EUR/USD reversed from support zone
EUR/USD reversed from support zone Next buy targets - 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: 6/8 MM Level as important resistance
6/8 MM Level is likely going to act as resistance once again. If we see another pullback from this line, wave (i) is going to be continued.
USD/JPY: "Window" acting as support
The market is consolidating along the "Window". Also, there's a "High Wave" pattern at the local high.
EUR/USD: bulls going to test last high
The 55 Moving Average and the lower "Window" have acted as support, so we've got a "Three Methods" pattern on this line.
GBP/USD: resistance waiting for bulls
The 55 Moving Average has acted as support, so we've got a "Double Bottom" on this line.
EUR/USD: bulls going to test down trend
There's a "Triple Bottom", so the market is likely going to test resistance near the downtrend.
AUD/NZD reversed from powerful support zone
AUD/NZD reversed from powerful support zone Next buy target - 1…
AUD/CHF reached buy target 0.7320
AUD/CHF reached buy target 0…
EUR/USD: bearish correction on the way
The price is rising in wave [C] of ii. The main intraday target is 6/8 MM Level.
USD/JPY: "Hammer" and "Inverted Hammer"
The 55 Moving Average has acted as a support, so we've got an "Inverted Hammer", which has been confirmed enough.
EUR/USD: bullish "Hammer"
There's a bullish "Hammer", so the price is likely going to rise towards the closest "Window".
GBP/USD: bearish "Pennant"
The 55 Moving Average is acting as a support. Also, there's a "V-Bottom", so the price is consolidating.
