Daily Market Analysis

The last upward trend has been broken, so the price meet with support at 1.2755, which led to forming a "V-Bottom" pattern.

The price is consolidating between resistance at 1.1267 and support at 1.1171. Also, we've got a "Double Top" pattern.

EUR/GBP reached buy target 0…

GBP/NZD broke daily up channel Next sell target - 1…

There are a "Doji" and an "Engulfing", so the price is likely going to get resistance in the middle of the last huge black candle.

There's a correction, which is taking place on the four-hours chart. Also, we've got a developing a "Three Methods" pattern.

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.