EUR/USD: primary trend remains bearish
The price is still consolidating in a range of the developing 'Triangle'. The main intraday target is the next support...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: no one wants to give in
On the daily chart, USD/JPY is fighting for an important level of 111.65 (50% of the long-term descending wave).
EUR/JPY: yen is preparing another attack
On the daily chart, EUR/JPY pulled back after reaching 78.6% target of a Gartley pattern.
GBP/USD: Bear’s market is coming
Bearish Ichimoku Cloud but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro returned under Cloud
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
NZD/CAD broke support level 0.8850
NZD/CAD broke support level 0…
AUD/CAD falling inside wave (2)
AUD/CAD falling inside wave (2) Next sell target - 0…
USD/JPY: no any reversal pattern so far
We've got a 'Three Methods' pattern, so the market is likely going to test the upper 'Window' at 112.27. A pullback from this level could...
EUR/USD: 144 Moving Average acted as resistance
There's an opportunity to have a local upward correction. So, we should keep an eye on the nearest resistance...
GBP/USD: 'Thorn' led to current consolidation
It's likely that the market is going to test the closest resistance at 1.3157 - 1.3172. This area could be a starting point for...
EUR/USD: consolidation under Moving Averages
The pair is going to test the nearest support at 1.1679 - 1.1661. If a pullback from these levels happens next...
GBP/USD: pound is gaining strength
GBP/USD bulls are trying to lead the pair out of the descending channel, push it above resistance at 1.3215 and move higher towards the target of “Wolfe waves”.
