USD/JPY looking to retrace 50%
USD/JPY has been strongly bearish across the board, looking to test new lows…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Trading plan for November 16
The US dollar index (DXY) declined below 93…
EUR/USD: price couldn't fixate below 8/8 MM Level
There's developing wave 5 of (C). Previously, we had an extension in wave 3. Therefore, the last high is likely going to be broken soon...
USD/JPY: "Window" acted as support
There isn't any bullish pattern so far. However, we could have a local upward correction, but bears are likely going to continue to push...
EUR/USD: bearish "Doji"
The lower "Window" is likely going to act as support. If a pullback from this level arrives afterwards, we could have another bullish...
GBP/USD: Moving Averages acted as support
There's a "Thorn", so the price is likely going to test the next resistance at 1.3182 - 1.3238. If a pullback from these levels happens...
EUR/USD: bullish "Flag" pattern
The market is likely going to continue moving up towards the closest resistance at 1.1804 - 1.1836 during the day...
GBP/USD got confused in wedges
Recommendation: BUY 1…
USD/CHF: bears practice deceit
Recommendation: BUY 0…
USD/CHF falling inside c-wave
USD/CHF falling inside c-wave Next sell target - 0…
EUR/USD rising inside impulse waves 1, (1) and ③
EUR/USD rising inside impulse waves 1, (1) and ③ Next buy target - 1…
EUR/CHF strongly bullish but close to make a pull back
EUR/CHF has been in a rally since November 13 session and now it’s targeting higher levels across the board…
