Daily Market Analysis

On the USD/CAD daily chart, the realization of the Wolfe Waves pattern continues…

Recommendation: BUY 0,744 SL 0,7385 TP 0,755…

Expanding bearish Ichimoku Cloud, falling Senkou Span A; Tenkan-sen and Kijun-sen will make a new dead cross; the prices are bounced from Senkou Span A and made the new lows for last two weeks.

Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the prices are returned to the Cloud and breakout Senkou Span B.

Recommendation:  BUY 111,95 SL 111,4 TP1 113,5 TP2 114,6…

On the daily chart of gold, the exit of quotes from the triangle allowed the Bulls to return to the upward trading channel…

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen under the Cloud; the market can’t breaking out the Cloud’s resistance.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are supported by Cloud and Tenkan-sen.

Recommendation: BUY 0,7045 SL 0,6990 TP1 0,715 TP2 0,723…

Recommendation: BUY 1,2865 SL 1,281 TP 1,3025, SELL 1,28 SL 1,2855 TP 1,264…

Expanding bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are corrected to Kijun-sen.

Narrowing bullish Ichimoku Cloud, falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are under the Cloud and formed the new lows.