EUR/USD: the euro is going to rise
On the daily chart of EUR/USD, there is a transformation of the "Shark" pattern into 5-0.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
How about USD/TRY?
It looks like USD/TRY has some potential for trading and we can identify good levels with technical analysis.
USD/JPY: how to trade after NFP
As the market is waiting for the release of the American Nonfarm Payrolls (NFP), let’s pick a currency pair that will definitely show a big reaction to this event.
EUR/USD: 34 Moving Average acted as resistance
The price is consolidating between the lower 'Window' and the Moving Averages. It's likely that the market is going to...
GBP/USD: developing 'Falling Wedge' pattern
The main intraday target is the next support at 1.2658 - 1.2634. Meanwhile, if a pullback from this area happens next...
Gold is about to choose direction
The price reached the target of the buy trade we recommended on Monday, and now it’s time to reevaluate the situation.
NZD/CAD is near the key level
NZD/CAD approached the resistance line connecting 2017 and 2018 highs (0.9280) and 78.6% Fibo level (0.9260).
USD/JPY: the yen breaks the trend
On the daily chart of USD/JPY, bears try to move the pair outside the triangle and lower border of the upward channel.
How about trading oil?
The oil market is awaiting news from the OPEC meeting, and traders should expect an increase in volatility and sharp moves of the price.
EUR/JPY: bears pull the EUR down
On the daily chart of EUR/JPY, there are implementations of the "Broadening wedge" and "Shark" patterns (88.6% target).
EUR/USD: 'Window' is acting as support
The market is going to test the nearest resistance at 1.1363, which could be a starting point for a decline...
GBP/USD: market to test the next support
If a pullback from 1.2658 - 1.2634 happens next, there'll be a moment for an upward correction towards the nearest resistance...
