USD/JPY: pullback from the lower "Window"
We've got a "Tweezers" and a "Hammer", which both have been confirmed enough. So, the market is likely going to...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bearish "Harami"
The 55 Moving Average has acted as resistance, so we've got a bearish "High Wave" on this line.
GBP/USD: bulls going to test 89 MA
There's a "Double Bottom", which pushed the price towards resistance at 1.2705. In this case, the market is likely...
EUR/USD: bullish "V-Bottom"
The 89 Moving Average has acted as support, so we've got a bullish "V-Bottom". Therefore, the market is likely going to...
USD/CAD could resume the bearish bias at 100% Fibo level
Loonie has been recovering from June 14th lows and it was done in a double cycle…
USD/CAD reversed from support zone
USD/CAD reversed from support zone Next buy target - 1…
CAD/CHF reversed from resistance zone
CAD/CHF reversed from resistance zone Next sell target - 0…
EUR/USD: wave (i) about to end
As we can see on the one-hour chart, there's a possible wedge in wave (i). Wave iv is likely going to end soon.
USD/JPY: "Tweezers" pushing price higher
We've got a pullback from the nearest "Window", so there's an "Engulfing" pattern. In this case, the pair is likely going to...
EUR/USD: bullish "Engulfing"
The price got support by the lower "Window", so we've got a bullish "Harami" pattern, which has been confirmed enough.
GBP/USD: bearish "Pennant"
The last "Rising Wedge" has been broken. In this case, the pair is likely going to achieve the nearest support.
EUR/USD: bearish "Flag"
The price is consolidating along support at 1.1131. Also, there's a bearish "Flag", so the pair is likely...
