Daily Market Analysis

The market is likely going to reach the next resistance area at 1.3374 - 1.3385. If a pullback from these levels happens little later on...

There's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages...

There's a 'Triple Top' pattern, which led to the current consolidation. Also, we've got a bearish 'Thorn', which has been confirmed...

The Moving Averages are acting as resistance, but there's no any bearish pattern so far...

The main trend is still bearish, but there's a 'V-Bottom' pattern, which has been confirmed. In this case, it's likely that the market...

We're likely going to have an upward correction in the coming hours in the direction of the upper 'Window'...

The main intraday target is the next support at 1.2830 - 1.2803. If a pullback from this area happens next...

The market is likely going to test the upper 'Window' (1.1329) in the coming hours. The subsequent pullback from this level...

There's a 'V-Top' pattern, which led to the current consolidation. It's likely that the market is going to reach the previously tested support...

The market is likely going to test the nearest resistance at 1.1359 by the last 'Three Methods' pattern...

The 34 Moving Average has acted as resistance, so the price is consolidating. In this case, it's likely that the pair is going to reach...

It seems like we're going to have a 'Hammer' pattern shortly. If so, there'll be time for an upward correction towards...