Daily Market Analysis

The price is likely going to test the next support at 110.58 in the short term. A pullback from this level could be a starting point for...

The 55 & 89 Moving Averages are likely going to act as support soon. A pullback from these lines could be a starting point for...

It's likely that the price is going to reach the next resistance at 1.3070 - 1.3090. A pullback from these levels could be a starting point for...

The price is likely going to test the next resistance at 1.1717 - 1.1745 in the coming hours. A pullback from this area could lead to...

On the daily chart, the inability of bulls to make EUR/GBP settle above the upper border of the 0.8700-0.9020 consolidation range points at their weakness.

On the daily chart, EUR/USD keeps forming a “Shakeout-Fakeout” pattern.

Irregular bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but narrow channel of Tenkan-Kijun.

GBP/NZD rising inside impulse wave (iii) Next buy target - 1…

NZD/CHF broke support zone Next sell target - 0…

It's likely to have a local bearish correction soon. In this case, we should keep an eye on the closest support...

After a short break, the market is likely going to reach the next resistance at 1.1796...