EUR/GBP: bulls tricked their rivals
Recommendation: BUY 0…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD is consolidating
Recommendation: SELL 1…
GBP/USD: pound’s black days
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market had bounced from the 2Y-highs and going to correction.
EUR/USD: back to Cloud’s support
Bullish Ichimoku Cloud with rising Senkou Span A; a new irregular dead cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market had returned to Cloud’s support.
DAX 30: close to test a strong resistance zone
DAX has been moving in a recovery phase since March and while gains are capped by the 200 SMA at H4 chart, the index scopes to consolidate above the Fibonacci level of 50% at 12659…
Bitcoin (BTC/USD) still undecided, hovers around a key resistance
The price action in Bitcoin continues to be tight and profits remain limited in the short term…
NZD/USD reversed from resistance zone
NZD/USD reversed from resistance zone Next sell target - 0…
EUR/AUD reversed from support area
EUR/AUD reversed from support area Next buy target - 1…
USD/JPY: bullish 'Three Methods' pattern
The market is likely going to test the upper 'Window' in the coming hours. If a pullback from this level forms little later on...
EUR/USD: 'Shooting Star' led to decline
There's an opportunity to have a local upward correction. Even so, bears are likely going to test the lower 'Window' afterwards...
GBP/USD: 'Pennant' pattern has been broken
The pair is likely going to test the closest support at 1.4144 - 1.4119 in the coming hours...
EUR/USD: 'Rising Wedge' pattern
It's likely that we're going to have a 'Rising Wedge' pattern on EURUSD. So, we should keep an eye on the 89 Moving Average...
