There's a local 'V-Bottom' pattern, so the pair is likely going to achieve the previously tested resistance...
Daily Market Analysis
Information is not investment advice
The pair consolidated in the middle of the bullish channel during the last 5 days.
The last bullish 'Harami' pushed the price higher. The price is near the 34 Moving Average, but there's no any bearish pattern so far...
The market broke all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the next resistance...
We should watch the 144 MA as the nearest bearish target. If a pullback from this line happens next, bulls will probably try to...
There's also a 'Flag' pattern, which has been broken, but the 89 Moving Average acted as support. Thus, it's likely to have...
EUR/NZD has stalled ahead of the downtrend resistance line.
It's likely that the pair is going to test the nearest support at 1.3259 and the 55 Moving Average...
The last low has been broken, but there's a 'V-Bottom' pattern, which has been confirmed. Meanwhile, it's likely that...
NZD/USD ran into the resistance of the line connecting February highs.
The main target is 1312.93. The subsequent pullback from this level could lead to another decline in the direction of...
The pair is likely going to test the nearest resistance at 147.80 - 148.56, which means we could have a new local high soon...