Daily Market Analysis

GBP/CHF reversed from support zone Next buy target - 0…

The reduction in the volume of buyers' trades has been the main protagonist of the price action in Bitcoin, as the resistance of 11339 remains firm and is a difficult barrier to break with the current momentum that we are observing in the short term…

The main bearish target is the lower "Window". If a pullback from this level happens, we could have an upward correction...

There's an opportunity to have a local correction towards the nearest support in the short term...

There's an opportunity to have a downward correction towards the closest support area at 1.3816 - 1.3799 in the short term...

It's likely that the market is going to continue moving up towards the next resistance at 1.2474 - 1.2509...

NZD/CHF reversed from the powerful support level 0…

AUD/CAD continues to trade in a bullish pattern formation at H1 chart, after having found a strong resistance near 1…

The bears finally took the reins of the Bitcoin movements and we see that in the short term there is a dynamic support offered by the 200-hour moving average…

There's a pullback from the 89 Moving Average. Therefore, the price is likely going to decline in the coming hours...

If a pullback from the Moving Averages happens little later on, there'll be an opportunity to have a new local high...

We could have a decline towards the nearest support at 1.3799 - 1.3763. If a pullback from this area forms little later on...