Daily Market Analysis

Wave (iii) has been ended on 7/8 MM Level, so there’s time for a correction.

The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term.

The price has tested the nearest resistance ones again. Also, we’ve got a “Shooting Star”.

Bulls faced a resistance at 1.2945, so we’ve got a “Double Top”, which has been confirmed by the last “Exhaustion Gap”.

The price is still consolidating under a resistance at 1.0951. Also, there’s a developing “Triple Top”.

USD/CAD reached buy target 1…

GBP/CAD broke resistance level 1…

EUR/USD opened the week with a bullish gap on the news that a pro-European candidate Emmanuel Marcon won the most votes in the first round of French presidential election…

The US dollar opened the week with a bearish gap formed on the first round of French presidential election…

The price is testing 7/8 MM Level, which previously has acted as a resistance. So, wave (iii) is likely going to end soon.

There’s a strong support by the lower “Window”. However, we’ve got a “Tweezers” and an “Engulfing” patterns.

Aussie declined from 0…