Daily Market Analysis

The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...

The following pullback from the nearest resistance at 1.2930 - 1.2953 could lead to another decline in the direction of the next support...

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

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

On the daily chart of USD/CAD, bulls almost returned the pair to the 1.3275-1.3315 convergence (targets of "Shark" and "Wolfe waves" patterns).

On the daily chart of XAU/USD, bears managed to pull the pair to targets of 1-2-3 and "Bat" patterns and return gold within the previous consolidation range of 1185-1215.

There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...

The main intraday target is the next support at 1.2830 - 1.2796. A pullback from this area could lead to an upward correction towards...

Bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with extremely falling lines.

On the daily chart of AUD/USD, after the pair reached the 88.6% target of the "Shark" pattern, a logical pullback happened.

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 NZD/USD, there is an implementation of the "Shark" pattern.