Daily Market Analysis

Ahead of Jackson Hole Symposium this weekend, EUR/USD has been trading in a slightly bullish tone above the 200 SMA at H1 chart…

We've got a "Tweezers" and a "High Wave", which both have been confirmed by the two "Three Methods" patterns in a row.

There's a developing consolidation. The 34 & 55 Moving Averages are acting as resistance. In this case, the market is likely going to...

There are a bearish impulse in wave i and a zigzag in wave ii. So, there's an opportunity to have wave iii of (c) soon. In this case...

Bears faced support at 1.2768, so the price is consolidating. In this case, we should keep an eye on the nearest resistance...

The main intraday target is the nearest resistance at 1.1846 - 1.1875. If a pullback from this area happens, there'll be an opportunity to have...

EUR/NZD broke key resistance level 1…

AUD/NZD broke pivotal resistance level 1…

USD/CHF has been keeping intact bullish structure formed above the 200 SMA at H4 chart…

We've got a double zigzag in wave (b) and a bearish impulse in wave i. It seems like wave ii is going to end soon, so we could have...

Bulls faced resistance on the 144 Moving Average, so there's a bearish "High Wave" pattern, which has been confirmed. In this case...

All the Moving Averages have been broken, also there's resistance by the last "Three Methods" pattern.