EUR/USD: 'Triple Top' on 34 Moving Average
The price is likely going to reach another support area at 1.2066 - 1.2051 in the short term...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: the Dollar returned to 109.00
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 market had reached the main daily resistance on 109.50/60 and extremely overbought now.
AUD/USD: aussie corrected to Kijun-sen
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market has made a new local lows and went to correction.
USD/JPY: 107.80 on the focu
USD/JPY has been favored by the bulls across the board, but it started to lose steam around 109…
GBP/CAD broke support zone
GBP/CAD broke support zone Next sell target - 1…
GBP/NZD reversed from resistance zone
GBP/NZD reversed from resistance zone Next sell target - 1…
Economic outlook on the Thai baht
Asia plays a great role in the world economy…
USD/JPY: 34 Moving Average acting as support
There's a bearish 'Hanging Man' pattern. So, the market is likely going to test the 34 MA once again. A pullback from this line could be...
EUR/USD: bearish 'Three Methods' pattern
The market is likely going to test the lower 'Window' soon. A pullback from this level could be a departure point for a bullish correction...
GBP/USD: 'V-Top' led to decline
It's likely that the market is going to test the nearest support at 1.3763 - 1.3739, which could be a starting point for a bullish correction...
EUR/USD: no any reversal pattern
The price is likely going to continue moving lower. At the same time, there's an opportunity to have an upward correction little later on...
EUR/GBP: fighting for the initiative
Recommendation: SELL 0…
