Daily Market Analysis

The 34 Moving Average is likely going to act as support in the short term. If a pullback from this line happens little later on...

All the Moving Averages have been broken, so the price is moving up. The main intraday target is the nearest resistance at 1.1857...

Recommendation: BUY 112…

Recommendation: BUY 133…

AUD/USD broke key support area Next sell target - 0…

USD/CAD broke resistance zone Next buy target - 1…

AUD/CAD saw a volatile action during Wednesday’s session, following the BoC’s interest rate decision to keep rates unchanged and as a result, the pair did a strong rebound above the Fibonacci retracement level of 65% at 0…

Wave [ii] might have been ended, so there's an opportunity to have another upward impulse wave...

The lower "Window" has acted as support, but there's a bearish "Harami", which has been formed at the last local high...

We could have a local upward price movement. The main intraday target is the upper "Window"...

The Moving Averages have acted as resistance, so there's a "Double Top" pattern, which led to the current consolidation...

Bears faced with support at 1.1757, but there's also resistance by the 34 Moving Average. If a pullback from this line happens...