Daily Market Analysis

There's no any reversal pattern so far, which means the price is going to continue declining towards the next support area...

It's likely that the 34 Moving Average is going to act as resistance. If so, there'll be a green light for another decline...

There's an opportunity to have an upward correction towards the nearest resistance at 1.1762...

The Indonesian economy is highly affected by the combination of rising US yields and higher oil prices.

Recommendation: BUY 0…

On H1 of EUR/USD, bulls want to trigger “Wolfe waves” pattern with a target at the line 1-4. At the same time, if the pair doesn’t leave the downtrend channel, their plans will fail.  

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…

CAD/CHF broke support area Next sell target 0…

EUR/CHF broke support area Next sell target - 1…

We're going to have a bullish correction in the coming hours. Nevertheless, there's an opportunity to see another decline...

We're likely going to have an upward correction in the short term. Even so, bears will probably try to deliver another decline little later on...

It's likely that the 34 Moving Average is going to act as resistance. If so, bears will probably try to deliver another decline...