Daily Market Analysis

EUR/AUD broke pivotal resistance level 1…

AUD/USD broke support zone Next sell target - 0…

If a pullback from the upper side of the current ending diagonal happens, there’ll be time for correction.

Considering that there isn’t any reversal pattern so far, the price is likely going to climb even higher.

We’ve got a pullback from the 89 MA. However, there’s a “Shooting Star”, but a confirmation of this pattern is a quite weak.

We’ve got a “Double Top”, which has been confirmed by the last “Pennant”. The 89 Moving Average is acting as a support.

The price is still consolidating near the upper side of the current “Wedge”. At the same time, there’s a possible “Triple Top”.

AUD/CHF reversed from resistance zone Next sell target - 0…

AUD/CAD reached buy target 1…

The price is still moving up, so bulls are likely going to meet with the upper “Window” soon.

We’ve got bearish patterns such a “Tweezers”, a “Shooting Star” and a “Tower”.

An upward zigzag in wave y of (iii) has been ended, so the price found a lodgment under 7/8 MM Level.