GBP/NZD reversed from support zone
GBP/NZD reversed from support zone Next buy target - 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
CHF/JPY broke resistance zone
CHF/JPY broke resistance zone Next buy target - 112…
US Dollar moving inside a corrective phase
US Dollar has been trading in a corrective phase across the board and it seems we can expect further consolidation below the 50 SMA at H1 chart…
Bitcoin (BTC/USD) awaiting for clues to define the trend in the short-term
The Bitcoin again managed to consolidate the price action below the 200-hour moving average and the support offered by the Fibonacci level of 123…
GBP/USD: last bullish 'Pennant' has been broken
The 55 Moving Average acted as resistance. Therefore, we're going to have a bearish correction towards the closest support...
EUR/USD: confirmed 'Triple Bottom'
The price is rising. However, there's an opportunity to have a downward correction. In this case, if a pullback from the closest support...
USD/JPY: 'Inverted Hammer' on 34 Moving Average
The market is likely going to achieve the nearest resistance area. A pullback from it could be a departure point for a decline towards...
EUR/USD: price rising because of bullish 'Hammer'
It's likely that the market is going to test the upper 'Window', which could be a starting point for another decline...
USD/CAD: the fights around 1.28
A successful test of the lower border of the 1.2730-1.2920 consolidation range with the following renewal of May high opens the way up to 127.2% target of AB=CD.
Gold is moving in channels
Recommendation: SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250 SELL 1280 SL 1295 TP1 1250 TP2 1244 On the daily chart of USD/XAU, bulls have to break resistance at 1302…
USD/JPY: the Dollar reached 111.50
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are reached the main daily resistance on 111.50 and the market is overbought now.
AUD/USD: aussie aimed at SSB
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market inside a Cloud and the prices growing to SSB’s resistance.
