EUR/USD: bullish "Window"
There’s a new “Window”, but we’ve got a bearish “Belt Hold” at the local high.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Oil market overview
Oil prices regained their footing on Monday following substantial losses they experienced last week as an OPEC-led committee pledged to back extension of the supply cut deal and as investors favored riskier assets after the first round of the election…
GBP/USD: bullish "Pennant"
We’ve got a “Pennant”, so the market is likely going to achieve the closest resistance at 1.2911 – 1.2945 in the short term.
EUR/USD: huge "Breakaway Gap"
The last downward “Pennant” has been broken, wo we’ve got a “Breakaway Gap”.
USD/CHF: franc is trying to hit parity level
On the USD/CHF daily chart, the "bears" failed to settle down below the important support at 0…
USD/JPY: bulls benefited from the gap formation
On the USD/JPY daily chart, the bulls with the help of a gap reached the resistance at 110…
Morning brief for April 24
The biggest winners from the French elections were probably the pollsters who managed to forecast the outcome of the runoff…
USD/CAD rising inside minor impulse wave 3
USD/CAD rising inside minor impulse wave 3 Next buy targets - 1…
NZD/CAD reached buy target 0.9450
NZD/CAD reached buy target 0…
USD/JPY: bullish correction on the way
The 34 Moving Average has acted as a resistance, so we’ve got a “Doji” pattern on this line.
EUR/USD: "Shooting Star" pushing price lower
We’ve got a confirmed “Shooting Star”, but the price formed a pullback from the closest support.
AUD/USD: outlook for April 24-28
Aussie slumped to 0…
