Daily Market Analysis

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.

The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern, which pushed the price to resistance at 1.1425.

EUR/USD is currently trading inside a strong demand zone that has been established by our Fibonacci’s projections…

EUR/USD is currently trading inside a strong demand zone that has been established by our Fibonacci’s projections…

CAD/CHF reached buy target 0…

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

Wave (iv) took the form of a double zigzag. Therefore, the market is likely going to form another zigzag.

We've got a bullish "Harami", which has been formed on the lower "Window". So, the pair is likely going to test the upper "Window".

The 144 MA acted as support, so there's an "Engulfing" pattern, which hasn't been confirmed yet. In this case, bulls are likely going to...

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

There's a "Thorn" pattern, which has been formed on the 89 Moving Average. In this case, the market is likely going to...