A strong demand zone has been found between 81…
Daily Market Analysis
AUD/JPY reached buy target 85…
EUR/USD broke strong resistance level 1…
The upper "Window" is acting as resistance, so we've got a bearish "Doji" pattern, which has been confirmed.
Bulls went through the "Window". Finally, an "Evening Star" formed, so there's an opportunity to have a local bearish correction.
The price is still rising in wave C of (E). It seems like wave [v] of C is likely going to be continued. In this case, we should keep an eye on...
We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.
The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...
GBP/USD found a demand area between 1…
CHF/JPY broke powerful resistance level 115…
CAD/JPY reached buy target 85…
There's a developing impulse in wave C of (E). The main bullish target is +1/8 MM Level, which could be a departure point for an impulse wave.