USD/JPY: bears are attacking
On the daily chart, bears managed to seize the initiative and return USD/JPY to the long-term downtrend channel.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/JPY: yen is hunting a “Bat”
On the daily chart of EUR/JPY, bears pulled the pair below an important support at 128.85 (38.2% of the long-term rising wave) and are trying to return it to the descending channel.
USD/JPY: the Bears continue sells
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines
AUD/USD: aussie returned to 3W-highs
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
GBP/USD broke key support level 1.0950
GBP/USD broke key support level 1…
GBP/CHF broke key support level 1.2900
GBP/CHF broke key support level 1…
USD/JPY: Moving Averages acted as resistance
The main intraday target is the lower 'Window' (110.20). If a pullback from this level happens next, we're going to have a bullish correction...
EUR/USD: bearish 'Engulfing' pattern
It's time for a local downward correction. Anyway, the market is likely going to test the next resistance at 1.1662 little later on...
GBP/USD: 'Pennant' pushed the pair lower
It's likely that the market is going to reach another support at 1.2877 - 1.2851. This area could be a departure point for...
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
GBP/USD: pound is getting ready for an attack
On the daily chart, GBP/USD keeps forming a “Shark” pattern. The pair got close to its 113% target near 1.2855.
USD/CHF: franc painted a triangle
USD/CHF is forming a “Triangle”. A break of its upper border near 1.0070 will open the way to the target of “Wolfe waves” pattern for buyers.
