EUR/USD: wave (ii) going to move on
Wave (ii) has turned out to be deeper. However, the bearish wave count is still on the table.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: bearish "Shooting Star"
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
EUR/USD: bulls going to test "Window"
The last bullish “Hammer” led to the current upward price movement.
USD/JPY: yen returned to the convergence zone
On the USD/JPY daily, the quotes reached the lower border of the downward trading channel, but, then, they returned 108…
USD/CHF: franc is at a crossroads
On the EUR/JPY daily chart, quotes fell to the lowest level since November 2016…
GBP/USD: price going to test Moving Average
There’s a “V-Top” pattern, which has been confirmed. Also, we’ve got a bearish “Flag”.
Morning brief for April 18
The biggest market-moving event in the past sessions was Steve Mnuchin’s interview with the Financial Times…
EUR/USD: bearish "Flag"
The price is still moving up and down in a range of the developing “Triangle” pattern.
NZD/CAD reversed from powerful support zone
NZD/CAD revered from powerful support zone Next buy target - 0…
NZD/USD rising inside impulse wave 3 and (3)
NZD/USD rising inside impulse wave 3 and (3) Next buy targets - 0…
EUR/USD: bears ready for wave (iii)
There’s a diagonal tringle in wave c of (ii), which led to form a wedge in wave i of (iii).
Oil market overview
Crude oil edged down in a subdued trading on Monday as investors are still digesting expansion of the US crude oil production…
