Daily Market Analysis

Have a look at the pair EUR/NZD as it might present some interesting trade ideas.

The pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next...

The main bullish target is the nearest resistance at 0.6962 - 0.6987 and the 89 Moving Average...

Although EUR/CHF has already made a big leap to the downside, the weekly chart shows that the decline looks unfinished.

As the CHF is considered as a stronger kind of safe haven, we propose a USD/CHF short trade.

The pair is going to reach the next resistance at 1.3563. If a pullback from this level happens next...

The Moving Averages have acted as resistance, so there's a green light for a local decline. In this case, we should watch...

We've got a 'Tweezers' pattern, which has been confirmed. Thus, it's likely that the market is going to test the next support...

Considering the last 'Thorn' pattern, the pair is likely going to test the nearest resistance at 0.8860 - 0.8885...

The USD is helped by the demand for it as a safe haven and the lack, while the CAD is pressured by the declining oil prices.

GBP/JPY is testing levels below the support of the last 4 trading days at 139.50.

The Australian dollar can’t find a way out of the darkness…