EUR/USD: pair consolidating along Moving Averages
The price is likely going to reach the next resistance at 1.1744 - 1.1777. A pullback from this area could be...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/GBP: euro is going north
On the daily chart, EUR/GBP retested the upper border of the short-term consolidation range of 0.8695-0.8835.
EUR/USD: euro is choosing a way
On the daily chart of EUR/USD, bulls managed to lead the pair out of the downtrend channel. They want to trigger a “Crab” pattern with the target at 161.8% and a “Dragon”.
USD/JPY: dollar in consolidation
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
AUD/USD: aussie inside a Cloud
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen.
GBP/CHF reversed from support zone
GBP/CHF reversed from support zone Next buy target - 1…
AUD/NZD reversed from resistance zone
AUD/NZD reversed from resistance zone Next sell target - 1…
Trading plan for July 6
Friday is full of economic events.
USD/JPY: confirmed bullish 'Harami'
If a pullback from the nearest resistance at 110.83 happens next, the price is likely going to reach the previously tested support...
EUR/USD: bullish 'Hammer' on the 34 MA
The market is likely going to test the next resistance at 1.1747 in the coming hours...
GBP/USD: price consolidating along Moving Averages
It's likely that the pair is going to test the 89 Moving Average in the coming hours. This line could be a departure point for a decline...
EUR/USD: 89 Moving Average acted as resistance
The market is likely going to test the next resistance at 1.1720 - 1.1744, which could be a starting point for a decline towards...
