Daily Market Analysis

The last "Double Top" pattern led to a massive decline. The main intraday target is the closest support 1.2793 - 1.2768.

The price is consolidating near the Moving Averages. Also, there's a bearish "Pennant" pattern, so the pair is likely going to...

GBP/CAD broke major support level 1…

NZD/CAD broke powerful support level 0…

AUD/USD has been trading above the 200 SMA at H1 chart and it made a rebound above the demand zone established by our Fibonacci retracement between the 0…

We've got a wedge in wave (a) and a double zigzag in wave (b), so the price is declining in wave i of (c).

We've got a bullish "High Wave" and an "Engulfing". So, the price is likely going to test the 144 Moving Average, which could be...

We've got a bearish "Harami", which has been confirmed, so the market is likely going to test the 89 Moving Average.

There's a consolidation, which is taking place near the Moving Averages. The market is likely going to reach the closest support.

The price is consolidating under the previously broken trend line. So, the pair is likely going to test the 34 Moving Average.

Oil (WTI) didn’t achieve to consolidate its gains above the 200 SMA at H1 chart and around that area, it found dynamic resistance; a move that was confirmed with a double top pattern…

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