Daily Market Analysis

We've got a couple of pullbacks from 8/8 MM Level, so wave [y] of 2 may have been formed.

The price faced support at 1.2865, but the market is likely going to continue falling down in the direction of the next support.

The price is consolidating between resistance at 1.1267 and support at 1.1171. Also, there's a triangle.

GBP/CHF broke support level 1…

CHF/JPY reached buy target 114…

The 55 Moving Average is acting as resistance, so we've got a "Doji" and an "Engulfing" at the local high.

We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.

There's a bearish impulse, which could be wave i of (i). 8/8 MM Level has acted as resistance twice.

We've got a "Double Bottom", so the price has reached resistance at 1.2988. Also, there's a triangle.

We've got a "Triple Bottom" pattern, so the price is rising. Therefore, bulls are likely going to test the next resistance.

CAD/CHF reached buy target 0…

EUR/NZD reached buy target 1…