USD/JPY: outlook for April 3-7
USD/JPY tested 110…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/USD: outlook for April 3-7
It’s official: Brexit has started! The British pound hit its 8-day low at 1…
EUR/USD: outlook for April 3-7
During the past week, EUR/USD touched levels above 1…
US dollar: outlook for Aril 3-7
During the past week, the US dollar index (DXY) tested levels below 99…
NZD/CAD approaching support level 0.9270
NZD/CAD approaching support level 0…
AUD/NZD rising inside minor impulse wave 3
AUD/NZD rising inside minor impulse wave 3 Next buy target - 1…
USD/JPY: bearish "Doji"
The 55 Moving Average acted as a resistance, so we’ve got a “Doji” on this line. Considering a confirmation of this pattern, the market is likely going to test the nearest support.
EUR/USD: bearish "Three Methods"
The pair has been declining since a “Harami” was formed at the last high. Also, there’s a developing “Three Methods” pattern.
Key option levels for Friday, March 31st
Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels.
Gold: bulls are losing their control
On the daily chart of gold, the bulls failed to update the February high, and at the present time, there is a correction to the uptrend…
USD/JPY: the yen met the dragon
On the USD/JPY daily chart, quotes went our from the downward trading channel and broke up the resistance area of 111…
GBP/USD: bears can't stop
The price met a support at 1.2382, so the market is consolidating on the one-hour chart. Meanwhile, bears are likely going to continue pushing the pair even lower.
