Daily Market Analysis

If a pullback from the 55 Moving Average happens next, there'll be time for a decline towards the nearest support at 1.1680...

The pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line arrives little later on...

If a pullback from the closest support at 1.1679 - 1.1661 happens in the coming hours, there'll be an opportunity to have...

GBP/NZD reversed from support area Next buy target - 1…

NZD/JPY reversed from support zone Next buy target - 77…

The main intraday target is the upper 'Window' (109.80). A pullback from this level could be a starting point for another decline...

There's a bullish 'Hammer', which has been confirmed. Therefore, the market is likely going to achieve the upper 'Window'...

Bulls faced with resistance at 1.3344, so there's a 'V-Top' pattern. Nevertheless, the pair is going to test the next resistance...

It's likely that the market is going to test the next resistance at 1.1762 - 1.1799, which could be a departure point...

On H1, the inability of bulls to return EUR/USD inside the downtrend channel or break resistance at 1.1715, will increase the risks of getting to 161.8% target of the “Shark”.

USD/CHF falling inside minor C-wave Next sell target - 0…

AUD/NZD broke daily up channel Next sell target 1…