USD/JPY: next "Window" waiting for bulls
We've got a bearish "Engulfing", but a confirmation of this pattern is quite weak.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: price reached "Window"
The current bearish correction is continuing, so the price reached a "Window" and the 55 Moving Average.
GBP/USD: "Rising Wedge"
Bulls found resistance at 1.2995, which pushed the price a little bit lower. Also, we've got a "Rising Wedge".
EUR/USD: bears broke local trend
The price is still declining, but bears faced support on the 55 Moving Average.
USD/JPY: bulls will make a stop
Recommendation BUY 112…
USD/CAD: loonie went to Sweet Zone
Recommendation: SELL 1…
GBP/CHF broke pivotal resistance level 1.2890
GBP/CHF broke pivotal resistance level 1…
USD/JPY broke daily down channel
USD/JPY broke daily down channel Next buy target - 115…
EUR/USD: bearish impulse arrived
There's a pullback from 6/8 MM Level, so wave 2 may have been ended like a double zigzag.
USD/JPY: bullish "Three Methods"
The market is likely going to continue moving up in the direction of the next resistance level.
EUR/USD: bears going to test next "Window"
Bears have reached the "Window", so if any bullish pattern arrives, there'll be an opportunity to have a correction.
GBP/USD: bearish "Flag"
We've got a "Double Top" pattern, which has been confirmed by the last "Flag". The 55 Moving Average acted as support.
