Daily Market Analysis

NZD/USD rising inside intermediate impulse wave (3) Next buy targets - 0…

There's a possible flat pattern in wave (ii). Also, we've got a developing diagonal triangle in wave c of (ii). Therefore...

The 21 Moving Average has acted as support, so we've got a "Tweezers" and a "Hammer", which all have been confirmed.

The price tested the nearest resistance once again, so we've got a bearish "Tweezers" on this level.

The price found resistance at 1.2757, but bulls are likely going to reach the next resistance at 1.2817 in the short term.

Bulls faced resistance at 1.1212, so the price is consolidating. Also, we've got a "Pennant" pattern, so the pair is likely going to...

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.