Daily Market Analysis

On the daily chart, EUR/USD reached an interim target at 78.6% of the “Bat”. The pair formed an inside bar. A break of its upper border will increase the odds of a break above the diagonal resistance and a trigger of the “Shark” pattern.

EUR/NZD has been doing a retracement from the highs of May 15th and it’s challenging the Fibonacci area of 65% at 1…

CAD/JPY broke resistance zone Next buy target - 87…

AUD/NZD rising inside accelerated impulse wave (3) Next buy target - 1…

There's a bullish 'Three Methods' pattern. Therefore, the price is likely going to test the upper 'Window' in the short term...

If any bullish pattern forms little later on, there'll be a moment to have an upward correction towards the Moving Averages...

The market is likely going to test the next support at 1.3457 - 1.3419 soon...

The market is likely going to test the nearest support at 1.1762 - 1.1717. A pullback from this area could be a departure point for...

On the daily chart, USD/JPY is trading within an uptrend channel. Bulls remain in control of the situation.

On the daily chart of EUR/JPY, a successful break below the lower border of the 129.15-132.15 consolidation range will trigger AB=CD pattern with a target at 200%.

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen...