USD/JPY: yen is hunting for crabs
On the daily chart, bears are trying to keep USD/JPY inside the long-term downtrend channel.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/JPY: no one wanted to give in
On the daily chart, EUR/JPY reached 88.6% target of the “Bat”.
GBP/USD: pound reached daily support
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro in correction to Kijun
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
AUD/JPY broke key support level 80.60
AUD/JPY broke key support level 80…
GBP/CHF falling inside minor impulse 3
GBP/CHF falling inside minor impulse 3 Next sell target - 1…
Is Bitcoin able to recover?
BTC/USD tested levels around $5880 yesterday, the lowest level since the end of June. However, the cryptocurrency didn’t stay low for long.
USD/JPY: pair to test the nearest support
We've got a bearish 'High Wave', so we should keep an eye on the lower 'Window' (110.75) as an intraday target...
EUR/USD: no any reversal pattern so far
The market is likely going to test the next support at 1.1284 soon. If a pullback from this level happens next, we're going to have...
GBP/USD: pound is suffering
On the daily chart, GBP/USD is forming a “Spike and reversal with acceleration”.
GBP/USD: 'Bull Trap' led to a new low
We've got a 'V-Bottom', so the pair is likely going to reach the 55 Moving Average. If this line acts as resistance next...
EUR/USD: 'Pennant' pushed the price lower
The main intraday target is the next support at 1.1249. If a pullback from this level happens next, there'll be an opportunity to have...
