Daily Market Analysis

The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.

We're likely going to have an upward correction towards the nearest support at 109.66...

The 89 Moving Average acted as resistance, which means there's an opportunity to have a downward correction...

The main intraday target is the next resistance at 1.3527. A pullback from this level could be a starting point for...

At the end of May, the EUR/USD pair plunged to lows of July 2017…

The main intraday target is the next resistance at 1.1853 - 1.1896. A pullback from this area could be a departure point for...

On the daily chart of USD/JPY, the “Shark” pattern is transforming into 5-0. After a correction to 50% of the wave CD, an advance above May high will open the way up to the pair.

On the daily chart, bulls counterattacked after EUR/JPY reached 161.8% target of AB=CD. They managed to return the pair inside the previous consolidation range of 129.15-132.15.

EUR/JPY broke pivotal resistance level 129…

EUR/CHF reversed from support area Next buy target - 1…

The pair is likely going to climb even higher in the short term. So, we should keep an eye on the upper 'Window'...

The main intraday target is the lower 'Window' (1.1741), which could act as support...