EUR/USD: bearish patterns inside strong resistance
There’s a strong resistance area, where we’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Doji”.
Daily Market Analysis
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Oil market overview
Oil prices dropped to $50…
GBP/USD: Gap going to act as resistance
We’ve got a “Double Top”, which has been confirmed. At the same time, bulls are likely going to test the nearest resistance.
EUR/USD: bulls going to test last high
The price is still consolidating under a resistance at 1.0951. Also, there’s a possible “Triple Top”.
USD/CHF: bulls are preparing for breakout
On the USD/CHF chart, there is a consolidation in the range of 0…
EUR/USD: euro is trading in consolidation range
On the EUR/USD daily chart, there is a consolidation in the range of 1…
Morning brief for May 2
A belated happy Labour day, dear traders! We bet you were trading with zeal and special ardor yesterday! Here are the latest news and market moves of today’s Asian session…
AUD/USD: bulls under pressure of Cloud
Narrowing bearish Ichimoku Cloud, falling Senkou Span A; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are under strong resistance of the Cloud.
EUR/USD: euro may go higher
Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on support of Tenkan-sen and Kijun-sen.
AUD/NZD reached buy target 1.0850
AUD/NZD reached buy target 1…
EUR/AUD reversed from strong resistance level 1.4640
EUR/AUD reversed from strong resistance level 1…
EUR/USD: bears ready for wave (iv)
Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction.
