Daily Market Analysis

It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...

We had a 'Thorn' pattern. There's also a 'V-Top', which has been confirmed, so the price is likely going to test the next support...

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines.

On the daily chart of USD/JPY, a break of the support at 112.85 and an exit out of the upward channel may mean an implementation of reversal 1-2-3 and "Three Indians" patterns.

On the daily chart of EUR/JPY, the pair keeps reaching targets of the "Broadening wedge" pattern.

We should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction...

We should watch the nearest support at 1.2953 - 1.2930 as an intraday target for GBPUSD...

Irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

On the daily chart of GBP/USD, bulls could return the pair to the upper border of the downward channel.

On the daily chart of USD/CHF, the 113% target of the “Shark” pattern was reached.