Daily Market Analysis

Recommendation: SELL $1270, SL $1278, TP1 $1250, TP2 $1230 On the daily chart, bulls made a second attempt during the 2 weeks to return the prices inside the previous rising channel…

There's a consolidation, which is taking place near the 89 Moving Average. Also, there's a possible developing "Flag" pattern, so...

The pair is consolidating near the 55 Moving Average. It's likely that the price is going to test the nearest support in the short term.

GBP/JPY falling inside minor ABC correction (ii) Next sell target - 139…

CAD/JPY reached sell target 87…

GBP/USD has been riding a bearish sequence in the short-term, according to our H1 chart projection…

We've got a new local low, but there isn't any reversal pattern so far. So, bears are likely going to test the "Window's" lower side.

There's a bearish correction. The last bullish "High Wave" pattern hasn't been confirmed yet, so...

On the daily chart, USD/CAD left the downtrend channel…

Recommendation: BUY 1…

There's a "Double Bottom", so the price is rising. The main target is the nearest resistance at 1.3069 and the 55 MA.

Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.