AUD/USD: bulls are gaining strength
On a daily chart of AUD/USD, there is a consolidation due to the transformation of the “Shark” pattern into 5-0.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: the 89 Moving Average acted as resistance
There're bullish patterns such a 'Doji' and an 'Engulfing', so the market is likely going to test the lower 'Window'...
GBP/USD: consolidation under Moving Averages
It's likely that the pair is going to test the nearest support at 1.2852 - 1.2826. The subsequent pullback from this area...
Oil and CAD: in pain together
Europe keeps trying to get through Brexit and deal with Italy…
EUR/GBP: the euro strengthens
On a daily chart of EUR/GBP, bulls almost reached the target of the “Wolfe Waves” pattern.
EUR/USD: will the EUR rise?
Recommendation: BUY 1.1470 SL 1.1415 TP1 1.1570 TP2 1.1660 TP3 1.1760
USD/JPY: the Bulls can’t maintain uptrend
Narrow bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
AUD/USD: aussie entered inside cloudy area
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: bullish 'Three Methods' pattern
The pair is likely going to reach the next resistance at 1.1427, which could be a departure point for a decline in the direction of...
USD/JPY: sell the USD
On a daily chart of USD/JPY, bears could not move the pair out of the upward channel and create a combination of “Three Indians” and 1-2-3 patterns.
EUR/JPY: Uncertainties around the EUR
On a daily chart of EUR/JPY, there is a consolidation based on the implementation of the “Broadening Wedge” pattern.
GBP/USD: consolidation under the 'Rising Wedge'
It's likely that the pair is going to test the next support at 1.2728 - 1.2695. The subsequent pullback from this area could be...
