GOLD: 'Shooting Star' led to decline
There's a 'Doji', which has been formed above the lower 'Window'. Thus, it's likely to have a local upward correction towards...
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
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EUR/GBP: 'V-Bottom' pushed the market higher
It seems like there's a developing 'Flag' pattern. If so, the market is likely going to test the next support...
AUD/USD continues the downtrend
The last support is located at 0.7020.
EUR/JPY looks vulnerable
There are reasons to think that the upcoming move will be to the downside.
USD/CAD: 89 Moving Average acted as support
We've got a 'Hammer' pattern, which has been confirmed. There's no any reversal pattern so far, but it's likely to have...
GBP/JPY: pair to test the nearest support
There's a 'Head & Shoulders' pattern, which has been confirmed. Thus, the pair is likely going to...
USD/CAD: a positive impulse
USD/CAD recovered last week from the 2018 support line in the 1.3150/00 area.
USD/JPY: price to reach the upper 'Window'
The price has broken the Moving Average lines because of the last 'Three Methods' pattern. It's likely that the market is going to...
NZD/USD: 'Double Top' pushed price lower
It seems like there's a developing 'Falling Wedge' pattern. Thus, it's likely that the pair is going to test the nearest resistance...
GBP/CHF was rejected down
GBP/CHF got capped last week by the descending 200-week MA at 1.3320.
CAD/JPY is under attack
CAD/JPY failed to close last week around the high of 85.20.
EUR/USD: 'Shooting Star' pattern
It's likely that the pair is going to test the nearest resistance at 1.1375. The subsequent pullback from this level could lead to...