Daily Market Analysis

EUR/AUD is currently strong in the bullish bias for the short-term and price action remains above the 200 SMA at H1 chart…

EUR/USD reversed from support zone Next buy target - 1…

EUR/AUD broke round resistance level 1…

The upper "Window" has acted as resistance, so there's a bearish "Harami", which hasn't been confirmed yet. In this case, the price is likely going to...

There're bullish patterns such a "Harami" and a "Tweezers", which both have been confirmed. Also, we don't have any reversal pattern.

The euro has climbed to 1…

Narrow bullish Ichimoku Cloud; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are under the strong resistance on daily timeframe.

Bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen; the market is supported by the Cloud.

The price has been declining in wave [i] since a pullback from 3/8 MM Level was formed. The main bearish target is 0/8 MM Level.

US equities ended mostly higher yesterday in the post-holiday trade buoyed by gains in technology, healthcare in and financial shares…

The price is consolidating near the 89 Moving Average, so bulls are likely going to test the nearest resistance at 1.2964 - 1.2976.

The 34 MA has acted as support, so the price is consolidating. Also, there's a "V-Top" pattern, which has been confirmed.