Daily Market Analysis

The upper "Window" is acting as resistance, so we've got a bearish "Doji" pattern, which has been confirmed.

Bulls went through the "Window". Finally, an "Evening Star" formed, so there's an opportunity to have a local bearish correction.

The price is still rising in wave C of (E). It seems like wave [v] of C is likely going to be continued. In this case, we should keep an eye on...

We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.

The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen,  rising Tenkan-sen; the bulls trying to breakout a strong resistance on 0.7610/30.

Narrow bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but horizontal Tenkan-sen and Kijun-sen; the market is breaking out through the SSB’s resistance and made a new H4-highs.

GBP/USD found a demand area between 1…

CHF/JPY broke powerful resistance level 115…

CAD/JPY reached buy target 85…

There's a developing impulse in wave C of (E). The main bullish target is +1/8 MM Level, which could be a departure point for an impulse wave.

The 34 MA has acted as support, so we've got a bullish "Hammer" on this line. If this pattern confirms, the price is likely going to...