Daily Market Analysis

The price is consolidating near the 89 Moving Average, so bulls are likely going to test the nearest resistance at 1.2964 - 1.2976.

The 34 MA has acted as support, so the price is consolidating. Also, there's a "V-Top" pattern, which has been confirmed.

EUR/GBP is very close to a strong buy zone that has been formed during recent days, as the pair is following a bullish bias…

GBP/USD falling inside intermediate impulse wave (3) Next sell target - 1…

USD/CHF reached sell target 0…

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…