Daily Market Analysis

We've got a 'V-Bottom', so the market is likely going to reach the previously tested resistance at 0.7205...

There's a bearish 'Engulfing', which has been confirmed. Also, the pair fixated below the 'Window', so we should watch the...

If the market breaks the low of the last 'V-Bottom' (1.3011), there'll be a moment to have a downward correction...

It's likely to have a local downward correction towards the support by the last 'Evening Star'. The subsequent pullback from this level...

We should watch the nearest resistance at 1.3231 as an intraday target. If a pullback from this level happens afterwards...

If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...

There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...

The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...

The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...

There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...

There's a 'Triple Top' pattern, which has been confirmed, so the price moved higher, but...

It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...