EUR/USD formed a bullish engulfing pattern on D1 yesterday rebounding from the lower daily Bollinger Band.
Daily Market Analysis
The earnings season continues in the United States…
Traders and investors are curious about the future of the Venezuelan crisis and its impact on the oil market.
We're likely going to have an upward correction in the coming hours in the direction of the upper 'Window'...
The main intraday target is the next support at 1.2830 - 1.2803. If a pullback from this area happens next...
Big moves may be triggered by the meeting of the Reserve Bank of New Zealand early on Wednesday.
GBP/CHF found resistance in the 1.3100 area (resistance line connecting July and November highs).
The market is likely going to test the upper 'Window' (1.1329) in the coming hours. The subsequent pullback from this level...
There's a 'V-Top' pattern, which led to the current consolidation. It's likely that the market is going to reach the previously tested support...
We are slowly approaching the final deadline for the trade truce. Let's consider how the fresh trade talks between the US and China next week may affect the market.
The market is likely going to test the nearest resistance at 1.1359 by the last 'Three Methods' pattern...
The 34 Moving Average has acted as resistance, so the price is consolidating. In this case, it's likely that the pair is going to reach...