Daily Market Analysis

There's a 'V-Top' pattern, which led to the current consolidation. It's likely that the market is going to reach the previously tested support...

We are slowly approaching the final deadline for the trade truce. Let's consider how the fresh trade talks between the US and China next week may affect the market.

The market is likely going to test the nearest resistance at 1.1359 by the last 'Three Methods' pattern...

The 34 Moving Average has acted as resistance, so the price is consolidating. In this case, it's likely that the pair is going to reach...

USD/TRY has been trying to recover since the end of January.

EUR/JPY spent more than a month correcting up after its spike down made at the start of January.

It seems like we're going to have a 'Hammer' pattern shortly. If so, there'll be time for an upward correction towards...

There's a 'Pennant' pattern, which has been broken. So, we should keep an eye on the nearest support as an intraday target...

USD/CAD found support at the 2018 trendline and the 50-week MA in the 1.3080 area.

XAU/USD keeps declining after it failed to break above 78.6% Fibonacci retracement in the 1321 area.

It's likely that the pair is going to test the next support at 1.1368 in the coming hours. If a pullback from this level happens next...

The main intraday target is the next support at 1.2910 - 1.2854. If a pullback from this area happens next, there'll be a moment for...