USD/TRY is looking for patterns
USD/TRY has been trying to recover since the end of January.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Will EUR/JPY resume the downtrend?
EUR/JPY spent more than a month correcting up after its spike down made at the start of January.
EUR/USD: price reached the lower 'Window'
It seems like we're going to have a 'Hammer' pattern shortly. If so, there'll be time for an upward correction towards...
GBP/USD: pair to test the next support
There's a 'Pennant' pattern, which has been broken. So, we should keep an eye on the nearest support as an intraday target...
USD/CAD is trying to resume uptrend
USD/CAD found support at the 2018 trendline and the 50-week MA in the 1.3080 area.
XAU/USD: another “Head and Shoulders”
XAU/USD keeps declining after it failed to break above 78.6% Fibonacci retracement in the 1321 area.
EUR/USD: 'Three Methods' pushed the price lower
It's likely that the pair is going to test the next support at 1.1368 in the coming hours. If a pullback from this level happens next...
GBP/USD: 'Double Top' pushing the price lower
The main intraday target is the next support at 1.2910 - 1.2854. If a pullback from this area happens next, there'll be a moment for...
GBP/JPY may go lower
GBP/JPY will remain under negative pressure as long as it’s trading below the weekly pivot point at 143.30.
EUR/USD: bearish 'Three Methods' pattern
It's likely that the market is going to reach the nearest support at 1.1385. If a pullback from this level happens afterwards...
GBP/USD: no any bullish pattern so far
The price is likely going to reach the 89 Moving Average in the coming hours. The subsequent pullback from this line...
EM currencies to invest in 2019
We have come to the second month of 2019 and it’s time to take a deep breath after the crazy run of the year, evaluate what has already happened and make some precisions on the upcoming months.
