Daily Market Analysis

We should watch the previously tested support at 0.6712 - 0.6705 as an intraday target...

There's a bearish correction, which is taking place on the Daily chart. We've got two 'Three Methods' patterns in a row...

The last pullback from the Moving Averages led to form a new local high...

There's a bullish 'High Wave', but this pattern hasn't been confirmed enough. Thus, it's likely that the pair is going to reach...

It's likely that the market is going to test the nearest support at 1.0000 - 0.9989 and the Moving Averages soon...

It's likely that the pair is going to test the nearest resistance at 1.3391. However, if a pullback from this level happens little later on...

It's likely that the price is going to test the nearest support at 0.8574 because of the last 'Triple Top' pattern...

There're bullish patterns such an 'Inverted Hammer' and a "Hammer', which both have been confirmed...

There's a 'Flag' pattern, which led to forming a new local low. Also, we've got a 'V-Bottom', so...

The pair is going to test the nearest support at 110.54. This level could be a starting point for another bullish rally towards the upper 'Window'...

It's likely that the pair is going to test the closest resistance at 0.6756 - 0.6772 in the short term...

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