on D1 near the downtrend resistance line.
Has the downtrend of AUD/CHF ended?
Technical analysis of AUD/CHF
