EUR/JPY formed a “hammer” candlestick on D1.
Daily Market Analysis
It looks like USD/ZAR has overdone its increase in the short-term.
There's a bearish 'Tower' pattern, which hasn't been confirmed yet. Thus, we should watch...
There's a bearish 'Thorn' pattern, which pushed the market lower. Also, we've got a bearish 'Flag', so the pair is likely...
It looks like AUD/CAD formed an “Inverted Head and Shoulders” pattern on D1.
There’s a way to bet on the increase in trade tensions between the United States and China that goes beyond the currency market.
GBP/USD is trading below the weekly pivot level at 1.2707.
The market is likely going to test the 34 Moving Average in the coming days...
It's likely to have a local downward correction in the coming hours. In this case, we should watch...
“Those who speculate and short the yuan will for sure suffer heavy loss…
Have a look at the pair EUR/NZD as it might present some interesting trade ideas.
The pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next...