EUR/USD ran into an obstacle
EUR/USD ran into a bunch of resistance levels between 1.1375 and 1.1420.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Information is not investment advice
XAU/USD keeps falling down
It seems that the gold is finally into the bearish correction.
AUD/USD: 'Double Top' led to decline
There's a local 'V-Top' pattern, so the market is likely going to continue declining towards the next support...
GBP/USD: price fixated above Moving Averages
There's a bearish 'Harami', which hasn't been confirmed yet. In this case, we should watch the nearest support...
USD/CHF: broken 'Triangle'
There's 'Thorn' pattern, so the market is going to test the nearest resistance 1.0023 and the Moving Averages...
GOLD: 'Window' acted as resistance
It's likely that the market is going to reach the nearest important support at 1294.31 in the coming days...
EUR/GBP: 'Double Top' led to the current decline
There's a 'V-Bottom', so it's likely that the market is going to test the nearest significant resistance...
XAU/USD is testing support
XAU/USD formed a pin bar on W1 — such candlestick usually marks a reversal to the downside.
EUR/USD: what do the fundamentals say?
Does the euro have a chance to strengthen versus the USD or should it, on the contrary, get to lower levels?
USD/CAD: pair to reach previously tested support
There're bearish patterns such a 'Harami' and an 'Engulfing', which both have been formed below the upper 'Window'...
NZD/USD: confirmed 'Triple Bottom' pattern
There's a 'Flag', so the market is likely going to reach the previously tested resistance by the 'Triple Top' pattern...
EUR/CAD: a short-term scenario
EUR/CAD tested 1.5040 yesterday but then closed below 1.50.