Europe is under pressure
Despite the prevalence of the pro-European parties, the situation did not become any brighter after the elections as a lot of factors put additional pressure on the Eurozone.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Information is not investment advice
USD/JPY: 'Window' acting as support
There's a bullish 'Hammer' pattern, which hasn't been confirmed enough. In this case, it's likely that the market is going to test...
EUR/GBP: 'Triangle' about to be broken
We should watch the next resistance at 0.8860 - 0.8885 as an intraday target. If a pullback from these levels happens next...
Trade ideas for EUR/JPY
EUR/JPY formed a “hammer” candlestick on D1.
USD/ZAR: correction has started
It looks like USD/ZAR has overdone its increase in the short-term
GOLD: price consolidating along 'Window'
There's a bearish 'Tower' pattern, which hasn't been confirmed yet. Thus, we should watch...
GBP/JPY: 34 Moving Average acted as resistance
There's a bearish 'Thorn' pattern, which pushed the market lower. Also, we've got a bearish 'Flag', so the pair is likely...
A trade idea for AUD/CAD
It looks like AUD/CAD formed an “Inverted Head and Shoulders” pattern on D1.
GBP/USD: we are still selling
GBP/USD is trading below the weekly pivot level at 1.2707.
EUR/USD: bullish 'Tweezers'
The market is likely going to test the 34 Moving Average in the coming days...
NZD/USD: 'V-Bottom' pushing price higher
It's likely to have a local downward correction in the coming hours. In this case, we should watch...
Short the CNH?
“Those who speculate and short the yuan will for sure suffer heavy loss…