Daily Market Analysis

AUD/USD is starting to retrace from June 14th highs and it’s now heading to a key demand zone established by the 50% Fibonacci retracement level, given that it reached an extreme zone in the upside which coincides with the 100% Fibonacci expansion level…

CAD/JPY reversed support zone Next buy target - 85…

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

The price is still consolidating under 4/8 MM Level. The main target for wave (i) is 3/8 MM Level, which could be a departure point for...

We've got a bearish "Tweezers", which has been confirmed enough. Therefore, the pair is likely going to test the lower "Window".

The lower "Window" acted as support once again. However, we've got a "Shooting Star" on the 55 Moving Average.

There's a consolidation, which is taking place below resistance at 1.2705. So, the pair is likely going to achieve the 34 MA.

The price is consolidating near the 55 Moving Average. It seems like bulls are going to test the 34 MA.

Gold is hovering around a key area where buyers could appear to push higher the precious metal, according to our mid-term Fibonacci projections…

AUD/NZD falling inside minor impulse wave (iii) Next sell target - 1…

CAD/JPY reversed support zone Next buy target - 85…

We've got a pullback from 4/8 MM Level, so wave 2 may have been formed. Also, wave (i) is about to end, so...