Daily Market Analysis

A good trader should be prepared for the events which are likely to shake the market.

The market broke all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the next resistance...

Last week the stock of McDonald’s took off from the support in the 180.50 area and approached March high at 185.60.

We should watch the 144 MA as the nearest bearish target. If a pullback from this line happens next, bulls will probably try to...

Pfizer continues the downtrend since the end of the last year. Last week the stock experienced a heavy selloff.

There's also a 'Flag' pattern, which has been broken, but the 89 Moving Average acted as support. Thus, it's likely to have...

EUR/NZD has stalled ahead of the downtrend resistance line.

It's likely that the pair is going to test the nearest support at 1.3259 and the 55 Moving Average...

The last low has been broken, but there's a 'V-Bottom' pattern, which has been confirmed. Meanwhile, it's likely that...

It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.

NZD/USD ran into the resistance of the line connecting February highs.

With all this Brexit mess it’s very easy to forget about other currency pairs.