EUR/USD: the euro is strengthening
On the daily chart of EUR/USD, bears couldn’t break the support at 1.13, it signaled their weakness.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/GBP: GBP gains momentum
On the daily chart of EUR/GBP, bulls couldn’t break the resistance at 0.891.
EUR/USD: upper 'Window' could act as resistance
If a pullback from the 'Window' happens next, bears will probably try to reach the closest support at 1.1357...
GBP/USD: 'V-Bottom' led to bullish rally
The main intraday target is the next resistance at 1.2969 - 1.2989. If a pullback from this area happens little later on...
EUR/JPY: the euro doesn't have strength
On the daily chart of EUR/JPY, if bulls can’t pull the pair out of the downward channel and break the resistance at 128.85, it will signal their weakness.
USD/JPY: the USD is weak
On the daily chart of USD/JPY, bulls couldn’t break the resistance at 113.25 that signals their weakness.
USD/JPY: dollar can’t find direction
Narrowing bearish Ichimoku Cloud with rising Senkou Span A and falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: the Bulls returned to game
Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
EUR/USD: 'Shooting Star' led to a new low
There's no any reversal pattern so far, which means the pair is likely going to reach the lower 'Window'. A pullback from this level could be...
GBP/USD: 'Pennant' pushed price lower
There's a 'V-Bottom', so we're likely going to have an upward correction towards the nearest resistance at 1.2753 - 1.2784...
GBP way for the upcoming days
In the middle of August, the British pound got a boost to turn the downtrend.
GBP/USD: the British pound may recover
On the daily chart of GBP/USD, the 88.6% target of the “Bat” pattern was reached. This situation increases risks of the rebound.
