EUR/USD: market to reach 55 Moving Average
If the 55 MA acts as resistance, bears will probably try to test the closest support at 1.2233...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: the yen plays cat and mouse
Recommendations: BUY 107…
USD/CHF: bulls got a chance
Recommendations: BUY 0…
GBP/USD: pound supported by Kijun-sen
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen.
EUR/USD: the Bears looks strong
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen and Kijun-sen; the market returned to 3-W lows again.
EUR/JPY: euro is counterattacking
Recommendation: BUY 131…
CAD/CHF broke resistance zone
CAD/CHF broke resistance zone Next buy target - 0…
NZD/CHF broke resistance zone
NZD/CHF broke resistance zone Next buy target - 0…
US Dollar (DXY): a selling wave could hit in the short-term
US Dollar remains confined within a range established since March 28th session and looks forward for a clear trend in the short-term, as it stays directionless…
Bitcoin (BTC/USD): further new lows in sight?
The cryptocurrency is at a decisive stage and this is because the 200-hour moving average is exerting selling pressure…
USD/JPY: 'Engulfing' and 'Harami' patterns
It's likely that the pair is going to reach the next support area in the coming hours...
EUR/USD: bearish 'Three Methods' pattern
The market is likely going to test the next support area in the coming hours...
