Daily Market Analysis

We could have just a local correction and the following upward price movement afterwards...

There's a bullish "Engulfing", but this pattern hasn't been confirmed. So, the pair is likely going to test the lower "Window"...

The price is likely going to reach the nearest support at 1.3386 - 1.3363 in the coming hours. If a pullback from this area happens afterwards...

The price has broken all the Moving Averages. However, bears faced with support at 1.1836. In this case, the pair is likely going to...

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the market is in correction phase and may testing Kijun’s support.

The pair remains strong in a bullish bias held since November 28th session and according to our projections, EUR/NZD is expected to find buyers at the current stage…

GBP/CHF reversed from powerful resistance level 1…

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

There're bearish patterns like a "Doji" and a "Shooting Star". So, we're likely going to have a local bearish correction...

The main intraday target is the 89 Moving Average. If a pullback from this line happens...

If this pattern confirms, bears are likely going to reach the nearest support at 1.3513 - 1.3480...

The pair is likely going to achieve the closest resistance at 1.1975 - 1.2003 during the day...