EUR/USD: wave (iii) about to end
Wave 2 may have been formed, cause there's a pullback from 4/8 MM Level. Also, there's a bearish impulse in wave (i).
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: support by the nearest "Window"
The last bullish "Engulfing" has been confirmed strongly, but we've got a bearish "Engulfing", which has a quite weak confirmation.
EUR/USD: "Tower" and "High Wave" patterns
The price is consolidating along the "Window". Also, there's a bullish "Three Methods", which hasn't been confirmed yet.
GBP/USD: resistance waiting for bulls
The price is consolidating under the 34 Moving Average, so there's a possible developing "Rising Wedge" pattern.
EUR/USD: bears going to test nearest support
There's a "Triple Top", which has been confirmed. In this case, the market is likely going to achieve the closest support.
USD/JPY close to a strong demand zone around 109.80
USD/JPY has been following a bullish bias and an impulsive structure is being developed since June 14th…
AUD/CHF broke daily down channel
AUD/CHF broke daily down channel Next buy target - 0…
AUD/USD broke resistance zone
AUD/USD broke resistance zone Next buy target - 0…
EUR/USD: pullback from 1/8 MM Level
A bullish impulse in wave [c] of 2 may have been formed. Also, there's a small bearish impulse in wave (i).
USD/JPY: "Three Methods" pattern
We've got a bullish "Engulfing", which has been confirmed. Also, there isn't any reversal pattern so far.
EUR/USD: "Tower" and "High Wave"
There's a "High Wave", which has been confirmed enough. Also, we've got an unconfirmed "Shooting Star".
GBP/USD: consolidation along the MA
There's a developing "Rising Wedge", so the price faced resistance on the 34 Moving Average.
