Daily Market Analysis

On the daily chart, EUR/USD is consolidating in the 1.1500-1.1850 range. A break of its upper border triggers AB=CD pattern with a target at 200% and will increase the risks of a “Shark” with a target

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

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

If a pullback from the Moving Averages happens little later on, the price is likely going to reach the next resistance at 112.00...

The market is likely going to test the nearest support at 1.1557 in the coming hours. A pullback from this level could be a starting point for...

The main intraday target is the next resistance at 1.3032 - 1.3047. If we have a pullback from this area, there'll be an opportunity to have...

There's a 'V-Top', which led to the current local correction. However, the pair is likely going to continue moving up towards the next resistance...

On the daily chart, USD/JPY is consolidating in the 109.75-112.15 range within the “Spike and ledge”.

On H1, a “Shark” is transforming into 5-0. After a pullback from support at 38.2% of the wave CD, bulls seized the initiative.

If a pullback from the nearest resistance at 111.63 happens next, bears will probably try to test the next 'Window'...

It's likely that the pair is going to test the nearest support at 1.1519. A pullback from this level could be a departure point for...

The pair is going to test the closest resistance at 1.2870 - 1.2880 during the day. A pullback from these levels could be...