Daily Market Analysis

Bulls faced resistance at 1.1529, so the market is likely going to test the nearest support at 1.1494 in the short term.

USD/JPY has been under pressure and still looks to complete the bearish correction that’s being held since last week…

EUR/AUD reversed from support area Next buy target - 1…

NZD/USD reversed from resistance zone Next sell target - 0…

There's a bearish "High Wave", which has been confirmed enough. So, the market is likely going to test the lower "Window".

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…