Morning brief for June 1
Australian manufacturing PMI and NZ terms of trade kicked the Asian session off but did little to give rise to market fluctuations…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/CHF reversed from powerful resistance level 0.7290
AUD/CHF reversed from powerful resistance level 0…
EUR/USD reversed from support zone
EUR/USD reversed from support zone Next buy target - 1…
USD/JPY: "Window" acted as resistance
The upper "Window" has acted as resistance, so we've got bearish patterns such a "Harami" and a "High Wave".
EUR/USD: "Three Methods" pattern
The last "Three Methods" pattern pushed the price higher, so we've got a new local high.
GBP/USD: bearish "Flag"
There's a consolidation, which is taking place on the four-hours chart. Moreover, we've got a "Flag".
EUR/USD: "V-Bottom" pattern
The price faced support at 1.1103, so we've got a "V-Bottom" pattern, which pushed the pair towards resistance at 1.1204.
EUR/USD: euro got caught in the cross fire
On the EUR/USD daily chart, the Bears tried to launch a counterattack, but they stumbled upon the solid resistance…
USD/CHF: bulls try to restore uptrend
Recommendations: BUY 0,978 SL 0,9725 TP 0,995…
Morning brief for May 31
The British pound fell sharply with a YouGov/Times poll showing the ruling Conservatives could lose 20 seats and their majority in parliament at the coming June election…
EUR/USD: bulls going to test 8/8 MM Level again
The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued.
AUD/CAD reversed from support zone
AUD/CAD reversed from support zone Next buy target - 1…
