GBP/USD: confirmed 'Double Bottom'
The price is consolidating under the 89 Moving Average. It's likely that the pair is going to test the nearest resistance...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
NZD/USD: buy or sell the NZD?
On the daily chart of NZD/USD, bulls couldn’t break above the upper boundary of the downward channel for the first time.
USD/JPY: market is in cloudy area
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with rising lines.
AUD/USD: the Bears testing SSA’a support
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
Chinese yuan: close to the crucial level
The Chinese yuan has lost a lot since trade war tensions started escalating.
EUR/USD: bullish 'High Wave'
The pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next...
GBP/USD: 'V-Top' led to bearish rally
It's likely that the market is going to test the next support area at 1.2999 - 1.2968. A pullback from these levels could be...
The euro is in trouble
The past week wasn’t kind to the euro.
EUR/JPY: uncertainties around the euro
On the daily chart of EUR/JPY, bulls and bears are fighting for the upper boundary of the downward channel.
EUR/USD: let’s sell the pair
On the daily chart of EUR/USD, chances that the pair will reach targets of the “Head and Shoulders” pattern and the “Shark” pattern (88.6% target) are declining.
EUR/GBP: a good chance for the euro
On the daily chart of EUR/GBP, the long-term consolidation within 0.87-0.902 is continuing.
GBP/USD: pound fell to negative area
Irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines.
