EUR/AUD has been trapped in a consolidation range and it’s trying to remain above the 200 SMA at H4 chart…
Daily Market Analysis
We've got an "Engulfing" and a "Belt hold" patterns on the 34 Moving Average. In this case, the market is likely going to...
The price reached the 144 Moving Average, so there's a bearish "Doji", which hasn't been confirmed enough.
The last "Flag" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance at 1.3345 - 1.3374.
The main trend is still bullish. The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern on this line.
Wave [ii] may have been ended, cause there's a pullback from 6/8 MM Level. So, there's an opportunity to have wave [iii].
US Dollar Index has been following to the bears against a basket of major currencies and it’s approaching to the 200 SMA at H1 chart, nearing to the Fibonacci level of 50% (92…
GBP/CHF rising inside minor impulse wave 3 Next buy target - 0…
GBP/USD reached buy target 1…
The 55 Moving Average is acting as resistance, so there's a bearish "Doji", which has been confirmed enough. So...
The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to...
7/8 MM Level has acted as resistance, so there's developing wave [ii]. If the price fixates above 6/8 MM Level little later on, there'll be...