Daily analytical report (22/06/18)

  • The EURUSD pair is bouncing from the long-term upwards trend line after creating two daily pin bars. Sentiment is positive and the potential target for this upswing is 300 pips higher.
  • The AUDUSD pair is also reversing, but it is just a short-term movement as the long-term situation here is super negative with two bearish flags, a massive downwards trend, and many major resistances.
  • Silver is bouncing from the lower line of a symmetrical triangle pattern and horizontal support. In the short term, we also had a small false breakout. Everything looks ready for another upwards wave. The buy signal is on.

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