Daily Market Analysis

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...

EUR/USD has made a rebound on a key demand zone for buyers in the short-term…

EUR/NZD reversed from support zone Next buy target - 1…

NZD/CHF falling inside primary impulse wave ③ Next buy target - 0…

It's likely that wave [iv] is taking the form of a double three pattern. If so, wave (x) is going to test 2/8 MM Level. However...

We've got a pullback from the upper "Window", so there's a "Shooting Star". However, confirmation of this pattern is a quite weak, so...

The last "Shooting Star" and "Engulfing" patterns have been confirmed, but the 34 Moving Average has acted as support.

The main intraday target is the next support at 1.2997 - 1.2982. This area could be a departure point for a bullish price movement...

There's consolidating, which is taking place under resistance at 1.1801. However, bears are likely going to achieve...

GBP/USD was one of the major losers during last week, following BoE’s decision to keep rates unchanged and positive NFP data in the United States…