Daily Market Analysis

Bulls faced resistance at 1.1204. However, the price is likely going to move on towards the next resistance at 1.1232 - 1.1249.

CAD/JPY reversed from support zone Next buy target - 83…

EUR/USD rising inside impulse waves (iii) and C Next buy target - 1…

There's a "Tweezers" pattern at the local high, but the last bullish "Hammer" is still on the table.

We've got a "High Wave" and a "Hammer" at the last low, so there's an opportunity to have the market even higher.

The price is still rising, so bulls are likely going to test 8/8 MM Level.

The 55 Moving Average has acted as support, so there's a "V-Bottom" pattern, which pushed the price a little bit higher.

The price faced support at 1.1066, so we've got a "V-Bottom" pattern, so the market is likely going to continue moving up.

EUR/CAD reversed from key resistance level 1…

EUR/CHF broke the support level 1…

There isn't any reversal pattern so far, which means the nearest support level is likely going to be tested once again.

There's an "Evening Star", so the lower "Window" is likely going to act as support.