GBP/USD: pound is resuming the trend
Recommendation: BUY 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CHF: bulls rebuffed an attack
Recommendation: BUY 0…
GBP/USD: pound is overbought
Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is growing up but overbought now and under the main 4H-resistance.
EUR/USD: the Bulls returned euro to positive zone
Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market entered into the positive area breaking out the horizontal SSB’s resistance.
EUR/GBP strengthening a bearish bias for the short-term
EUR/GBP has been trading within a bearish range below the 200 SMA at H1 chart…
NZD/JPY broke two resistance levels
NZD/JPY broke two resistance levels Next buy target - 80…
NZD/CHF broke pivotal resistance level 0.7030
NZD/CHF broke pivotal resistance level 0…
USD/JPY: market to test the closest support
There's a bearish 'Tower' pattern, so the market is likely going to test the closest support. Meanwhile, if a pullback from this area happens...
EUR/USD: 'High Wave' pattern
If a pullback from the Moving Averages happens, we're likely going to have another upward price movement...
GBP/USD: main trend is still bullish
Considering the last 'Pennant' pattern, the pair is likely going to test the next resistance area at 1.4217 - 1.4243...
EUR/USD: bullish 'Flag' pattern
Bulls are going to reach the nearest resistance at 1.2358 in the coming hours. If a pullback from this level forms little later on...
USD/CAD: bears went hunting
Recommendation: SELL 1…
