GBP/AUD broke resistance zone
GBP/AUD broke resistance zone Next buy target - 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD falling inside sharp (c)-wave
AUD/USD falling inside sharp (c)-wave Next sell targets - 0…
EUR/USD: wave (ii) on the way
There’s a possible flat pattern in wave (ii). Therefore, bulls are likely gong to deliver an impulse in wave c of (ii) during the day.
USD/JPY: bullish "Morning Star"
The 34 Moving Average acted as a resistance, so we’ve got a “High Wave”. However, there’s also a “Morning Star”.
EUR/USD: "Window" going to act as support again
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term.
Oil market overview
Oil prices rose to $54…
EUR/USD outlook after today’s Draghi’s speech
ECB Governor Mario Draghi made a scheduled speech earlier today…
Ahead of Donald Trump-Xi Jinping meeting
US President Donald Trump is meeting China’s President Xi Jinping at his Mar-a-Lago resort later today…
GBP/USD: bulls going to break "Triangle"
There’s a developing “Triangle”, so the market is likely going to achieve the nearest resistance at 1.2547.
EUR/USD: "Triple Bottom" pushing price higher
Bears faced a support at 1.0639. Also, there’s a “Triple Bottom”, so the market is likely going to rise towards the 34 Moving Average.
USD/CAD: bulls are forcing their way through
On the USD/CAD daily chart, a breakout of the resistance at 1…
USD/JPY: a further downfall is not ruled out
On the USD/JPY daily chart, the bulls failed to push quotes outside the downward trading channel…
