Daily Market Analysis

NZD/USD closed last week below the declining 50-week MA (0.6765).

We should watch the nearest resistance at 1.1304 by the upper 'Window' as the next target...

It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...

AUD/CAD met resistance at the line connecting December and March highs.

There's a 'Tower' pattern, which has been confirmed, so we've got an ongoing bearish correction...

The main intraday target is the nearest resistance at 1.0009 - 1.0025. If a pullback from this area happens little later on...

The release of the US and Canadian data at 15:30 MT time will bring substantial volatility to the pair.

EUR/JPY has been trading within an uptrend channel since the end of March.

There's no any reversal pattern so far. In this case, the market is likely going to test the nearest support...

It's likely that the price is going to reach the previously tested support at 0.8483 soon. If any bullish pattern form on this level little later on...

EUR/CHF managed to gather its strength and push higher.

There's a bearish 'Harami', which led to the current decline. Also, we've got an 'Inverted Hammer', but this pattern remains unconfirmed...