Daily Market Analysis

There's a 'Double Bottom', which has been confirmed, so the price is rising. However, it seems like we could have a bearish...

There're bearish patterns such a 'High Wave' and a 'Harami', which both have been confirmed.

There's a 'V-Bottom' pattern, which led to the current upward price movement…

We've got a 'Three Methods' pattern, so the market is likely going to test the next support at 1.2777 in the short term...

There's a bearish 'Pennant' pattern, so it's likely that the market is going to reach the next support...

There's a 'Double Top' pattern, which has been confirmed, so the price is likely going to test the nearest support at 0.6543 in the short term...

The last bullish 'Tweezers' pushed the price higher. There's no any bearish pattern so far, so the price is likely going to...

It's likely that the market is going to test the 34 Moving Average in the short term...

There's a bearish 'Thorn', so the price is likely going to reach the nearest support at 0.6947 in the near future...

So we're likely going to have a local upward correction towards the upper 'Window' (111.09)...

The 89 Moving Average has acted as support. Even so, the market is likely going to reach the next support...

The last 'Tweezers' and 'Shooting Star' hasn't been confirmed yet, so it's still possible to have a test of the local upper 'Window'...