USD/JPY: outlook for May 8-12
USD/JPY has managed to strengthen to 112…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: wave 2 on the way
Price has been rising since a pullback from 1/8 MM Level happens.
GBP/AUD rising inside sharp C-wave
GBP/AUD rising inside sharp C-wave Next buy target - 1…
AUD/CHF reached sell target 0.7270
AUD/CHF reached sell target 0…
USD/JPY: "Shooting Star" led to correction
There's a downward correction, which is taking place on the four-hours chart.
EUR/USD: upper "Window" still on the table
There's a pullback from the lower "Window", but we've got a "Tower" at the last high.
GBP/USD: support by 34 Moving Average
There's a "Double Top", but bears couldn't move on because of support by the 34 Moving Average.
EUR/USD: broken "Triangle"
Bulls have broken the last "Triangle", but price faced resistance at 1.0991, so there's a consolidation.
USD/JPY: Dollar made new highs
Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are breakout the support of Tenkan and Kijun.
GBP/USD: pound keep staying on Cloud
Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen in a Cloud; the prices are on the support of Cloud, but the bulls are weak.
EUR/AUD broke pivotal resistance level 1.4650
EUR/AUD broke pivotal resistance level 1…
AUD/USD broke support zone
AUD/USD broke support zone Next sell target - 0…
