EUR/USD: "Window" going to act as support again
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term.
Daily Market Analysis
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Oil market overview
Oil prices rose to $54…
EUR/USD outlook after today’s Draghi’s speech
ECB Governor Mario Draghi made a scheduled speech earlier today…
Ahead of Donald Trump-Xi Jinping meeting
US President Donald Trump is meeting China’s President Xi Jinping at his Mar-a-Lago resort later today…
GBP/USD: bulls going to break "Triangle"
There’s a developing “Triangle”, so the market is likely going to achieve the nearest resistance at 1.2547.
EUR/USD: "Triple Bottom" pushing price higher
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.
USD/CAD: bulls are forcing their way through
On the USD/CAD daily chart, a breakout of the resistance at 1…
USD/JPY: a further downfall is not ruled out
On the USD/JPY daily chart, the bulls failed to push quotes outside the downward trading channel…
Morning brief for April 6
Traders were toiling like galleys slave overnight as there were plenty of economic releases that led to some intraday moves…
GBP/USD: prices are fixed on Cloud
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.
EUR/USD: euro may return to Cloud
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
AUD/NZD reversed from support area Next buy target - 1…
