Daily Market Analysis

It's likely to have a local downward correction towards the support by the last 'Evening Star'. The subsequent pullback from this level...

We should watch the nearest resistance at 1.3231 as an intraday target. If a pullback from this level happens afterwards...

If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...

There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...

The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...

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...