Daily Market Analysis

We've got a pullback from 4/8 MM Level, so wave 2 may have been formed. Also, wave (i) is about to end, so...

We've got a "Tweezers" and a "Hammer", which both have been confirmed enough. So, the market is likely going to...

The 55 Moving Average has acted as resistance, so we've got a bearish "High Wave" on this line.

There's a "Double Bottom", which pushed the price towards resistance at 1.2705. In this case, the market is likely...

The 89 Moving Average has acted as support, so we've got a bullish "V-Bottom". Therefore, the market is likely going to...

Bullish Ichimoku Cloud, but falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are breaking the SSB’s support and going to Cloud’s support.