Daily Market Analysis

The 34 MA has acted as support, so there's a bullish "Harami", which has been confirmed. Therefore, we're likely going to have...

There's a possible ending diagonal pattern in wave [v] of C. Wave (v) of [v] is likely going to be continued, so we could have a new local high.

On the daily chart, USD/CAD has caught up with the convergence area of 1…

The price found resistance at 1.3119, so we've got a "V-Top" pattern. The main intraday target is the nearest support at 1.3057 - 1.2032.

Bulls faced resistance at 1.1464, so we've got a bearish "V-Top" pattern, which pushed the price to support at 1.1425. However, bears are likely going to...

AUD/NZD has been following a cycle started from the end of June and it’s currently in an extreme zone for bulls, as the price action had reached the area between 1…

AUD/USD broke multi-month resistance level 0…

AUD/CHF rising inside minor impulse wave 3 Next buy target - 0…

The 21 MA is acting as resistance. All the last candles are bearish, so there isn't any reversal pattern so far. Therefore, the pair is likely...

The 34 MA has acted as support, so we've got a "Hammer", but this pattern hasn't been confirmed yet.

There's a developing ending diagonal in wave [v] of C. Inside this pattern, wave (iv) may have been formed. So, there's an opportunity...

The price has broken the downtrend, but bulls faced resistance at 1.2967. Nevertheless, we're likely going to see the price even higher.