Daily Market Analysis

We've got a confirmed "Double Top", but there's a pullback from support at 1.3164. Therefore, the pair is likely going to...

The main trend is still bullish. The 34 MA has acted as support, so the price is likely going to reach the nearest resistance...

GBP/CAD still hovers below the 200 SMA at H1 chart and looks like it can resume the bearish bias soon, as the pair is currently finding resistance in the supply zone established by the Fibonacci retracement levels of 50% and 65% at 1…

GBP/JPY broke resistance zone Next buy target - 145…

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

The 34 Moving Average is acting as support, so we've got a bullish "Hammer" at the local low. However...

The price reached the upper "Window", but there isn't any reversal pattern so far. Moreover, there's a possible bullish "Three Methods".

8/8 MM Level has acted as resistance, so we've got a bearish impulse in wave (a). Also, there's a pullback from 5/8 MM Level, so...

Bulls faced with resistance at 1.3223, so the price tested the nearest support at 1.3164. In this case, the pair is likely going to...

The 34 Moving Average has acted as support, so the price is consolidating. Therefore, the market is likely going to test the 89 MA.

EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1…

GBP/USD reached buy target - 1…