Daily Market Analysis

We've got a new local low, but there isn't any reversal pattern so far. So, bears are likely going to test the "Window's" lower side.

There's a bearish correction. The last bullish "High Wave" pattern hasn't been confirmed yet, so...

On the daily chart, USD/CAD left the downtrend channel…

There's a "Double Bottom", so the price is rising. The main target is the nearest resistance at 1.3069 and the 55 MA.

Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.

EUR/NZD has been consolidating above the 200 SMA, gaining momentum across the board and looks forward to duplicating a cycle started from the last week of June, until the second week of July…

NZD/USD broke support level 0…

NZD/JPY reversed from resistance area Next sell target - 80…

There isn't any reversal pattern so far, so all the last candles are bearish. Moreover, there's a "High Wave" pattern, which...

The price is consolidating between the 34 & 55 MA. Also, there isn't any reversal pattern so far. In this case...

The price is consolidating under the broken downtrend. The 89 Moving Average is acting as support, but bears are likely going to...

There's a "V-Top" pattern, so the market is likely going to reach support at 1.1757 - 1.1727. However, if we see a pullback from this area...