Daily Market Analysis

Sometimes it’s worth analyzing big timeframes in order to get important trading hints…

It's likely that the market is going to test the nearest resistance at 1.1419. If any bearish pattern forms on this level...

We're likely going to have an upward correction shortly. In this case, we should watch the nearest resistance at 1.2634 - 1.2658 as...

The pair is likely going to test the next resistance at 1.1495 shortly. However, if any bearish pattern arrives little later on...

The 'Rising Wedge' pattern has been broken, so the price is consolidating. It's likely that the pair is going to test...

It's likely that the pair is going to test the lower 'Window' (1.1323) in the coming hours...

The pair is likely going to test the nearest support at 1.2606 - 1.2588. Meanwhile, if a pullback from this area happens next...

It's likely that the price is going to test the nearest support at 1.1335 in the coming hours. If a pullback from this level happens next...

It's likely that the price is going to test the next resistance at 1.2725 - 1.2759 in the coming hours...

If a pullback from 1.1418 happens next, bears will probably try to reach the closest support at 1.1335...

It's likely that the price is going to test the next resistance at 1.2695 - 1.2725. If a pullback from this level happens next...

The pair is likely going to test the 144 Moving Average (1.1400). If a pullback from this line happens next...