Daily Market Analysis

It's likely to have a local downward correction towards the closest support at 145.98 and the Moving Averages...

EUR/AUD rose to the 50-week MA around 1.5855 (weekly pivot) but then was rejected down.

The pair is likely going to test the upper 'Window' (112.54). The subsequent pullback from this level could be a starting point for...

There's a new local low and we have no any bearish pattern so far. In this case, the market is likely going to achieve...

AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA).

There's an 'Inverted Hammer', which hasn't been confirmed yet. In this case, for now, it's likely that the market is going to test...

It's likely that the pair is going to reach the previously tested resistance at 0.7167. If a pullback from this level happens next...

As long as the price stays below 1.3370, the near-term focus will be on the 100-day MA at 1.3310.

XAU/USD has paused its advance in February and since then has been trading in a triangle-like fashion.

The last bearish 'Harami', which has been formed at the last local high, led to the current decline. It's likely that the price is going to...

Have a look at the weekly chart: AUD/USD is facing resistance in the 0.7130 area.

We've got a 'Thorn' pattern, which brings more evidence for the bullish outlook. In this case, we should keep watching...