Daily Market Analysis

CAD/JPY reached buy target 86…

GBP/JPY rising inside minor impulse wave (iii) Next buy target - 148…

Wave (v) of [v] has been ended, so the price is declining. There's a developing wave (i), which is likely going to be continued.

The price couldn't fixate above the "Window", so there's a bearish "Engulfing" pattern. The 21 Moving Average is acting as support.

There's a bearish "Tweezers", which has confirmation. However, we've got a bullish "Hammer", so the pair is likely going to...

Bulls faced resistance at 1.3013, so the pair is likely going to achieve the nearest support at 1.2976 - 1.2964.

The main trend is still bullish. The price is consolidating above support at 1.1425. However, bears are likely going to...

The pair is starting to recover from losses registered almost all June and it’s looking now to retrace at least 50% of the mentioned decline…

EUR/CHF rising inside minor impulse wave 5 Next buy target - 1…

AUD/NZD rising inside primary impulse wave ③ Next buy target - 1…

As we can see on the one-hour chart, the price is rising in wave (v) of [v] since a pullback from 1/8 MM Level happened.

There isn't any bearish pattern so far, cause all the last candles are bullish. Therefore, the market is likely going to...