EUR/CHF may form a triple top
For 3 weeks in a row, EUR/CHF tried to close above the resistance line connecting October and February highs and failed.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
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EUR/USD: bullish 'Three Methods' pattern
It's likely that the market is going to test the 34 Moving Average in the short term...
AUD/USD: price consolidating under Moving Averages
There's a bearish 'Thorn', so the price is likely going to reach the nearest support at 0.6947 in the near future...
USD/JPY: 'Hammer' right above the 'Window'
So we're likely going to have a local upward correction towards the upper 'Window' (111.09)...
USD/CHF: confirmed 'Double Top' pattern
The 89 Moving Average has acted as support. Even so, the market is likely going to reach the next support...
GBP/CHF has one way
There are many ways to bet on the decline in the British pound.
GOLD: price consolidating along 'Window'
The last 'Tweezers' and 'Shooting Star' hasn't been confirmed yet, so it's still possible to have a test of the local upper 'Window'...
EUR/GBP: 'V-Top' pattern
We've got a bearish 'Thorn', so the market is likely going to test the nearest support 0.8543 - 0.8556 in the short term...
USD/CAD is volatile
The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.
AUD/NZD failed at resistance
AUD/NZD spiked to 1.0720 this week after the Reserve Bank of New Zealand cut interest rate but then quickly retreated back to 1.06.
Euro: long-term projections
Recent European economic data seemed to bring optimism to the euro area.
USD/CAD: price to test Moving Averages
The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far...