Daily Market Analysis

It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...

On D1, the pair formed a bearish “shooting star” candlestick ahead of the resistance line from December high.

This week USD/CAD had broken above the recent trading range. What's next?

The 89 Moving Average is acting as support, but we've got a bearish 'Flag'. In this case, we're likely going to...

There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...

It's likely that the market is going to continue falling down in the short term towards the previously tested support...

GBP/USD turned down from the levels around 1.3015 this week and fell below the 100- and 200-day MAs in the 1.2960 area.

There's a bullish 'Hammer', which hasn't been confirmed yet. Thus, it's likely that the market is going to test the next support...

There's a 'Thorn' pattern, which is likely going to be confirmed soon. In this case, we should watch the nearest resistance...

AUD/NZD met the resistance of the 50-week MA in the 1.0700 area.

The price is still consolidating between two 'Windows'. Also, there's a bullish 'Doji', which has been confirmed enough...

There's a 'Triple Top', which has been confirmed by the last 'Pennant' and 'Flag' patterns, so the price...