The market is consolidating along the Moving Averages. Previously, we had a 'Three Methods' pattern, which has been confirmed...
Daily Market Analysis
There's a 'Triple Top' pattern, which pushed the price lower, so all the Moving Averages have been broken...
Last week NZD/USD made a significant thrust to the downside.
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
AUD/NZD experienced an impressive rally since the end of March.
The market has been rising since the last 'Pennant' pattern formed. However, there's a 'V-Top' pattern, which has been confirmed...
Citigroup stock jumped this week after the bank released its financial results for Q1.
The market has shown that EUR/USD remains a sell on its attempts to recover.
There're bearish patterns such a 'Shooting Star' and an 'Engulfing', which both have been confirmed...
It's likely that the pair is going to test the nearest support at 0.8598 and the Moving Averages...
EUR/CHF met resistance at the 50-week MA around 1.14. The Moving Average has recently formed a “dead cross” with the 100-week MA.
CHF/JPY has been consolidating within a pennant formation since February.