EUR/USD: "Triple Top" pushed price lower
We've got a "Triple Top", which has been confirmed, so the price is consolidating between the 34 & 55 Moving Averages.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/JPY: bears require the development of the correction
Recommendation: SELL 123,2 SL 123,75 TP 121…
Gold failed to find happiness in the north
Recommendation: SELL $1270 SL $1285 TP $1240…
USD/JPY: Dollar corrected to Kijun-sen
Expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are corrected to local resistance and may continue the downtrend.
AUD/USD: aussie under main resistance
Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.
Morning brief for June 9
Seven weeks ago, prime minister Theresa May called the snap election seeking a stronger mandate in talks over leaving the European Union…
NZD/USD reached buy target 0.7200
NZD/USD reached buy target 0…
EUR/USD reached buy target 1.1270
EUR/USD reached buy target 1…
EUR/USD: new high coming soon
There's a developing diagonal triangle in wave (v) of [c], which is taking place on the four-hours chart.
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
USD/JPY: bullish "Three Methods"
We've got some bullish patterns such a "Morning Star" and a "Harami", which both have been confirmed.
EUR/USD: "Tweezers" pattern
The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.
