USD/CHF Fibonacci analysis: 0.9940 as a key level for buyers
There is a strong bearish bias in the USD/CHF and it has been forming a channel since mid-July…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY falling inside minor corrective wave 2
USD/JPY falling inside minor corrective wave 2 Next sell target - 110…
NZD/USD broke key resistance level 0.7370
NZD/USD broke key resistance level 0…
![EUR/USD: price is forming wave [v] of 3](/storage/article/2394/preview/kl20g6IFTGEd4Q92_2560x600_q70.jpg)
EUR/USD: price is forming wave [v] of 3
The main wave count has been changed. It seems like there's a developing flat pattern in wave [B].
USD/JPY: "High Wave" and "Tweezers"
The upper "Window" acted as resistance, so there's a "Harami", which has been confirmed. In this case, the pair is likely going to...
EUR/USD: bullish "Three Methods"
We've got a bearish "Engulfing", so the market is going to test the nearest support. Anyway, bulls will probably try to deliver a new high.
GBP/USD: "Pennant" pushed price higher
The price faced support at 1.2926, so there's a "Thorn" pattern. In this case, the pair is likely going to reach the nearest resistance.
EUR/USD: "Flag" pattern has been broken
Bulls went through the upper side of the last "Pennant" pattern. It's likely that we're going to see the price even higher.
USD/JPY Fibonacci analysis: close to test a strong support
USD/JPY has been following a bearish channel since last week and it looks like that the path is driving towards the Fibonacci retracement zone of 50% and 65% at 111…
USD/CHF broke multi-month support level 0.9550
USD/CHF broke multi-month support level 0…
EUR/USD rising inside minor impulse wave 5
EUR/USD rising inside minor impulse wave 5 Next buy target - 1…
USD/JPY: all the last candles are bullish
There are bullish patterns such a "Hammer" and a "Harami", which both have been confirmed. The upper "Window" is acting as resistance.
