Daily Market Analysis

The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...

There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...

There's a 'Triple Top' pattern, which has been confirmed, so the price moved higher, but...

It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...

The market is likely going to reach the next resistance area at 1.3374 - 1.3385. If a pullback from these levels happens little later on...

There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...

There's a 'Triple Top' pattern, which led to the current consolidation. Also, we've got a bearish 'Thorn', which has been confirmed...

The Moving Averages are acting as resistance, but there's no any bearish pattern so far...

The main trend is still bearish, but there's a 'V-Bottom' pattern, which has been confirmed. In this case, it's likely that the market...

We're likely going to have an upward correction in the coming hours in the direction of the upper 'Window'...

The main intraday target is the next support at 1.2830 - 1.2803. If a pullback from this area happens next...

The market is likely going to test the upper 'Window' (1.1329) in the coming hours. The subsequent pullback from this level...