Daily Market Analysis

There's a bearish 'Engulfing', which has been confirmed. Also, the pair fixated below the 'Window', so we should watch the...

If the market breaks the low of the last 'V-Bottom' (1.3011), there'll be a moment to have a downward correction...

GBP/JPY has been moving up since the start of January. The pair broke out of a bullish flag and reached new highs in the 145.00 area.

USD/CHF is indecisive between 1.0025 and 0.9985, where it consolidated for 2 days.

Let’s face it: the famous safe-haven Japanese yen is the most undervalued major currency right now.  Let’s find out the reasons behind this performance of the Japanese currency.

It's likely to have a local downward correction towards the support by the last 'Evening Star'. The subsequent pullback from this level...

We should watch the nearest resistance at 1.3231 as an intraday target. If a pullback from this level happens afterwards...

Volatility has greatly diminished in USD/JPY. The pair is consolidating in a narrow range on H4, and a breakout is coming.

AUD/CHF met resistance in the 0.7200 area and then turned down.

Finally, Bitcoin managed to leave the bearish consolidation zone…

If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...

There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...