EUR/USD: euro may go higher
Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on support of Tenkan-sen and Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/NZD reached buy target 1.0850
AUD/NZD reached buy target 1…
EUR/AUD reversed from strong resistance level 1.4640
EUR/AUD reversed from strong resistance level 1…
EUR/USD: bears ready for wave (iv)
Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction.
USD/JPY: "Window" going to act as resistance
The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term.
EUR/USD: "Shooting Star" launched correction
The price has tested the nearest resistance ones again. Also, we’ve got a “Shooting Star”.
GBP/USD: "Double Top" stopped bulls
Bulls faced a resistance at 1.2945, so we’ve got a “Double Top”, which has been confirmed by the last “Exhaustion Gap”.
EUR/USD: possible "Triple Top"
The price is still consolidating under a resistance at 1.0951. Also, there’s a developing “Triple Top”.
USD/CAD reached buy target 1.3600
USD/CAD reached buy target 1…
GBP/CAD broke resistance level 1.7540
GBP/CAD broke resistance level 1…
EUR/USD: outlook for May 1-5
EUR/USD opened the week with a bullish gap on the news that a pro-European candidate Emmanuel Marcon won the most votes in the first round of French presidential election…
US dollar: outlook for May 1-5
The US dollar opened the week with a bearish gap formed on the first round of French presidential election…
