EUR/USD: outlook for April 24-28
EUR/USD was unable to rise above 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: wave (ii) ended
The price has come back under 4/8 MM Level, so wave (ii) was likely ended.
GBP/USD: bearish correction on the way
The price is consolidating between the levels 1.2865 – 1.2774. The 34 Moving Average is going to act as a support.
EUR/USD: "Double Top" stopped bulls
There’s a “Double Top”, which has been confirmed. Therefore, the market is going to reach a support at 1.0698 – 1.0688.
GBP/USD: pound drew the inner bar
On the GBP/USD daily chart, there is a consolidation after a sudden rebound…
NZD/USD: bulls were spooked by their own audacity
On the NZD/USD daily chart, the bulls managed to kick the quotes out of the downward trading channel…
Morning brief for April 21
It was a busy week so far and I hope you managed to make a few pips for yourself, or minimize your losses…
AUD/USD: aussie corrected to Kijun-sen
Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are in channel Tenkan-Kijun under a strong resistance of Kijun-sen and Senkou Span A.
EUR/USD: breakout SSB’s resistance
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are breaking out the resistance of SSB; local market is overbought.
CAD/CHF falling inside minor impulse wave (iii)
CAD/CHF falling inside minor impulse wave (iii) Next sell target - 0…
AUD/CAD rising inside intermediate impulse wave (3)
AUD/CAD rising inside intermediate impulse wave (3) Next buy target - 1…
EUR/USD: wave (iii) about to start
The main intraday target is 5/8 MM Level, which could be a departure point for wave (iii).
