GBP/JPY has started a corrective phase on June 20th as it managed to find a top around 142…
Daily Market Analysis
GBP/CAD reversed from resistance zone Next sell target - 1…
GBP/CAD reversed from resistance zone Next sell target - 1…
GBP/AUD falling inside minor impulse wave 1 Next sell target - 1…
We've got a bearish "Harami" at the local high. Therefore, bears are likely going to test the 21 and 55 Moving Averages.
The upper "Window" acted as resistance, so we've got an "Engulfing" on this level. At the same time, there's a "Doji".
There's a pullback from 3/8 MM Level, so we've got a downward impulse in wave i. Wave ii is about to end, which means...
There's a developing "Rising Wedge". The price is testing the lower side of this pattern.
There's a "Double Bottom", which has been confirmed. In this case, bulls are likely going to reach the closest resistance.
Bulls are trying to gain traction in the NZD/USD pair around 0…
USD/JPY reversed from support zone Next buy target - 112…
AUD/JPY reached buy target 84…