Daily Market Analysis

On W1, GBP/CHF is trading in a descending wedge. The pair recoiled from the pattern’s lower border and turned up.

The price reached the 144 Moving Average, but there's no any bullish pattern so far. Thus, the price is likely going to test the next support...

We should keep an eye on the nearest support at 1.2814 - 1.2772. If a pullback from this area happens little later on...

NZD/USD made a confident rebound during the recent two weeks.

Last week EUR/USD tested 1.1570 but then retraced down and closed below 1.15.

The price is likely going to continue declining towards the 89 & 144 Moving Averages. If a pullback from these lines happens next...

The market is likely going to test the nearest support at 1.2796 - 1.2772. Meanwhile, if a pullback from these levels happens next...

We should watch the next resistance at 1.1597 as an intraday target. The subsequent pullback from this level could lead to...

The market is going to test the nearest support at 1.2706 - 1.2695. Meanwhile, a pullback from this level could lead to a bullish rally...

Britain will release some economic data today. The forecast is positive. It’s possible to try to exploit this idea trading GBP/JPY.

USD/MXN is testing levels below 50-week MA and is vulnerable for a slide to the 100-week MA.

The price is likely going to test the nearest support at 1.1496. If a pullback from this level happens next...