Daily Market Analysis

The pair is likely going to test the next resistance at 1.1495 shortly. However, if any bearish pattern arrives little later on...

The 'Rising Wedge' pattern has been broken, so the price is consolidating. It's likely that the pair is going to test...

The pair broke above the resistance line going through October highs but then was stopped by the 50% Fibonacci at 14.6380.

The pair recoiled down from the 50-day MA at 0.6750 and closed below 50% Fibonacci at 0.6715.

On the daily chart of EUR/GBP, there is the transformation of the "Shark" pattern into the 5-0 one.

On the daily chart of EUR/USD, bulls try to break the upper border of the 1.1265-1.1445 consolidation range, which was formed as a part of the "Spike and Ledge" pattern's implementation.

It's likely that the pair is going to test the lower 'Window' (1.1323) in the coming hours...

The New Zealand dollar has been suffering during the previous week, trading at November's levels. What did result in such a bad performance of the currency?

The pair is likely going to test the nearest support at 1.2606 - 1.2588. Meanwhile, if a pullback from this area happens next...

EUR/USD keeps trading with volatility but in a small range. There’s a very strong support level at 1.1310 (200-week MA).

EUR/JPY has reached the support line connecting 2018 lows and the lower weekly Bollinger band in the 125.50 area.

It's likely that the price is going to test the nearest support at 1.1335 in the coming hours. If a pullback from this level happens next...