NZD/USD: the kiwi is rising
On the daily chart of NZD/USD, the 113% target of the "Shark" pattern was reached.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Will the JPY rise?
The Japanese yen gained on Wednesday and Thursday against the US Dollar on the comments from the Federal Reserve Chairman Jerome Powell.
EUR/USD: upper 'Window' acted as resistance again
There's a 'Doji' on the Moving Averages. In this case, it's likely that the pair is going to achieve the closest resistance...
Fundamental outlook for Forex majors
Let’s get into the fundamental factors which have an impact on the key currencies…
GBP/USD: 'Pennant' pattern pushing price lower
The pair is likely going to reach the nearest support at 1.2728 - 1.2723 in the coming hours...
GBP/USD: pound is ready for downtrend
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro returned to positive area
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
AUD/JPY awaits a volatility spike
AUD/JPY is testing levels above the 50-week MA at 82.79.
EUR/USD: the EUR is strengthening
On a daily chart of EUR/USD, there is a correction towards the downward middle-term trend as a part of the transformation of the "Shark" pattern into 5-0.
EUR/GBP: bullish signal for the EUR
On the daily chart of EUR/GBP bulls could take control over the situation after a small reversal.
The paths for NZD/USD
NZD/USD reached the previous high at 0.6884 but failed to move higher.
EUR/USD: 'Engulfing' pattern
The market is likely going to test the nearest support at 1.1327. The subsequent pullback from this level could lead to...
