Daily Market Analysis

There's a "Shooting Star", which has been formed at the last high. So, the market is likely going to test the nearest "Window" during the day.

We've got a bullish "High Wave", but confirmation of this pattern is a quite weak. Therefore, the market is likely going to test the 55 MA.

There's a pullback from 3/8 MM Level, so the price is declining in wave [i]. The main intraday target is 0/8 MM Level, which could be...

The price is moving up and down between the Moving Averages. It seems like bears are ready to reach the next support.

There's a consolidation, which is taking place near the 34 Moving Average. However, the pair is likely going to...

EUR/USD is currently performing a corrective move from last week’s highs, as part of the bullish bias developed after a strong rebound around the 200 SMA at H1 chart…

EUR/CAD broke support area Next sell target - 1…

CAD/CHF broke resistance zone Next buy target - 0…

The price fixated above the "Window", so there's a bullish "High Wave" pattern, which hasn't been confirmed yet.

There are two bearish "Three Methods" patterns in a row. In this case, the market is likely going to decline towards the lower "Window".

There's a bearish impulse, which could be wave (i), so bulls are likely going to deliver wave (ii) in the coming hours.

The price is consolidating between the 34 & 55 Moving Averages. So, bulls are likely going to reach the closest resistance.