Daily Market Analysis

USD/CHF has been keeping intact bullish structure formed above the 200 SMA at H4 chart…

We've got a double zigzag in wave (b) and a bearish impulse in wave i. It seems like wave ii is going to end soon, so we could have...

Bulls faced resistance on the 144 Moving Average, so there's a bearish "High Wave" pattern, which has been confirmed. In this case...

All the Moving Averages have been broken, also there's resistance by the last "Three Methods" pattern.

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.