Daily Market Analysis

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun.

The new agreement between the United States, Mexico and Canada (USMCA) did not result in the long-term strengthening of the Mexican peso. Let's find out the reasons why.

The US dollar index is trading near the 2018 highs…

A pullback from 1.1555 could be a starting point for another decline towards the next support at 1.1392...

On the daily chart of AUD/USD, bulls and bears are fighting for the 78.6% level of the long-term upward wave.

The price is consolidating under the 89 Moving Average. It's likely that the pair is going to test the nearest resistance...

On the daily chart of NZD/USD, bulls couldn’t break above the upper boundary of the downward channel for the first time.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with rising lines.

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines.

The Chinese yuan has lost a lot since trade war tensions started escalating.

The pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next...

It's likely that the market is going to test the next support area at 1.2999 - 1.2968. A pullback from these levels could be...