
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term.
In-depth technical & fundamental analysis for currencies & commodities
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term.
Oil prices rose to $54…
ECB Governor Mario Draghi made a scheduled speech earlier today…
US President Donald Trump is meeting China’s President Xi Jinping at his Mar-a-Lago resort later today…
There’s a developing “Triangle”, so the market is likely going to achieve the nearest resistance at 1.2547.
Bears faced a support at 1.0639. Also, there’s a “Triple Bottom”, so the market is likely going to rise towards the 34 Moving Average.
On the USD/CAD daily chart, a breakout of the resistance at 1…
On the USD/JPY daily chart, the bulls failed to push quotes outside the downward trading channel…
Traders were toiling like galleys slave overnight as there were plenty of economic releases that led to some intraday moves…
Expanding bullish Ichimoku Cloud, rising Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen; rising Tenkan-sen; the prices are in the support of Senkou Span A.
Expanding bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen and narrow channel of Tenkan-Kijun; the prices are under the Cloud and negative area, but there is a strong support on 1.0650/60.
AUD/NZD reversed from support area Next buy target - 1…
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