GBP/USD: testing highs again
Expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are under strong resistance.
Daily Market Analysis
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NZD/USD broke major support level 0.6900
NZD/USD broke major support level 0…
GBP/NZD rising inside sharp C-wave
GBP/NZD rising inside sharp C-wave Next buy target - 1…
USD/JPY: "Engulfing" pushing price towards "Window"
The lower “Window” has acted as a support, but the last bearish “Engulfing” pattern is still on the table.
EUR/USD: "Window" going to act as support again
The market is likely going to test the nearest “Window”, which could act as a support.
USD/CAD, USD/MXN: what happens when Trump changes his mind
Mexican Peso and loonie made intraday reversals after President Donald Trump said he wasn’t going to terminate NAFTA at this time, just a day after his administration had been considering an executive order exiting this trade union as early as Trump’s…
EUR/USD: wave (iv) started
Wave (iii) has been ended on 7/8 MM Level, so it’s time for correction.
5 near-term risks to oil prices
US crude oil inventories have finally started to decline…
EUR/JPY: bulls won the battle
On the EUR/JPYdaily chart, after reaching 161…
GBP/USD: will the pound leave the ledge?
On the GBP/USD daily chart, "bulls" are trying to implement the "Splash and ledge" pattern…
GBP/USD: "V-Top" pushing price lower
Considering the last “V-Top” pattern, the market is likely going to reach the nearest support at 1.2726.
EUR/USD: "Double Top" stopped bulls
Bulls faced a resistance at 1.0951, so we’ve got a “Double Top”, which pushed the price to the “Wedge” pattern.
