Daily Market Analysis

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…

We've got a bullish "Hammer", which has been confirmed. Also, there's a "Doji" on the 144 Moving Average.

We've got bearish patterns such a "Tower" and a "High Wave", which both have confirmation.

We've got a pullback from 8/8 MM Level, so a double zigzag in wave [y] of 2 may have been formed.

We've got two "Thorn" patterns, so the price is consolidating. The 89 Moving Average is acting as support.

The last "Double Top" pushed the price lower, so bears meet with support at 1.1171. Also, there's a "Flag" pattern.