Daily Market Analysis

NZD/CHF closed below 200-day MA at 0.6735 thus confirming a top.

It's likely that the pair is going to test the nearest resistance at 1.1422 shortly. The subsequent pullback from this level could lead to...

The market is likely going to test the nearest resistance at 1.2725 - 1.2759. If a pullback from this area happens next...

On the daily chart of GBP/USD, bulls try to push the pair back to the triangle's borders and the previous consolidation range between 1.27 and 1.33.

On the daily chart of USD/CHF, the transformation of the "Shark" pattern into the 5-0 one continues.

USD/JPY may have finally reached the time when it will test levels below the support line.

This week will bring us 3 central bank meetings. Let’s consider how they may turn out for market moves.

If a pullback from the 144 MA happens next, there'll be a moment to have a decline towards the closest 'Window' at 1.1321...

There's a 'V-Bottom', which has been confirmed, so the market is likely going to test the closest resistance at 1.2658 - 1.2695...

On the daily chart of USD/CAD, the implementation of the "Bat" and AB=CD patterns continues.

On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.

The price is likely going to test the 89 MA soon. If this line acts as support, there'll be a moment to have a decline towards...