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...
Daily Market Analysis
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…
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…
CAD/JPY reversed from support zone Next buy target - 85…
GBP/NZD broke key resistance level 1…
The market is likely going to test the upper 'Window" pretty soon. If any bearish pattern forms afterwards...