Daily Market Analysis

The market is likely going to test the nearest resistance at 1.2405 - 1.2434 in the short term...

EUR/CAD reversed from support zone Next buy target - 1…

EUR/USD reversed from support zone Next buy target - 1…

It's likely that wave [iv] is going to end soon, so we could have wave [v] inside the pattern in the short term...

Considering that there's no any reversal pattern, the price is likely going to continue declining...

There's an opportunity to have a bearish correction on EURUSD anytime soon...

If a pullback from the nearest resistance at 1.3895 - 1.3944 happens, we could have a bearish price movement...

The main intraday target is the next resistance at 1.2358 - 1.2384. If we have a pullback from this area...

GBP/AUD reversed from resistance zone Next sell target - 1…

CAD/JPY broke support zone Next sell target - 85…

Wave 5 of (C) might have been formed. Therefore, there's an opportunity to have wave 1 in the short term...

The pair is likely going to test the Moving Averages, which could be a departure point for another bearish price movement...