Daily Market Analysis

The price faced with resistance by the 89 MA. In this case, we should watch the lower 'Window' as...

There's a 'V-Bottom', so we should watch the nearest resistance at 1.2634 - 1.2661 as an intraday target...

On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.

On the daily chart of USD/CAD, the pair reached the 113% target of the "Shark" pattern.

There's a green light to have a bearish correction towards the Moving Averages. If a pullback from these lines happens next...

During the last 2 months, oil had wiped out about half of the gains it made during the last 2 years…

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...

On the daily chart of NZD/USD, bears managed to take control over the situation and pull the pair towards the lower border of the upward channel due to the "Three Indians" pattern.

On the daily chart of AUD/USD, bears managed to move the pair out of the upward channel.

Concerns about the US-China trade tensions returned. Does the technical analysis offer a way to make money on this development?

The key question about Brexit now is whether there will a deal between Britain and the European Union or the parties end up without a one.

We should watch the next resistance at 1.1433 as an intraday target. If a pullback from this level forms next...