Daily Market Analysis

We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.

The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...

GBP/USD found a demand area between 1…

CHF/JPY broke powerful resistance level 115…

CAD/JPY reached buy target 85…

There's a developing impulse in wave C of (E). The main bullish target is +1/8 MM Level, which could be a departure point for an impulse wave.

The 34 MA has acted as support, so we've got a bullish "Hammer" on this line. If this pattern confirms, the price is likely going to...

The price has been rising since a pullback from the nearest Moving Average happened. Also, there isn't any bearish pattern so far.

The price found resistance at 1.2757, so bears achieved support at 1.2705. In this case, the market is likely going to...

Bears faced support on the 34 MA. So, the pair is likely going to reach the next resistance at 1.1219 - 1.1227 during the day.

USD/JPY remains favored by the bullish bias, which strengthened after the formation of a bullish divergence in the RSI indicator two weeks ago…

NZD/JPY broke resistance zone Next buy target - 82…