Daily Market Analysis

It's likely that the market is going to test the nearest support at 1.3763 - 1.3739, which could be a starting point for a bullish correction...

The price is likely going to continue moving lower. At the same time, there's an opportunity to have an upward correction little later on...

EUR/JPY reversed from resistance zone Next sell target - 132…

USD/CHF broke key resistance level 0…

EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart…

The sellers are being held by the moving average of 200 and by the Fibonacci level of 50% in 8640…

We should keep on track the 55 Moving Average as an intraday bearish target...

We could have an upward correction in the short term. However, if a pullback from the nearest resistance happens next...

The market is likely going to test the closest support at 1.3873 - 1.3856. Meanwhile, if a pullback from this area happens little later on...

It's likely that the market is going to test the next support at 1.2129 - 1.2080, which could be a departure point for a bullish correction...

GBP/JPY managed to make a rebound around the Fibonacci level of 65% at 150…

We have seen that the bears have resumed the reins of the price action in Bitcoin, which is trading below the 50-hour moving average, after having encountered resistance at the level of 9609…