Daily Market Analysis

There's an opportunity to have a downward correcting in the coming hours. However...

There are bearish patterns such a "Tweezers" and a "Doji", which both have been confirmed enough...

It's likely that bears are going to achieve the nearest support at 1.3081 in the short term. If we see a pullback from this level...

We've got a "Triple Top", so the price is consolidating. The main intraday target is the closest resistance at 1.1819 - 1.1831.

Recommendation: BUY 0…

Recommendation: SELL 1…

EUR/NZD broke powerful resistance level 1…

NZD/USD broke key support level 0…

The last "Three Methods" pattern pushed the price higher, so the price fixated above the "Window"...

We've got a bearish "Doji", so the price is declining. The main intraday target is 55 Moving Average. If a pullback from this line happens...

The price fixated above 1/8 MM Level, so wave [ii] may have been formed. Therefore, we're likely going to have...

We've got a "Double Top", so the market is likely going to test the next support at 1.3169 - 1.3144 during the day...