Daily Market Analysis

All the last candles are bullish. Meanwhile, if we see any bearish pattern in the coming hours, there'll be an opportunity to have...

The price is consolidating near 7/8 MM Level. Wave (iv) is likely going to end, so we could have bullish impulse in wave (v) of [v].

Bulls faced resistance at 1.3057, so the price is consolidating. Meanwhile, the pair is likely going to achieve resistance at 1.3077.

The price is consolidating between the levels 1.1679 - 1.1615. Nevertheless, bulls are likely going to reach the next resistance.

GBP/USD is now finding support around a key Fibonacci zone between the 50% and 65% levels…

USD/CAD reached sell target 1…

GBP/USD reversed the support area Next buy target - 1…

The last bearish "Shooting Star" led to the current decline. However, we've got a bullish "Doji", but this pattern hasn't been confirmed yet.

There are bullish patterns such an "Engulfing" and a "High Wave", but their confirmation is a quite weak. So, bears are likely going to...

Wave (iv) is probably taking the form of a flat pattern. The main intraday target is 6/8 MM Level. If we see a pullback from this level...

There's a consolidation, which is taking place near the 55 Moving Average. The main intraday target is resistance at 1.3057 - 1.3077.

Bulls faced resistance at 1.1679, which pushed the price lower. So, we should keep an eye on the closest support at 1.1654.