We've got a bearish "Tower", which has been confirmed enough. Therefore, the market is likely going to reach the nearest support.
Daily Market Analysis
There's a possible flat pattern in wave (ii). Also, we've got an impulse in wave i. If a pullback from 6/8 MM Level happens in the coming hours...
The price found support at 1.2860, so we've got a "Triple Top", which led to decline to the 89 Moving Average. Also, there's a developing "Flag" pattern...
The price is consolidating under resistance at 1.1443. Also, we've got two "V-Top" patterns in a row, so the market is likely going to...
On the daily chart of gold, breaks of the lower border of the upward trading channel and the neckline of the Head and Shoulders pattern may result in a further downfall…
On the USD/JPY daily chart, the exit of quotes beyond the limits of the long-term downward channel followed by the successful test of the resistance at 113…
The EUR/USD pair is following a bullish bias across the markets and it continues to strengthen the current path with a consolidation above the 200 SMA at H4 chart…
EUR/JPY rising inside impulse waves (iii) and 3 Next buy target - 132…
CHF/JPY reached buy target 118…
We've got a "Doji" and a "Shooting Star" at the last high, so bears are likely going to test the closest "Window" during the day.
We've bearish patterns such a "Shooting Star" and a "Tweezers", but both of them haven't been confirmed yet. Therefore...
There's a "Triple Top", which pushed the price to support at 1.2947. So, the pair is likely going to decline in the direction of...