Daily Market Analysis

EUR/USD reached buy target 1…

The last "Shooting Star" led to the current bearish correction. However, we've got a bullish "Harami", so we're likely going to have...

There's a "High Wave" pattern at the last high. However, bulls are likely going to test the 89 Moving Average. If we have a pullback...

Wave [iv] has been ended on 1/8 MM Level, so we've got an upward impulse in wave (i). In this case, we could have...

The 55 Moving Average has acted as resistance, so we've got a "V-Top" pattern on this line. Therefore, bears are likely going to...

The last "Pennant" has been broken, so bulls pushed the price higher. Also, we've got a "V-Top" pattern, so the price is consolidating.

USD/JPY has been reading a bearish sequence across the board and currently, a sideways range has appeared in the scene, helping to cap further advances in the pair above the resistance level of 109…

EUR/JPY rising inside minor impulse wave 5 Next buy target - 131…

CHF/JPY reversed from combined support zone Next buy target - 115…

The 55 MA has acted as support, so we've got a bullish "Harami" on this line. However, there's also a "Shooting Star" pattern, so...

The last bearish "Harami" hasn't been confirmed enough. so it seems like we could have just a local decline. So, we should...

There's a possible double zigzag pattern in wave (b), so we've got a bearish impulse in wave i. Therefore, we're likely going to...