AUD/USD broke support zone
AUD/USD broke support zone Next sell target - 0…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bearish correction just around the corner
If a pullback from the upper side of the current ending diagonal happens, there’ll be time for correction.
USD/JPY: bulls going to push price higher
Considering that there isn’t any reversal pattern so far, the price is likely going to climb even higher.
EUR/USD: consolidation going to move on
We’ve got a pullback from the 89 MA. However, there’s a “Shooting Star”, but a confirmation of this pattern is a quite weak.
GBP/USD: bears going to test nearest support
We’ve got a “Double Top”, which has been confirmed by the last “Pennant”. The 89 Moving Average is acting as a support.
EUR/USD: possible "Triple Top"
The price is still consolidating near the upper side of the current “Wedge”. At the same time, there’s a possible “Triple Top”.
AUD/CHF reversed from resistance zone
AUD/CHF reversed from resistance zone Next sell target - 0…
AUD/CAD reached buy target 1.0330
AUD/CAD reached buy target 1…
USD/JPY: "Window" waiting for bulls
The price is still moving up, so bulls are likely going to meet with the upper “Window” soon.
EUR/USD: bearish patterns
We’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Tower”.
EUR/USD: another pullback from 7/8 MM Level
An upward zigzag in wave y of (iii) has been ended, so the price found a lodgment under 7/8 MM Level.
GBP/USD: technical outlook from banks
Commerzbank Commerzbank’s analysts remain their neutrally positive technical outlook for GBP/USD in the short-term…
