GBP/USD: bears fulfilled their mission
Recommendation: SELL 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Silver (XAG/USD): looking forward to ride a bullish wave
Silver has been riding an overall bullish structure that it’s looking for a consolidation above the 200 SMA at H1 chart…
CAD/JPY rising inside minor B-wave
CAD/JPY rising inside minor B-wave Next buy target - 89…
AUD/JPY reversed from support area
AUD/JPY reversed from support area Next buy target - 88…
USD/JPY: price reached 89 Moving Average
We've got a bearish "Tweezers", but confirmation of this pattern is a quite weak. Therefore, the market is likely going to reach...
EUR/USD: bearish "Doji"
There's a bullish "Harami", but this pattern hasn't been confirmed yet. So, the price is likely going to test the 89 Moving Average.
GBP/USD: another bearish "Pennant"
The last "Flag" has been broken, so price plunged. It seems like bears are ready to move on, so we should keep an eye on the next support.
EUR/USD: "V-Bottom" pattern
We've got a "Triple Top", so the price is declining, but bears faced support at 1.1683. Anyway, the market is likely going to...
USD/CAD: bulls saw a red rag
Recommendation: BUY 1,277 SL 1,2715 TP1 1,287 TP2 1,294…
GOLD: bulls showed weakness
Recommendation: SELL $1267 SL $1280 TP $1250 TP2 $1235 TP3 $1224 On the daily chart, the second attempt of bulls to return the quotes inside the previous medium-term bullish channel failed…
AUD/USD: aussie continue to falling
Bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of 0.7800/20.
EUR/USD: euro fell into Cloud again
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices returned into the Cloud and will test the support of Senkou Span B.
