Gold prices took a break
On the daily chart of gold, there is a desperate struggle for an important level $1,286…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Morning brief for April 19
The women are inconstant, unpredictable creatures, what can I say…
AUD/USD: bulls have lost a game
Narrow bearish Ichimoku Cloud, Senkou Span A and B are horizontal; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are on the support of the bottom Cloud’s border.
EUR/USD: euro tested SSB’s resistance
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are tested the resistance if upper border of the Cloud.
GBP/CHF broke pivotal resistance level 1.2640
GBP/CHF broke pivotal resistance level 1…
GBP/CAD rising inside intermediate impulse wave (3)
GBP/CAD rising inside intermediate impulse wave (3) Next buy targets - 0…
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.
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”.
