Daily Market Analysis

This week we can await a big move: either to the previous week’s high or to 78.6% Fibo level.

The price is likely going to test the nearest resistance at 1.1368. If a pullback from this level happens little later on...

We should watch the nearest support at 1.3047 - 1.3032 as an intraday target. If a pullback from this level happens next...

The pair will be vulnerable for a decline to support at 1.0440.

Since the end of December, the price of WTI has substantially recovered.

We had a 'Harami' pattern, which has been confirmed, so the price is likely going to continue declining. The main intraday target is...

The market is likely going to test the nearest support at 1.3042 - 1.3032. If a pullback from this area happens little later on...

EUR/CHF formed an ‘Inside bar’ candlestick pattern followed by a ‘Fakey’.

We've got a bearish 'Engulfing', which has been formed on the 34 Moving Average. In this case, the pair is likely going to...

The main intraday target is the next resistance area at 1.3013 - 1.3032. Meanwhile, if a pullback from these levels happens next...

After the bullish start of the year, the rand has started to weaken since the last Thursday. Let’s point out the main factors affecting the ZAR and set the key levels for this week’s trading.

The pair’s continuing the overall downtrend since October as it breached down the wedge earlier this month.