GBP/USD: pound is counterattacking
On the daily chart of GBP/USD, bulls are trying to resume the uptrend with the help of the corrective “Three Indians” pattern.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CHF: franc is hunting a crab
USD/CHF keeps consolidating in the 0.9780-0.9995 range within the “Spike and ledge” pattern on the basis of 1-2-3. A break of its upper border will increase the odds of its getting to the 1.0195 target of “Wolfe waves” pattern.
GBP/USD: pound entered inside Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.
EUR/USD: euro in consolidation inside Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
GBP/USD reversed from support zone
GBP/USD reversed from support zone Next buy target - 1…
EUR/GBP reversed from resistance zone
EUR/GBP reversed from resistance zone Next sell target - 0…
USD/JPY: 'Inverted Hammer' led to advance
The main intraday target is the upper 'Window' (110.67). If we have a pullback from this level, bears will probably try to reach...
EUR/USD: 'Window' acted as resistance once again
There's a bullish 'Harami', so we could have a local upward correction. Even so, the price is likely going to...
GBP/USD: local 'V-Top' pattern
The pair is going to reach the closest support at 1.3177 - 1.3143 soon. At the same time, if a pullback from these levels happens...
EUR/USD: consolidating along Moving Averages
It's likely that the pair is going to test the closest support at 1.1628 - 1.1599 in the short term...
USD/JPY: yen is preparing a wedge
On H1 of USD/JPY, bears have a chance to trigger the “Widening wedge” pattern.
EUR/JPY: yen prefers waves
On the daily chart, EUR/JPY is fighting for an important level of 128.85. If buyers win, the odds of triggering “Ideal butterfly” and “Shark” patterns with targets at 127.2% and 88.6% will increase.
