Morning brief for July 13
The Canadian dollar is the major beneficiary in FX markets after the Bank of Canada raised its rates by 0…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
NZD/USD: bears targeting below 0.7200
Kiwi has been strong inside a bearish trend started since days ago…
USD/CAD broke key support level 1.2770
USD/CAD broke key support level 1…
AUD/CAD falling minor impulse wave 3
AUD/CAD falling minor impulse wave 3 Next sell target - 0…
USD/JPY: "Tweezers" and "Doji"
The nearest "Window" has been broken, so the price is declining. If we see any bullish pattern on the closest resistance, there'll be an option...
EUR/USD: bearish "Engulfing"
The 34 Moving Average has acted as support, so the market is likely going to test the next resistance in the coming hours.
EUR/USD: pullback from 7/8 MM Level
Wave [v] of C has turned out to be a diagonal pattern. It seems like wave (iii) has arrived, so bears are likely going to deliver wave (iv).
GBP/USD: bulls going to reach the next support
The price is consolidating near the last "Pennant" pattern. Also, there's support at 1.2817. In this case, the price is likely going to...
EUR/USD: bearish "V-top" pattern
We've got a "Double Top" pattern, which has been confirmed. Therefore, bears are likely going to test the 55 Moving Average in the short term.
EUR/USD: euro saw a ceiling
On the EUR/USD daily chart quotes reached target 88…
USD/CHF: franc entered the intersection
On the USD/CHF daily chart, there is a struggle for the important level of 0…
USD/JPY: Dollar is corrected to Cloud
Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the market in a correction phase to the Cloud.
