Daily Market Analysis

EUR/USD reversed from resistance zone Next sell target - 1…

There's a bullish "Harami", which has been confirmed, so the price reached the 21 MA. However, there's no any bearish pattern...

There's no any reversal pattern so far, which means the pair is likely going to continue moving down in the short term...

The pair is likely going to test the 89 Moving Average soon. If a pullback from this line arrives afterwards, there'll be an opportunity...

The main intraday target is the nearest support at 1.2332 - 1.2296. If a pullback from this area happens little later on...

The marker is likely going to reach the 21 Moving Average. If a pullback from this line happens little later on...

Bulls are likely going to test the upper "Window". If this level acts as resistance, bears will probably try to test the next support area...

We should keep an eye on the nearest support at 1.3915 as an intraday target. If a pullback from this level happens afterwards...

The pair is likely going to test the closes support at 1.2355 - 1.2325. However, if a pullback from these levels arrives little later on...

We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term...

The market is likely going to test the 21 Moving Average. If a pullback from this line happens little later on...

We're likely going to have a downward correction. It's likely that bears are going to test the closest support at 1.4066 during the day...