Daily Market Analysis

GBP/JPY rising inside intermediate impulse wave (3) Next buy target - 154…

USD/CAD has been recovering since September 8th session and it’s now consolidating gains above the 50 SMA at H4 chart…

We've got a "Shooting Star", but this pattern hasn't been confirmed yet. So, we could have a local downward correction.

The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. So, we could have...

There's a "Double Top", but the price is consolidating. It's likely that bears are going to reach the nearest support at 1.3374...

We've got a "Triple Top", so the market has plunged. In this case, we should keep an eye on the next support at 1.1837 - 1.1822...

Wave 4 turned out to be bigger, so 5/8 MM Level is likely going to be tested once again. If a pullback from this level arrives later on...

NZD/CHF rising inside minor impulse wave 3 Next buy target - 0…

NZD/CAD broke combined resistance area Next buy targets - 0…

EUR/AUD has been correcting the cycle initiated from July’s lows and looks forward to gather momentum in order to reach new highs across the board…

We've got a pullback from 5/8 MM Level, so wave 4 has been ended. The price is rising, so we could have a bullish impulse in wave 5.

The price reached the 34 Moving Average, so there's an opportunity to have a local bullish correction. However, bears are likely going to...